Currently, there are 56.87M common shares owned by the public and among those 54.40M shares have been available to trade.
The company’s stock has a 5-day price change of 5.52% and -11.14% over the past three months. BUSE shares are trading -1.87% year to date (YTD), with the 12-month market performance down to -0.52% lower. It has a 12-month low price of $21.59 and touched a high of $28.97 over the same period. BUSE has an average intraday trading volume of 269.31K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.86%, -8.71%, and -6.61% respectively.
Institutional ownership of First Busey Corp (NASDAQ: BUSE) shares accounts for 57.75% of the company’s 56.87M shares outstanding.
It has a market capitalization of $1.32B and a beta (3y monthly) value of 0.86. The stock’s trailing 12-month PE ratio is 11.88, while the earnings-per-share (ttm) stands at $1.95. The company has a debt-to-equity ratio at 0.32. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.43% over the week and 3.09% over the month.
Earnings per share for the fiscal year are expected to decrease by -7.60%, and 9.34% over the next financial year.
Raymond James coverage for the First Busey Corp (BUSE) stock in a research note released on January 31, 2022 offered a Outperform rating with a price target of $31. Stephens was of a view on April 09, 2020 that the stock is Overweight, while DA Davidson gave the stock Neutral rating on February 03, 2020, issuing a price target of $30- $29. B. Riley FBR on their part issued Buy rating on January 09, 2020.
