Q1 Earnings Estimate for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Investment analysts at Zacks Research upped their Q1 2027 earnings per share estimates for shares of BankUnited in a research report issued on Wednesday, April 15th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $1.10 for the quarter, up from their previous estimate of $1.08. Zacks Research currently has a “Hold” 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 FY2027 earnings at $4.31 EPS and Q1 2028 earnings at $1.16 EPS.

Several other analysts also recently issued reports on BKU. Raymond James Financial set a $55.00 price target on BankUnited in a report on Wednesday, January 21st. The Goldman Sachs Group reissued a “sell” rating on shares of BankUnited in a report on Monday, February 2nd. Piper Sandler raised their price target on BankUnited from $42.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, January 22nd. Keefe, Bruyette & Woods lifted their target price on BankUnited from $42.00 to $55.00 and gave the company a “market perform” rating in a research note on Thursday, January 22nd. Finally, Citigroup lifted their target price on BankUnited from $49.00 to $53.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, BankUnited currently has a consensus rating of “Hold” and an average target price of $53.82.

BankUnited Trading Up 2.3%

Shares of NYSE BKU opened at $47.96 on Friday. The company has a market cap of $3.54 billion, a price-to-earnings ratio of 13.55 and a beta of 1.26. BankUnited has a 12-month low of $30.29 and a 12-month high of $52.11. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.51. The stock’s 50 day simple moving average is $46.42 and its 200 day simple moving average is $44.24.

BankUnited (NYSE:BKU) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.09. The business had revenue of $260.80 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 last year, the business posted $0.91 EPS.

BankUnited Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Friday, April 10th will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, April 10th. This is an increase from BankUnited’s previous quarterly dividend of $0.31. BankUnited’s dividend payout ratio (DPR) is presently 37.29%.

Insider Buying and Selling at BankUnited

In other BankUnited news, Director Sanjiv Sobti sold 5,000 shares of BankUnited stock in a transaction on Monday, February 9th. The stock was sold at an average price of $50.88, for a total transaction of $254,400.00. Following the sale, the director owned 18,816 shares of the company’s stock, valued at $957,358.08. The trade was a 20.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jay D. Richards sold 3,506 shares of BankUnited stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $49.83, for a total value of $174,703.98. Following the sale, the insider directly owned 35,687 shares in the company, valued at $1,778,283.21. The trade was a 8.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,953 shares of company stock valued at $591,492 in the last quarter. Corporate insiders own 1.15% of the company’s stock.

Institutional Trading of BankUnited

A number of hedge funds and other institutional investors have recently modified their holdings of BKU. HoldCo Asset Management LP raised its stake in shares of BankUnited by 277.3% in the 4th quarter. HoldCo Asset Management LP now owns 3,535,282 shares of the financial services provider’s stock worth $157,568,000 after buying an additional 2,598,382 shares in the last quarter. Artemis Investment Management LLP bought a new stake in shares of BankUnited in the 4th quarter worth $73,655,000. Millennium Management LLC raised its stake in shares of BankUnited by 1,066.9% in the 4th quarter. Millennium Management LLC now owns 1,399,655 shares of the financial services provider’s stock worth $62,383,000 after buying an additional 1,279,712 shares in the last quarter. UBS Group AG raised its stake in shares of BankUnited by 398.0% in the 4th quarter. UBS Group AG now owns 1,170,378 shares of the financial services provider’s stock worth $52,164,000 after buying an additional 935,370 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its stake in shares of BankUnited by 73.4% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,542,020 shares of the financial services provider’s stock worth $68,728,000 after buying an additional 652,926 shares in the last quarter. Institutional investors own 99.70% of the company’s stock.

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.