
BankUnited, Inc. (NYSE:BKU – Free Report) – Research analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for BankUnited in a note issued to investors on Thursday, August 20th. Zacks Research analyst Team now expects that the financial services provider will earn $4.03 per share for the year, up from their prior estimate of $4.02. Zacks Research currently 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 equities analysts also recently commented on the stock. Citigroup reduced their price objective on shares of BankUnited from $45.00 to $42.00 and set a “sell” rating for the company in a report on Friday, July 24th. Royal Bank Of Canada lowered their target price on shares of BankUnited from $53.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 23rd. Barclays dropped their price target 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. Jefferies Financial Group restated a “buy” rating on shares of BankUnited in a research note on Wednesday, July 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $56.00 price objective on shares of BankUnited in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $51.64.
BankUnited Trading Down 0.0%
Shares of BankUnited stock opened at $46.31 on Monday. The firm has a market capitalization of $3.30 billion, a PE ratio of 12.69 and a beta of 1.18. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.82 and a quick ratio of 0.82. The company’s fifty day moving average price is $47.71 and its two-hundred day moving average price is $47.04. BankUnited has a 52-week low of $35.10 and a 52-week high of $52.11.
BankUnited (NYSE:BKU – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). BankUnited had a return on equity of 9.13% and a net margin of 14.76%.The firm had revenue of $284.57 million during the quarter, compared to the consensus estimate of $290.33 million. During the same period last year, the business earned $0.91 earnings per share. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year.
Institutional Investors Weigh In On BankUnited
A number of large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in BankUnited during the 2nd quarter valued at $518,492,000. California State Teachers Retirement System boosted its stake in BankUnited by 4,612.2% in 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 in the last quarter. HoldCo Asset Management LP boosted its stake in 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 worth $157,568,000 after purchasing an additional 2,598,382 shares in the last quarter. Artemis Investment Management LLP bought a new stake in shares of BankUnited during the fourth quarter worth $73,655,000. Finally, Millennium Management LLC grew its holdings in shares of BankUnited by 1,066.9% during the fourth quarter. Millennium Management LLC now owns 1,399,655 shares of the financial services provider’s stock worth $62,383,000 after purchasing an additional 1,279,712 shares during the last quarter. 99.70% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other BankUnited news, Director John N. Digiacomo sold 1,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $45.97, for a total value of $45,970.00. Following the transaction, the director directly owned 15,027 shares in the company, valued at $690,791.19. The trade was a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jay D. Richards sold 4,000 shares of the firm’s stock in a transaction that occurred 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 sale, the insider directly owned 40,502 shares of the company’s stock, valued at approximately $1,971,232.34. The trade was a 8.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 8,000 shares of company stock worth $384,350 in the last quarter. 1.00% of the stock is owned by corporate insiders.
BankUnited Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 10th were issued a $0.33 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.32 annualized dividend and a dividend yield of 2.9%. BankUnited’s dividend payout ratio is presently 36.16%.
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.
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