
BankUnited, Inc. (NYSE:BKU – Free Report) – Investment analysts at Zacks Research raised their FY2026 earnings estimates for shares of BankUnited in a research report issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $4.03 for the year, up from their previous estimate of $4.02. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $4.01 per share.
A number of other research firms have also weighed in on BKU. Keefe, Bruyette & Woods decreased their target price on BankUnited from $51.00 to $49.00 and set a “market perform” rating on the stock in a report on Monday, August 3rd. Citigroup cut their price target on BankUnited from $45.00 to $42.00 and set a “sell” rating for the company in a report on Friday, July 24th. Barclays reduced their price objective on shares of BankUnited from $50.00 to $48.00 and set an “equal weight” rating for the company in a research report on Monday, August 3rd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $56.00 price objective on shares of BankUnited in a report on Wednesday, July 15th. Finally, Wall Street Zen raised shares of BankUnited from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, BankUnited currently has a consensus rating of “Hold” and an average target price of $51.64.
BankUnited Price Performance
NYSE:BKU opened at $46.39 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average price is $47.68 and its two-hundred day moving average price is $47.02. The firm has a market capitalization of $3.30 billion, a price-to-earnings ratio of 12.71 and a beta of 1.18. BankUnited has a 12-month low of $35.10 and a 12-month high of $52.11.
BankUnited (NYSE:BKU – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.03). The business had revenue of $284.57 million for the quarter, compared to the consensus estimate of $290.33 million. BankUnited had a return on equity of 9.13% and a net margin of 14.76%.The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS.
BankUnited Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 10th were paid a dividend of $0.33 per share. The ex-dividend date was Friday, July 10th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.8%. BankUnited’s dividend payout ratio (DPR) is 36.16%.
Insider Transactions at BankUnited
In other BankUnited news, insider Jay D. Richards sold 4,000 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $48.67, for a total value of $194,680.00. Following the transaction, the insider directly owned 40,502 shares of the company’s stock, valued at $1,971,232.34. This represents a 8.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Douglas J. Pauls sold 3,000 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $47.90, for a total value of $143,700.00. Following the transaction, the director owned 42,472 shares in the company, valued at $2,034,408.80. The trade was a 6.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 8,000 shares of company stock worth $384,350. Company insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On BankUnited
Several institutional investors and hedge funds have recently modified their holdings of BKU. BlackRock Inc. acquired a new stake in BankUnited in the 2nd quarter worth about $518,492,000. Dimensional Fund Advisors LP grew its position in shares of BankUnited by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,658,844 shares of the financial services provider’s stock worth $210,390,000 after purchasing an additional 26,292 shares in the last quarter. State Street Corp increased its holdings in shares of BankUnited by 3.5% during the fourth quarter. State Street Corp now owns 4,437,792 shares of the financial services provider’s stock worth $197,792,000 after purchasing an additional 149,450 shares during the period. California State Teachers Retirement System increased its holdings in shares of BankUnited by 4,612.2% during the second quarter. California State Teachers Retirement System now owns 4,378,911 shares of the financial services provider’s stock worth $212,158,000 after purchasing an additional 4,285,984 shares during the period. Finally, HoldCo Asset Management LP raised its position in shares of BankUnited by 277.3% in the fourth quarter. HoldCo Asset Management LP now owns 3,535,282 shares of the financial services provider’s stock valued at $157,568,000 after buying an additional 2,598,382 shares in the last quarter. 99.70% of the stock is currently owned by institutional investors and hedge funds.
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.
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