Should I buy or sell Itaú Unibanco stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ITUB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ITUB, but not buy additional shares or sell existing shares. View ITUB analyst ratings or view top-rated stocks .

What is Itaú Unibanco's stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Itaú Unibanco's stock. Their ITUB share price targets range from $6.10 to $8.00. On average, they anticipate the company's share price to reach $7.05 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View analysts price targets for ITUB or view top-rated stocks among Wall Street analysts .

How have ITUB shares performed in 2024?

Itaú Unibanco's stock was trading at $6.95 on January 1st, 2024. Since then, ITUB shares have decreased by 13.2% and is now trading at $6.03. View the best growth stocks for 2024 here .

Are investors shorting Itaú Unibanco?

Itaú Unibanco saw a drop in short interest in March. As of March 31st, there was short interest totaling 20,820,000 shares, a drop of 28.0% from the March 15th total of 28,900,000 shares. Based on an average daily trading volume, of 16,690,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the company are sold short. View Itaú Unibanco's Short Interest .

When is Itaú Unibanco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our ITUB earnings forecast .

How were Itaú Unibanco's earnings last quarter?

Itaú Unibanco Holding S.A. (NYSE:ITUB) released its quarterly earnings data on Monday, February, 5th. The bank reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. The bank had revenue of $7.75 billion for the quarter, compared to analysts' expectations of $8.05 billion. Itaú Unibanco had a net margin of 10.48% and a trailing twelve-month return on equity of 17.76%.

How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco?

Itaú Unibanco declared a monthly dividend on Wednesday, April 3rd. Investors of record on Friday, May 3rd will be given a dividend of $0.003 per share on Monday, June 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Thursday, May 2nd. Read our dividend analysis for ITUB .

Is Itaú Unibanco a good dividend stock?

Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.61%. The dividend payout ratio is 5.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 4.55% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ITUB .

What ETFs hold Itaú Unibanco's stock?

ETFs with the largest weight of Itaú Unibanco (NYSE:ITUB) stock in their portfolio include iShares Latin America 40 ETF (ILF) , SPDR Portfolio Emerging Markets ETF (SPEM) and Avantis Responsible Emerging Markets Equity ETF (AVSE) . Avantis Emerging Markets Equity ETF (AVEM) .

What is Roberto Egydio Setubal's approval rating as Itaú Unibanco's CEO?

195 employees have rated Itaú Unibanco Chief Executive Officer Roberto Egydio Setubal on Glassdoor.com . Roberto Egydio Setubal has an approval rating of 98% among the company's employees. This puts Roberto Egydio Setubal in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Itaú Unibanco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Unibanco investors own include Bank of America (BAC) , Coty (COTY) , Petróleo Brasileiro S.A. - Petrobras (PBR) , Exxon Mobil (XOM) , Intel (INTC) , Pfizer (PFE) , AT&T (T) , Bristol-Myers Squibb (BMY) , Ford Motor (F) and Cisco Systems (CSCO) .

Who are Itaú Unibanco's major shareholders?

Itaú Unibanco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.00%), Quattro Financial Advisors LLC (0.00%), Symmetry Partners LLC (0.00%), Atlas Capital Advisors LLC (0.00%), Gateway Investment Advisers LLC (0.00%) and Harbour Capital Advisors LLC (0.00%).

How do I buy shares of Itaú Unibanco?

Shares of ITUB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:ITUB

Itaú Unibanco (ITUB) Stock Price, News & Analysis

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Free ITUB Stock Alerts

$6.03

-0.02 (-0.33%)

(As of 04/18/2024 ET)

Compare

Today's Range: $5.95
▼
$6.12
50-Day Range: $6.00
▼
$7.23
52-Week Range: $4.85
▼
$7.27

Volume: 18.21 million shs
Average Volume: 17.21 million shs
Market Capitalization: N/A

P/E Ratio: 8.87
Dividend Yield: 0.66%
Price Target: $7.05

Get Itaú Unibanco alerts:

Itaú Unibanco MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 16.9% Upside
$7.05 Price Target
Short Interest: Healthy
0.43% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.17
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 7.32%
From $0.82 to $0.88 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.25 out of 5 stars

2.1

Analyst's Opinion

Consensus Rating
Itaú Unibanco has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Itaú Unibanco has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.43% of the float of Itaú Unibanco has been sold short.
Short Interest Ratio / Days to Cover
Itaú Unibanco has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Itaú Unibanco has recently decreased by 27.96%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Itaú Unibanco has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Itaú Unibanco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Itaú Unibanco is 5.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Itaú Unibanco will have a dividend payout ratio of 4.55% next year. This indicates that Itaú Unibanco will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ITUB.

