BankUnited, Inc. with ticker code (BKU) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 37.5 and 23 calculating the average target price we see $29.35. Given that the stocks previous close was at $21.31 this is indicating there is a potential upside of 37.7%. Also worth taking note is the 50 day moving average now sits at $27.71 and the 200 moving average now moves to $34.14. The company has a market cap of $1,579m. Find out more information at: https://www.bankunited.com
The potential market cap would be $2,174m based on the market consensus.
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. 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, Inc. 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 5.99, revenue per share of 11.62 and a 0.78% return on assets.
