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

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last year. There are currently 12 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" USB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in USB, but not buy additional shares or sell existing shares.
View USB analyst ratings or view top-rated stocks.

22 Wall Street research analysts have issued 1-year price objectives for U.S. Bancorp's stock. Their USB share price forecasts range from $30.00 to $62.00. On average, they anticipate the company's share price to reach $46.67 in the next twelve months. This suggests a possible upside of 42.2% 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 stock has decreased by 24.8% and is now trading at $32.81.
View the best growth stocks for 2023 here.

U.S. Bancorp saw a decline in short interest in the month of August. As of August 15th, there was short interest totaling 33,130,000 shares, a decline of 17.7% from the July 31st total of 40,250,000 shares. Based on an average trading volume of 13,440,000 shares, the days-to-cover ratio is presently 2.5 days.
View U.S. Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our USB earnings forecast.

U.S. Bancorp (NYSE:USB) posted its quarterly earnings data on Wednesday, July, 19th. The financial services provider reported $1.12 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by $0.01. The financial services provider had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.17 billion. U.S. Bancorp had a net margin of 16.59% and a trailing twelve-month return on equity of 16.53%. The company's quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business earned $1.09 earnings per share.
Read the conference call transcript.

U.S. Bancorp announced a quarterly dividend on Tuesday, September 12th. Investors of record on Friday, September 29th will be paid a dividend of $0.48 per share on Monday, October 16th. This represents a $1.92 annualized dividend and a yield of 5.85%. The ex-dividend date of this dividend is Thursday, September 28th.
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), Davis Select Financial ETF (DFNL), Invesco S&P Ultra Dividend Revenue ETF (RDIV), Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Davis Select U.S. Equity ETF (DUSA), Adaptive Core ETF (RULE) and BTD Capital Fund (DIP).

U.S. Bancorp (NYSE:USB) pays an annual dividend of $1.92 per share and currently has a dividend yield of 5.72%. 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 53.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 45.28% 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 FY 2023 earnings guidance on Wednesday, September, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $28.00 billion-$29.00 billion, compared to the consensus revenue estimate of $28.38 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 variety of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (44.57%), BlackRock Inc. (7.11%), State Street Corp (3.94%), Charles Schwab Investment Management Inc. (1.90%), Geode Capital Management LLC (1.66%) and Wells Fargo & Company MN (1.64%). 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, Terrance R Dolan and Timothy A Welsh.
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 $32.81.

U.S. Bancorp (NYSE:USB) has a market capitalization of $50.30 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 $3.61 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.