Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) EVP Christopher Kyriakakis sold 2,703 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $67.05, for a total transaction of $181,236.15. Following the completion of the transaction, the executive vice president owned 36,700 shares of the company’s stock, valued at $2,460,735. This represents a 6.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Zions Bancorporation, N.A. Stock Up 0.1%
Shares of ZION stock traded up $0.07 during mid-day trading on Tuesday, hitting $66.32. 1,219,467 shares of the stock traded hands, compared to its average volume of 1,657,516. The stock has a market cap of $9.68 billion, a P/E ratio of 8.14, a P/E/G ratio of 1.04 and a beta of 0.85. The stock’s fifty day moving average is $65.09 and its two-hundred day moving average is $63.99. Zions Bancorporation, N.A. has a 52-week low of $48.50 and a 52-week high of $73.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.86 and a quick ratio of 0.86.
Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last released its quarterly earnings results on Monday, October 19th. The bank reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.14. Zions Bancorporation, N.A. had a net margin of 24.81% and a return on equity of 13.77%. The business had revenue of $887.00 million for the quarter, compared to analysts’ expectations of $889.52 million. During the same period last year, the business earned $1.48 EPS. Equities analysts predict that Zions Bancorporation, N.A. will post 6.70 EPS for the current year.
Zions Bancorporation, N.A. Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 12th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 dividend on an annualized basis and a yield of 2.9%. Zions Bancorporation, N.A.’s dividend payout ratio is presently 23.56%.
Zions Bancorporation, N.A. announced that its board has approved a share buyback plan on Thursday, July 30th that permits the company to repurchase $75 million in outstanding shares. This buyback authorization permits the bank to repurchase up to 0.7% of its shares through open market purchases. Share buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on ZION shares. Stephens upped their price target on Zions Bancorporation, N.A. from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Monday, October 26th. Wall Street Zen cut Zions Bancorporation, N.A. from a “buy” rating to a “hold” rating in a research report on Saturday. Evercore downgraded Zions Bancorporation, N.A. from an “outperform” rating to an “in-line” rating and set a $68.00 target price on the stock. in a research note on Thursday, July 23rd. Royal Bank Of Canada restated a “sector perform” rating and set a $76.00 target price on shares of Zions Bancorporation, N.A. in a research note on Tuesday, October 20th. Finally, Wells Fargo & Company upped their target price on Zions Bancorporation, N.A. from $66.00 to $73.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $73.44.
Read Our Latest Stock Report on Zions Bancorporation, N.A.
More Zions Bancorporation, N.A. News
Here are the key news stories impacting Zions Bancorporation, N.A. this week:
- Positive Sentiment: Zacks Research raised its 2026 EPS estimate to $6.75 from $6.51 and its 2027 estimate to $6.64 from $6.54. It also lifted several quarterly forecasts, including Q4 2026, Q2 and Q3 2027, and Q1 and Q2 2028. These upgrades suggest a stronger earnings outlook overall. Zions Bancorporation analyst estimates
- Neutral Sentiment: Zacks’ FY2028 estimate edged up to $7.01 from $7.00, a small change; its forecast remains below the current-year consensus of $6.70 only in the context of different fiscal years and should be weighed against the broader set of revisions. Zions Bancorporation analyst estimates
- Negative Sentiment: Zacks cut its Q3 2028 EPS forecast to $1.76 from $1.82 and trimmed Q1 2027 to $1.54 from $1.55, signaling some weaker near-term or later-quarter expectations. Separately, Wall Street Zen lowered its rating on ZION to Hold, a less favorable analyst signal. Zions Bancorporation cut to Hold at Wall Street Zen
Institutional Trading of Zions Bancorporation, N.A.
A number of institutional investors have recently bought and sold shares of ZION. BlackRock Inc. purchased a new stake in Zions Bancorporation, N.A. during the 2nd quarter worth approximately $982,244,000. Dimensional Fund Advisors LP lifted its stake in shares of Zions Bancorporation, N.A. by 0.8% during the first quarter. Dimensional Fund Advisors LP now owns 7,477,126 shares of the bank’s stock worth $430,813,000 after buying an additional 56,438 shares during the period. First Trust Advisors LP lifted its stake in shares of Zions Bancorporation, N.A. by 28.5% during the first quarter. First Trust Advisors LP now owns 1,917,826 shares of the bank’s stock worth $110,505,000 after buying an additional 425,325 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Zions Bancorporation, N.A. during the second quarter worth $87,961,000. Finally, Quantinno Capital Management LP grew its holdings in shares of Zions Bancorporation, N.A. by 50.1% during the first quarter. Quantinno Capital Management LP now owns 1,242,578 shares of the bank’s stock valued at $71,597,000 after buying an additional 414,902 shares during the last quarter. 76.84% of the stock is currently owned by institutional investors and hedge funds.
About Zions Bancorporation, N.A.
Zions Bancorporation, N.A. is a national bank providing commercial and retail banking services to individuals, businesses, and institutions. Its offerings include business and consumer lending, deposit accounts, treasury management, and related banking services. The bank serves customers across 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through regional banking brands, including Zions Bank, Amegy Bank, California Bank & Trust, and National Bank of Arizona.
See Also
- Five stocks we like better than Zions Bancorporation, N.A.
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Zions Bancorporation N.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zions Bancorporation N.A. and related companies with MarketBeat.com's FREE daily email newsletter.
