BankUnited (BKU) Given News Sentiment Score of 0.06
News articles about BankUnited (NYSE:BKU) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BankUnited earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 47.3216230505005 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of brokerages recently issued reports on BKU. BidaskClub downgraded BankUnited from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 22nd. ValuEngine raised BankUnited from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. J P Morgan Chase & Co downgraded BankUnited from a “neutral” rating to an “underweight” rating and set a $35.00 price target on the stock. in a research report on Wednesday, November 1st. Zacks Investment Research downgraded BankUnited from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $41.00 price target on shares of BankUnited in a research report on Thursday, September 28th. Three analysts have rated the stock with a sell rating, three have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $40.27.
Shares of BankUnited (NYSE BKU) opened at $34.62 on Thursday. The firm has a market capitalization of $3,585.96, a price-to-earnings ratio of 14.10, a price-to-earnings-growth ratio of 1.58 and a beta of 1.08. BankUnited has a twelve month low of $30.37 and a twelve month high of $41.00. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.86.
BankUnited (NYSE:BKU) last issued its earnings results on Tuesday, October 31st. The financial services provider reported $0.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.03. The firm had revenue of $294.59 million for the quarter, compared to the consensus estimate of $273.51 million. BankUnited had a return on equity of 10.23% and a net margin of 19.82%. During the same quarter last year, the business posted $0.47 EPS. equities research analysts expect that BankUnited will post 2.39 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th were issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Friday, October 13th. BankUnited’s dividend payout ratio is presently 35.29%.
In other BankUnited news, Chairman John Adam Kanas sold 78,190 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $33.18, for a total value of $2,594,344.20. Following the sale, the chairman now owns 565,076 shares of the company’s stock, valued at approximately $18,749,221.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.90% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.watchlistnews.com/bankunited-bku-given-news-sentiment-score-of-0-06/1705988.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 Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BankUnited Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.