Zions Bancorporation, National Association (ZION) Stock Price, News & Analysis

Company Overview

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. The company offers commercial and small business banking services to small- and medium-sized businesses, such as commercial, industrial, and owner-occupied lending and leasing; municipal and public finance services; depository account and cash management services; commercial and small business cards; merchant processing services; corporate trust services; and correspondent banking and international lending services. It also provides capital markets and investment banking services, including loan syndications, foreign exchange services, interest rate derivatives, fixed income securities underwriting, advisory and capital raising, commercial mortgage-backed security conduit lending, and power and project financing; and commercial real estate lending services consisting of term and construction/land development financing for commercial and residential purposes. In addition, the company offers retail banking services comprising residential mortgages, home equity lines of credit, personal lines of credit, installment consumer loans, depository account services, consumer cards, and personal trust services; and wealth management services consisting of investment management, fiduciary and estate, and advanced business succession and estate planning services. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is headquartered in Salt Lake City, Utah.

Key Stats

• Today's Range: $58.10 to $59.07
• 50-Day Range: $45.11 to $60.35
• 52-Week Range: $33.66 to $61.80
• Volume: 931,747 shs
• Average Volume: 1.34 million shs
• Market Capitalization: $8.66 billion
• P/E Ratio: 13.36
• Dividend Yield: 2.93%
• Price Target: $53.59
• Consensus Rating: Hold

Zions Bancorporation, National Association Stock Analysis - MarketRank™

Zions Bancorporation, National Association scored higher than 91% of companies evaluated by MarketBeat, and ranked 129th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Zions Bancorporation, National Association has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 16 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Zions Bancorporation, National Association has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.82%

Earnings Growth

Earnings for Zions Bancorporation, National Association are expected to grow by 0.82% in the coming year, from $4.85 to $4.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Zions Bancorporation, National Association is 13.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zions Bancorporation, National Association is 13.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.

Price to Earnings Growth Ratio

Zions Bancorporation, National Association has a PEG Ratio of 5.24. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Zions Bancorporation, National Association has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.94% of the float of Zions Bancorporation, National Association has been sold short.

Short Interest Ratio / Days to Cover

Zions Bancorporation, National Association has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Zions Bancorporation, National Association has recently decreased by 4.66%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Zions Bancorporation, National Association pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Zions Bancorporation, National Association has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of Zions Bancorporation, National Association is 39.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Zions Bancorporation, National Association will have a dividend payout ratio of 35.17% next year. This indicates that Zions Bancorporation, National Association will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.5 / 5
• Environmental Score: -0.52

Percentage of Shares Shorted

3.94% of the float of Zions Bancorporation, National Association has been sold short.

Short Interest Ratio / Days to Cover

Zions Bancorporation, National Association has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Zions Bancorporation, National Association has recently decreased by 4.66%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.85

News Sentiment

Zions Bancorporation, National Association has a news sentiment score of 0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Zions Bancorporation, National Association this week, compared to 7 articles on an average week.

Search Interest

Only 3 people have searched for ZION on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

MarketBeat Follows

7 people have added Zions Bancorporation, National Association to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Zions Bancorporation, National Association insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $519,048.00 in company stock.

Percentage Held by Insiders

Only 2.22% of the stock of Zions Bancorporation, National Association is held by insiders.

Percentage Held by Institutions

76.84% of the stock of Zions Bancorporation, National Association is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ZION Stock Analysis - Frequently Asked Questions

How have ZION shares performed this year?

Zions Bancorporation, National Association's stock was trading at $43.87 on January 1st, 2024. Since then, ZION stock has increased by 33.7% and is now trading at $58.66.
View the best growth stocks for 2024 here.

How were Zions Bancorporation, National Association's earnings last quarter?

Zions Bancorporation, National Association (NASDAQ:ZION) posted its quarterly earnings data on Monday, October, 21st. The bank reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.21. The bank earned $1.28 billion during the quarter, compared to analyst estimates of $781.63 million. Zions Bancorporation, National Association had a net margin of 14.09% and a trailing twelve-month return on equity of 13.89%.
Read the conference call transcript.

Does Zions Bancorporation, National Association have any subsidiaries?

The following companies are subsidiaries of Zions Bancorporation, National Association: Amegy Corporation, thinkXML, icomXpress, Vectra Banking, Amegy Holding Texas Inc., Exchange Services L.L.C., PPS Data LLC, and more.

Who are Zions Bancorporation, National Association's major shareholders?

Zions Bancorporation, National Association's top institutional shareholders include State Street Corp (4.77%), Charles Schwab Investment Management Inc. (3.17%), Vaughan Nelson Investment Management L.P. (1.82%) and Geode Capital Management LLC (1.79%). Insiders that own company stock include Harris H Simmons, James R Abbott, Scott J Mclean, Steven Dan Stephens, Eric Ellingsen, Thomas E Laursen, Jennifer Anne Smith, Terry Alan Shirey, Rebecca K Robinson, Alan M Forney, Scott A Law, Claire A Huang, Bruce K Alexander, Paul E Burdiss, Mark Richard Young, Jason D Arbuckle and A Scott Anderson.
View institutional ownership trends.

How do I buy shares of Zions Bancorporation, National Association?

Shares of ZION stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Zions Bancorporation, National Association own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Zions Bancorporation, National Association investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), The RMR Group (RMR) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/21/2024
• Ex-Dividend for 11/21 Dividend: 11/14/2024
• Today: 11/21/2024
• Dividend Payable: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:ZION
• CUSIP: 98970110
• CIK: 109380
• Web: www.zionsbancorporation.com
• Phone: (801) 844-7637
• Fax: 801-524-2129
• Employees: 9,679
• Year Founded: 1873

Price Target and Rating

• Average Stock Price Target: $54.63
• High Stock Price Target: $62.00
• Low Stock Price Target: $45.00
• Potential Upside/Downside: -6.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 18 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.39
• Trailing P/E Ratio: 13.36
• Forward P/E Ratio: 12.09
• P/E Growth: 5.24
• Net Income: $680 million
• Net Margins: 14.09%
• Pretax Margin: 18.11%
• Return on Equity: 13.89%
• Return on Assets: 0.88%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $4.62 billion
• Price / Sales: 1.87
• Cash Flow: $5.99 per share
• Price / Cash Flow: 9.79
• Book Value: $40.25 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 147,710,000
• Free Float: 144,432,000
• Market Cap: $8.66 billion
• Optionable: Optionable
• Beta: 1.07