U.S. Bancorp (NYSE:USB) Forecasted to Earn FY2025 Earnings of $4.30 Per Share

U.S. Bancorp (NYSE:USB) – DA Davidson dropped their FY2025 earnings estimates for shares of U.S. Bancorp in a report released on Thursday, April 18th. DA Davidson analyst P. Winter now expects that the financial services provider will post earnings of $4.30 per share for the year, down from their previous estimate of $4.32. DA Davidson currently has a “Neutral” rating and a $44.00 price target on the stock. The consensus estimate for U.S. Bancorp’s current full-year earnings is $3.86 per share.

USB has been the subject of a number of other research reports. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $45.00 target price (down previously from $52.00) on shares of U.S. Bancorp in a research report on Thursday, April 18th. Royal Bank of Canada increased their target price on shares of U.S. Bancorp from $43.00 to $47.00 and gave the stock an “outperform” rating in a research report on Thursday, January 18th. Compass Point upgraded shares of U.S. Bancorp from a “neutral” rating to a “buy” rating and lifted their price target for the company from $46.00 to $49.00 in a research report on Friday, March 22nd. Piper Sandler reissued a “neutral” rating on shares of U.S. Bancorp in a research report on Friday, January 26th. Finally, Morgan Stanley raised their price objective on U.S. Bancorp from $44.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $46.14.

U.S. Bancorp Stock Performance

Shares of NYSE USB opened at $41.05 on Monday. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.82 and a quick ratio of 0.81. The firm has a market cap of $63.96 billion, a price-to-earnings ratio of 13.59, a P/E/G ratio of 2.10 and a beta of 1.05. The stock’s fifty day moving average price is $42.32 and its two-hundred day moving average price is $39.96. U.S. Bancorp has a one year low of $27.27 and a one year high of $45.85.

U.S. Bancorp (NYSE:USB) last posted its earnings results on Wednesday, April 17th. The financial services provider reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.71 billion. U.S. Bancorp had a return on equity of 13.93% and a net margin of 12.13%. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.16 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CGC Financial Services LLC acquired a new position in U.S. Bancorp in the fourth quarter valued at $25,000. BKM Wealth Management LLC bought a new stake in shares of U.S. Bancorp during the 4th quarter valued at about $26,000. Planned Solutions Inc. acquired a new stake in U.S. Bancorp during the fourth quarter worth approximately $27,000. Legacy Financial Group LLC bought a new stake in U.S. Bancorp in the third quarter worth approximately $30,000. Finally, Naples Money Management LLC acquired a new position in U.S. Bancorp in the fourth quarter valued at approximately $30,000. Institutional investors own 77.60% of the company’s stock.

Insider Activity

In related news, insider Terrance R. Dolan sold 26,583 shares of the business’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $43.37, for a total transaction of $1,152,904.71. Following the sale, the insider now owns 144,236 shares in the company, valued at approximately $6,255,515.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other U.S. Bancorp news, EVP James L. Chosy sold 21,582 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $41.47, for a total value of $895,005.54. Following the sale, the executive vice president now owns 164,880 shares in the company, valued at approximately $6,837,573.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Terrance R. Dolan sold 26,583 shares of U.S. Bancorp stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $43.37, for a total value of $1,152,904.71. Following the completion of the transaction, the insider now directly owns 144,236 shares in the company, valued at $6,255,515.32. The disclosure for this sale can be found here. 0.23% of the stock is owned by corporate insiders.

U.S. Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a dividend of $0.49 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.96 annualized dividend and a dividend yield of 4.77%. U.S. Bancorp’s dividend payout ratio (DPR) is presently 64.90%.

U.S. Bancorp Company Profile

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.