FirstSun Capital Bancorp (NASDAQ:FSUN) Given Average Rating of “Moderate Buy” by Analysts

FirstSun Capital Bancorp (NASDAQ:FSUN) has been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $43.3333.

Several research analysts have commented on FSUN shares. Weiss Ratings restated a “hold (c+)” rating on shares of FirstSun Capital Bancorp in a report on Monday, December 29th. Piper Sandler set a $42.00 price objective on FirstSun Capital Bancorp in a research report on Monday, November 3rd. Keefe, Bruyette & Woods boosted their price objective on FirstSun Capital Bancorp from $42.00 to $44.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Finally, Raymond James Financial restated an “outperform” rating on shares of FirstSun Capital Bancorp in a research report on Tuesday.

Institutional Investors Weigh In On FirstSun Capital Bancorp

Several large investors have recently made changes to their positions in FSUN. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in FirstSun Capital Bancorp in the fourth quarter valued at $214,000. Daytona Street Capital LLC bought a new stake in FirstSun Capital Bancorp in the 4th quarter worth $616,000. SG Americas Securities LLC purchased a new position in FirstSun Capital Bancorp during the 4th quarter valued at about $312,000. JPMorgan Chase & Co. boosted its holdings in FirstSun Capital Bancorp by 18.7% in the third quarter. JPMorgan Chase & Co. now owns 103,848 shares of the company’s stock valued at $4,028,000 after acquiring an additional 16,337 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in FirstSun Capital Bancorp by 49.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 9,502 shares of the company’s stock worth $369,000 after buying an additional 3,143 shares in the last quarter.

FirstSun Capital Bancorp Trading Up 2.9%

Shares of FSUN stock traded up $1.09 on Tuesday, hitting $38.90. The stock had a trading volume of 227,548 shares, compared to its average volume of 129,062. The company has a fifty day moving average price of $36.98 and a two-hundred day moving average price of $37.21. The company has a current ratio of 1.01, a quick ratio of 1.00 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.08 billion, a P/E ratio of 12.31 and a beta of 0.82. FirstSun Capital Bancorp has a twelve month low of $29.95 and a twelve month high of $45.32.

FirstSun Capital Bancorp (NASDAQ:FSUN) last announced its earnings results on Monday, January 26th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.86 by $0.09. FirstSun Capital Bancorp had a net margin of 15.94% and a return on equity of 9.00%. The business had revenue of $111.36 million during the quarter, compared to analysts’ expectations of $108.20 million. As a group, analysts forecast 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.