U.S. Bancorp (NYSE:USB) Receives $67.06 Average PT from Analysts

Shares of U.S. Bancorp (NYSE:USB) have earned a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are presently covering the company, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold recommendation, sixteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $67.0625.

A number of equities research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on U.S. Bancorp from $66.00 to $69.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. UBS Group raised their price objective on shares of U.S. Bancorp from $58.00 to $66.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 7th. Stephens lifted their price objective on shares of U.S. Bancorp from $63.00 to $67.00 and gave the company an “equal weight” rating in a research note on Friday, July 17th. Barclays boosted their target price on shares of U.S. Bancorp from $67.00 to $75.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, Oppenheimer raised their price target on shares of U.S. Bancorp from $73.00 to $77.00 and gave the stock an “outperform” rating in a report on Friday, July 17th.

U.S. Bancorp Stock Performance

Shares of USB opened at $65.22 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $101.61 billion, a P/E ratio of 13.02, a price-to-earnings-growth ratio of 1.07 and a beta of 0.96. The firm’s fifty day simple moving average is $61.57 and its two-hundred day simple moving average is $57.32. U.S. Bancorp has a 12 month low of $45.02 and a 12 month high of $65.61.

U.S. Bancorp (NYSE:USB) last posted its quarterly earnings data on Thursday, July 16th. The financial services provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.07. U.S. Bancorp had a return on equity of 13.69% and a net margin of 18.49%.The firm had revenue of $7.69 billion during the quarter, compared to analyst estimates of $7.58 billion. During the same period last year, the company posted $1.11 EPS. As a group, analysts predict that U.S. Bancorp will post 5.22 EPS for the current year.

U.S. Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, June 30th. U.S. Bancorp’s dividend payout ratio is 41.52%.

Insider Activity

In other news, insider Stephen L. Philipson sold 36,906 shares of the firm’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $63.08, for a total value of $2,328,030.48. Following the completion of the sale, the insider directly owned 74,969 shares in the company, valued at $4,729,044.52. This trade represents a 32.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.21% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in USB. Vanguard Group Inc. raised its position in shares of U.S. Bancorp by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 146,376,783 shares of the financial services provider’s stock worth $7,810,665,000 after purchasing an additional 1,828,404 shares during the period. State Street Corp grew its position in U.S. Bancorp by 0.8% in the 4th quarter. State Street Corp now owns 69,701,898 shares of the financial services provider’s stock valued at $3,755,083,000 after purchasing an additional 522,368 shares during the period. Mufg Bank LTD. bought a new stake in U.S. Bancorp during the 2nd quarter valued at $2,680,199,000. Geode Capital Management LLC increased its stake in U.S. Bancorp by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 37,679,617 shares of the financial services provider’s stock valued at $2,002,518,000 after purchasing an additional 443,646 shares in the last quarter. Finally, Norges Bank acquired a new position in U.S. Bancorp during the fourth quarter worth $1,887,497,000. Institutional investors own 77.60% of the company’s stock.

Trending Headlines about U.S. Bancorp

Here are the key news stories impacting U.S. Bancorp this week:

• Positive Sentiment: Analyst price target remains above the current trading range. Brokerages set an average price target of $67.06, implying additional upside and reinforcing the view that U.S. Bancorp may still offer value despite its recent rally. Brokerages Set U.S. Bancorp Price Target at $67.06
• Positive Sentiment: Expanded 49ers partnership strengthens U.S. Bank’s regional brand presence. U.S. Bancorp will remain the San Francisco 49ers’ Official Bank Partner under a multiyear extension, gaining expanded stadium branding, a practice-jersey patch, youth and girls’ flag-football programs, financial education initiatives, and marketing campaigns featuring prominent players. The agreement could improve consumer engagement and reinforce the bank’s Bay Area franchise. San Francisco 49ers and U.S. Bank Announce Partnership Extension
• Neutral Sentiment: Recent bond issuance highlights active balance-sheet management. U.S. Bancorp has issued or announced senior unsecured fixed-rate notes with coupons ranging from 5.25% to 6.30% and maturities extending from 2033 to 2046. The funding can support liquidity and refinancing needs, but the relatively high coupons also increase interest costs. U.S. Bancorp Bond Issuance Analysis
• Neutral Sentiment: Investors are weighing USB against BNY as a value opportunity. The comparison reflects continued attention to U.S. Bancorp’s valuation, but the article does not establish a clear advantage for USB. USB or BNY Value Comparison
• Negative Sentiment: Marketing spending could become a concern. While the 49ers deal offers brand benefits, investors may question whether expanded sponsorship and hospitality costs generate sufficient returns, particularly as the bank also raises funds at elevated fixed interest rates. Is U.S. Bancorp’s 49ers Push a Smart Brand Play?

About U.S. Bancorp

U.S. Bancorp (NYSE: USB) is a bank holding company and the parent of U.S. Bank, a national commercial bank that provides a wide range of banking, investment, mortgage, trust and payment services. The company operates through consumer and business banking, commercial banking, payment services, and wealth management segments. Its product set includes deposit accounts, consumer and commercial lending, mortgage origination and servicing, credit and debit card services, treasury and cash management, merchant processing, and institutional and trust services.

Headquartered in Minneapolis, Minnesota, U.S.