BankUnited (NYSE:BKU – Get Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports. Zacks Research also issued estimates for BankUnited’s Q3 2026 earnings at $1.13 EPS and FY2026 earnings at $4.24 EPS.
Other equities analysts have also recently issued research reports about the stock. Citigroup boosted their price target on shares of BankUnited from $49.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Wall Street Zen cut shares of BankUnited from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Jefferies Financial Group cut their price target on shares of BankUnited from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Barclays cut their price target on shares of BankUnited from $55.00 to $53.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 7th. Finally, Wells Fargo & Company upped their price objective on BankUnited from $50.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, March 30th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $53.82.
Check Out Our Latest Analysis on BankUnited
BankUnited Stock Performance
BankUnited (NYSE:BKU – Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. BankUnited had a return on equity of 9.09% and a net margin of 14.14%.The firm had revenue of $260.80 million for the quarter, compared to analysts’ expectations of $279.76 million. During the same quarter last year, the firm posted $0.91 EPS. As a group, equities analysts predict that BankUnited will post 3.13 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Kevin A. Malcolm sold 3,447 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was 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 in the company, valued at $541,765. The trade was a 23.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 owned 35,687 shares in the company, valued at approximately $1,778,283.21. This represents a 8.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,953 shares of company stock valued at $591,492 in the last ninety days. Company insiders own 1.15% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Strs Ohio purchased a new position in BankUnited during the 1st quarter valued at about $28,000. Eurizon Capital SGR S.p.A. purchased a new position in BankUnited during the 4th quarter valued at about $30,000. Salomon & Ludwin LLC purchased a new position in BankUnited during the 3rd quarter valued at about $34,000. Kestra Advisory Services LLC purchased a new position in BankUnited during the 4th quarter valued at about $35,000. Finally, Quarry LP increased its holdings in BankUnited by 158.2% during the 3rd 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 period. Hedge funds and other institutional investors own 99.70% of the company’s stock.
BankUnited Company Profile
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.
Further Reading
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