Wedbush Analysts Cut Earnings Estimates for Wintrust Financial Co. (NASDAQ:WTFC)

Wintrust Financial Co. (NASDAQ:WTFC) – Wedbush lowered their FY2026 earnings estimates for Wintrust Financial in a report issued on Wednesday, October 9th. Wedbush analyst D. Chiaverini now forecasts that the bank will earn $10.20 per share for the year, down from their previous estimate of $10.30. Wedbush currently has a “Outperform” rating and a $130.00 target price on the stock. The consensus estimate for Wintrust Financial’s current full-year earnings is $10.08 per share.

Several other brokerages also recently weighed in on WTFC. Jefferies Financial Group decreased their price target on Wintrust Financial from $118.00 to $116.00 and set a “buy” rating for the company in a report on Wednesday, July 3rd. Hovde Group reaffirmed a “market perform” rating and set a $100.00 price target on shares of Wintrust Financial in a report on Friday, June 21st. DA Davidson raised their target price on Wintrust Financial from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, July 19th. Truist Financial raised their target price on Wintrust Financial from $118.00 to $123.00 and gave the company a “buy” rating in a report on Friday, September 20th. Finally, Royal Bank of Canada raised their target price on Wintrust Financial from $116.00 to $117.00 and gave the company an “outperform” rating in a report on Tuesday, July 9th. Three equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.23.

Wintrust Financial Stock Performance

Shares of WTFC opened at $106.87 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.85. The firm has a market cap of $6.60 billion, a PE ratio of 11.05 and a beta of 1.16. The company’s 50 day simple moving average is $104.29 and its 200-day simple moving average is $101.42. Wintrust Financial has a 12-month low of $71.86 and a 12-month high of $113.68.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Wednesday, July 17th. The bank reported $2.32 earnings per share for the quarter, missing analysts’ consensus estimates of $2.42 by ($0.10). The firm had revenue of $591.76 million for the quarter, compared to analysts’ expectations of $587.33 million. Wintrust Financial had a return on equity of 12.71% and a net margin of 17.02%. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.38 earnings per share.

Wintrust Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Thursday, August 8th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend was Thursday, August 8th. Wintrust Financial’s dividend payout ratio is 18.61%.

Institutional Investors Weigh In On Wintrust Financial

Several hedge funds have recently modified their holdings of the stock. Concord Wealth Partners acquired a new stake in Wintrust Financial during the 1st quarter worth about $26,000. Opal Wealth Advisors LLC acquired a new stake in Wintrust Financial during the 1st quarter worth about $27,000. Versant Capital Management Inc boosted its position in Wintrust Financial by 825.0% during the 2nd quarter. Versant Capital Management Inc now owns 296 shares of the bank’s stock worth $29,000 after acquiring an additional 264 shares during the period. DHJJ Financial Advisors Ltd. boosted its position in Wintrust Financial by 70.0% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 488 shares of the bank’s stock worth $51,000 after acquiring an additional 201 shares during the period. Finally, UMB Bank n.a. boosted its position in Wintrust Financial by 62.0% during the 3rd quarter. UMB Bank n.a. now owns 512 shares of the bank’s stock worth $56,000 after acquiring an additional 196 shares during the period. 93.48% of the stock is owned by hedge funds and other institutional investors.

About Wintrust Financial

Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services.