Zacks Research Analysts Lower Earnings Estimates for ZION

Zions Bancorporation, National Association (NASDAQ:ZION - Free Report) - Stock analysts at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for Zions Bancorporation, National Association in a report issued on Wednesday, April 9th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $1.32 per share for the quarter, down from their prior estimate 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 - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.08. The company had revenue of $820.00 million during the quarter, compared to analyst estimates of $787.70 million. Zions Bancorporation, National Association had a return on equity of 13.65% and a net margin of 15.70%. The firm's quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.78 EPS.

A number of other research firms also recently commented on ZION. DA Davidson boosted their price target on shares of Zions Bancorporation, National Association from $66.00 to $69.00 and gave the stock a "buy" rating in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods boosted their target price 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. Royal Bank of Canada increased their price target 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. JPMorgan Chase & Co. lowered 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. Finally, Morgan Stanley cut their price objective on Zions Bancorporation, National Association from $71.00 to $64.00 and set an "equal weight" rating for the company in a report on Thursday, March 13th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $61.81.

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Zions Bancorporation, National Association Price Performance

ZION stock traded down $0.43 during trading on Monday, hitting $43.36. The company had a trading volume of 977,992 shares, compared to its average volume of 1,585,626. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 8.76, a P/E/G ratio of 1.61 and a beta of 0.92. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.16. The business has a 50 day moving average of $49.95 and a 200 day moving average of $53.46. Zions Bancorporation, National Association has a fifty-two week low of $39.05 and a fifty-two week high of $63.22.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its position in shares of Zions Bancorporation, National Association by 51.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 541 shares of the bank's stock valued at $29,000 after buying an additional 183 shares during the last quarter. CIBC Asset Management Inc raised its stake in Zions Bancorporation, National Association by 5.2% in the 4th quarter. CIBC Asset Management Inc now owns 4,511 shares of the bank's stock valued at $245,000 after acquiring an additional 224 shares during the period. Contravisory Investment Management Inc. lifted its holdings in Zions Bancorporation, National Association by 1.5% during the 4th quarter. Contravisory Investment Management Inc. now owns 17,263 shares of the bank's stock valued at $937,000 after purchasing an additional 249 shares during the last quarter. Jackson Creek Investment Advisors LLC boosted its position in Zions Bancorporation, National Association by 3.3% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 9,027 shares of the bank's stock worth $490,000 after purchasing an additional 285 shares during the period. Finally, Blair William & Co. IL increased its holdings in shares of Zions Bancorporation, National Association by 4.7% in the fourth quarter. Blair William & Co. IL now owns 6,713 shares of the bank's stock valued at $364,000 after purchasing an additional 303 shares during the last quarter. Institutional investors and hedge funds own 76.84% of the company's stock.

Insider Activity

In other news, EVP Steven Dan Stephens sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $55.71, for a total value of $557,100.00. Following the transaction, the executive vice president now owns 45,847 shares in the company, valued at $2,554,136.37. This represents a 17.91 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 approximately $1,655,305.11. This represents a 43.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,029 shares of company stock worth $1,855,321 over the last quarter. Corporate insiders own 2.22% of the company's stock.

Zions Bancorporation, National Association Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 13th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 3.97%. The ex-dividend date was Thursday, February 13th. Zions Bancorporation, National Association's dividend payout ratio (DPR) is currently 34.75%.

Zions Bancorporation, National Association announced that its board has initiated a share repurchase program on Monday, February 24th that authorizes the company to buyback $40.00 million in shares. This buyback authorization authorizes the bank to reacquire up to 0.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

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.