NASDAQ:ZIONZions Bancorporation NA Stock Price, Forecast & News

$35.49

+2.04 (+6.10 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$34.11

Now: $35.49▼

$35.72

50-Day Range

$26.31

MA: $30.14▼

$35.08

52-Week Range

$23.58

Now: $35.49▼

$52.48

Volume2.20 million shs

Average Volume3.41 million shs

Market Capitalization$5.82 billion

P/E Ratio11.20

Dividend Yield4.07%

Beta1.66

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; small business administration lending and secondary market agricultural real estate mortgage loans; corporate trust services for municipalities; and bond transfer, stock transfer, and escrow services. As of December 31, 2018, it operated 433 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 headquartered in Salt Lake City, Utah.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Zions Bancorporation NA has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 5 buy ratings, 15 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.68, Zions Bancorporation NA has a potential upside of 14.6% from its current price of $35.49.
Amount of Analyst Coverage
Zions Bancorporation NA has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
Zions Bancorporation NA has received 697 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Zions Bancorporation NA has received 965 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Zions Bancorporation NA has received 58.06% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Zions Bancorporation NA 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.

4.2 Dividend Strength

Dividend Leadership
Zions Bancorporation NA is a leading dividend payer. It pays a dividend yield of 4.07%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Zions Bancorporation NA has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Zions Bancorporation NA is 31.41 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Zions Bancorporation NA will have a dividend payout ratio of 46.26 % next year. This indicates that Zions Bancorporation NA will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zions Bancorporation NA insiders have bought 524.39% more of their company's stock than they have sold. Specifically, they have bought $1,057,200.00 in company stock and sold $169,316.00 in company stock.
Percentage Held by Insiders
Only 1.81% of the stock of Zions Bancorporation NA is held by insiders.
Percentage Held by Institutions
95.00% of the stock of Zions Bancorporation NA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Zions Bancorporation NA are expected to grow by 61.54% in the coming year, from $1.82 to $2.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zions Bancorporation NA is 11.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zions Bancorporation NA is 11.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.56.
Price to Earnings Growth Ratio
Zions Bancorporation NA has a PEG Ratio of 4.21. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Zions Bancorporation NA has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.44 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:ZION

Previous Symbol

CUSIP98970110

CIK109380

Webwww.zionsbancorporation.com

Phone801-844-7637

Debt

Debt-to-Equity Ratio0.26

Current Ratio0.85

Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio11.20

Forward P/E Ratio19.50

P/E Growth4.21

Sales & Book Value

Annual Sales$3.25 billion

Price / Sales1.79

Cash Flow$6.44 per share

Price / Cash Flow5.51

Book Value$39.81 per share

Price / Book0.89

Profitability

EPS (Most Recent Fiscal Year)$4.33

Net Income$816 million

Net Margins19.32%

Return on Equity9.36%

Return on Assets0.92%

Miscellaneous

Employees10,188

Outstanding Shares163,862,000

Market Cap$5.82 billion

Next Earnings Date7/27/2020 (Estimated)

OptionableOptionable

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Zions Bancorporation NA (NASDAQ:ZION) Frequently Asked Questions

How has Zions Bancorporation NA's stock been impacted by COVID-19 (Coronavirus)?

Zions Bancorporation NA's stock was trading at $29.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZION stock has increased by 18.5% and is now trading at $35.49. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Zions Bancorporation NA?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zions Bancorporation NA in the last year. There are currently 15 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zions Bancorporation NA.

When is Zions Bancorporation NA's next earnings date?

Zions Bancorporation NA is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Zions Bancorporation NA.

How were Zions Bancorporation NA's earnings last quarter?

Zions Bancorporation NA (NASDAQ:ZION) released its quarterly earnings data on Monday, April, 20th. The bank reported $0.04 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.44. The bank earned $689 million during the quarter, compared to analysts' expectations of $679 million. Zions Bancorporation NA had a return on equity of 9.36% and a net margin of 19.32%. During the same period in the prior year, the company posted $1.04 earnings per share. View Zions Bancorporation NA's earnings history.

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

Zions Bancorporation NA announced a quarterly dividend on Friday, May 1st. Stockholders of record on Friday, May 8th will be paid a dividend of $0.34 per share on Thursday, May 21st. This represents a $1.36 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, May 7th. View Zions Bancorporation NA's dividend history.

What price target have analysts set for ZION?

21 analysts have issued 1-year target prices for Zions Bancorporation NA's shares. Their forecasts range from $24.00 to $58.00. On average, they expect Zions Bancorporation NA's share price to reach $40.68 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View analysts' price targets for Zions Bancorporation NA.

