Zacks Research Issues Pessimistic Outlook for ZION Earnings

Zions Bancorporation, National Association (NASDAQ:ZION) – Stock analysts at Zacks Research reduced their Q2 2026 EPS estimates for Zions Bancorporation, National Association in a research note issued on Wednesday, April 9th. Zacks Research analyst R. Department now forecasts that the bank will earn $1.32 per share for the quarter, down from their prior forecast of $1.34. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $5.39 per share. Zacks Research also issued estimates for Zions Bancorporation, National Association’s FY2026 earnings at $5.40 EPS.

Zions Bancorporation, National Association (NASDAQ:ZION) last issued its earnings results on Tuesday, January 21st. The bank reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.08. The firm had revenue of $820.00 million during the quarter, compared to the consensus estimate of $787.70 million. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.78 earnings per share.

ZION has been the subject of several other research reports. Barclays upped their price target on shares of Zions Bancorporation, National Association from $59.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. dropped their price target on Zions Bancorporation, National Association from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Royal Bank of Canada lifted their target price on Zions Bancorporation, National Association from $61.00 to $63.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 22nd. Keefe, Bruyette & Woods increased their price target on Zions Bancorporation, National Association from $65.00 to $70.00 and gave the stock a “market perform” rating in a report on Wednesday, January 22nd. Finally, Stephens restated an “equal weight” rating and set a $64.00 price objective on shares of Zions Bancorporation, National Association in a research report on Wednesday, March 5th. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $61.81.

Zions Bancorporation, National Association Price Performance

Shares of NASDAQ:ZION opened at $43.79 on Monday. The company’s fifty day moving average price is $49.95 and its 200 day moving average price is $53.46. The firm has a market capitalization of $6.46 billion, a P/E ratio of 8.85, a P/E/G ratio of 1.61 and a beta of 0.92. Zions Bancorporation, National Association has a 12 month low of $39.05 and a 12 month high of $63.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.80 and a quick ratio of 0.80.

Hedge Funds Weigh In On Zions Bancorporation, National Association

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ZION. Curat Global LLC acquired a new position in Zions Bancorporation, National Association during the 1st quarter worth about $25,000. EverSource Wealth Advisors LLC raised its position in Zions Bancorporation, National Association by 51.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 541 shares of the bank’s stock worth $29,000 after purchasing an additional 183 shares during the last quarter. Covestor Ltd lifted its holdings in Zions Bancorporation, National Association by 128.1% during the 4th quarter. Covestor Ltd now owns 853 shares of the bank’s stock worth $46,000 after buying an additional 479 shares in the last quarter. SRS Capital Advisors Inc. increased its stake in shares of Zions Bancorporation, National Association by 120.8% in the 4th quarter. SRS Capital Advisors Inc. now owns 901 shares of the bank’s stock valued at $49,000 after buying an additional 493 shares during the period. Finally, Princeton Global Asset Management LLC bought a new stake in shares of Zions Bancorporation, National Association during the first quarter worth $50,000. 76.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Zions Bancorporation, National Association news, EVP Jennifer Anne Smith sold 22,673 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $56.47, for a total value of $1,280,344.31. Following the sale, the executive vice president now directly owns 29,313 shares in the company, valued at $1,655,305.11. This trade represents a 43.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Steven Dan Stephens sold 10,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $55.71, for a total transaction of $557,100.00. Following the completion of the sale, the executive vice president now owns 45,847 shares of the company’s stock, valued at approximately $2,554,136.37. The trade was a 17.91 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,029 shares of company stock valued at $1,855,321. 2.22% of the stock is owned by insiders.

Zions Bancorporation, National Association announced that its board has approved a share repurchase plan on Monday, February 24th that authorizes the company to repurchase $40.00 million in shares. This repurchase authorization authorizes the bank to buy up to 0.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.

Zions Bancorporation, National Association Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 13th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date was Thursday, February 13th. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is 34.75%.

About Zions Bancorporation, National Association

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.