Wintrust Financial Corp (NASDAQ: WTFC) is 2.85% higher on its value in year-to-date trading and has touched a low of $89.68 and a high of $142.04 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 $127.58 in the last trading session, with the day’s gains setting it 0.68%.
Currently trading at $128.26, the stock is 0.64% and -0.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.48 million and changing 0.53% at the moment leaves the stock 17.70% off its SMA200. WTFC registered 37.18% gain for a year compared to 6-month gain of 28.06%. The firm has a 50-day simple moving average (SMA 50) of $128.8224 and a 200-day simple moving average (SMA200) of $108.9706.
The stock witnessed a -6.21% loss in the last 1 month and extending the period to 3 months gives it a 21.61%, and is 2.85% up 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 3.38% over the week and 2.61% over the month.
Wintrust Financial Corp (WTFC) has around 5521 employees, a market worth around $8.53B and $4.04B in sales. Current P/E ratio is 13.44 and Fwd P/E is 12.53. Profit margin for the company is 14.98%. Distance from 52-week low is 43.02% and -9.70% from its 52-week high. The company has generated returns on investments over the last 12 months (5.62%).
The EPS is expected to grow by 5.68% this year
535.0 institutions hold shares in Wintrust Financial Corp (WTFC), with institutional investors hold 94.56% of the company’s shares. The shares outstanding are 66.48M, and float is at 65.39M with Short Float at 1.46%. Institutions hold 93.20% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.48 million shares valued at $638.46 million. The investor’s holdings represent 10.5363 of the WTFC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 5.72 million shares valued at $563.47 million to account for 9.2988 of the shares outstanding. The other top investors are FMR LLC which holds 4.52 million shares representing 7.3469 and valued at over $445.19 million, while DIMENSIONAL FUND ADVISORS LP holds 4.9077 of the shares totaling 3.02 million with a market value of $297.38 million.
Wintrust Financial Corp (WTFC) Insider Activity
The most recent transaction is an insider sale by Hahnfeld Jeffrey D, the company’s EVP-CONTROLLER & CHIEF ACC OFF. SEC filings show that Hahnfeld Jeffrey D sold 327 shares of the company’s common stock on Nov 25 ’24 at a price of $140.20 per share for a total of $45845.0. Following the sale, the insider now owns 1540.0 shares.
Wintrust Financial Corp disclosed in a document filed with the SEC on Nov 26 ’24 that Hahnfeld Jeffrey D (EVP-CONTROLLER & CHIEF ACC OFF) sold a total of 158 shares of the company’s common stock. The trade occurred on Nov 26 ’24 and was made at $138.28 per share for $21848.0. Following the transaction, the insider now directly holds 1382.0 shares of the WTFC stock.
Still, SEC filings show that on Nov 25 ’24, Jeffrey D. Hahnfeld (EVP) Proposed Sale 327 shares at an average price of $140.20 for $45845.0. The insider now directly holds shares of Wintrust Financial Corp (WTFC).