1.6

News and Social Media Coverage

News Sentiment
Itaú Unibanco has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Itaú Unibanco this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for ITUB on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
4 people have added Itaú Unibanco to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Itaú Unibanco insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.61% of the stock of Itaú Unibanco is held by insiders.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Itaú Unibanco are expected to grow by 7.32% in the coming year, from $0.82 to $0.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Itaú Unibanco is 8.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Itaú Unibanco is 8.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.84.
Price to Earnings Growth Ratio
Itaú Unibanco has a PEG Ratio of 0.76. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Itaú Unibanco has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Itaú Unibanco Stock (NYSE:ITUB)

Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. operates as a subsidiary of IUPAR - Itaú Unibanco Participações S.A.

ITUB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ITUB Stock News Headlines

April 18, 2024 | finance.yahoo.com

Itaú Unibanco Holding S.A. (ITUB)

April 17, 2024 | nasdaq.com

ITUB Makes Notable Cross Below Critical Moving Average

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 17, 2024 | nasdaq.com

Itau Unibanco Holding Becomes Oversold

February 10, 2024 | seekingalpha.com

Itaú Unibanco's Q4 Earnings: Consistent Quarter And Constructive Guidance

February 7, 2024 | finance.yahoo.com

Itaú Unibanco Holding S.A. (NYSE:ITUB) Q4 2023 Earnings Call Transcript

February 6, 2024 | msn.com

Itaú Unibanco (ITUB4): Balanço sólido e dividendo bilionário agradam analistas

February 6, 2024 | finance.yahoo.com

Itau Unibanco (ITUB) Q4 Earnings & Revenues Increase Y/Y

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 6, 2024 | seekingalpha.com

Itaú Unibanco Holding S.A. (ITUB) Q4 2023 Earnings Conference Call Transcript

February 6, 2024 | msn.com

Itau Unibanco GAAP EPS of R$0.94, revenue of R$40.98B; initiates FY24 outlook

February 6, 2024 | seekingalpha.com

Itaú Unibanco Holding S.A. 2023 Q4 - Results - Earnings Call Presentation

February 5, 2024 | msn.com

Itaú Unibanco (ITUB4): lucro líquido gerencial de R$ 9,4 bilhões no 4T23, alta de 22,6%

February 5, 2024 | money.usnews.com

Brazil's Itau Unibanco Reports 4% Growth in Fourth-Quarter Profit

February 5, 2024 | finance.yahoo.com

ITAÚ UNIBANCO - MATERIAL FACT - Payment of dividends and interest on capital

February 5, 2024 | finance.yahoo.com

ITAÚ UNIBANCO - MATERIAL FACT: PROJECTIONS 2024

February 5, 2024 | finance.yahoo.com

ITAÚ UNIBANCO - MATERIAL FACT - Stock Buyback Program

January 30, 2024 | finance.yahoo.com

3 Stocks to Consider From the Prospering Foreign Banks Industry

January 4, 2024 | finance.yahoo.com

Strategic Buyouts Aid Itau Unibanco (ITUB), High Costs Ail

December 20, 2023 | morningstar.com

Itau Unibanco Holding SA ADR

December 5, 2023 | msn.com

Itaú (ITUB4) divulga valor por ação de proventos aos acionistas; confira

December 5, 2023 | finance.yahoo.com

Brazil’s Largest Bank Itaú Unibanco Launches Crypto Trading Services

December 1, 2023 | finance.yahoo.com

Itau Unibanco Holding SA's Dividend Analysis

November 24, 2023 | finance.yahoo.com

Itaú Unibanco Holding S.A. - MATERIAL FACT - Payment of interest on capital

November 15, 2023 | seekingalpha.com

Itaú Unibanco: Q3 Earnings, Top Quality And Above-Average Efficiency

November 8, 2023 | insidermonkey.com

Itaú Unibanco Holding S.A. (NYSE:ITUB) Q3 2023 Earnings Call Transcript

November 7, 2023 | seekingalpha.com

Itaú Unibanco: Bullish With Multiple Growth Tailwinds Into 2024

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Ex-Dividend for 5/9 Dividend: 3/28/2024
Today: 4/18/2024
Ex-Dividend for 6/10 Dividend: 5/02/2024
Dividend Payable: 5/09/2024
Next Earnings (Estimated): 5/13/2024
Dividend Payable: 6/10/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NYSE:ITUB
CUSIP: N/A
CIK: 1132597
Web: www.itau.com.brsector
Phone: 551127943547
Fax: 55-11-2794-3933
Employees: 99,598
Year Founded: 2008

Price Target and Rating

Average Stock Price Target: $7.05
High Stock Price Target: $8.00
Low Stock Price Target: $6.10
Potential Upside/Downside: +16.9%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.68
Trailing P/E Ratio: 8.87
Forward P/E Ratio: 7.35
P/E Growth: 0.76
Net Income: $6.63 billion
Net Margins: 10.48%
Pretax Margin: 12.63%
Return on Equity: 17.76%
Return on Assets: 1.37%

Debt

Debt-to-Equity Ratio: 2.25
Current Ratio: 1.59
Quick Ratio: 1.58

Sales & Book Value

Annual Sales: $62.74 billion
Price / Sales: N/A
Cash Flow: $0.72 per share
Price / Cash Flow: 8.43
Book Value: $3.51 per share
Price / Book: 1.72

