First Busey Stock Forecast, Price & News

2 Wall Street 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 analysts is that investors should "buy" First Busey stock.
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Wall Street analysts have given First Busey a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Busey wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Busey saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 759,300 shares, an increase of 30.0% from the May 13th total of 584,200 shares. Based on an average daily volume of 161,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 1.5% of the company's stock are sold short.
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First Busey is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for First Busey.

First Busey Co. (NASDAQ:BUSE) released its earnings results on Monday, April, 26th. The bank reported $0.69 EPS for the quarter, topping the Zacks' consensus estimate of $0.52 by $0.17. The bank had revenue of $96.34 million for the quarter, compared to analysts' expectations of $97.54 million. First Busey had a trailing twelve-month return on equity of 10.45% and a net margin of 28.12%.
View First Busey's earnings history.

First Busey's stock was trading at $18.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BUSE shares have increased by 46.4% and is now trading at $26.48.
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First Busey announced a quarterly dividend on Thursday, April 15th. Stockholders of record on Friday, April 23rd will be given a dividend of $0.23 per share on Friday, April 30th. This represents a $0.92 annualized dividend and a yield of 3.47%. The ex-dividend date is Thursday, April 22nd.
View First Busey's dividend history.

First Busey pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.47%. First Busey does not yet have a strong track record of dividend growth. The dividend payout ratio of First Busey is 46.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Busey will have a dividend payout ratio of 42.99% next year. This indicates that First Busey will be able to sustain or increase its dividend.
View First Busey's dividend history.

2 brokerages have issued 1-year price objectives for First Busey's stock. Their forecasts range from $29.00 to $29.00. On average, they expect First Busey's stock price to reach $29.00 in the next year. This suggests a possible upside of 9.5% from the stock's current price.
View analysts' price targets for First Busey or view top-rated stocks among Wall Street analysts.

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), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), 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 (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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.78%), Dimensional Fund Advisors LP (4.99%), LSV Asset Management (2.55%), Victory Capital Management Inc. (1.63%), Geode Capital Management LLC (1.56%) and Nuveen Asset Management LLC (1.49%). 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 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, Millennium Management LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., Northern Trust Corp, Arrowstreet Capital Limited Partnership, Morgan Stanley, and Ameriprise Financial Inc..
View insider buying and selling activity for First Busey or view top insider-selling stocks.

BUSE stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., LSV Asset Management, HRT Financial LP, JPMorgan Chase & Co., Barclays PLC, Cornercap Investment Counsel Inc., and Geode Capital Management LLC. 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, 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 $26.48.

First Busey has a market capitalization of $1.44 billion and generates $444.86 million in revenue each year. The bank earns $100.34 million in net income (profit) each year or $1.98 on an earnings per share basis.

First Busey employs 1,389 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]