BankUnited (NYSE:BKU – Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.79 per share and revenue of $267.17 million for the quarter.
BankUnited (NYSE:BKU – Get Free Report) last issued its earnings results on Monday, April 28th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. BankUnited had a return on equity of 8.66% and a net margin of 12.26%. The business had revenue of $255.41 million during the quarter, compared to the consensus estimate of $264.35 million. During the same period in the prior year, the business posted $0.64 EPS. 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 3.7%
BankUnited stock opened at $36.31 on Wednesday. The stock’s 50 day moving average price is $35.27 and its 200 day moving average price is $35.77. BankUnited has a 1-year low of $28.21 and a 1-year high of $44.45. The company has a market cap of $2.73 billion, a PE ratio of 11.28 and a beta of 1.29. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.84 and a quick ratio of 0.84.
BankUnited Announces Dividend
Insider Transactions at BankUnited
In other news, CFO Leslie Lunak sold 22,776 shares of the business’s stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $33.56, for a total value of $764,362.56. Following the completion of the transaction, the chief financial officer owned 59,899 shares of the company’s stock, valued at $2,010,210.44. The trade was a 27.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John N. Digiacomo sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $34.43, for a total transaction of $34,430.00. Following the transaction, the director directly owned 14,516 shares in the company, valued at $499,785.88. The trade was a 6.44% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.15% of the company’s stock.
Institutional Investors Weigh In On BankUnited
Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in BankUnited during the first quarter worth about $9,100,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BankUnited by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 44,380 shares of the financial services provider’s stock valued at $1,528,000 after buying an additional 1,934 shares during the period. Royal Bank of Canada increased its stake in shares of BankUnited by 15.3% during the 1st 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 last quarter. Finally, Strs Ohio purchased a new position in shares of BankUnited during the 1st quarter worth about $28,000. Institutional investors and hedge funds own 99.70% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on BKU. Citigroup boosted their price objective on shares of BankUnited from $36.00 to $38.00 and gave the stock a “neutral” rating in a report on Wednesday, July 2nd. Barclays upped their price target on BankUnited from $38.00 to $41.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 8th. Hovde Group reduced their price objective on BankUnited from $46.00 to $44.00 and set an “outperform” rating for the company in a report on Tuesday, March 25th. The Goldman Sachs Group decreased their target price on BankUnited from $38.00 to $34.00 and set a “sell” rating on the stock in a research report on Wednesday, April 30th. Finally, Wall Street Zen cut BankUnited from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $40.58.
Read Our Latest Research Report on BankUnited
About BankUnited
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.
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