Zacks Research Issues Positive Forecast for ZION Earnings

Key Points

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Zions Bancorporation, N.A. (NASDAQ:ZION - Free Report) - Stock analysts at Zacks Research upped their Q2 2026 EPS estimates for shares of Zions Bancorporation, N.A. in a research note issued to investors on Monday, August 18th. Zacks Research analyst Team now forecasts that the bank will post earnings per share of $1.42 for the quarter, up from their prior forecast of $1.41. 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 Q1 2027 earnings at $1.40 EPS and Q2 2027 earnings at $1.46 EPS.

Several other equities analysts have also recently weighed in on ZION. Wall Street Zen upgraded shares of Zions Bancorporation, N.A. from a "sell" rating to a "hold" rating in a research note on Sunday, July 13th. Argus upgraded shares of Zions Bancorporation, N.A. from a "hold" rating to a "buy" rating and set a $55.00 price objective on the stock in a research note on Monday, April 28th. Royal Bank Of Canada raised their target price on shares of 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. Citigroup raised their target price on shares of Zions Bancorporation, N.A. from $48.00 to $52.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 2nd. Finally, Morgan Stanley raised their target price on shares of Zions Bancorporation, N.A. from $60.00 to $66.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 22nd. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $60.78.

Zions Bancorporation, N.A. Stock Performance

Shares of NASDAQ ZION opened at $53.27 on Tuesday. The firm's 50-day moving average price is $52.91 and its 200-day moving average price is $50.30. Zions Bancorporation, N.A. has a 52-week low of $39.32 and a 52-week high of $63.22. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.15. The company has a market cap of $7.86 billion, a PE ratio of 9.74, a PEG ratio of 1.37 and a beta of 0.93.

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

Zions Bancorporation, N.A. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Thursday, August 14th will be given a $0.45 dividend. This is an increase from Zions Bancorporation, N.A.'s previous quarterly dividend of $0.43. This represents a $1.80 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, August 14th. Zions Bancorporation, N.A.'s payout ratio is currently 32.91%.

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

Large investors have recently bought and sold shares of the company. Picton Mahoney Asset Management purchased a new stake in Zions Bancorporation, N.A. in the first quarter valued at approximately $25,000. Curat Global LLC purchased a new stake in Zions Bancorporation, N.A. in the 1st quarter worth approximately $25,000. Traub Capital Management LLC purchased a new stake in Zions Bancorporation, N.A. in the 2nd quarter worth approximately $31,000. Assetmark Inc. boosted its position in Zions Bancorporation, N.A. by 75.3% in the 2nd quarter. Assetmark Inc. now owns 673 shares of the bank's stock worth $35,000 after purchasing an additional 289 shares in the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in Zions Bancorporation, N.A. in the 1st quarter worth approximately $40,000. Hedge funds and other institutional investors own 76.84% of the company's stock.

About Zions Bancorporation, N.A.

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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