What is DA Davidson's Forecast for ZION Q2 Earnings?

Zions Bancorporation, National Association (NASDAQ:ZION - Free Report) - Analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of Zions Bancorporation, National Association in a research report issued on Wednesday, April 23rd. DA Davidson analyst P. Winter forecasts that the bank will post earnings of $1.26 per share 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 $5.39 per share. DA Davidson also issued estimates for Zions Bancorporation, National Association's FY2025 earnings at $5.23 EPS and FY2026 earnings at $5.52 EPS.

Zions Bancorporation, National Association (NASDAQ:ZION - Get Free Report) last issued its earnings results on Monday, April 21st. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.04. The firm had revenue of $795.00 million during the quarter, compared to analysts' expectations of $792.49 million. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. During the same quarter last year, the company posted $0.96 earnings per share.

ZION has been the subject of several other reports. Stephens decreased their target price on shares of Zions Bancorporation, National Association from $54.00 to $52.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. Barclays raised their target price on 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. The Goldman Sachs Group raised Zions Bancorporation, National Association from a "neutral" rating to a "buy" rating and set a $71.00 price objective on the stock in a report on Tuesday, January 7th. Robert W. Baird decreased their target price on Zions Bancorporation, National Association from $58.00 to $55.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company cut their price target on shares of Zions Bancorporation, National Association from $58.00 to $47.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Zions Bancorporation, National Association currently has an average rating of "Hold" and an average target price of $58.76.

Zions Bancorporation, National Association Stock Performance

Zions Bancorporation, National Association stock traded up $0.37 during midday trading on Thursday, hitting $45.31. 483,052 shares of the company were exchanged, compared to its average volume of 1,568,832. Zions Bancorporation, National Association has a fifty-two week low of $39.32 and a fifty-two week high of $63.22. The firm has a market capitalization of $6.69 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 1.61 and a beta of 0.92. The business has a fifty day simple moving average of $47.79 and a two-hundred day simple moving average of $53.30. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.80 and a current ratio of 0.80.

Zions Bancorporation, National Association declared that its board has authorized a share buyback program on Monday, February 24th that authorizes the company to buyback $40.00 million in shares. This buyback authorization authorizes the bank to buy up to 0.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Zions Bancorporation, National Association Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 13th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.72 dividend on an annualized basis and a yield of 3.80%. Zions Bancorporation, National Association's payout ratio is 33.59%.

Insiders Place Their Bets

In other Zions Bancorporation, National Association news, EVP Steven Dan Stephens sold 10,000 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $55.71, for a total value of $557,100.00. Following the transaction, the executive vice president now directly owns 45,847 shares in the company, valued at $2,554,136.37. The trade was a 17.91 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Jennifer Anne Smith sold 22,673 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $56.47, for a total transaction of $1,280,344.31. Following the sale, the executive vice president now owns 29,313 shares of the company's stock, valued at $1,655,305.11. This represents a 43.61 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,029 shares of company stock valued at $1,855,321. Insiders own 2.22% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. MML Investors Services LLC purchased a new position in shares of Zions Bancorporation, National Association during the 3rd quarter worth $224,000. Virtu Financial LLC acquired a new position in Zions Bancorporation, National Association in the third quarter valued at about $583,000. Sanctuary Advisors LLC purchased a new position in Zions Bancorporation, National Association during the third quarter worth about $226,000. Franklin Resources Inc. increased its position in shares of Zions Bancorporation, National Association by 13.6% during the third quarter. Franklin Resources Inc. now owns 203,567 shares of the bank's stock valued at $10,195,000 after acquiring an additional 24,414 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Zions Bancorporation, National Association by 4.4% in the 4th quarter. GAMMA Investing LLC now owns 9,514 shares of the bank's stock valued at $516,000 after acquiring an additional 403 shares during the period. 76.84% of the stock is currently owned by hedge funds and other institutional investors.

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.