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NASDAQ:BUSE

First Busey - BUSE Stock Forecast, Price & News

$24.83
-0.03 (-0.12%)
(As of 12/6/2022 11:26 AM ET)
Add
Compare
Today's Range
$24.73
$24.93
50-Day Range
$21.98
$27.65
52-Week Range
$21.66
$29.73
Volume
599 shs
Average Volume
129,599 shs
Market Capitalization
$1.37 billion
P/E Ratio
11.24
Dividend Yield
3.60%
Price Target
$26.00

First Busey MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
4.7% Upside
$26.00 Price Target
Short Interest
Healthy
0.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
0.95mentions of First Busey in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$117,300 Sold Last Quarter
Proj. Earnings Growth
12.40%
From $2.42 to $2.72 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Finance Sector

147th out of 872 stocks

State Commercial Banks Industry

31st out of 183 stocks

BUSE stock logo

About First Busey (NASDAQ:BUSE) Stock

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. The company operates through three segments: Banking, FirsTech, and Wealth Management. It offers banking services to individual and corporate customers. The company also provides asset management, investment, brokerage, fiduciary, philanthropic advisory, tax preparation, and farm management services. Further, it offers payment technology solutions through its payment platform, such as walk-in payment processing for customers at retail pay agents; online bill payment solutions; customer service payments accepted over the telephone; mobile bill pay; direct debit services; electronic concentration of payments delivered to automated clearing house network; money management and credit card networks; and lockbox remittance processing to make payments by mail, as well as provides tools related to billing, reconciliation, bill reminders, and treasury services. The company has 46 banking centers in Illinois; 8 in Missouri; 3 in southwest Florida; and 1 in Indianapolis, Indiana. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois.

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BUSE Stock News Headlines

The Lethal Weapon Cast's Favorite Villain
First Busey (BUSE) Q3 Earnings and Revenues Top Estimates
First Busey Announces 2022 Third Quarter Earnings
First Busey: Dividend Insights
See More Headlines
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BUSE Company Calendar

Last Earnings
10/25/2021
Ex-Dividend for 10/28 Dividend
10/20/2022
Dividend Payable
10/28/2022
Today
12/06/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/24/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:BUSE
CUSIP
31938310
Employees
1,499
Year Founded
1868

Price Target and Rating

Average Stock Price Forecast
$26.00
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
+4.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
2 Analysts

Profitability

Net Income
$123.45 million
Pretax Margin
33.46%

Debt

Sales & Book Value

Annual Sales
$431.60 million
Cash Flow
$3.16 per share
Book Value
$23.44 per share

Miscellaneous

Free Float
51,145,000
Market Cap
$1.37 billion
Optionable
Optionable
Beta
0.92

Social Links


Key Executives

  • Mr. Van A. Dukeman CFA (Age 63)
    Chairman, Pres & CEO
    Comp: $1.28M
  • Mr. Jeffrey D. Jones (Age 48)
    Exec. VP & CFO
    Comp: $719.31k
  • Mr. John J. Powers (Age 66)
    Exec. VP & Gen. Counsel
    Comp: $626.19k
  • Ms. Amy L. Randolph (Age 47)
    Chief of Staff & Exec. VP of Pillar Relations
    Comp: $677.79k
  • Mr. Robin N. Elliott (Age 45)
    Pres & CEO of Busey Bank
    Comp: $780.4k
  • Ted Rosinus
    Exec. VP Investor Relations & Corp. Devel.
  • Ms. Monica L. Bowe (Age 48)
    Exec. VP & Chief Risk Officer
  • Ms. Mary E. Lakey
    Corp. Sec.













BUSE Stock - Frequently Asked Questions

Should I buy or sell First Busey stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Busey in the last twelve months. There are currently 1 hold rating and 1 buy rating 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 forecast for 2023?

2 brokers have issued 1-year price targets for First Busey's stock. Their BUSE share price forecasts range from $23.00 to $29.00. On average, they expect the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 4.6% 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 2022?

First Busey's stock was trading at $27.12 at the start of the year. Since then, BUSE stock has decreased by 8.3% and is now trading at $24.86.
View the best growth stocks for 2022 here
.

Are investors shorting First Busey?

First Busey saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 454,200 shares, a drop of 26.5% from the October 31st total of 618,100 shares. Based on an average trading volume of 137,200 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.9% 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, January 24th 2023.
View our BUSE earnings forecast
.

How were First Busey's earnings last quarter?

First Busey Co. (NASDAQ:BUSE) issued its quarterly earnings data on Monday, October, 25th. The bank reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. The bank earned $104.01 million during the quarter, compared to analyst estimates of $102.41 million. First Busey had a trailing twelve-month return on equity of 10.81% and a net margin of 26.70%.

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

First Busey declared a quarterly dividend on Tuesday, October 11th. Investors of record on Friday, October 21st will be given a dividend of $0.23 per share on Friday, October 28th. This represents a $0.92 annualized dividend and a yield of 3.70%. The ex-dividend date is Thursday, October 20th.
Read our dividend analysis for BUSE
.

Is First Busey a good dividend stock?

First Busey (NASDAQ:BUSE) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.60%. 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 41.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BUSE will have a dividend payout ratio of 33.82% 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), 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).

What is First Busey's stock symbol?

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

Who are First Busey's major shareholders?

First Busey's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.03%), Dimensional Fund Advisors LP (5.37%), Vanguard Group Inc. (4.81%), LSV Asset Management (2.42%), State Street Corp (2.37%) and Victory Capital Management Inc. (2.02%). Insiders that own company stock include Gregory B Lykins, Jeffrey David Jones, John Joseph Powers, Michael David Cassens, Robin N Elliott, Stanley J Bradshaw, Stephen V King 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 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 $24.86.

How much money does First Busey make?

First Busey (NASDAQ:BUSE) has a market capitalization of $1.37 billion and generates $431.60 million in revenue each year. The bank earns $123.45 million in net income (profit) each year or $2.21 on an earnings per share basis.

How many employees does First Busey have?

The company employs 1,499 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) 365-4500, via email at robin.elliott@busey.com, or via fax at 217-365-4879.

This page (NASDAQ:BUSE) was last updated on 12/6/2022 by MarketBeat.com Staff