BankUnited FY2026 EPS Forecast Boosted by Zacks Research

BankUnited, Inc. (NYSE:BKU) – Analysts at Zacks Research upped their FY2026 EPS estimates for BankUnited in a research note issued on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $2.98 per share for the year, up from their previous estimate of $2.97. The consensus estimate for BankUnited’s current full-year earnings is $2.89 per share.

BankUnited (NYSE:BKU) last issued its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. BankUnited had a net margin of 9.06% and a return on equity of 8.09%. The firm had revenue of $515.24 million during the quarter, compared to the consensus estimate of $258.65 million. During the same quarter in the previous year, the firm posted $0.63 EPS.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company upgraded shares of BankUnited from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $38.00 to $48.00 in a research report on Wednesday, November 13th. Barclays boosted their price objective on BankUnited from $35.00 to $39.00 and gave the company an “equal weight” rating in a research report on Friday, September 27th. Royal Bank of Canada reissued a “sector perform” rating and issued a $37.00 price target on shares of BankUnited in a report on Wednesday, October 23rd. Wedbush increased their price objective on shares of BankUnited from $39.00 to $40.00 and gave the company a “neutral” rating in a report on Tuesday, September 24th. Finally, Citigroup cut their target price on shares of BankUnited from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Wednesday, September 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $37.40.

BankUnited Stock Performance

Shares of BKU opened at $42.72 on Monday. The business has a 50-day simple moving average of $37.12 and a two-hundred day simple moving average of $34.15. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 1.28. BankUnited has a 52 week low of $24.34 and a 52 week high of $42.83. The stock has a market cap of $3.19 billion, a price-to-earnings ratio of 17.51 and a beta of 1.33.

Hedge Funds Weigh In On BankUnited

Several hedge funds have recently bought and sold shares of the business. CWM LLC boosted its stake in shares of BankUnited by 307.6% during the second quarter. CWM LLC now owns 1,928 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 1,455 shares during the period. Meeder Asset Management Inc. purchased a new stake in BankUnited in the 2nd quarter valued at about $74,000. GAMMA Investing LLC boosted its position in BankUnited by 17.4% in the 3rd quarter. GAMMA Investing LLC now owns 4,637 shares of the financial services provider’s stock valued at $169,000 after buying an additional 686 shares during the period. SG Americas Securities LLC bought a new position in BankUnited in the 3rd quarter worth about $181,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of BankUnited during the second quarter worth approximately $169,000. Institutional investors own 99.70% of the company’s stock.

Insider Buying and Selling

In related news, insider Jay D. Richards sold 2,500 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $41.18, for a total value of $102,950.00. Following the sale, the insider now directly owns 34,687 shares of the company’s stock, valued at $1,428,410.66. This represents a 6.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Thomas M. Cornish sold 10,778 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.11, for a total value of $421,527.58. Following the transaction, the chief operating officer now owns 100,000 shares of the company’s stock, valued at $3,911,000. This trade represents a 9.73 % decrease in their position. The disclosure for this sale can be found here. 1.19% of the stock is owned by corporate insiders.

BankUnited Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 11th were issued a dividend of $0.29 per share. The ex-dividend date was Friday, October 11th. This represents a $1.16 annualized dividend and a yield of 2.72%. BankUnited’s payout ratio is presently 47.54%.

About BankUnited

BankUnited, Inc operates as the bank holding company for BankUnited, a national banking association that provides a range of banking services in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts; certificates of deposit; and treasury, commercial payment, and cash management services.