Q1 Earnings Forecast for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Equities researchers at Zacks Research lowered their Q1 2027 earnings estimates for shares of BankUnited in a report issued on Monday, July 20th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $1.12 for the quarter, down from their previous estimate of $1.25. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $4.16 per share. Zacks Research also issued estimates for BankUnited’s Q2 2027 earnings at $1.12 EPS, Q3 2027 earnings at $1.17 EPS, Q4 2027 earnings at $1.28 EPS, FY2027 earnings at $4.68 EPS, Q1 2028 earnings at $1.33 EPS and Q2 2028 earnings at $1.36 EPS.

BankUnited (NYSE:BKU) last released its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.14). BankUnited had a return on equity of 9.11% and a net margin of 14.46%.The business had revenue of $273.69 million for the quarter, compared to analyst estimates of $284.57 million. During the same quarter in the previous year, the company posted $0.78 EPS.

BKU has been the subject of several other reports. Keefe, Bruyette & Woods decreased their target price on shares of BankUnited from $55.00 to $50.00 and set a “market perform” rating for the company in a research report on Thursday, April 23rd. Raymond James Financial reaffirmed an “outperform” rating on shares of BankUnited in a research report on Wednesday, April 22nd. Wells Fargo & Company boosted their price objective on BankUnited from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, March 30th. Weiss Ratings raised BankUnited from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Finally, Hovde Group lowered their price objective on BankUnited from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, BankUnited currently has a consensus rating of “Moderate Buy” and an average target price of $52.73.

BankUnited Stock Down 0.0%

BankUnited stock opened at $48.03 on Tuesday. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 13.38 and a beta of 1.17. The firm’s fifty day moving average price is $47.63 and its two-hundred day moving average price is $47.02. BankUnited has a 1-year low of $34.79 and a 1-year 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 0.58.

BankUnited Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 10th will be issued a $0.33 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.32 annualized dividend and a dividend yield of 2.7%. BankUnited’s dividend payout ratio is currently 36.77%.

Insider Activity

In related news, Director John N. Digiacomo sold 1,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $45.97, for a total transaction of $45,970.00. Following the transaction, the director directly owned 15,027 shares of the company’s stock, valued at $690,791.19. This trade represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jay D. Richards sold 4,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $48.67, for a total transaction of $194,680.00. Following the transaction, the insider owned 40,502 shares in the company, valued at approximately $1,971,232.34. This trade represents a 8.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On BankUnited

Several hedge funds have recently modified their holdings of BKU. Hantz Financial Services Inc. lifted its holdings in shares of BankUnited by 21.0% in the fourth quarter. Hantz Financial Services Inc. now owns 1,472 shares of the financial services provider’s stock worth $66,000 after buying an additional 255 shares in the last quarter. Covestor Ltd grew its stake in BankUnited by 20.9% during the fourth quarter. Covestor Ltd now owns 1,673 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 289 shares in the last quarter. Oregon Public Employees Retirement Fund grew its stake in BankUnited by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 17,213 shares of the financial services provider’s stock valued at $767,000 after acquiring an additional 300 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in BankUnited by 24.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,810 shares of the financial services provider’s stock worth $81,000 after acquiring an additional 358 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in BankUnited by 2.4% during the 3rd quarter. Mackenzie Financial Corp now owns 19,550 shares of the financial services provider’s stock worth $746,000 after acquiring an additional 455 shares during the period. 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.