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 twelve months. There are currently 10 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" USB shares.
View USB analyst ratings or view top-rated stocks.

22 equities research analysts have issued 12 month price objectives for U.S. Bancorp's stock. Their USB share price forecasts range from $33.00 to $67.00. On average, they predict the company's share price to reach $48.20 in the next twelve months. This suggests a possible upside of 22.1% 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 start of the year. Since then, USB stock has decreased by 9.5% and is now trading at $39.46.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 13th 2023.
View our USB earnings forecast.

U.S. Bancorp (NYSE:USB) released its earnings results on Wednesday, July, 19th. The financial services provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.13 by $0.01. The financial services provider had revenue of $7.17 billion for the quarter, compared to analyst estimates of $7.17 billion. U.S. Bancorp had a trailing twelve-month return on equity of 16.53% and a net margin of 16.59%. U.S. Bancorp's quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.09 EPS.
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U.S. Bancorp announced a quarterly dividend on Tuesday, June 13th. Shareholders of record on Friday, June 30th will be given a dividend of $0.48 per share on Monday, July 17th. This represents a $1.92 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Thursday, June 29th.
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 4.87%. 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 44.86% 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 issued an update on its third quarter 2023 earnings guidance on Wednesday, July, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.90 billion-$7.10 billion, compared to the consensus revenue estimate of $7.22 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 retail and institutional investors. Top institutional investors include Bank Julius Baer & Co. Ltd Zurich (44.57%), BlackRock Inc. (7.11%), Charles Schwab Investment Management Inc. (1.90%), Geode Capital Management LLC (1.66%), Northern Trust Corp (1.15%) and Bank of New York Mellon Corp (1.09%). 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.
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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 $39.46.

U.S. Bancorp (NYSE:USB) has a market capitalization of $61.44 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.