BankUnited (NYSE:BKU) Director Sells 3,000 Shares of Stock

Key Points

• Director Douglas Pauls sold 3,000 BankUnited shares at an average price of $47.90, generating $143,700 and reducing his direct holdings by 6.6% to 42,472 shares.
• BankUnited’s stock was trading near $47.79, while its latest quarterly results missed estimates: EPS was $0.97 versus $1.00 expected, and revenue was $284.57 million versus $290.33 million forecast.
• The company maintains a quarterly dividend of $0.33 per share, equivalent to a 2.8% yield, but analysts’ consensus rating remains “Hold” with an average price target of $51.64.

BankUnited, Inc. (NYSE:BKU - Get Free Report) Director Douglas Pauls sold 3,000 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $47.90, for a total value of $143,700.00. Following the transaction, the director directly owned 42,472 shares in the company, valued at approximately $2,034,408.80. The trade was a 6.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

BankUnited Trading Up 0.7%

NYSE BKU traded up $0.34 during trading on Thursday, hitting $47.79. The stock had a trading volume of 338,924 shares, compared to its average volume of 897,827. The company has a market capitalization of $3.40 billion, a PE ratio of 13.09 and a beta of 1.18. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.54. The firm has a 50 day moving average price of $47.82 and a 200 day moving average price of $47.08. BankUnited, Inc. has a twelve month low of $35.10 and a twelve month high of $52.11.

BankUnited (NYSE:BKU - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.03). BankUnited had a return on equity of 9.13% and a net margin of 14.76%.The business had revenue of $284.57 million for the quarter, compared to analyst estimates of $290.33 million. During the same period in the prior year, the company posted $0.91 EPS. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, equities research analysts forecast that BankUnited, Inc. will post 4.09 earnings per share for the current year.

BankUnited Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 10th were issued a dividend of $0.33 per share. The ex-dividend date was Friday, July 10th. This represents a $1.32 dividend on an annualized basis and a yield of 2.8%. BankUnited's dividend payout ratio is 36.16%.

Institutional Trading of BankUnited

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in BankUnited during the second quarter worth approximately $518,492,000. HoldCo Asset Management LP grew its position in shares of BankUnited by 277.3% in the 4th quarter. HoldCo Asset Management LP now owns 3,535,282 shares of the financial services provider's stock valued at $157,568,000 after buying an additional 2,598,382 shares during the last quarter. Artemis Investment Management LLP purchased a new position in shares of BankUnited in the 4th quarter valued at $73,655,000. Millennium Management LLC raised its stake in BankUnited by 1,066.9% during the 4th quarter. Millennium Management LLC now owns 1,399,655 shares of the financial services provider's stock worth $62,383,000 after acquiring an additional 1,279,712 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in BankUnited during the 2nd quarter worth $46,177,000. 99.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Cantor Fitzgerald reiterated an "overweight" rating and issued a $56.00 price objective on shares of BankUnited in a research note on Wednesday, July 15th. Raymond James Financial reissued an "outperform" rating on shares of BankUnited in a research note on Wednesday, April 22nd. Wells Fargo & Company initiated coverage on BankUnited in a report on Monday. They set an "overweight" rating and a $54.00 price target on the stock. Weiss Ratings raised BankUnited from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, May 29th. Finally, Royal Bank Of Canada lowered their price objective on BankUnited from $53.00 to $50.00 and set a "sector perform" rating for the company in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, BankUnited presently has an average rating of "Hold" and an average price target of $51.64.

Key BankUnited News

Here are the key news stories impacting BankUnited this week:

• Positive Sentiment: Zacks raised its Q2 2028 EPS forecast to $1.38 from $1.36, indicating modestly improved expectations for that quarter.
• Neutral Sentiment: Zacks maintained its estimate of $4.09 EPS for the current year. Its forecasts imply earnings growth to $4.53 in fiscal 2027 and $5.33 in fiscal 2028, although those longer-term figures were also revised lower.
• Negative Sentiment: The broader revision trend was unfavorable. Zacks cut its Q3 2026 EPS forecast to $1.07 from $1.15 and Q4 2026 to $1.17 from $1.30, reducing expected second-half earnings momentum.
• Negative Sentiment: Forecasts were also lowered for Q1 2027 to $1.09 from $1.12, Q2 2027 to $1.11 from $1.12, Q3 2027 to $1.13 from $1.17, and Q4 2027 to $1.21 from $1.28. The full-year 2027 estimate declined to $4.53 from $4.68.
• Negative Sentiment: Zacks reduced its Q1 2028 forecast to $1.28 from $1.33 and fiscal 2028 EPS to $5.33 from $5.69. These cuts may weigh on sentiment because they point to lower profitability expectations beyond the current year.

BankUnited Company Profile

BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.

The bank's lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.

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