U.S. Bancorp. [USB] stock is trading at $43.53, down -0.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The USB shares have gain 3.10% over the last week, with a monthly amount glided 6.59%, and seem to be holding up well over a long-time horizon.
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On 12, March 2024, U.S. Bancorp announces quarterly dividends. In a post published today on Yahoo Finance, The Board of Directors of U.S. Bancorp (NYSE: USB) has declared a regular quarterly dividend of $0.49 per common share, payable April 15, 2024, to stockholders of record at the close of business on March 29, 2024. At this quarterly dividend rate, the annual dividend is equivalent to $1.96 per common share.
From an analyst’s perspective:
U.S. Bancorp. [NYSE: USB] stock has seen the most recent analyst activity on March 22, 2024, when Compass Point upgraded its rating to a Buy and also boosted its price target to $49 from $46. Previously, Stephens downgraded its rating to Equal-Weight on December 20, 2023. On December 15, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $52 on the stock. Odeon upgraded its rating to a Buy. HSBC Securities initiated its recommendation with a Hold and recommended $30 as its price target on September 07, 2023. DA Davidson reiterated a Neutral rating for this stock on July 24, 2023, and upped its price target to $41. In a note dated July 20, 2023, Raymond James upgraded an Mkt Perform rating on this stock.
U.S. Bancorp. [USB] stock has fluctuated between $27.27 and $45.85 over the past year. Currently, Wall Street analysts expect the stock to reach $63.1 within the next 12 months. U.S. Bancorp. [NYSE: USB] shares were valued at $43.53 at the most recent close of the market. An investor can expect a potential return of 44.96% based on the average USB price forecast.
Analyzing the USB fundamentals
U.S. Bancorp. [NYSE:USB] reported sales of 40.09B for the trailing twelve months, which represents a growth of 23.81%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.33 points at the first support level, and at 43.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.86, and for the 2nd resistance point, it is at 44.20.
U.S. Bancorp. [USB] reported earnings per share of $0.99 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.98/share, meaning a difference of $0.01 and a surprise factor of 1.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.05 per share as compared to estimates of $1.02 per share, a difference of $0.03 representing a surprise of 2.90%.
Ratios To Look Out For
For context, U.S. Bancorp.’s Current Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.69, the price to book ratio is 1.40 and price to earnings (TTM) ratio is 13.28.
Transactions by insiders
Recent insider trading involved CHOSY JAMES L, Senior EVP and General Counsel, that happened on Feb 16 ’24 when 21582.0 shares were sold. Chairman, President and CEO, CECERE ANDREW completed a deal on Feb 15 ’24 to sell 93366.0 shares. Meanwhile, Vice Chair DOLAN TERRANCE R sold 26583.0 shares on Jan 30 ’24.
