BankUnited, Inc. (NYSE:BKU) has been given an average rating of “Hold” by the fourteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $40.56.
Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of BankUnited from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Deutsche Bank decreased their price objective on shares of BankUnited from $42.00 to $40.00 and set a “hold” rating on the stock in a research report on Wednesday, November 8th. BMO Capital Markets upgraded shares of BankUnited from a “market perform” rating to an “outperform” rating in a research report on Monday, November 20th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $41.00 target price on shares of BankUnited in a research note on Thursday, September 28th. Finally, J P Morgan Chase & Co cut shares of BankUnited from a “neutral” rating to an “underweight” rating and set a $35.00 target price for the company. in a research note on Wednesday, November 1st.
In other news, insider Mark Bagnoli sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $35.88, for a total value of $35,880.00. Following the completion of the sale, the insider now owns 19,699 shares in the company, valued at approximately $706,800.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.90% of the stock is currently owned by company insiders.
Shares of BankUnited (BKU) traded down $0.71 during mid-day trading on Friday, hitting $37.23. 1,135,300 shares of the stock traded hands, compared to its average volume of 844,221. The company has a market cap of $3,980.00, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08. BankUnited has a 12-month low of $30.37 and a 12-month high of $41.00. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.86.
BankUnited (NYSE:BKU) last announced its quarterly earnings data on Tuesday, October 31st. The financial services provider reported $0.62 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.03. The firm had revenue of $294.59 million for the quarter, compared to the consensus estimate of $273.51 million. BankUnited had a net margin of 19.82% and a return on equity of 10.23%. During the same period last year, the firm earned $0.47 EPS. equities analysts expect that BankUnited will post 2.39 earnings per share for the current year.
BankUnited, Inc is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.
Receive News & Ratings for BankUnited Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BankUnited Inc. and related companies with MarketBeat.com's FREE daily email newsletter.