Zacks Research Increases Earnings Estimates for BankUnited

BankUnited, Inc. (NYSE:BKU) – Research analysts at Zacks Research boosted their FY2026 earnings per share estimates for shares of BankUnited in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $2.98 for the year, up from their prior estimate of $2.97. The consensus estimate for BankUnited’s current full-year earnings is $2.89 per share.

Several other equities analysts have also recently issued reports on the company. Barclays lifted their price objective on BankUnited from $35.00 to $39.00 and gave the stock an “equal weight” rating in a report on Friday, September 27th. Wells Fargo & Company raised shares of BankUnited from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $38.00 to $48.00 in a research note on Wednesday, November 13th. Wedbush lifted their target price on shares of BankUnited from $39.00 to $40.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Citigroup dropped their price objective on shares of BankUnited from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Wednesday, September 11th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $37.00 target price on shares of BankUnited in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $37.40.

BankUnited Trading Up 1.1 %

Shares of BankUnited stock opened at $43.20 on Monday. The company has a 50-day moving average of $37.12 and a two-hundred day moving average of $34.15. BankUnited has a 12-month low of $24.34 and a 12-month high of $44.45. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.28. The stock has a market cap of $3.23 billion, a PE ratio of 17.70 and a beta of 1.33.

BankUnited (NYSE:BKU) last issued its quarterly earnings results on Tuesday, October 22nd. The financial services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. BankUnited had a return on equity of 8.09% and a net margin of 9.06%. The firm had revenue of $515.24 million during the quarter, compared to the consensus estimate of $258.65 million. During the same period last year, the company earned $0.63 earnings per share.

Institutional Investors Weigh In On BankUnited

Several institutional investors and hedge funds have recently bought and sold shares of the business. WINTON GROUP Ltd lifted its holdings in BankUnited by 0.9% in the second quarter. WINTON GROUP Ltd now owns 34,582 shares of the financial services provider’s stock worth $1,012,000 after purchasing an additional 303 shares during the period. Arizona State Retirement System boosted its stake in shares of BankUnited by 1.9% during the 2nd quarter. Arizona State Retirement System now owns 20,821 shares of the financial services provider’s stock worth $609,000 after acquiring an additional 379 shares in the last quarter. Natixis Advisors LLC boosted its holdings in BankUnited by 1.0% during the second quarter. Natixis Advisors LLC now owns 48,005 shares of the financial services provider’s stock valued at $1,405,000 after acquiring an additional 497 shares during the period. GAMMA Investing LLC increased its position in BankUnited by 17.4% during the third quarter. GAMMA Investing LLC now owns 4,637 shares of the financial services provider’s stock worth $169,000 after acquiring an additional 686 shares during the period. Finally, Louisiana State Employees Retirement System raised its holdings in BankUnited by 2.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 37,600 shares of the financial services provider’s stock valued at $1,101,000 after acquiring an additional 800 shares in the last quarter. Institutional investors and hedge funds own 99.70% of the company’s stock.

Insider Buying and Selling

In related news, insider Jay D. Richards sold 2,500 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $41.18, for a total value of $102,950.00. Following the transaction, the insider now owns 34,687 shares in the company, valued at approximately $1,428,410.66. The trade was a 6.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Thomas M. Cornish sold 10,778 shares of BankUnited stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $39.11, for a total value of $421,527.58. Following the sale, the chief operating officer now owns 100,000 shares in the company, valued at $3,911,000. This represents a 9.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.19% of the stock is owned by corporate insiders.

BankUnited Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $1.16 dividend on an annualized basis and a yield of 2.69%. BankUnited’s dividend payout ratio (DPR) is 47.54%.

BankUnited Company Profile

BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.