Itau Unibanco (NYSE:ITUB) is set to issue its quarterly earnings data after the market closes on Monday, February 5th. Analysts expect the company to announce earnings of $0.29 per share for the quarter.
Itau Unibanco (NYSE:ITUB) last posted its earnings results on Monday, October 30th. The bank reported $0.29 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.29. Itau Unibanco had a net margin of 19.65% and a return on equity of 18.85%. The firm had revenue of $9.39 billion during the quarter, compared to analyst estimates of $8.26 billion. On average, analysts expect Itau Unibanco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Itau Unibanco (NYSE ITUB) opened at $16.98 on Monday. Itau Unibanco has a fifty-two week low of $10.02 and a fifty-two week high of $16.98. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market cap of $107,589.81, a price-to-earnings ratio of 14.77, a P/E/G ratio of 1.84 and a beta of 1.59.
The firm also recently announced a monthly dividend, which will be paid on Monday, March 12th. Investors of record on Friday, February 2nd will be issued a $0.005 dividend. The ex-dividend date is Thursday, February 1st. This is a positive change from Itau Unibanco’s previous monthly dividend of $0.00. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.35%. Itau Unibanco’s dividend payout ratio (DPR) is 4.35%.
ITUB has been the subject of a number of recent research reports. BidaskClub lowered shares of Itau Unibanco from a “strong-buy” rating to a “buy” rating in a report on Monday, October 23rd. ValuEngine lowered shares of Itau Unibanco from a “strong-buy” rating to a “buy” rating in a report on Friday, October 27th. Zacks Investment Research lowered shares of Itau Unibanco from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Finally, Deutsche Bank raised shares of Itau Unibanco from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a report on Monday, December 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $14.25.
About Itau Unibanco
Itau Unibanco Holding SA is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil and abroad. The Company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The Retail Banking segment offers banking products and services to a diversified client base of account holders and non-account holders, individuals and companies.
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