FY2025 EPS Estimates for U.S. Bancorp Reduced by Analyst

U.S. Bancorp (NYSE:USB - Free Report) - Stock analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for U.S. Bancorp in a research report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the financial services provider will post earnings per share of $4.40 for the year, down from their prior estimate of $4.44. DA Davidson has a "Buy" rating and a $60.00 price objective on the stock. The consensus estimate for U.S. Bancorp's current full-year earnings is $4.38 per share. DA Davidson also issued estimates for U.S. Bancorp's FY2025 earnings at $4.40 EPS.

U.S. Bancorp (NYSE:USB - Get Free Report) last announced its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.07 EPS for the quarter, topping the consensus estimate of $1.06 by $0.01. The business had revenue of $7.01 billion for the quarter, compared to analyst estimates of $7 billion. U.S. Bancorp had a return on equity of 12.94% and a net margin of 14.75%. The company's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 EPS.

Several other research firms also recently weighed in on USB. Barclays raised their target price on shares of U.S. Bancorp from $57.00 to $61.00 and gave the company an "overweight" rating in a report on Monday, January 6th. Piper Sandler raised shares of U.S. Bancorp from a "neutral" rating to an "overweight" rating and set a $58.00 price objective for the company in a research note on Monday, January 13th. Compass Point upped their target price on U.S. Bancorp from $49.00 to $60.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. reissued an "underweight" rating and set a $43.50 price target (down previously from $51.00) on shares of U.S. Bancorp in a research report on Thursday, April 3rd. Finally, Truist Financial reduced their price objective on U.S. Bancorp from $54.00 to $51.00 and set a "hold" rating on the stock in a research report on Friday, April 4th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $52.52.

U.S. Bancorp Price Performance

Shares of USB stock traded up $2.24 during mid-day trading on Friday, reaching $38.64. The stock had a trading volume of 9,192,682 shares, compared to its average volume of 8,814,725. U.S. Bancorp has a 12-month low of $35.18 and a 12-month high of $53.98. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 1.11. The business has a 50-day simple moving average of $44.19 and a 200 day simple moving average of $47.23. The company has a market cap of $60.21 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 1.73 and a beta of 0.91.

U.S. Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $2.00 annualized dividend and a yield of 5.18%. U.S. Bancorp's dividend payout ratio is presently 52.77%.

Insider Buying and Selling at U.S. Bancorp

In related news, insider Terrance R. Dolan sold 66,317 shares of the business's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $46.96, for a total value of $3,114,246.32. Following the completion of the sale, the insider now directly owns 209,482 shares of the company's stock, valued at $9,837,274.72. The trade was a 24.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jodi L. Richard sold 30,000 shares of U.S. Bancorp stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $47.59, for a total value of $1,427,700.00. Following the completion of the transaction, the insider now owns 99,790 shares of the company's stock, valued at approximately $4,749,006.10. The trade was a 23.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 219,812 shares of company stock valued at $10,385,665 in the last three months. Corporate insiders own 0.23% of the company's stock.

Hedge Funds Weigh In On U.S. Bancorp

Large investors have recently bought and sold shares of the business. J.Safra Asset Management Corp bought a new stake in shares of U.S. Bancorp in the 4th quarter worth approximately $26,000. Winch Advisory Services LLC increased its holdings in shares of U.S. Bancorp by 1,088.9% in the 4th quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider's stock worth $26,000 after acquiring an additional 490 shares during the period. FPC Investment Advisory Inc. bought a new stake in U.S. Bancorp in the 4th quarter valued at about $28,000. Global Wealth Strategies & Associates boosted its stake in U.S. Bancorp by 70.8% during the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 250 shares during the period. Finally, Stonebridge Financial Group LLC bought a new position in U.S. Bancorp in the 4th quarter worth about $30,000. Institutional investors own 77.60% of the company's stock.

About U.S. Bancorp

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.