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BankUnited (NYSE:BKU) has earned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the company, Analyst Ratings News reports. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $35.38.

A number of analysts have recently weighed in on BKU shares. Analysts at Zacks reiterated a “neutral” rating on shares of BankUnited in a research note on Wednesday. They now have a $35.00 price target on the stock. Separately, analysts at Drexel Hamilton initiated coverage on shares of BankUnited in a research note on Thursday, May 8th. They set a “buy” rating on the stock.

BankUnited (NYSE:BKU) traded up 1.76% during mid-day trading on Thursday, hitting $34.20. The stock had a trading volume of 85,108 shares. BankUnited has a one year low of $26.39 and a one year high of $35.65. The stock’s 50-day moving average is $33.1 and its 200-day moving average is $32.93. The company has a market cap of $3.476 billion and a P/E ratio of 16.19.

BankUnited (NYSE:BKU) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.08. During the same quarter in the prior year, the company posted $0.47 earnings per share. On average, analysts predict that BankUnited will post $1.86 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend is Friday, June 27th.

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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