Zacks Research Forecasts Increased Earnings for BankUnited

BankUnited, Inc. (NYSE:BKUFree Report) – Zacks Research upped their FY2025 earnings estimates for BankUnited in a note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now forecasts that the financial services provider will earn $3.46 per share for the year, up from their prior estimate of $3.27. The consensus estimate for BankUnited’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited’s Q1 2027 earnings at $0.88 EPS and Q3 2027 earnings at $1.00 EPS.

Several other research analysts have also recently issued reports on BKU. Barclays increased their price objective on BankUnited from $41.00 to $43.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 24th. Piper Sandler restated a “neutral” rating and set a $43.00 price target (up previously from $41.00) on shares of BankUnited in a research note on Thursday, July 24th. Cantor Fitzgerald restated an “overweight” rating and issued a $44.00 price objective on shares of BankUnited in a report on Thursday, October 23rd. Wall Street Zen raised shares of BankUnited from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Jefferies Financial Group reduced their price target on shares of BankUnited from $42.00 to $40.00 and set a “hold” rating for the company in a report on Wednesday, October 22nd. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $41.91.

Check Out Our Latest Analysis on BankUnited

BankUnited Price Performance

Shares of BKU stock opened at $39.64 on Friday. The company has a market capitalization of $2.98 billion, a P/E ratio of 11.17 and a beta of 1.34. The company’s 50-day simple moving average is $38.82 and its two-hundred day simple moving average is $37.08. BankUnited has a one year low of $28.21 and a one year high of $44.45. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.83 and a quick ratio of 0.84.

BankUnited (NYSE:BKUGet Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.11. The company had revenue of $275.68 million during the quarter, compared to analyst estimates of $280.33 million. BankUnited had a net margin of 13.98% and a return on equity of 9.18%. The firm’s revenue for the quarter was down 7.1% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Strs Ohio purchased a new stake in BankUnited during the first quarter valued at approximately $28,000. Brooklyn Investment Group grew its stake in shares of BankUnited by 14,050.0% during the first quarter. Brooklyn Investment Group now owns 849 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 843 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in shares of BankUnited during the third quarter valued at about $34,000. Bayforest Capital Ltd increased its holdings in shares of BankUnited by 32.3% during the second quarter. Bayforest Capital Ltd now owns 1,111 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 271 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of BankUnited by 202.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,217 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 814 shares during the last quarter. Hedge funds and other institutional investors own 99.70% of the company’s stock.

BankUnited Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Friday, October 10th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, October 10th. BankUnited’s dividend payout ratio is presently 34.93%.

BankUnited Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for BankUnited (NYSE:BKU)

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