BankUnited (BKU) Projected to Post Earnings on Monday

BankUnited (NYSE:BKU) is expected to be announcing its Q1 2025 earnings results before the market opens on Monday, April 28th. Analysts expect the company to announce earnings of $0.75 per share and revenue of $264.35 million for the quarter.

BankUnited (NYSE:BKU) last issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.19. BankUnited had a return on equity of 8.48% and a net margin of 11.48%. During the same quarter in the previous year, the firm earned $0.26 earnings per share. On average, analysts expect BankUnited to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

BankUnited Stock Down 0.3 %

BKU opened at $33.56 on Friday. BankUnited has a twelve month low of $26.70 and a twelve month high of $44.45. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 10.90 and a beta of 1.20. The firm’s 50-day simple moving average is $33.69 and its 200-day simple moving average is $37.32. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.88 and a current ratio of 0.86.

BankUnited Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 3.69%. This is a boost from BankUnited’s previous quarterly dividend of $0.29. The ex-dividend date is Friday, April 11th. BankUnited’s dividend payout ratio is currently 40.26%.

Insider Buying and Selling

In other news, insider Kevin A. Malcolm sold 3,234 shares of BankUnited stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $35.18, for a total transaction of $113,772.12. Following the transaction, the insider now directly owns 12,250 shares of the company’s stock, valued at $430,955. This trade represents a 20.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sanjiv Sobti acquired 1,000 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average price of $32.83 per share, with a total value of $32,830.00. Following the transaction, the director now owns 21,782 shares in the company, valued at $715,103.06. This represents a 4.81 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.19% of the stock is owned by insiders.

Analysts Set New Price Targets

BKU has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price objective on shares of BankUnited from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, April 9th. Royal Bank of Canada increased their price target on shares of BankUnited from $42.00 to $43.00 and gave the company a “sector perform” rating in a research note on Thursday, January 23rd. Barclays dropped their price objective on shares of BankUnited from $44.00 to $38.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th. Hovde Group decreased their price objective on BankUnited from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 25th. Finally, StockNews.com downgraded BankUnited from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.18.

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.