BankUnited (NYSE:BKU) Downgraded by Royal Bank of Canada to Sector Perform

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BankUnited stock has undergone multiple analysts rating changes in the recent past.  BankUnited Downgraded by Royal Bank of Canada on 10/22/2021. In a note to investors, the firm issued a new rating of Sector Perform. The analysts previously had rating of Outperform.

Shares of BankUnited traded down -$0.78 on Thursday, reaching $41.62. 1068419 shares of the stock traded hands, compared to its average volume of 728385. Shares of BankUnited were trading at $41.62 on Thursday. The firm’s 50 day moving average is $41.62 and its 200 day moving average is $42.67.BankUnited has a 12 month low of $41.38 and a 12 month high of $50.71. While on yearly highs and lows, BankUnited’s today has traded high as $42.34 and has touched $41.38 on the downward trend. See More Analyst Rating at: RATING

BankUnited Earnings and What to expect: 

BankUnited last posted its quarterly earnings data on October 20th, 2021. The financial services provider reported $0.94 EPS for the quarter, beating the consensus estimate of $0.88 by $0.06. BankUnited has generated $2.06 earnings per share over the last year ($3.76 diluted earnings per share) and currently has a price-to-earnings ratio of 11.1. Earnings for BankUnited are expected to decrease by -10.86% in the coming year, from $3.96 to $3.53 per share. BankUnited has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, January 20th, 2022 based off prior year’s report dates.

Earnings for BankUnited are expected to decrease by -10.86% in the coming year, from $3.96 to $3.53 per share. The P/E ratio of BankUnited is 11.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.87. The P/E ratio of BankUnited is 11.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.56. BankUnited has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

BankUnited (NYSE:BKU) Moving Average Technical Analysis

5 day Moving Average is $42.42 And 5 day price change is -$0.40 (-0.94%)  with average volume for 5 day average is 729,643. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $42.45 and 20 day price change is $0.30 (0.71%) and average 20 day moving volume is 699,361. 50 day moving average is $41.62  and 50 day price change is -$0.95 ( -2.24%)  and with average volume for 50 days is : 635,054. 200 day moving average is $42.67  and 200 day price change is $2.07 (5.22%)  and with average volume for 200 days is : 575,150.

Other owners latest trading in BankUnited :

  • On 10/21/2021 shares held by Everence Capital Management Inc. were 14,690 which equates to market value of $0.61M and appx 0.10% owners of BankUnited
  • On 10/21/2021 shares held by Sciencast Management LP were 8,030 which equates to market value of $0.33M and appx 0.10% owners of BankUnited
  • On 10/21/2021 shares held by Virginia Retirement Systems ET AL were 45,200 which equates to market value of $1.89M and appx 0.00% owners of BankUnited
  • In total Institutional ownership equates to Institutional Ownership Percentage: 98.59% for BankUnited

See More Analyst Rating at: RATING