First Business Financial Services, Inc. (NASDAQ:FBIZ) Sees Significant Short-Term Interest Growth


First Business Financial Services, Inc. (NASDAQ:FBIZ – Get Rating) saw strong growth in short-term interest in April. As of April 30, there were short interests totaling 23,100 shares, a growth of 51.0% from the total of 15,300 shares as of April 15. Based on an average daily volume of 20,700 shares, the short interest rate is currently 1.1 days. Approximately 0.3% of the company’s shares are sold short.

FBIZ has been the subject of a number of recent research reports. launched coverage on First Business Financial Services stocks in a research note on Thursday, March 31. They set a “buy” rating on the stock. Zacks Investment Research moved shares of First Business Financial Services from a “hold” rating to a “sell” rating in a Friday, April 29 research note. One financial analyst has assigned the stock a sell rating, one has issued a hold rating and two have assigned the company’s stock a buy rating. According to, the company currently has an average rating of “Hold” and a consensus price target of $33.50.

NASDAQ:FBIZ shares opened at $33.33 on Friday. The company’s fifty-day moving average price is $33.25 and its 200-day moving average price is $31.66. The company has a market capitalization of $282.31 million, a price-earnings ratio of 8.23 ​​and a beta of 0.71. First Business Financial Services has a one-year minimum of $25.69 and a one-year maximum of $35.44. The company has a debt ratio of 1.78, a current ratio of 1.17 and a quick ratio of 1.16.

(A d)

Charlie Shrem is like the “godfather of cryptocurrencies”. He discovered Bitcoin while it was trading for $5. Ethereum at $109. Binance at just $6. Cardano for 5 CENTS.

Today he shares the details of a crypto at $0.21 HUNDRED with Top 5 Potential… along with his BIG prediction for May 20th.

First Business Financial Services (NASDAQ:FBIZ – Get Rating) last released its quarterly results on Thursday, April 28. The financial services provider reported EPS of $1.02 for the quarter, beating analyst consensus estimates of $0.91 by $0.11. First Business Financial Services posted a net margin of 27.82% and a return on equity of 15.21%. As a group, equity research analysts expect First Business Financial Services to post EPS of 3.78 for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 19. Shareholders of record on Monday, May 9 will receive a dividend of $0.1975 per share. The ex-dividend date is Friday, May 6. This represents an annualized dividend of $0.79 and a yield of 2.37%. First Business Financial Services’ payout ratio is currently 19.51%.

Separately, director Carla C. Chavarria acquired 755 shares in a trade on Thursday, April 14. The shares were acquired at an average price of $33.27 per share, with a total value of $25,118.85. Following completion of the transaction, the administrator now owns 3,966 shares of the company, valued at approximately $131,948.82. The purchase was disclosed in a document filed with the SEC, accessible via this hyperlink. Insiders hold 6.10% of the shares of the company.

A number of institutional investors and hedge funds have recently changed their positions in FBIZ. Lazard Asset Management LLC purchased a new stake in shares of First Business Financial Services in Q4 for a value of approximately $26,000. Hillsdale Investment Management Inc. increased its position in shares of First Business Financial Services by 30.0% in the fourth quarter. Hillsdale Investment Management Inc. now owns 2,600 shares of the financial services provider worth $76,000 after purchasing an additional 600 shares during the period. Russell Investments Group Ltd. increased its position in First Business Financial Services shares by 105.5% in the fourth quarter. Russell Investments Group Ltd. now owns 3,905 shares of the financial services provider worth $113,000 after purchasing an additional 2,005 shares during the period. JPMorgan Chase & Co. bought a new stake in shares of First Business Financial Services in Q4 for a value of approximately $140,000. Finally, Citigroup Inc. purchased a new stake in shares of First Business Financial Services in Q1 worth approximately $146,000. 58.27% of the shares are held by institutional investors and hedge funds.

First Business Financial Services Company Profile (Get an evaluation)

First Business Financial Services, Inc operates as a banking holding company for First Business Bank which provides commercial banking products and services to small and medium-sized businesses, business owners, executives, professionals and high net worth individuals. The Company offers deposit products, such as non-interest bearing transaction accounts, interest bearing transaction accounts, money market accounts, term deposits and certificates of deposit, as well as credit cards.

Further reading

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in First Business Financial Services right now?

Before you consider First Business Financial Services, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and First Business Financial Services didn’t make the list.

Although First Business Financial Services currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here


About Author

Comments are closed.