NYSE:ITUB - Ita� Unibanco Stock Price, Price Target & More

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

Ita� Unibanco announced a monthly dividend on Thursday, April 19th. Investors of record on Thursday, May 3rd will be given a dividend of $0.004 per share on Monday, June 11th. This represents a $0.05 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date of this dividend is Wednesday, May 2nd. View Ita� Unibanco's Dividend History.

Ita� Unibanco announced that its Board of Directors has approved a share repurchase program on Tuesday, December 19th 2017, which allows the company to repurchase 28,620,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Ita� Unibanco (NYSE:ITUB) released its earnings results on Monday, February, 5th. The bank reported $0.26 EPS for the quarter, missing the consensus estimate of $0.29 by $0.03. The bank had revenue of $7.79 billion for the quarter, compared to analyst estimates of $8.49 billion. Ita� Unibanco had a net margin of 21.51% and a return on equity of 16.87%. View Ita� Unibanco's Earnings History.

Ita� Unibanco is scheduled to release their next quarterly earnings announcement on Wednesday, May, 2nd 2018. View Earnings Estimates for Ita� Unibanco.

5 brokers have issued twelve-month price objectives for Ita� Unibanco's stock. Their forecasts range from $12.50 to $16.00. On average, they expect Ita� Unibanco's share price to reach $14.25 in the next twelve months. View Analyst Ratings for Ita� Unibanco.

Ita� Unibanco saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 20,686,377 shares, an increase of 18.3% from the March 15th total of 17,493,631 shares. Based on an average daily trading volume, of 9,320,676 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.6% of the company's stock are short sold.

Some companies that are related to Ita� Unibanco include Banco Bradesco (BBD), Scotiabank (BNS), The Bank of New York Mellon (BK), State Street (STT), Banco Bradesco (BBDO), Deutsche Bank (DB), M&T Bank (MTB), Northern Trust (NTRS), Fifth Third Bank (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH) and Western Alliance Bancorporation (WAL).

Media headlines about ITUB stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ita� Unibanco earned a news impact score of 0.24 on Accern's scale. They also assigned news articles about the bank an impact score of 46.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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, Scottrade, Fidelity and Charles Schwab.

One share of ITUB stock can currently be purchased for approximately $14.73.

Ita� Unibanco has a market capitalization of $97.17 billion and generates $34.80 billion in revenue each year. The bank earns $7.49 billion in net income (profit) each year or $1.14 on an earnings per share basis. Ita� Unibanco employs 94,779 workers across the globe.

Ita� 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]