Recent Analysts’ Ratings Updates for Zions Bancorporation, National Association (ZION)

A number of research firms have changed their ratings and price targets for Zions Bancorporation, National Association (NASDAQ: ZION):

• 1/22/2025 – Zions Bancorporation, National Association had its price target raised by analysts at Barclays PLC from $59.00 to $61.00. They now have an “underweight” rating on the stock.
• 1/22/2025 – Zions Bancorporation, National Association had its price target raised by analysts at Royal Bank of Canada from $61.00 to $63.00. They now have a “sector perform” rating on the stock.
• 1/22/2025 – Zions Bancorporation, National Association had its price target raised by analysts at Keefe, Bruyette & Woods from $65.00 to $70.00. They now have a “market perform” rating on the stock.
• 1/22/2025 – Zions Bancorporation, National Association had its price target raised by analysts at Stephens from $62.00 to $64.00. They now have an “equal weight” rating on the stock.
• 1/22/2025 – Zions Bancorporation, National Association had its price target raised by analysts at DA Davidson from $66.00 to $69.00. They now have a “buy” rating on the stock.
• 1/7/2025 – Zions Bancorporation, National Association had its price target lowered by analysts at JPMorgan Chase & Co. from $65.00 to $62.00. They now have a “neutral” rating on the stock.
• 1/7/2025 – Zions Bancorporation, National Association was upgraded by analysts at The Goldman Sachs Group, Inc. from a “neutral” rating to a “buy” rating. They now have a $71.00 price target on the stock.
• 1/6/2025 – Zions Bancorporation, National Association had its price target raised by analysts at Barclays PLC from $52.00 to $59.00. They now have an “underweight” rating on the stock.
• 12/17/2024 – Zions Bancorporation, National Association is now covered by analysts at UBS Group AG. They set a “neutral” rating and a $64.00 price target on the stock.

Zions Bancorporation, National Association Trading Down 2.1 %

NASDAQ:ZION opened at $56.03 on Tuesday. The stock has a 50-day simple moving average of $56.57 and a 200-day simple moving average of $52.78. The stock has a market cap of $8.28 billion, a P/E ratio of 11.32, a P/E/G ratio of 1.74 and a beta of 1.11. Zions Bancorporation, National Association has a 1 year low of $38.01 and a 1 year high of $63.22. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.80 and a current ratio of 0.80.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its quarterly earnings data on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.08. The business had revenue of $820.00 million during the quarter, compared to analysts’ expectations of $787.70 million. Zions Bancorporation, National Association had a return on equity of 13.65% and a net margin of 15.70%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.78 EPS. As a group, analysts anticipate that Zions Bancorporation, National Association will post 5.26 earnings per share for the current fiscal year.

Zions Bancorporation, National Association Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 13th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, February 13th. Zions Bancorporation, National Association’s payout ratio is currently 34.75%.

Insider Activity

In other news, EVP Paul E. Burdiss sold 9,506 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $61.06, for a total value of $580,436.36. Following the completion of the sale, the executive vice president now directly owns 86,232 shares of the company’s stock, valued at approximately $5,265,325.92. The trade was a 9.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.22% of the company’s stock.

Institutional Trading of Zions Bancorporation, National Association

Several institutional investors and hedge funds have recently added to or reduced their stakes in ZION. CWM LLC raised its stake in Zions Bancorporation, National Association by 61.7% during the 3rd quarter. CWM LLC now owns 32,503 shares of the bank’s stock valued at $1,535,000 after acquiring an additional 12,399 shares during the last quarter. Ritholtz Wealth Management purchased a new stake in Zions Bancorporation, National Association during the 3rd quarter valued at approximately $238,000. Inspire Investing LLC raised its stake in Zions Bancorporation, National Association by 7.5% during the 3rd quarter. Inspire Investing LLC now owns 8,727 shares of the bank’s stock valued at $412,000 after acquiring an additional 610 shares during the last quarter. ORG Wealth Partners LLC purchased a new stake in Zions Bancorporation, National Association during the 3rd quarter valued at approximately $28,000. Finally, Blue Trust Inc. raised its stake in Zions Bancorporation, National Association by 106.0% during the 3rd quarter. Blue Trust Inc. now owns 8,962 shares of the bank’s stock valued at $389,000 after acquiring an additional 4,612 shares during the last quarter. 76.84% of the stock is owned by hedge funds and other institutional investors.

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.