Press coverage about First Busey Corporation (NASDAQ:BUSE) has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. First Busey Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.6704480491286 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

A number of research firms recently weighed in on BUSE. Piper Jaffray Companies set a $32.00 target price on First Busey Corporation and gave the stock a “hold” rating in a report on Tuesday, July 25th. Zacks Investment Research lowered First Busey Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th. ValuEngine raised First Busey Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $31.00 target price on shares of First Busey Corporation in a report on Friday, May 26th. Finally, BidaskClub lowered First Busey Corporation from a “hold” rating to a “sell” rating in a report on Saturday, June 24th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $32.00.

First Busey Corporation (NASDAQ BUSE) traded up 2.13% during mid-day trading on Monday, hitting $28.24. The company’s stock had a trading volume of 67,543 shares. The company has a market cap of $1.28 billion, a P/E ratio of 18.68 and a beta of 0.99. First Busey Corporation has a 12-month low of $21.80 and a 12-month high of $32.22. The firm’s 50-day moving average is $28.93 and its 200-day moving average is $29.39.

First Busey Corporation (NASDAQ:BUSE) last issued its quarterly earnings results on Tuesday, July 25th. The bank reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. First Busey Corporation had a return on equity of 10.59% and a net margin of 22.04%. The business had revenue of $62.43 million for the quarter, compared to the consensus estimate of $63.40 million. Analysts predict that First Busey Corporation will post $1.74 EPS for the current fiscal year.

In other First Busey Corporation news, insider Curt A. Anderson sold 1,400 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $29.40, for a total value of $41,160.00. Following the sale, the insider now directly owns 43,482 shares of the company’s stock, valued at $1,278,370.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 9.60% of the stock is currently owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: “First Busey Corporation (BUSE) Receiving Somewhat Positive News Coverage, Study Shows” was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. and international trademark & copyright laws. The correct version of this report can be read at

About First Busey Corporation

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.

Insider Buying and Selling by Quarter for First Busey Corporation (NASDAQ:BUSE)

Receive News & Ratings for First Busey Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Busey Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.