Q3 Earnings Forecast for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Zacks Research decreased their Q3 2027 EPS estimates for BankUnited in a report issued on Tuesday, March 17th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings per share of $1.07 for the quarter, down from their prior forecast of $1.08. Zacks Research 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 FY2027 earnings at $4.29 EPS.

BankUnited (NYSE:BKU) last announced its quarterly earnings data on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The company had revenue of $260.80 million during the quarter, compared to analysts’ expectations of $279.76 million. BankUnited had a net margin of 14.14% and a return on equity of 9.09%. During the same period in the previous year, the company earned $0.91 EPS.

A number of other research firms also recently issued reports on BKU. Cantor Fitzgerald boosted their price target on BankUnited from $51.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Raymond James Financial set a $55.00 price objective on BankUnited in a research note on Wednesday, January 21st. Jefferies Financial Group decreased their target price on BankUnited from $65.00 to $60.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Keefe, Bruyette & Woods increased their target price on shares of BankUnited from $42.00 to $55.00 and gave the stock a “market perform” rating in a research report on Thursday, January 22nd. Finally, Citigroup raised their price target on shares of BankUnited from $49.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, BankUnited presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.55.

BankUnited Trading Up 0.5%

Shares of BKU opened at $43.50 on Friday. BankUnited has a twelve month low of $28.21 and a twelve month high of $52.11. The firm has a market capitalization of $3.20 billion, a P/E ratio of 12.29 and a beta of 1.29. 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 fifty day simple moving average is $47.17 and its 200 day simple moving average is $43.22.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BKU. Royal Bank of Canada grew its holdings in BankUnited by 15.3% during the 1st quarter. Royal Bank of Canada now owns 18,092 shares of the financial services provider’s stock valued at $623,000 after purchasing an additional 2,394 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in BankUnited by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,380 shares of the financial services provider’s stock worth $1,528,000 after buying an additional 1,934 shares in the last quarter. Jane Street Group LLC purchased a new position in BankUnited in the 1st quarter valued at about $9,100,000. Strs Ohio purchased a new position in BankUnited in the 1st quarter valued at about $28,000. Finally, Geode Capital Management LLC grew its stake in shares of BankUnited by 0.8% during the second quarter. Geode Capital Management LLC now owns 1,776,183 shares of the financial services provider’s stock valued at $63,223,000 after acquiring an additional 13,555 shares in the last quarter. 99.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Sanjiv Sobti sold 5,000 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $50.88, for a total value of $254,400.00. Following the completion of the sale, the director owned 18,816 shares in the company, valued at approximately $957,358.08. This trade represents a 20.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kevin A. Malcolm sold 3,447 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $47.11, for a total value of $162,388.17. Following the sale, the insider owned 11,500 shares in the company, valued at approximately $541,765. The trade was a 23.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,953 shares of company stock worth $591,492. 1.15% of the stock is currently owned by corporate insiders.

BankUnited Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders 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 annualized dividend and a dividend yield of 2.9%. BankUnited’s dividend payout ratio is presently 35.03%.

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.