KBW Believes WTFC Won’t Stop Here

By Jason Carr

Wintrust Financial Corp. (NASDAQ: WTFC) received a Buy rating from KBW analyst Christopher Mcgratty today. The company’s shares closed yesterday at $64.64, close to its 52-week high of $66.28.

According to TipRanks.com, Mcgratty is a 4-star analyst with an average return of 12.2% and a 73.0% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Enterprise Financial Services Corp., Old National Bancorp Capital, and Mainsource Financial Group.

Wintrust Financial Corp. has an analyst consensus of Moderate Buy, with a price target consensus of $54.

Wintrust Financial Corp.’s market cap is currently $3.34B and has a P/E ratio of 19.24. The company has a book value ratio of 1.3795.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2015, Edward Wehmer, the President of WTFC sold 13,424 shares for a total of $721,808.

Wintrust Financial Corp. operates as a bank holding company, which engages in the provision of banking and financial services. It operates through the following segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers personal and commercial banking services such as equities, consumer and mortgage loans, safe deposits, savings and checking accounts, and automated teller machines. The Specialty Finance segment includes commercial and life insurance premiums. The Wealth Management segment provides services in asset brokerage, trust and investment, and asset management. The company was founded by Edward J. Wehmer on December 30, 1992 and is headquartered in Rosemont, IL.