During the recent session, U.S. Bancorp (NYSE:USB)’s traded shares were 0.91 million, with the beta value of the company hitting 1.01. At the last check today, the stock’s price was $41.85, reflecting an intraday gain of 1.34% or $0.55. The 52-week high for the USB share is $53.98, that puts it down -28.98 from that peak though still a striking 15.94% gain since the share price plummeted to a 52-week low of $35.18. The company’s market capitalization is $65.21B, and the average trade volume was 11.82 million shares over the past three months.
U.S. Bancorp (USB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.08. USB has a Sell rating from 0 analyst(s) out of 12 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.08.
U.S. Bancorp (NYSE:USB) trade information
U.S. Bancorp (USB) registered a 1.34% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.34% in intraday trading to $41.85, hitting a weekly high. The stock’s 5-day price performance is 3.35%, and it has moved by 14.99% in 30 days. Based on these gigs, the overall price performance for the year is 0.08%.
The consensus price target of analysts on Wall Street is $54, which implies an increase of 22.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $42 and $65 respectively. As a result, USB is trading at a discount of -55.32% off the target high and -0.36% off the low.
U.S. Bancorp (USB) estimates and forecasts
In the rating firms’ projections, revenue will increase 4.14% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.06B as predicted by 13 analyst(s). Meanwhile, a consensus of 13 analyst(s) estimates revenue growth to 7.21B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.84B and 6.83B respectively. In this case, analysts expect current quarter sales to grow by 3.21% and then jump by 5.46% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1.86%. While earnings are projected to return 14.24% in 2025, the next five years will return 11.61% per annum.
USB Dividends
U.S. Bancorp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for U.S. Bancorp is 1.99, with the dividend yield indicating at 4.75 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 110.54 million shares, is of BLACKROCK INC.’s that is approximately 7.086% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.39 billion.
Also, the Mutual Funds coming in first place with the largest holdings of U.S. Bancorp (USB) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 48.89 shares. This amounts to just over 3.14 percent of the company’s overall shares, with a $2.05 billion market value. The same data shows that the other fund manager holds slightly less at 42.23, or about 2.71% of the stock, which is worth about $1.77 billion.
