S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Closing prices for crude oil, gold and other commodities
The gold catalyst we’ve waited for (Ad)
MarketBeat Week in Review – 3/20 - 3/24
Germany, EU reach agreement in combustion engine row
Urgent Warning (Ad)
Bank failures and rescue test Yellen's decades of experience
Intel co-founder, philanthropist Gordon Moore dies at 94
Urgent Warning (Ad)
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
NYSE:ITUB

Itaú Unibanco - ITUB Stock Forecast, Price & News

$4.37
+0.09 (+2.10%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$4.24
$4.43
50-Day Range
$4.33
$5.15
52-Week Range
$3.90
$6.07
Volume
28.19 million shs
Average Volume
36.60 million shs
Market Capitalization
$42.83 billion
P/E Ratio
7.53
Dividend Yield
0.69%
Price Target
$7.00

Itaú Unibanco MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
60.2% Upside
$7.00 Price Target
Short Interest
Healthy
0.45% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of Itaú Unibanco in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.59%
From $0.69 to $0.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.97 out of 5 stars

Finance Sector

114th out of 868 stocks

State Commercial Banks Industry

32nd out of 179 stocks


ITUB stock logo

About Itaú Unibanco (NYSE:ITUB) Stock

Itaú Unibanco Holding SA provides financial products and services to individual and corporate clients in Brazil and abroad. It operates through the following segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. The Retail Banking segment includes credit cards, asset management, insurance, pension plan and capitalization products, and a variety of credit products and services for individuals and small companies. The Wholesale Bank segment offers corporate and investment banking activities, including its middle-market banking business. The Activities with the Market and Corporation segment deals with the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debts. The company was founded in 1924 and is headquartered in São Paulo, Brazil.

Receive ITUB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Itaú Unibanco and its competitors with MarketBeat's FREE daily newsletter.

ITUB Stock News Headlines

Why Wall Street Loves These 3 Penny Stocks (ITUB)
Here are three penny stocks that check three important boxes: 1) well-covered by the Street, 2) bullish analyst sentiment and 3) good upside.
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
ITAÚ UNIBANCO HOLDING S.A.
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
First Week of ITUB April 21st Options Trading
ITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2023
ITUB or HDB: Which Is the Better Value Stock Right Now?
Why Itau Unibanco (ITUB) Stock Is Up Today
Short Volatility Alert: Itau Unibanco
Short Volatility Alert: Itau Unibanco
See More Headlines
Receive ITUB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Itaú Unibanco and its competitors with MarketBeat's FREE daily newsletter.

ITUB Company Calendar

Last Earnings
11/03/2020
Ex-Dividend for 4/13 Dividend
3/01/2023
Today
3/25/2023
Ex-Dividend for 5/12 Dividend
4/03/2023
Dividend Payable
4/13/2023
Next Earnings (Estimated)
5/08/2023
Dividend Payable
5/12/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
99,598
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$7.00
High Stock Price Forecast
$7.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+60.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$5.75 billion
Pretax Margin
13.24%

Debt

Sales & Book Value

Annual Sales
$54.88 billion
Cash Flow
$0.69 per share
Book Value
$3.51 per share

Miscellaneous

Outstanding Shares
9,800,000,000
Free Float
9,740,220,000
Market Cap
$42.83 billion
Optionable
Optionable
Beta
0.66

Social Links


Key Executives

  • Milton Maluhy FilhoMilton Maluhy Filho
    Chief Executive Officer
  • Alexsandro Broedel LopesAlexsandro Broedel Lopes
    Chief Financial Officer
  • Ricardo Ribeiro Mandacaru Guerra
    Chief Information Officer
  • Andre Balestrin Cestare
    Head-Financial Planning
  • Tatiana Grecco
    Head-Capital Market & Liquidity Risk Department













ITUB Stock - Frequently Asked Questions

Should I buy or sell Itaú Unibanco stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ITUB shares.
View ITUB analyst ratings
or view top-rated stocks.

What is Itaú Unibanco's stock price forecast for 2023?

3 Wall Street analysts have issued 1-year target prices for Itaú Unibanco's stock. Their ITUB share price forecasts range from $7.00 to $7.00. On average, they anticipate the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 60.2% from the stock's current price.
View analysts price targets for ITUB
or view top-rated stocks among Wall Street analysts.

How have ITUB shares performed in 2023?

Itaú Unibanco's stock was trading at $4.71 on January 1st, 2023. Since then, ITUB shares have decreased by 7.2% and is now trading at $4.37.
View the best growth stocks for 2023 here
.

Are investors shorting Itaú Unibanco?

Itaú Unibanco saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 21,920,000 shares, a drop of 36.9% from the February 13th total of 34,740,000 shares. Based on an average daily trading volume, of 32,920,000 shares, the short-interest ratio is presently 0.7 days. Approximately 0.5% of the company's stock are sold short.
View Itaú Unibanco's Short Interest
.

When is Itaú Unibanco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our ITUB earnings forecast
.

How were Itaú Unibanco's earnings last quarter?

Itaú Unibanco Holding S.A. (NYSE:ITUB) released its earnings results on Tuesday, November, 3rd. The bank reported $0.10 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The bank had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $5.46 billion. Itaú Unibanco had a trailing twelve-month return on equity of 17.95% and a net margin of 10.51%.

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

Itaú Unibanco declared a Variable dividend on Tuesday, March 14th. Shareholders of record on Monday, March 27th will be given a dividend of $0.037 per share on Monday, September 11th. The ex-dividend date of this dividend is Friday, March 24th. This is an increase from the stock's previous Variable dividend of $0.01.
Read our dividend analysis for ITUB
.

What ETFs hold Itaú Unibanco's stock?
Is Itaú Unibanco a good dividend stock?

Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.03 per share and currently has a dividend yield of 0.68%. The dividend payout ratio is 5.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 3.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITUB.

What is Roberto Egydio Setubal's approval rating as Itaú Unibanco's CEO?

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

What other stocks do shareholders of Itaú Unibanco own?

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).

What is Itaú Unibanco's stock symbol?

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

Who are Itaú Unibanco's major shareholders?

Itaú Unibanco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (0.94%), Westwood Global Investments LLC (0.64%), Pendal Group Ltd (0.53%), National Bank of Canada FI (0.49%), Franklin Resources Inc. (0.34%) and Robeco Institutional Asset Management B.V. (0.30%).

How do I buy shares of Itaú Unibanco?

Shares of ITUB stock 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.

What is Itaú Unibanco's stock price today?

One share of ITUB stock can currently be purchased for approximately $4.37.

How much money does Itaú Unibanco make?

Itaú Unibanco (NYSE:ITUB) has a market capitalization of $42.83 billion and generates $54.88 billion in revenue each year. The bank earns $5.75 billion in net income (profit) each year or $0.58 on an earnings per share basis.

How many employees does Itaú Unibanco have?

The company employs 99,598 workers across the globe.

How can I contact Itaú Unibanco?

Itaú Unibanco's mailing address is Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902. The official website for the company is www.itau.com.brsector. The bank can be reached via phone at 551127943547, via email at investor.relations@itau-unibanco.com, or via fax at 55-11-2794-3933.

This page (NYSE:ITUB) was last updated on 3/25/2023 by MarketBeat.com Staff