Q3 Earnings Estimate for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Zacks Research lowered their Q3 2027 EPS estimates for shares of BankUnited in a note issued to investors on Tuesday, March 17th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.07 for the quarter, down from their previous forecast of $1.08. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited’s FY2027 earnings at $4.29 EPS.

BankUnited (NYSE:BKU) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The firm had revenue of $260.80 million during the quarter, compared to analysts’ expectations of $279.76 million. BankUnited had a net margin of 14.14% and a return on equity of 9.09%. During the same period in the prior year, the company posted $0.91 EPS.

Other research analysts have also issued reports about the company. Hovde Group reaffirmed an “outperform” rating and set a $51.00 target price on shares of BankUnited in a research report on Monday, December 8th. Keefe, Bruyette & Woods upped their price target on BankUnited from $42.00 to $55.00 and gave the company a “market perform” rating in a research report on Thursday, January 22nd. Piper Sandler increased their price target on BankUnited from $42.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. Susquehanna upgraded BankUnited to a “positive” rating in a research report on Wednesday, January 21st. Finally, Barclays lifted their price objective on BankUnited from $47.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $53.55.

BankUnited Price Performance

Shares of NYSE:BKU opened at $43.35 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.82 and a current ratio of 0.82. BankUnited has a 52 week low of $28.21 and a 52 week high of $52.11. The firm has a market cap of $3.19 billion, a PE ratio of 12.25 and a beta of 1.29. The firm’s fifty day moving average is $47.21 and its 200-day moving average is $43.19.

BankUnited Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 9th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, January 9th. BankUnited’s dividend payout ratio (DPR) is presently 35.03%.

Insider Activity

In other BankUnited news, insider Jay D. Richards sold 3,506 shares of the stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $49.83, for a total value of $174,703.98. Following the transaction, the insider owned 35,687 shares in the company, valued at approximately $1,778,283.21. This represents a 8.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sanjiv Sobti sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $50.88, for a total value of $254,400.00. Following the completion of the sale, the director directly owned 18,816 shares of the company’s stock, valued at $957,358.08. This trade represents a 20.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,953 shares of company stock worth $591,492 in the last three months. Company insiders own 1.15% of the company’s stock.

Hedge Funds Weigh In On BankUnited

A number of large investors have recently modified their holdings of BKU. Strs Ohio bought a new stake in BankUnited during the 1st quarter valued at $28,000. Eurizon Capital SGR S.p.A. acquired a new position in BankUnited during the fourth quarter worth $30,000. Salomon & Ludwin LLC bought a new position in shares of BankUnited in the third quarter valued at $34,000. Kestra Advisory Services LLC bought a new position in shares of BankUnited in the fourth quarter valued at $35,000. Finally, Quarry LP grew its holdings in shares of BankUnited by 158.2% during the third quarter. Quarry LP now owns 940 shares of the financial services provider’s stock valued at $36,000 after buying an additional 576 shares during the last quarter. 99.70% of the stock is currently owned by institutional investors.

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.