Wintrust Financial (NASDAQ:WTFC) Given Buy Rating at DA Davidson

DA Davidson restated their buy rating on shares of Wintrust Financial (NASDAQ:WTFC) in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has a $165.00 target price on the bank’s stock.

Several other analysts have also recently weighed in on WTFC. Truist Financial decreased their price objective on shares of Wintrust Financial from $170.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Citigroup upped their price objective on shares of Wintrust Financial from $167.00 to $178.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. TD Cowen upped their price objective on shares of Wintrust Financial from $170.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Royal Bank Of Canada upped their price objective on shares of Wintrust Financial from $160.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Finally, UBS Group reaffirmed a “buy” rating and set a $176.00 price objective on shares of Wintrust Financial in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $163.08.

Wintrust Financial Price Performance

Shares of Wintrust Financial stock opened at $150.26 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $10.13 billion, a price-to-earnings ratio of 12.60 and a beta of 0.86. Wintrust Financial has a 1-year low of $100.64 and a 1-year high of $162.96. The firm’s 50-day moving average price is $142.83 and its two-hundred day moving average price is $139.77.

Wintrust Financial (NASDAQ:WTFC) last issued its quarterly earnings data on Monday, April 20th. The bank reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.96 by $0.26. The firm had revenue of $713.17 million for the quarter, compared to analysts’ expectations of $707.23 million. Wintrust Financial had a net margin of 20.11% and a return on equity of 13.32%. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.69 earnings per share. On average, equities analysts predict that Wintrust Financial will post 12.38 earnings per share for the current fiscal year.

Wintrust Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 28th. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, May 14th. Wintrust Financial’s dividend payout ratio is 19.30%.

Insider Buying and Selling at Wintrust Financial

In other news, EVP Jeffrey D. Hahnfeld sold 314 shares of the stock in a transaction that occurred on Tuesday, January 27th. The shares were sold at an average price of $145.43, for a total transaction of $45,665.02. Following the sale, the executive vice president directly owned 1,947 shares of the company’s stock, valued at $283,152.21. This represents a 13.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider David Eric Lee sold 558 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $147.42, for a total transaction of $82,260.36. Following the sale, the insider directly owned 16,085 shares in the company, valued at $2,371,250.70. This trade represents a 3.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,662 shares of company stock valued at $1,705,730 over the last three months. Insiders own 1.01% of the company’s stock.

Institutional Trading of Wintrust Financial

Several hedge funds have recently modified their holdings of WTFC. Advisors Asset Management Inc. acquired a new position in Wintrust Financial in the first quarter valued at approximately $27,000. Jones Financial Companies Lllp lifted its holdings in Wintrust Financial by 49.0% in the first quarter. Jones Financial Companies Lllp now owns 1,019 shares of the bank’s stock valued at $115,000 after buying an additional 335 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Wintrust Financial by 7.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 179,430 shares of the bank’s stock valued at $20,179,000 after buying an additional 12,103 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Wintrust Financial by 400.0% in the second quarter. EverSource Wealth Advisors LLC now owns 400 shares of the bank’s stock valued at $50,000 after buying an additional 320 shares during the period. Finally, Cerity Partners LLC lifted its holdings in Wintrust Financial by 1.6% in the second quarter. Cerity Partners LLC now owns 23,120 shares of the bank’s stock valued at $2,866,000 after buying an additional 355 shares during the period. 93.48% of the stock is owned by institutional investors.

Key Stories Impacting Wintrust Financial

Here are the key news stories impacting Wintrust Financial this week:

• Positive Sentiment: Q1 beat — Wintrust reported $3.22 EPS vs. $2.96 consensus and revenue of $713.2M (vs. ~$707M expected); revenue rose ~10.9% YoY, supporting stronger profitability. MarketBeat Earnings Report
• Positive Sentiment: Record profitability — Company announced record quarterly net income ($227.4M) and record pre-tax, pre-provision income ($330.5M), highlighting operating leverage and margin resilience. GlobeNewswire Release
• Positive Sentiment: Analyst support — DA Davidson reaffirmed a “buy” rating and set a $165 price target (~mid-single-digit to high-single-digit upside from current levels), giving the stock near-term upside narrative. TickerReport on DA Davidson
• Positive Sentiment: Street revisions ahead of the print — Several analysts revised estimates ahead of the call, and pre-earnings positioning helped lift sentiment into the report. Benzinga Preview
• Neutral Sentiment: Earnings call transcript available — Management provided additional color on results and business trends in the Q1 call; investors should review the transcript for details on loan growth, margin outlook and reserve strategy. Seeking Alpha Transcript
• Neutral Sentiment: Metric analysis — Coverage pieces (Zacks, Chron) compare key metrics to estimates and prior-year figures; they largely confirm the beat but flag items investors should monitor (efficiency, reserve trends). Zacks Analysis

Wintrust Financial Company Profile

Wintrust Financial Corporation is a Chicago‐area bank holding company headquartered in Rosemont, Illinois. Through its primary subsidiary, Wintrust Bank, the company operates a network of community banks serving metropolitan Chicago and select markets in southeastern Wisconsin. These locally branded banks provide personalized commercial and consumer banking solutions tailored to small and mid‐size businesses, professionals, and individual clients.

The firm’s core offerings include deposit products, commercial and residential lending, treasury management, and mortgage banking services.