Q1 Earnings Estimate for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Investment analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for shares of BankUnited in a report issued on Tuesday, March 17th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $1.08 for the quarter, down from their previous estimate of $1.09. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BankUnited’s current full-year earnings is $3.13 per share. Zacks Research also issued estimates for BankUnited’s FY2028 earnings at $4.84 EPS.

BKU has been the subject of a number of other reports. Raymond James Financial set a $55.00 target price on shares of BankUnited in a report on Wednesday, January 21st. Wells Fargo & Company lifted their price objective on shares of BankUnited from $42.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Keefe, Bruyette & Woods boosted their price objective on shares of BankUnited from $42.00 to $55.00 and gave the stock a “market perform” rating in a research note on Thursday, January 22nd. Jefferies Financial Group decreased their target price on shares of BankUnited from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, February 2nd. Finally, Weiss Ratings downgraded shares of BankUnited from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.55.

BankUnited Price Performance

Shares of BKU stock opened at $42.49 on Thursday. The stock’s 50-day moving average is $47.25 and its 200 day moving average is $43.19. BankUnited has a 1-year low of $28.21 and a 1-year high of $52.11. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $3.13 billion, a P/E ratio of 12.00 and a beta of 1.29.

BankUnited (NYSE:BKU) last released its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. The firm had revenue of $260.80 million during the quarter, compared to analyst estimates of $279.76 million. BankUnited had a return on equity of 9.09% and a net margin of 14.14%.During the same period in the previous year, the company posted $0.91 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BKU. Dimensional Fund Advisors LP lifted its stake in shares of BankUnited by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,632,552 shares of the financial services provider’s stock worth $206,472,000 after buying an additional 36,097 shares during the period. State Street Corp increased its position in shares of BankUnited by 3.5% in the 4th quarter. State Street Corp now owns 4,437,792 shares of the financial services provider’s stock valued at $197,792,000 after acquiring an additional 149,450 shares during the period. HoldCo Asset Management LP raised its stake in BankUnited by 277.3% in the 4th quarter. HoldCo Asset Management LP now owns 3,535,282 shares of the financial services provider’s stock worth $157,568,000 after acquiring an additional 2,598,382 shares during the last quarter. Wellington Management Group LLP raised its stake in BankUnited by 2.8% in the 4th quarter. Wellington Management Group LLP now owns 3,155,793 shares of the financial services provider’s stock worth $140,654,000 after acquiring an additional 84,971 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in BankUnited by 9.4% during the 3rd quarter. American Century Companies Inc. now owns 2,163,936 shares of the financial services provider’s stock worth $82,576,000 after acquiring an additional 185,937 shares during the period. Institutional investors and hedge funds own 99.70% of the company’s stock.

Insider Transactions at BankUnited

In other news, insider Kevin A. Malcolm sold 3,447 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $47.11, for a total transaction of $162,388.17. Following the transaction, the insider owned 11,500 shares in the company, valued at $541,765. This represents a 23.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Sanjiv Sobti sold 5,000 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $50.88, for a total transaction of $254,400.00. Following the completion of the transaction, the director directly owned 18,816 shares of the company’s stock, valued at $957,358.08. The trade was a 20.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 11,953 shares of company stock worth $591,492. Insiders own 1.15% of the company’s stock.

BankUnited Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 9th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, January 9th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.9%. BankUnited’s payout ratio is presently 35.03%.

About BankUnited

BankUnited, Inc is a bank holding company based in Miami Lakes, Florida, operating through its subsidiary BankUnited, National Association. The company provides a broad range of commercial banking products and services, including deposit accounts, commercial lending and treasury management. It serves middle-market and small-business clients, offering tailored financing solutions across a variety of industry sectors.

The bank’s lending portfolio includes commercial and industrial loans, commercial real estate loans and construction financing, as well as residential mortgage lending.