Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, BankUnited Inc (NYSE: BKU) closed at $41.13 down -0.99% from its previous closing price of $41.54. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 0.58 million shares were traded. BKU stock price reached its highest trading level at $41.92 during the session, while it also had its lowest trading level at $41.09.
Ratios:
For a deeper understanding of BankUnited Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 0.29.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 3074426368 and an Enterprise Value of 6468355072. As of this moment, BankUnited’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.89, and their Forward P/E ratio for the next fiscal year is 12.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 7.031.
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 8.93%, while the 200-Day Moving Average is calculated to be 26.75%.
Shares Statistics:
For the past three months, BKU has traded an average of 826.90K shares per day and 672800 over the past ten days. 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 100.55% stake in the company. Shares short for BKU as of 1731628800 were 2224935 with a Short Ratio of 2.69, compared to 1728950400 on 2633120. Therefore, it implies a Short% of Shares Outstanding of 2224935 and a Short% of Float of 4.78.
Dividends & Splits
According to the company, the forward annual dividend rate for BKU is 1.14, from 1.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.027443428The stock’s 5-year Average Dividend Yield is 3.17.
