News articles about BankUnited (NYSE:BKU) have trended positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BankUnited earned a news impact score of 0.26 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 47.17231760743 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research analysts have weighed in on the company. Barclays increased their price target on BankUnited from $46.00 to $49.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $41.00 price target on shares of BankUnited in a research note on Wednesday, January 24th. Zacks Investment Research raised BankUnited from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a research note on Friday, January 12th. ValuEngine raised BankUnited from a “hold” rating to a “buy” rating in a research note on Thursday, January 25th. Finally, Wells Fargo & Co reissued an “outperform” rating and set a $50.00 price target (up previously from $42.00) on shares of BankUnited in a research note on Tuesday, January 9th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $43.09.
BankUnited (NYSE BKU) opened at $39.67 on Tuesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market capitalization of $4,235.46, a price-to-earnings ratio of 7.11, a P/E/G ratio of 1.43 and a beta of 1.01. BankUnited has a 52-week low of $30.37 and a 52-week high of $43.84.
BankUnited (NYSE:BKU) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.24. The business had revenue of $285.37 million for the quarter, compared to analyst estimates of $270.33 million. BankUnited had a return on equity of 11.30% and a net margin of 45.09%. During the same period last year, the company posted $0.59 EPS. analysts predict that BankUnited will post 3.14 earnings per share for the current fiscal year.
BankUnited declared that its Board of Directors has authorized a stock repurchase program on Tuesday, January 23rd that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the financial services provider to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Friday, January 12th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend was Thursday, January 11th. BankUnited’s dividend payout ratio (DPR) is currently 15.05%.
In related news, Director Douglas J. Pauls sold 40,000 shares of the stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $42.12, for a total value of $1,684,800.00. Following the transaction, the director now directly owns 31,380 shares of the company’s stock, valued at approximately $1,321,725.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Bagnoli sold 1,000 shares of the stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $35.88, for a total value of $35,880.00. Following the completion of the sale, the insider now owns 19,699 shares of the company’s stock, valued at $706,800.12. The disclosure for this sale can be found here. Company insiders own 2.90% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “BankUnited (BKU) Earning Positive Press Coverage, Analysis Shows” was first published by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.thelincolnianonline.com/2018/02/13/bankunited-bku-earning-positive-press-coverage-analysis-shows.html.
BankUnited Company Profile
BankUnited, Inc is the bank holding company of BankUnited (the Bank). The bank is a national banking association. As of December 31, 2016, the Bank provided a range of banking services to individual and corporate customers through 94 banking centers located in 15 Florida counties and six banking centers in the New York metropolitan area.
Receive News & Ratings for BankUnited Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for BankUnited and related companies with MarketBeat.com’s FREE daily email newsletter.