Q1 Earnings Estimate for ZION Issued By DA Davidson

Zions Bancorporation, National Association (NASDAQ:ZION) – DA Davidson issued their Q1 2025 EPS estimates for shares of Zions Bancorporation, National Association in a report released on Wednesday, January 22nd. DA Davidson analyst P. Winter forecasts that the bank will post earnings per share of $1.19 for the quarter. DA Davidson has a “Buy” rating and a $69.00 price objective on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.94 per share.

Several other analysts have also recently weighed in on the stock. Keefe, Bruyette & Woods raised their target price on shares of Zions Bancorporation, National Association from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday. Robert W. Baird increased their price objective 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. Wedbush raised their price objective on shares of Zions Bancorporation, National Association from $52.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. JPMorgan Chase & Co. lowered their target price on shares of Zions Bancorporation, National Association from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, Barclays raised their price target on Zions Bancorporation, National Association from $59.00 to $61.00 and gave the company an “underweight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Zions Bancorporation, National Association has a consensus rating of “Hold” and a consensus price target of $60.71.

Zions Bancorporation, National Association Stock Performance

Shares of ZION opened at $58.09 on Thursday. Zions Bancorporation, National Association has a 1 year low of $37.76 and a 1 year high of $63.22. The stock has a market capitalization of $8.58 billion, a PE ratio of 11.74, a PEG ratio of 3.16 and a beta of 1.12. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a 50-day simple moving average of $57.21 and a 200-day simple moving average of $51.92.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.08. Zions Bancorporation, National Association had a return on equity of 13.90% and a net margin of 15.70%. The firm had revenue of $820.00 million during the quarter, compared to analyst estimates of $787,704.90 billion. During the same period last year, the business posted $0.78 earnings per share. Zions Bancorporation, National Association’s revenue was up 12.2% compared to the same quarter last year.

Hedge Funds Weigh In On Zions Bancorporation, National Association

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZION. Virtu Financial LLC purchased a new stake in shares of Zions Bancorporation, National Association in the third quarter valued at approximately $583,000. Cornercap Investment Counsel Inc. acquired a new stake in Zions Bancorporation, National Association in the third quarter valued at $510,000. Sequoia Financial Advisors LLC boosted its position in shares of Zions Bancorporation, National Association by 1.9% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 27,569 shares of the bank’s stock worth $1,302,000 after purchasing an additional 506 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Zions Bancorporation, National Association by 75.0% during the 2nd quarter. AQR Capital Management LLC now owns 1,011,900 shares of the bank’s stock worth $43,294,000 after purchasing an additional 433,513 shares during the period. Finally, State Street Corp increased its holdings in shares of Zions Bancorporation, National Association by 14.6% in the 3rd quarter. State Street Corp now owns 7,041,818 shares of the bank’s stock valued at $332,515,000 after purchasing an additional 896,889 shares in the last quarter. Institutional investors and hedge funds own 76.84% of the company’s stock.

Insider Activity

In other Zions Bancorporation, National Association news, EVP Paul E. Burdiss sold 9,506 shares of the stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $61.06, for a total transaction of $580,436.36. Following the completion of the sale, the executive vice president now directly owns 86,232 shares of the company’s stock, valued at approximately $5,265,325.92. This trade represents a 9.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jennifer Anne Smith sold 4,385 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $53.46, for a total value of $234,422.10. Following the completion of the transaction, the executive vice president now directly owns 24,714 shares in the company, valued at approximately $1,321,210.44. The trade was a 15.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,881 shares of company stock valued at $1,108,184 in the last ninety days. 2.22% of the stock is currently owned by company insiders.

Zions Bancorporation, National Association Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.96%. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is 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.