Zacks Research Predicts Increased Earnings for BankUnited

BankUnited, Inc. (NYSE:BKU) – Equities researchers at Zacks Research lifted their FY2026 EPS estimates for shares of BankUnited in a research note issued on Tuesday, June 23rd. Zacks Research analyst Team now forecasts that the financial services provider will earn $4.28 per share for the year, up from their prior forecast of $4.26. Zacks Research has a “Hold” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $4.16 per share.

Several other equities research analysts have also recently commented 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 report on Thursday, April 23rd. Wells Fargo & Company increased their price target on BankUnited from $50.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, March 30th. Barclays lowered their price target on BankUnited from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 7th. Cantor Fitzgerald boosted their price objective on BankUnited from $51.00 to $56.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Finally, Raymond James Financial restated an “outperform” rating on shares of BankUnited in a report on Wednesday, April 22nd. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $53.27.

BankUnited Trading Up 1.4%

BankUnited stock opened at $49.20 on Wednesday. BankUnited has a 12-month low of $34.50 and a 12-month high of $52.11. 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 $3.58 billion, a PE ratio of 13.70 and a beta of 1.17. The firm has a 50 day simple moving average of $46.91 and a 200-day simple moving average of $46.54.

BankUnited (NYSE:BKU) last released its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.14). The company 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 firm posted $0.78 earnings per share.

Institutional Investors Weigh In On BankUnited

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. grew its stake in BankUnited by 21.0% during the fourth quarter. Hantz Financial Services Inc. now owns 1,472 shares of the financial services provider’s stock worth $66,000 after buying an additional 255 shares during the last quarter. Covestor Ltd raised its stake in shares of BankUnited by 20.9% in the fourth quarter. Covestor Ltd now owns 1,673 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 289 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of BankUnited by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 17,213 shares of the financial services provider’s stock valued at $767,000 after acquiring an additional 300 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of BankUnited by 24.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,810 shares of the financial services provider’s stock worth $81,000 after acquiring an additional 358 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of BankUnited by 2.4% in the 3rd quarter. Mackenzie Financial Corp now owns 19,550 shares of the financial services provider’s stock worth $746,000 after acquiring an additional 455 shares in the last quarter. 99.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity at BankUnited

In other BankUnited news, Director John N. Digiacomo sold 1,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $45.97, for a total value of $45,970.00. Following the transaction, the director owned 15,027 shares of the company’s stock, valued at approximately $690,791.19. This represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jay D. Richards sold 4,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $48.67, for a total value of $194,680.00. Following the sale, the insider owned 40,502 shares of the company’s stock, valued at $1,971,232.34. This trade represents a 8.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

BankUnited Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Friday, April 10th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.7%. This is a positive change from BankUnited’s previous quarterly dividend of $0.31. The ex-dividend date was Friday, April 10th. BankUnited’s dividend payout ratio (DPR) is presently 36.77%.

About BankUnited

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.