FirstSun Capital Bancorp (NASDAQ:FSUN) Given Consensus Recommendation of "Moderate Buy" by Analysts

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $44.00.

Several research analysts have recently weighed in on FSUN shares. Raymond James Financial reiterated an "outperform" rating on shares of FirstSun Capital Bancorp in a research note on Tuesday, January 27th. Weiss Ratings downgraded FirstSun Capital Bancorp from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday. Stephens cut their price target on FirstSun Capital Bancorp from $44.00 to $43.00 and set an "overweight" rating for the company in a research note on Wednesday, April 29th. Zacks Research downgraded FirstSun Capital Bancorp from a "hold" rating to a "strong sell" rating in a research note on Friday, May 1st. Finally, Piper Sandler set a $45.00 price target on FirstSun Capital Bancorp in a report on Wednesday, April 29th.

FirstSun Capital Bancorp Stock Performance

Shares of FirstSun Capital Bancorp stock opened at $36.73 on Thursday. The company has a market cap of $1.03 billion, a PE ratio of 10.83 and a beta of 0.41. FirstSun Capital Bancorp has a 52 week low of $29.95 and a 52 week high of $42.34. The business has a 50 day moving average price of $36.88 and a 200-day moving average price of $36.97. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.03.

FirstSun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last issued its quarterly earnings data on Monday, April 27th. The company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.06). The company had revenue of $109.95 million during the quarter. FirstSun Capital Bancorp had a return on equity of 8.90% and a net margin of 16.52%. Equities analysts anticipate that FirstSun Capital Bancorp will post 3.44 earnings per share for the current fiscal year.

Insider Activity at FirstSun Capital Bancorp

In related news, Director Peter E. Murphy purchased 1,500 shares of the business's stock in a transaction dated Monday, March 16th. The stock was purchased at an average cost of $35.28 per share, with a total value of $52,920.00. Following the completion of the acquisition, the director directly owned 1,500 shares of the company's stock, valued at approximately $52,920. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 12.52% of the stock is owned by insiders.

Hedge Funds Weigh In On FirstSun Capital Bancorp

Large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new position in shares of FirstSun Capital Bancorp in the third quarter worth $41,000. New York State Common Retirement Fund bought a new stake in FirstSun Capital Bancorp during the second quarter valued at $139,000. Quantbot Technologies LP boosted its stake in FirstSun Capital Bancorp by 508.9% during the second quarter. Quantbot Technologies LP now owns 4,871 shares of the company's stock valued at $169,000 after buying an additional 4,071 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in FirstSun Capital Bancorp during the fourth quarter valued at $214,000. Finally, Squarepoint Ops LLC bought a new stake in FirstSun Capital Bancorp during the fourth quarter valued at $216,000.

About FirstSun Capital Bancorp

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.

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