NYSE:ITUB Itau Unibanco Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Itau Unibanco Holding SA Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.24 -0.27 (-5.99 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$4.20Now: $4.24▼$4.4250-Day Range$4.22MA: $4.59▼$5.4552-Week Range$3.48Now: $4.24▼$9.40Volume44.63 million shsAverage Volume32.46 million shsMarket Capitalization$41.31 billionP/E Ratio8.48Dividend Yield0.67%Beta0.74 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Itaú Unibanco Holding S.A. provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts demand, savings, and time deposits; and offers payroll, mortgage, personal, vehicle, and corporate loans, as well as very small, small, and middle market loans. The company also provides credits cards; investment and private banking services; property, casualty, and life insurance products; reinsurance products; and private pension plans and premium bonds. In addition, it offers consumer finance credit; and capitalization, leasing, and brokerage services. As of December 31, 2017, the company operated through a network of 4,981 branches and client service branches, as well as 46,965 automated teller machines. 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. Itaú Unibanco Holding S.A. was founded in 1945 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 Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingItau Unibanco has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, Itau Unibanco has a forecasted upside of 41.5% from its current price of $4.24.Amount of Analyst CoverageItau Unibanco has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesItau Unibanco has received 395 “outperform” votes. (Add your “outperform” vote.)Underperform VotesItau Unibanco has received 390 “underperform” votes. (Add your “underperform” vote.)Community SentimentItau Unibanco has received 50.32% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Itau Unibanco and other stocks. Vote “Outperform” if you believe ITUB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ITUB will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldItau Unibanco has a dividend yield of 0.67%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthItau Unibanco has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Itau Unibanco is 4.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Itau Unibanco will have a dividend payout ratio of 6.52% next year. This indicates that Itau Unibanco will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Itau Unibanco insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 3.43% of the stock of Itau Unibanco is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Itau Unibanco are expected to grow by 31.43% in the coming year, from $0.35 to $0.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Itau Unibanco is 8.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.97.Price to Earnings Ratio vs. SectorThe P/E ratio of Itau Unibanco is 8.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.50.Price to Book Value per Share RatioItau Unibanco has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.97 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:ITUB Previous Symbol CUSIPN/A CIK1132597 Webwww.itau.com.brsector Phone55-11-2794-3547Debt Debt-to-Equity Ratio2.20 Current Ratio1.67 Quick Ratio1.67Price-To-Earnings Trailing P/E Ratio8.48 Forward P/E Ratio12.11 P/E GrowthN/A Sales & Book Value Annual Sales$46.91 billion Price / Sales0.88 Cash Flow$0.77 per share Price / Cash Flow5.51 Book Value$3.89 per share Price / Book1.09Profitability EPS (Most Recent Fiscal Year)$0.71 Net Income$6.87 billion Net Margins10.11% Return on Equity15.43% Return on Assets1.28%Miscellaneous Employees94,881 Outstanding Shares9,743,250,000Market Cap$41.31 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $4.24 -0.27 (-5.99 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ITUB News and Ratings via Email Sign-up to receive the latest news and ratings for ITUB and its competitors with MarketBeat's FREE daily newsletter. Itau Unibanco (NYSE:ITUB) Frequently Asked Questions How has Itau Unibanco's stock been impacted by COVID-19 (Coronavirus)? Itau Unibanco's stock was trading at $5.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ITUB shares have decreased by 23.3% and is now trading at $4.24. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Itau Unibanco? