BankUnited Might Be Ready For A Downgrade Before Too Long [Seeking Alpha]
BankUnited, Inc. (BKU)
Last bankunited, inc. earnings: 4/29 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
ir.bankunited.com
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Source: Seeking Alpha
Daniel Jones Investing Group Leader Follow Play 12min Summary I initially rated BankUnited, Inc. a “buy” in June 2023, but after downgrading to “hold,” shares surged another 65.1%, outperforming the market. BankUnited's recent financials show growth in deposits, securities, and net interest income, but a decline in loans and non-interest income. The bank's valuation appears pricey with a P/E multiple of 17.3, higher than my preferred 6-10 range, and relatively low asset quality. Despite some positive growth, I maintain a “hold” rating for BankUnited, with potential for a downgrade if fundamentals deteriorate or share prices rise further. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Black Friday Sale: Get 20% Off PM Images One of the biggest downsides to value investing is that you develop the tendency to become overly conservative. This is good because it help
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BKU
News
- BankUnited, Inc. (NYSE: BKU) had its price target lowered by analysts at Barclays PLC from $45.00 to $44.00. They now have an "equal weight" rating on the stock.MarketBeat
- BankUnited, Inc. (NYSE: BKU) had its price target raised by analysts at Compass Point from $42.00 to $49.00. They now have a "buy" rating on the stock.MarketBeat
- BankUnited, Inc. (NYSE: BKU) had its price target raised by analysts at Barclays PLC from $39.00 to $45.00. They now have an "equal weight" rating on the stock.MarketBeat
- BankUnited, Inc. (NYSE: BKU) had its price target raised by analysts at Keefe, Bruyette & Woods from $38.00 to $45.00. They now have a "market perform" rating on the stock.MarketBeat
- BankUnited, Inc. (NYSE: BKU) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $36.00 to $42.00. They now have a "sell" rating on the stock.MarketBeat
BKU
Earnings
- 10/22/24 - Beat
BKU
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/14/24 - Form SC
- BKU's page on the SEC website