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NASDAQ:BUSEFirst Busey Stock Price, Forecast & News

$17.91
-0.55 (-2.98 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$17.62
Now: $17.91
$18.16
50-Day Range
$15.03
MA: $16.97
$19.20
52-Week Range
$11.00
Now: $17.91
$28.00
Volume202,035 shs
Average Volume206,529 shs
Market Capitalization$974.30 million
P/E Ratio10.66
Dividend Yield4.91%
Beta1.14
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 in three segments: Banking, Remittance Processing, and Wealth Management. It offers customary types of demand and savings deposits; and commercial, agricultural, commercial and residential real estate, and consumer loans, as well as home equity lines of credit. The company also provides money transfer, safe deposit, IRA, Keogh and other fiduciary, ATM and technology-based networks, and online and mobile banking services. In addition, it offers investment management, trust, estate advisory, and financial planning services, as well as business succession planning, and employee retirement planning services; investment strategy consulting and fiduciary services; and security brokerage services. Further, the company provides pay processing solutions, such as walk-in payment processing for payments delivered by customers to retail pay agents; online bill payment solutions for payments made by customers on a billing company's Website; customer service payments for payments accepted over the telephone; direct debit services; electronic concentration of payments delivered by the automated clearing house network; money management software and credit card networks; and lockbox remittance processing of payments delivered by mail. It has 28 banking centers in Illinois; 7 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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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.0Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.04 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:BUSE
CUSIP31938310
Phone217-365-4544

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$472.65 million
Cash Flow$2.52 per share
Book Value$22.38 per share

Profitability

Net Income$102.95 million

Miscellaneous

Employees1,531
Market Cap$974.30 million
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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First Busey (NASDAQ:BUSE) Frequently Asked Questions

How has First Busey's stock been impacted by COVID-19 (Coronavirus)?

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 stock has decreased by 1.0% and is now trading at $17.91. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of First Busey?

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, resulting in a consensus recommendation of "Hold." View analyst ratings for First Busey.

When is First Busey's next earnings date?

First Busey is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for First Busey.

How were First Busey's earnings last quarter?

First Busey Co. (NASDAQ:BUSE) issued its quarterly earnings results on Tuesday, April, 28th. The bank reported $0.28 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.09. The bank earned $96.95 million during the quarter, compared to the consensus estimate of $98.26 million. First Busey had a return on equity of 8.84% and a net margin of 19.57%. View First Busey's earnings history.

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

First Busey declared a quarterly dividend on Tuesday, April 14th. Stockholders of record on Friday, April 24th will be given a dividend of $0.22 per share on Friday, May 1st. This represents a $0.88 annualized dividend and a yield of 4.91%. The ex-dividend date is Thursday, April 23rd. View First Busey's dividend history.

What price target have analysts set for BUSE?

3 brokers have issued 1-year price objectives for First Busey's stock. Their forecasts range from $22.00 to $29.00. On average, they anticipate First Busey's share price to reach $26.67 in the next year. This suggests a possible upside of 48.9% from the stock's current price. View analysts' price targets for First Busey.

Has First Busey been receiving favorable news coverage?

Media coverage about BUSE stock has trended very positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Busey earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFirst Busey.

Who are some of First Busey's key competitors?

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), Apache (APA), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Ciner Resources (CINR), Agree Realty (ADC), Gran Tierra Energy (GTE), Transocean (RIG) and UMB Financial (UMBF).

Who are First Busey's key executives?

First Busey's management team includes the following people:
  • Mr. Van A. Dukeman, Pres, CEO & Director (Age 60)
  • Mr. Robin N. Elliott, Exec. VP, CFO & COO (Age 42)
  • Mr. Robert F. Plecki Jr., Exec. VP & Chief Credit Officer (Age 59)
  • Ms. Amy L. Randolph, Exec. VP of Pillar Relations & Chief of Staff (Age 44)
  • Mr. Christopher M. Shroyer, Pres & CEO of Busey Bank (Age 53)

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.92%), Wellington Management Group LLP (4.94%), Nuveen Asset Management LLC (2.58%), State Street Corp (2.04%), Geode Capital Management LLC (1.41%) and Deprince Race & Zollo Inc. (1.31%). 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.

Which major investors are selling First Busey stock?

BUSE stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Nuveen Asset Management LLC, Russell Investments Group Ltd., THB Asset Management, Morgan Stanley, UBS Group AG, Cozad Asset Management Inc., and Bank of New York Mellon Corp. View insider buying and selling activity for First Busey.

Which major investors are buying First Busey stock?

BUSE stock was bought by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, BlackRock Inc., Wellington Management Group LLP, Acadian Asset Management LLC, Martingale Asset Management L P, Moneta Group Investment Advisors LLC, Parametric Portfolio Associates LLC, and JPMorgan Chase & Co.. 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.

How do I buy shares of First Busey?

Shares of BUSE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is First Busey's stock price today?

One share of BUSE stock can currently be purchased for approximately $17.91.

How big of a company is First Busey?

First Busey has a market capitalization of $974.30 million 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 1,531 workers across the globe.

What is First Busey's official website?

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

How can I contact First Busey?

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]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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