In the last trading session, 14.94 million shares of the Itau Unibanco Holding S.A. ADR (NYSE:ITUB) were traded, and its beta was 0.75. Most recently the company’s share price was $6.74, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $35.92B. ITUB currently trades at a discount to its 52-week high of $6.85, offering almost -1.63% off that amount. The share price’s 52-week low was $4.37, which indicates that the current value has risen by an impressive 35.16% since then. We note from Itau Unibanco Holding S.A. ADR’s average daily trading volume that its 10-day average is 25.05 million shares, with the 3-month average coming to 29.03 million.
Itau Unibanco Holding S.A. ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended ITUB as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Itau Unibanco Holding S.A. ADR is expected to report earnings per share of 0.18 for the current quarter.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB) trade information
The performance over the last five days has remained in the green territory. The rise to weekly highs of 6.78 on recent trading dayincreased the stock’s daily price by 0.59%. The company’s shares are currently up 51.32% year-to-date, but still up 3.06% over the last five days. On the other hand, Itau Unibanco Holding S.A. ADR (NYSE:ITUB) is 0.30% up in the 30-day period. We can see from the shorts that 104.36 million shares have been sold at a short interest cover period of 3.0 day(s).
The consensus price target as assigned by Wall Street analysts is $6.8, which translates to bulls needing to increase their stock price by 0.88% from its current value. Analyst projections state that ITUB is forecast to be at a low of $6.8 and a high of $6.8.
Itau Unibanco Holding S.A. ADR (ITUB) estimates and forecasts
The year-over-year growth rate is expected to be 7.15%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 44.75B in revenue for the current quarter. 3 analysts expect Itau Unibanco Holding S.A. ADR to make 45.61B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 42.41B and 42.69B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.51%. Forecasts for the next quarter put sales growth at 6.84%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.98%. Itau Unibanco Holding S.A. ADR earnings are expected to increase by 13.95% in 2025, but the outlook is positive 9.41% per year for the next five years.
ITUB Dividends
Itau Unibanco Holding S.A. ADR’s next quarterly earnings report is expected to be released on 2025-May-07. The annual dividend yield of the stock is 3.83 percent and its annual dividend per share was 0.26. It is important to note, however, that the 3.83% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.4 per year.
Itau Unibanco Holding S.A. ADR (NYSE:ITUB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.00% of Itau Unibanco Holding S.A. ADR shares, and 22.67% of them are in the hands of institutional investors. The stock currently has a share float of 22.67%. Itau Unibanco Holding S.A. ADR stock is held by 467.0 institutions, with SCHRODER INVESTMENT MANAGEMENT GROUP being the largest institutional investor. By 2024-06-30, it held 0.8745% of the shares, which is about 85.63 million shares worth $500.09 million.
WESTWOOD GLOBAL INVESTMENTS, LLC, with 0.607% or 59.44 million shares worth $347.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
