NASDAQ:ZION - Zions Bancorp Stock Price, News, & Analysis

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$46.97 -0.38 (-0.80 %)
(As of 10/22/2018 01:11 AM ET)
Previous Close$46.97
Today's Range$46.80 - $47.93
52-Week Range$43.50 - $59.19
Volume3.08 million shs
Average Volume2.33 million shs
Market Capitalization$9.13 billion
P/E Ratio13.42
Dividend Yield2.55%
Beta1.4
Zions Bancorporation, National Association provides various banking and related services primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company offers community banking services, such as small and medium-sized business and corporate banking; commercial and residential development, construction, and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending services; trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. It also offers personal banking services to individuals, including home mortgages, bankcards, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, and Internet and mobile banking services. In addition, the company provides self-directed brokerage services; and small business administration lending and secondary market agricultural real estate mortgage loans; and bond transfer, stock transfer, and escrow services for corporate customers. As of December 31, 2017, it operated 433 domestic branches. The company was formerly known as ZB, National Association and changed its name to Zions Bancorporation, National Association in September 2018. Zions Bancorporation, National Association was founded in 1873 and is based in Salt Lake City, Utah.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ZION
CUSIP98970110
Phone801-844-7637

Debt

Debt-to-Equity Ratio0.05
Current Ratio0.81
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio13.42
Forward P/E Ratio11.89
P/E Growth1.28

Sales & Book Value

Annual Sales$2.74 billion
Price / Sales3.34
Cash Flow$4.1788 per share
Price / Cash11.24
Book Value$36.01 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$2.86
Net Income$592 million
Net Margins25.03%
Return on Equity10.86%
Return on Assets1.17%

Miscellaneous

Employees10,083
Outstanding Shares194,400,000
Market Cap$9.13 billion

Zions Bancorp (NASDAQ:ZION) Frequently Asked Questions

What is Zions Bancorp's stock symbol?

Zions Bancorp trades on the NASDAQ under the ticker symbol "ZION."

How often does Zions Bancorp pay dividends? What is the dividend yield for Zions Bancorp?

Zions Bancorp announced a quarterly dividend on Thursday, July 26th. Stockholders of record on Thursday, August 16th will be paid a dividend of $0.30 per share on Thursday, August 23rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.55%. The ex-dividend date of this dividend is Wednesday, August 15th. This is an increase from Zions Bancorp's previous quarterly dividend of $0.24. View Zions Bancorp's Dividend History.

How will Zions Bancorp's stock buyback program work?

Zions Bancorp announced that its board has initiated a share buyback program on Thursday, June 29th 2017, which permits the company to repurchase $465,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were Zions Bancorp's earnings last quarter?

Zions Bancorp (NASDAQ:ZION) posted its earnings results on Monday, July, 23rd. The bank reported $0.89 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.03. The bank had revenue of $686 million for the quarter, compared to analysts' expectations of $687.26 million. Zions Bancorp had a net margin of 25.03% and a return on equity of 10.86%. During the same period in the prior year, the firm posted $0.73 earnings per share. View Zions Bancorp's Earnings History.

When is Zions Bancorp's next earnings date?

Zions Bancorp is scheduled to release their next quarterly earnings announcement on Monday, October 22nd 2018. View Earnings Estimates for Zions Bancorp.

How can I listen to Zions Bancorp's earnings call?

Zions Bancorp will be holding an earnings conference call on Monday, October 22nd at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 2532371247.

What price target have analysts set for ZION?

18 equities research analysts have issued 1-year price objectives for Zions Bancorp's stock. Their predictions range from $49.00 to $67.00. On average, they expect Zions Bancorp's stock price to reach $59.5556 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for Zions Bancorp.

What is the consensus analysts' recommendation for Zions Bancorp?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zions Bancorp in the last year. There are currently 7 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Zions Bancorp.

What are Wall Street analysts saying about Zions Bancorp stock?

