BankUnited (NYSE:BKU) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, January 23rd.
BankUnited (NYSE:BKU) last released its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.59 by $0.03. The business had revenue of $294.59 million for the quarter, compared to analyst estimates of $273.51 million. BankUnited had a net margin of 19.82% and a return on equity of 10.23%. During the same period in the prior year, the business earned $0.47 earnings per share. On average, analysts expect BankUnited to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of BankUnited (NYSE BKU) opened at $42.95 on Friday. The company has a market cap of $4,529.19, a P/E ratio of 18.05, a PEG ratio of 1.56 and a beta of 1.09. BankUnited has a 1 year low of $30.37 and a 1 year high of $43.39. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.96 and a quick ratio of 0.96.
In related news, insider Mark Bagnoli sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $35.88, for a total transaction of $35,880.00. Following the sale, the insider now owns 19,699 shares in the company, valued at $706,800.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.10% of the stock is currently owned by company insiders.
BKU has been the topic of several research reports. Morgan Stanley reiterated an “overweight” rating and issued a $46.00 price target on shares of BankUnited in a research report on Wednesday, December 13th. Barclays reiterated a “buy” rating and issued a $42.00 price target on shares of BankUnited in a research report on Tuesday, December 5th. JPMorgan Chase & Co. lowered shares of BankUnited from a “neutral” rating to an “underweight” rating and set a $35.00 price target on the stock. in a research report on Wednesday, November 1st. BMO Capital Markets upgraded shares of BankUnited from a “market perform” rating to an “outperform” rating in a research report on Monday, November 20th. Finally, Deutsche Bank lowered their price target on shares of BankUnited from $42.00 to $40.00 and set a “hold” rating on the stock in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $42.91.
BankUnited, Inc is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.
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