Let’s Jump Into The Itau Unibanco Holding S.A. ADR (NYSE: ITUB) Stock Forecast

In the latest trading session,, 4.14 million Itau Unibanco Holding S.A. ADR (NYSE:ITUB) shares changed hands as the company’s beta touched 0.97. With the company’s most recent per share price at $5.93 changing hands around $0.0 or -0.08% at last look, the market valuation stands at $28.71B. ITUB’s current price is a discount, trading about -21.42% off its 52-week high of $7.20. The share price had its 52-week low at $5.02, which suggests the last value was 15.35% up since then. When we look at Itau Unibanco Holding S.A. ADR’s average trading volume, we note the 3-month average coming to 17.30 million.

Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information

Instantly ITUB was in red as seen in intraday trades today. With action 0.77%, the performance over the past five days has been green. The drop to weekly highs of 5.99 subtracted -0.08% to the stock’s daily price. The company’s shares are showing year-to-date downside of -13.91%, with the 5-day performance at 0.77% in the green. However, in the 30-day time frame, Itau Unibanco Holding S.A. ADR (NYSE:ITUB) is -9.21% down.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts

Data shows that the Itau Unibanco Holding S.A. ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -9.02% over the past 6 months, a 10.96% in annual growth rate that is considerably higher than the industry average of 2.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.71%. The 2024 estimates are for Itau Unibanco Holding S.A. ADR earnings to increase by 17.87%, but the outlook for the next 5-year period is at 10.00% per year.

ITUB Dividends

Itau Unibanco Holding S.A. ADR is expected to release its next quarterly earnings report in July. The 3.76% annual yield figure for the share gives it an annual dividend of 0.22. It is important to note, however, that the 3.76% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.