FirstSun Capital Bancorp (NASDAQ:FSUN) Receives Consensus Rating of “Moderate Buy” from Analysts

FirstSun Capital Bancorp (NASDAQ:FSUN) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $43.3333.

FSUN has been the subject of several recent analyst reports. Raymond James Financial restated an “outperform” rating on shares of FirstSun Capital Bancorp in a research note on Tuesday. Keefe, Bruyette & Woods upped their target price on shares of FirstSun Capital Bancorp from $42.00 to $44.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FirstSun Capital Bancorp in a research note on Monday, December 29th. Finally, Piper Sandler set a $42.00 price target on shares of FirstSun Capital Bancorp in a report on Monday, November 3rd.

Hedge Funds Weigh In On FirstSun Capital Bancorp

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in FirstSun Capital Bancorp in the 3rd quarter worth about $41,000. Ameritas Investment Partners Inc. bought a new position in shares of FirstSun Capital Bancorp during the second quarter valued at approximately $45,000. Police & Firemen s Retirement System of New Jersey bought a new position in shares of FirstSun Capital Bancorp during the second quarter valued at approximately $97,000. New York State Common Retirement Fund purchased a new stake in shares of FirstSun Capital Bancorp in the second quarter worth approximately $139,000. Finally, Quantbot Technologies LP lifted its stake in shares of FirstSun Capital Bancorp by 508.9% during the 2nd quarter. Quantbot Technologies LP now owns 4,871 shares of the company’s stock worth $169,000 after acquiring an additional 4,071 shares during the last quarter.

FirstSun Capital Bancorp Price Performance

FSUN stock traded up $1.09 during trading on Tuesday, reaching $38.90. The company’s stock had a trading volume of 227,548 shares, compared to its average volume of 129,062. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The company’s fifty day moving average is $36.98 and its 200-day moving average is $37.21. The company has a market capitalization of $1.08 billion, a P/E ratio of 12.31 and a beta of 0.82. FirstSun Capital Bancorp has a 1 year low of $29.95 and a 1 year high of $45.32.

FirstSun Capital Bancorp (NASDAQ:FSUN) last released its quarterly earnings data on Monday, January 26th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. FirstSun Capital Bancorp had a return on equity of 9.00% and a net margin of 15.94%.The firm had revenue of $111.36 million during the quarter, compared to analyst estimates of $108.20 million. On average, research analysts expect that FirstSun Capital Bancorp will post 3.6 earnings per share for the current fiscal year.

FirstSun Capital Bancorp Company Profile

FirstSun Capital Bancorp engages in the provision of commercial banking services. It operates through the following segments: Banking, Mortgage Operations, and Corporate. The Banking segment consists of loans and provides deposits and fee-based services to consumer, business, and mortgage lending customers. The Mortgage Operations segment originates, sells, services, and manages market risk from changes in interest rates on one-to-four family residential mortgage loans to sell and hold. The company is founded on November 9, 1981 headquartered in Denver, CO.