12 Month Price Forecast For BUSE
Distance to BUSE Price Forecasts
BUSE Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 3:56 AM UTC
BUSE Analyst Ratings & Price Targets
Based on our analysis of 9 Wall Street analysts, BUSE has a consensus that is bullish. The median price target is $30.00, with forecasts ranging from $29.00 to $34.00. Currently, there are 4 Buy ratings, 1 Hold ratings, and 0 Sell ratings.
With BUSE currently trading at $22.75, the median price forecast suggests a 31.9% upside. The most optimistic forecast comes from Damon Delmonte at Keefe, Bruyette & Woods, projecting a 49.5% upside, while Jeff Rulis at DA Davidson provides the most conservative target, suggesting a 27.5% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BUSE Analyst Consensus
BUSE Price Target Range
Latest BUSE Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BUSE.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 4, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $34.00 |
| Oct 14, 2024 | Stephens & Co. | Terry McEvoy | Equal-Weight | Downgrade | $27.00 |
| Aug 29, 2024 | Stephens & Co. | Terry McEvoy | Overweight | Reiterates | $31.00 |
| Aug 28, 2024 | DA Davidson | Jeff Rulis | Neutral | Maintains | $29.00 |
| Aug 28, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $33.00 |
| Jul 25, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Reiterates | $31.00 |
| Apr 24, 2024 | Stephens & Co. | Terry McEvoy | Overweight | Reiterates | $28.00 |
| Dec 12, 2023 | Raymond James | Daniel Tamayo | Outperform | Maintains | $27.00 |
| Nov 29, 2023 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $25.00 |
| Nov 28, 2023 | Piper Sandler | Andrew Liesch | Overweight | Maintains | $23.00 |
| Nov 28, 2023 | Stephens & Co. | Terry McEvoy | Overweight | Reiterates | $23.00 |
| Oct 26, 2023 | Piper Sandler | Andrew Liesch | Overweight | Maintains | $21.00 |
| Jul 31, 2023 | Raymond James | Daniel Tamayo | Outperform | Maintains | $24.00 |
| Jul 27, 2023 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $25.00 |
| Jul 26, 2023 | Stephens & Co. | Terry McEvoy | Overweight | Reiterates | $24.00 |
| May 12, 2023 | Stephens & Co. | Terry McEvoy | Overweight | Reiterates | $24.00 |
| May 1, 2023 | Raymond James | Daniel Tamayo | Outperform | Maintains | $22.00 |
| Apr 28, 2023 | Keefe, Bruyette & Woods | Damon Delmonte | Outperform | Maintains | $24.00 |
| Apr 27, 2023 | Piper Sandler | Andrew Liesch | Overweight | Maintains | $21.00 |
| Apr 6, 2023 | Raymond James | Daniel Tamayo | Outperform | Maintains | $24.00 |
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First Busey Corp (BUSE) Financial Data
First Busey Corp has a market capitalization of $1.32B with a P/E ratio of 11.9x. The company generates $446.37M in trailing twelve-month revenue with a 24.9% profit margin.
Revenue growth is +9.3% quarter-over-quarter, while maintaining an operating margin of +39.4% and return on equity of +8.6%.
Valuation Metrics
Growth & Margins
Financial Health
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First Busey Corp (BUSE) Company Overview
About First Busey Corp
Provides retail and commercial banking services.
First Busey Corporation operates as a bank holding company, generating revenue through three segments: Banking, Wealth Management, and FirsTech. The Banking segment earns income from various banking services and loan products for individuals and corporations. Wealth Management focuses on investment and asset management services, while FirsTech offers payment technology solutions.
Founded in 1868 and headquartered in Champaign, Illinois, First Busey Corporation has a long-standing presence in the banking industry, catering to a diverse clientele, including individuals, businesses, and governmental entities.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
1,510
CEO
Mr. Van A. Dukeman CFA
Country
United States
IPO Year
1998
Website
www.busey.comFirst Busey Corp (BUSE) Latest News & Analysis
PLBC, BUSE, LKFN, and RPRX have announced increases in their dividends, signaling potential positive developments for investors in these companies.
Dividend hikes signal company profitability and confidence in future earnings, potentially attracting investors seeking stable income and indicating overall financial health.
Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
The Zacks Rank system highlights stocks with favorable earnings estimates, signaling potential investment opportunities based on growth and momentum trends, influencing stock performance.
Kahn Swick & Foti is investigating the proposed sale of CrossFirst Bankshares to First Busey Corporation, where CrossFirst shareholders would receive 0.6675 shares of First Busey per CrossFirst share.
The investigation into CrossFirst Bankshares' sale may affect share prices and investor sentiment, as it raises concerns about the adequacy of the proposed exchange ratio.
First Busey Corporation reported Q3 2024 net income of $32M ($0.55 EPS) and adjusted net income of $33.5M ($0.58 EPS). Noninterest income was $36M, and tangible book value rose to $18.19.
First Busey Corporation's strong quarterly earnings, record wealth management revenue, and rising tangible book value signal robust financial health and growth potential, attracting investor interest.
First Busey (BUSE) reported Q3 earnings of $0.58 per share, surpassing the Zacks estimate of $0.54 and up from $0.55 per share a year earlier.
First Busey's earnings beat expectations, indicating strong performance and potential growth, which may positively influence investor confidence and stock valuation.
First Busey (BUSE) reported its Q3 2024 financial results, highlighting key metrics that should be compared to Wall Street estimates and year-over-year performance for investor analysis.
Key metrics compared to estimates and previous values indicate First Busey's performance trends, impacting investor sentiment and potential stock valuation adjustments.
Frequently Asked Questions About BUSE Stock
What is First Busey Corp's (BUSE) stock forecast for 2025?
Based on our analysis of 9 Wall Street analysts, First Busey Corp (BUSE) has a median price target of $30.00. The highest price target is $34.00 and the lowest is $29.00.
Is BUSE stock a good investment in 2025?
According to current analyst ratings, BUSE has 4 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $22.75. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BUSE stock?
Wall Street analysts predict BUSE stock could reach $30.00 in the next 12 months. This represents a 31.9% increase from the current price of $22.75. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is First Busey Corp's business model?
First Busey Corporation operates as a bank holding company, generating revenue through three segments: Banking, Wealth Management, and FirsTech. The Banking segment earns income from various banking services and loan products for individuals and corporations. Wealth Management focuses on investment and asset management services, while FirsTech offers payment technology solutions.
What is the highest forecasted price for BUSE First Busey Corp?
The highest price target for BUSE is $34.00 from Damon Delmonte at Keefe, Bruyette & Woods, which represents a 49.5% increase from the current price of $22.75.
What is the lowest forecasted price for BUSE First Busey Corp?
The lowest price target for BUSE is $29.00 from Jeff Rulis at DA Davidson, which represents a 27.5% increase from the current price of $22.75.
What is the overall BUSE consensus from analysts for First Busey Corp?
The overall analyst consensus for BUSE is bullish. Out of 9 Wall Street analysts, 4 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $30.00.
How accurate are BUSE stock price projections?
Stock price projections, including those for First Busey Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
