When it comes to earning per share the company is at 2.80% for the year with a projected 4.62% earning per share for the next year.
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On the company’s financial health, U.S. Bancorp reported $0.76 EPS for the quarter, based on the information available during the earnings call on April 20, 2016.
Last year, U.S. Bancorp reported earnings per share of 80 cents on revenue of $5.042 billion for the second quarter. The 25 equity analysts who rate the stock have an average target price at $44.66, with individual targets ranging between $39 and $51. The firm lowered its rating on USB from Buy to Neutral. Nomura Holdings Inc. reissued a “buy” rating on shares of U.S. Bancorp in a research report on Saturday, July 9th. Finally, Robert W. Baird downgraded U.S. Bancorp from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $45.00 to $42.00 in a research note on Thursday, April 21st. The shares have now been rated Market Perform by the stock experts at the ratings house. Deutsche Bank AG reissued a “hold” rating on shares of U.S. Bancorp in a report on Sunday, June 26th. Gifford Craig E offloaded 400 shares in the company at an average price of $41.73 and ended up generating $16,690 in proceeds. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.77 and $0.85. The stock recorded a low of $41.17 and closed the trading day at $41.25, in the green by 1.53%.
Price Momentum: Despite the 1.53% increase in value, the stock’s new closing price represents a -8.57% fall in value from company’s one year high of $46.2. The firm’s 50-day moving average is $41.23 and its 200-day moving average is $40.80. The stated EPS for the same quarter a year ago was $1.03. Following the completion of the transaction, the insider now directly owns 68,795 shares of the company’s stock, valued at $2,961,624.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The stock was sold at an average price of $43.05, for a total value of $301,350.00. Following the transaction, the chief executive officer now directly owns 1,567,589 shares of the company’s stock, valued at approximately $67,422,002.89. We also reported strong results in our capital markets business as we were positioned well to provide products and services to our customers as they navigated through the recent market volatility. The ex-dividend date of this dividend is Tuesday, June 28th.
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The dividend yield for the company is hovering around 2.47% while the pay out ratio is now at 32.10%. The Company’s banking subsidiary, U.S. Bank National Association, is engaged in the general banking business in domestic markets. U.S. Bancorp makes up approx 0.38% of First Financial Bank N.a. – Trust Division’s portfolio.