Here are some recent quotes from research analysts about Zions Bancorp stock:
  • 1. According to Zacks Investment Research, "Zions shares have outperformed the industry over the past year. Further, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Consistent growth in loans and deposits along with higher interest rates will likely continue supporting top-line growth. Also, the company has been undertaking efforts to improve operating efficiency. While elevated expense levels and significant exposure toward risky loan portfolios are expected to dent the company's financials, exemption from annual stress tests will provide it financial flexibility to some extent." (7/16/2018)
  • 2. FBR & Co analysts commented, "Zions reported 3Q17 EPS of $0.72. Excluding securities gains, we peg core EPS of $0.71, $0.05 below our estimate and $0.02 below consensus. Results were impacted by higher expenses due to hurricane-related activity a ~$0.02 drag on EPS, not including a $34M allocation of the LLR for potential credit costs ($0.10 per share), and lower average loan growth and lower investment securities ($0.03 impact). Positively, EOP loan growth ZION continues at a mid-single digit pace driven by resi, C&I, and municipal growth. Additionally, efficiency and capital returns continue to improve, and credit (including energy credit) continues to be a tailwind. Accordingly, we believe ZION as well positioned to continue to generate double-digit EPS growth over the next several years. Zions trades at an attractive 10% discount to peers on 2018 earnings." (10/24/2017)

Are investors shorting Zions Bancorp?

Zions Bancorp saw a increase in short interest during the month of September. As of September 28th, there was short interest totalling 25,542,273 shares, an increase of 0.7% from the September 14th total of 25,363,132 shares. Based on an average daily volume of 2,042,814 shares, the short-interest ratio is presently 12.5 days. Approximately 13.3% of the company's stock are sold short. View Zions Bancorp's Current Options Chain.

Who are some of Zions Bancorp's key competitors?

Who are Zions Bancorp's key executives?

Zions Bancorp's management team includes the folowing people:
  • Mr. Harris Henry Simmons, Chairman & CEO (Age 64)
  • Mr. Scott J. McLean, Pres, COO & Director (Age 61)
  • Mr. Paul E. Burdiss, Exec. VP & CFO (Age 52)
  • Mr. Aldon Scott Anderson, Exec. VP (Age 71)
  • Mr. Edward P. Schreiber, Exec. VP & Chief Risk Officer (Age 59)

Who are Zions Bancorp's major shareholders?

Zions Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.57%), KAMES CAPITAL plc (0.44%), Douglas Lane & Associates LLC (0.12%), Trust Department MB Financial Bank N A (0.08%), Aperio Group LLC (0.06%) and Andra AP fonden (0.05%). Company insiders that own Zions Bancorp stock include Alexander Hume, Bruce K Alexander, David E Blackford, Dianne R James, Edward Schreiber, James R Abbott, Joseph L Reilly, Keith D Maio, Leeanne B Linderman, Mark Richard Young, Michael Morris, Rebecca K Robinson, Roger B Porter, Scott J Mclean, Shelley Thomas Williams, Steven Dan Stephens and Thomas E Laursen. View Institutional Ownership Trends for Zions Bancorp.

Which major investors are selling Zions Bancorp stock?

ZION stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Hennessy Advisors Inc., Aperio Group LLC, Deprince Race & Zollo Inc. and Atria Investments LLC. Company insiders that have sold Zions Bancorp company stock in the last year include Alexander Hume, Bruce K Alexander, David E Blackford, Dianne R James, Joseph L Reilly, Keith D Maio, Leeanne B Linderman, Mark Richard Young, Michael Morris, Rebecca K Robinson, Scott J Mclean, Steven Dan Stephens and Thomas E Laursen. View Insider Buying and Selling for Zions Bancorp.

Which major investors are buying Zions Bancorp stock?

ZION stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Seven Eight Capital LP, Bank of Montreal Can, Trust Department MB Financial Bank N A, Andra AP fonden, First Hawaiian Bank, Douglas Lane & Associates LLC and Huntington National Bank. View Insider Buying and Selling for Zions Bancorp.

How do I buy shares of Zions Bancorp?

Shares of ZION can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Zions Bancorp's stock price today?

One share of ZION stock can currently be purchased for approximately $46.97.

How big of a company is Zions Bancorp?

Zions Bancorp has a market capitalization of $9.13 billion and generates $2.74 billion in revenue each year. The bank earns $592 million in net income (profit) each year or $2.86 on an earnings per share basis. Zions Bancorp employs 10,083 workers across the globe.

What is Zions Bancorp's official website?

The official website for Zions Bancorp is http://www.zionsbancorporation.com.

How can I contact Zions Bancorp?

Zions Bancorp's mailing address is ONE SOUTH MAIN STREET 15TH FLOOR, SALT LAKE CITY UT, 84133. The bank can be reached via phone at 801-844-7637 or via email at [email protected]


MarketBeat Community Rating for Zions Bancorp (NASDAQ ZION)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  586 (Vote Outperform)
Underperform Votes:  813 (Vote Underperform)
Total Votes:  1,399
MarketBeat's community ratings are surveys of what our community members think about Zions Bancorp and other stocks. Vote "Outperform" if you believe ZION will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ZION will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2018 by MarketBeat.com Staff

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