BankUnited (NYSE:BKU – Free Report) had its price objective raised by Keefe, Bruyette & Woods from $42.00 to $55.00 in a research note released on Thursday,Benzinga reports. They currently have a market perform rating on the financial services provider’s stock.
BKU has been the topic of several other research reports. Piper Sandler upped their price objective on shares of BankUnited from $42.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday. Raymond James Financial set a $55.00 price target on shares of BankUnited in a report on Wednesday. Barclays upped their price target on shares of BankUnited from $47.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday. Cantor Fitzgerald reissued an “overweight” rating and set a $44.00 price objective on shares of BankUnited in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group boosted their target price on BankUnited from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $51.55.
Get Our Latest Stock Analysis on BKU
BankUnited Stock Down 0.2%
BankUnited (NYSE:BKU – Get Free Report) last issued its earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $288.20 million for the quarter, compared to the consensus estimate of $279.76 million. BankUnited had a return on equity of 9.09% and a net margin of 14.14%.During the same quarter in the prior year, the company earned $0.91 EPS. As a group, analysts expect that BankUnited will post 3.13 EPS for the current fiscal year.
BankUnited Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 9th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, January 9th. BankUnited’s dividend payout ratio (DPR) is presently 34.93%.
Hedge Funds Weigh In On BankUnited
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new position in shares of BankUnited in the first quarter valued at approximately $28,000. Salomon & Ludwin LLC acquired a new position in BankUnited in the 3rd quarter valued at $34,000. Quarry LP raised its holdings in BankUnited by 158.2% in the 3rd quarter. Quarry LP now owns 940 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 576 shares during the period. Bayforest Capital Ltd raised its holdings in BankUnited by 32.3% in the 2nd quarter. Bayforest Capital Ltd now owns 1,111 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 271 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in BankUnited by 202.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,217 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 814 shares during the last quarter. Institutional investors and hedge funds own 99.70% of the company’s stock.
More BankUnited News
Here are the key news stories impacting BankUnited this week:
- Positive Sentiment: Q4 earnings beat — BankUnited reported EPS of $0.94 vs. $0.85 consensus and revenue of $288.2M vs. $279.8M, driven by higher net interest income and fee revenue; market reaction was strongly positive. Zacks: BKU’s Q4 Earnings Beat
- Positive Sentiment: Share buyback authorization — Management approved an additional $200M repurchase program, which supports EPS and signals confidence in capital availability. Business Wire: 4Q Results & Buyback
- Positive Sentiment: Core growth and margin expansion — Company highlighted $769M core loan growth, $485M growth in non‑interest bearing deposits, and a 6 bps NIM expansion — fundamentals that support higher future NII and profitability. Yahoo Finance: Q4 Deep Dive
- Positive Sentiment: Analyst price-target lifts — Keefe, Bruyette & Woods raised its target to $55 and RBC raised its target to $53 (both maintain market/sector-perform), adding near‑term buying interest from institutional desks. TickerReport: KBW price-target raise The Fly: RBC price-target raise
- Neutral Sentiment: Earnings materials and call/transcripts available — Full slide deck, press release and call transcripts provide detail on drivers, expense trends and capital; useful for modeling but not new news. Press Release / Slide Deck Seeking Alpha: Presentation
- Neutral Sentiment: Multiple call/transcript writeups — Transcripts posted (Seeking Alpha, InsiderMonkey, Yahoo) give investors color on strategy and outlook; they support transparency but are follow‑on items. InsiderMonkey: Call Transcript Yahoo: Earnings Transcript
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.
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