NYSE:ITUBItau Unibanco Stock Price, Forecast & News

$5.24

+0.15 (+2.95 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$4.98

Now: $5.24▼

$5.26

50-Day Range

$3.66

MA: $4.10▼

$4.83

52-Week Range

$3.48

Now: $5.24▼

$10.01

Volume3.18 million shs

Average Volume38.95 million shs

Market Capitalization$51.05 billion

P/E Ratio8.73

Dividend Yield0.66%

Beta0.88

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Itau Unibanco has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, Itau Unibanco has a potential upside of 62.2% from its current price of $5.24.
Amount of Analyst Coverage
Itau Unibanco has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Itau Unibanco has received 394 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Itau Unibanco has received 386 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Itau Unibanco has received 50.51% “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.

3.3 Dividend Strength

Dividend Leadership
Itau Unibanco is a leading dividend payer. It pays a dividend yield of 0.66%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Itau Unibanco has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Itau Unibanco is 4.23 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Itau Unibanco will have a dividend payout ratio of 6.00 % next year. This indicates that Itau Unibanco will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Itau Unibanco insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 4.42% of the stock of Itau Unibanco is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Itau Unibanco are expected to grow by 16.28% in the coming year, from $0.43 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Itau Unibanco is 8.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Itau Unibanco is 8.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.03.
Price to Book Value per Share Ratio
Itau Unibanco has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.22 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

Phone55-11-2794-3547

Debt

Debt-to-Equity Ratio2.26

Current Ratio1.71

Quick Ratio1.71

Price-To-Earnings

Trailing P/E Ratio8.73

Forward P/E Ratio12.19

P/E GrowthN/A

Sales & Book Value

Annual Sales$46.91 billion

Price / Sales1.09

Cash Flow$0.87 per share

Price / Cash Flow6.04

Book Value$3.89 per share

Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$0.71

Net Income$6.87 billion

Net Margins12.51%

Return on Equity17.17%

Return on Assets1.50%

Miscellaneous

Employees100,335

Outstanding Shares9,743,250,000

Market Cap$51.05 billion

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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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 stock has decreased by 5.2% and is now trading at $5.24. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Itau Unibanco?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itau Unibanco in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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, August 3rd 2020. View our earnings forecast for Itau Unibanco.

How were Itau Unibanco's earnings last quarter?

Itau Unibanco Holding SA (NYSE:ITUB) posted its quarterly earnings data on Wednesday, August, 3rd. The bank reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.05. The bank earned $9.03 billion during the quarter, compared to the consensus estimate of $7.38 billion. Itau Unibanco had a return on equity of 17.17% and a net margin of 12.51%. View Itau Unibanco's earnings history.

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

Itau Unibanco declared a monthly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 2nd will be paid a dividend of $0.0026 per share on Monday, July 13th. This represents a $0.03 annualized dividend and a dividend yield of 0.60%. The ex-dividend date is Monday, June 1st. View Itau Unibanco's dividend history.

What price target have analysts set for ITUB?

5 brokerages have issued 1 year price targets for Itau Unibanco's shares. Their forecasts range from $6.00 to $13.50. On average, they anticipate Itau Unibanco's stock price to reach $8.50 in the next year. This suggests a possible upside of 62.2% from the stock's current price. View analysts' price targets for Itau Unibanco.

Has Itau Unibanco been receiving favorable news coverage?

News articles about ITUB stock have trended somewhat negative on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Itau Unibanco earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutItau 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), Commerce Bancshares (CBSH), Ally Financial (ALLY) and Prosperity Bancshares (PB). 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), Intel (INTC), PETROLEO BRASIL/ADR (PBR), Gilead Sciences (GILD), Johnson & Johnson (JNJ), NVIDIA (NVDA), Exxon Mobil (XOM), Pfizer (PFE), Vale (VALE) and IBM (IBM).

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. Officers
Ms. 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 Invesco Ltd. (0.89%), Schroder Investment Management Group (0.88%), Capital World Investors (0.48%), Fisher Asset Management LLC (0.45%), Vontobel Asset Management Inc. (0.44%) and Baillie Gifford & Co. (0.43%).

Which major investors are selling Itau Unibanco stock?

ITUB stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Morgan Stanley, Morgan Stanley, Capital World Investors, BlackRock Inc., Mondrian Investment Partners LTD, APG Asset Management N.V., and APG Asset Management N.V..

Which major investors are buying Itau Unibanco stock?

ITUB stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Genesis Investment Management LLP, Franklin Resources Inc., Vontobel Asset Management Inc., Schroder Investment Management Group, WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST, Bessemer Group Inc., and INCA Investments LLC.

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 $5.24.

How big of a company is Itau Unibanco?

Itau Unibanco has a market capitalization of $51.05 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 100,335 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 6/4/2020 by MarketBeat.com Staff