U.S. Bancorp. (NYSE:USB)’s traded shares stood at 2.9 million during the latest session, with the company’s beta value hitting 1.06. At the last check today, the stock’s price was $41.99, to imply an increase of 0.14% or $0.06 in intraday trading. The USB share’s 52-week high remains $45.85, putting it -9.19% down since that peak but still an impressive 27.44% since price per share fell to its 52-week low of $30.47. The company has a valuation of $65.52B, with an average of 7.94 million shares over the past 3 months.
U.S. Bancorp. (NYSE:USB) trade information
After registering a 0.14% upside in the latest session, U.S. Bancorp. (USB) has traded red over the past five days. The stock hit a weekly high of 42.12, jumping 0.14% in its intraday price action. The 5-day price performance for the stock is 7.56%, and 9.21% over 30 days. With these gigs, the year-to-date price performance is -2.98%.
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U.S. Bancorp. (USB) estimates and forecasts
Looking at statistics comparing U.S. Bancorp. share performance against respective industry, we note that the company has underperformed competitors. U.S. Bancorp. (USB) shares are -3.25% down over the last 6 months, with its year-to-date growth rate lower than industry average at -11.14% against -5.10%. The rating firms project that company’s revenue will shrink -2.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is 6.79B. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 6.89B.Earnings reports from the last fiscal year show that sales brought in 7.16B and 7.02B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.10% before dropping -1.80% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -4.60% for the past 5-year period. While 2024 is set for a 13.69% return in earnings, projections for the next 5 years are at 1.40% annually.
USB Dividends
U.S. Bancorp. has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. U.S. Bancorp. has a forward dividend ratio of 1.95, with the share yield ticking at 4.64% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
U.S. Bancorp. (NYSE:USB)’s Major holders
U.S. Bancorp. insiders hold 0.13% of total outstanding shares, with institutional holders owning 80.28% of the shares at 80.38% float percentage. In total, 80.28% institutions holds shares in the company, led by Vanguard Group Inc. As of Mar 31, 2024 , the company held over 135.37 shares (or 8.68% of shares), all amounting to roughly $5.71 billion.
The next major institution holding the largest number of shares is Blackrock Inc. with 110.91 shares, or about 7.11% of shares outstanding. As of the market price on Mar 31, 2024 , these shares were worth $4.68 billion.