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5 Trends You Need to Know This Quarter
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Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
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Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
NYSE:ITUB

Itaú Unibanco (ITUB) Stock Price, News & Analysis

$6.35
-0.10 (-1.55%)
(As of 04/12/2024 ET)
Today's Range
$6.31
$6.38
50-Day Range
$6.35
$7.23
52-Week Range
$4.85
$7.27
Volume
16.37 million shs
Average Volume
13.11 million shs
Market Capitalization
$62.23 billion
P/E Ratio
9.34
Dividend Yield
0.47%
Price Target
$7.05

Itaú Unibanco MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
11.0% Upside
$7.05 Price Target
Short Interest
Healthy
0.43% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
7.32%
From $0.82 to $0.88 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.31 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

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See More Headlines
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Company Calendar

Last Earnings
2/05/2024
Ex-Dividend for 5/9 Dividend
3/28/2024
Today
4/13/2024
Ex-Dividend for 6/10 Dividend
5/02/2024
Dividend Payable
5/09/2024
Next Earnings (Estimated)
5/13/2024
Dividend Payable
6/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$7.05
High Stock Price Target
$8.00
Low Stock Price Target
$6.10
Potential Upside/Downside
+11.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$6.63 billion
Pretax Margin
12.63%

Debt

Sales & Book Value

Annual Sales
$147.97 billion
Cash Flow
$0.70 per share
Book Value
$3.51 per share

Miscellaneous

Outstanding Shares
9,800,000,000
Free Float
N/A
Market Cap
$62.23 billion
Optionable
Optionable
Beta
0.92

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Key Executives

  • Mr. Milton Maluhy FilhoMr. Milton Maluhy Filho (Age 47)
    CEO & Member of Executive Board
  • Mr. Alexsandro Broedel LopesMr. Alexsandro Broedel Lopes (Age 50)
    CFO & Member of Executive Board
  • Mr. Matias Granata (Age 49)
    Chief Risk Officer & Member of Executive Board
  • Mr. Jose Virgilio Vita Neto (Age 46)
    Member of Executive Board
  • Mr. Carlos Fernando Rossi Constantini (Age 50)
    Member of Executive Board
  • Mr. Andre Sapoznik (Age 52)
    Executive VP of IT & Operations and Head of New Payments Unit
  • Mr. Pedro Paulo Giubbina Lorenzini (Age 56)
    Executive Officer & Member of Executive Board
  • Mr. Alexandre Grossmann Zancani (Age 47)
    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?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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?

4 analysts have issued 12 month price objectives for Itaú Unibanco's stock. Their ITUB share price targets range from $6.10 to $8.00. On average, they anticipate the company's share price to reach $7.05 in the next year. This suggests a possible upside of 11.0% 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 2024?

Itaú Unibanco's stock was trading at $6.95 at the beginning of 2024. Since then, ITUB shares have decreased by 8.6% and is now trading at $6.35.
View the best growth stocks for 2024 here
.

Are investors shorting Itaú Unibanco?

Itaú Unibanco saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 20,820,000 shares, a decline of 28.0% from the March 15th total of 28,900,000 shares. Based on an average trading volume of 16,690,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the shares of the company 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 Monday, May 13th 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, February, 5th. The bank reported $0.19 EPS for the quarter, hitting analysts' consensus estimates of $0.19. The bank earned $7.75 billion during the quarter, compared to analyst estimates of $8.05 billion. Itaú Unibanco had a net margin of 10.48% and a trailing twelve-month return on equity of 17.76%.

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

Itaú Unibanco announced a monthly dividend on Wednesday, April 3rd. Investors of record on Friday, May 3rd will be given a dividend of $0.003 per share on Monday, June 10th. This represents a $0.04 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date is Thursday, May 2nd.
Read our dividend analysis for ITUB
.

Is Itaú Unibanco a good dividend stock?

Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.03 per share and currently has a dividend yield of 0.56%. The dividend payout ratio is 4.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 3.41% 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 number of retail and institutional investors. Top institutional investors include Perpetual Ltd (0.00%), Symmetry Partners LLC (0.00%), Gateway Investment Advisers LLC (0.00%) and GAMMA Investing LLC (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ITUB) was last updated on 4/13/2024 by MarketBeat.com Staff

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