Alert: New Earnings Report (10/21/24)-Wintrust Financial Corp. (NASDAQ: WTFC).

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Wintrust Financial Corp. (NASDAQ: WTFC) has reported earnings for its third fiscal quarter (ending September 30) of $2.51 versus $2.57 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $9.69 versus $10.09 for the same period a year ago.

Recent Price Action

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Wintrust Financial Corp. (NASDAQ: WTFC) stock closed at $112.29 on 10/21/24 after a decline of -2.7%. Moreover, unusually high trading volume at 185% of normal accompanied the decline. The stock has risen 1.2% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, WTFC is expected to continue to be a Value Builder.

Wintrust Financial has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Wintrust Financial has a slightly positive Power Rating of 68 and a good Appreciation Score of 80, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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