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itau Unibanco in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Itau Unibanco. When is Itau Unibanco's next earnings date? Itau Unibanco is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Itau Unibanco. How were Itau Unibanco's earnings last quarter? Itau Unibanco Holding SA (NYSE:ITUB) released its earnings results on Monday, August, 3rd. The bank reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by $0.03. The bank had revenue of $4.56 billion for the quarter, compared to analyst estimates of $5.57 billion. Itau Unibanco had a return on equity of 15.43% and a net margin of 10.11%. View Itau Unibanco's earnings history. How often does Itau Unibanco pay dividends? What is the dividend yield for Itau Unibanco? Itau Unibanco announced a monthly dividend on Thursday, September 17th. Investors of record on Friday, October 2nd will be given a dividend of $0.0029 per share on Friday, November 13th. This represents a $0.03 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, October 1st. This is a boost from Itau Unibanco's previous monthly dividend of $0.00. View Itau Unibanco's dividend history. What price target have analysts set for ITUB? 3 equities research analysts have issued 12-month price targets for Itau Unibanco's stock. Their forecasts range from $6.00 to $6.00. On average, they expect Itau Unibanco's share price to reach $6.00 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for Itau Unibanco. Who are some of Itau Unibanco's key competitors? Some companies that are related to Itau Unibanco include SBERBANK RUSSIA/S (SBRCY), Bank of Nova Scotia (BNS), Banco Bradesco (BBD), Bank of New York Mellon (BK), BANCO BRADESCO/S (BBDO), State Street (STT), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), Citizens Financial Group (CFG), Ally Financial (ALLY), Commerce Bancshares (CBSH) and East West Bancorp (EWBC). View all competitors. What other stocks do shareholders of Itau Unibanco own? Based on aggregate information from My MarketBeat watchlists, some companies that other Itau Unibanco investors own include Bank of America (BAC), PETROLEO BRASIL/ADR (PBR), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), Ford Motor (F), General Electric (GE), Gilead Sciences (GILD), Pfizer (PFE) and Johnson & Johnson (JNJ). Who are Itau Unibanco's key executives? Itau Unibanco's management team includes the following people: Mr. Candido Botelho Bracher, CEO, Exec. Pres & Member of Board of Exec. Officers (Age 61)Mr. Milton Maluhy Filho, CFO, VP of Risk & Fin. Control Area and Member of Board of Exec. OfficersMs. Claudia Politanski, Exec. VP & Member of Board of Exec. Officers (Age 49)Mr. Jay Bum Ahn, Wholesale Gen. Director & & Member of Board of Exec. Officers (Age 56)Mr. Emerson Macedo Bortoloto, Officer & Member of the Board of Exec. Officers (Age 42) What is Itau Unibanco's stock symbol? Itau Unibanco trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITUB." Who are Itau Unibanco's major shareholders? Itau Unibanco's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (0.47%), FMR LLC (0.47%), Westwood Global Investments LLC (0.46%), WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST (0.29%), Fisher Asset Management LLC (0.29%) and Macquarie Group Ltd. (0.13%). Which major investors are selling Itau Unibanco stock? ITUB stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Mondrian Investment Partners LTD, Banco Santander S.A., Vanguard Group Inc., Bank of America Corp DE, GW&K Investment Management LLC, Thomas White International Ltd., and Bank of Montreal Can. Which major investors are buying Itau Unibanco stock? ITUB stock was purchased by a variety of institutional investors in the last quarter, including WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST, FMR LLC, Westwood Global Investments LLC, Envestnet Asset Management Inc., Canada Pension Plan Investment Board, Todd Asset Management LLC, US Bancorp DE, and Russell Investments Group Ltd.. How do I buy shares of Itau Unibanco? Shares of ITUB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Itau Unibanco's stock price today? One share of ITUB stock can currently be purchased for approximately $4.24. How big of a company is Itau Unibanco? Itau Unibanco has a market capitalization of $41.31 billion and generates $46.91 billion in revenue each year. The bank earns $6.87 billion in net income (profit) each year or $0.71 on an earnings per share basis. Itau Unibanco employs 94,881 workers across the globe. What is Itau Unibanco's official website? The official website for Itau Unibanco is www.itau.com.brsector. How can I contact Itau Unibanco? Itau Unibanco's mailing address is Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902. The bank can be reached via phone at 55-11-2794-3547 or via email at [email protected] This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
