Equities Analysts Offer Predictions for ZION Q4 Earnings

Zions Bancorporation, National Association (NASDAQ:ZION) – Research analysts at Wedbush boosted their Q4 2024 earnings per share (EPS) estimates for shares of Zions Bancorporation, National Association in a research report issued on Tuesday, October 22nd. Wedbush analyst D. Chiaverini now forecasts that the bank will earn $1.14 per share for the quarter, up from their prior forecast of $1.09. Wedbush currently has a “Neutral” rating and a $55.00 price objective on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.53 per share. Wedbush also issued estimates for Zions Bancorporation, National Association’s Q4 2025 earnings at $1.19 EPS and FY2026 earnings at $4.70 EPS.

Zions Bancorporation, National Association (NASDAQ:ZION) last posted its quarterly earnings results on Monday, October 21st. The bank reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.21. The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $781.63 million. Zions Bancorporation, National Association had a return on equity of 13.85% and a net margin of 13.53%. During the same quarter in the previous year, the business earned $1.13 earnings per share.

ZION has been the subject of a number of other reports. Barclays raised their price target on shares of Zions Bancorporation, National Association from $47.00 to $52.00 and gave the company an “underweight” rating in a report on Tuesday. Robert W. Baird raised their price objective on Zions Bancorporation, National Association from $52.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday. JPMorgan Chase & Co. cut their target price on Zions Bancorporation, National Association from $58.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Royal Bank of Canada lifted their target price on Zions Bancorporation, National Association from $55.00 to $57.00 and gave the company a “sector perform” rating in a research note on Tuesday. Finally, Compass Point increased their price target on Zions Bancorporation, National Association from $49.00 to $54.00 and gave the stock a “neutral” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, Zions Bancorporation, National Association has an average rating of “Hold” and an average target price of $52.82.

Zions Bancorporation, National Association Stock Down 1.2 %

Shares of NASDAQ ZION opened at $51.89 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.11. Zions Bancorporation, National Association has a 12-month low of $28.90 and a 12-month high of $53.32. The company has a market cap of $7.66 billion, a P/E ratio of 13.04, a P/E/G ratio of 1.91 and a beta of 1.09. The stock has a fifty day moving average price of $47.72 and a 200 day moving average price of $45.33.

Institutional Investors Weigh In On Zions Bancorporation, National Association

Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in Zions Bancorporation, National Association by 17.5% in the second quarter. Dimensional Fund Advisors LP now owns 6,248,836 shares of the bank’s stock valued at $271,003,000 after acquiring an additional 929,251 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in Zions Bancorporation, National Association by 1.0% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 2,146,411 shares of the bank’s stock worth $93,089,000 after purchasing an additional 22,123 shares in the last quarter. Bank of New York Mellon Corp increased its position in Zions Bancorporation, National Association by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 1,724,325 shares of the bank’s stock worth $74,784,000 after buying an additional 5,609 shares during the last quarter. Wedge Capital Management L L P NC raised its holdings in Zions Bancorporation, National Association by 9.7% during the second quarter. Wedge Capital Management L L P NC now owns 1,019,182 shares of the bank’s stock valued at $44,202,000 after buying an additional 90,234 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Zions Bancorporation, National Association by 75.0% in the second quarter. AQR Capital Management LLC now owns 1,011,900 shares of the bank’s stock worth $43,294,000 after buying an additional 433,513 shares during the last quarter. Institutional investors own 76.84% of the company’s stock.

Insider Activity at Zions Bancorporation, National Association

In other Zions Bancorporation, National Association news, VP Bruce K. Alexander sold 5,156 shares of Zions Bancorporation, National Association stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $51.83, for a total transaction of $267,235.48. Following the transaction, the vice president now owns 17,857 shares of the company’s stock, valued at $925,528.31. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, VP Bruce K. Alexander sold 5,156 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $51.83, for a total transaction of $267,235.48. Following the transaction, the vice president now directly owns 17,857 shares in the company, valued at $925,528.31. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Terry Alan Shirey sold 1,917 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $51.78, for a total value of $99,262.26. Following the sale, the executive vice president now owns 24,640 shares of the company’s stock, valued at approximately $1,275,859.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.22% of the stock is owned by insiders.

Zions Bancorporation, National Association Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date was Thursday, August 15th. Zions Bancorporation, National Association’s dividend payout ratio is 41.21%.

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.