First Busey Stock Forecast, Price & News

3 Wall Street 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 analysts is that investors should "hold" First Busey stock. 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.
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Wall Street analysts have given First Busey a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Busey wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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First Busey is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for First Busey.

First Busey Co. (NASDAQ:BUSE) issued its quarterly earnings results on Monday, January, 25th. The bank reported $0.52 EPS for the quarter, missing the consensus estimate of $0.54 by $0.02. First Busey had a net margin of 22.18% and a trailing twelve-month return on equity of 8.62%.
View First Busey's earnings history.

First Busey's stock was trading at $18.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BUSE shares have increased by 29.4% and is now trading at $23.40.
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First Busey declared a quarterly dividend on Tuesday, January 12th. Investors of record on Friday, January 22nd will be paid a dividend of $0.23 per share on Friday, January 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, January 21st. This is a boost from First Busey's previous quarterly dividend of $0.22.
View First Busey's dividend history.

First Busey pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.87%. First Busey does not yet have a strock track record of dividend growth. The dividend payout ratio of First Busey is 42.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Busey will have a dividend payout ratio of 49.73% next year. This indicates that First Busey will be able to sustain or increase its dividend.
View First Busey's dividend history.

3 analysts have issued 1-year price objectives for First Busey's shares. Their forecasts range from $26.00 to $26.00. On average, they expect First Busey's stock price to reach $26.00 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
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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 Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), M&T Bank (MTB), KeyCorp (KEY), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other First Busey investors own include Endologix (ELGX), (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Ciner Resources (CINR), Agree Realty (ADC), Gran Tierra Energy Inc. (GTE.TO) (GTE), UMB Financial (UMBF) and Transocean (RIG).

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

First Busey's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.11%), Dimensional Fund Advisors LP (5.02%), Northern Trust Corp (1.47%), Renaissance Technologies LLC (1.44%), THB Asset Management (0.94%) and Bank of New York Mellon Corp (0.76%). Company insiders that own First Busey stock include David J Downey, Gregory B Lykins, Jeffrey David Jones, John Joseph Powers, Robin N Elliott, Stanley J Bradshaw, Stephen V King, Thomas G Sloan and Van A Dukeman.
View institutional ownership trends for First Busey.

BUSE stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Skyline Asset Management LP, Russell Investments Group Ltd., Renaissance Technologies LLC, Mendon Capital Advisors Corp, Northern Trust Corp, John W. Rosenthal Capital Management Inc., and Dimensional Fund Advisors LP.
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BUSE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., THB Asset Management, JPMorgan Chase & Co., First Trust Advisors LP, North Star Investment Management Corp., Bank of New York Mellon Corp, Principal Financial Group Inc., and Dynamic Technology Lab Private Ltd. Company insiders that have bought First Busey stock in the last two years include David J Downey, Gregory B Lykins, Jeffrey David Jones, John Joseph Powers, Robin N Elliott, Stanley J Bradshaw, Stephen V King, Thomas G Sloan, and Van A Dukeman.
View insider buying and selling activity for First Busey or or view top insider-buying stocks.

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 $23.40.

First Busey has a market capitalization of $1.28 billion and generates $472.65 million in revenue each year. The bank earns $102.95 million in net income (profit) each year or $2.15 on an earnings per share basis.

First Busey employs 1,371 workers across the globe.

The official website for First Busey is www.busey.com.

First Busey is headquartered at 100 W. University Avenue, Champaign IL, 61820.

First Busey's mailing address is 100 W. University Avenue, Champaign IL, 61820. The bank can be reached via phone at 217-365-4544 or via email at [email protected]