Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target Raised to $66.00 at DA Davidson

Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) had its target price lifted by DA Davidson from $57.00 to $66.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the bank's stock. DA Davidson's price target would suggest a potential upside of 19.61% from the company's previous close. DA Davidson also issued estimates for Zions Bancorporation, N.A.'s Q3 2025 earnings at $1.49 EPS and FY2026 earnings at $6.02 EPS.

Several other research firms have also recently issued reports on ZION. Royal Bank Of Canada lowered their price objective on shares of Zions Bancorporation, N.A. from $63.00 to $53.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 22nd. Wall Street Zen raised Zions Bancorporation, N.A. from a "sell" rating to a "hold" rating in a report on Sunday, July 13th. JPMorgan Chase & Co. increased their price target on shares of Zions Bancorporation, N.A. from $55.00 to $63.00 and gave the stock a "neutral" rating in a report on Tuesday. Truist Financial lifted their price objective on shares of Zions Bancorporation, N.A. from $52.00 to $57.00 and gave the company a "hold" rating in a report on Friday, July 11th. Finally, Jefferies Financial Group raised shares of Zions Bancorporation, N.A. from an "underperform" rating to a "hold" rating and increased their target price for the stock from $45.00 to $60.00 in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Zions Bancorporation, N.A. presently has a consensus rating of "Hold" and a consensus price target of $60.78.

Zions Bancorporation, N.A. Stock Down 2.4%

NASDAQ:ZION traded down $1.36 during trading hours on Tuesday, hitting $55.18. 2,086,935 shares of the company traded hands, compared to its average volume of 1,535,543. The firm's 50-day simple moving average is $51.09 and its 200-day simple moving average is $50.85. Zions Bancorporation, N.A. has a one year low of $39.32 and a one year high of $63.22. The company has a market cap of $8.14 billion, a PE ratio of 10.09, a PEG ratio of 1.63 and a beta of 0.90. The company has a quick ratio of 0.83, a current ratio of 0.80 and a debt-to-equity ratio of 0.15.

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, topping analysts' consensus estimates of $1.31 by $0.27. The business had revenue of $838.00 million for the quarter, compared to analyst estimates 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 earned $1.28 EPS. Equities analysts predict that Zions Bancorporation, N.A. will post 5.39 earnings per share for the current year.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Curat Global LLC acquired a new stake in shares of Zions Bancorporation, N.A. during the 1st quarter worth approximately $25,000. Picton Mahoney Asset Management acquired a new stake in Zions Bancorporation, N.A. during the first quarter worth $25,000. New Age Alpha Advisors LLC purchased a new stake in Zions Bancorporation, N.A. in the first quarter valued at $40,000. Covestor Ltd lifted its stake in shares of Zions Bancorporation, N.A. by 128.1% in the 4th quarter. Covestor Ltd now owns 853 shares of the bank's stock valued at $46,000 after purchasing an additional 479 shares during the last quarter. Finally, Princeton Global Asset Management LLC purchased a new position in shares of Zions Bancorporation, N.A. during the 1st quarter worth $50,000. 76.84% of the stock is currently owned by institutional investors and hedge funds.

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.