NASDAQ:BUSE First Busey - BUSE Stock Forecast, Price & News 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 First Busey Co. Please log in to your account or sign up in order to add this asset to your watchlist. $20.34 +0.36 (+1.80%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.95▼$20.4150-Day Range$19.98▼$24.8952-Week Range$19.80▼$27.98Volume246,046 shsAverage Volume233,498 shsMarket Capitalization$1.12 billionP/E Ratio8.88Dividend Yield4.72%Price Target$24.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Busey MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside21.3% Upside$24.67 Price TargetShort InterestHealthy1.27% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment0.17Based on 4 Articles This WeekInsider TradingSelling Shares$829,697 Sold Last QuarterProj. Earnings Growth1.18%From $2.54 to $2.57 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.2.55 out of 5 starsFinance Sector394th out of 890 stocksState Commercial Banks Industry109th out of 188 stocks 2.3 Analyst's Opinion Consensus RatingFirst Busey has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.67, First Busey has a forecasted upside of 21.3% from its current price of $20.34.Amount of Analyst CoverageFirst Busey has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.27% of the float of First Busey has been sold short.Short Interest Ratio / Days to CoverFirst Busey has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Busey has recently increased by 15.93%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Busey is a leading dividend payer. It pays a dividend yield of 4.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Busey has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of First Busey is 41.92%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Busey will have a dividend payout ratio of 37.35% next year. This indicates that First Busey will be able to sustain or increase its dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Busey has received a 31.62% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for First Busey is -0.49. Previous Next 1.8 News and Social Media Coverage News SentimentFirst Busey has a news sentiment score of 0.17. 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 0.43 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Busey this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for BUSE on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Busey insiders have sold 155.03% more of their company's stock than they have bought. Specifically, they have bought $325,330.00 in company stock and sold $829,697.00 in company stock.Percentage Held by InsidersOnly 7.40% of the stock of First Busey is held by insiders.Percentage Held by Institutions49.97% of the stock of First Busey is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Busey are expected to grow by 1.18% in the coming year, from $2.54 to $2.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Busey is 8.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.03.Price to Earnings Ratio vs. SectorThe P/E ratio of First Busey is 8.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 140.74.Price to Book Value per Share RatioFirst Busey has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Busey (NASDAQ:BUSE) StockFirst Busey Corp. is a bank holding company, which engages in the provision of financial services through its wholly-owned bank subsidiary. It operates through the following segments: Banking, First Tech, and Wealth Management. The Banking segment offers a range of services to individual and corporate customers through its banking center network. The First Tech segment provides solutions for online bill payments, lockbox, and walk-in payments. The Wealth Management segment includes full range of asset management, investment, and fiduciary services to individuals, businesses, and foundations, tax preparation, philanthropic advisory, and farm and brokerage services. The company was founded by Samuel Busey, Simeon Busey, and William Earhart in 1868 and is headquartered in Champaign, IL.Read More Receive BUSE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Busey and its competitors with MarketBeat's FREE daily newsletter. Email Address BUSE Stock News HeadlinesMarch 30, 2023 | msn.comTight race seen between Naperville mayoral front-runners Scott Wehrli and Benny WhiteMarch 26, 2023 | msn.comThe 12 Best Impractical Jokers Celebrity GuestsApril 1, 2023 | Vantage Point (Ad)What To Do With Your Trades