Wintrust Financial Corp. (NASDAQ: WTFC) is 2.75% higher on its value in year-to-date trading and has touched a low of $58.12 and a high of $105.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WTFC stock was last observed hovering at around $94.96 in the last trading session, with the day’s gains setting it 0.34%.
Currently trading at $95.30, the stock is -4.50% and -2.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 0.36% at the moment leaves the stock 9.93% off its SMA200. WTFC registered 32.82% gain for a year compared to 6-month gain of 24.87%.
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The stock witnessed a -2.87% loss in the last 1 month and extending the period to 3 months gives it a -0.37%, and is -2.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.35% over the week and 2.04% over the month.
Wintrust Financial Corp. (WTFC) has around 5521 employees, a market worth around $5.88B and $3.76B in sales. Current P/E ratio is 9.86 and Fwd P/E is 9.39. Profit margin for the company is 16.00%. Distance from 52-week low is 63.97% and -9.49% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
The EPS is expected to grow by 5.62% this year
The shares outstanding are 61.24M, and float is at 60.78M with Short Float at 3.07%.
Wintrust Financial Corp. (WTFC) Insider Activity
The most recent transaction is an insider sale by WEHMER EDWARD J, the company’s FOUNDER AND EXECUTIVE CHAIR. SEC filings show that WEHMER EDWARD J sold 9,500 shares of the company’s common stock on Mar 05 ’24 at a price of $99.36 per share for a total of $0.94 million. Following the sale, the insider now owns 0.18 million shares.
Wintrust Financial Corp. disclosed in a document filed with the SEC on Feb 29 ’24 that DYKSTRA DAVID A (VICE CHAIRMAN AND COO) sold a total of 9,870 shares of the company’s common stock. The trade occurred on Feb 29 ’24 and was made at $96.06 per share for $0.95 million. Following the transaction, the insider now directly holds 0.21 million shares of the WTFC stock.
Still, SEC filings show that on Feb 29 ’24, STOEHR DAVID L (CHIEF FINANCIAL OFFICER) disposed off 5,322 shares at an average price of $96.16 for $0.51 million. The insider now directly holds 16,481 shares of Wintrust Financial Corp. (WTFC).
