Q3 Earnings Forecast for BankUnited Issued By Zacks Research

BankUnited, Inc. (NYSE:BKU) – Equities researchers at Zacks Research dropped their Q3 2027 earnings per share estimates for shares of BankUnited in a research report issued to clients and investors on Tuesday, March 17th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $1.07 per share for the quarter, down from their prior estimate of $1.08. 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 FY2027 earnings at $4.29 EPS.

BankUnited (NYSE:BKU) last posted its earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The company had revenue of $260.80 million for 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 quarter last year, the company earned $0.91 earnings per share.

Several other equities analysts have also recently weighed in on the company. Susquehanna upgraded BankUnited to a “positive” rating in a research note on Wednesday, January 21st. Raymond James Financial set a $55.00 target price on shares of BankUnited in a report on Wednesday, January 21st. Weiss Ratings lowered shares of BankUnited from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Hovde Group restated an “outperform” rating and set a $51.00 price target on shares of BankUnited in a report on Monday, December 8th. Finally, Piper Sandler upped their price objective on shares of BankUnited from $42.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $53.55.

BankUnited Trading Up 1.8%

Shares of BankUnited stock opened at $43.35 on Friday. The company has a market capitalization of $3.19 billion, a P/E ratio of 12.25 and a beta of 1.29. The stock has a fifty day simple moving average of $47.21 and a 200 day simple moving average of $43.19. BankUnited has a 12-month low of $28.21 and a 12-month high of $52.11. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.51.

BankUnited Dividend Announcement

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

Insider Activity

In related news, insider Jay D. Richards sold 3,506 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $49.83, for a total value of $174,703.98. Following the transaction, the insider directly owned 35,687 shares of the company’s stock, valued at approximately $1,778,283.21. The trade was a 8.95% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kevin A. Malcolm sold 3,447 shares of the 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 of the company’s stock, valued at approximately $541,765. The trade was a 23.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,953 shares of company stock valued at $591,492 in the last ninety days. 1.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new position in shares of BankUnited during the 1st quarter valued at approximately $28,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of BankUnited during the 4th quarter worth approximately $30,000. Salomon & Ludwin LLC bought a new stake in shares of BankUnited in the 3rd quarter worth approximately $34,000. Kestra Advisory Services LLC purchased a new position in BankUnited in the fourth quarter valued at approximately $35,000. Finally, Quarry LP lifted its stake in BankUnited by 158.2% in the third quarter. Quarry LP now owns 940 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 576 shares during the last quarter. 99.70% of the stock is currently owned by hedge funds and other institutional investors.

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.