Itaú Unibanco Stock Price, News & Analysis (NYSE:ITUB) $6.40 -0.06 (-0.93%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$6.36▼$6.4950-Day Range$5.14▼$6.4752-Week Range$4.21▼$6.49Volume17.70 million shsAverage Volume22.46 million shsMarket Capitalization$62.72 billionP/E Ratio10.16Dividend Yield7.03%Price Target$6.10 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Itaú Unibanco MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.7% Downside$6.10 Price TargetShort InterestHealthy0.53% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.18Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth9.59%From $0.73 to $0.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 stars 1.0 Analyst's Opinion Consensus RatingItaú Unibanco has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.10, Itaú Unibanco has a forecasted downside of 4.7% from its current price of $6.40.Amount of Analyst CoverageItaú Unibanco has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.53% of the float of Itaú Unibanco has been sold short.Short Interest Ratio / Days to CoverItaú Unibanco has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Itaú Unibanco has recently decreased by 8.49%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldItaú Unibanco has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthItaú Unibanco has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Itaú Unibanco is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Itaú Unibanco will have a dividend payout ratio of 56.25% next year. This indicates that Itaú Unibanco will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ITUB. Previous Next 2.3 News and Social Media Coverage News SentimentItaú Unibanco has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Itaú Unibanco this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ITUB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Itaú Unibanco to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Itaú Unibanco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of Itaú Unibanco is held by insiders. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Itaú Unibanco are expected to grow by 9.59% in the coming year, from $0.73 to $0.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Itaú Unibanco is 10.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Itaú Unibanco is 10.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.14.Price to Earnings Growth RatioItaú Unibanco has a PEG Ratio of 0.77. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioItaú Unibanco has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Itaú Unibanco Stock (NYSE:ITUB)Itaú Unibanco Holding S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. operates as a subsidiary of IUPAR - Itaú Unibanco Participações S.A.Read More ITUB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ITUB Stock News HeadlinesDecember 6, 2023 | americanbankingnews.comGerman American Bancorp (NASDAQ:GABC) and Itaú Unibanco (NYSE:ITUB) Head-To-Head ComparisonDecember 5, 2023 | msn.comItaú (ITUB4) divulga valor por ação de proventos aos acionistas; confiraDecember 7, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 5, 2023 | finance.yahoo.comBrazil’s Largest Bank Itaú Unibanco Launches Crypto Trading ServicesDecember 1, 2023 | finance.yahoo.comItau Unibanco Holding SA's Dividend AnalysisNovember 30, 2023 | americanbankingnews.comAnalyzing State Street (NYSE:STT) and Itaú Unibanco (NYSE:ITUB)November 24, 2023 | finance.yahoo.comItaú Unibanco Holding S.A. - MATERIAL FACT - Payment of interest on capitalNovember 15, 2023 | seekingalpha.comItaú Unibanco: Q3 Earnings, Top Quality And Above-Average EfficiencyDecember 7, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.November 8, 2023 | insidermonkey.comItaú Unibanco Holding S.A. (NYSE:ITUB) Q3 2023 Earnings Call TranscriptNovember 7, 2023 | seekingalpha.comItaú Unibanco: Bullish With Multiple Growth Tailwinds Into 2024November 7, 2023 | seekingalpha.comItaú Unibanco Holding S.A. (ITUB) Q3 2023 Earnings Conference Call TranscriptNovember 7, 2023 | seekingalpha.comItaú Unibanco Holding S.A. 2023 Q3 - Results - Earnings Call PresentationNovember 6, 2023 | msn.comItaú Unibanco (ITUB4): lucro recorrente gerencial de R$ 9,04 bilhões no 3T23, alta de 11,9%November 6, 2023 | finance.yahoo.comITAÚ UNIBANCO MATERIAL FACT: PROJECTIONSNovember 3, 2023 | msn.comItau Unibanco (ITUB4) terá trimestre de rendimentos sólidos, esperam analistasNovember 3, 2023 | finance.yahoo.comITAÚ UNIBANCO 3Q23 ResultsOctober 31, 2023 | finance.yahoo.comBanco Itau Chile Sponsored ADR (ITCL) Misses Q3 Earnings EstimatesOctober 24, 2023 | markets.businessinsider.comItaú Unibanco and Inswitch introduce 'Pix no mundo': the innovative solution for cross-border payments in Latin AmericaOctober 18, 2023 | finance.yahoo.comItau’s Citadel-Inspired Unit Raising $2 Billion for New FundsOctober 5, 2023 | benzinga.com(ITUB) - Analyzing Itau Unibanco Holding's Short InterestSeptember 27, 2023 | finance.yahoo.com3 Reasons Growth Investors Will Love Banco Itau (ITUB)September 27, 2023 | uk.style.yahoo.com6 Reasons Why Itau Unibanco (ITUB) Stock is Worth Betting onSeptember 20, 2023 | finance.yahoo.comBanco Itau's stock sees 17.41% year-to-date increase, dividend growth promisingSeptember 11, 2023 | finance.yahoo.comHere is Why Growth Investors Should Buy Banco Itau (ITUB) NowAugust 25, 2023 | finance.yahoo.comItau Unibanco (ITUB) to Sell Shares in BIA to Marco for R$250MAugust 24, 2023 | finance.yahoo.com3 Reasons Why Growth Investors Shouldn't Overlook Banco Itau (ITUB)See More Headlines Receive ITUB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Itaú Unibanco and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 12/11 Dividend11/01/2023Last Earnings11/06/2023Ex-Dividend for 1/12 Dividend12/01/2023Today12/06/2023Dividend Payable12/11/2023Fiscal Year End12/31/2023Dividend Payable1/12/2024Next Earnings (Estimated)2/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:ITUB CUSIPN/A CIK1132597 Webwww.itau.com.brsector Phone551127943547Fax55-11-2794-3933Employees99,598Year Founded2008Price Target and Rating Average Stock Price Target$6.10 High Stock Price Target$6.10 Low Stock Price Target$6.10 Potential Upside/Downside-4.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.63 Trailing P/E Ratio10.16 Forward P/E Ratio8.77 P/E Growth0.77Net Income$5.75 billion Net Margins9.79% Pretax Margin11.69% Return on Equity17.41% Return on Assets1.34% Debt Debt-to-Equity Ratio2.33 Current Ratio1.58 Quick Ratio1.58 Sales & Book Value Annual Sales$154.00 billion Price / Sales0.41 Cash Flow$0.71 per share Price / Cash Flow9.03 Book Value$3.51 per share Price / Book1.82Miscellaneous Outstanding Shares9,800,000,000Free FloatN/AMarket Cap$62.72 billion OptionableOptionable Beta0.89 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Milton Maluhy Filho (Age 46)CEO & Member of Executive Board Mr. Alexsandro Broedel Lopes (Age 49)CFO & Member of Executive Board Mr. Matias Granata (Age 48)Chief Risk Officer & Member of Executive Board Mr. Jose Virgilio Vita Neto (Age 45)Member of Executive Board Mr. Carlos Fernando Rossi Constantini (Age 49)Member of Executive Board Mr. Andre Sapoznik (Age 51)Executive VP of IT & Operations and Head of New Payments Unit Mr. Pedro Paulo Giubbina Lorenzini (Age 55)Executive Officer & Member of Executive Board Mr. Alexandre Grossmann Zancani (Age 46)Member of Executive Board Mr. André Luís Teixeira RodriguesMember of Executive BoardMr. Flavio Augusto Aguiar de SouzaMember of Executive BoardMore ExecutivesKey CompetitorsNortheast BankNASDAQ:NBNA SPAC II AcquisitionNASDAQ:ASCBWabrdn National Municipal Income FundNYSE:VFLAchari Ventures Holdings Corp. INASDAQ:AVHIWAetherium AcquisitionNASDAQ:GMFIWView All CompetitorsInstitutional OwnershipCitigroup Inc.Bought 11,237 shares on 12/6/2023Ownership: 0.000%American Century Companies Inc.Bought 97,129 shares on 11/30/2023Ownership: 0.000%Deutsche Bank AGSold 284,480 shares on 11/24/2023Ownership: 0.000%Graham Capital Management L.P.Bought 57,274 shares on 11/22/2023Ownership: 0.000%Walleye Capital LLCBought 10,000 shares on 11/21/2023Ownership: 0.000%View All Institutional Transactions ITUB Stock Analysis - Frequently Asked Questions Should I buy or sell Itaú Unibanco stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ITUB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ITUB, but not buy additional shares or sell existing shares. View ITUB analyst ratings or view top-rated stocks. What is Itaú Unibanco's stock price target for 2024? 