In the past five years, US Bancorp has reported a revenue CAGR of 3%.
However, analysts are of split opinions about this stock, given the lackluster performance over the past 2 years. The stock is down 6% in the past 52 weeks as well as on a year-to-date basis. On an average, the stock has a HOLD rating and a price target of $59.78, an upside of 18% from Monday’s trading price of $50.62.
Meanwhile, in a more bullish report, analyst firm Oppenheimer had last month raised the annual earnings target for U.S. Bancorp from the prior estimate of $4.05 to $4.11. This report is expected to work in favor of the stock ahead of Wednesday’s earnings announcement.
U.S. Bancorp doubles as a decent dividend stock, with the company recently raising its quarterly dividend to $0.37 from $0.30. The Minneapolis, Minnesota-based bank has a dividend yield of 2.92%, higher than Bank of America (BAC), Citigroup (C) and Goldman Sachs (GS).