U.S. Bancorp Stock Price, Forecast & Analysis (NYSE:USB)

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

U.S. Bancorp announced a quarterly dividend on Tuesday, September 17th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.42 per share on Tuesday, October 15th. This represents a $1.68 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Friday, September 27th. This is a boost from U.S. Bancorp's previous quarterly dividend of $0.37. View U.S. Bancorp's Dividend History.

U.S. Bancorp announced that its board has initiated a share repurchase program on Thursday, June 27th 2019, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its stock is undervalued.

U.S. Bancorp (NYSE:USB) released its quarterly earnings results on Wednesday, October, 16th. The financial services provider reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.04. The financial services provider earned $5.92 billion during the quarter, compared to analyst estimates of $5.81 billion. U.S. Bancorp had a net margin of 26.54% and a return on equity of 15.39%. The firm's revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.06 EPS. View U.S. Bancorp's Earnings History.

U.S. Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 15th 2020. View Earnings Estimates for U.S. Bancorp.

15 brokers have issued 12 month target prices for U.S. Bancorp's shares. Their forecasts range from $49.00 to $64.00. On average, they expect U.S. Bancorp's stock price to reach $56.79 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for U.S. Bancorp.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for U.S. Bancorp in the last year. There are currently 3 sell ratings, 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for U.S. Bancorp.

Media headlines about USB stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. U.S. Bancorp earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View News Stories for U.S. Bancorp.

U.S. Bancorp saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 16,270,000 shares, an increase of 6.2% from the September 30th total of 15,320,000 shares. Based on an average daily trading volume, of 5,120,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.0% of the shares of the company are short sold. View U.S. Bancorp's Current Options Chain.

Some companies that are related to U.S. Bancorp include Bank of America (BAC), Industrial & Cmrcl Bnk f China (IDCBY), Wells Fargo & Co (WFC), Citigroup (C), PNC Financial Services Group (PNC), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), UBS Group (UBS), BB&T (BBT), Mizuho Financial Group (MFG), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI) and Standard Chartered (SCBFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other U.S. Bancorp investors own include Bank of America (BAC), Wells Fargo & Co (WFC), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Intel (INTC), Citigroup (C), Cisco Systems (CSCO), General Electric (ge), Pfizer (PFE) and AT&T (T).

U.S. Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.30%), Sumitomo Mitsui Trust Holdings Inc. (0.37%), Yacktman Asset Management LP (0.30%), Alecta Pensionsforsakring Omsesidigt (0.30%), CIBC Private Wealth Group LLC (0.29%) and California Public Employees Retirement System (0.28%). Company insiders that own U.S. Bancorp stock include Andrew Cecere, Craig E Gifford, David B Omaley, Gillern Jeffry H Von, James B Kelligrew, John R Elmore, Leslie V Godridge, Mark G Runkel, PW Parker, Shailesh M Kotwal and Terrance R Dolan. View Institutional Ownership Trends for U.S. Bancorp.

USB stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Alecta Pensionsforsakring Omsesidigt, Russell Investments Group Ltd., Massachusetts Financial Services Co. MA, AMF Pensionsforsakring AB, Marathon Asset Management LLP, SG Americas Securities LLC and Teacher Retirement System of Texas. Company insiders that have sold U.S. Bancorp company stock in the last year include David B Omaley, Gillern Jeffry H Von, James B Kelligrew, Leslie V Godridge, Mark G Runkel, Shailesh M Kotwal and Terrance R Dolan. View Insider Buying and Selling for U.S. Bancorp.

USB stock was purchased by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Crossmark Global Holdings Inc., 6 Meridian, XR Securities LLC, Alberta Investment Management Corp and Envestnet Asset Management Inc.. View Insider Buying and Selling for U.S. Bancorp.

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

One share of USB stock can currently be purchased for approximately $59.09.

U.S. Bancorp has a market capitalization of $92.29 billion and generates $25.78 billion in revenue each year. The financial services provider earns $7.10 billion in net income (profit) each year or $4.10 on an earnings per share basis. U.S. Bancorp employs 73,333 workers across the globe.View Additional Information About U.S. Bancorp.

The official website for U.S. Bancorp is http://www.usbank.com/.

U.S. Bancorp's mailing address is 800 NICOLLET MALL, MINNEAPOLIS MN, 55402. The financial services provider can be reached via phone at 651-466-3000 or via email at [email protected]