Earnings and Growth Analysis : U.S. Bancorp (NYSE:USB)

Earnings results for U.S. Bancorp (NYSE:USB)

U.S. Bancorp is expected* to report earnings on 10/14/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 11 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.93. The reported EPS for the same quarter last year was $1.15.

U.S. Bancorp last posted its earnings data on July 15th, 2020. The financial services provider reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.03. The business had revenue of $5.77 billion for the quarter, compared to analyst estimates of $5.54 billion. Its quarterly revenue was up 3.5% on a year-over-year basis. U.S. Bancorp has generated $4.34 earnings per share over the last year and currently has a price-to-earnings ratio of 12.1. U.S. Bancorp has confirmed that its next quarterly earnings report will be published on Wednesday, October 14th, 2020.

Analyst Opinion on U.S. Bancorp (NYSE:USB)

22 Wall Street analysts have issued ratings and price targets for U.S. Bancorp in the last 12 months. Their average twelve-month price target is $44.98, predicting that the stock has a possible upside of 17.06%. The high price target for USB is $59.00 and the low price target for USB is $33.00. There are currently 3 sell ratings, 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus rating of “Hold.”

U.S. Bancorp has received a consensus rating of Hold. The company’s average rating score is 2.32, and is based on 10 buy ratings, 9 hold ratings, and 3 sell ratings. According to analysts’ consensus price target of $44.98, U.S. Bancorp has a forecasted upside of 17.1% from its current price of $38.42. U.S. Bancorp has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: U.S. Bancorp (NYSE:USB)

U.S. Bancorp is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks. U.S. Bancorp has been increasing its dividend for 9 years. The dividend payout ratio of U.S. Bancorp is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, U.S. Bancorp will have a dividend payout ratio of 61.99% next year. This indicates that U.S. Bancorp will be able to sustain or increase its dividend.

Insiders buying/selling: U.S. Bancorp (NYSE:USB)

In the past three months, U.S. Bancorp insiders have not sold or bought any company stock. Only 0.23% of the stock of U.S. Bancorp is held by insiders. 73.22% of the stock of U.S. Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of U.S. Bancorp (NYSE:USB

Earnings for U.S. Bancorp are expected to grow by 8.40% in the coming year, from $2.50 to $2.71 per share. The P/E ratio of U.S. Bancorp is 12.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.81. The P/E ratio of U.S. Bancorp is 12.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.66. U.S. Bancorp has a PEG Ratio of 2.44. PEG Ratios above 1 indicate that a company could be overvalued. U.S. Bancorp has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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