TodayThere’s a tool that scans and picks the best stocks… and could give you all the consistency you need in your trading… No matter what happens in the market. Revealed Here: A.I. Predicted Stock Forecasts March 25, 2023 | americanbankingnews.comFirst Busey (NASDAQ:BUSE) Hits New 52-Week Low at $20.14March 25, 2023 | americanbankingnews.comInsider Selling: First Busey Co. (NASDAQ:BUSE) Director Sells 603 Shares of StockMarch 24, 2023 | msn.comKeanu Reeves’ net worth in 2023March 24, 2023 | msn.comMonstrous Entertainment: 10 Must-see Movies That Won't Give You NightmaresFebruary 10, 2023 | finance.yahoo.comWith 50% institutional ownership, First Busey Corporation (NASDAQ:BUSE) is a favorite amongst the big gunsApril 1, 2023 | Vantage Point (Ad)What To Do With Your Trades TodayThere’s a tool that scans and picks the best stocks… and could give you all the consistency you need in your trading… No matter what happens in the market. Revealed Here: A.I. Predicted Stock Forecasts January 25, 2023 | finanznachrichten.deFirst Busey Corporation: First Busey Announces 2022 Fourth Quarter EarningsJanuary 24, 2023 | msn.comFirst Busey Non-GAAP EPS of $0.65 misses by $0.08, revenue of $120.04M misses by $2.85MJanuary 24, 2023 | finance.yahoo.comFirst Busey Announces 2022 Fourth Quarter EarningsJanuary 24, 2023 | finance.yahoo.comFirst Busey (BUSE) Lags Q4 Earnings and Revenue EstimatesJanuary 23, 2023 | msn.comEarnings Preview For First BuseyJanuary 14, 2023 | finance.yahoo.comFirst Busey (NASDAQ:BUSE) Will Pay A Larger Dividend Than Last Year At $0.24January 13, 2023 | finance.yahoo.comProminent St. Louis banker retires, reflects on community banking careerJanuary 2, 2023 | finance.yahoo.comThe past five years for First Busey (NASDAQ:BUSE) investors has not been profitableDecember 6, 2022 | finance.yahoo.comA number of insiders bought First Busey Corporation (NASDAQ:BUSE) stock last year, which is great news for shareholdersNovember 21, 2022 | finance.yahoo.comFirst Busey (BUSE)'s Technical Outlook is Bright After Key Golden CrossNovember 20, 2022 | msn.comColleyville Heritage delivers the hits in 5A volleyball final, as Panthers claim first championshipNovember 20, 2022 | msn.comColleyville Heritage defeats Frisco Reedy to win 5A volleyball state championshipNovember 19, 2022 | msn.comCoach’s hair bet, lucky sweater help Colleyville Heritage win 5A state title over ReedyNovember 18, 2022 | msn.comColleyville Heritage sweeps Lake Creek, advances to volleyball state title matchNovember 16, 2022 | msn.comThere’s a changing of the guard in Texas high school volleyballNovember 15, 2022 | bizjournals.comFirst look at new apartments in restored former Journal Sentinel offices in downtown Milwaukee: SlideshowNovember 15, 2022 | msn.com10 players to watch at 2022 UIL volleyball state tournament, including some All-AmericansNovember 10, 2022 | msn.comThe Lethal Weapon Cast's Favorite VillainSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive BUSE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Busey and its competitors with MarketBeat's FREE daily newsletter. Email Address BUSE Company Calendar Last Earnings10/25/2021Ex-Dividend for 1/27 Dividend1/19/2023Dividend Payable1/27/2023Today4/01/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:BUSE CUSIP31938310 CIK314489 Webwww.busey.com Phone(217) 365-4544Fax217-365-4879Employees1,544Year Founded1868Price Target and Rating Average Stock Price Forecast$24.67 High Stock Price Forecast$26.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+21.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.29 Trailing P/E Ratio8.88 Forward P/E Ratio8.01 P/E GrowthN/ANet Income$128.31 million Net Margins26.36% Pretax Margin33.22% Return on Equity11.39% Return on Assets1.06% Debt Debt-to-Equity Ratio0.28 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$486.79 million Price / Sales2.31 Cash Flow$3.42 per share Price / Cash Flow5.94 Book Value$20.75 per share Price / Book0.98Miscellaneous Outstanding Shares55,290,000Free Float51,197,000Market Cap$1.12 billion OptionableOptionable Beta0.89 Social Links Key ExecutivesVan A. DukemanChairman, President & Chief Executive OfficerJeffrey D. JonesChief Financial Officer & Executive Vice PresidentJohn Joseph PowersExecutive Vice President & General CounselMonica L. BoweChief Risk Officer & Executive Vice PresidentScott A. PhillipsChief Accounting Officer, SVP & ControllerKey Competitors1st SourceNASDAQ:SRCESouthside BancsharesNASDAQ:SBSIOFG