Key Points
- Director Douglas Pauls sold 3,000 BankUnited shares at an average price of $47.90, generating approximately $143,700 and reducing his position by 6.6%.
- BankUnited’s latest quarterly results fell slightly short of expectations, with EPS of $0.97 versus the $1.00 consensus and revenue of $284.57 million versus $290.33 million expected. The company’s revenue still increased 3.9% year over year.
- Analyst sentiment remains mixed, with an overall “Hold” rating and an average price target of $51.64; several firms recently lowered their targets and earnings forecasts. BankUnited also pays a quarterly dividend of $0.33 per share, yielding about 2.8%.
BankUnited, Inc. (NYSE:BKU - Get Free Report) Director Douglas Pauls sold 3,000 shares of the company's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $47.90, for a total transaction of $143,700.00. Following the transaction, the director owned 42,472 shares in the company, valued at $2,034,408.80. This represents a 6.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
BankUnited Stock Up 0.7%
BKU stock opened at $47.79 on Friday. The stock's 50 day simple moving average is $47.83 and its 200 day simple moving average is $47.09. BankUnited, Inc. has a fifty-two week low of $35.10 and a fifty-two week high of $52.11. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $3.40 billion, a P/E ratio of 13.09 and a beta of 1.18.
BankUnited (NYSE:BKU - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.03). The firm had revenue of $284.57 million during the quarter, compared to analyst estimates of $290.33 million. BankUnited had a net margin of 14.76% and a return on equity of 9.13%. The company's revenue was up 3.9% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. On average, research analysts expect that BankUnited, Inc. will post 4.09 earnings per share for the current fiscal year.
BankUnited Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 10th were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, July 10th. BankUnited's payout ratio is 36.16%.
Trending Headlines about BankUnited
Here are the key news stories impacting BankUnited this week:
- Positive Sentiment: Zacks Research raised its Q2 2028 EPS forecast to $1.38 from $1.36, suggesting slightly improved expectations for that quarter. However, the increase was outweighed by several cuts to other forecasts.
- Neutral Sentiment: Zacks projects BankUnited’s 2027 EPS at $4.53 and 2028 EPS at $5.33, compared with the current-year consensus estimate of $4.09. These figures still imply longer-term earnings growth, although the forecasts were reduced from previous levels. The analyst continues to rate the stock Hold.
- Negative Sentiment: Zacks Research lowered its EPS forecasts for Q3 2026 to $1.07 from $1.15, Q4 2026 to $1.17 from $1.30, Q1 2027 to $1.09 from $1.12, Q2 2027 to $1.11 from $1.12, Q3 2027 to $1.13 from $1.17, and Q4 2027 to $1.21 from $1.28.
- Negative Sentiment: Full-year 2027 EPS expectations were reduced to $4.53 from $4.68, while full-year 2028 estimates fell to $5.33 from $5.69. The breadth of the revisions may weigh on sentiment because it points to softer earnings expectations across multiple future periods.
- Negative Sentiment: Director Douglas J. Pauls sold 3,000 BankUnited shares for approximately $143,700 at an average price of $47.90, reducing his direct ownership by 6.6%. Insider sales are not necessarily a sign of deteriorating fundamentals, but the transaction can create modest selling pressure or investor caution. SEC Form 4 filing
Hedge Funds Weigh In On BankUnited
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Edgestream Partners L.P. bought a new position in shares of BankUnited during the 1st quarter valued at approximately $6,797,000. Artemis Investment Management LLP bought a new stake in shares of BankUnited in the 4th quarter worth approximately $73,655,000. Horizon Investments LLC purchased a new position in BankUnited in the fourth quarter valued at approximately $1,858,000. Burney Co. bought a new position in BankUnited during the first quarter valued at $1,026,000. Finally, Fifth Third Bancorp grew its holdings in BankUnited by 4,572.7% during the first quarter. Fifth Third Bancorp now owns 25,653 shares of the financial services provider's stock valued at $1,159,000 after purchasing an additional 25,104 shares during the period. 99.70% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
BKU has been the subject of several recent research reports. Keefe, Bruyette & Woods decreased their target price on shares of BankUnited from $51.00 to $49.00 and set a "market perform" rating for the company in a research report on Monday, August 3rd. Citigroup cut their price target on BankUnited from $45.00 to $42.00 and set a "sell" rating for the company in a research note on Friday, July 24th. Zacks Research downgraded BankUnited from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 21st. Raymond James Financial reissued an "outperform" rating on shares of BankUnited in a research report on Wednesday, April 22nd. Finally, Royal Bank Of Canada decreased their price objective on shares of BankUnited from $53.00 to $50.00 and set a "sector perform" rating for the company in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $51.64.
View Our Latest Stock Analysis on BKU
BankUnited Company Profile
(
Get Free Report)
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.
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