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Optionable
Beta: 0.92

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Key Executives

Mr. Milton Maluhy Filho (Age 47)
CEO & Member of Executive Board
Mr. Alexsandro Broedel Lopes (Age 50)
CFO & Member of Executive Board
Mr. Matias Granata (Age 49)
Chief Risk Officer & Member of Executive Board
Mr. Jose Virgilio Vita Neto (Age 46)
Member of Executive Board
Mr. Carlos Fernando Rossi Constantini (Age 50)
Member of Executive Board
Mr. Andre Sapoznik (Age 52)
Executive VP of IT & Operations and Head of New Payments Unit
Mr. Pedro Paulo Giubbina Lorenzini (Age 56)
Executive Officer & Member of Executive Board
Mr. Alexandre Grossmann Zancani (Age 47)
Member of Executive Board
Mr. André Luís Teixeira Rodrigues
Member of Executive Board
Mr. Flavio Augusto Aguiar de Souza
Member of Executive Board

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

ITUB Stock Analysis - Frequently Asked Questions

Should I buy or sell Itaú Unibanco stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ITUB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ITUB, but not buy additional shares or sell existing shares.
View ITUB analyst ratings or view top-rated stocks.
What is Itaú Unibanco's stock price target for 2024?: 4 Wall Street analysts have issued 1-year price objectives for Itaú Unibanco's stock. Their ITUB share price targets range from $6.10 to $8.00. On average, they anticipate the company's share price to reach $7.05 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts price targets for ITUB or view top-rated stocks among Wall Street analysts.
How have ITUB shares performed in 2024?: Itaú Unibanco's stock was trading at $6.95 on January 1st, 2024. Since then, ITUB shares have decreased by 13.2% and is now trading at $6.03.
View the best growth stocks for 2024 here.
Are investors shorting Itaú Unibanco?: Itaú Unibanco saw a drop in short interest in March. As of March 31st, there was short interest totaling 20,820,000 shares, a drop of 28.0% from the March 15th total of 28,900,000 shares. Based on an average daily trading volume, of 16,690,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the company are sold short.
View Itaú Unibanco's Short Interest.
When is Itaú Unibanco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our ITUB earnings forecast.
How were Itaú Unibanco's earnings last quarter?: Itaú Unibanco Holding S.A. (NYSE:ITUB) released its quarterly earnings data on Monday, February, 5th. The bank reported $0.19 earnings per share for the quarter, meeting analysts' consensus estimates of $0.19. The bank had revenue of $7.75 billion for the quarter, compared to analysts' expectations of $8.05 billion. Itaú Unibanco had a net margin of 10.48% and a trailing twelve-month return on equity of 17.76%.
How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco?: Itaú Unibanco declared a monthly dividend on Wednesday, April 3rd. Investors of record on Friday, May 3rd will be given a dividend of $0.003 per share on Monday, June 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Thursday, May 2nd.
Read our dividend analysis for ITUB.

Is Itaú Unibanco a good dividend stock?: Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.61%. The dividend payout ratio is 5.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 4.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITUB.
What ETFs hold Itaú Unibanco's stock?: ETFs with the largest weight of Itaú Unibanco (NYSE:ITUB) stock in their portfolio include iShares Latin America 40 ETF (ILF), SPDR Portfolio Emerging Markets ETF (SPEM) and Avantis Responsible Emerging Markets Equity ETF (AVSE).Avantis Emerging Markets Equity ETF (AVEM).
What is Roberto Egydio Setubal's approval rating as Itaú Unibanco's CEO?: 195 employees have rated Itaú Unibanco Chief Executive Officer Roberto Egydio Setubal on Glassdoor.com. Roberto Egydio Setubal has an approval rating of 98% among the company's employees. This puts Roberto Egydio Setubal in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Itaú Unibanco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Unibanco investors own include Bank of America (BAC), Coty (COTY), Petróleo Brasileiro S.A. - Petrobras (PBR), Exxon Mobil (XOM), Intel (INTC), Pfizer (PFE), AT&T (T), Bristol-Myers Squibb (BMY), Ford Motor (F) and Cisco Systems (CSCO).
Who are Itaú Unibanco's major shareholders?: Itaú Unibanco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (0.00%), Quattro Financial Advisors LLC (0.00%), Symmetry Partners LLC (0.00%), Atlas Capital Advisors LLC (0.00%), Gateway Investment Advisers LLC (0.00%) and Harbour Capital Advisors LLC (0.00%).
How do I buy shares of Itaú Unibanco?: Shares of ITUB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ITUB) was last updated on 4/19/2024 by MarketBeat.com Staff

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Itaú Unibanco (ITUB) Stock Price, News & Analysis

Itaú Unibanco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Itaú Unibanco Stock (NYSE:ITUB)

ITUB Stock Price History

ITUB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

ITUB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™