BankUnited, Inc. (NYSE:BKU – Get Ranking) has earned a median ranking of “Purchase” from the eight analysis corporations which might be presently overlaying the agency, Marketbeat Rankings experiences. Three equities analysis analysts have rated the inventory with a maintain ranking, 4 have issued a purchase ranking and one has issued a robust purchase ranking on the corporate. The common 12 month goal worth amongst brokerages which have coated the inventory within the final yr is $50.13.
A number of brokerages have lately commented on BKU. Keefe, Bruyette & Woods upgraded BankUnited from a “market carry out” ranking to an “outperform” ranking and set a $50.00 worth goal for the corporate in a report on Friday, January twenty first. Morgan Stanley upped their goal worth on BankUnited from $49.00 to $53.00 and gave the corporate an “equal weight” ranking in a analysis report on Monday, December sixth.
Shares of BKU opened at $41.46 on Friday. BankUnited has a 12 month low of $37.08 and a 12 month excessive of $50.71. The inventory has a fifty day transferring common worth of $43.55 and a 200-day transferring common worth of $42.31. The corporate has a present ratio of 0.79, a fast ratio of 0.79 and a debt-to-equity ratio of 0.63. The agency has a market cap of $3.51 billion, a PE ratio of 9.17 and a beta of 1.23.
BankUnited (NYSE:BKU – Get Ranking) final issued its quarterly earnings knowledge on Thursday, January twentieth. The monetary providers supplier reported $1.06 EPS for the quarter, beating the consensus estimate of $0.87 by $0.19. BankUnited had a return on fairness of 13.43% and a web margin of 37.95%. Throughout the identical quarter final yr, the agency posted $0.89 earnings per share. As a gaggle, analysis analysts forecast that BankUnited will publish 3.57 EPS for the present yr.
The corporate additionally lately introduced a quarterly dividend, which was paid on Monday, January thirty first. Traders of file on Friday, January 14th got a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of two.22%. The ex-dividend date of this dividend was Thursday, January thirteenth. BankUnited’s payout ratio is 20.35%.
Institutional traders and hedge funds have lately made adjustments to their positions within the enterprise. EverSource Wealth Advisors LLC acquired a brand new stake in BankUnited throughout the 4th quarter value about $30,000. Barrow Hanley Mewhinney & Strauss LLC acquired a brand new stake in BankUnited throughout the 4th quarter value about $30,000. Lazard Asset Administration LLC grew its place in BankUnited by 85.5% throughout the 4th quarter. Lazard Asset Administration LLC now owns 963 shares of the monetary providers supplier’s inventory value $40,000 after buying a further 444 shares throughout the interval. Marshall Wace North America L.P. acquired a brand new stake in BankUnited throughout the 1st quarter value about $47,000. Lastly, Jefferies Group LLC acquired a brand new stake in BankUnited throughout the third quarter value about $218,000. 97.85% of the inventory is presently owned by institutional traders.
About BankUnited (Get Ranking)
BankUnited, Inc is a holding firm, which engages within the provision of business and client banking providers by means of its subsidiary, BankUnited, N.A.. Its providers embody company banking providers, business actual property, treasury administration, enterprise checking accounts, enterprise on-line banking options, and residential mortgages.
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