The closing price of Wintrust Financial Corporation (NASDAQ: WTFC) was $71.38 for the day, down -4.79% from the previous closing price of $74.97. In other words, the price has decreased by -$3.59 from its previous closing price. On the day, 1245150 shares were traded. WTFC stock price reached its highest trading level at $73.46 during the session, while it also had its lowest trading level at $69.56.
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Our analysis of WTFC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.67. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 13 when HACKETT H PATRICK JR bought 7,100 shares for $73.31 per share. The transaction valued at 520,501 led to the insider holds 47,173 shares of the business.
STOEHR DAVID L sold 3,297 shares of WTFC for $299,532 on Mar 03. The CHIEF FINANCIAL OFFICER now owns 14,728 shares after completing the transaction at $90.85 per share. On Feb 16, another insider, KENNEY BRIAN A, who serves as the Director of the company, bought 6,600 shares for $92.23 each. As a result, the insider paid 608,718 and bolstered with 6,600 shares of the company.
As of this moment, Wintrust’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.93, and their Forward P/E ratio for the next fiscal year is 6.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.55 while its Price-to-Book (P/B) ratio in mrq is 0.99.
Stock Price History:
Over the past 52 weeks, WTFC has reached a high of $98.54, while it has fallen to a 52-week low of $57.48. The 50-Day Moving Average of the stock is 88.55, while the 200-Day Moving Average is calculated to be 86.69.
WTFC traded an average of 492.78K shares per day over the past three months and 923.23k shares per day over the past ten days. A total of 60.78M shares are outstanding, with a floating share count of 59.96M. Insiders hold about 1.10% of the company’s shares, while institutions hold 92.70% stake in the company. Shares short for WTFC as of Jan 12, 2023 were 994.15k with a Short Ratio of 1.15M, compared to 1.14M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.64% and a Short% of Float of 1.65%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.15, WTFC has a forward annual dividend rate of 1.60. Against a Trailing Annual Dividend Yield of 1.53%, it implies a Forward Annual Dividend Yield of 1.69%. The stock’s 5-year Average Dividend Yield is 1.50. The current Payout Ratio is 16.80% for WTFC, which recently paid a dividend on Feb 22, 2023 with an ex-dividend date of Feb 07, 2023. Stock splits for the company last occurred on Mar 14, 2002 when the company split stock in a 3:2 ratio.
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $2.6 for the current quarter, with a high estimate of $2.79 and a low estimate of $2.4, while EPS last year was $2.07. The consensus estimate for the next quarter is $2.71, with high estimates of $2.82 and low estimates of $2.45.
Analysts are recommending an EPS of between $11.3 and $9.7 for the fiscal current year, implying an average EPS of $10.77. EPS for the following year is $10.82, with 11 analysts recommending between $11.8 and $9.9.
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $587.8M to a low estimate of $557.8M. As of the current estimate, Wintrust Financial Corporation’s year-ago sales were $462.08M, an estimated increase of 24.30% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $593.86M, an increase of 34.70% over than the figure of $24.30% in the same quarter last year. There is a high estimate of $603.49M for the next quarter, whereas the lowest estimate is $572.2M.
A total of 10 analysts have provided revenue estimates for WTFC’s current fiscal year. The highest revenue estimate was $2.41B, while the lowest revenue estimate was $2.29B, resulting in an average revenue estimate of $2.37B. In the same quarter a year ago, actual revenue was $1.96B, up 21.30% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $2.45B in the next fiscal year. The high estimate is $2.5B and the low estimate is $2.37B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.