Q1 Earnings Forecast for ZION Issued By DA Davidson

Zions Bancorporation, National Association (NASDAQ:ZION) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share estimates for Zions Bancorporation, National Association in a report released on Wednesday, January 22nd. DA Davidson analyst P. Winter forecasts 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:ZION) last announced its earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.08. The firm had revenue of $820.00 million during the quarter, compared to analyst estimates of $787,704.90 billion. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.90%. Zions Bancorporation, National Association’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 EPS.

Other analysts have also recently issued reports about the stock. Robert W. Baird raised their target price on shares of Zions Bancorporation, National Association from $52.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Wells Fargo & Company lifted their target price on Zions Bancorporation, National Association from $54.00 to $62.00 and gave the stock an “equal weight” rating in a report on Friday, November 15th. Compass Point increased their price target on Zions Bancorporation, National Association from $54.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Stephens raised their target price on shares of Zions Bancorporation, National Association from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Barclays upped their price target on shares of Zions Bancorporation, National Association from $59.00 to $61.00 and gave the company an “underweight” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $60.71.

Zions Bancorporation, National Association Trading Down 0.1 %

Shares of ZION stock opened at $58.02 on Thursday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.58. The stock has a 50-day simple moving average of $57.17 and a 200 day simple moving average of $51.96. Zions Bancorporation, National Association has a fifty-two week low of $37.76 and a fifty-two week high of $63.22. The stock has a market capitalization of $8.57 billion, a P/E ratio of 11.72, a P/E/G ratio of 3.16 and a beta of 1.12.

Zions Bancorporation, National Association Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.96%. This is an increase from Zions Bancorporation, National Association’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, November 14th. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is currently 34.75%.

Insider Buying and Selling

In related news, VP Eric Ellingsen sold 1,238 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $60.84, for a total value of $75,319.92. Following the completion of the sale, the vice president now owns 35,878 shares in the company, valued at $2,182,817.52. This represents a 3.34 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Jennifer Anne Smith sold 3,605 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $58.06, for a total value of $209,306.30. Following the completion of the sale, the executive vice president now owns 24,714 shares of the company’s stock, valued at $1,434,894.84. This trade represents a 12.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 18,881 shares of company stock valued at $1,108,184 in the last 90 days. 2.22% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Zions Bancorporation, National Association by 14.6% during the 3rd quarter. State Street Corp now owns 7,041,818 shares of the bank’s stock worth $332,515,000 after purchasing an additional 896,889 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Zions Bancorporation, National Association by 3.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,687,988 shares of the bank’s stock worth $221,367,000 after purchasing an additional 140,084 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of Zions Bancorporation, National Association by 25.1% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 2,684,460 shares of the bank’s stock valued at $126,762,000 after buying an additional 538,049 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Zions Bancorporation, National Association by 1.2% in the third quarter. Geode Capital Management LLC now owns 2,637,917 shares of the bank’s stock valued at $124,592,000 after buying an additional 30,030 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Zions Bancorporation, National Association by 75.0% during 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 and hedge funds own 76.84% of the company’s stock.

Zions Bancorporation, National Association Company Profile

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.