First Busey (BUSE) Receives Daily Media Sentiment Rating of 0.19
News stories about First Busey (NASDAQ:BUSE) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog 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 0.19 on Accern’s scale. Accern also gave news articles about the bank an impact score of 48.0580586774692 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- $84.98 Million in Sales Expected for First Busey Co. (BUSE) This Quarter (americanbankingnews.com)
- Analysts Anticipate First Busey Co. (BUSE) Will Announce Earnings of $0.52 Per Share (americanbankingnews.com)
- Brokers Set Expectations for First Busey Co.’s Q1 2018 Earnings (BUSE) (americanbankingnews.com)
- First Busey Co. to Post Q1 2019 Earnings of $0.55 Per Share, FIG Partners Forecasts (BUSE) (americanbankingnews.com)
- First Busey Co. (BUSE) Expected to Post Q1 2018 Earnings of $0.52 Per Share (americanbankingnews.com)
A number of equities research analysts have issued reports on the company. B. Riley upgraded First Busey from a “neutral” rating to a “buy” rating and decreased their price objective for the company from $36.00 to $35.00 in a research report on Tuesday, February 6th. Keefe, Bruyette & Woods restated a “hold” rating and set a $32.00 price objective on shares of First Busey in a research report on Thursday, October 26th. BidaskClub downgraded First Busey from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. ValuEngine downgraded First Busey from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, FBR & Co restated a “neutral” rating and set a $34.00 price objective (up from $32.00) on shares of First Busey in a research report on Wednesday, October 25th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus 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 consensus estimate of $0.46 by ($0.05). First Busey had a return on equity of 10.75% and a net margin of 20.31%. The business had revenue of $86.61 million during the quarter, compared to analysts’ expectations of $82.39 million. research analysts anticipate that First Busey will post 2.27 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, February 2nd. Stockholders of record on Friday, January 26th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.70%. 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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