FY2025 EPS Estimates for U.S. Bancorp Lifted by DA Davidson

Key Points

• DA Davidson has raised its FY2025 EPS estimate for U.S. Bancorp from $4.44 to $4.58, maintaining a "Buy" rating with a $59.00 price target.
• In Q3 2023, U.S. Bancorp reported earnings of $1.22 per share, exceeding expectations by $0.11, with revenue reaching $7.34 billion.
• The company recently increased its quarterly dividend to $0.52 per share, signaling confidence in its financial performance.

U.S. Bancorp (NYSE:USB - Free Report) - Investment analysts at DA Davidson raised their FY2025 EPS estimates for U.S. Bancorp in a research note issued on Friday, October 17th. DA Davidson analyst P. Winter now forecasts that the financial services provider will earn $4.58 per share for the year, up from their previous forecast of $4.44. DA Davidson has a "Buy" rating and a $59.00 price target 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 Q4 2025 earnings at $1.22 EPS and FY2026 earnings at $4.99 EPS.

U.S. Bancorp (NYSE:USB - Get Free Report) last posted its quarterly earnings results on Thursday, October 16th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.11. The firm had revenue of $7.34 billion during the quarter, compared to analyst estimates of $7.17 billion. U.S. Bancorp had a net margin of 16.89% and a return on equity of 13.34%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.03 earnings per share.

USB has been the topic of several other reports. Truist Financial upped their price objective on shares of U.S. Bancorp from $51.00 to $52.00 and gave the stock a "hold" rating in a research note on Friday. Citigroup upped their price objective on shares of U.S. Bancorp from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Friday. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of U.S. Bancorp in a research note on Wednesday, October 8th. Oppenheimer decreased their price objective on shares of U.S. Bancorp from $67.00 to $66.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 23rd. Finally, Evercore ISI upped their price objective on shares of U.S. Bancorp from $49.00 to $54.00 and gave the stock an "in-line" rating in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, U.S. Bancorp currently has an average rating of "Moderate Buy" and an average price target of $54.48.

U.S. Bancorp Price Performance

Shares of U.S. Bancorp stock opened at $45.66 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $71.06 billion, a price-to-earnings ratio of 10.45, a P/E/G ratio of 1.31 and a beta of 1.06. U.S. Bancorp has a 1-year low of $35.18 and a 1-year high of $53.98. The firm's 50-day moving average price is $47.93 and its two-hundred day moving average price is $44.86.

Institutional Trading of U.S. Bancorp

Several hedge funds have recently modified their holdings of the stock. IMG Wealth Management Inc. bought a new position in U.S. Bancorp in the second quarter valued at approximately $25,000. Saudi Central Bank bought a new position in U.S. Bancorp in the first quarter valued at approximately $26,000. Westend Capital Management LLC bought a new position in U.S. Bancorp in the first quarter valued at approximately $27,000. Hillsdale Investment Management Inc. bought a new position in U.S. Bancorp in the second quarter valued at approximately $27,000. Finally, YANKCOM Partnership boosted its stake in U.S. Bancorp by 59.4% in the first quarter. YANKCOM Partnership now owns 698 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 260 shares during the last quarter. 77.60% of the stock is owned by institutional investors.

U.S. Bancorp Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 4.6%. This is an increase from U.S. Bancorp's previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Tuesday, September 30th. U.S. Bancorp's payout ratio is currently 47.60%.

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.

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