RBC Capital analyst Jon Arfstrom maintained a Buy rating on Wintrust Financial (NASDAQ:WTFC) Corp on Monday, setting a price target of $81, which is approximately 9.24% above the present share price of $74.15.
Arfstrom expects Wintrust Financial Corp to post earnings per share (EPS) of $2.57 for the third quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Wintrust Financial, with an average price target of $87.
The analysts price targets range from a high of $96 to a low of $77.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $446.11 million and a net profit of $0. The company's market cap is $4.23 billion.
According to TipRanks.com, RBC Capital analyst Jon Arfstrom is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.1% and a 66.53% success rate.
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 provides community-oriented, personal and commercial banking services to customers located in its market area. The Specialty Finance segment offers financing of insurance premiums for businesses and individuals; accounts receivable financing, value-added, out-sourced administrative services; and other specialty finance businesses. The Wealth Management segment offers wealth management services through Wintrust Investments, CTC, Great Lakes Advisors and CDEC; trust and investment services, tax-deferred like-kind exchange services, asset management, securities brokerage services and 401(k) and retirement plan services. The company was founded by Edward Joseph Wehmer on December 30, 1992 and is headquartered in Rosemont, IL.