Equities Analysts Set Expectations for ZION Q4 Earnings

Zions Bancorporation, National Association (NASDAQ:ZION) – Equities research analysts at Wedbush increased their Q4 2024 earnings estimates for Zions Bancorporation, National Association in a report issued on Tuesday, October 22nd. Wedbush analyst D. Chiaverini now anticipates that the bank will earn $1.14 per share for the quarter, up from their prior estimate of $1.09. Wedbush has a “Neutral” rating and a $55.00 price objective on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.60 per share. Wedbush also issued estimates for Zions Bancorporation, National Association’s Q4 2025 earnings at $1.19 EPS and FY2026 earnings at $4.70 EPS.

Zions Bancorporation, National Association (NASDAQ:ZION) last posted its quarterly earnings data on Monday, October 21st. The bank reported $1.37 EPS for the quarter, topping the consensus estimate of $1.16 by $0.21. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $781.63 million. Zions Bancorporation, National Association had a return on equity of 13.89% and a net margin of 14.09%. During the same period in the prior year, the business posted $1.13 EPS.

A number of other research analysts also recently issued reports on ZION. JPMorgan Chase & Co. cut their price objective on Zions Bancorporation, National Association from $58.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Keefe, Bruyette & Woods increased their price objective on shares of Zions Bancorporation, National Association from $53.00 to $56.00 and gave the stock a “market perform” rating in a research note on Tuesday. Compass Point raised their price objective on shares of Zions Bancorporation, National Association from $49.00 to $54.00 and gave the company a “neutral” rating in a research report on Wednesday. Truist Financial increased their price target on Zions Bancorporation, National Association from $52.00 to $57.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Wells Fargo & Company boosted their price objective on Zions Bancorporation, National Association from $50.00 to $54.00 and gave the company an “equal weight” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Zions Bancorporation, National Association currently has an average rating of “Hold” and a consensus price target of $52.82.

Zions Bancorporation, National Association Stock Performance

Shares of ZION opened at $52.18 on Wednesday. The business has a 50-day simple moving average of $47.97 and a two-hundred day simple moving average of $45.42. The company has a quick ratio of 0.84, a current ratio of 0.78 and a debt-to-equity ratio of 0.09. Zions Bancorporation, National Association has a 52 week low of $28.90 and a 52 week high of $53.32. The stock has a market cap of $7.71 billion, a price-to-earnings ratio of 11.89, a PEG ratio of 1.93 and a beta of 1.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fidelis Capital Partners LLC purchased a new stake in Zions Bancorporation, National Association during the first quarter valued at approximately $27,000. ORG Wealth Partners LLC bought a new stake in Zions Bancorporation, National Association in the third quarter worth $28,000. ORG Partners LLC purchased a new position in Zions Bancorporation, National Association during the second quarter worth $33,000. International Assets Investment Management LLC bought a new position in Zions Bancorporation, National Association during the second quarter valued at $34,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Zions Bancorporation, National Association in the second quarter valued at $39,000. Hedge funds and other institutional investors own 76.84% of the company’s stock.

Insider Activity at Zions Bancorporation, National Association

In other Zions Bancorporation, National Association news, VP Bruce K. Alexander sold 5,156 shares of Zions Bancorporation, National Association stock in a transaction on Monday, July 29th. The shares were sold at an average price of $51.83, for a total value of $267,235.48. Following the completion of the transaction, the vice president now directly owns 17,857 shares of the company’s stock, valued at $925,528.31. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 2.22% of the stock is owned by insiders.

Zions Bancorporation, National Association Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Investors of record on Thursday, August 15th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 3.14%. The ex-dividend date was Thursday, August 15th. Zions Bancorporation, National Association’s dividend payout ratio is presently 37.36%.

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.