BankUnited (NYSE:BKU) has earned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $37.29.

Several research firms have recently weighed in on BKU. ValuEngine raised BankUnited from a “sell” rating to a “hold” rating in a research report on Wednesday, May 1st. Sandler O’Neill cut BankUnited from a “buy” rating to a “hold” rating in a research report on Wednesday, April 24th. Zacks Investment Research raised BankUnited from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Friday, May 24th. Stephens cut BankUnited from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 6th. Finally, Barclays cut BankUnited from an “overweight” rating to an “underweight” rating and upped their price objective for the stock from $35.75 to $37.00 in a research report on Friday, April 26th.

NYSE:BKU traded down $0.25 on Wednesday, reaching $33.25. The company’s stock had a trading volume of 882,900 shares, compared to its average volume of 788,107. BankUnited has a 1-year low of $28.05 and a 1-year high of $44.66. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.72. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 1.32 and a beta of 1.16.

BankUnited (NYSE:BKU) last posted its earnings results on Wednesday, April 24th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. The firm had revenue of $227.16 million during the quarter, compared to analysts’ expectations of $219.03 million. BankUnited had a return on equity of 10.30% and a net margin of 19.06%. During the same period in the previous year, the firm earned $0.77 earnings per share. Sell-side analysts forecast that BankUnited will post 2.83 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BKU. Norges Bank bought a new stake in BankUnited during the fourth quarter worth about $36,796,000. Deutsche Bank AG raised its stake in BankUnited by 3,038.6% in the fourth quarter. Deutsche Bank AG now owns 1,166,047 shares of the financial services provider’s stock valued at $34,909,000 after buying an additional 1,128,895 shares during the period. Dimensional Fund Advisors LP raised its stake in BankUnited by 24.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,999,028 shares of the financial services provider’s stock valued at $100,171,000 after buying an additional 595,557 shares during the period. APG Asset Management N.V. raised its stake in BankUnited by 107.5% in the fourth quarter. APG Asset Management N.V. now owns 1,147,700 shares of the financial services provider’s stock valued at $30,059,000 after buying an additional 594,700 shares during the period. Finally, Renaissance Technologies LLC raised its stake in BankUnited by 188.5% in the first quarter. Renaissance Technologies LLC now owns 700,200 shares of the financial services provider’s stock valued at $23,387,000 after buying an additional 457,500 shares during the period. Institutional investors and hedge funds own 96.98% of the company’s stock.

About BankUnited

BankUnited, Inc operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, savings accounts, and certificates of deposit; and treasury management services.

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Analyst Recommendations for BankUnited (NYSE:BKU)

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