FY2026 EPS Estimates for BankUnited Lifted by Zacks Research

BankUnited, Inc. (NYSE:BKU - Free Report) - Investment analysts at Zacks Research lifted their FY2026 earnings estimates for shares of BankUnited in a research report issued on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $2.98 for the year, up from their previous forecast of $2.97. The consensus estimate for BankUnited's current full-year earnings is $2.89 per share.

BankUnited (NYSE:BKU - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.07. BankUnited had a return on equity of 8.09% and a net margin of 9.06%. The business had revenue of $515.24 million during the quarter, compared to analysts' expectations of $258.65 million. During the same quarter in the previous year, the firm earned $0.63 EPS.

Several other research firms have also recently commented on BKU. Wells Fargo & Company raised BankUnited from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $38.00 to $48.00 in a report on Wednesday, November 13th. Royal Bank of Canada reiterated a "sector perform" rating and set a $37.00 price target on shares of BankUnited in a research note on Wednesday, October 23rd. Citigroup dropped their price objective on shares of BankUnited from $42.00 to $39.00 and set a "neutral" rating for the company in a research note on Wednesday, September 11th. Wedbush lifted their target price on shares of BankUnited from $39.00 to $40.00 and gave the company a "neutral" rating in a research report on Tuesday, September 24th. Finally, Barclays increased their price target on shares of BankUnited from $35.00 to $39.00 and gave the stock an "equal weight" rating in a research report on Friday, September 27th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $37.40.

BankUnited Stock Performance

Shares of NYSE:BKU traded up $0.48 on Monday, hitting $43.20. 901,478 shares of the company were exchanged, compared to its average volume of 820,293. The company's 50 day moving average price is $37.12 and its two-hundred day moving average price is $34.15. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 17.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.88 and a current ratio of 0.88. BankUnited has a one year low of $24.34 and a one year high of $44.45.

Hedge Funds Weigh In On BankUnited

Large investors have recently made changes to their positions in the company. WINTON GROUP Ltd raised its position in shares of BankUnited by 0.9% during the 2nd quarter. WINTON GROUP Ltd now owns 34,582 shares of the financial services provider's stock valued at $1,012,000 after acquiring an additional 303 shares during the last quarter. Arizona State Retirement System lifted its stake in BankUnited by 1.9% in the second quarter. Arizona State Retirement System now owns 20,821 shares of the financial services provider's stock valued at $609,000 after buying an additional 379 shares during the period. Natixis Advisors LLC boosted its holdings in BankUnited by 1.0% during the second quarter. Natixis Advisors LLC now owns 48,005 shares of the financial services provider's stock worth $1,405,000 after buying an additional 497 shares during the last quarter. GAMMA Investing LLC grew its position in shares of BankUnited by 17.4% during the 3rd quarter. GAMMA Investing LLC now owns 4,637 shares of the financial services provider's stock worth $169,000 after buying an additional 686 shares during the period. Finally, Louisiana State Employees Retirement System increased its stake in shares of BankUnited by 2.2% in the 2nd quarter. Louisiana State Employees Retirement System now owns 37,600 shares of the financial services provider's stock valued at $1,101,000 after acquiring an additional 800 shares during the last quarter. Institutional investors and hedge funds own 99.70% of the company's stock.

Insider Transactions at BankUnited

In other BankUnited news, insider Jay D. Richards sold 2,500 shares of the company's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $41.18, for a total transaction of $102,950.00. Following the transaction, the insider now owns 34,687 shares of the company's stock, valued at approximately $1,428,410.66. This represents a 6.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Thomas M. Cornish sold 10,778 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $39.11, for a total value of $421,527.58. Following the completion of the transaction, the chief operating officer now owns 100,000 shares in the company, valued at $3,911,000. The trade was a 9.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.19% of the company's stock.

BankUnited Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date was Friday, October 11th. BankUnited's dividend payout ratio is currently 47.54%.

BankUnited Company Profile

BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.