BankUnited which can be found using ticker (BKU) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 37.5 and 23 calculating the mean target price we have $29.35. Now with the previous closing price of $21.21 this is indicating there is a potential upside of 38.4%. The 50 day moving average now sits at $27.39 and the 200 moving average now moves to $34.08. The total market capitalization for the company now stands at $1,602m. You can visit the company’s website by visiting: https://www.bankunited.com
The potential market cap would be $2,216m based on the market consensus.
BankUnited 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. Its loans portfolio includes commercial loans, including equipment loans, secured and unsecured lines of credit, formula-based lines of credit, owner-occupied commercial real estate term loans and lines of credit, mortgage warehouse lines, capital call lines, letters of credit, commercial credit cards, small business administration and U.S. department of agriculture product offerings, export-import bank financing products, trade finance, and business acquisition finance credit facilities; commercial real estate loans; residential mortgages; and other consumer loans. The company also offers online, mobile, and telephone banking services. It operates through a network of banking centers located in Florida counties and the New York metropolitan area, as well as Dallas, Texas. The company was formerly known as BU Financial Corporation. BankUnited was incorporated in 2009 and is headquartered in Miami Lakes, Florida.
The company has a dividend yield of 5.09% with the ex dividend date set at 11-4-2023 (DMY).
Other points of data to note are a P/E ratio of 6.08, revenue per share of 11.62 and a 0.78% return on assets.
