U.S. Bancorp. (NYSE:USB)’s traded shares stood at 6.6 million during the last session, with the company’s beta value hitting 1.05. At the close of trading, the stock’s price was $47.74, to imply a decrease of -1.47% or -$0.71 in intraday trading. The USB share’s 52-week high remains $50.47, putting it -5.72% down since that peak but still an impressive 36.18% since price per share fell to its 52-week low of $30.47. The company has a valuation of $74.50B, with an average of 10.87 million shares in intraday trading volume over the past 10 days and average of 7.87 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for U.S. Bancorp. (USB), translating to a mean rating of 2.25. Of 12 analyst(s) looking at the stock, 0 analyst(s) give USB a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 10 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.04.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
U.S. Bancorp. (NYSE:USB) trade information
After registering a -1.47% downside in the last session, U.S. Bancorp. (USB) has traded red over the past five days. The 5-day price performance for the stock is -2.89%, and 5.39% over 30 days. With these gigs, the year-to-date price performance is 10.30%. Short interest in U.S. Bancorp. (NYSE:USB) saw shorts transact 19.45 million shares and set a 2.31 days time to cover.
The extremes give us $42 and $65 for target low and target high price respectively. As such, USB has been trading -36.15% off suggested target high and 12.02% from its likely low.
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 16.10% up over the last 6 months, with its year-to-date growth rate lower than industry average at -9.51% against -2.60%. Revenue is forecast to grow 5.10% this quarter before jumping 5.60% for the next one. The rating firms project that company’s revenue will shrink -2.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 11 analysts is 6.98B. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 6.91B.Earnings reports from the last fiscal year show that sales brought in 6.85B and 6.68B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.90% before jumping 3.40% 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 17.33% return in earnings, projections for the next 5 years are at 5.01% annually.
USB Dividends
U.S. Bancorp. has its next earnings report out on 2025-Jan-16. 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 1.97, with the share yield ticking at 4.13% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 4.07%.
U.S. Bancorp. (NYSE:USB)’s Major holders
U.S. Bancorp. insiders hold 0.13% of total outstanding shares, with institutional holders owning 79.23% of the shares at 79.33% float percentage. In total, 79.23% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 135.59 million shares (or 8.697% of shares), all amounting to roughly $5.38 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 110.54 million shares, or about 7.0906% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.39 billion.
