|Bid||34.18 x 900|
|Ask||34.19 x 800|
|Day's Range||34.07 - 34.61|
|52 Week Range||28.05 - 44.97|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||11.91|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.84 (2.30%)|
|1y Target Est||38.86|
Days after the Business Journal broke the story that BankUnited would lay off workers, the company's CEO said the bank is cutting jobs and closing branches to ensure it survives the next decade. As BankUnited Inc. (NYSE: BKU) approaches its 10th anniversary, Chairman, President and CEO Raj Singh said the Miami Lakes-based community bank will eliminate an unspecified number of positions and shutter some branches. It's all part of its "BankUnited 2.0" strategy, which involves slashing $40 million in operating expenses and identifying $20 million in revenue by the end of 2020.
BankUnited Inc NYSE:BKUView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for BKU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BKU. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.17 billion over the last one-month into ETFs that hold BKU are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
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This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at BankUnited, Inc.'s (NYSE:BKU) P/E ratio and reflect on what it tells us about the company's share price. Lo...
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