BankUnited Inc (NYSE: BKU) is 16.13% higher on its value in year-to-date trading and has touched a low of $20.84 and a high of $39.51 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BKU stock was last observed hovering at around $36.92 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $37.66, the stock is 1.96% and 4.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.87 million and changing 2.00% at the moment leaves the stock 24.19% off its SMA200. BKU registered 59.85% gain for a year compared to 6-month gain of 38.10%.
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The stock witnessed a 3.80% loss in the last 1 month and extending the period to 3 months gives it a 34.12%, and is 8.47% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.27% over the week and 2.98% over the month.
BankUnited Inc (BKU) has around 1588 employees, a market worth around $2.82B and $2.01B in sales. Current P/E ratio is 16.75 and Fwd P/E is 11.32. Profit margin for the company is 10.17%. Distance from 52-week low is 80.71% and -4.68% from its 52-week high. The company has generated returns on investments over the last 12 months (6.00%).
The EPS is expected to shrink by -3.38% this year
324.0 institutions hold shares in BankUnited Inc (BKU), with institutional investors hold 104.77% of the company’s shares. The shares outstanding are 74.37M, and float is at 74.02M with Short Float at 3.93%. Institutions hold 103.71% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.79 million shares valued at $315.97 million. The investor’s holdings represent 14.7108 of the BKU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.61 million shares valued at $281.25 million to account for 13.0943 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 4.58 million shares representing 6.2455 and valued at over $134.14 million, while STATE STREET CORP holds 6.1572 of the shares totaling 4.52 million with a market value of $132.25 million.
BankUnited Inc (BKU) Insider Activity
The most recent transaction is an insider sale by Rubenstein William S., the company’s Director. SEC filings show that Rubenstein William S. sold 7,864 shares of the company’s common stock on Jul 31 ’24 at a price of $38.57 per share for a total of $0.3 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Jul 22 ’24, Richards Jay D. (Officer of Subsidiary) disposed off 10,143 shares at an average price of $36.61 for $0.37 million. The insider now directly holds 37,187 shares of BankUnited Inc (BKU).
