NYSE:ITUB - Itau Unibanco Stock Price, Forecast & News

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

Itau Unibanco announced a Variable dividend on Friday, February 14th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.091 per share on Monday, March 16th. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Tuesday, February 25th. View Itau Unibanco's Dividend History.

Itau Unibanco Holding SA (NYSE:ITUB) issued 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 analysts' expectations of $7.38 billion. Itau Unibanco had a net margin of 13.88% and a return on equity of 19.12%. View Itau Unibanco's Earnings History.

Itau Unibanco is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Itau Unibanco.

6 brokers have issued 1-year price objectives for Itau Unibanco's stock. Their forecasts range from $13.50 to $13.50. On average, they expect Itau Unibanco's share price to reach $13.50 in the next year. This suggests a possible upside of 90.9% from the stock's current price. View Analyst Price Targets for Itau Unibanco.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itau Unibanco in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Itau Unibanco.

News articles about ITUB stock have been trending very negative recently, InfoTrie reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Itau Unibanco earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Itau Unibanco.

Itau Unibanco saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 22,140,000 shares, an increase of 9.9% from the January 15th total of 20,150,000 shares. Based on an average daily trading volume, of 19,330,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.5% of the shares of the company are sold short. View Itau Unibanco's Current Options Chain.

Some companies that are related to Itau Unibanco include SBERBANK RUSSIA/S (SBRCY), Bank of Nova Scotia (BNS), Banco Bradesco (BBD), BANCO BRADESCO/S (BBDO), Bank of New York Mellon (BK), State Street (STT), M&T Bank (MTB), Deutsche Bank (DB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY) and East West Bancorp (EWBC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Itau Unibanco investors own include Bank of America (BAC), Intel (INTC), Johnson & Johnson (JNJ), Vale (VALE), PETROLEO BRASIL/ADR (PBR), Exxon Mobil (XOM), NVIDIA (NVDA), Pfizer (PFE), Gilead Sciences (GILD) and IBM (IBM).

Itau Unibanco's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Schroder Investment Management Group (0.83%), Capital Research Global Investors (0.66%), Capital World Investors (0.64%), FMR LLC (0.44%), Westwood Global Investments LLC (0.43%) and Baillie Gifford & Co. (0.43%).

ITUB stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Samlyn Capital LLC, Axiom International Investors LLC DE, State Street Corp, Sei Investments Co., Russell Investments Group Ltd., Mondrian Investment Partners LTD and Franklin Resources Inc..

ITUB stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Bank of America Corp DE, Menora Mivtachim Holdings LTD., Banco Santander S.A., Baillie Gifford & Co., UBS Asset Management Americas Inc., WELLCOME TRUST LTD THE as trustee of the WELLCOME TRUST and FMR LLC.

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.

One share of ITUB stock can currently be purchased for approximately $7.07.

Itau Unibanco has a market capitalization of $68.88 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.View Additional Information About Itau Unibanco.

The official website for Itau Unibanco is http://www.itau.com.brsector/.

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]