Media headlines about First Busey (NASDAQ:BUSE) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. First Busey earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 47.5483305776937 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Spotlight: Graham soccer players reflect on program in its first year (texomashomepage.com)
- Is traffic near Fred Meyer causing more crashes? Numbers point to no (thenewstribune.com)
- Champaign County Board votes to pay nursing home’s insurance costs (news-gazette.com)
- $84.98 Million in Sales Expected for First Busey Co. (BUSE) This Quarter (americanbankingnews.com)
- First Busey Co. (BUSE) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
BUSE has been the subject of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $32.00 price objective on shares of First Busey in a report on Thursday, October 26th. BidaskClub downgraded shares of First Busey from a “hold” rating to a “sell” rating in a report on Saturday, December 30th. ValuEngine downgraded shares of First Busey from a “buy” rating to a “hold” rating in a report on Friday, November 10th. FBR & Co reaffirmed a “neutral” rating and issued a $34.00 price objective (up previously from $32.00) on shares of First Busey in a report on Wednesday, October 25th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $33.00 price objective on shares of First Busey in a report on Tuesday, January 9th. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $33.60.
First Busey (NASDAQ:BUSE) last issued its quarterly earnings results on Tuesday, January 30th. The bank reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.05). First Busey had a net margin of 20.31% and a return on equity of 10.75%. The business had revenue of $86.61 million during the quarter, compared to analyst estimates of $82.39 million. equities research analysts anticipate that First Busey will post 2.27 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Shareholders of record on Friday, January 26th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.59%. This is an increase from First Busey’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Thursday, January 25th. First Busey’s dividend payout ratio is presently 54.05%.
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First Busey Company Profile
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries. The Company operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, St.
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