Has Zions Bancorporation NA been receiving favorable news coverage?

News coverage about ZION stock has been trending negative this week, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Zions Bancorporation NA earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutZions Bancorporation NA.

Are investors shorting Zions Bancorporation NA?

Zions Bancorporation NA saw a decrease in short interest in May. As of May 15th, there was short interest totaling 13,140,000 shares, a decrease of 8.0% from the April 30th total of 14,280,000 shares. Based on an average daily volume of 4,050,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 8.1% of the company's shares are short sold. View Zions Bancorporation NA's Current Options Chain.

Who are some of Zions Bancorporation NA's key competitors?

Some companies that are related to Zions Bancorporation NA include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

What other stocks do shareholders of Zions Bancorporation NA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zions Bancorporation NA investors own include NVIDIA (NVDA), Applied Materials (AMAT), Citigroup (C), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Bank of America (BAC), Intel (INTC), Twitter (TWTR) and QUALCOMM (QCOM).

Who are Zions Bancorporation NA's key executives?

Zions Bancorporation NA's management team includes the following people:

Mr. Harris Henry Simmons, Chairman & CEO (Age 65)
Mr. Scott J. McLean, Pres, COO & Director (Age 62)
Mr. Paul E. Burdiss, Exec. VP & CFO (Age 53)
Mr. David E. Blackford, Exec. VP (Age 70)
Mr. Edward P. Schreiber, Exec. VP & Chief Risk Officer (Age 60)

What is Zions Bancorporation NA's stock symbol?

Zions Bancorporation NA trades on the NASDAQ under the ticker symbol "ZION."

Who are Zions Bancorporation NA's major shareholders?

Zions Bancorporation NA's stock is owned by a variety of retail and institutional investors. Top institutional investors include FDx Advisors Inc. (11.89%), FDx Advisors Inc. (11.89%), BlackRock Inc. (8.30%), Invesco Ltd. (6.42%), State Street Corp (5.33%) and Victory Capital Management Inc. (3.91%). Company insiders that own Zions Bancorporation NA stock include A Scott Anderson, Alan M Forney, Alexander Hume, Bruce K Alexander, David E Blackford, Dianne R James, Edward F Murphy, Edward Schreiber, Harris H Simmons, James R Abbott, Jennifer Anne Smith, Keith D Maio, Leeanne B Linderman, Mark Richard Young, Olga Hoff, Randy R Stewart, Rebecca K Robinson, Scott A Law, Scott J Mclean, Steven Dan Stephens, Terry Alan Shirey and Thomas E Laursen. View institutional ownership trends for Zions Bancorporation NA.

Which institutional investors are selling Zions Bancorporation NA stock?

ZION stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Wellington Management Group LLP, Ensign Peak Advisors Inc, State Street Corp, Nuveen Asset Management LLC, Wells Fargo & Company MN, PNC Financial Services Group Inc., and Russell Investments Group Ltd.. Company insiders that have sold Zions Bancorporation NA company stock in the last year include A Scott Anderson, Alan M Forney, Alexander Hume, Jennifer Anne Smith, Keith D Maio, Olga Hoff, Randy R Stewart, Scott A Law, Scott J Mclean, Steven Dan Stephens, Terry Alan Shirey, and Thomas E Laursen. View insider buying and selling activity for Zions Bancorporation NA.

Which institutional investors are buying Zions Bancorporation NA stock?

ZION stock was purchased by a variety of institutional investors in the last quarter, including FDx Advisors Inc., FDx Advisors Inc., JPMorgan Chase & Co., BlackRock Inc., Acadian Asset Management LLC, Ceredex Value Advisors LLC, Fiduciary Management Inc. WI, and APG Asset Management N.V.. Company insiders that have bought Zions Bancorporation NA stock in the last two years include Edward F Murphy, and Harris H Simmons. View insider buying and selling activity for Zions Bancorporation NA.

How do I buy shares of Zions Bancorporation NA?

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, Robinhood, Fidelity, and Charles Schwab.

What is Zions Bancorporation NA's stock price today?

One share of ZION stock can currently be purchased for approximately $35.49.

How big of a company is Zions Bancorporation NA?

Zions Bancorporation NA has a market capitalization of $5.82 billion and generates $3.25 billion in revenue each year. The bank earns $816 million in net income (profit) each year or $4.33 on an earnings per share basis. Zions Bancorporation NA employs 10,188 workers across the globe.

What is Zions Bancorporation NA's official website?

The official website for Zions Bancorporation NA is www.zionsbancorporation.com.

How can I contact Zions Bancorporation NA?

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

This page was last updated on 6/4/2020 by MarketBeat.com Staff