Zions Bancorporation, N.A. (NASDAQ:ZION – Free Report) had its target price hoisted by Citigroup from $64.00 to $66.00 in a research note released on Wednesday,Benzinga reports. The firm currently has a neutral rating on the bank’s stock.
A number of other equities analysts have also recently weighed in on ZION. TD Cowen upped their price target on Zions Bancorporation, N.A. from $64.00 to $65.00 and gave the stock a “hold” rating in a report on Tuesday. Weiss Ratings upgraded Zions Bancorporation, N.A. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 10th. Barclays upped their price target on Zions Bancorporation, N.A. from $68.00 to $72.00 and gave the stock an “underweight” rating in a report on Wednesday. Robert W. Baird upped their price target on Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Truist Financial upped their price target on Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the stock a “hold” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $64.94.
Check Out Our Latest Report on ZION
Zions Bancorporation, N.A. Stock Down 0.1%
Zions Bancorporation, N.A. (NASDAQ:ZION – Get Free Report) last released its quarterly earnings results on Monday, April 20th. The bank reported $1.56 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The firm had revenue of $849.00 million during the quarter, compared to analysts’ expectations of $853.73 million. Zions Bancorporation, N.A. had a return on equity of 13.90% and a net margin of 19.53%.During the same quarter in the prior year, the business earned $1.13 EPS. As a group, sell-side analysts predict that Zions Bancorporation, N.A. will post 6.32 EPS for the current fiscal year.
Zions Bancorporation, N.A. Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Thursday, February 12th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, February 12th. Zions Bancorporation, N.A.’s dividend payout ratio is 30.00%.
Insider Activity at Zions Bancorporation, N.A.
In other news, VP Eric Ellingsen sold 1,519 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $61.27, for a total transaction of $93,069.13. Following the completion of the transaction, the vice president directly owned 40,361 shares in the company, valued at approximately $2,472,918.47. This represents a 3.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Harris H. Simmons bought 4,500 shares of Zions Bancorporation, N.A. stock in a transaction dated Tuesday, February 24th. The shares were acquired at an average price of $59.03 per share, with a total value of $265,635.00. Following the completion of the purchase, the chief executive officer owned 1,317,493 shares in the company, valued at approximately $77,771,611.79. The trade was a 0.34% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders sold 55,581 shares of company stock worth $3,498,774. 1.43% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Zions Bancorporation, N.A.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC raised its position in shares of Zions Bancorporation, N.A. by 54.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,775 shares of the bank’s stock valued at $563,000 after acquiring an additional 3,430 shares in the last quarter. Cornerstone Wealth Group LLC acquired a new stake in shares of Zions Bancorporation, N.A. during the 1st quarter valued at approximately $224,000. Pictet Asset Management Holding SA raised its position in shares of Zions Bancorporation, N.A. by 10.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 24,624 shares of the bank’s stock valued at $1,419,000 after acquiring an additional 2,233 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Zions Bancorporation, N.A. during the 1st quarter valued at approximately $2,466,000. Finally, Kestra Private Wealth Services LLC raised its position in shares of Zions Bancorporation, N.A. by 2.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 19,843 shares of the bank’s stock valued at $1,143,000 after acquiring an additional 520 shares in the last quarter. 76.84% of the stock is owned by institutional investors and hedge funds.
Key Zions Bancorporation, N.A. News
Here are the key news stories impacting Zions Bancorporation, N.A. this week:
- Positive Sentiment: Q1 results beat expectations — EPS, improved funding costs, stronger NII/fee income and better credit quality underpin investor confidence after the quarter. Zacks: Zions Q1 Earnings Beat
- Positive Sentiment: DA Davidson raised its price target to $78 and kept a Buy rating — the most bullish target in the group, signaling strong upside potential tied to margin/operating leverage recovery. Benzinga
- Positive Sentiment: Robert W. Baird lifted its target to $68 and maintained an Outperform rating, reinforcing positive analyst sentiment post-quarter. Benzinga
- Positive Sentiment: Analyst commentary (TipRanks) highlights near-term NII headwinds but intact 2026 operating leverage that supports buy-oriented views. TipRanks
- Positive Sentiment: Seeking Alpha pieces point to an NII upswing and further upside in 2026 as tailwinds for the stock. Seeking Alpha: NII Upswing
- Neutral Sentiment: RBC raised its target to $68 but kept a Sector Perform rating — target lift is constructive but the rating signals only modest conviction. Benzinga
- Neutral Sentiment: JPMorgan nudged its target to $67 with a Neutral rating — another vote of cautious optimism rather than a clear buy signal. Benzinga
- Neutral Sentiment: Citigroup, Truist and TD Cowen all raised targets modestly (to mid-$60s) but retained neutral/hold stances — consistent with analysts lifting earnings/target assumptions after Q1 without changing risk views. Benzinga
- Negative Sentiment: Barclays raised its target to $72 but kept an Underweight rating — a notable outlier: higher target yet a sell-oriented rating can pressure sentiment by signaling limited confidence in broader appreciation. Benzinga TickerReport
About Zions Bancorporation, N.A.
Zions Bancorporation, N.A. is a bank holding company headquartered in Salt Lake City, Utah, offering a full suite of banking and financial services to individuals, businesses and institutions. Through its primary subsidiary, Zions Bank, the company provides commercial banking, retail banking and wealth management solutions designed to serve the needs of small businesses, middle‐market firms and high‐net‐worth clients. Its service portfolio includes deposit accounts, cash‐management tools, lending products, mortgage origination, treasury services and investment advisory services.
The company’s commercial banking segment delivers custom credit and treasury management services, including working capital lines of credit, equipment financing and international trade finance.
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