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. $4.99 -0.03 (-0.60%) (As of 01/26/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.94▼$5.0250-Day Range$4.33▼$5.1152-Week Range$3.90▼$6.07Volume21.39 million shsAverage Volume29.95 million shsMarket Capitalization$48.90 billionP/E Ratio8.91Dividend Yield0.60%Price Target$6.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Itaú Unibanco MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside26.9% Upside$6.33 Price TargetShort InterestHealthy0.73% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth11.48%From $0.61 to $0.68 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.2.74 out of 5 starsFinance Sector40th out of 891 stocksState Commercial Banks Industry7th out of 188 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.33, Itaú Unibanco has a forecasted upside of 26.9% from its current price of $4.99.Amount of Analyst CoverageItaú Unibanco has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.73% 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 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Itaú Unibanco has recently increased by 19.98%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldItaú Unibanco has a dividend yield of 0.60%, 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 5.36%. 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 4.41% 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 2.0 News and Social Media Coverage News SentimentItaú Unibanco has a news sentiment score of 0.62. 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 6 news articles for Itaú Unibanco this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for ITUB on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Itaú Unibanco to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 11.48% in the coming year, from $0.61 to $0.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Itaú Unibanco is 8.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Itaú Unibanco is 8.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 188.05.Price to Earnings Growth RatioItaú Unibanco has a PEG Ratio of 0.46. 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 1.60. 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 S.A. offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. It offers various deposit products, as well as loans and credit cards; investment and commercial banking services; real estate lending services; financing and investment services; and leasing and foreign exchange services. The company also provides property and casualty insurance products covering loss, damage, or liabilities for assets or persons, as well as life insurance products covering death and personal accident; and reinsurance products. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.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 HeadlinesJanuary 23, 2023 | americanbankingnews.comItaú Unibanco Holding S.A. (NYSE:ITUB) Sees Large Decrease in Short InterestJanuary 11, 2023 | finance.yahoo.comITUB or HDB: Which Is the Better Value Stock Right Now?January 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…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 UnibancoJanuary 27, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 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 peersNovember 10, 2022 | seekingalpha.comItaú Unibanco ADSs gain after posting Q3 revenue, results growthOctober 21, 2022 | finance.yahoo.com12 Best Emerging Market Stocks to Buy NowOctober 19, 2022 | finance.yahoo.com11 Best Hot Stocks To Buy Right NowSeptember 8, 2022 | finance.yahoo.comTop Stock Reports for T-Mobile, NextEra Energy & AmgenSeptember 8, 2022 | finance.yahoo.comBrazil broker Avenue aims for 1 mln clients after Itau dealSeptember 8, 2022 | finance.yahoo.comBrazil broker Avenue aims for 1 million clients after Itau dealAugust 31, 2022 | finance.yahoo.comBillionaire-backed reforestation company begins work on first land in BrazilAugust 29, 2022 | finance.yahoo.comBrazil’s Largest Private Bank, Itaú, Selected by Central Bank to Develop a DeFi Liquidity PoolAugust 25, 2022 | finance.yahoo.comUPDATE 1-Brazil government to investigate lenders for alleged credit card fraudAugust 25, 2022 | finance.yahoo.comItaú Unibanco Holding S.A.: Material Fact - Stock Buyback ProgramAugust 12, 2022 | finance.yahoo.comMorgan Stanley Slips in Brazil Equity Trading as Itau GainsAugust 9, 2022 | finance.yahoo.comItaú Unibanco Holding (ITUB) Q2 2022 Earnings Call TranscriptSee 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 Earnings11/10/2022Ex-Dividend for 2/13 Dividend12/30/2022Today1/27/2023Ex-Dividend for 3/13 Dividend2/01/2023Next Earnings (Estimated)2/09/2023Dividend Payable2/13/2023Dividend Payable3/13/2023Fiscal 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$6.33 High Stock Price Forecast$7.00 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+26.