BankUnited (BKU) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BankUnited in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BKU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKU, but not buy additional shares or sell existing shares.
View BKU analyst ratings or view top-rated stocks.

6 Wall Street research analysts have issued 12-month price targets for BankUnited's shares. Their BKU share price forecasts range from $25.00 to $33.00. On average, they expect the company's share price to reach $27.83 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for BKU or view top-rated stocks among Wall Street analysts.

BankUnited's stock was trading at $33.97 at the beginning of the year. Since then, BKU stock has decreased by 32.6% and is now trading at $22.89.
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BankUnited saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 5,510,000 shares, a decrease of 5.3% from the August 15th total of 5,820,000 shares. Based on an average daily trading volume, of 832,200 shares, the short-interest ratio is currently 6.6 days. Currently, 7.5% of the shares of the company are short sold.
View BankUnited's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our BKU earnings forecast.

BankUnited, Inc. (NYSE:BKU) announced its quarterly earnings data on Tuesday, July, 25th. The financial services provider reported $0.78 EPS for the quarter, hitting analysts' consensus estimates of $0.78. The financial services provider had revenue of $488.91 million for the quarter, compared to analysts' expectations of $247.56 million. BankUnited had a net margin of 15.26% and a trailing twelve-month return on equity of 10.60%. During the same quarter in the prior year, the company posted $0.82 earnings per share.

BankUnited announced a quarterly dividend on Wednesday, September 27th. Shareholders of record on Friday, October 13th will be given a dividend of $0.27 per share on Tuesday, October 31st. This represents a $1.08 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend is Thursday, October 12th.
Read our dividend analysis for BKU.

ETFs with the largest weight of BankUnited (NYSE:BKU) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco S&P SmallCap Financials ETF (PSCF), WBI Power Factor High Dividend ETF (WBIY), First Trust Small Cap Value AlphaDEX Fund (FYT) and First Trust Active Factor Small Cap ETF (AFSM).

BankUnited (NYSE:BKU) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.80%. BKU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BKU will have a dividend payout ratio of 36.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BKU.

18 employees have rated BankUnited Chief Executive Officer Raj Singh on Glassdoor.com. Raj Singh has an approval rating of 62% among the company's employees. This puts Raj Singh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other BankUnited investors own include Citigroup (C), Wells Fargo & Company (WFC), Boeing (BA), General Motors (GM), Intel (INTC), KeyCorp (KEY), AT&T (T), Toronto-Dominion Bank (TD), Exxon Mobil (XOM) and Bank of America (BAC).

BankUnited trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKU."

Shares of BKU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BKU stock can currently be purchased for approximately $22.89.

BankUnited (NYSE:BKU) has a market capitalization of $1.70 billion and generates $1.31 billion in revenue each year. The financial services provider earns $284.97 million in net income (profit) each year or $3.42 on an earnings per share basis.

The company employs 1,636 workers across the globe.

BankUnited's mailing address is 14817 OAK LANE, MIAMI LAKES FL, 33016. The official website for the company is www.bankunited.com. The financial services provider can be reached via phone at (877) 779-2265, via email at llunak@bankunited.com, or via fax at 305-569-2019.