BankUnited (NYSE:BKU – Get Free Report) had its price target raised by analysts at Royal Bank Of Canada from $48.00 to $53.00 in a report issued on Thursday, Marketbeat.com reports. The brokerage presently has a “sector perform” rating on the financial services provider’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 11.41% from the stock’s current price.
Several other equities research analysts have also weighed in on BKU. Hovde Group restated an “outperform” rating and issued a $51.00 target price on shares of BankUnited in a report on Monday, December 8th. Wells Fargo & Company boosted their price objective on shares of BankUnited from $42.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Susquehanna upgraded shares of BankUnited to a “positive” rating in a research note on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $44.00 target price on shares of BankUnited in a report on Thursday, October 23rd. Finally, Jefferies Financial Group upped their price target on shares of BankUnited from $55.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday. Seven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, BankUnited presently has an average rating of “Hold” and a consensus price target of $52.91.
Read Our Latest Stock Analysis on BankUnited
BankUnited Trading Down 5.3%
BankUnited (NYSE:BKU – Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $288.20 million during the quarter, compared to analysts’ expectations of $279.76 million. BankUnited had a return on equity of 9.09% and a net margin of 14.14%.During the same quarter in the previous year, the firm earned $0.91 earnings per share. Analysts expect that BankUnited will post 3.13 EPS for the current fiscal year.
Institutional Investors Weigh In On BankUnited
A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in BankUnited by 15.3% during the first quarter. Royal Bank of Canada now owns 18,092 shares of the financial services provider’s stock valued at $623,000 after acquiring an additional 2,394 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of BankUnited by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,380 shares of the financial services provider’s stock worth $1,528,000 after purchasing an additional 1,934 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of BankUnited during the first quarter valued at approximately $9,100,000. Strs Ohio bought a new position in BankUnited in the first quarter worth $28,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in BankUnited by 33.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 22,620 shares of the financial services provider’s stock worth $860,000 after purchasing an additional 5,638 shares during the period. 99.70% of the stock is owned by institutional investors and hedge funds.
BankUnited News Roundup
Here are the key news stories impacting BankUnited this week:
- Positive Sentiment: Q4 earnings beat consensus: BKU reported $0.94 EPS vs. $0.85 expected, with revenue above estimates and management highlighting NII and fee-income strength — a core reason for the earlier rally. BKU’s Q4 Earnings Beat on Higher NII & Fee Income
- Positive Sentiment: Operational takeaways: analysts and deep-dive coverage highlight margin expansion, balanced loan mix, and deposit growth — themes that support higher earnings power going forward. BKU Q4 Deep Dive
- Positive Sentiment: Price-target increases from major firms: Keefe, Bruyette & Woods raised its PT to $55 and RBC to $53, providing fresh upside reference points that helped drive buying after the quarter. KBW PT Raise RBC PT Raise
- Positive Sentiment: Share-price momentum: coverage notes BKU reached a new 12‑month high after the print, signaling strong investor appetite coming out of the quarter. BankUnited Sets New 12-Month High
- Neutral Sentiment: Analyst commentary is mixed: broader analyst write-ups (e.g., Globe and Mail roundup) provide context on financial peers but don’t shift consensus to a clear buy bias. Analysts Offer Insights on Financial Companies
- Neutral Sentiment: Call transcripts and presentations provide detail but no new guidance — useful for modeling but not an immediate catalyst. Q4 Earnings Call Transcript Earnings Presentation
- Negative Sentiment: Pullback and limited upgrade scope: despite PT lifts, firms kept “market/sector perform” stances rather than Buy, and the stock retraced from its post-earnings spike — likely profit-taking after a rapid move and because neutral ratings temper further upside. (No single article; market reaction and analyst stances noted above.)
BankUnited Company Profile
BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.
The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.
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