BankUnited Inc. Reaches New 12-Month High at $33.52 (BKU)
BankUnited (NYSE:BKU) set a new 52-week high during trading on Thursday, StockRatingsNetwork.com reports. The stock traded as high as $33.52 and last traded at $33.26, with a volume of 641,381 shares. The stock had previously closed at $32.80.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of BankUnited in a research note to investors on Tuesday, January 7th. They now have a $34.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $34.14.
BankUnited (NYSE:BKU) last announced its earnings results on Thursday, January 23rd. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.46 by $0.04. During the same quarter in the prior year, the company posted $0.61 earnings per share.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, January 23rd. Stockholders of record on Thursday, January 9th will be given a dividend of 0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Tuesday, January 7th.
BankUnited, Inc (NYSE:BKU) is a bank holding company with three wholly owned subsidiaries: BankUnited, National Association (the Bank) Herald National Bank (Herald), and BankUnited Investment Services, Inc (BUIS), collectively, the Company.
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