U.S. Bancorp (USB) Stock Forecast, Price & News

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last twelve months. There are currently 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" USB shares.
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18 analysts have issued 12-month price objectives for U.S. Bancorp's stock. Their USB share price forecasts range from $37.00 to $67.00. On average, they predict the company's share price to reach $50.16 in the next twelve months. This suggests a possible upside of 63.5% from the stock's current price.
View analysts price targets for USB or view top-rated stocks among Wall Street analysts.

U.S. Bancorp's stock was trading at $43.61 at the beginning of 2023. Since then, USB shares have decreased by 29.7% and is now trading at $30.67.
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U.S. Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 43,240,000 shares, an increase of 20.6% from the April 30th total of 35,840,000 shares. Based on an average daily trading volume, of 18,480,000 shares, the days-to-cover ratio is currently 2.3 days.
View U.S. Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, July 21st 2023.
View our USB earnings forecast.

U.S. Bancorp (NYSE:USB) released its quarterly earnings results on Wednesday, April, 19th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.13 by $0.09. The financial services provider had revenue of $7.18 billion for the quarter, compared to the consensus estimate of $7.14 billion. U.S. Bancorp had a trailing twelve-month return on equity of 16.70% and a net margin of 19.21%. The business's quarterly revenue was up 28.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS.
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U.S. Bancorp declared a quarterly dividend on Tuesday, March 14th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.48 per share on Monday, April 17th. This represents a $1.92 annualized dividend and a yield of 6.26%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for USB.

ETFs with the largest weight of U.S. Bancorp (NYSE:USB) stock in their portfolio include iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), Davis Select Financial ETF (DFNL), Invesco S&P Ultra Dividend Revenue ETF (RDIV), First Trust Nasdaq Bank ETF (FTXO), Davis Select U.S. Equity ETF (DUSA), Emerge EMPWR Sustainable Dividend Equity ETF (EMCA) and ETC 6 Meridian Mega Cap Equity ETF (SIXA).

U.S. Bancorp (NYSE:USB) pays an annual dividend of $1.92 per share and currently has a dividend yield of 6.26%. USB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 41.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for USB.

U.S. Bancorp updated its second quarter 2023 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $7.10 billion-$7.30 billion, compared to the consensus revenue estimate of $7.28 billion.

883 employees have rated U.S. Bancorp Chief Executive Officer Andrew Cecere on Glassdoor.com. Andrew Cecere has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other U.S. Bancorp investors own include Johnson & Johnson (JNJ), AT&T (T), Bank of America (BAC), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Walt Disney (DIS), Verizon Communications (VZ), Intel (INTC), Cisco Systems (CSCO) and AbbVie (ABBV).

U.S. Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "USB."

U.S. Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.82%), State Street Corp (3.79%), Price T Rowe Associates Inc. MD (3.06%), FMR LLC (2.56%), Charles Schwab Investment Management Inc. (1.79%) and Geode Capital Management LLC (1.71%). Insiders that own company stock include Alan B Colberg, Andrew Cecere, Gillern Jeffry H Von, Gunjan Kedia, James B Kelligrew, Katherine B Quinn, Lisa R Stark, Mark G Runkel, Richard P Mckenney, Scott W Wine and Terrance R Dolan.
View institutional ownership trends.

Shares of USB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of USB stock can currently be purchased for approximately $30.67.

U.S. Bancorp (NYSE:USB) has a market capitalization of $47.01 billion and generates $27.40 billion in revenue each year. The financial services provider earns $5.83 billion in net income (profit) each year or $3.76 on an earnings per share basis.

The company employs 78,192 workers across the globe.

U.S. Bancorp's mailing address is 800 NICOLLET MALL, MINNEAPOLIS MN, 55402. The official website for the company is www.usbank.com. The financial services provider can be reached via phone at (651) 466-3000, via email at investorrelations@usbank.com, or via fax at 612-303-0782.