BankUnited Inc (NYSE: BKU) closed the day trading at $25.59 down -0.62% from the previous closing price of $25.75. In other words, the price has decreased by $+0.13 from its previous closing price. On the day, 701424 shares were traded.
Ratios:
For a better understanding of BKU, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 0.65.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on March 08, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $29.
On December 01, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $28.Citigroup initiated its Neutral rating on December 01, 2023, with a $28 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 05 ’24 when Malcolm Kevin A. sold 2,285 shares for $27.18 per share. The transaction valued at 62,106 led to the insider holds 11,750 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKU now has a Market Capitalization of 1.91B. As of this moment, BankUnited’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.79, and their Forward P/E ratio for the next fiscal year is 8.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.74.
Stock Price History:
Over the past 52 weeks, BKU has reached a high of $34.22, while it has fallen to a 52-week low of $15.83. The 50-Day Moving Average of the stock is 26.85, while the 200-Day Moving Average is calculated to be 26.41.
Shares Statistics:
Over the past 3-months, BKU traded about 902.51K shares per day on average, while over the past 10 days, BKU traded about 698k shares per day. A total of 74.37M shares are outstanding, with a floating share count of 73.62M. Insiders hold about 1.01% of the company’s shares, while institutions hold 102.32% stake in the company. Shares short for BKU as of Mar 15, 2024 were 3.28M with a Short Ratio of 3.84, compared to 3.79M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.41% and a Short% of Float of 6.20%.
Dividends & Splits
BKU’s forward annual dividend rate is 1.37, up from 1.08 a year ago. Against a Trailing Annual Dividend Yield of 4.24%, it implies a Forward Annual Dividend Yield of 4.12%. The stock’s 5-year Average Dividend Yield is 3.03.
Earnings Estimates
Current recommendations for the stock of the company come from 11 analysts. On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.45, while EPS last year was $0.7. The consensus estimate for the next quarter is $0.66, with high estimates of $0.73 and low estimates of $0.58.
Analysts are recommending an EPS of between $3 and $2.4 for the fiscal current year, implying an average EPS of $2.69. EPS for the following year is $3.08, with 11 analysts recommending between $3.63 and $2.83.
Revenue Estimates
10 analysts predict $240.31M in revenue for the current quarter. It ranges from a high estimate of $245.5M to a low estimate of $236.87M. As of the current estimate, BankUnited Inc’s year-ago sales were $244.41M, an estimated decrease of -1.70% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $246.11M, an increase of 2.80% over than the figure of -$1.70% in the same quarter last year. There is a high estimate of $250.6M for the next quarter, whereas the lowest estimate is $240.39M.
A total of 10 analysts have provided revenue estimates for BKU’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $972.63M, resulting in an average revenue estimate of $997.8M. In the same quarter a year ago, actual revenue was $960.64M, up 3.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.13B and the low estimate is $1.01B. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.
