BankUnited, Inc. (NYSE:BKU – Free Report) – Investment analysts at Zacks Research cut their Q1 2027 EPS estimates for shares of BankUnited in a report issued on Monday, July 20th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $1.12 per share for the quarter, down from their previous estimate of $1.25. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $4.16 per share. Zacks Research also issued estimates for BankUnited’s Q2 2027 earnings at $1.12 EPS, Q3 2027 earnings at $1.17 EPS, Q4 2027 earnings at $1.28 EPS, FY2027 earnings at $4.68 EPS, Q1 2028 earnings at $1.33 EPS and Q2 2028 earnings at $1.36 EPS.
A number of other equities research analysts have also issued reports on BKU. Hovde Group dropped their target price on BankUnited from $57.00 to $53.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Keefe, Bruyette & Woods reduced their price target on BankUnited from $55.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings raised shares of BankUnited from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Raymond James Financial reiterated an “outperform” rating on shares of BankUnited in a report on Wednesday, April 22nd. Finally, Wall Street Zen lowered shares of BankUnited from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $52.73.
BankUnited Stock Down 1.6%
BKU stock opened at $48.09 on Tuesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $3.49 billion, a P/E ratio of 13.39 and a beta of 1.17. BankUnited has a fifty-two week low of $34.79 and a fifty-two week high of $52.11. The business has a 50-day moving average of $47.59 and a 200-day moving average of $47.00.
BankUnited (NYSE:BKU – Get Free Report) last released its earnings results on Wednesday, April 22nd. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). The firm had revenue of $273.69 million for the quarter, compared to the consensus estimate of $284.57 million. BankUnited had a return on equity of 9.11% and a net margin of 14.46%.During the same quarter last year, the company posted $0.78 EPS.
BankUnited Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 10th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.32 annualized dividend and a dividend yield of 2.7%. BankUnited’s payout ratio is 36.77%.
Insider Buying and Selling
In related news, Director John N. Digiacomo sold 1,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $45.97, for a total value of $45,970.00. Following the completion of the transaction, the director directly owned 15,027 shares of the company’s stock, valued at approximately $690,791.19. This trade represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jay D. Richards sold 4,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $48.67, for a total transaction of $194,680.00. Following the transaction, the insider owned 40,502 shares in the company, valued at approximately $1,971,232.34. The trade was a 8.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.00% of the company’s stock.
Institutional Trading of BankUnited
A number of large investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL acquired a new position in shares of BankUnited during the 3rd quarter worth about $7,599,000. Artemis Investment Management LLP acquired a new stake in BankUnited in the 4th quarter valued at about $73,655,000. Horizon Investments LLC acquired a new stake in BankUnited in the 4th quarter valued at about $1,858,000. BW Gestao de Investimentos Ltda. bought a new position in BankUnited during the fourth quarter worth about $7,800,000. Finally, Burney Co. bought a new position in BankUnited during the first quarter worth about $1,026,000. Institutional investors and hedge funds own 99.70% of the company’s stock.
BankUnited Company Profile
BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.
The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.
Featured Stories
- Five stocks we like better than BankUnited
- The Ugliest Stocks in the Market Just Got a Very Expensive Vote of Confidence
- Is Domino’s Stock Serving Up a Buying Opportunity?
- A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free
- Why Gold Miners Could Be the Market’s Biggest Comeback Story
Receive News & Ratings for BankUnited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BankUnited and related companies with MarketBeat.com's FREE daily email newsletter.
