BankUnited Inc (BKU) Shares Decline by -2.20% to Close at $26.23

As of close of business last night, BankUnited Inc’s stock clocked out at $26.23, down -2.20% from its previous closing price of $26.82. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 923972 shares were traded.

Ratios:

To gain a deeper understanding of BKU’s stock, we examine 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.

On December 01, 2023, Citigroup started tracking the stock assigning a Neutral rating and target price of $28.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 when Malcolm Kevin A. sold 1,406 shares for $35.21 per share. The transaction valued at 49,505 led to the insider holds 10,000 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 1.95B. As of this moment, BankUnited’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.06, and their Forward P/E ratio for the next fiscal year is 8.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.15. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.00 while its Price-to-Book (P/B) ratio in mrq is 0.76.

Stock Price History:

Over the past 52 weeks, BKU has reached a high of $35.58, while it has fallen to a 52-week low of $15.83. The 50-Day Moving Average of the stock is 29.00, while the 200-Day Moving Average is calculated to be 25.55.

Shares Statistics:

It appears that BKU traded 950.87K shares on average per day over the past three months and 784.27k shares per day over the past ten days. A total of 74.37M shares are outstanding, with a floating share count of 73.63M. Insiders hold about 0.99% of the company’s shares, while institutions hold 102.30% stake in the company. Shares short for BKU as of Feb 15, 2024 were 3.79M with a Short Ratio of 3.99, compared to 5.08M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.10% and a Short% of Float of 7.16%.

Dividends & Splits

With its trailing 12-month dividend rate of 1.08, BKU has a forward annual dividend rate of 1.08. Against a Trailing Annual Dividend Yield of 4.03%, it implies a Forward Annual Dividend Yield of 4.42%. The stock’s 5-year Average Dividend Yield is 3.03.

Earnings Estimates

As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.61 for the current quarter, with a high estimate of $0.67 and a low estimate of $0.53, while EPS last year was $0.7. The consensus estimate for the next quarter is $0.64, with high estimates of $0.72 and low estimates of $0.53.

Analysts are recommending an EPS of between $3 and $2.18 for the fiscal current year, implying an average EPS of $2.65. EPS for the following year is $3.03, with 11 analysts recommending between $3.63 and $2.68.

Revenue Estimates

In the current quarter, 10 analysts expect revenue to total $239.65M. It ranges from a high estimate of $245.5M to a low estimate of $233.03M. As of the current estimate, BankUnited Inc’s year-ago sales were $244.41M, an estimated decrease of -1.90% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $244.33M, an increase of 2.10% over than the figure of -$1.90% in the same quarter last year. There is a high estimate of $250.6M for the next quarter, whereas the lowest estimate is $229.14M.

A total of 11 analysts have provided revenue estimates for BKU’s current fiscal year. The highest revenue estimate was $1.02B, while the lowest revenue estimate was $933.24M, resulting in an average revenue estimate of $993.52M. In the same quarter a year ago, actual revenue was $960.64M, up 3.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.06B 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 6.80% from the average revenue estimate for this year.

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