NASDAQ:ZION - Zions Bancorp Stock Price, Price Target & More

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$55.60 +0.32 (+0.58 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$55.28
Today's Range$54.61 - $55.74
52-Week Range$41.22 - $59.19
Volume1.56 million shs
Average Volume2.30 million shs
Market Capitalization$10.90 billion
P/E Ratio19.44
Dividend Yield1.73%
Beta1.35

About Zions Bancorp (NASDAQ:ZION)

Zions Bancorp logoZions Bancorporation, a financial holding company, provides a range of 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; and residential mortgage servicing and lending. It also provides trust and wealth management services; capital markets services, including municipal finance advisory and underwriting; and investment services. In addition, the company 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. Further, it 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, the company operated 433 domestic branches. Zions Bancorporation was founded in 1873 and is headquartered in Salt Lake City, Utah.

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Industry, Sector and Symbol

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 Ratio19.44
Forward P/E Ratio14.11
P/E Growth1.52

Sales & Book Value

Annual Sales$2.74 billion
Price / Sales4.01
Cash Flow$4.2026 per share
Price / Cash13.23
Book Value$36.01 per share
Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$2.86
Net Income$592 million
Net Margins24.49%
Return on Equity10.41%
Return on Assets1.13%

Miscellaneous

Employees10,083
Outstanding Shares197,120,000

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 declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Thursday, May 17th will be paid a dividend of $0.24 per share on Thursday, May 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date is Wednesday, May 16th. This is a positive change from Zions Bancorp's previous quarterly dividend of $0.20. View Zions Bancorp's Dividend History.

How will Zions Bancorp's stock buyback program work?

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

How were Zions Bancorp's earnings last quarter?

Zions Bancorp (NASDAQ:ZION) posted its earnings results on Monday, April, 23rd. The bank reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.27. The bank earned $680 million during the quarter, compared to the consensus estimate of $666.12 million. Zions Bancorp had a return on equity of 10.41% and a net margin of 24.49%. During the same quarter in the previous year, the business earned $0.61 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 Tuesday, July, 24th 2018. View Earnings Estimates for Zions Bancorp.

What price target have analysts set for ZION?

20 Wall Street analysts have issued twelve-month price targets for Zions Bancorp's shares. Their predictions range from $43.00 to $67.00. On average, they expect Zions Bancorp's share price to reach $58.35 in the next year. 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 six months. The performance was supported by the company’s impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters. The company’s fourth-quarter 2017 results benefited from improvement in revenues, partly offset by higher adjusted non-interest expenses. The company has been witnessing consistent growth in loans and deposits along with easing margin pressure. Also, its initiatives to manage expenses have been successful. This along with lower corporate tax rates are expected to support bottom-line growth. However, increased exposure toward risky loan portfolios is expected to hamper the company's financials. Also, geographical concentration might pose a risk for the company in the near term." (2/13/2018)
  • 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 in May. As of May 31st, there was short interest totalling 26,424,011 shares, an increase of 0.6% from the May 15th total of 26,273,539 shares. Based on an average daily trading volume, of 1,807,448 shares, the short-interest ratio is presently 14.6 days. Currently, 13.6% of the company's shares are sold short.

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 (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)

Has Zions Bancorp been receiving favorable news coverage?

Media stories about ZION stock have trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Zions Bancorp earned a news impact score of 0.05 on Accern's scale. They also assigned news articles about the bank an impact score of 47.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Zions Bancorp's major shareholders?

Zions Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.87%), American Century Companies Inc. (3.01%), JPMorgan Chase & Co. (2.73%), Millennium Management LLC (2.45%), Thrivent Financial for Lutherans (2.32%) and Dimensional Fund Advisors LP (1.41%). 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, 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 Millennium Management LLC, American Century Companies Inc., Seizert Capital Partners LLC, Victory Capital Management Inc., Key Square Capital Management LLC, Riverhead Capital Management LLC, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and SG Americas Securities 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, Edward Schreiber, Joseph L Reilly, Keith D Maio, Michael Morris, 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 purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., EJF Capital LLC, LSV Asset Management, King Luther Capital Management Corp, The Manufacturers Life Insurance Company, Thrivent Financial for Lutherans, Segall Bryant & Hamill LLC and Schroder Investment Management Group. 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 $55.60.

How big of a company is Zions Bancorp?

Zions Bancorp has a market capitalization of $10.90 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.

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 (ZION)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  537 (Vote Outperform)
Underperform Votes:  766 (Vote Underperform)
Total Votes:  1,303
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 6/18/2018 by MarketBeat.com Staff

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