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.56 Trailing P/E Ratio8.91 Forward P/E Ratio8.18 P/E Growth0.46Net Income$4.96 billion Net Margins10.97% Pretax Margin14.91% Return on Equity17.42% Return on Assets1.36% Debt Debt-to-Equity Ratio2.40 Current Ratio1.69 Quick Ratio1.69 Sales & Book Value Annual Sales$36.27 billion Price / Sales1.35 Cash Flow$0.60 per share Price / Cash Flow8.38 Book Value$3.11 per share Price / Book1.60Miscellaneous Outstanding Shares9,800,000,000Free Float9,740,220,000Market Cap$48.90 billion OptionableOptionable Beta0.71 Social Links Key ExecutivesMr. Milton Maluhy Filho (Age 47)CEO & Member of Exec. Board Mr. Alexsandro Broedel Lopes (Age 49)CFO & Member of Exec. Board Mr. Matias Granata (Age 48)Chief Risk Officer & Member of Exec. Board Ms. Leila Cristiane Barboza Braga de Melo (Age 52)Member of Exec. Board Mr. Carlos Fernando Rossi ConstantiniMember of Exec. BoardMr. Andre Sapoznik (Age 51)Exec. VP of IT & Operations, Member of Exec. Board & Head of New Payments Unit Mr. Pedro Paulo Giubbina Lorenzini (Age 55)Exec. Officer & Member of Exec. Board Mr. Alexandre Grossmann Zancani (Age 46)Member of Exec. Board Mr. André Luís Teixeira RodriguesMember of Exec. BoardMr. Flávio Augusto Aguiar de SouzaMember of Exec. BoardMore ExecutivesKey CompetitorsBank of New York MellonNYSE:BKBank of Nova ScotiaNYSE:BNSState StreetNYSE:STTBanco BradescoNYSE:BBDDeutsche Bank AktiengesellschaftNYSE:DBView All CompetitorsInsiders & InstitutionsBoston Common Asset Management LLCSold 451,134 shares on 1/26/2023Ownership: 0.020%Calamos Advisors LLCSold 892,500 shares on 1/26/2023Ownership: 0.004%Comerica BankSold 16,493 shares on 1/26/2023Ownership: 0.001%Sumitomo Mitsui DS Asset Management Company LtdBought 10,000 shares on 1/26/2023Ownership: 0.001%Baker Tilly Wealth Management LLCBought 10,846 shares on 1/26/2023Ownership: 0.000%View All Institutional Transactions ITUB Stock - Frequently Asked Questions Should I buy or sell Itaú Unibanco stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities 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? 4 brokerages have issued 1 year price targets for Itaú Unibanco's stock. Their ITUB share price forecasts range from $5.00 to $7.00. On average, they predict the company's share price to reach $6.33 in the next twelve months. This suggests a possible upside of 26.9% 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 at the beginning of the year. Since then, ITUB shares have increased by 5.9% and is now trading at $4.99. View the best growth stocks for 2023 here. Are investors shorting Itaú Unibanco? Itaú Unibanco saw a increase in short interest in January. As of January 15th, there was short interest totaling 35,010,000 shares, an increase of 20.0% from the December 31st total of 29,180,000 shares. Based on an average daily volume of 42,730,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.7% of the company's shares 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 Thursday, February 9th 2023. View our ITUB earnings forecast. How were Itaú Unibanco's earnings last quarter? Itaú Unibanco Holding S.A. (NYSE:ITUB) released its quarterly earnings results on Thursday, November, 10th. The bank reported $0.16 earnings per share for the quarter, hitting analysts' consensus estimates of $0.16. The bank earned $7.01 billion during the quarter. Itaú Unibanco had a trailing twelve-month return on equity of 17.42% and a net margin of 10.97%. How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco? Itaú Unibanco announced a monthly dividend on Thursday, January 5th. Shareholders of record on Thursday, February 2nd will be paid a dividend of $0.002 per share on Monday, March 13th. This represents a $0.02 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend is Wednesday, February 1st. Read our dividend analysis for ITUB. 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 0.60%. The dividend payout ratio is 5.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 4.41% 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 many different institutional and retail investors. Top institutional shareholders include Pendal Group Ltd (0.53%), National Bank of Canada FI (0.49%), Baillie Gifford & Co. (0.16%), Northcape Capital Pty Ltd (0.09%), Boston Common Asset Management LLC (0.02%) and Crossmark Global Holdings Inc. (0.01%). 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 $4.99. How much money does Itaú Unibanco make? Itaú Unibanco (NYSE:ITUB) has a market capitalization of $48.90 billion and generates $36.27 billion in revenue each year. The bank earns $4.96 billion in net income (profit) each year or $0.56 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 1/27/2023 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. 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