First Busey - BUSE Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Busey in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BUSE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BUSE, but not buy additional shares or sell existing shares.
View BUSE analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year target prices for First Busey's shares. Their BUSE share price forecasts range from $23.00 to $31.00. On average, they predict the company's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for BUSE or view top-rated stocks among Wall Street analysts.

First Busey's stock was trading at $27.12 at the beginning of the year. Since then, BUSE shares have decreased by 17.4% and is now trading at $22.41.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our BUSE earnings forecast.

First Busey Co. (NASDAQ:BUSE) released its quarterly earnings data on Tuesday, July, 26th. The bank reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.03. The bank earned $106.95 million during the quarter, compared to analyst estimates of $108.67 million. First Busey had a trailing twelve-month return on equity of 10.04% and a net margin of 25.44%. During the same quarter in the prior year, the company earned $0.57 earnings per share.

First Busey announced a quarterly dividend on Tuesday, July 12th. Stockholders of record on Friday, July 22nd will be paid a dividend of $0.23 per share on Friday, July 29th. This represents a $0.92 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Thursday, July 21st.
Read our dividend analysis for BUSE.

First Busey (NASDAQ:BUSE) pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.05%. BUSE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 45.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BUSE will have a dividend payout ratio of 35.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BUSE.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other First Busey investors own include Endologix (ELGX), APA (APA), 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).

First Busey trades on the NASDAQ under the ticker symbol "BUSE."

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.
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One share of BUSE stock can currently be purchased for approximately $22.41.

First Busey (NASDAQ:BUSE) has a market capitalization of $1.24 billion and generates $431.60 million in revenue each year. The bank earns $123.45 million in net income (profit) each year or $2.03 on an earnings per share basis.

The company employs 1,499 workers across the globe.

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) 365-4500, via email at robin.elliott@busey.com, or via fax at 217-365-4879.