U.S. Bancorp to Post FY2025 Earnings of $4.30 Per Share, DA Davidson Forecasts (NYSE:USB)

U.S. Bancorp (NYSE:USBFree Report) – Investment analysts at DA Davidson reduced their FY2025 earnings estimates for U.S. Bancorp in a research report issued to clients and investors on Thursday, April 18th. DA Davidson analyst P. Winter now expects that the financial services provider will post earnings per share of $4.30 for the year, down from their prior estimate of $4.32. DA Davidson currently has a “Neutral” rating and a $44.00 price target on the stock. The consensus estimate for U.S. Bancorp’s current full-year earnings is $3.86 per share.

U.S. Bancorp (NYSE:USBGet Free Report) last issued its quarterly earnings results on Wednesday, April 17th. The financial services provider reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. U.S. Bancorp had a net margin of 12.13% and a return on equity of 13.93%. The business had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.71 billion. During the same quarter last year, the company posted $1.16 EPS. The company’s revenue was down 6.4% compared to the same quarter last year.

USB has been the subject of a number of other research reports. Jefferies Financial Group upped their price target on U.S. Bancorp from $44.00 to $46.00 and gave the stock a “hold” rating in a research report on Monday, April 8th. Compass Point raised shares of U.S. Bancorp from a “neutral” rating to a “buy” rating and increased their target price for the stock from $46.00 to $49.00 in a report on Friday, March 22nd. StockNews.com cut shares of U.S. Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, February 20th. Oppenheimer dropped their price target on shares of U.S. Bancorp from $55.00 to $54.00 and set an “outperform” rating for the company in a research report on Thursday, April 18th. Finally, Evercore ISI increased their price objective on shares of U.S. Bancorp from $46.00 to $48.00 and gave the stock an “in-line” rating in a research note on Thursday, March 28th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, U.S. Bancorp has an average rating of “Hold” and an average price target of $46.14.

Check Out Our Latest Research Report on U.S. Bancorp

U.S. Bancorp Price Performance

Shares of U.S. Bancorp stock opened at $41.05 on Monday. The stock has a market cap of $63.96 billion, a P/E ratio of 13.59, a P/E/G ratio of 2.10 and a beta of 1.05. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.81 and a current ratio of 0.82. The stock’s fifty day moving average is $42.32 and its 200 day moving average is $39.96. U.S. Bancorp has a one year low of $27.27 and a one year high of $45.85.

U.S. Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were issued a dividend of $0.49 per share. The ex-dividend date was Wednesday, March 27th. This represents a $1.96 annualized dividend and a dividend yield of 4.77%. U.S. Bancorp’s dividend payout ratio (DPR) is 64.90%.

Insider Transactions at U.S. Bancorp

In related news, EVP James L. Chosy sold 21,582 shares of the firm’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $41.47, for a total value of $895,005.54. Following the completion of the transaction, the executive vice president now directly owns 164,880 shares of the company’s stock, valued at $6,837,573.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, insider Terrance R. Dolan sold 26,583 shares of U.S. Bancorp stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $43.37, for a total value of $1,152,904.71. Following the completion of the transaction, the insider now owns 144,236 shares in the company, valued at approximately $6,255,515.32. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP James L. Chosy sold 21,582 shares of the stock in a transaction on Friday, February 16th. The shares were sold at an average price of $41.47, for a total value of $895,005.54. Following the sale, the executive vice president now owns 164,880 shares in the company, valued at approximately $6,837,573.60. The disclosure for this sale can be found here. Insiders own 0.23% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of USB. Bristlecone Advisors LLC boosted its stake in shares of U.S. Bancorp by 18.8% during the 1st quarter. Bristlecone Advisors LLC now owns 48,250 shares of the financial services provider’s stock worth $2,157,000 after purchasing an additional 7,624 shares during the period. Kessler Investment Group LLC purchased a new position in shares of U.S. Bancorp during the first quarter valued at approximately $358,000. Nilsine Partners LLC grew its stake in shares of U.S. Bancorp by 16.4% during the first quarter. Nilsine Partners LLC now owns 7,360 shares of the financial services provider’s stock valued at $329,000 after buying an additional 1,039 shares during the last quarter. Greystone Financial Group LLC lifted its stake in shares of U.S. Bancorp by 20.8% during the 1st quarter. Greystone Financial Group LLC now owns 114,263 shares of the financial services provider’s stock worth $5,108,000 after acquiring an additional 19,672 shares during the last quarter. Finally, Raymond James & Associates boosted its holdings in U.S. Bancorp by 1.5% during the 1st quarter. Raymond James & Associates now owns 3,491,825 shares of the financial services provider’s stock valued at $156,085,000 after acquiring an additional 50,495 shares during the period. Institutional investors own 77.60% of the company’s stock.

U.S. Bancorp Company Profile

(Get Free Report)

U.S. Bancorp, a financial services holding company, provides various financial services to individuals, businesses, institutional organizations, governmental entities, and other financial institutions in the United States. It operates through Wealth, Corporate, Commercial and Institutional Banking; Consumer and Business Banking; Payment Services; and Treasury and Corporate Support segments.

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Earnings History and Estimates for U.S. Bancorp (NYSE:USB)

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