NYSE:ITUB Itaú Unibanco - ITUB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Itaú Unibanco Holding S.A. Please log in to your account or sign up in order to add this asset to your watchlist. $4.37 +0.09 (+2.10%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.24▼$4.4350-Day Range$4.33▼$5.1552-Week Range$3.90▼$6.07Volume28.19 million shsAverage Volume36.60 million shsMarket Capitalization$42.83 billionP/E Ratio7.53Dividend Yield0.69%Price Target$7.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Itaú Unibanco MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside60.2% Upside$7.00 Price TargetShort InterestHealthy0.45% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.74Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth11.59%From $0.69 to $0.77 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector114th out of 868 stocksState Commercial Banks Industry32nd out of 179 stocks 3.5 Analyst's Opinion Consensus RatingItaú Unibanco has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Itaú Unibanco has a forecasted upside of 60.2% from its current price of $4.37.Amount of Analyst CoverageItaú Unibanco has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.45% of the float of Itaú Unibanco has been sold short.Short Interest Ratio / Days to CoverItaú Unibanco has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Itaú Unibanco has recently decreased by 36.90%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldItaú Unibanco has a dividend yield of 0.68%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthItaú Unibanco does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Itaú Unibanco is 5.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Itaú Unibanco will have a dividend payout ratio of 3.90% next year. This indicates that Itaú Unibanco will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ITUB. Previous Next 2.1 News and Social Media Coverage News SentimentItaú Unibanco has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Itaú Unibanco this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for ITUB on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Itaú Unibanco to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Itaú Unibanco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of Itaú Unibanco is held by insiders.Percentage Held by InstitutionsOnly 2.25% of the stock of Itaú Unibanco is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Itaú Unibanco are expected to grow by 11.59% in the coming year, from $0.69 to $0.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Itaú Unibanco is 7.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Itaú Unibanco is 7.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 130.99.Price to Earnings Growth RatioItaú Unibanco has a PEG Ratio of 0.52. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioItaú Unibanco has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Itaú Unibanco (NYSE:ITUB) StockItaú 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.Read More 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. Email Address ITUB Stock News HeadlinesMarch 23, 2023 | marketbeat.comWhy 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.March 23, 2023 | americanbankingnews.comItaú Unibanco Holding S.A. (NYSE:ITUB) Declares Dividend Increase - $0.04 Per ShareMarch 25, 2023 | Behind the Markets (Ad)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.March 16, 2023 | finance.yahoo.comShould You Consider Adding Itaú Unibanco Holding S.A. (ITUB) to Your Portfolio?March 9, 2023 | finance.yahoo.comArgentina’s Worst Drought in Memory Lands New Blow to EconomyMarch 2, 2023 | finance.yahoo.comITAÚ UNIBANCO HOLDING S.A.March 2, 2023 | benzinga.comItau Unibanco Holding Stock (NYSE:ITUB), DividendsFebruary 24, 2023 | benzinga.comItau Unibanco Holding's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowMarch 25, 2023 | Investor Place Media (Ad)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.February 19, 2023 | nasdaq.comFirst Week of ITUB April 21st Options TradingFebruary 10, 2023 | finance.yahoo.comItau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) (NYSE:ITUB) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Thursday, February 9February 8, 2023 | ca.finance.yahoo.comAmericanas accounting scandal was a 'fraud,' says CEO of Brazil's ItauFebruary 7, 2023 | finance.yahoo.comITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2023February 6, 2023 | finance.yahoo.comIs a Surprise Coming for Itau Unibanco (ITUB) This Earnings Season?January 11, 2023 | finance.yahoo.comITUB or HDB: Which Is the Better Value Stock Right Now?January 10, 2023 | msn.comIf You Invested $1000 In This Stock 20 Years Ago, You Would Have $5,000 TodayJanuary 3, 2023 | thestreet.comWhy Itau Unibanco (ITUB) Stock Is Up TodayJanuary 3, 2023 | msn.comDeath Cross Looms Over Itau Unibanco Holding InvestorsDecember 15, 2022 | finance.yahoo.comItaú Unibanco has again been selected for the Dow Jones Sustainability World Index 2022/2023 (DJSI World) and the Corporate Sustainability Index (ISE B3)December 13, 2022 | benzinga.comShort Volatility Alert: Itau UnibancoDecember 13, 2022 | benzinga.comShort Volatility Alert: Itau UnibancoDecember 7, 2022 | msn.comHere's How Much You Would Have Made Owning Itau Unibanco Holding Stock In The Last 20 YearsDecember 6, 2022 | msn.comAnalyzing Itau Unibanco Holding's Short InterestNovember 21, 2022 | msn.comHere's How Much $1000 Invested In Itau Unibanco Holding 20 Years Ago Would Be Worth TodayNovember 11, 2022 | finance.yahoo.comFiscal and social concerns equally important for Brazil's economy, Itau CEO saysNovember 10, 2022 | finance.yahoo.comBigger loans help Brazil bank Itau's earnings outclass peersSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address ITUB Company Calendar Last Earnings11/03/2020Ex-Dividend for 4/13 Dividend3/01/2023Today3/25/2023Ex-Dividend for 5/12 Dividend4/03/2023Dividend Payable4/13/2023Next Earnings (Estimated)5/08/2023Dividend Payable5/12/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:ITUB CUSIPN/A CIK1132597 Webwww.itau.com.brsector Phone551127943547Fax55-11-2794-3933Employees99,598Year Founded2008Price 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 RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.58 Trailing P/E Ratio7.53 Forward P/E Ratio6.33 P/E Growth0.52Net Income$5.75 billion Net Margins10.51% Pretax Margin13.24% Return on Equity17.95% Return on Assets1.38% Debt Debt-to-Equity Ratio2.39 Current Ratio1.53 Quick Ratio1.69 Sales & Book Value Annual Sales$54.88 billion Price / Sales0.78 Cash Flow$0.69 per share Price / Cash Flow6.29 Book Value$3.51 per share Price / Book1.25Miscellaneous Outstanding Shares9,800,000,000Free Float9,740,220,000Market Cap$42.83 billion OptionableOptionable Beta0.66 Social Links Key ExecutivesMilton Maluhy FilhoChief Executive OfficerAlexsandro Broedel LopesChief Financial OfficerRicardo Ribeiro Mandacaru GuerraChief Information OfficerAndre Balestrin CestareHead-Financial PlanningTatiana GreccoHead-Capital Market & Liquidity Risk DepartmentKey CompetitorsBank of New York MellonNYSE:BKBank of Nova ScotiaNYSE:BNSBanco BradescoNYSE:BBDState StreetNYSE:STTBanco BradescoNYSE:BBDOView All CompetitorsInstitutional OwnershipClaro Advisors LLCBought 3,211 shares on 3/13/2023Ownership: 0.000%Victory Capital Management Inc.Bought 1,426,700 shares on 3/10/2023Ownership: 0.080%NatixisBought 8,000 shares on 2/24/2023Ownership: 0.000%Callan Family Office LLCBought 55,800 shares on 2/23/2023Ownership: 0.001%DGS Capital Management LLCBought 5,928 shares on 2/21/2023Ownership: 0.000%View All Institutional Transactions 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? ETFs with the largest weight of Itaú Unibanco (NYSE:ITUB) stock in their portfolio include iShares Latin America 40 ETF (ILF), Avantis Emerging Markets Value ETF (AVES) and SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM).SPDR MSCI ACWI ex-US ETF (CWI). 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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