BancorpNYSE:OFGEagle BancorpNASDAQ:EGBNLakeland BancorpNASDAQ:LBAIView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCBought 550 shares on 3/23/2023Ownership: 0.051%Michael David CassensSold 603 sharesTotal: $13,266.00 ($22.00/share)Stanley J BradshawBought 5,000 shares on 3/16/2023Total: $107,950.00 ($21.59/share)Victory Capital Management Inc.Sold 271,023 shares on 3/10/2023Ownership: 1.528%Teachers Retirement System of The State of KentuckyBought 8,486 shares on 2/22/2023Ownership: 0.108%View All Insider TransactionsView All Institutional Transactions BUSE Stock - Frequently Asked Questions Should I buy or sell First Busey stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Busey in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BUSE shares. View BUSE analyst ratings or view top-rated stocks. What is First Busey's stock price forecast for 2023? 2 brokerages have issued twelve-month target prices for First Busey's shares. Their BUSE share price forecasts range from $23.00 to $26.00. On average, they anticipate the company's share price to reach $24.67 in the next year. This suggests a possible upside of 21.3% 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 2023? First Busey's stock was trading at $24.72 on January 1st, 2023. Since then, BUSE shares have decreased by 17.7% and is now trading at $20.34. View the best growth stocks for 2023 here. Are investors shorting First Busey? First Busey saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 650,600 shares, an increase of 15.9% from the February 28th total of 561,200 shares. Based on an average daily volume of 176,600 shares, the days-to-cover ratio is presently 3.7 days. Approximately 1.3% of the company's shares are sold short. 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 25th 2023. View our BUSE earnings forecast. How were First Busey's earnings last quarter? First Busey Co. (NASDAQ:BUSE) issued its quarterly earnings results on Monday, October, 25th. The bank reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.08. The bank had revenue of $104.01 million for the quarter, compared to the consensus estimate of $102.41 million. First Busey had a trailing twelve-month return on equity of 11.39% and a net margin of 26.36%. How often does First Busey pay dividends? What is the dividend yield for First Busey? First Busey announced a quarterly dividend on Tuesday, January 10th. Investors of record on Friday, January 20th will be given a dividend of $0.24 per share on Friday, January 27th. This represents a $0.96 annualized dividend and a dividend yield of 4.72%. The ex-dividend date is Thursday, January 19th. This is a positive change from the stock's previous quarterly dividend of $0.23. Read our dividend analysis for BUSE. What ETFs hold First Busey's stock? ETFs with the largest weight of First Busey (NASDAQ:BUSE) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), Timothy Plan US Small Cap Core ETF (TPSC), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Hartford Multifactor Small Cap ETF (ROSC) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST). 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 4.71%. 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 41.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BUSE will have a dividend payout ratio of 37.35% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BUSE. 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). What is First Busey's stock symbol? First Busey trades on the NASDAQ under the ticker symbol "BUSE." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Busey's stock price today? One share of BUSE stock can currently be purchased for approximately $20.34. How much money does First Busey make? First Busey (NASDAQ:BUSE) has a market capitalization of $1.12 billion and generates $486.79 million in revenue each year. The bank earns $128.31 million in net income (profit) each year or $2.29 on an earnings per share basis. How many employees does First Busey have? The company employs 1,544 workers across the globe. How can I contact First Busey? First Busey's mailing address is 100 W. University Avenue, Champaign IL, 61820. The official website for the company is www.busey.com. The bank can be reached via phone at (217) 365-4544, via email at robin.elliott@busey.com, or via fax at 217-365-4879. This page (NASDAQ:BUSE) was last updated on 4/1/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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