Shares of Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) saw an uptick in trading volume on Thursday . 36,049 shares changed hands during trading, a decline of 3% from the previous session's volume of 37,356 shares.The stock last traded at $38.59 and had previously closed at $39.30.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the stock. Raymond James upgraded shares of Firstsun Capital Bancorp from a "market perform" rating to an "outperform" rating and set a $42.00 price target on the stock in a research report on Tuesday, November 19th. Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $47.00 price objective (up from $46.00) on shares of Firstsun Capital Bancorp in a research report on Monday, February 3rd. Finally, Piper Sandler initiated coverage on shares of Firstsun Capital Bancorp in a research note on Friday, February 21st. They set an "overweight" rating and a $51.00 target price for the company.
View Our Latest Report on FSUN
Firstsun Capital Bancorp Price Performance
The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28. The firm's 50 day moving average is $40.44 and its 200-day moving average is $40.34.
Firstsun Capital Bancorp (NASDAQ:FSUN - Get Free Report) last released its earnings results on Monday, January 27th. The company reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. Firstsun Capital Bancorp had a net margin of 13.77% and a return on equity of 8.56%. Equities analysts forecast that Firstsun Capital Bancorp will post 3.6 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Two Sigma Advisers LP bought a new position in shares of Firstsun Capital Bancorp during the 4th quarter worth about $284,000. Two Sigma Investments LP bought a new stake in Firstsun Capital Bancorp in the fourth quarter valued at about $1,526,000. OMERS ADMINISTRATION Corp bought a new stake in Firstsun Capital Bancorp during the fourth quarter worth about $641,000. Millennium Management LLC grew its stake in Firstsun Capital Bancorp by 223.9% during the fourth quarter. Millennium Management LLC now owns 55,369 shares of the company's stock worth $2,218,000 after buying an additional 38,276 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new stake in Firstsun Capital Bancorp during the fourth quarter worth about $514,000.
About Firstsun Capital Bancorp
(
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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.
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