U.S. Bancorp - USB Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last year. There are currently 8 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" USB shares.
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17 brokers have issued 12 month price targets for U.S. Bancorp's stock. Their USB share price forecasts range from $43.00 to $68.00. On average, they predict the company's stock price to reach $53.42 in the next year. This suggests a possible upside of 53.1% from the stock's current price.
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U.S. Bancorp's stock was trading at $43.61 at the beginning of the year. Since then, USB shares have decreased by 20.0% and is now trading at $34.90.
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U.S. Bancorp saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 9,170,000 shares, a drop of 11.1% from the February 13th total of 10,320,000 shares. Based on an average daily trading volume, of 8,310,000 shares, the days-to-cover ratio is currently 1.1 days.
View U.S. Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our USB earnings forecast.

U.S. Bancorp (NYSE:USB) issued its quarterly earnings results on Wednesday, January, 25th. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.11 by $0.09. The financial services provider earned $6.37 billion during the quarter, compared to the consensus estimate of $6.61 billion. U.S. Bancorp had a trailing twelve-month return on equity of 16.13% and a net margin of 21.26%. U.S. Bancorp's revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.07 earnings per share.
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U.S. Bancorp declared a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, March 31st will be given a dividend of $0.48 per share on Monday, April 17th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 5.50%. 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), Davis Select Financial ETF (DFNL), Davis Select U.S. Equity ETF (DUSA), USCF Dividend Income Fund (UDI), First Trust Nasdaq Bank ETF (FTXO), Invesco KBW Bank ETF (KBWB), Invesco S&P Ultra Dividend Revenue ETF (RDIV) and Federated Hermes U.S. Strategic Dividend ETF (FDV).

U.S. Bancorp (NYSE:USB) pays an annual dividend of $1.92 per share and currently has a dividend yield of 5.48%. 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 51.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, USB will have a dividend payout ratio of 36.64% 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 first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.10 billion-$7.30 billion, compared to the consensus revenue estimate of $7.15 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 many different institutional and retail investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (4.06%), Mufg Bank LTD. (2.99%), Price T Rowe Associates Inc. MD (2.20%), Charles Schwab Investment Management Inc. (1.94%), Geode Capital Management LLC (1.68%) and Davis Selected Advisers (1.06%). Insiders that own company stock include Andrew Cecere, Gillern Jeffry H Von, Gunjan Kedia, James B Kelligrew, Katherine B Quinn, Lisa R Stark, Mark G Runkel 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 $34.90.

U.S. Bancorp (NYSE:USB) has a market capitalization of $53.46 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 $3.71 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.