NYSE:ITUB Itaú Unibanco (ITUB) Stock Forecast, Price & News $5.34 -0.09 (-1.66%) (As of 05/19/2023 08:48 PM ET) Add Compare Share Share Today's Range$5.29▼$5.3650-Day Range$4.33▼$5.4952-Week Range$3.90▼$6.07Volume21.46 million shsAverage Volume29.84 million shsMarket Capitalization$52.33 billionP/E Ratio9.05Dividend Yield0.75%Price Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Itaú Unibanco MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside31.1% Upside$7.00 Price TargetShort InterestHealthy0.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.01Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth8.57%From $0.70 to $0.76 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsFinance Sector211th out of 874 stocksState Commercial Banks Industry70th out of 184 stocks 3.4 Analyst's Opinion Consensus RatingItaú Unibanco has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Itaú Unibanco has a forecasted upside of 31.1% from its current price of $5.34.Amount of Analyst CoverageItaú Unibanco has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.62% of the float of Itaú Unibanco has been sold short.Short Interest Ratio / Days to CoverItaú Unibanco has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Itaú Unibanco has recently decreased by 0.07%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldItaú Unibanco has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthItaú Unibanco does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Itaú Unibanco is 6.78%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Itaú Unibanco will have a dividend payout ratio of 5.26% next year. This indicates that Itaú Unibanco will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ITUB. Previous Next 2.2 News and Social Media Coverage News SentimentItaú Unibanco has a news sentiment score of 0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Itaú Unibanco this week, compared to 2 articles on an average week.Search Interest14 people have searched for ITUB on MarketBeat in the last 30 days. This is an increase of 180% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Itaú Unibanco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of Itaú Unibanco is held by insiders.Percentage Held by InstitutionsOnly 2.25% of the stock of Itaú Unibanco is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Itaú Unibanco are expected to grow by 8.57% in the coming year, from $0.70 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Itaú Unibanco is 9.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Itaú Unibanco is 9.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 159.66.Price to Earnings Growth RatioItaú Unibanco has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioItaú Unibanco has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Itaú Unibanco (NYSE:ITUB) StockItaú Unibanco Holding SA provides financial products and services to individual and corporate clients in Brazil and abroad. It operates through the following segments: Retail Banking, Wholesale Banking, and Activities with the Market and Corporation. The Retail Banking segment includes credit cards, asset management, insurance, pension plan and capitalization products, and a variety of credit products and services for individuals and small companies. The Wholesale Bank segment offers corporate and investment banking activities, including its middle-market banking business. The Activities with the Market and Corporation segment deals with the result arising from capital surplus, subordinated debt surplus and the net balance of tax credits and debts. The company was founded in 1924 and is headquartered in São Paulo, Brazil.Read More Receive ITUB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Itaú Unibanco and its competitors with MarketBeat's FREE daily newsletter. Email Address ITUB Stock News HeadlinesMay 16, 2023 | finance.yahoo.comMitsubishi UFJ (MUFG) Earnings Decline Y/Y in Fiscal 2022May 9, 2023 | markets.businessinsider.comWhat Wall Street expects from Itau Unibanco's earningsMay 22, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 9, 2023 | finance.yahoo.comITUB or IBN: Which Is the Better Value Stock Right Now?May 8, 2023 | seekingalpha.comItaú Unibanco Holding S.A. 2023 Q1 - Results - Earnings Call PresentationMay 8, 2023 | finance.yahoo.comUPDATE 1-Brazil's Itau Unibanco first-quarter net profit up 14.6%May 8, 2023 | finance.yahoo.comBrazil's Itau Unibanco first-quarter net profit up 14.6%May 2, 2023 | finance.yahoo.comITAÚ UNIBANCO - Launch of the Integrated Annual Report and