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 declared a monthly dividend on Thursday, April 19th. Stockholders 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 annualized dividend and a dividend yield of 0.33%. The ex-dividend date is Wednesday, May 2nd. View Ita� Unibanco's Dividend History.

Ita� Unibanco announced that its board has authorized a share buyback program on Tuesday, December 19th 2017, which allows the company to buyback 28,620,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Ita� Unibanco (NYSE:ITUB) announced its quarterly earnings results on Monday, February, 5th. The bank reported $0.26 earnings per share for the quarter, missing the Thomson Reuters' 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 12-month price targets for Ita� Unibanco's stock. Their forecasts range from $12.50 to $16.00. On average, they expect Ita� Unibanco's stock price to reach $14.25 in the next year. View Analyst Ratings for Ita� Unibanco.

Ita� Unibanco saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 26,892,131 shares, an increase of 30.0% from the March 30th total of 20,686,377 shares. Based on an average trading volume of 8,209,838 shares, the days-to-cover ratio is currently 3.3 days. Approximately 0.8% of the company's shares are sold short.

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 coverage about ITUB stock has been trending somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ita� Unibanco earned a news impact score of 0.21 on Accern's scale. They also assigned news headlines about the bank an impact score of 45.41 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

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 $14.50.

Ita� Unibanco has a market capitalization of $95.93 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]