BankUnited (NYSE:BKU) PT Raised to $40.00

BankUnited (NYSE:BKU) had its price target hoisted by stock analysts at Wedbush from $39.00 to $40.00 in a report issued on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the financial services provider’s stock. Wedbush’s price objective would indicate a potential upside of 13.38% from the stock’s current price. Wedbush also issued estimates for BankUnited’s Q2 2025 earnings at $0.80 EPS, Q3 2025 earnings at $0.86 EPS, Q4 2025 earnings at $0.91 EPS, FY2025 earnings at $3.30 EPS and FY2026 earnings at $3.60 EPS.

Other equities analysts have also recently issued reports about the stock. Hovde Group boosted their target price on shares of BankUnited from $33.00 to $41.00 and gave the company an “outperform” rating in a research note on Friday, July 19th. JPMorgan Chase & Co. increased their target price on shares of BankUnited from $34.50 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Citigroup cut their price target on BankUnited from $42.00 to $39.00 and set a “neutral” rating for the company in a research note on Wednesday, September 11th. Royal Bank of Canada increased their price target on BankUnited from $29.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 9th. Finally, Wells Fargo & Company boosted their price objective on BankUnited from $32.00 to $35.00 and gave the company an “equal weight” rating in a research report on Monday, July 22nd. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $35.10.

BankUnited Price Performance

Shares of BKU opened at $35.28 on Tuesday. The business’s 50-day moving average is $36.66 and its two-hundred day moving average is $31.11. The company has a market capitalization of $2.64 billion, a P/E ratio of 15.21 and a beta of 1.33. BankUnited has a fifty-two week low of $20.84 and a fifty-two week high of $39.51. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.87 and a current ratio of 0.87.

BankUnited (NYSE:BKU) last posted its earnings results on Thursday, July 18th. The financial services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.65 by $0.07. BankUnited had a return on equity of 7.76% and a net margin of 8.41%. The firm had revenue of $250.20 million for the quarter, compared to analyst estimates of $243.65 million. During the same period last year, the company earned $0.78 earnings per share. BankUnited’s revenue for the quarter was up 4.5% compared to the same quarter last year. Research analysts predict that BankUnited will post 2.88 earnings per share for the current year.

Insider Buying and Selling at BankUnited

In other news, Director William S. Rubenstein sold 7,864 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $38.57, for a total transaction of $303,314.48. Following the completion of the sale, the director now owns 10,282 shares in the company, valued at approximately $396,576.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director William S. Rubenstein sold 7,864 shares of the stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $38.57, for a total transaction of $303,314.48. Following the completion of the transaction, the director now directly owns 10,282 shares in the company, valued at approximately $396,576.74. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Douglas J. Pauls sold 3,500 shares of the firm’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $36.50, for a total value of $127,750.00. Following the sale, the director now directly owns 43,654 shares of the company’s stock, valued at $1,593,371. The disclosure for this sale can be found here. Insiders have sold 21,507 shares of company stock worth $802,400 in the last ninety days. 1.19% of the stock is owned by insiders.

Hedge Funds Weigh In On BankUnited

A number of hedge funds have recently made changes to their positions in BKU. Vanguard Group Inc. raised its position in BankUnited by 3.1% in the first quarter. Vanguard Group Inc. now owns 9,483,630 shares of the financial services provider’s stock valued at $265,542,000 after purchasing an additional 280,993 shares during the period. Dimensional Fund Advisors LP boosted its holdings in BankUnited by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,583,059 shares of the financial services provider’s stock valued at $134,144,000 after acquiring an additional 315,872 shares during the period. Millennium Management LLC grew its position in BankUnited by 49.2% in the 2nd quarter. Millennium Management LLC now owns 2,247,271 shares of the financial services provider’s stock valued at $65,778,000 after acquiring an additional 740,896 shares in the last quarter. Jennison Associates LLC increased its stake in BankUnited by 6.4% during the first quarter. Jennison Associates LLC now owns 1,552,387 shares of the financial services provider’s stock worth $43,467,000 after purchasing an additional 93,119 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of BankUnited by 17.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 935,237 shares of the financial services provider’s stock worth $30,330,000 after purchasing an additional 136,291 shares in the last quarter. Hedge funds and other institutional investors own 99.70% of the company’s stock.

BankUnited Company Profile

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.