BankUnited Given Average Rating of “Buy” by Analysts (NYSE:BKU)
Shares of BankUnited (NYSE:BKU) have been given an average rating of “Buy” by the nine ratings firms that are currently covering the stock, AnalystRatingsNetwork.com reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $29.67.
Shares of BankUnited (NYSE:BKU) opened at 30.34 on Thursday. BankUnited has a 52 week low of $29.26 and a 52 week high of $35.65. The stock has a 50-day moving average of $32.14 and a 200-day moving average of $32.78. The company has a market cap of $3.083 billion and a price-to-earnings ratio of 15.16.
BankUnited (NYSE:BKU) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01. During the same quarter in the previous year, the company posted $0.52 earnings per share. Analysts expect that BankUnited will post $1.88 EPS for the current fiscal year.
Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of BankUnited from $37.00 to $1.00 in a research note on Friday, July 25th. They now have an “outperform” rating on the stock.
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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