Wedbush Boosts Zions Bancorporation, National Association (NASDAQ:ZION) Price Target to $52.00

Zions Bancorporation, National Association (NASDAQ:ZION) had its target price lifted by Wedbush from $46.00 to $52.00 in a research note released on Tuesday, Benzinga reports. They currently have a neutral rating on the bank’s stock. Wedbush also issued estimates for Zions Bancorporation, National Association’s Q2 2025 earnings at $1.12 EPS, Q3 2025 earnings at $1.23 EPS, Q4 2025 earnings at $1.26 EPS and FY2025 earnings at $4.60 EPS.

A number of other research analysts also recently commented on ZION. Stephens increased their price target on Zions Bancorporation, National Association from $48.00 to $51.00 and gave the company an equal weight rating in a report on Tuesday. Truist Financial restated a hold rating and set a $46.00 price objective on shares of Zions Bancorporation, National Association in a research note on Monday, April 1st. JPMorgan Chase & Co. lifted their price objective on shares of Zions Bancorporation, National Association from $49.50 to $52.00 and gave the stock a neutral rating in a report on Thursday, April 4th. The Goldman Sachs Group boosted their price objective on shares of Zions Bancorporation, National Association from $47.00 to $54.00 and gave the company a neutral rating in a research report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft started coverage on Zions Bancorporation, National Association in a report on Wednesday, April 10th. They issued a hold rating and a $47.00 price target on the stock. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Hold and a consensus target price of $48.06.

Zions Bancorporation, National Association Stock Up 1.6 %

Shares of NASDAQ ZION opened at $51.80 on Tuesday. The stock has a fifty day moving average price of $44.04 and a 200 day moving average price of $42.41. The company has a market cap of $7.65 billion, a P/E ratio of 13.02, a P/E/G ratio of 5.36 and a beta 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 current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.01.

Zions Bancorporation, National Association (NASDAQ:ZION) last issued its quarterly earnings data on Monday, July 22nd. The bank reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.18. The company had revenue of $776.00 million during the quarter, compared to the consensus estimate of $761.61 million. Zions Bancorporation, National Association had a net margin of 13.53% and a return on equity of 14.13%. Zions Bancorporation, National Association’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the company earned $1.11 earnings per share. Research analysts anticipate that Zions Bancorporation, National Association will post 4.36 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Rebecca K. Robinson sold 5,291 shares of Zions Bancorporation, National Association stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $43.66, for a total transaction of $231,005.06. Following the transaction, the executive vice president now directly owns 22,238 shares of the company’s stock, valued at $970,911.08. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Alan M. Forney sold 1,500 shares of the stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $43.68, for a total value of $65,520.00. Following the completion of the transaction, the chief executive officer now owns 22,181 shares in the company, valued at approximately $968,866.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Rebecca K. Robinson sold 5,291 shares of the company’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $43.66, for a total transaction of $231,005.06. Following the sale, the executive vice president now directly owns 22,238 shares of the company’s stock, valued at $970,911.08. The disclosure for this sale can be found here. Insiders sold 7,296 shares of company stock worth $319,192 over the last ninety days. Company insiders own 2.22% of the company’s stock.

Hedge Funds Weigh In On Zions Bancorporation, National Association

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in shares of Zions Bancorporation, National Association by 22.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,016,407 shares of the bank’s stock valued at $220,077,000 after buying an additional 927,899 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Zions Bancorporation, National Association by 0.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,746,184 shares of the bank’s stock worth $164,345,000 after acquiring an additional 27,934 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its stake in Zions Bancorporation, National Association by 119.8% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 2,311,291 shares of the bank’s stock valued at $101,396,000 after purchasing an additional 1,259,571 shares in the last quarter. Fiduciary Management Inc. WI raised its stake in shares of Zions Bancorporation, National Association by 4.0% during the 4th quarter. Fiduciary Management Inc. WI now owns 2,247,805 shares of the bank’s stock worth $98,611,000 after purchasing an additional 86,165 shares in the last quarter. Finally, Norges Bank acquired a new position in Zions Bancorporation, National Association in the fourth quarter worth approximately $67,694,000. Institutional investors and hedge funds own 76.84% of the company’s stock.

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.