First Busey Corporation (NASDAQ:BUSE) Receives $32.00 Consensus Price Target from Brokerages

12 Sep 2026, 05:58 by Michael Walen · The Markets Daily

Shares of First Busey Corporation (NASDAQ:BUSE – Get Free Report) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $32.00.

Several analysts have commented on BUSE shares. DA Davidson boosted their price target on shares of First Busey from $30.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of First Busey in a report on Friday, August 7th. Zacks Research downgraded First Busey from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. Raymond James Financial increased their price target on First Busey from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, Keefe, Bruyette & Woods raised their price target on First Busey from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Friday, July 31st.

Read Our Latest Analysis on First Busey

Insider Activity at First Busey

In related news, Director Michael Cassens sold 1,441 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $31.08, for a total value of $44,786.28. Following the completion of the transaction, the director directly owned 131,453 shares of the company’s stock, valued at approximately $4,085,559.24. This trade represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.77% of the company’s stock.

Institutional Investors Weigh In On First Busey

Hedge funds have recently bought and sold shares of the business. Allworth Financial LP grew its stake in shares of First Busey by 61.4% in the 2nd quarter. Allworth Financial LP now owns 881 shares of the bank’s stock worth $26,000 after buying an additional 335 shares in the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of First Busey during the 4th quarter valued at about $28,000. Public Employees Retirement System of Ohio bought a new position in shares of First Busey in the 2nd quarter valued at about $29,000. Litman Gregory Wealth Management LLC bought a new position in shares of First Busey in the 4th quarter valued at about $30,000. Finally, Integrated Wealth Concepts LLC purchased a new position in First Busey in the second quarter worth about $34,000. Hedge funds and other institutional investors own 56.49% of the company’s stock.

First Busey Stock Performance

NASDAQ:BUSE opened at $30.44 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. First Busey has a 12-month low of $22.00 and a 12-month high of $31.70. The stock has a 50-day moving average price of $30.29 and a 200 day moving average price of $27.91. The stock has a market capitalization of $2.51 billion, a P/E ratio of 12.58 and a beta of 0.71.

First Busey (NASDAQ:BUSE – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The bank reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. First Busey had a return on equity of 10.48% and a net margin of 21.00%.The company had revenue of $194.27 million for the quarter, compared to analysts’ expectations of $197.59 million. Equities research analysts forecast that First Busey will post 2.67 EPS for the current fiscal year.

First Busey Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Friday, July 24th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, July 24th. First Busey’s dividend payout ratio is 42.98%.

First Busey Company Profile

(Get Free Report)

First Busey Corporation is a financial holding company headquartered in Champaign, Illinois. Its principal subsidiary, Busey Bank, provides banking services to individuals, families, businesses and institutions through branch locations and digital banking channels.

The company offers deposit accounts, consumer and commercial loans, mortgages, treasury management, cash management and other traditional banking products. Through its wealth management operations, First Busey also provides investment management, trust, retirement planning, financial planning and related advisory services.