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 Daily Premium 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. $20.44 -1.00 (-4.66%) (As of 03/22/2023 12:00 AM ET) Add Compare Share Share Today's Range$20.40▼$21.5350-Day Range$20.72▼$24.9752-Week Range$20.14▼$27.98Volume169,674 shsAverage Volume184,036 shsMarket Capitalization$1.13 billionP/E Ratio8.93Dividend Yield4.70%Price Target$24.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Busey MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside20.7% Upside$24.67 Price TargetShort InterestHealthy1.10% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment0.41Based on 5 Articles This WeekInsider TradingSelling Shares$829,697 Sold Last QuarterProj. Earnings Growth2.72%From $2.57 to $2.64 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.2.82 out of 5 starsFinance Sector294th out of 872 stocksState Commercial Banks Industry82nd out of 179 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 20.7% from its current price of $20.44.Amount of Analyst CoverageFirst Busey has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.10% 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 decreased by 11.68%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Busey is a leading dividend payer. It pays a dividend yield of 4.63%, 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 36.36% 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 2.4 News and Social Media Coverage News SentimentFirst Busey has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for First Busey this week, compared to 2 articles on an average week.Search Interest6 people have searched for BUSE on MarketBeat in the last 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 2.72% in the coming year, from $2.57 to $2.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Busey is 8.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.06.Price to Earnings Ratio vs. SectorThe P/E ratio of First Busey is 8.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 141.62.Price to Book Value per Share RatioFirst Busey has a P/B Ratio of 0.99. 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 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on First Busey (NASDAQ:BUSE)March 19, 2023 | americanbankingnews.comStanley J. Bradshaw Acquires 5,000 Shares of First Busey Co. (NASDAQ:BUSE) StockMarch 22, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 18, 2023 | americanbankingnews.comFirst Busey (NASDAQ:BUSE) Hits New 52-Week Low at $20.14February 10, 2023 | finance.yahoo.comWith 50% institutional ownership, First Busey Corporation (NASDAQ:BUSE) is a favorite amongst the big gunsJanuary 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 EarningsMarch 22, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!January 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 VillainNovember 9, 2022 | finance.yahoo.comFirst Busey Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS In LineNovember 3, 2022 | msn.comNepotism Isn’t Everything: How Gary Busey’s Son Jake Has Struggled To Make His Own Name As An ActorOctober 26, 2022 | nasdaq.comFirst Busey Breaks Above 200-Day Moving Average - Bullish for BUSESee 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 Payable1/27/2023Today3/22/2023Next 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+16.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.29 Trailing P/E Ratio9.27 Forward P/E Ratio8.26 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 / Sales2.41 Cash Flow$3.51 per share Price / Cash Flow6.04 Book Value$20.75 per share Price / Book1.02Miscellaneous Outstanding Shares55,290,000Free Float51,197,000Market Cap$1.17 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:SRCELakeland BancorpNASDAQ:LBAIEagle BancorpNASDAQ:EGBNSouthside BancsharesNASDAQ:SBSIOFG BancorpNYSE:OFGView All CompetitorsInsiders & InstitutionsStanley 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%Ruedi Wealth Management Inc.Bought 3,296 shares on 2/21/2023Ownership: 0.006%Moneta Group Investment Advisors LLCBought 893 shares on 2/16/2023Ownership: 0.058%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 analysts have issued 12 month target prices for First Busey's stock. Their BUSE share price forecasts range from $23.00 to $26.00. On average, they anticipate the company's stock price to reach $24.67 in the next twelve months. This suggests a possible upside of 16.2% 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 at the beginning of the year. Since then, BUSE shares have decreased by 14.1% and is now trading at $21.23. View the best growth stocks for 2023 here. Are investors shorting First Busey? First Busey saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 561,200 shares, a decline of 11.7% from the February 13th total of 635,400 shares. Based on an average daily volume of 149,900 shares, the days-to-cover ratio is presently 3.7 days. Currently, 1.1% of the shares of the company 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, April 25th 2023. View our BUSE earnings forecast. How were First Busey's earnings last quarter? First Busey Co. (NASDAQ:BUSE) announced its quarterly earnings data on Monday, October, 25th. The bank reported $0.58 EPS for the quarter, topping 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 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 declared 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 yield of 4.52%. The ex-dividend date is Thursday, January 19th. This is an increase 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 VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd (CSA), Timothy Plan US Small Cap Core ETF (TPSC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Hartford Multifactor Small Cap ETF (ROSC). 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 4.63%. 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 36.36% 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." Who are First Busey's major shareholders? First Busey's stock is owned by a variety of institutional and retail investors. Top institutional investors include Moneta Group Investment Advisors LLC (58.13%), Dimensional Fund Advisors LP (5.57%), LSV Asset Management (2.38%), Geode Capital Management LLC (1.79%), Victory Capital Management Inc. (1.53%) and Victory Capital Management Inc. (1.53%). Insiders that own company stock include Cassandra R Sanford, George Barr, Gregory B Lykins, Michael David Cassens, 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 $21.23. How much money does First Busey make? First Busey (NASDAQ:BUSE) has a market capitalization of $1.17 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 3/22/2023 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. 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