Q1 Earnings Forecast for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Equities research analysts at Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for BankUnited in a research report issued to clients and investors on Tuesday, March 17th. Zacks Research analyst Team now forecasts that the financial services provider will earn $1.08 per share for the quarter, down from their prior forecast of $1.09. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited’s FY2028 earnings at $4.84 EPS.

BankUnited (NYSE:BKU) last released its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $260.80 million for the quarter, compared to analyst estimates 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 previous year, the company posted $0.91 earnings per share.

Other equities research analysts have also issued research reports about the stock. Weiss Ratings lowered shares of BankUnited from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. Piper Sandler lifted their target price on shares of BankUnited from $42.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Citigroup boosted their target price on shares of BankUnited from $49.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 23rd. Keefe, Bruyette & Woods increased their price target on shares of BankUnited from $42.00 to $55.00 and gave the company a “market perform” rating in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group cut their price target on shares of BankUnited from $65.00 to $60.00 and set a “buy” rating for the company in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $53.55.

BankUnited Stock Up 1.8%

Shares of BKU opened at $43.35 on Thursday. BankUnited has a 52-week low of $28.21 and a 52-week high of $52.11. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $47.21 and a two-hundred day simple moving average of $43.19. The company has a market capitalization of $3.19 billion, a PE ratio of 12.25 and a beta of 1.29.

BankUnited Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 9th were given a $0.31 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $1.24 dividend on an annualized basis and a yield of 2.9%. BankUnited’s dividend payout ratio is presently 35.03%.

Insiders Place Their Bets

In other BankUnited news, insider Jay D. Richards sold 3,506 shares of BankUnited stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $49.83, for a total transaction of $174,703.98. Following the completion of the sale, the insider directly owned 35,687 shares in the company, valued at $1,778,283.21. This trade represents a 8.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kevin A. Malcolm sold 3,447 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $47.11, for a total transaction of $162,388.17. Following the completion of the sale, the insider directly owned 11,500 shares in the company, valued at $541,765. This trade represents a 23.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 11,953 shares of company stock valued at $591,492 over the last 90 days. 1.15% of the stock is owned by company insiders.

Institutional Trading of BankUnited

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in BankUnited during the fourth quarter worth $63,000. DGS Capital Management LLC purchased a new position in shares of BankUnited during the fourth quarter worth $225,000. Virtu Financial LLC acquired a new stake in shares of BankUnited in the fourth quarter valued at $383,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of BankUnited in the fourth quarter valued at $240,000. Finally, Empowered Funds LLC raised its holdings in shares of BankUnited by 8.0% in the 4th quarter. Empowered Funds LLC now owns 299,312 shares of the financial services provider’s stock valued at $13,340,000 after buying an additional 22,260 shares during the period. Hedge funds and other institutional investors own 99.70% of the company’s stock.

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.