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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
66,000% upside on tiny biotech? (Ad)
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Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
66,000% upside on tiny biotech? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
66,000% upside on tiny biotech? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
66,000% upside on tiny biotech? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Billionaire Ryan Cohen takes over as CEO at GameStop, adding to chairman role
66,000% upside on tiny biotech? (Ad)
Liverpool owner FSG announces minority investment by New York equity firm
3 Reasons Micron is a Buy on Market Weakness
NYSE:ITUB

Itaú Unibanco (ITUB) Stock Forecast, Price & News

$5.36
+0.14 (+2.68%)
(As of 09/28/2023 ET)
Compare
Today's Range
$5.22
$5.40
50-Day Range
$5.23
$6.06
52-Week Range
$4.21
$6.15
Volume
15.24 million shs
Average Volume
24.34 million shs
Market Capitalization
N/A
P/E Ratio
8.65
Dividend Yield
4.29%
Price Target
$7.00

Itaú Unibanco MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
30.6% Upside
$7.00 Price Target
Short Interest
Healthy
0.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Itaú Unibanco in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.85%
From $0.73 to $0.78 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars


ITUB stock logo

About Itaú Unibanco (NYSE:ITUB) Stock

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 Price History

ITUB Stock News Headlines

3 Reasons Growth Investors Will Love Banco Itau (ITUB)
6 Reasons Why Itau Unibanco (ITUB) Stock is Worth Betting on
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
ITAÚ UNIBANCO - Projections
ITAÚ UNIBANCO - Projeções
Here's what Wall Street expects from Itau Unibanco's earnings
What Wall Street expects from Itau Unibanco's earnings
See More Headlines
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ITUB Company Calendar

Last Earnings
8/07/2023
Ex-Dividend for 10/12 Dividend
9/01/2023
Today
9/29/2023
Ex-Dividend for 11/13 Dividend
10/02/2023
Dividend Payable
10/12/2023
Next Earnings (Estimated)
11/09/2023
Dividend Payable
11/13/2023
Fiscal Year End
12/31/2023

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 Forecast
$7.00
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+30.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
3 Analysts

Profitability

Net Income
$5.75 billion
Pretax Margin
11.88%

Debt

Sales & Book Value

Annual Sales
$54.88 billion
Cash Flow
$0.72 per share
Book Value
$3.51 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
0.72

Social Links

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Key Executives

  • Mr. Milton Maluhy FilhoMr. Milton Maluhy Filho (Age 47)
    CEO & Member of Exec. Board
  • Mr. Alexsandro Broedel LopesMr. Alexsandro Broedel Lopes (Age 49)
    CFO & Member of Exec. Board
  • Mr. Matias Granata (Age 48)
    Chief Risk Officer & Member of Exec. Board
  • Mr. Jose Virgilio Vita Neto (Age 45)
    Member of Exec. Board
  • Mr. Carlos Fernando Rossi Constantini (Age 49)
    Member of Exec. Board
  • Mr. Andre Sapoznik (Age 51)
    Exec. VP of IT & Operations and Head of New Payments Unit
  • Mr. Pedro Paulo Giubbina Lorenzini (Age 55)
    Exec. Officer & Member of Exec. Board
  • Mr. Alexandre Grossmann Zancani (Age 46)
    Member of Exec. Board
  • Mr. André Luís Teixeira Rodrigues
    Member of Exec. Board
  • Mr. Flavio Augusto Aguiar de Souza
    Member of Exec. Board













ITUB Stock - Frequently Asked Questions

Should I buy or sell Itaú Unibanco stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ITUB shares.
View ITUB analyst ratings
or view top-rated stocks.

What is Itaú Unibanco's stock price forecast for 2023?

3 Wall Street research analysts have issued 1 year price targets for Itaú Unibanco's shares. Their ITUB share price forecasts range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 30.6% from the stock's current price.
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 at the beginning of 2023. Since then, ITUB shares have increased by 13.8% and is now trading at $5.36.
View the best growth stocks for 2023 here
.

Are investors shorting Itaú Unibanco?

Itaú Unibanco saw a increase in short interest in September. As of September 15th, there was short interest totaling 28,530,000 shares, an increase of 7.5% from the August 31st total of 26,540,000 shares. Based on an average trading volume of 17,590,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.6% of the company's shares are short sold.
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 Thursday, November 9th 2023.
View our ITUB earnings forecast
.

How were Itaú Unibanco's earnings last quarter?

Itaú Unibanco Holding S.A. (NYSE:ITUB) posted its quarterly earnings results on Monday, August, 7th. The bank reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. The bank had revenue of $8.11 billion for the quarter, compared to analyst estimates of $7.74 billion. Itaú Unibanco had a trailing twelve-month return on equity of 17.71% and a net margin of 10.04%.

How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco?

Itaú Unibanco announced a monthly dividend on Wednesday, September 6th. Shareholders of record on Tuesday, October 3rd will be paid a dividend of $0.003 per share on Monday, November 13th. This represents a $0.04 annualized dividend and a dividend yield of 0.67%. The ex-dividend date of this dividend is Monday, October 2nd.
Read our dividend analysis for ITUB
.

What ETFs hold Itaú Unibanco's stock?
Is Itaú Unibanco a good dividend stock?

Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.23 per share and currently has a dividend yield of 4.26%. ITUB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 29.49% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITUB.

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).

What is Itaú Unibanco's stock symbol?

Itaú Unibanco trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITUB."

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.

What is Itaú Unibanco's stock price today?

One share of ITUB stock can currently be purchased for approximately $5.36.

How many employees does Itaú Unibanco have?

The company employs 99,598 workers across the globe.

How can I contact Itaú Unibanco?

Itaú Unibanco's mailing address is Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902. The official website for the company is www.itau.com.brsector. The bank can be reached via phone at 551127943547, via email at investor.relations@itau-unibanco.com, or via fax at 55-11-2794-3933.

This page (NYSE:ITUB) was last updated on 9/29/2023 by MarketBeat.com Staff

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