Barclays analyst Jared Shaw maintained a Hold rating on BankUnited (BKU – Research Report) today and set a price target of $29.00. The company’s shares closed yesterday at $27.06.
Shaw covers the Financial sector, focusing on stocks such as NY Community, Prosperity Bancshares, and Webster Financial. According to TipRanks, Shaw has an average return of -3.7% and a 45.65% success rate on recommended stocks.
BankUnited has an analyst consensus of Hold, with a price target consensus of $31.30.
Based on BankUnited’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $234.3 million and a net profit of $20.81 million. In comparison, last year the company earned a revenue of $269.88 million and had a net profit of $64.21 million
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is neutral on the stock.
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BankUnited (BKU) Company Description:
BankUnited, Inc. is a holding company, which engages in the provision of banking and related services to individual and corporate customers. It also offers commercial lending and deposit products through national platforms. The company was founded on May 21, 2009 and is headquartered in Miami Lakes, FL.
