FY2026 EPS Estimates for U.S. Bancorp Lowered by Analyst

U.S. Bancorp (NYSE:USB - Free Report) - Analysts at DA Davidson cut their FY2026 earnings per share estimates for shares of U.S. Bancorp in a note issued to investors on Monday, July 21st. DA Davidson analyst P. Winter now forecasts that the financial services provider will post earnings of $4.81 per share for the year, down from their previous estimate of $4.87. DA Davidson has a "Buy" rating and a $52.00 price objective on the stock. The consensus estimate for U.S. Bancorp's current full-year earnings is $4.38 per share.

U.S. Bancorp (NYSE:USB - Get Free Report) last announced its quarterly earnings results on Thursday, July 17th. The financial services provider reported $1.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.07 by $0.04. U.S. Bancorp had a net margin of 16.30% and a return on equity of 13.08%. The firm had revenue of $7.06 billion during the quarter, compared to analysts' expectations of $7.07 billion. During the same period in the prior year, the company earned $0.98 EPS. The firm's revenue was up 2.0% on a year-over-year basis.

A number of other equities analysts have also recently weighed in on USB. Oppenheimer upped their price objective on shares of U.S. Bancorp from $65.00 to $66.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. Wells Fargo & Company reduced their price target on shares of U.S. Bancorp from $56.00 to $50.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Truist Financial increased their price objective on shares of U.S. Bancorp from $48.00 to $50.00 and gave the stock a "hold" rating in a research note on Wednesday, July 9th. Morgan Stanley increased their price objective on shares of U.S. Bancorp from $51.00 to $52.00 and gave the stock an "overweight" rating in a research note on Friday, July 18th. Finally, Wolfe Research upgraded shares of U.S. Bancorp from a "peer perform" rating to an "outperform" rating and set a $49.00 price objective on the stock in a research note on Thursday, April 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, U.S. Bancorp currently has an average rating of "Moderate Buy" and a consensus target price of $52.50.

U.S. Bancorp Stock Up 0.6%

U.S. Bancorp stock traded up $0.26 during trading on Wednesday, reaching $46.32. 8,081,303 shares of the company's stock were exchanged, compared to its average volume of 10,951,260. The company's 50-day moving average is $44.96 and its two-hundred day moving average is $44.24. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.81 and a current ratio of 0.81. U.S. Bancorp has a 52-week low of $35.18 and a 52-week high of $53.98. The firm has a market cap of $72.16 billion, a price-to-earnings ratio of 11.08, a PEG ratio of 1.46 and a beta of 0.99.

U.S. Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend was Monday, June 30th. U.S. Bancorp's dividend payout ratio (DPR) is presently 47.85%.

Insider Activity

In other news, EVP Souheil Badran sold 23,727 shares of the stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $46.34, for a total value of $1,099,509.18. Following the completion of the transaction, the executive vice president directly owned 70,346 shares in the company, valued at $3,259,833.64. This trade represents a 25.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.23% of the stock is owned by company insiders.

Institutional Investors Weigh In On U.S. Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the stock. MGO One Seven LLC lifted its position in shares of U.S. Bancorp by 1.4% during the 2nd quarter. MGO One Seven LLC now owns 68,522 shares of the financial services provider's stock valued at $3,101,000 after acquiring an additional 942 shares during the last quarter. GW Henssler & Associates Ltd. boosted its stake in shares of U.S. Bancorp by 6.2% during the 2nd quarter. GW Henssler & Associates Ltd. now owns 502,882 shares of the financial services provider's stock valued at $22,755,000 after buying an additional 29,201 shares during the period. Mitchell Sinkler & Starr PA boosted its stake in shares of U.S. Bancorp by 12.1% during the 2nd quarter. Mitchell Sinkler & Starr PA now owns 12,594 shares of the financial services provider's stock valued at $570,000 after buying an additional 1,355 shares during the period. Meritage Portfolio Management acquired a new stake in shares of U.S. Bancorp during the 2nd quarter valued at $4,658,000. Finally, CWM LLC raised its holdings in shares of U.S. Bancorp by 10.4% during the 2nd quarter. CWM LLC now owns 183,671 shares of the financial services provider's stock valued at $8,311,000 after purchasing an additional 17,308 shares in the last quarter. Institutional investors and hedge funds 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.