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DOW   36,054.43
QQQ   385.05
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Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
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Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Energy Storage Trend Ignites Frenzy Over Vanadium Supply (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Itaú Unibanco Stock Price, News & Analysis (NYSE:ITUB)

$6.40
-0.06 (-0.93%)
(As of 12/6/2023 ET)
Compare
Today's Range
$6.36
$6.49
50-Day Range
$5.14
$6.47
52-Week Range
$4.21
$6.49
Volume
17.70 million shs
Average Volume
22.46 million shs
Market Capitalization
$62.72 billion
P/E Ratio
10.16
Dividend Yield
7.03%
Price Target
$6.10

Itaú Unibanco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.7% Downside
$6.10 Price Target
Short Interest
Healthy
0.53% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.18mentions of Itaú Unibanco in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.59%
From $0.73 to $0.80 Per Share

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


ITUB stock logo

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.

ITUB Stock Price History

ITUB Stock News Headlines

All the trading advice you’ve ever received boils down to this
All 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.
Itau Unibanco Holding SA's Dividend Analysis
Analyzing State Street (NYSE:STT) and Itaú Unibanco (NYSE:ITUB)
Henry Ford Would NEVER Have Seen This Coming
In 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.
ITAÚ UNIBANCO MATERIAL FACT: PROJECTIONS
ITAÚ UNIBANCO 3Q23 Results
3 Reasons Growth Investors Will Love Banco Itau (ITUB)
6 Reasons Why Itau Unibanco (ITUB) Stock is Worth Betting on
See More Headlines
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Company Calendar

Ex-Dividend for 12/11 Dividend
11/01/2023
Last Earnings
11/06/2023
Ex-Dividend for 1/12 Dividend
12/01/2023
Today
12/06/2023
Dividend Payable
12/11/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/12/2024
Next Earnings (Estimated)
2/06/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
99,598
Year Founded
2008

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$5.75 billion
Pretax Margin
11.69%

Debt

Sales & Book Value

Annual Sales
$154.00 billion
Cash Flow
$0.71 per share
Book Value
$3.51 per share

Miscellaneous

Outstanding Shares
9,800,000,000
Free Float
N/A
Market Cap
$62.72 billion
Optionable
Optionable
Beta
0.89

Social Links

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Key Executives

  • Mr. Milton Maluhy FilhoMr. Milton Maluhy Filho (Age 46)
    CEO & Member of Executive Board
  • Mr. Alexsandro Broedel LopesMr. 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 Rodrigues
    Member of Executive Board
  • Mr. Flavio Augusto Aguiar de Souza
    Member of Executive Board














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?
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

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