Zacks Research Forecasts BankUnited’s Q1 Earnings (NYSE:BKU)

BankUnited, Inc. (NYSE:BKU) – Equities researchers at Zacks Research dropped their Q1 2027 earnings per share estimates for shares of BankUnited in a research report issued to clients and investors on Tuesday, March 17th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $1.08 per share for the quarter, down from their prior estimate of $1.09. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited’s FY2028 earnings at $4.84 EPS.

BankUnited (NYSE:BKU) last posted its earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. BankUnited had a return on equity of 9.09% and a net margin of 14.14%.The company had revenue of $260.80 million for the quarter, compared to analyst estimates of $279.76 million. During the same quarter last year, the company earned $0.91 earnings per share.

A number of other research firms also recently issued reports on BKU. Jefferies Financial Group cut their price objective on shares of BankUnited from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Monday, February 2nd. The Goldman Sachs Group reissued a “sell” rating on shares of BankUnited in a research report on Monday, February 2nd. Barclays boosted their price target on shares of BankUnited from $47.00 to $55.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Hovde Group reaffirmed an “outperform” rating and issued a $51.00 price objective on shares of BankUnited in a research report on Monday, December 8th. Finally, Piper Sandler increased their price objective on shares of BankUnited from $42.00 to $52.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.55.

BankUnited Trading Up 0.5%

NYSE BKU opened at $43.50 on Thursday. The firm has a market capitalization of $3.20 billion, a P/E ratio of 12.29 and a beta of 1.29. The business has a fifty day simple moving average of $47.17 and a 200 day simple moving average of $43.22. BankUnited has a 12 month low of $28.21 and a 12 month high of $52.11. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.51.

Institutional Investors Weigh In On BankUnited

A number of hedge funds have recently modified their holdings of BKU. Strs Ohio bought a new position in BankUnited during the first quarter valued at $28,000. Eurizon Capital SGR S.p.A. bought a new stake in shares of BankUnited in the fourth quarter valued at $30,000. Salomon & Ludwin LLC bought a new stake in shares of BankUnited in the third quarter valued at $34,000. Kestra Advisory Services LLC purchased a new position in shares of BankUnited during the 4th quarter valued at $35,000. Finally, Quarry LP lifted its position in shares of BankUnited by 158.2% during the 3rd quarter. Quarry LP now owns 940 shares of the financial services provider’s stock valued at $36,000 after buying an additional 576 shares during the last quarter. Institutional investors own 99.70% of the company’s stock.

Insider Activity at BankUnited

In other BankUnited news, insider Jay D. Richards sold 3,506 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $49.83, for a total value of $174,703.98. Following the transaction, the insider directly owned 35,687 shares in the company, valued at $1,778,283.21. The trade was a 8.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kevin A. Malcolm sold 3,447 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $47.11, for a total transaction of $162,388.17. Following the transaction, the insider directly owned 11,500 shares of the company’s stock, valued at $541,765. This represents a 23.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 11,953 shares of company stock worth $591,492. 1.15% of the stock is owned by company insiders.

BankUnited Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 9th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, January 9th. BankUnited’s payout ratio is 35.03%.

About BankUnited

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.