USB - U.S. Bancorp

NYSE - Nasdaq Real Time Price. Currency in USD
51.32
+0.15 (+0.29%)
As of 1:49PM EDT. Market open.
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Previous Close51.17
Open51.46
Bid51.29 x 2200
Ask51.30 x 1000
Day's Range51.19 - 51.52
52 Week Range43.14 - 55.56
Volume2,397,980
Avg. Volume5,834,177
Market Cap81.705B
Beta (3Y Monthly)1.28
PE Ratio (TTM)12.27
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.48 (2.78%)
Ex-Dividend Date2019-03-28
1y Target EstN/A
Trade prices are not sourced from all markets
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  • Berkshire Hathaway Stock Should Pay a Special Dividend
    InvestorPlace4 days ago

    Berkshire Hathaway Stock Should Pay a Special Dividend

    Warren Buffett is a fan of dividends. Just look at all the dividend stocks that fill Berkshire Hathaway's (NYSE:BRK.B),NYSE:BRK.A) portfolio. Many of his top holdings send plenty of cash flowing back into BRK.B's coffers, inflating them by billions of dollars each quarter. And for decades, BRK.B has been using those dollars to reinvest and drive the future returns of Berkshire Hathaway stock.Source: Shutterstock However, despite Buffett's love of stocks that pay dividends, Berkshire Hathaway stock doesn't pay one of its own, with Buffett preferring to use the money for other purposes. Over the years, that's been a fine approach. But these days, Buffett and BRK.B may want to rethink that stance. * 7 High-Yield REITs to Buy (Even When the Market Tanks) A huge cash pile, underperformance in recent years by Berkshire Hathaway stock and a lack of appealing elephant-sized takeover targets make the idea of paying a dividend- even a one-time special one- worthwhile for Berkshire Hathaway.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Growing Problem for Berkshire HathawayCalling BRK.B a cash-generating machine would be an understatement. By design, the organization is set up to produce copious amounts of cash flows from its underlying holdings. Its insurance companies pull in billions from their investments, while Buffett receives billions each quarter in dividends from BRK.B's massive stakes in companies like Coca-Cola (NYSE:KO) and U.S. Bancorp (NYSE:USB). And we can't forget about the dividends/distributions that Berkshire Hathaway's subsidiaries send back to their parent.Historically, Buffett has used this cash primarily to invest in its current businesses, buy new businesses and repurchase Berkshire Hatahaway stock when its shares are cheap enough.The problem is that BRK.B may be producing too much cash these days. At the end of 2018, BRK.B had about $112 billion in cash and equivalents on its balance sheet. That balance has only grown as more of its positions have paid their quarterly dividends into the firm's coffers.The issue is that Buffett and Berkshire are having trouble finding ways to spend that cash.With stocks surging over the last year or so, valuations aren't as cheap as Buffett would like. After all, he is a value investor. As a result, it's difficult for Berkshire to buy more shares of companies in which it already has stakes .Meanwhile, expensive valuations make buying companies outright an expensive proposition. Since Berkshire Hathaway is so big, it takes a large deal to really move the needle for Berkshire Hatahawau stock. Unfortunately, Buffett and the team at Berkshire Hathaway recently haven't found any major company that they like. It's been more than three years since BRK.B carried out a substantial buyout. So, its cash keeps piling up.That could explain Buffett's recent bout of underperformance.Over the long haul, Berkshire Hathaway stock has been a great investment. Since Buffett took over, Berkshire Hathaway has managed to produce a compound annual gain of 21% , versus a compound annual gain of just 9.7% for the S&P 500 during that time.However, the last decade hasn't been so kind for Buffett. BRK.B stock has risen by 259% over the last ten years. That's not bad at all. However, the S&P has returned a total of 314% during that time. This year alone ,the S&P 500 has risen more than twice as rapidly as Berkshire Hatahaway stock. Berkshire Hathaway Should Give It All AwayThere is a relatively easy solution to the problem for Berkshire: enact a dividend of its own. Buffett has notoriously been stubborn on this issue and has said that in 10 or 20 years, the company may decide to institute a dividend. BRK has only paid a dividend once, back in 1967. However, it might be a good idea for for Berkshire Hathaway stock to start paying one.For one thing, Buffett's argument that it's better to use the money for investments is only valid if he actually puts the cash to work. Handing some of the cash back to investors as a dividend would certainly remove some of the drag on the performance. of Berkshire Hathaway stock.And Buffett wouldn't have to get rid of all of the cash. If Berkshire Hathaway last year- after kicking out the issues with Kraft Heinz (NYSE:KHC) - put 42% of its profits into dividends, it would have spent about $20 billion on the payouts. In that scenario, Buffett would still have had plenty of cash to play with. In fact, about five years ago, Buffett had only about $42 billion in cash on Berkshire's balance sheet, and he was perfectly content and performed better.By paying a dividend, BRK.B would remove one of Buffett's main complaints about Berkshire Hathaway as well. That is, that Berkshire Hathaway stock constantly trades at a huge discount to book value. If Buffett was to pay an annual dividend or even a one-time large special payout and remove some of the excess cash, the owners of Berkshire Hathaway stock would receive an improved return on their investment. Most likely, they would enjoy higher share prices and higher net asset value. Here's Hoping Berkshire Hathaway Starts Paying UpBuffett is an amazing investor and has steered Berkshire Hathaway towards enviable returns that may have been too good. BRK just throws off too much cash these days. It's a great problem to have, but it is starting to significantly hinder the performance of BRK.B stock. Initiating a one-time, special dividend or annual payout would go a long way towards removing that excess cash from Berkshire's balance sheet, while improving the performance of BRK.B stock. At the time of writing, author Aaron Levitt did not hold a position in any of the stocks mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Berkshire Hathaway Stock Should Pay a Special Dividend appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: Walmart, American Tower, U.S. Bancorp, Humana and Royal Caribbean
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    The Zacks Analyst Blog Highlights: Walmart, American Tower, U.S. Bancorp, Humana and Royal Caribbean

