Investor’s Delight: BankUnited Inc (BKU) Closes Weak at 37.18, Down -0.11

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

The closing price of BankUnited Inc (NYSE: BKU) was $37.18 for the day, down -0.11% from the previous closing price of $37.22. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 0.65 million shares were traded.

Ratios:

Our analysis of BKU’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.29.

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 the company, Wells Fargo on November 13, 2024, Upgraded its rating to Overweight and sets its target price to $48 from $38 previously.

On July 19, 2024, Hovde Group reiterated its Outperform rating and also lowered its target price recommendation from $33 to $41.

On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $29.Barclays initiated its Equal Weight rating on March 08, 2024, with a $29 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 19 ’24 when Richards Jay D. sold 2,500 shares for $41.18 per share. The transaction valued at 102,950 led to the insider holds 34,687 shares of the business.

Richards Jay D. bought 2,500 shares of BKU for $102,950 on Nov 19 ’24. On Nov 08 ’24, another insider, Cornish Thomas M., who serves as the Chief Operating Officer of the company, sold 10,778 shares for $39.11 each. As a result, the insider received 421,476 and left with 100,000 shares of the company.

Valuation Measures:

As of this moment, BankUnited’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.07, and their Forward P/E ratio for the next fiscal year is 10.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 0.99.

Stock Price History:

Over the past 52 weeks, BKU has reached a high of $44.45, while it has fallen to a 52-week low of $24.34. The 50-Day Moving Average of the stock is -5.69%, while the 200-Day Moving Average is calculated to be 3.32%.

Shares Statistics:

A total of 74.75M shares are outstanding, with a floating share count of 74.03M. Insiders hold about 0.96% of the company’s shares, while institutions hold 100.44% stake in the company.

Most Popular