Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
First Busey Corp Market Cap
From what 8 stock analysts predict, the share price for First Busey Corp (BUSE) might increase by 13.15% in the next year. This is based on a 12-month average estimation for BUSE. Price targets go from $20 to $32. The majority of stock analysts believe BUSE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assignedBUSE 4 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect First Busey Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BUSE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BUSE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Damon Delmonte Keefe, Bruyette & Woods | Outperform | $33 | Maintains | Aug 28, 2024 |
| Jeff Rulis DA Davidson | Neutral | $29 | Maintains | Aug 28, 2024 |
| Damon Delmonte Keefe, Bruyette & Woods | Outperform | $31 | Reiterates | Jul 25, 2024 |
| Terry McEvoy Stephens & Co. | Overweight | $28 | Reiterates | Apr 24, 2024 |
| Daniel Tamayo Raymond James | Outperform | $27 | Maintains | Dec 12, 2023 |
| Damon Delmonte Keefe, Bruyette & Woods | Outperform | $25 | Maintains | Nov 29, 2023 |
| Terry McEvoy Stephens & Co. | Overweight | $23 | Reiterates | Nov 28, 2023 |
| Andrew Liesch Piper Sandler | Overweight | $23 | Maintains | Nov 28, 2023 |
| Andrew Liesch Piper Sandler | Overweight | $21 | Maintains | Oct 26, 2023 |
| Daniel Tamayo Raymond James | Outperform | $24 | Maintains | Jul 31, 2023 |
| Damon Delmonte Keefe, Bruyette & Woods | Outperform | $25 | Maintains | Jul 27, 2023 |
| Terry McEvoy Stephens & Co. | Overweight | $24 | Reiterates | Jul 26, 2023 |
| Terry McEvoy Stephens & Co. | Overweight | $24 | Reiterates | May 12, 2023 |
| Daniel Tamayo Raymond James | Outperform | $22 | Maintains | May 1, 2023 |
| Damon Delmonte Keefe, Bruyette & Woods | Outperform | $24 | Maintains | Apr 28, 2023 |
| Andrew Liesch Piper Sandler | Overweight | $21 | Maintains | Apr 27, 2023 |
| Daniel Tamayo Raymond James | Outperform | $24 | Maintains | Apr 6, 2023 |
| Daniel Tamayo Raymond James | Outperform | $26 | Maintains | Jan 30, 2023 |
| Jeff Rulis DA Davidson | Neutral | $25 | Maintains | Jan 26, 2023 |
| Daniel Tamayo Raymond James | Outperform | $29 | Maintains | Oct 28, 2022 |
When did it IPO
N/A
Staff Count
1,520
Country
United States
Sector/Industry
Financial Services/Banks—Regional
CEO
Mr. Van A. Dukeman CFA
Market Cap
$1.54B
In 2023, BUSE generated $441.8M in revenue, which was a decrease of -1.87% from the previous year. This can be seen as a signal that BUSE's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Kahn Swick & Foti, LLC is investigating the proposed sale of CrossFirst Bankshares (CFB) to First Busey Corporation (BUSE), where CFB shareholders will receive 0.6675 shares of BUSE per CFB share.
Why It Matters - The investigation into CrossFirst Bankshares’ sale may indicate potential issues with the deal or valuation, impacting investor confidence and stock prices for both companies.
Tue, 27 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Halper Sadeh LLC is investigating the fairness of the merger between First Busey Corporation and CrossFirst Bankshares for Busey shareholders, who will own 63.5% of the combined entity.
Why It Matters - The investigation into the merger's fairness could impact Busey's stock value and shareholder sentiment, affecting investment decisions and potential returns.
Tue, 27 Aug 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Rowley Law PLLC is investigating potential securities law violations by CrossFirst Bankshares, Inc. regarding its acquisition by First Busey Corporation. Stockholders will receive shares in Busey.
Why It Matters - The investigation into CrossFirst Bankshares may signal potential legal risks or complications in the acquisition, impacting stockholder value and investor confidence in both companies.
Wed, 28 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - BUSE's merger with CrossFirst will enhance its asset size and strengthen its commercial banking operations.
Why It Matters - The merger will enhance BUSE's market position and growth potential, likely boosting investor confidence and increasing the stock's value.
Tue, 23 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - First Busey Corporation (Nasdaq: BUSE) reported Q2 2024 net income of $27.4M ($0.47 EPS), with adjusted net income of $29.0M ($0.50 EPS) and a net interest margin increase to 3.03%.
Why It Matters - First Busey Corporation's strong earnings, improved net interest margin, and successful acquisition integration indicate financial health and growth potential, making it an attractive investment opportunity.
Tue, 23 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - First Busey (BUSE) reported Q3 earnings of $0.50 per share, exceeding the Zacks estimate of $0.49, but down from $0.52 per share in the same quarter last year.
Why It Matters - First Busey's earnings beat estimates, indicating stronger performance than expected, but a year-over-year decline could signal potential challenges ahead, impacting investor sentiment.
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