U.S. Bancorp (USB) Earning Somewhat Positive Media Coverage, Analysis Shows
Headlines about U.S. Bancorp (NYSE:USB) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. U.S. Bancorp earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.547848164387 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have effected Accern’s analysis:
- US Bancorp (USB) ended its day with the change of -0.21% – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Deutsche Bank Upgrades U.S. Bancorp (USB) to Buy (americanbankingnews.com)
- U.S. Bancorp’s (USB) “Hold” Rating Reiterated at Vining Sparks (americanbankingnews.com)
- U.S. Bank Freight Payment Index™ Shows Spend Surging, Shipments Easing in Q4 (finance.yahoo.com)
- $5.52 Billion in Sales Expected for U.S. Bancorp (USB) This Quarter (americanbankingnews.com)
A number of brokerages recently issued reports on USB. Oppenheimer reiterated a “hold” rating on shares of U.S. Bancorp in a report on Wednesday, January 17th. Bank of America lowered U.S. Bancorp from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $56.00 to $54.00 in a research report on Monday, October 2nd. Barclays increased their price target on U.S. Bancorp from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, January 2nd. Vining Sparks reissued a “hold” rating and issued a $61.00 price target on shares of U.S. Bancorp in a research report on Thursday, January 25th. Finally, Zacks Investment Research lowered U.S. Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $57.00.
U.S. Bancorp (NYSE:USB) last issued its earnings results on Wednesday, January 17th. The financial services provider reported $0.88 EPS for the quarter, topping the consensus estimate of $0.87 by $0.01. U.S. Bancorp had a return on equity of 13.89% and a net margin of 25.91%. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.59 billion. During the same quarter last year, the company earned $0.82 EPS. The firm’s revenue was up 3.7% compared to the same quarter last year. sell-side analysts predict that U.S. Bancorp will post 4 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were paid a $0.30 dividend. The ex-dividend date was Thursday, December 28th. This represents a $1.20 annualized dividend and a yield of 2.08%. U.S. Bancorp’s dividend payout ratio is currently 34.19%.
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About U.S. Bancorp
U.S. Bancorp is a multi-state financial services holding company. The Company provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. It also engages in credit card services, merchant and automated teller machine (ATM) processing, mortgage banking, insurance, brokerage and leasing.
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