Shares of BankUnited, Inc. (NYSE:BKU – Get Free Report) have received an average rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $27.83.
A number of research analysts recently issued reports on the stock. StockNews.com started coverage on shares of BankUnited in a research report on Thursday, August 17th. They set a “sell” rating for the company. Royal Bank of Canada raised their target price on BankUnited from $25.00 to $29.00 in a report on Wednesday, July 26th. Compass Point boosted their price target on BankUnited from $30.00 to $33.00 in a report on Wednesday, July 26th. 58.com reaffirmed a “maintains” rating on shares of BankUnited in a research note on Thursday, June 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of BankUnited from $23.00 to $25.00 in a research note on Thursday, June 29th.
Institutional Trading of BankUnited
BankUnited Stock Down 1.9 %
BankUnited stock opened at $24.30 on Friday. The business’s 50-day simple moving average is $26.51 and its two-hundred day simple moving average is $23.76. The company has a debt-to-equity ratio of 2.37, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $1.81 billion, a PE ratio of 7.11 and a beta of 1.27. BankUnited has a fifty-two week low of $15.83 and a fifty-two week high of $40.22.
BankUnited (NYSE:BKU – Get Free Report) last issued its earnings results on Tuesday, July 25th. The financial services provider reported $0.78 EPS for the quarter, meeting analysts’ consensus estimates of $0.78. BankUnited had a return on equity of 10.60% and a net margin of 15.26%. The firm had revenue of $488.91 million for the quarter, compared to analyst estimates of $247.56 million. During the same quarter in the prior year, the firm earned $0.82 earnings per share. Equities analysts anticipate that BankUnited will post 2.89 EPS for the current year.
BankUnited Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Friday, July 14th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend was Thursday, July 13th. BankUnited’s payout ratio is 31.58%.
BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.
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