Zacks Research Analysts Decrease Earnings Estimates for ZION

Zions Bancorporation, National Association (NASDAQ:ZION - Free Report) - Investment analysts at Zacks Research lowered their Q2 2026 earnings per share estimates for shares of Zions Bancorporation, National Association in a research report issued to clients and investors on Wednesday, April 9th. Zacks Research analyst R. Department now forecasts that the bank will post earnings per share of $1.32 for the quarter, down from their prior forecast of $1.34. The consensus estimate for Zions Bancorporation, National Association's current full-year earnings is $5.39 per share. Zacks Research also issued estimates for Zions Bancorporation, National Association's FY2026 earnings at $5.40 EPS.

Several other brokerages also recently weighed in on ZION. Wells Fargo & Company decreased their target price on shares of Zions Bancorporation, National Association from $62.00 to $58.00 and set an "equal weight" rating for the company in a research note on Friday, March 28th. Royal Bank of Canada lifted their target price on Zions Bancorporation, National Association from $61.00 to $63.00 and gave the company a "sector perform" rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. cut their price target on Zions Bancorporation, National Association from $65.00 to $62.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th. Stephens reiterated an "equal weight" rating and issued a $64.00 price objective on shares of Zions Bancorporation, National Association in a research report on Wednesday, March 5th. Finally, The Goldman Sachs Group raised shares of Zions Bancorporation, National Association from a "neutral" rating to a "buy" rating and set a $71.00 price objective on the stock in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $61.81.

Zions Bancorporation, National Association Stock Performance

Zions Bancorporation, National Association stock traded up $0.92 during midday trading on Monday, hitting $44.28. 1,796,599 shares of the company's stock were exchanged, compared to its average volume of 1,584,045. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 8.95, a price-to-earnings-growth ratio of 1.61 and a beta of 0.92. Zions Bancorporation, National Association has a 12-month low of $39.05 and a 12-month high of $63.22. The firm's 50 day simple moving average is $49.18 and its 200 day simple moving average is $53.36.

Zions Bancorporation, National Association (NASDAQ:ZION - Get Free Report) last announced its earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.08. Zions Bancorporation, National Association had a net margin of 15.70% and a return on equity of 13.65%. The business had revenue of $820.00 million for the quarter, compared to analyst estimates of $787.70 million. During the same period last year, the firm posted $0.78 earnings per share. The company's revenue for the quarter was up 12.2% compared to the same quarter last year.

Zions Bancorporation, National Association Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 13th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.72 annualized dividend and a yield of 3.88%. Zions Bancorporation, National Association's dividend payout ratio (DPR) is currently 34.75%.

Zions Bancorporation, National Association declared that its Board of Directors has approved a stock repurchase program on Monday, February 24th that authorizes the company to buyback $40.00 million in shares. This buyback authorization authorizes the bank to buy up to 0.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Insiders Place Their Bets

In other Zions Bancorporation, National Association news, EVP Jennifer Anne Smith sold 22,673 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $56.47, for a total transaction of $1,280,344.31. Following the sale, the executive vice president now directly owns 29,313 shares of the company's stock, valued at $1,655,305.11. This trade represents a 43.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Steven Dan Stephens sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $55.71, for a total transaction of $557,100.00. Following the completion of the transaction, the executive vice president now directly owns 45,847 shares of the company's stock, valued at approximately $2,554,136.37. This represents a 17.91 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,029 shares of company stock worth $1,855,321. Insiders own 2.22% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Curat Global LLC purchased a new stake in shares of Zions Bancorporation, National Association in the first quarter valued at $25,000. EverSource Wealth Advisors LLC increased its stake in shares of Zions Bancorporation, National Association by 51.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 541 shares of the bank's stock valued at $29,000 after acquiring an additional 183 shares during the last quarter. Covestor Ltd increased its stake in shares of Zions Bancorporation, National Association by 128.1% during the 4th quarter. Covestor Ltd now owns 853 shares of the bank's stock valued at $46,000 after acquiring an additional 479 shares during the last quarter. SRS Capital Advisors Inc. lifted its holdings in shares of Zions Bancorporation, National Association by 120.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 901 shares of the bank's stock worth $49,000 after acquiring an additional 493 shares during the period. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of Zions Bancorporation, National Association in the first quarter worth approximately $50,000. 76.84% of the stock is currently owned by institutional investors and hedge funds.

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.