What is DA Davidson's Forecast for ZION Q1 Earnings?

Zions Bancorporation, National Association (NASDAQ:ZION - Free Report) - DA Davidson issued their Q1 2025 earnings per share estimates for shares of Zions Bancorporation, National Association in a research note issued to investors on Wednesday, January 22nd. DA Davidson analyst P. Winter expects that the bank will earn $1.19 per share for the quarter. DA Davidson has a "Buy" rating and a $69.00 price target on the stock. The consensus estimate for Zions Bancorporation, National Association's current full-year earnings is $4.94 per share.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.08. The business had revenue of $820.00 million during the quarter, compared to analyst estimates of $787,704.90 billion. Zions Bancorporation, National Association had a return on equity of 13.90% and a net margin of 15.70%. The business's revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.78 earnings per share.

A number of other equities research analysts have also issued reports on the company. Robert W. Baird upped their price target on 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. UBS Group began coverage on Zions Bancorporation, National Association in a research report on Tuesday, December 17th. They issued a "neutral" rating and a $64.00 price target for the company. Keefe, Bruyette & Woods increased their price objective on Zions Bancorporation, National Association from $65.00 to $70.00 and gave the stock a "market perform" rating in a research report on Wednesday. JPMorgan Chase & Co. lowered their price objective on Zions Bancorporation, National Association from $65.00 to $62.00 and set a "neutral" rating for the company in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company increased their price objective on Zions Bancorporation, National Association from $54.00 to $62.00 and gave the stock an "equal weight" rating in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $60.71.

Zions Bancorporation, National Association Price Performance

Shares of ZION stock traded down $0.07 during trading hours on Thursday, reaching $58.02. The company had a trading volume of 1,160,956 shares, compared to its average volume of 1,316,005. 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 fifty day moving average of $57.21 and a 200-day moving average of $51.92. The company has a market capitalization of $8.57 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 3.16 and a beta of 1.12. Zions Bancorporation, National Association has a 12-month low of $37.76 and a 12-month high of $63.22.

Zions Bancorporation, National Association Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 14th were paid a $0.43 dividend. The ex-dividend date was Thursday, November 14th. This is a boost from Zions Bancorporation, National Association's previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a yield of 2.96%. Zions Bancorporation, National Association's dividend payout ratio (DPR) is currently 34.75%.

Insider Buying and Selling at Zions Bancorporation, National Association

In related news, VP Eric Ellingsen sold 1,238 shares of the firm's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $60.84, for a total transaction of $75,319.92. Following the transaction, the vice president now owns 35,878 shares of the company's stock, valued at $2,182,817.52. This trade represents a 3.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paul E. Burdiss sold 9,506 shares of the firm's stock in a transaction dated 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 directly owns 86,232 shares in the company, valued at approximately $5,265,325.92. This represents a 9.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,881 shares of company stock worth $1,108,184 over the last ninety days. Corporate insiders own 2.22% of the company's stock.

Institutional Investors Weigh In On Zions Bancorporation, National Association

A number of hedge funds have recently added to or reduced their stakes in ZION. ORG Wealth Partners LLC acquired a new stake in Zions Bancorporation, National Association in the third quarter valued at about $28,000. Abich Financial Wealth Management LLC lifted its position in Zions Bancorporation, National Association by 26.4% in the second quarter. Abich Financial Wealth Management LLC now owns 1,417 shares of the bank's stock valued at $61,000 after purchasing an additional 296 shares during the period. Venturi Wealth Management LLC lifted its position in shares of Zions Bancorporation, National Association by 209.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,470 shares of the bank's stock valued at $117,000 after acquiring an additional 1,671 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Zions Bancorporation, National Association during the 3rd quarter valued at approximately $119,000. Finally, TD Private Client Wealth LLC lifted its position in shares of Zions Bancorporation, National Association by 15.2% during the 3rd 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.

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.