What is Zacks Research's Forecast for ZION FY2025 Earnings?

Key Points

• Zacks Research has raised its FY2025 earnings per share (EPS) estimate for Zions Bancorporation, N.A. to $5.63, up from a previous forecast of $5.16.
• The company recently reported Q2 earnings of $1.58 per share, surpassing analysts' expectations of $1.31, alongside revenue of $838 million.
• Zions Bancorporation, N.A. announced an increase in its quarterly dividend to $0.45 per share, effective August 21st, representing a 3.5% dividend yield.

Zions Bancorporation, N.A. (NASDAQ:ZION - Free Report) - Equities researchers at Zacks Research raised their FY2025 earnings per share (EPS) estimates for Zions Bancorporation, N.A. in a report released on Monday, August 11th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $5.63 per share for the year, up from their prior forecast of $5.16. The consensus estimate for Zions Bancorporation, N.A.'s current full-year earnings is $5.39 per share. Zacks Research also issued estimates for Zions Bancorporation, N.A.'s Q4 2026 earnings at $1.47 EPS, Q1 2027 earnings at $1.38 EPS, Q2 2027 earnings at $1.45 EPS and FY2027 earnings at $5.83 EPS.

A number of other equities research analysts also recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Zions Bancorporation, N.A. from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Wells Fargo & Company lifted their price target on shares of Zions Bancorporation, N.A. from $47.00 to $58.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 22nd. Morgan Stanley lifted their price target on shares of Zions Bancorporation, N.A. from $60.00 to $66.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 22nd. Citigroup lifted their price target on shares of Zions Bancorporation, N.A. from $48.00 to $52.00 and gave the company a "neutral" rating in a research report on Wednesday, July 2nd. Finally, Royal Bank Of Canada upped their target price on Zions Bancorporation, N.A. from $57.00 to $62.00 and gave the stock a "sector perform" rating in a research note on Tuesday, July 22nd. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $60.78.

Zions Bancorporation, N.A. Trading Down 0.5%

Shares of NASDAQ:ZION opened at $51.78 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.15. Zions Bancorporation, N.A. has a 12-month low of $39.32 and a 12-month high of $63.22. The business has a 50 day moving average of $52.42 and a 200-day moving average of $50.46. The stock has a market cap of $7.64 billion, a PE ratio of 9.47, a P/E/G ratio of 1.37 and a beta of 0.93.

Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The bank reported $1.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.27. Zions Bancorporation, N.A. had a return on equity of 13.76% and a net margin of 16.98%. The company had revenue of $838.00 million during the quarter, compared to analysts' expectations of $810.24 million. During the same quarter in the previous year, the company posted $1.28 earnings per share.

Zions Bancorporation, N.A. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Thursday, August 14th will be issued a dividend of $0.45 per share. This is a positive change from Zions Bancorporation, N.A.'s previous quarterly dividend of $0.43. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.80 annualized dividend and a dividend yield of 3.5%. Zions Bancorporation, N.A.'s dividend payout ratio (DPR) is 31.44%.

Institutional Investors Weigh In On Zions Bancorporation, N.A.

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Zions Bancorporation, N.A. by 3.1% during the 2nd quarter. Vanguard Group Inc. now owns 19,308,327 shares of the bank's stock valued at $1,002,875,000 after acquiring an additional 582,392 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Zions Bancorporation, N.A. by 3.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,040,473 shares of the bank's stock valued at $351,027,000 after acquiring an additional 233,252 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Zions Bancorporation, N.A. by 4.5% during the 2nd quarter. LSV Asset Management now owns 3,960,132 shares of the bank's stock valued at $205,689,000 after acquiring an additional 169,085 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Zions Bancorporation, N.A. by 326.4% during the 1st quarter. AQR Capital Management LLC now owns 2,866,759 shares of the bank's stock valued at $139,927,000 after acquiring an additional 2,194,514 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. lifted its holdings in Zions Bancorporation, N.A. by 9.3% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 2,834,949 shares of the bank's stock worth $147,247,000 after buying an additional 240,329 shares during the period. Institutional investors and hedge funds own 76.84% of the company's stock.

Zions Bancorporation, N.A. 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.

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