Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $65.09 and traded as high as $67.13. Zions Bancorporation, N.A. shares last traded at $66.25, with a volume of 1,770,351 shares changing hands.
Key Headlines Impacting Zions Bancorporation, N.A.
Here are a few of the latest headlines about ZION:
- Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $6.75 from $6.51 and FY2027 to $6.64 from $6.54, while lifting several quarterly forecasts. These revisions point to improved profit expectations overall. Zions Bancorporation research and estimates
- Positive Sentiment: A Zacks article characterized ZION as a potential long-term growth stock, which may reinforce an optimistic view, though the article primarily discusses the firm’s stock-ranking methodology. Zacks growth-stock article
- Negative Sentiment: Not all estimate revisions were positive: Zacks Research trimmed its Q1 2027 EPS forecast slightly and cut its Q3 2028 estimate to $1.76 from $1.82, partially offsetting the broader upward revisions.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on ZION shares. Wells Fargo & Company raised their price objective on shares of Zions Bancorporation, N.A. from $66.00 to $73.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. UBS Group initiated coverage on Zions Bancorporation, N.A. in a research report on Monday, September 14th. They issued a “buy” rating and a $78.00 target price on the stock. Wall Street Zen lowered Zions Bancorporation, N.A. from a “buy” rating to a “hold” rating in a research note on Saturday. Stephens increased their target price on Zions Bancorporation, N.A. from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Monday, October 26th. Finally, DA Davidson lifted their price target on Zions Bancorporation, N.A. from $79.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, October 20th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Zions Bancorporation, N.A. has an average rating of “Hold” and an average price target of $73.44.
Get Our Latest Stock Report on Zions Bancorporation, N.A.
Zions Bancorporation, N.A. Trading Up 0.3%
The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 8.16, a P/E/G ratio of 1.10 and a beta of 0.85. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.86 and a quick ratio of 0.86. The firm’s 50-day simple moving average is $65.09 and its 200 day simple moving average is $64.05.
Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last issued its earnings results on Monday, October 19th. The bank reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.14. Zions Bancorporation, N.A. had a return on equity of 13.77% and a net margin of 24.81%. The firm had revenue of $887.00 million for the quarter, compared to the consensus estimate of $889.52 million. During the same quarter last year, the business posted $1.48 EPS. Equities analysts expect that Zions Bancorporation, N.A. will post 6.73 earnings per share for the current year.
Zions Bancorporation, N.A. Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 annualized dividend and a yield of 2.9%. Zions Bancorporation, N.A.’s dividend payout ratio (DPR) is 23.56%.
Zions Bancorporation, N.A. announced that its board has authorized a stock repurchase plan on Thursday, July 30th that allows the company to buy back $75 million in shares. This repurchase authorization allows the bank to purchase up to 0.7% of its shares through open market purchases. Share repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
Insider Transactions at Zions Bancorporation, N.A.
In other Zions Bancorporation, N.A. news, EVP Christopher Kyriakakis sold 2,703 shares of Zions Bancorporation, N.A. stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $67.05, for a total value of $181,236.15. Following the transaction, the executive vice president owned 36,700 shares in the company, valued at $2,460,735. The trade was a 6.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.43% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of Zions Bancorporation, N.A. during the 2nd quarter valued at approximately $982,244,000. Bank of New York Mellon Corp bought a new position in Zions Bancorporation, N.A. in the 2nd quarter valued at approximately $87,961,000. Deutsche Bank AG bought a new position in Zions Bancorporation, N.A. in the 2nd quarter valued at approximately $71,767,000. The Manufacturers Life Insurance Company bought a new position in Zions Bancorporation, N.A. in the 2nd quarter valued at approximately $54,688,000. Finally, Azora Capital LP acquired a new stake in Zions Bancorporation, N.A. in the second quarter valued at approximately $52,233,000. Institutional investors own 76.84% of the company’s stock.
Zions Bancorporation, N.A. Company Profile
Zions Bancorporation, N.A. is a national bank providing commercial and retail banking services to individuals, businesses, and institutions. Its offerings include business and consumer lending, deposit accounts, treasury management, and related banking services. The bank serves customers across 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through regional banking brands, including Zions Bank, Amegy Bank, California Bank & Trust, and National Bank of Arizona.
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