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S&P 500   5,088.80
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Stock ideas from the 2024 Microcap Conference
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies

First Busey (BUSE) Stock Price, News & Analysis

$23.05
-0.09 (-0.39%)
(As of 02/23/2024 ET)
Today's Range
$22.95
$23.42
50-Day Range
$22.41
$25.41
52-Week Range
$16.26
$25.80
Volume
106,239 shs
Average Volume
166,513 shs
Market Capitalization
$1.27 billion
P/E Ratio
10.62
Dividend Yield
4.16%
Price Target
$24.50

First Busey MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.3% Upside
$24.50 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.49
Upright™ Environmental Score
News Sentiment
-0.41mentions of First Busey in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$615,807 Bought Last Quarter
Proj. Earnings Growth
8.41%
From $2.14 to $2.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Finance Sector

203rd out of 860 stocks

State Commercial Banks Industry

44th out of 182 stocks


BUSE stock logo

About First Busey Stock (NASDAQ:BUSE)

First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It operates through three segments: Banking, FirsTech, and Wealth Management. The Banking segment provides banking services to individual customers, such as demand and savings deposits, money transfers, safe deposit services, individual retirement accounts and other fiduciary services, automated teller machines, and technology-based networks, as well as loan products, including residential real estate, home equity lines of credit, and consumer loans. This segment also offers banking services to corporate customers, including commercial, commercial real estate, real estate construction, and agricultural loans, as well as cash management services. The FirsTech segment provides payment technology solutions comprising online, mobile, and voice-recognition bill payments; money management and credit card networks; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments, as well as tools to help clients with billing, reconciliation, bill reminders, and treasury services. The Wealth Management segment offers a range of asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services to individuals, businesses, and foundations. The company was founded in 1868 and is headquartered in Champaign, Illinois.

BUSE Stock Price History

BUSE Stock News Headlines

13 Times People Kept It Simple
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
StockNews.com Lowers First Busey (NASDAQ:BUSE) to Sell
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
KBW Reaffirms Their Hold Rating on First Financial Indiana (THFF)
First Busey (BUSE) Tops Q4 Earnings and Revenue Estimates
Here's what Wall Street expects from First Busey's earnings report
See More Headlines
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Company Calendar

Ex-Dividend for 1/26 Dividend
1/18/2024
Last Earnings
1/23/2024
Dividend Payable
1/26/2024
Today
2/24/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:BUSE
CUSIP
31938310
Employees
1,544
Year Founded
1868

Price Target and Rating

Average Stock Price Target
$24.50
High Stock Price Target
$27.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+6.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$122.57 million
Pretax Margin
28.86%

Debt

Sales & Book Value

Annual Sales
$441.84 million
Cash Flow
$3.42 per share
Book Value
$20.75 per share

Miscellaneous

Free Float
51,336,000
Market Cap
$1.27 billion
Optionable
Optionable
Beta
0.87

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BUSE Stock Analysis - Frequently Asked Questions

Should I buy or sell First Busey stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Busey in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BUSE shares.
View BUSE analyst ratings
or view top-rated stocks.

What is First Busey's stock price target for 2024?

4 brokerages have issued twelve-month target prices for First Busey's shares. Their BUSE share price targets range from $23.00 to $27.00. On average, they predict the company's share price to reach $24.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price.
View analysts price targets for BUSE
or view top-rated stocks among Wall Street analysts.

How have BUSE shares performed in 2024?

First Busey's stock was trading at $24.82 at the beginning of the year. Since then, BUSE shares have decreased by 7.1% and is now trading at $23.05.
View the best growth stocks for 2024 here
.

Are investors shorting First Busey?

First Busey saw a drop in short interest during the month of January. As of January 31st, there was short interest totaling 746,700 shares, a drop of 13.1% from the January 15th total of 859,000 shares. Based on an average trading volume of 160,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 1.5% of the company's shares are short sold.
View First Busey's Short Interest
.

When is First Busey's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our BUSE earnings forecast
.

How were First Busey's earnings last quarter?

First Busey Co. (NASDAQ:BUSE) announced its earnings results on Tuesday, January, 23rd. The bank reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.49 by $0.03. The bank earned $108.65 million during the quarter, compared to analyst estimates of $107.74 million. First Busey had a net margin of 20.37% and a trailing twelve-month return on equity of 10.54%.

How often does First Busey pay dividends? What is the dividend yield for First Busey?

First Busey announced a quarterly dividend on Tuesday, January 9th. Shareholders of record on Friday, January 19th will be paid a dividend of $0.24 per share on Friday, January 26th. This represents a $0.96 annualized dividend and a dividend yield of 4.16%. The ex-dividend date is Thursday, January 18th.
Read our dividend analysis for BUSE
.

Is First Busey a good dividend stock?

First Busey (NASDAQ:BUSE) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.14%. BUSE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BUSE will have a dividend payout ratio of 41.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BUSE.

What ETF holds First Busey's stock ?

JPMorgan Active Small Cap Value ETF holds 5,922 shares of BUSE stock, representing 1.10% of its portfolio.

What is Van A. Dukeman's approval rating as First Busey's CEO?

28 employees have rated First Busey Chief Executive Officer Van A. Dukeman on Glassdoor.com. Van A. Dukeman has an approval rating of 97% among the company's employees. This puts Van A. Dukeman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of First Busey own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Busey investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Ciner Resources (CINR), Agree Realty (ADC), Gran Tierra Energy (GTE), UMB Financial (UMBF) and Transocean (RIG).

Who are First Busey's major shareholders?

First Busey's stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.93%), Vanguard Group Inc. (5.33%), LSV Asset Management (2.33%), Northern Trust Corp (1.17%), Charles Schwab Investment Management Inc. (1.15%) and Osborne Partners Capital Management LLC (0.81%). Insiders that own company stock include Cassandra R Sanford, George Barr, Gregory B Lykins, Jeffrey David Jones, John Joseph Powers, Karen M Jensen, Michael David Cassens, Scott A Phillips, Stanley J Bradshaw and Van A Dukeman.
View institutional ownership trends
.

How do I buy shares of First Busey?

Shares of BUSE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BUSE) was last updated on 2/24/2024 by MarketBeat.com Staff