Q1 Earnings Forecast for U.S. Bancorp Issued By DA Davidson

U.S. Bancorp (NYSE:USB - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings per share estimates for shares of U.S. Bancorp in a note issued to investors on Friday, January 17th. DA Davidson analyst P. Winter anticipates that the financial services provider will earn $0.97 per share for the quarter. DA Davidson currently has a "Buy" rating and a $60.00 price target on the stock. The consensus estimate for U.S. Bancorp's current full-year earnings is $3.91 per share.

A number of other research firms have also issued reports on USB. Stephens upped their target price on U.S. Bancorp from $49.00 to $52.00 and gave the company an "equal weight" rating in a research note on Thursday, October 17th. Truist Financial began coverage on U.S. Bancorp in a research report on Tuesday, January 7th. They issued a "hold" rating and a $54.00 price objective on the stock. Robert W. Baird set a $54.00 price objective on U.S. Bancorp in a research report on Thursday, October 17th. Piper Sandler upgraded shares of U.S. Bancorp from a "neutral" rating to an "overweight" rating and set a $58.00 target price on the stock in a report on Monday, January 13th. Finally, Raymond James raised shares of U.S. Bancorp from a "market perform" rating to an "outperform" rating and set a $57.00 price target on the stock in a research note on Thursday, December 19th. Ten investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, U.S. Bancorp has an average rating of "Moderate Buy" and an average price target of $54.21.

U.S. Bancorp Price Performance

Shares of NYSE USB traded up $0.37 on Monday, hitting $48.40. The company's stock had a trading volume of 14,819,489 shares, compared to its average volume of 5,864,763. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a 50 day moving average of $50.18 and a 200-day moving average of $46.88. U.S. Bancorp has a 12-month low of $37.81 and a 12-month high of $53.98. The company has a market capitalization of $75.50 billion, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05.

U.S. Bancorp (NYSE:USB - Get Free Report) last released its quarterly earnings results on Thursday, January 16th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.01. U.S. Bancorp had a return on equity of 12.91% and a net margin of 12.92%. The business had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $7 billion. During the same quarter in the previous year, the company posted $0.99 EPS. The business's revenue was up 3.7% on a year-over-year basis.

Hedge Funds Weigh In On U.S. Bancorp

Several hedge funds and other institutional investors have recently made changes to their positions in USB. State Street Corp grew its position in U.S. Bancorp by 1.2% in the third quarter. State Street Corp now owns 67,282,970 shares of the financial services provider's stock valued at $3,110,115,000 after acquiring an additional 819,805 shares in the last quarter. FMR LLC grew its holdings in U.S. Bancorp by 32.7% during the 3rd quarter. FMR LLC now owns 63,913,931 shares of the financial services provider's stock valued at $2,922,784,000 after purchasing an additional 15,746,852 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in U.S. Bancorp by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 47,328,880 shares of the financial services provider's stock worth $2,164,350,000 after buying an additional 1,796,336 shares during the period. Geode Capital Management LLC lifted its holdings in U.S. Bancorp by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 33,086,597 shares of the financial services provider's stock worth $1,507,616,000 after buying an additional 599,852 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in U.S. Bancorp by 2.7% in the 2nd quarter. Legal & General Group Plc now owns 12,376,977 shares of the financial services provider's stock valued at $491,364,000 after buying an additional 325,374 shares during the last quarter. Institutional investors and hedge funds own 77.60% of the company's stock.

U.S. Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend was Tuesday, December 31st. U.S. Bancorp's payout ratio is currently 61.16%.

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.