Q3 Earnings Forecast for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU - Free Report) - Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for BankUnited in a note issued to investors on Monday, June 9th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $0.79 per share for the quarter, down from their prior forecast of $0.80. The consensus estimate for BankUnited's current full-year earnings is $3.13 per share.

A number of other equities analysts also recently commented on BKU. Wells Fargo & Company lowered their price objective on BankUnited from $50.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, April 9th. Barclays lowered their target price on shares of BankUnited from $44.00 to $38.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Hovde Group lowered their price objective on BankUnited from $46.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, March 25th. The Goldman Sachs Group cut 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, Royal Bank of Canada lowered their price target on BankUnited from $42.00 to $40.00 and set a "sector perform" rating for the company in a report on Tuesday, April 29th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $40.42.

BankUnited Stock Down 3.0%

BKU stock traded down $1.03 during midday trading on Thursday, hitting $33.69. The company's stock had a trading volume of 295,007 shares, compared to its average volume of 792,048. The firm has a 50-day simple moving average of $33.42 and a 200-day simple moving average of $36.51. The firm has a market capitalization of $2.53 billion, a P/E ratio of 10.97 and a beta of 1.30. The company has a quick ratio of 0.88, a current ratio of 0.86 and a debt-to-equity ratio of 1.04. BankUnited has a 52-week low of $26.88 and a 52-week high of $44.45.

BankUnited (NYSE:BKU - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.04. BankUnited had a return on equity of 8.48% and a net margin of 11.48%. The company had revenue of $255.41 million during the quarter, compared to the consensus estimate of $264.35 million. During the same period in the previous year, the company posted $0.64 EPS.

Institutional Investors Weigh In On BankUnited

Several hedge funds have recently modified their holdings of BKU. Strs Ohio acquired a new stake in BankUnited during the first quarter worth approximately $28,000. Brooklyn Investment Group grew its position in shares of BankUnited by 14,050.0% in the first quarter. Brooklyn Investment Group now owns 849 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 843 shares during the period. Blue Trust Inc. grew its position in shares of BankUnited by 182.3% in the fourth quarter. Blue Trust Inc. now owns 847 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 547 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in BankUnited by 42.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 1,380 shares of the financial services provider's stock valued at $53,000 after purchasing an additional 410 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in BankUnited by 165.5% during the first quarter. Versant Capital Management Inc now owns 1,885 shares of the financial services provider's stock worth $65,000 after buying an additional 1,175 shares during the period. 99.70% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Leslie Lunak sold 22,776 shares of the firm'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 transaction of $764,362.56. Following the completion of the transaction, the chief financial officer now directly owns 59,899 shares of the company's stock, valued at $2,010,210.44. This trade represents a 27.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John N. Digiacomo sold 1,000 shares of the firm's stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $34.43, for a total value of $34,430.00. Following the transaction, the director now directly owns 14,516 shares of the company's stock, valued at $499,785.88. The trade was a 6.44% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.15% of the company's stock.

BankUnited Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Friday, April 11th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is a boost from BankUnited's previous quarterly dividend of $0.29. This represents a $1.24 dividend on an annualized basis and a yield of 3.68%. BankUnited's dividend payout ratio (DPR) is 38.51%.

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.