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Wednesday, December 6, 2023

Is U.S. Bancorp. (NYSE: USB) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for U.S. Bancorp. (USB) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.15, or 0.40%, to $37.79. The U.S. Bancorp. has recorded 447,748 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Now-Thriving SoCal Cleaning Service Grew in Part Thanks to Special Financing.

Stocks Info

U.S. Bancorp. is listed on the NYSE in the Financial sector while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $37.64 and fluctuated between $37.79 as its day high and $37.36 as its day low. The current market capitalization of U.S. Bancorp. is $58.61B. A total of 8.83 million shares were traded on the day, compared to an average of 12.00M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, USB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 31 BUYs and 41 SELLs from insiders. Insiders purchased 1,030,500 shares during that period but sold 392,870.

In the most recent transaction, Welsh Timothy A sold 13,816 shares of USB for 39.79 per share on Aug 10. After the transaction, the Vice Chair now owns 119,058 company shares. In a previous transaction on Aug 08, DOLAN TERRANCE R sold 26,000 shares at 39.75 per share. USB shares that Vice Chair & CFO owns now total 166,992.

Among the insiders who bought shares, Kelligrew James B acquired of 97 shares on Jul 06 at a per-share price of $16.01. This resulted in the Vice Chair holding 575 shares of USB after the transaction. In another insider transaction, Kelligrew James B bought 80 shares at $16.26 per share on Jul 06. Company shares held by the Vice Chair now total 521.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. U.S. Bancorp. pays an annual dividend of $1.92, resulting in a dividend yield of 5.11%, and it has a price to earnings (P/E) ratio of 11.22. USB’s most recent ex-dividend date was 9/28/2023 when it declared a $0.48 quarterly dividend that was paid in cash on 10/16/2023. Previously, the company paid the dividend on 7/17/2023 with an ex-dividend date of 6/29/2023. The USB stock dividend was $0.48 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for USB in the last 3 months, the mean price target is $40.33 with high estimates of $63.00 and low estimates of $31.00. In terms of 52-week highs and lows, USB has a high of $49.95 and a low of $27.27.

As of this writing, USB has an earnings estimate of $0.98 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.03 per share and a lower estimate of $0.95.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $29.74, while its Total Shareholder’s Equity was $55.39B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for USB is Buy with a score of 4.05.

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