ESG Report 2022May 22, 2023 | Behind the Markets (Ad)Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software"Denver firm proves its possible to use AI to save the lives of soldiers in combat. England, Germany, Japan and Australia have all signed contracts within the past 18 months. Get the name of the stock here >>>April 28, 2023 | finance.yahoo.comITAÚ UNIBANCO -Itaú Unibanco Holding's 2022 Annual Report on Form 20-F filed with the SEC and the CVMApril 18, 2023 | marketwatch.comITAÚ UNIBANCO - 1Q23 RESULTSApril 11, 2023 | finance.yahoo.comITAÚ UNIBANCO - MATERIAL FACT - SETTLEMENT AGREEMENT WITH THE GOVERNMENT OF THE STATE OF PARANÁApril 2, 2023 | americanbankingnews.comItaú Unibanco Holding S.A. (NYSE:ITUB) Plans Monthly Dividend of $0.00March 31, 2023 | finance.yahoo.com12 Cheap Penny Stocks to Buy According to Hedge FundsMarch 28, 2023 | nasdaq.comGuru Fundamental Report for ITUB - Peter LynchMarch 27, 2023 | finance.yahoo.comBanco Itau (ITUB) Could Be a Great ChoiceMarch 23, 2023 | americanbankingnews.comItaú Unibanco Holding S.A. (NYSE:ITUB) Declares Dividend Increase - $0.04 Per ShareMarch 16, 2023 | finance.yahoo.comShould You Consider Adding Itaú Unibanco Holding S.A. (ITUB) to Your Portfolio?March 9, 2023 | finance.yahoo.comArgentina’s Worst Drought in Memory Lands New Blow to EconomyMarch 2, 2023 | finance.yahoo.comITAÚ UNIBANCO HOLDING S.A.March 2, 2023 | benzinga.comItau Unibanco Holding Stock (NYSE:ITUB), DividendsFebruary 24, 2023 | benzinga.comItau Unibanco Holding's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowFebruary 19, 2023 | nasdaq.comFirst Week of ITUB April 21st Options TradingFebruary 10, 2023 | finance.yahoo.comItau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) (NYSE:ITUB) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Thursday, February 9February 8, 2023 | ca.finance.yahoo.comAmericanas accounting scandal was a 'fraud,' says CEO of Brazil's ItauFebruary 7, 2023 | finance.yahoo.comITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ITUB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Itaú Unibanco and its competitors with MarketBeat's FREE daily newsletter. Email Address ITUB Company Calendar Last Earnings11/03/2020Ex-Dividend for 6/12 Dividend5/02/2023Today5/21/2023Ex-Dividend for 7/13 Dividend6/01/2023Dividend Payable6/12/2023Dividend Payable7/13/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:ITUB CUSIPN/A CIK1132597 Webwww.itau.com.brsector Phone551127943547Fax55-11-2794-3933Employees99,598Year Founded2008Price Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+31.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio9.05 Forward P/E Ratio7.63 P/E Growth0.63Net Income$5.75 billion Net Margins10.38% Pretax Margin12.49% Return on Equity17.88% Return on Assets1.37% Debt Debt-to-Equity Ratio2.40 Current Ratio1.57 Quick Ratio1.57 Sales & Book Value Annual Sales$54.88 billion Price / Sales0.95 Cash Flow$0.70 per share Price / Cash Flow7.63 Book Value$3.57 per share Price / Book1.50Miscellaneous Outstanding Shares9,800,000,000Free Float9,740,220,000Market Cap$52.33 billion OptionableOptionable Beta0.66 Social Links Key ExecutivesMilton Maluhy FilhoChief Executive OfficerAlexsandro Broedel LopesChief Financial OfficerRicardo Ribeiro Mandacaru GuerraChief Information OfficerAndre Balestrin CestareHead-Financial PlanningTatiana GreccoHead-Capital Market & Liquidity Risk DepartmentKey CompetitorsBank of Nova ScotiaNYSE:BNSBanco BradescoNYSE:BBDBank of New York MellonNYSE:BKBanco BradescoNYSE:BBDOState StreetNYSE:STTView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 483,166 shares on 5/18/2023Ownership: 0.163%New York State Common Retirement FundBought 507,582 shares on 5/18/2023Ownership: 0.006%Boston Common Asset Management LLCBought 1,054,273 shares on 5/17/2023Ownership: 0.030%Thrivent Financial for LutheransBought 41,205 shares on 5/17/2023Ownership: 0.003%HBK Sorce Advisory LLCBought 2,000 shares on 5/16/2023Ownership: 0.001%View All Institutional Transactions ITUB Stock - Frequently Asked Questions Should I buy or sell Itaú Unibanco stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Itaú Unibanco in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ITUB shares. View ITUB analyst ratings or view top-rated stocks. What is Itaú Unibanco's stock price forecast for 2023? 