Recent Research Analysts’ Ratings Updates for U.S. Bancorp (USB)

Several analysts have recently updated their ratings and price targets for U.S. Bancorp (NYSE: USB):

• 1/13/2025 – U.S. Bancorp was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $58.00 price target on the stock.
• 1/7/2025 – U.S. Bancorp is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $54.00 price target on the stock.
• 1/6/2025 – U.S. Bancorp had its price target raised by analysts at Barclays PLC from $57.00 to $61.00. They now have an “overweight” rating on the stock.
• 1/3/2025 – U.S. Bancorp had its price target lowered by analysts at Oppenheimer Holdings Inc. from $66.00 to $62.00. They now have an “outperform” rating on the stock.
• 1/2/2025 – U.S. Bancorp was upgraded by analysts at DA Davidson from a “neutral” rating to a “buy” rating. They now have a $60.00 price target on the stock, up previously from $58.00.
• 12/19/2024 – U.S. Bancorp was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating. They now have a $57.00 price target on the stock.
• 12/10/2024 – U.S. Bancorp had its price target raised by analysts at Compass Point from $49.00 to $60.00. They now have a “buy” rating on the stock.
• 12/3/2024 – U.S. Bancorp had its price target raised by analysts at Piper Sandler from $52.00 to $58.00. They now have a “neutral” rating on the stock.
• 11/25/2024 – U.S. Bancorp was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating. They now have a $65.00 price target on the stock, up previously from $49.00.

U.S. Bancorp Price Performance

NYSE:USB opened at $49.08 on Wednesday. The business’s 50-day moving average is $50.25 and its 200 day moving average is $46.68. U.S. Bancorp has a 12 month low of $37.81 and a 12 month high of $53.98. The company has a market capitalization of $76.57 billion, a P/E ratio of 15.01, a P/E/G ratio of 3.01 and a beta of 1.05. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.04.

U.S. Bancorp (NYSE:USB) last announced its quarterly earnings results on Wednesday, October 16th. The financial services provider reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The firm had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.90 billion. U.S. Bancorp had a net margin of 12.92% and a return on equity of 12.91%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. On average, equities research analysts forecast that U.S. Bancorp will post 3.93 earnings per share for the current fiscal year.

U.S. Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.50 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $2.00 annualized dividend and a dividend yield of 4.07%. U.S. Bancorp’s payout ratio is 61.16%.

Insider Buying and Selling

In other news, insider Jodi L. Richard sold 25,000 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $49.03, for a total transaction of $1,225,750.00. Following the transaction, the insider now directly owns 129,790 shares in the company, valued at approximately $6,363,603.70. This trade represents a 16.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.23% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On U.S. Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of USB. Winch Advisory Services LLC raised its stake in U.S. Bancorp by 1,088.9% in the 4th quarter. Winch Advisory Services LLC now owns 535 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 490 shares during the last quarter. Global Wealth Strategies & Associates boosted its holdings in shares of U.S. Bancorp by 70.8% in the 4th quarter. Global Wealth Strategies & Associates now owns 603 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 250 shares during the last quarter. Frazier Financial Advisors LLC boosted its holdings in shares of U.S. Bancorp by 222.7% in the 3rd quarter. Frazier Financial Advisors LLC now owns 639 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 441 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of U.S. Bancorp in the fourth quarter worth $38,000. Finally, First Financial Corp IN acquired a new position in U.S. Bancorp during the fourth quarter valued at $41,000. 77.60% of the stock is owned by hedge funds and other institutional investors.

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.