What 4 Analyst Ratings Have To Say About BankUnited
Portfolio Pulse from Benzinga Insights
BankUnited (NYSE:BKU) has been rated by 4 analysts in the past quarter, with 3 indifferent and 1 bearish ratings. The average 12-month price target is $26.25, down 7.89% from the previous $28.50. Analysts from Goldman Sachs, Wells Fargo, and JP Morgan have adjusted their price targets and ratings, reflecting their views on the company's market conditions and performance. BankUnited is a regional bank with a focus on small to middle-market businesses, primarily in Florida and New York City. The company has seen a revenue decline of -6.31% and faces challenges in profitability and financial performance, with a net margin of 19.08%, ROE of 1.83%, ROA of 0.13%, and a high debt-to-equity ratio of 2.33.

December 18, 2023 | 4:01 pm
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NEGATIVE IMPACT
BankUnited received 3 indifferent and 1 bearish ratings from analysts, with a reduced average price target of $26.25. The company's financial performance shows a revenue decline and challenges in profitability and debt management.
The reduction in the average price target and the presence of a bearish rating among analysts suggest a negative sentiment towards BKU's stock. The company's recent financial performance, including a revenue decline and lower profitability metrics, supports the likelihood of a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100