Q4 Earnings Estimate for ZION Issued By DA Davidson

Zions Bancorporation, National Association (NASDAQ:ZION) – Research analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Zions Bancorporation, National Association in a research note issued on Wednesday, October 23rd. DA Davidson analyst P. Winter forecasts that the bank will earn $1.25 per share for the quarter. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.60 per share.

A number of other equities research analysts have also recently weighed in on ZION. Wells Fargo & Company increased their price target on Zions Bancorporation, National Association from $50.00 to $54.00 and gave the company an “equal weight” rating in a research note on Tuesday. Keefe, Bruyette & Woods increased their price target on Zions Bancorporation, National Association from $53.00 to $56.00 and gave the company a “market perform” rating in a research note on Tuesday. Wedbush increased their price target on Zions Bancorporation, National Association from $52.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday. The Goldman Sachs Group increased their price target on Zions Bancorporation, National Association from $52.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. dropped their price target on Zions Bancorporation, National Association from $58.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $52.82.

Zions Bancorporation, National Association Trading Down 1.6 %

NASDAQ ZION opened at $51.34 on Thursday. The company has a market cap of $7.58 billion, a PE ratio of 12.90, a PEG ratio of 1.93 and a beta of 1.09. The company has a current ratio of 0.78, a quick ratio of 0.84 and a debt-to-equity ratio of 0.09. Zions Bancorporation, National Association has a 12 month low of $28.98 and a 12 month high of $53.32. The stock has a 50 day moving average of $48.07 and a 200-day moving average of $45.48.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its quarterly earnings data on Monday, October 21st. The bank reported $1.37 EPS for the quarter, beating the consensus estimate of $1.16 by $0.21. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $781.63 million. Zions Bancorporation, National Association had a return on equity of 13.89% and a net margin of 14.09%. During the same quarter in the prior year, the firm posted $1.13 EPS.

Institutional Trading of Zions Bancorporation, National Association

A number of hedge funds have recently made changes to their positions in ZION. Fidelis Capital Partners LLC acquired a new position in shares of Zions Bancorporation, National Association in the first quarter worth approximately $27,000. ORG Wealth Partners LLC bought a new stake in Zions Bancorporation, National Association in the third quarter worth approximately $28,000. ORG Partners LLC bought a new stake in Zions Bancorporation, National Association in the second quarter worth approximately $33,000. International Assets Investment Management LLC bought a new stake in Zions Bancorporation, National Association in the second quarter worth approximately $34,000. Finally, Rothschild Investment LLC bought a new stake in shares of Zions Bancorporation, National Association during the second quarter valued at approximately $39,000. 76.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Zions Bancorporation, National Association

In related news, VP Bruce K. Alexander sold 5,156 shares of the firm’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $51.83, for a total value of $267,235.48. Following the sale, the vice president now directly owns 17,857 shares of the company’s stock, valued at $925,528.31. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.22% of the stock is currently owned by insiders.

Zions Bancorporation, National Association Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were paid a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend was Thursday, August 15th. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is presently 41.21%.

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.