What is DA Davidson’s Forecast for ZION Q1 Earnings?

Zions Bancorporation, National Association (NASDAQ:ZION) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Zions Bancorporation, National Association in a research report issued on Wednesday, January 22nd. DA Davidson analyst P. Winter expects that the bank will post earnings of $1.19 per share for the quarter. DA Davidson currently has a “Buy” rating and a $69.00 target price on the stock. The consensus estimate for Zions Bancorporation, National Association’s current full-year earnings is $4.94 per share.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its quarterly earnings results on Tuesday, January 21st. The bank reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.08. The business had revenue of $820.00 million during the quarter, compared to analysts’ expectations of $787,704.90 billion. Zions Bancorporation, National Association had a return on equity of 13.90% and a net margin of 15.70%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 EPS.

Several other research firms also recently weighed in on ZION. Wedbush increased their price objective on Zions Bancorporation, National Association from $52.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods increased their price target on Zions Bancorporation, National Association from $65.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday. Wells Fargo & Company raised their price target on Zions Bancorporation, National Association from $54.00 to $62.00 and gave the company an “equal weight” rating in a research note on Friday, November 15th. Morgan Stanley upped their price objective on shares of Zions Bancorporation, National Association from $54.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 22nd. Finally, Compass Point raised their target price on shares of Zions Bancorporation, National Association from $54.00 to $66.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Zions Bancorporation, National Association currently has a consensus rating of “Hold” and a consensus target price of $60.71.

Zions Bancorporation, National Association Stock Performance

NASDAQ:ZION opened at $58.09 on Thursday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.81 and a current ratio of 0.81. The stock’s fifty day moving average is $57.21 and its 200 day moving average is $51.92. The firm has a market capitalization of $8.58 billion, a PE ratio of 11.74, a PEG ratio of 3.16 and a beta of 1.12. Zions Bancorporation, National Association has a fifty-two week low of $37.76 and a fifty-two week high of $63.22.

Institutional Investors Weigh In On Zions Bancorporation, National Association

A number of hedge funds have recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new stake in shares of Zions Bancorporation, National Association during the 3rd quarter valued at approximately $28,000. Abich Financial Wealth Management LLC increased its stake in Zions Bancorporation, National Association by 26.4% during the second quarter. Abich Financial Wealth Management LLC now owns 1,417 shares of the bank’s stock worth $61,000 after acquiring an additional 296 shares during the last quarter. Venturi Wealth Management LLC raised its position in Zions Bancorporation, National Association by 209.1% in the third quarter. Venturi Wealth Management LLC now owns 2,470 shares of the bank’s stock valued at $117,000 after purchasing an additional 1,671 shares during the period. Brooklyn Investment Group acquired a new position in shares of Zions Bancorporation, National Association in the 3rd quarter valued at $119,000. Finally, TD Private Client Wealth LLC grew its holdings in shares of Zions Bancorporation, National Association by 15.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,837 shares of the bank’s stock worth $134,000 after purchasing an additional 375 shares during the period. Hedge funds and other institutional investors own 76.84% of the company’s stock.

Insider Buying and Selling

In related news, VP Eric Ellingsen sold 1,238 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $60.84, for a total transaction of $75,319.92. Following the completion of the sale, the vice president now owns 35,878 shares of the company’s stock, valued at approximately $2,182,817.52. This represents a 3.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jennifer Anne Smith sold 4,385 shares of the business’s stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $53.46, for a total value of $234,422.10. Following the transaction, the executive vice president now owns 24,714 shares in the company, valued at approximately $1,321,210.44. This represents a 15.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,881 shares of company stock worth $1,108,184. 2.22% of the stock is owned by corporate insiders.

Zions Bancorporation, National Association Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 14th were paid a $0.43 dividend. The ex-dividend date was Thursday, November 14th. This is a positive change from Zions Bancorporation, National Association’s previous quarterly dividend of $0.41. This represents a $1.72 dividend on an annualized basis and a yield of 2.96%. Zions Bancorporation, National Association’s dividend payout ratio (DPR) is currently 34.75%.

Zions Bancorporation, National Association Company Profile

Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.