Zions Bancorporation, National Association (NASDAQ:ZION – Free Report) – Investment analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Zions Bancorporation, National Association in a report issued on Wednesday, January 22nd. DA Davidson analyst P. Winter anticipates that the bank will earn $1.19 per share for the quarter. DA Davidson currently has a “Buy” rating and a $69.00 target price on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.96 per share.
Other equities analysts also recently issued reports about the company. Keefe, Bruyette & Woods raised their price objective on Zions Bancorporation, National Association from $65.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday. Wedbush lifted their price target on shares of Zions Bancorporation, National Association from $52.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. The Goldman Sachs Group upgraded shares of Zions Bancorporation, National Association from a “neutral” rating to a “buy” rating and set a $71.00 price objective for the company in a research note on Tuesday, January 7th. Stephens raised their target price on shares of Zions Bancorporation, National Association from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Barclays upped their price target on shares of Zions Bancorporation, National Association from $59.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $60.71.
Zions Bancorporation, National Association Price Performance
Shares of Zions Bancorporation, National Association stock opened at $58.64 on Thursday. The business’s fifty day moving average price is $57.16 and its 200 day moving average price is $52.07. Zions Bancorporation, National Association has a twelve month low of $37.76 and a twelve month high of $63.22. The company has a current ratio of 0.80, a quick ratio of 0.81 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $8.66 billion, a P/E ratio of 11.85, a PEG ratio of 3.10 and a beta of 1.12.
Zions Bancorporation, National Association (NASDAQ:ZION – Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.08. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. The company had revenue of $820.00 million for the quarter, compared to the consensus estimate of $787,704.90 billion. During the same quarter last year, the firm posted $0.78 earnings per share. Zions Bancorporation, National Association’s revenue was up 12.2% on a year-over-year basis.
Institutional Investors Weigh In On Zions Bancorporation, National Association
Several institutional investors and hedge funds have recently bought and sold shares of the business. ORG Wealth Partners LLC bought a new position in shares of Zions Bancorporation, National Association during the third quarter valued at approximately $28,000. Abich Financial Wealth Management LLC grew its stake in Zions Bancorporation, National Association by 26.4% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 1,417 shares of the bank’s stock worth $61,000 after buying an additional 296 shares during the last quarter. Venturi Wealth Management LLC increased its position in Zions Bancorporation, National Association by 209.1% in the third quarter. Venturi Wealth Management LLC now owns 2,470 shares of the bank’s stock worth $117,000 after buying an additional 1,671 shares during the period. Brooklyn Investment Group bought a new stake in Zions Bancorporation, National Association in the third quarter valued at $119,000. Finally, TD Private Client Wealth LLC boosted its holdings in shares of Zions Bancorporation, National Association by 15.2% during the third quarter. TD Private Client Wealth LLC now owns 2,837 shares of the bank’s stock valued at $134,000 after acquiring an additional 375 shares during the period. Institutional investors and hedge funds own 76.84% of the company’s stock.
Insider Activity
In related news, EVP Jennifer Anne Smith sold 4,385 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $53.46, for a total transaction of $234,422.10. Following the sale, the executive vice president now directly owns 24,714 shares of the company’s stock, valued at approximately $1,321,210.44. This represents a 15.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Paul E. Burdiss sold 9,506 shares of the firm’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $61.06, for a total value of $580,436.36. Following the transaction, the executive vice president now owns 86,232 shares in the company, valued at $5,265,325.92. This trade represents a 9.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,881 shares of company stock worth $1,108,184. 2.22% of the stock is currently owned by corporate insiders.
Zions Bancorporation, National Association Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a $0.43 dividend. The ex-dividend date was Thursday, November 14th. This represents a $1.72 annualized dividend and a dividend yield of 2.93%. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.41. Zions Bancorporation, National Association’s payout ratio is presently 34.75%.
Zions Bancorporation, National Association Company Profile
Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.
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