Wintrust Financial Corporation (WTFC) Earns News Sentiment Rating of 0.16
News stories about Wintrust Financial Corporation (NASDAQ:WTFC) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Wintrust Financial Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 45.9839045654887 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- ETFs with exposure to Wintrust Financial Corp. : September 14, 2017 (finance.yahoo.com)
- Wintrust Financial Corp. :WTFC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 12, 2017 (finance.yahoo.com)
- Wintrust Financial Corp. : WTFC-US: Dividend Analysis : August 10th, 2017 (record date) : By the numbers : September 11, 2017 (finance.yahoo.com)
- Wintrust Financial Corporation (WTFC) & Mitsubishi UFJ Financial Group (MTU) Financial Contrast (americanbankingnews.com)
- Wintrust Financial Corporation (WTFC) Rating Reiterated by Royal Bank Of Canada (americanbankingnews.com)
Wintrust Financial Corporation (WTFC) opened at 70.45 on Friday. The firm has a 50-day moving average price of $72.79 and a 200-day moving average price of $72.54. Wintrust Financial Corporation has a one year low of $51.66 and a one year high of $80.52. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 17.77 and a beta of 0.81.
Wintrust Financial Corporation (NASDAQ:WTFC) last posted its earnings results on Tuesday, July 18th. The bank reported $1.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.12. The company had revenue of $294.38 million for the quarter, compared to analyst estimates of $279.69 million. Wintrust Financial Corporation had a return on equity of 9.15% and a net margin of 19.24%. Wintrust Financial Corporation’s revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.90 earnings per share. On average, equities analysts predict that Wintrust Financial Corporation will post $4.30 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 24th. Shareholders of record on Thursday, August 10th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.79%. The ex-dividend date was Tuesday, August 8th. Wintrust Financial Corporation’s dividend payout ratio (DPR) is 14.11%.
WTFC has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BidaskClub cut shares of Wintrust Financial Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. ValuEngine raised shares of Wintrust Financial Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $82.00 price objective on shares of Wintrust Financial Corporation in a research note on Tuesday, August 22nd. Finally, Hovde Group reaffirmed a “market perform” rating and set a $80.00 price objective (up previously from $76.50) on shares of Wintrust Financial Corporation in a research note on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $80.63.
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In other Wintrust Financial Corporation news, EVP David A. Dykstra sold 26,861 shares of the company’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $76.82, for a total value of $2,063,462.02. Following the sale, the executive vice president now owns 185,651 shares of the company’s stock, valued at $14,261,709.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary D. Sweeney bought 485 shares of the stock in a transaction on Friday, July 21st. The stock was purchased at an average cost of $77.12 per share, for a total transaction of $37,403.20. Following the acquisition, the director now directly owns 2,186 shares of the company’s stock, valued at approximately $168,584.32. The disclosure for this purchase can be found here. 2.00% of the stock is currently owned by corporate insiders.
About Wintrust Financial Corporation
Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company offers community banking services to individuals, small to mid-sized businesses, local governmental units and institutional clients.
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