Zacks Research Has Bullish Forecast for ZION Q1 Earnings

Zions Bancorporation, National Association (NASDAQ:ZION - Free Report) - Research analysts at Zacks Research boosted their Q1 2025 EPS estimates for Zions Bancorporation, National Association in a research report issued on Tuesday, February 11th. Zacks Research analyst R. Department now expects that the bank will earn $1.13 per share for the quarter, up from their previous estimate of $1.03. The consensus estimate for Zions Bancorporation, National Association's current full-year earnings is $5.26 per share. Zacks Research also issued estimates for Zions Bancorporation, National Association's Q2 2025 earnings at $1.23 EPS, Q3 2025 earnings at $1.32 EPS, FY2025 earnings at $4.97 EPS, Q3 2026 earnings at $1.35 EPS, FY2026 earnings at $5.25 EPS and FY2027 earnings at $5.50 EPS.

Several other equities analysts have also recently issued reports on ZION. Morgan Stanley raised their price target on Zions Bancorporation, National Association from $54.00 to $56.00 and gave the company an "equal weight" rating in a report on Tuesday, October 22nd. Truist Financial upped their price target on Zions Bancorporation, National Association from $52.00 to $57.00 and gave the company a "hold" rating in a research note on Wednesday, October 23rd. Barclays boosted their price objective on shares of Zions Bancorporation, National Association from $59.00 to $61.00 and gave the company an "underweight" rating in a report on Wednesday, January 22nd. UBS Group started coverage on shares of Zions Bancorporation, National Association in a report on Tuesday, December 17th. They issued a "neutral" rating and a $64.00 target price on the stock. Finally, Robert W. Baird boosted their price target 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. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Zions Bancorporation, National Association currently has an average rating of "Hold" and a consensus price target of $60.71.

Zions Bancorporation, National Association Trading Up 0.5 %

ZION stock traded up $0.29 during trading on Thursday, hitting $55.74. The company had a trading volume of 1,341,319 shares, compared to its average volume of 1,216,571. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 1.74 and a beta of 1.11. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average price of $56.30 and a 200-day moving average price of $52.89. Zions Bancorporation, National Association has a 12 month low of $38.01 and a 12 month high of $63.22.

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

Zions Bancorporation, National Association Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 13th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Thursday, February 13th. Zions Bancorporation, National Association's dividend payout ratio (DPR) is currently 34.75%.

Insiders Place Their Bets

In related news, EVP Paul E. Burdiss sold 9,506 shares of Zions Bancorporation, National Association stock in a transaction that occurred on Tuesday, November 26th. The shares were 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 of the company's stock, valued at $5,265,325.92. This trade represents a 9.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Steven Dan Stephens sold 10,000 shares of the company's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $55.71, for a total value of $557,100.00. Following the sale, the executive vice president now owns 45,847 shares of the company's stock, valued at $2,554,136.37. The trade was a 17.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,693 shares of company stock worth $1,148,477 in the last 90 days. Company insiders own 2.22% of the company's stock.

Hedge Funds Weigh In On Zions Bancorporation, National Association

Several hedge funds and other institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its stake in 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 in the last quarter. CIBC Asset Management Inc boosted its stake in shares of 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 purchasing an additional 224 shares in the last quarter. Contravisory Investment Management Inc. grew its holdings in shares of 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 increased its position in Zions Bancorporation, National Association by 3.3% during the 4th 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 in the last quarter. Finally, Blair William & Co. IL lifted its stake in Zions Bancorporation, National Association by 4.7% in the 4th 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 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.