2 brokers have issued 12-month target prices for Itaú Unibanco's stock. Their ITUB share price targets range from $6.10 to $6.10. On average, they predict the company's share price to reach $6.10 in the next year. This suggests that the stock has a possible downside of 4.7%. View analysts price targets for ITUB or view top-rated stocks among Wall Street analysts. How have ITUB shares performed in 2023? Itaú Unibanco's stock was trading at $4.71 on January 1st, 2023. Since then, ITUB stock has increased by 35.9% and is now trading at $6.40. View the best growth stocks for 2023 here. Are investors shorting Itaú Unibanco? Itaú Unibanco saw a drop in short interest in November. As of November 15th, there was short interest totaling 25,540,000 shares, a drop of 8.5% from the October 31st total of 27,910,000 shares. Based on an average daily trading volume, of 15,670,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.5% of the shares of the stock are sold short. View Itaú Unibanco's Short Interest. When is Itaú Unibanco's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024. View our ITUB earnings forecast. How were Itaú Unibanco's earnings last quarter? Itaú Unibanco Holding S.A. (NYSE:ITUB) posted its earnings results on Monday, November, 6th. The bank reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.02. The bank had revenue of $8.28 billion for the quarter, compared to the consensus estimate of $8.01 billion. Itaú Unibanco had a trailing twelve-month return on equity of 17.41% and a net margin of 9.79%. How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco? Itaú Unibanco declared a monthly dividend on Friday, November 24th. Stockholders of record on Friday, December 8th will be paid a dividend of $0.0505 per share on Sunday, March 10th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 9.46%. The ex-dividend date is Thursday, December 7th. This is an increase from the stock's previous monthly dividend of $0.00. Read our dividend analysis for ITUB. Is Itaú Unibanco a good dividend stock? Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.45 per share and currently has a dividend yield of 0.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 56.25% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ITUB. What ETFs hold Itaú Unibanco's stock? ETFs with the largest weight of Itaú Unibanco (NYSE:ITUB) stock in their portfolio include iShares Latin America 40 ETF (ILF), Avantis Emerging Markets Value ETF (AVES), Avantis Responsible Emerging Markets Equity ETF (AVSE) and SPDR Portfolio Emerging Markets ETF (SPEM).Avantis Emerging Markets Equity ETF (AVEM). What is Roberto Egydio Setubal's approval rating as Itaú Unibanco's CEO? 195 employees have rated Itaú Unibanco Chief Executive Officer Roberto Egydio Setubal on Glassdoor.com. Roberto Egydio Setubal has an approval rating of 98% among the company's employees. This puts Roberto Egydio Setubal in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Itaú Unibanco own? Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Unibanco investors own include Bank of America (BAC), Coty (COTY), Petróleo Brasileiro S.A. - Petrobras (PBR), Exxon Mobil (XOM), Intel (INTC), Pfizer (PFE), AT&T (T), Bristol-Myers Squibb (BMY), Ford Motor (F) and Cisco Systems (CSCO). Who are Itaú Unibanco's major shareholders? Itaú Unibanco's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (0.00%), Westwood Global Investments LLC (0.00%), Perpetual Ltd (0.00%), Robeco Institutional Asset Management B.V. (0.00%), Itau Unibanco Holding S.A. (0.00%) and ANTIPODES PARTNERS Ltd (0.00%). How do I buy shares of Itaú Unibanco? Shares of ITUB 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. Compare Top Brokerages Here. This page (NYSE:ITUB) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Itaú Unibanco Holding S.A. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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