BankUnited (BKU) Stock Price, News & Analysis

Company Overview

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. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, subscription finance facilities, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company offers online, mobile, and telephone banking services. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited, Inc. was incorporated in 2009 and is headquartered in Miami Lakes, Florida.

Key Stats

• Today's Range: $40.80 to $41.72
• 50-Day Range: $34.61 to $41.46
• 52-Week Range: $24.34 to $41.72
• Volume: 1.05 million shs
• Average Volume: 821,508 shs
• Market Capitalization: $3.06 billion
• P/E Ratio: 16.80
• Dividend Yield: 2.83%
• Price Target: $37.40
• Consensus Rating: Hold

BankUnited Stock Analysis - MarketRank™

BankUnited scored higher than 70% of companies evaluated by MarketBeat, and ranked 394th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

BankUnited has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 6 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

BankUnited has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.58%

Earnings Growth

Earnings for BankUnited are expected to grow by 4.58% in the coming year, from $2.84 to $2.97 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BankUnited is 16.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of BankUnited is 16.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.12.

Price to Book Value per Share Ratio

BankUnited has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.28% of the float of BankUnited has been sold short.

Short Interest Ratio / Days to Cover

BankUnited has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BankUnited has recently decreased by 7.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

BankUnited pays a meaningful dividend of 2.82%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

BankUnited does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of BankUnited is 47.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, BankUnited will have a dividend payout ratio of 39.06% next year. This indicates that BankUnited will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.28% of the float of BankUnited has been sold short.

Short Interest Ratio / Days to Cover

BankUnited has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BankUnited has recently decreased by 7.60%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.47

News Sentiment

BankUnited has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for BankUnited this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for BKU on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, BankUnited insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $524,478.00 in company stock.

Percentage Held by Insiders

Only 1.19% of the stock of BankUnited is held by insiders.

Percentage Held by Institutions

99.70% of the stock of BankUnited is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BKU Stock Analysis - Frequently Asked Questions

How have BKU shares performed this year?

BankUnited's stock was trading at $32.43 at the start of the year. Since then, BKU shares have increased by 26.4% and is now trading at $40.9950.
View the best growth stocks for 2024 here.

How were BankUnited's earnings last quarter?

BankUnited, Inc. (NYSE:BKU) issued its quarterly earnings data on Tuesday, October, 22nd. The financial services provider reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.07. The financial services provider had revenue of $515.24 million for the quarter, compared to the consensus estimate of $258.65 million. BankUnited had a net margin of 9.06% and a trailing twelve-month return on equity of 8.09%.

Who are BankUnited's major shareholders?

BankUnited's top institutional shareholders include State Street Corp (5.89%), Geode Capital Management LLC (2.30%), Charles Schwab Investment Management Inc. (2.19%) and Royce & Associates LP (1.49%). Insiders that own company stock include Thomas M Cornish, Douglas J Pauls, Jay D Richards, John N Digiacomo, Kevin A Malcolm, William S Rubenstein and A Gail Prudenti.
View institutional ownership trends.

How do I buy shares of BankUnited?

Shares of BKU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BankUnited own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BankUnited investors own include Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Home Depot (HD).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/11/2024
• Last Earnings: 10/22/2024
• Dividend Payable: 10/31/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/24/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Federal savings institutions
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:BKU
• CUSIP: 06652K10
• CIK: 1504008
• Web: www.bankunited.com
• Phone: (877) 779-2265
• Fax: 305-569-2019
• Employees: 1,616
• Year Founded: 2009

Price Target and Rating

• Average Stock Price Target: $37.40
• High Stock Price Target: $48.00
• Low Stock Price Target: $29.00
• Potential Upside/Downside: -8.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.44
• Trailing P/E Ratio: 16.80
• Forward P/E Ratio: 14.43
• P/E Growth: N/A
• Net Income: $178.67 million
• Net Margins: 9.06%
• Pretax Margin: 12.19%
• Return on Equity: 8.09%
• Return on Assets: 0.61%

Debt

• Debt-to-Equity Ratio: 1.28
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $983.26 million
• Price / Sales: 3.12
• Cash Flow: $3.69 per share
• Price / Cash Flow: 11.11
• Book Value: $34.66 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 74,749,000
• Free Float: 73,859,000
• Market Cap: $3.06 billion
• Optionable: Optionable
• Beta: 1.33