BankUnited (NYSE:BKU) Rating Lowered to “Strong Sell” at Zacks Research

BankUnited (NYSE:BKU) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Wednesday,Zacks.com reports. Zacks Research also issued estimates for BankUnited’s Q4 2026 earnings at $1.16 EPS, Q1 2027 earnings at $1.08 EPS, Q3 2027 earnings at $1.12 EPS, FY2027 earnings at $4.52 EPS and Q1 2028 earnings at $1.27 EPS.

BKU has been the topic of a number of other reports. Weiss Ratings upgraded BankUnited from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. Royal Bank Of Canada decreased their price objective on shares of BankUnited from $53.00 to $50.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 23rd. Citigroup lowered their price objective on shares of BankUnited from $45.00 to $42.00 and set a “sell” rating on the stock in a research note on Friday, July 24th. Cantor Fitzgerald restated an “overweight” rating and set a $56.00 target price on shares of BankUnited in a report on Wednesday, July 15th. Finally, Hovde Group cut their target price on shares of BankUnited from $55.00 to $53.00 and set an “outperform” rating for the company in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $51.64.

BankUnited Trading Down 1.0%

Shares of BankUnited stock opened at $46.34 on Wednesday. The company has a 50-day moving average of $47.79 and a two-hundred day moving average of $47.09. BankUnited has a 12-month low of $35.10 and a 12-month high of $52.11. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.54. The stock has a market cap of $3.30 billion, a PE ratio of 12.70 and a beta of 1.18.

BankUnited (NYSE:BKU) last announced its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.97 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.03). The firm had revenue of $284.57 million for the quarter, compared to analysts’ expectations of $290.33 million. BankUnited had a return on equity of 9.13% and a net margin of 14.76%.BankUnited’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. On average, research analysts anticipate that BankUnited will post 4.01 EPS for the current fiscal year.

Insider Activity at BankUnited

In other BankUnited news, insider Jay D. Richards sold 4,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $48.67, for a total transaction of $194,680.00. Following the sale, the insider directly owned 40,502 shares of the company’s stock, valued at $1,971,232.34. This trade represents a 8.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John N. Digiacomo sold 1,000 shares of BankUnited stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $45.97, for a total transaction of $45,970.00. Following the sale, the director owned 15,027 shares of the company’s stock, valued at approximately $690,791.19. This trade represents a 6.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 8,000 shares of company stock valued at $384,350. 1.00% of the stock is owned by insiders.

Institutional Trading of BankUnited

Hedge funds have recently bought and sold shares of the company. Allworth Financial LP purchased a new position in shares of BankUnited during the 2nd quarter worth $26,000. Strs Ohio purchased a new stake in shares of BankUnited in the first quarter valued at $28,000. Eurizon Capital SGR S.p.A. purchased a new stake in shares of BankUnited in the fourth quarter valued at $30,000. Kestra Advisory Services LLC purchased a new stake in shares of BankUnited in the fourth quarter valued at $35,000. Finally, Quarry LP increased its stake in BankUnited by 158.2% in the third 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 last quarter. Institutional investors and hedge funds own 99.70% of the company’s stock.

About BankUnited

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.