Media coverage about U.S. Bancorp (NYSE:USB) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. U.S. Bancorp earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.9302659571648 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
USB has been the topic of several research analyst reports. Jefferies Group LLC reissued a “buy” rating and set a $59.00 target price on shares of U.S. Bancorp in a research note on Friday, August 11th. Argus raised shares of U.S. Bancorp from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research note on Thursday, July 20th. Robert W. Baird reissued a “hold” rating and set a $48.00 target price on shares of U.S. Bancorp in a research note on Friday, October 6th. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of U.S. Bancorp in a research note on Wednesday, July 19th. Finally, BidaskClub cut shares of U.S. Bancorp from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $53.82.
Shares of U.S. Bancorp (NYSE USB) traded down $0.50 during trading hours on Friday, hitting $51.61. 5,514,800 shares of the stock traded hands, compared to its average volume of 6,125,484. The firm has a market cap of $86,476.08, a P/E ratio of 15.46, a PEG ratio of 2.03 and a beta of 0.86. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.83 and a quick ratio of 0.82. U.S. Bancorp has a 52 week low of $47.43 and a 52 week high of $56.61.
U.S. Bancorp (NYSE:USB) last announced its quarterly earnings data on Wednesday, October 18th. The financial services provider reported $0.88 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.88. U.S. Bancorp had a return on equity of 13.91% and a net margin of 25.46%. The firm had revenue of $5.61 billion during the quarter, compared to analysts’ expectations of $5.60 billion. During the same period in the previous year, the business posted $0.84 EPS. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. equities research analysts predict that U.S. Bancorp will post 3.43 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $1.20 dividend on an annualized basis and a yield of 2.33%. This is an increase from U.S. Bancorp’s previous quarterly dividend of $0.28. U.S. Bancorp’s dividend payout ratio is 35.61%.
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U.S. Bancorp Company Profile
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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