4 equities research analysts have issued 12-month target prices for Itaú Unibanco's stock. Their ITUB share price forecasts range from $7.00 to $7.00. On average, they expect the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 31.1% from the stock's current price. View analysts price targets for ITUB or view top-rated stocks among Wall Street analysts. How have ITUB shares performed in 2023? Itaú Unibanco's stock was trading at $4.71 at the beginning of the year. Since then, ITUB shares have increased by 13.4% and is now trading at $5.34. View the best growth stocks for 2023 here. Are investors shorting Itaú Unibanco? Itaú Unibanco saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 29,750,000 shares, a decline of 34.7% from the March 31st total of 45,540,000 shares. Based on an average trading volume of 32,140,000 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.6% of the company's stock are sold short. View Itaú Unibanco's Short Interest. When is Itaú Unibanco's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our ITUB earnings forecast. How were Itaú Unibanco's earnings last quarter? Itaú Unibanco Holding S.A. (NYSE:ITUB) issued its quarterly earnings data on Tuesday, November, 3rd. The bank reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The bank earned $4.80 billion during the quarter, compared to analysts' expectations of $5.46 billion. Itaú Unibanco had a trailing twelve-month return on equity of 17.88% and a net margin of 10.38%. How often does Itaú Unibanco pay dividends? What is the dividend yield for Itaú Unibanco? Itaú Unibanco declared a monthly dividend on Thursday, May 11th. Shareholders of record on Friday, June 2nd will be given a dividend of $0.003 per share on Thursday, July 13th. This represents a $0.04 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Thursday, June 1st. Read our dividend analysis for ITUB. What ETFs hold Itaú Unibanco's stock? ETFs with the largest weight of Itaú Unibanco (NYSE:ITUB) stock in their portfolio include iShares Latin America 40 ETF (ILF), Avantis Emerging Markets Value ETF (AVES), iShares Global Financials ETF (IXG) and SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM).SPDR MSCI ACWI ex-US ETF (CWI). Is Itaú Unibanco a good dividend stock? Itaú Unibanco (NYSE:ITUB) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 6.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITUB will have a dividend payout ratio of 5.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ITUB. What is Roberto Egydio Setubal's approval rating as Itaú Unibanco's CEO? 195 employees have rated Itaú Unibanco Chief Executive Officer Roberto Egydio Setubal on Glassdoor.com. Roberto Egydio Setubal has an approval rating of 98% among the company's employees. This puts Roberto Egydio Setubal in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Itaú Unibanco own? Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Unibanco investors own include Bank of America (BAC), Coty (COTY), Petróleo Brasileiro S.A. - Petrobras (PBR), Exxon Mobil (XOM), Intel (INTC), Pfizer (PFE), AT&T (T), Bristol-Myers Squibb (BMY), Ford Motor (F) and Cisco Systems (CSCO). What is Itaú Unibanco's stock symbol? Itaú Unibanco trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITUB." Who are Itaú Unibanco's major shareholders? Itaú Unibanco's stock is owned by many different institutional and retail investors. Top institutional investors include Perpetual Ltd (0.49%), Franklin Resources Inc. (0.34%), Robeco Institutional Asset Management B.V. (0.31%), Itau Unibanco Holding S.A. (0.24%), BlackRock Inc. (0.21%) and Dodge & Cox (0.19%). How do I buy shares of Itaú Unibanco? Shares of ITUB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Itaú Unibanco's stock price today? One share of ITUB stock can currently be purchased for approximately $5.34. How much money does Itaú Unibanco make? Itaú Unibanco (NYSE:ITUB) has a market capitalization of $52.33 billion and generates $54.88 billion in revenue each year. The bank earns $5.75 billion in net income (profit) each year or $0.59 on an earnings per share basis. How many employees does Itaú Unibanco have? The company employs 99,598 workers across the globe. How can I contact Itaú Unibanco? Itaú Unibanco's mailing address is Praca Alfredo Egydio de Souza Aranha 100, Sao Paulo D5, 04344-902. The official website for the company is www.itau.com.brsector. The bank can be reached via phone at 551127943547, via email at investor.relations@itau-unibanco.com, or via fax at 55-11-2794-3933. This page (NYSE:ITUB) was last updated on 5/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Itaú Unibanco Holding S.A. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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