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  • Top Research Daily Reports for Walmart, American Tower & U.S. Bancorp
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  • U.S. Bancorp (USB) Up 0.6% Since Last Earnings Report: Can It Continue?
    Zacks7 days ago

    U.S. Bancorp (USB) Up 0.6% Since Last Earnings Report: Can It Continue?

    U.S. Bancorp (USB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GuruFocus.com9 days ago

    Tweedy Browne CO LLC Buys US Bancorp, Sells AutoZone Inc, Union Pacific Corp

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  • Can We See Significant Institutional Ownership On The U.S. Bancorp (NYSE:USB) Share Register?
    Simply Wall St.9 days ago

    Can We See Significant Institutional Ownership On The U.S. Bancorp (NYSE:USB) Share Register?

    The big shareholder groups in U.S. Bancorp (NYSE:USB) have power over the company. Insiders often own a large chunk of...

  • Former Bay Area banker takes helm of trade group
    American City Business Journals11 days ago

    Former Bay Area banker takes helm of trade group

    The veteran banker will continue to live in the East Bay as he leads the Sacramento-based Western Bankers Association.

  • Jones Lang Lasalle Inc (JLL) Q1 2019 Earnings Call Transcript
    Motley Fool17 days ago

    Jones Lang Lasalle Inc (JLL) Q1 2019 Earnings Call Transcript

    JLL earnings call for the period ending March 31, 2019.

  • U.S. Bank laces up its red sneakers to evolve with customers
    American City Business Journals17 days ago

    U.S. Bank laces up its red sneakers to evolve with customers

    With customers valuing convenience and experience, Paul DiPaola and U.S. Bank believe the bank's modifications fall in line with their demands.

  • Markit17 days ago

    See what the IHS Markit Score report has to say about U.S. Bancorp.

    U.S. Bancorp NYSE:USBView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for USB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting USB. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $6.07 billion over the last one-month into ETFs that hold USB are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. USB credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • 5 Stocks That Billionaire Warren Buffett’s Berkshire Hathaway Added
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  • U.S. Bank regional exec shares more on retail expansion to Charlotte
    American City Business Journalslast month

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    Dee O’Dell is the Charlotte-based consumer and business banking regional executive for the eastern region. He shared more details on what's to come for U.S. Bank in the Charlotte market.

  • U.S. Bank to expand retail presence with first branch in Charlotte
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    It's the second bank to recently announce plans of adding a retail presence in the Charlotte market.

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  • Thomson Reuters StreetEventslast month

    Edited Transcript of USB earnings conference call or presentation 17-Apr-19 1:00pm GMT

    Q1 2019 U.S. Bancorp Earnings Call

  • Reuterslast month

    Banks ordered to disclose bondholder information to Puerto Rico board

    A judge on Thursday ordered banks to comply with a request from Puerto Rico's federally created financial oversight board to disclose customer information related to certain debt issued by the bankrupt U.S. commonwealth. The ruling boosts a potential effort by the board to recover billions of dollars in payments made to bondholders should a federal court hearing Puerto Rico's bankruptcy cases choose to invalidate disputed debt issued by the government and its agencies. U.S. Magistrate Judge Judith Gail Dein's order said "good cause exists" to grant the board's motion, which seeks to compel banks to submit bondholder names and addresses along with Puerto Rico debt payments the bondholders received between 2013 and 2017.

  • KeyCorp (KEY) Q1 Earnings Miss on Lower Revenues, Costs Dip
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  • US BANCORP (USB) Q1 2019 Earnings Call Transcript
    Motley Foollast month

    US BANCORP (USB) Q1 2019 Earnings Call Transcript

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  • U.S. Bancorp could close up to 450 branches systemwide
    American City Business Journalslast month

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    U.S. Bancorp projects it'll close 10 to 15 percent of its branches in the coming years as more of its customers use digital tools for transactions and rely on brick-and-mortar locations less.

  • U.S. Bancorp (USB) Q1 Earnings Meet Estimates, Revenues Up
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  • TheStreet.comlast month

    U.S. Bancorp Posts Earnings in Line With Analysts' Forecasts

    on Wednesday reported first-quarter earnings that matched analysts' expectations, though revenue came in slightly below forecasts. Strong growth in its loan portfolio coupled with solid returns on assets and equity helped drive the positive first-quarter results, U.S. Bancorp CEO Andy Cecere said in a statement.

  • Can These Factors Give You An Edge In U.S. Bancorp (NYSE:USB)?
    Simply Wall St.last month

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  • Investing.comlast month

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