Itaú Unibanco Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Itaú Unibanco stock. 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 analyst ratings for Itaú Unibanco or view top-rated stocks.

Wall Street analysts have given Itaú Unibanco a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Itaú Unibanco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Itaú Unibanco saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 33,540,000 shares, an increase of 84.3% from the June 30th total of 18,200,000 shares. Based on an average daily trading volume, of 37,580,000 shares, the short-interest ratio is currently 0.9 days. Approximately 0.7% of the shares of the stock are short sold.
View Itaú Unibanco's Short Interest.

Itaú Unibanco is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Itaú Unibanco.

Itaú Unibanco Holding S.A. (NYSE:ITUB) issued its quarterly earnings data on Tuesday, May, 4th. The bank reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.11 by $0.01. The bank had revenue of $5.37 billion for the quarter, compared to the consensus estimate of $5.41 billion. Itaú Unibanco had a net margin of 11.81% and a trailing twelve-month return on equity of 15.87%.
View Itaú Unibanco's earnings history.

Itaú 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. Since then, ITUB stock has increased by 3.6% and is now trading at $5.73.
View which stocks have been most impacted by COVID-19.

Itaú Unibanco announced a monthly dividend on Monday, July 12th. Stockholders of record on Tuesday, August 3rd will be paid a dividend of $0.0029 per share on Monday, September 13th. This represents a $0.03 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Monday, August 2nd.
View Itaú Unibanco's dividend history.

Itaú Unibanco pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.64%. The dividend payout ratio of Itaú Unibanco is 10.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Itaú Unibanco will have a dividend payout ratio of 7.27% next year. This indicates that Itaú Unibanco will be able to sustain or increase its dividend.
View Itaú Unibanco's dividend history.

195 employees have rated Itaú Unibanco CEO Roberto Egydio Setubal on Glassdoor.com. Roberto Egydio Setubal has an approval rating of 98% among Itaú Unibanco's employees. This puts Roberto Egydio Setubal in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Itaú Unibanco include Sberbank of Russia (SBRCY), The Bank of Nova Scotia (BNS), Banco Bradesco (BBD), The Bank of New York Mellon (BK), Banco Bradesco (BBDO), SVB Financial Group (SIVB), State Street (STT), Deutsche Bank Aktiengesellschaft (DB), Fifth Third Bancorp (FITB), Northern Trust (NTRS), Ally Financial (ALLY), Citizens Financial Group (CFG), M&T Bank (MTB), Signature Bank (SBNY) and East West Bancorp (EWBC).
View all of ITUB's competitors.

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).

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

Itaú Unibanco's stock is owned by many different retail and institutional investors. Top institutional shareholders include Eagle Global Advisors LLC (0.00%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).

ITUB stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC.

ITUB stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd..

Shares of ITUB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ITUB stock can currently be purchased for approximately $5.73.

Itaú Unibanco has a market capitalization of $53.78 billion and generates $33.73 billion in revenue each year. The bank earns $3.67 billion in net income (profit) each year or $0.40 on an earnings per share basis.

Itaú Unibanco employs 96,540 workers across the globe.

Itaú Unibanco was founded in 2008.

The official website for Itaú Unibanco is www.itau.com.brsector.

Itaú Unibanco is headquartered at Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902.

Itaú 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]