Q1 Earnings Forecast for ZION Issued By DA Davidson

Zions Bancorporation, National Association (NASDAQ:ZIONFree Report) – DA Davidson issued their Q1 2025 EPS estimates for shares of Zions Bancorporation, National Association in a report issued on Wednesday, January 22nd. DA Davidson analyst P. Winter expects that the bank will post earnings of $1.19 per share for the quarter. DA Davidson currently has a “Buy” rating and a $69.00 target price 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:ZIONGet Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.08. Zions Bancorporation, National Association had a return on equity of 13.90% and a net margin of 15.70%. The firm had revenue of $820.00 million during the quarter, compared to analysts’ expectations of $787,704.90 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis.

Several other research firms also recently commented on ZION. Compass Point boosted their target price on shares of Zions Bancorporation, National Association from $54.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Wells Fargo & Company upped their target price on shares of Zions Bancorporation, National Association from $54.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Friday, November 15th. Truist Financial boosted their price objective on shares of Zions Bancorporation, National Association from $52.00 to $57.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. Royal Bank of Canada increased their price objective on Zions Bancorporation, National Association from $61.00 to $63.00 and gave the company a “sector perform” rating in a report on Wednesday. Finally, 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. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Zions Bancorporation, National Association presently has a consensus rating of “Hold” and an average target price of $60.71.

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Zions Bancorporation, National Association Stock Performance

NASDAQ:ZION opened at $58.02 on Thursday. Zions Bancorporation, National Association has a 52-week low of $37.76 and a 52-week high of $63.22. The firm has a market capitalization of $8.57 billion, a PE ratio of 11.72, a P/E/G ratio of 3.16 and a beta of 1.12. The stock has a 50-day simple moving average of $57.17 and a two-hundred day simple moving average of $51.96. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 0.81.

Institutional Trading of Zions Bancorporation, National Association

Several large investors have recently modified their holdings of ZION. EMC Capital Management increased its holdings in Zions Bancorporation, National Association by 333.6% during the 4th quarter. EMC Capital Management now owns 10,250 shares of the bank’s stock worth $556,000 after purchasing an additional 7,886 shares during the last quarter. Nilsine Partners LLC bought a new stake in shares of Zions Bancorporation, National Association in the fourth quarter worth $239,000. Pacer Advisors Inc. raised its holdings in Zions Bancorporation, National Association by 2.0% in the fourth quarter. Pacer Advisors Inc. now owns 22,021 shares of the bank’s stock valued at $1,195,000 after acquiring an additional 423 shares in the last quarter. KBC Group NV boosted its stake in Zions Bancorporation, National Association by 44.1% during the 4th quarter. KBC Group NV now owns 6,420 shares of the bank’s stock valued at $348,000 after acquiring an additional 1,965 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in Zions Bancorporation, National Association by 42.0% during the 4th quarter. Blue Trust Inc. now owns 12,727 shares of the bank’s stock worth $690,000 after acquiring an additional 3,765 shares in the last quarter. 76.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Paul E. Burdiss sold 9,506 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $61.06, for a total transaction of $580,436.36. Following the completion of the sale, the executive vice president now owns 86,232 shares of the company’s stock, valued at approximately $5,265,325.92. This represents a 9.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Eric Ellingsen sold 1,238 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $60.84, for a total transaction of $75,319.92. Following the completion of the sale, the vice president now directly owns 35,878 shares of the company’s stock, valued at $2,182,817.52. The trade was a 3.34 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 18,881 shares of company stock valued at $1,108,184. Insiders own 2.22% of the company’s stock.

Zions Bancorporation, National Association Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 14th were issued a dividend of $0.43 per share. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.41. This represents a $1.72 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend was Thursday, November 14th. Zions Bancorporation, National Association’s dividend payout ratio is presently 34.75%.

About Zions Bancorporation, National Association

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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.

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Earnings History and Estimates for Zions Bancorporation, National Association (NASDAQ:ZION)

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