Q2 Earnings Estimate for U.S. Bancorp Issued By DA Davidson

U.S. Bancorp (NYSE:USB - Free Report) - Equities researchers at DA Davidson upped their Q2 2025 earnings estimates for U.S. Bancorp in a report issued on Friday, June 27th. DA Davidson analyst P. Winter now forecasts that the financial services provider will post earnings per share of $1.08 for the quarter, up from their prior forecast of $1.07. DA Davidson currently has a "Buy" rating and a $49.00 price target on the stock. The consensus estimate for U.S. Bancorp's current full-year earnings is $4.38 per share.

Other equities analysts have also recently issued reports about the stock. Bank of America lowered their price target on shares of U.S. Bancorp from $50.00 to $49.00 and set a "buy" rating on the stock in a report on Monday, March 17th. Wall Street Zen downgraded U.S. Bancorp from a "hold" rating to a "sell" rating in a research report on Saturday, June 7th. Oppenheimer boosted their price target on shares of U.S. Bancorp from $57.00 to $59.00 and gave the company an "outperform" rating in a report on Monday, April 28th. Evercore ISI boosted their price target on U.S. Bancorp from $44.00 to $49.00 and gave the company an "in-line" rating in a research note on Wednesday, June 4th. Finally, Raymond James Financial restated an "outperform" rating and issued a $51.00 price target (down from $57.00) on shares of U.S. Bancorp in a research report on Thursday, April 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $50.93.

U.S. Bancorp Price Performance

Shares of NYSE:USB traded up $0.24 on Monday, reaching $47.73. 7,036,141 shares of the company traded hands, compared to its average volume of 9,309,023. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.80 and a quick ratio of 0.80. U.S. Bancorp has a fifty-two week low of $35.18 and a fifty-two week high of $53.98. The stock has a market capitalization of $74.36 billion, a PE ratio of 11.81, a P/E/G ratio of 1.75 and a beta of 0.99. The company's 50 day moving average is $43.39 and its 200-day moving average is $44.45.

U.S. Bancorp (NYSE:USB - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $1.03 EPS for the quarter, topping the consensus estimate of $0.97 by $0.06. U.S. Bancorp had a net margin of 15.70% and a return on equity of 13.02%. The firm had revenue of $6.96 billion for the quarter, compared to analysts' expectations of $6.92 billion. During the same period in the previous year, the business earned $0.78 earnings per share.

U.S. Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $2.00 annualized dividend and a yield of 4.19%. U.S. Bancorp's dividend payout ratio is presently 49.50%.

Insider Buying and Selling at U.S. Bancorp

In other news, Director Aleem Gillani purchased 5,000 shares of U.S. Bancorp stock in a transaction that occurred on Monday, April 21st. The shares were acquired at an average price of $37.32 per share, for a total transaction of $186,600.00. Following the transaction, the director owned 15,000 shares of the company's stock, valued at approximately $559,800. The trade was a 50.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.23% of the company's stock.

Institutional Trading of U.S. Bancorp

A number of hedge funds have recently added to or reduced their stakes in USB. Vanguard Group Inc. grew its position in U.S. Bancorp by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 141,230,279 shares of the financial services provider's stock worth $5,962,742,000 after acquiring an additional 2,393,383 shares during the last quarter. FMR LLC boosted its holdings in shares of U.S. Bancorp by 5.0% during the 4th quarter. FMR LLC now owns 67,125,746 shares of the financial services provider's stock worth $3,210,624,000 after buying an additional 3,211,815 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in U.S. Bancorp by 5.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 49,789,725 shares of the financial services provider's stock worth $2,381,443,000 after purchasing an additional 2,460,845 shares during the period. Geode Capital Management LLC raised its stake in U.S. Bancorp by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 33,937,360 shares of the financial services provider's stock worth $1,618,948,000 after buying an additional 850,763 shares during the period. Finally, Amundi lifted its holdings in shares of U.S. Bancorp by 2.2% in the 1st quarter. Amundi now owns 19,907,665 shares of the financial services provider's stock worth $773,268,000 after purchasing an additional 422,050 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.