Cantor Fitzgerald lowers BankUnited stock price target to $52

Cantor Fitzgerald has reduced its price target for BankUnited Inc. shares to $52 from $54, while maintaining an Overweight rating on the stock. The firm adjusted its financial estimates for the bank, lowering its fiscal 2026 core earnings per share forecast to $3.83 from $3.85 and its fiscal 2027 estimate to $4.60 from $4.70. This aligns with broader analyst sentiment, as 9 analysts have revised their earnings downwards for the upcoming period due to reduced net interest income expectations based on a lower projected net interest margin.

However, the impact is partially offset by lower anticipated provision expenses. BankUnited, a bank holding company headquartered in Miami Lakes, Florida, currently trades at $41.71 with a market cap of $2.97 billion and a P/E ratio of 11.44. Despite the reduced estimates, the company maintains a 3.16% dividend yield and has raised its dividend for 7 consecutive years.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.