BankUnited (NYSE:BKU) will be announcing its earnings results before the market opens on Tuesday, January 23rd.

BankUnited (NYSE:BKU) last posted its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.62 EPS for the quarter, topping the consensus estimate of $0.59 by $0.03. BankUnited had a return on equity of 10.23% and a net margin of 19.82%. The business had revenue of $294.59 million for the quarter, compared to analyst estimates of $273.51 million. During the same quarter in the previous year, the firm earned $0.47 EPS. On average, analysts expect BankUnited to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BankUnited (BKU) opened at $43.18 on Tuesday. BankUnited has a fifty-two week low of $30.37 and a fifty-two week high of $43.22. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.86. The company has a market capitalization of $4,610.00, a price-to-earnings ratio of 18.14, a PEG ratio of 1.59 and a beta of 1.09.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 12th will be issued a dividend of $0.21 per share. The ex-dividend date is Thursday, January 11th. This represents a $0.84 annualized dividend and a dividend yield of 1.95%. BankUnited’s dividend payout ratio is presently 35.29%.

Several research analysts have recently commented on BKU shares. Deutsche Bank reduced their price target on BankUnited from $42.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, November 8th. JMP Securities started coverage on BankUnited in a report on Tuesday, January 9th. They set an “outperform” rating on the stock. Barclays lifted their price target on BankUnited from $43.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Morgan Stanley reiterated an “overweight” rating and set a $46.00 price target on shares of BankUnited in a report on Wednesday, December 13th. Finally, Wells Fargo & Co reiterated an “outperform” rating and set a $50.00 price target (up previously from $42.00) on shares of BankUnited in a report on Tuesday, January 9th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $42.91.

In related news, insider Mark Bagnoli sold 1,000 shares of the business’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 sale, the insider now directly owns 19,699 shares in the company, valued at approximately $706,800.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.90% of the stock is currently owned by insiders.

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BankUnited Company Profile

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.

Earnings History for BankUnited (NYSE:BKU)

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