Firstsun Capital Bancorp (NASDAQ:FSUN) Given “Outperform” Rating at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods reiterated their outperform rating on shares of Firstsun Capital Bancorp (NASDAQ:FSUN) in a research note issued to investors on Monday,Benzinga reports. They currently have a $47.00 target price on the stock, up from their previous target price of $46.00.

Separately, Raymond James upgraded Firstsun Capital Bancorp from a “market perform” rating to an “outperform” rating and set a $42.00 target price for the company in a research note on Tuesday, November 19th.

Firstsun Capital Bancorp Stock Up 4.0 %

Firstsun Capital Bancorp stock opened at $42.64 on Monday. The firm’s 50-day moving average is $39.83 and its two-hundred day moving average is $40.24. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.28. Firstsun Capital Bancorp has a 12-month low of $33.31 and a 12-month high of $44.37.

Firstsun Capital Bancorp (NASDAQ:FSUN) last announced its earnings results on Monday, January 27th. The company reported $0.86 earnings per share (EPS) 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%. On average, equities analysts anticipate that Firstsun Capital Bancorp will post 3.6 EPS for the current fiscal year.

Institutional Investors Weigh In On Firstsun Capital Bancorp

A number of institutional investors have recently bought and sold shares of the stock. Stieven Capital Advisors L.P. acquired a new position in shares of Firstsun Capital Bancorp in the 4th quarter valued at $18,743,000. Salzhauer Michael purchased a new position in shares of Firstsun Capital Bancorp in the 4th quarter worth $2,024,000. Empowered Funds LLC acquired a new position in Firstsun Capital Bancorp in the fourth quarter valued at $1,430,000. Geode Capital Management LLC purchased a new stake in Firstsun Capital Bancorp during the third quarter valued at about $3,066,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in Firstsun Capital Bancorp during the third quarter worth about $42,772,000.

About Firstsun Capital Bancorp

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.