First Busey (NASDAQ:BUSE – Get Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, January 28th. Analysts expect First Busey to post earnings of $0.52 per share and revenue of $116,373.00 billion for the quarter.
First Busey (NASDAQ:BUSE – Get Free Report) last announced its quarterly earnings data on Tuesday, October 22nd. The bank reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.04. First Busey had a net margin of 16.94% and a return on equity of 8.94%. The firm had revenue of $170.45 million for the quarter, compared to the consensus estimate of $118.32 million. During the same period in the previous year, the firm posted $0.55 earnings per share. On average, analysts expect First Busey to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
First Busey Stock Performance
Shares of BUSE opened at $23.13 on Tuesday. The company’s 50 day moving average price is $25.11 and its 200 day moving average price is $25.59. First Busey has a 52 week low of $21.59 and a 52 week high of $28.97. The company has a market capitalization of $1.32 billion, a PE ratio of 11.92 and a beta of 0.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.82 and a current ratio of 0.82.
First Busey Increases Dividend
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Keefe, Bruyette & Woods boosted their price objective on shares of First Busey from $32.00 to $34.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Stephens cut shares of First Busey from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $28.00 to $27.00 in a research note on Monday, October 14th.
Read Our Latest Stock Report on First Busey
First Busey Company Profile
First Busey Corporation operates as the bank holding company for Busey Bank that engages in the provision of retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It operates through three segments: Banking, Wealth Management, and FirsTech.
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