First Busey Stock Forecast, Price & News

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" First Busey stock.
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2 Wall Street analysts have issued 1-year price objectives for First Busey's shares. Their BUSE stock forecasts range from $27.00 to $31.00. On average, they expect First Busey's share price to reach $29.00 in the next year. This suggests a possible upside of 23.9% from the stock's current price.
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First Busey's stock was trading at $27.12 at the start of the year. Since then, BUSE stock has decreased by 13.7% and is now trading at $23.41.
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First Busey is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
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First Busey Co. (NASDAQ:BUSE) released its quarterly earnings data on Tuesday, April, 26th. The bank reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.01. The bank had revenue of $105.83 million for the quarter, compared to analyst estimates of $102.85 million. First Busey had a trailing twelve-month return on equity of 9.62% and a net margin of 25.94%. During the same quarter last year, the company posted $0.69 earnings per share.
View First Busey's earnings history.

First Busey declared a quarterly dividend on Thursday, April 14th. Shareholders of record on Friday, April 22nd will be given a dividend of $0.23 per share on Friday, April 29th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Thursday, April 21st.
View First Busey's dividend history.

First Busey(NASDAQ:BUSE) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.94%. First Busey 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 of First Busey is 45.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Busey will have a dividend payout ratio of 38.33% next year. This indicates that First Busey will be able to sustain or increase its dividend.
View First Busey's dividend history.

First Busey issued an update on its first quarter earnings guidance on Tuesday, April, 26th. The company provided earnings per share guidance of $0.52 for the period, compared to the consensus estimate of $0.52. The company issued revenue guidance of $111.90 million, compared to the consensus revenue estimate of $104.06 million.

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

Some companies that are related to First Busey include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH) and Western Alliance Bancorporation (WAL).
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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 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 $23.41.

First Busey (NASDAQ:BUSE) has a market capitalization of $1.29 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.

First Busey employs 1,499 workers across the globe.

First Busey was founded in 1868.

First Busey's mailing address is 100 W. University Avenue, Champaign IL, 61820. The official website for First Busey 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.