Somewhat Positive News Coverage Somewhat Unlikely to Impact BankUnited (BKU) Stock Price

Media coverage about BankUnited (NYSE:BKU) has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BankUnited earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.8089997042563 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of NYSE:BKU opened at $43.24 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.45. The company has a market cap of $4.64 billion, a PE ratio of 16.32, a PEG ratio of 1.50 and a beta of 1.07. BankUnited has a 1-year low of $30.37 and a 1-year high of $44.97.

BankUnited (NYSE:BKU) last posted its earnings results on Wednesday, April 25th. The financial services provider reported $0.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.72 by $0.05. The business had revenue of $275.80 million during the quarter, compared to the consensus estimate of $271.96 million. BankUnited had a return on equity of 11.16% and a net margin of 45.31%. During the same quarter last year, the company earned $0.57 EPS. research analysts expect that BankUnited will post 3.3 EPS for the current year.

A number of research firms have issued reports on BKU. Sandler O’Neill raised BankUnited from a “hold” rating to a “buy” rating in a report on Thursday, April 26th. Zacks Investment Research lowered BankUnited from a “buy” rating to a “hold” rating in a report on Thursday, April 5th. UBS Group started coverage on BankUnited in a report on Wednesday, March 21st. They set a “neutral” rating and a $45.00 price objective on the stock. Finally, ValuEngine lowered BankUnited from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. BankUnited currently has an average rating of “Hold” and an average price target of $42.92.

In related news, insider Mark Bagnoli sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $40.63, for a total transaction of $40,630.00. Following the completion of the transaction, the insider now owns 25,118 shares in the company, valued at approximately $1,020,544.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Rajinder P. Singh sold 74,927 shares of the firm’s stock in a transaction that occurred on Tuesday, May 22nd. The stock was sold at an average price of $43.26, for a total value of $3,241,342.02. Following the transaction, the insider now owns 305,221 shares of the company’s stock, valued at approximately $13,203,860.46. The disclosure for this sale can be found here. Insiders have sold a total of 198,378 shares of company stock valued at $8,411,444 in the last 90 days. 2.30% of the stock is owned by corporate insiders.

BankUnited Company Profile

BankUnited, Inc operates as the bank holding company for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate customers in the United States. The company offers deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit; and treasury management services.

Insider Buying and Selling by Quarter for BankUnited (NYSE:BKU)

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