BankUnited (NYSE:BKU) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.24, Bloomberg Earnings reports. BankUnited had a net margin of 19.82% and a return on equity of 10.23%. During the same period in the previous year, the business earned $0.59 EPS.

Shares of BankUnited (NYSE BKU) opened at $43.25 on Tuesday. The firm has a market cap of $4,620.00, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.59 and a beta of 1.09. BankUnited has a one year low of $30.37 and a one year high of $43.39. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.96 and a current ratio of 0.96.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, January 12th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.94%. BankUnited’s payout ratio is presently 35.29%.

A number of research analysts recently issued reports on BKU shares. ValuEngine raised shares of BankUnited from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Morgan Stanley reissued an “overweight” rating and issued a $46.00 price objective on shares of BankUnited in a research note on Wednesday, December 13th. JPMorgan Chase & Co. cut shares of BankUnited from a “neutral” rating to an “underweight” rating and set a $35.00 price objective on the stock. in a research note on Wednesday, November 1st. Wells Fargo & Co reissued an “outperform” rating and issued a $50.00 price objective (up from $42.00) on shares of BankUnited in a research note on Tuesday, January 9th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and issued a $42.00 price objective on shares of BankUnited in a research note on Thursday, December 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $42.91.

In other BankUnited news, insider Mark Bagnoli sold 1,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $35.88, for a total transaction of $35,880.00. Following the sale, the insider now owns 19,699 shares of the company’s stock, valued at $706,800.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.90% of the company’s stock.

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BankUnited Company Profile

BankUnited, Inc is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.

Earnings History for BankUnited (NYSE:BKU)

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