Worth Watching Stock for Traders: Wintrust Financial Corporation (Nasdaq: WTFC)

Wintrust Financial Corporation (Nasdaq: WTFC) stock identified change of 16.59% away from 52-week low price and recently located move of -22.49% off 52-week high price. It has market worth of $4055.39M and dividend yield of 1.39%. WTFC stock has been recorded 1.03% away from 50 day moving average and -1.56% away from 200 day moving average. Moving closer, we can see that shares have been trading 2.23% off 20-day moving average.

On July 25, 2019, Wintrust Financial Corporation (Nasdaq: WTFC) announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.25 per share of outstanding common stock. The dividend is payable on August 22, 2019 to shareholders of record as of August 8, 2019.

 

Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D. The dividend is payable on October 15, 2019 to shareholders of record as of October 1, 2019.

About Wintrust

Wintrust is a financial holding company with assets of over $33 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the HAVE IT ALL model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries, with over 160 banking locations located in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including business units which provide commercial and life insurance premium financing in the United States, a premium finance company operating in Canada, a company providing short-term accounts receivable financing and value-added out-sourced administrative services to the temporary staffing services industry, a business unit engaging primarily in the origination and purchase of residential mortgages for sale into the secondary market throughout the United States, and companies providing wealth management services and qualified intermediary services for tax-deferred exchanges.

 

The Financial sector company, Wintrust Financial Corporation noticed change of 1.70% to $71.74 along volume of 546001 shares in recent session compared to an average volume of 435.24K. The stock observed return of 7.43% in 5 days trading activity. The stock was at 0.35% over one month performance. WTFC’s shares are at -6.30% for the quarter and driving a -18.78% return over the course of the past year and is now at 7.90% since this point in 2018.

The average volatility for the week at 2.84% and for month was at 2.39%. There are 56.53M shares outstanding and 55.97M shares are floated in market. Right now the stock beta is 1.03.

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