FY2025 EPS Estimates for U.S. Bancorp Cut by DA Davidson (NYSE:USB)

U.S. Bancorp (NYSE:USBFree Report) – Analysts at DA Davidson decreased their FY2025 earnings estimates for U.S. Bancorp in a research note issued to investors on Thursday, April 18th. DA Davidson analyst P. Winter now forecasts that the financial services provider will earn $4.30 per share for the year, down from their previous estimate of $4.32. DA Davidson has a “Neutral” rating and a $44.00 price objective on the stock. The consensus estimate for U.S. Bancorp’s current full-year earnings is $3.86 per share.

USB has been the topic of several other reports. Morgan Stanley raised their target price on shares of U.S. Bancorp from $44.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, January 30th. StockNews.com downgraded shares of U.S. Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, February 20th. HSBC upgraded shares of U.S. Bancorp from a “hold” rating to a “buy” rating and lifted their target price for the stock from $47.00 to $53.00 in a research report on Thursday, March 28th. Jefferies Financial Group boosted their price target on shares of U.S. Bancorp from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, April 8th. Finally, Wells Fargo & Company lowered their price objective on shares of U.S. Bancorp from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Thursday, April 18th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $46.14.

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U.S. Bancorp Stock Performance

Shares of USB stock opened at $40.96 on Monday. The stock has a market cap of $63.82 billion, a P/E ratio of 13.56, a P/E/G ratio of 2.10 and a beta of 1.05. 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 company has a fifty day moving average price of $42.34 and a two-hundred day moving average price of $40.03. U.S. Bancorp has a one year low of $27.27 and a one year high of $45.85.

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

Institutional Trading of U.S. Bancorp

Large investors have recently made changes to their positions in the company. Vestor Capital LLC raised its stake in U.S. Bancorp by 1.5% during the 4th quarter. Vestor Capital LLC now owns 17,179 shares of the financial services provider’s stock valued at $744,000 after acquiring an additional 253 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its holdings in shares of U.S. Bancorp by 1.4% during the fourth quarter. Mosaic Family Wealth Partners LLC now owns 19,223 shares of the financial services provider’s stock worth $832,000 after purchasing an additional 265 shares during the last quarter. Wealth Alliance boosted its holdings in U.S. Bancorp by 0.5% in the fourth quarter. Wealth Alliance now owns 49,229 shares of the financial services provider’s stock valued at $2,131,000 after acquiring an additional 266 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in U.S. Bancorp by 8.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,757 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 285 shares during the period. Finally, United Community Bank increased its position in shares of U.S. Bancorp by 0.7% during the fourth quarter. United Community Bank now owns 40,371 shares of the financial services provider’s stock worth $1,747,000 after acquiring an additional 289 shares during the last quarter. 77.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity at U.S. Bancorp

In other U.S. Bancorp news, insider Terrance R. Dolan sold 26,583 shares of the firm’s 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 sale, the insider now directly owns 144,236 shares of the company’s stock, valued at $6,255,515.32. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP James L. Chosy sold 21,582 shares of the business’s stock in a transaction on 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Terrance R. Dolan sold 26,583 shares of the company’s stock in a transaction dated 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 sale, the insider now owns 144,236 shares in the company, valued at approximately $6,255,515.32. The disclosure for this sale can be found here. 0.23% of the stock is owned by company insiders.

U.S. Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a yield of 4.79%. The ex-dividend date was Wednesday, March 27th. U.S. Bancorp’s dividend payout ratio is currently 64.90%.

U.S. Bancorp Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for U.S. Bancorp (NYSE:USB)

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