TD Cowen Issues Positive Forecast for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price

Zions Bancorporation, N.A. (NASDAQ:ZION) had its target price upped by stock analysts at TD Cowen from $63.00 to $64.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “hold” rating on the bank’s stock. TD Cowen’s price objective suggests a potential upside of 4.67% from the company’s previous close.

Other analysts have also issued research reports about the company. Morgan Stanley boosted their price target on Zions Bancorporation, N.A. from $63.00 to $70.00 and gave the company an “equal weight” rating in a report on Monday, September 29th. Barclays boosted their price objective on Zions Bancorporation, N.A. from $61.00 to $68.00 and gave the company an “underweight” rating in a research note on Monday, January 5th. Jefferies Financial Group upgraded shares of Zions Bancorporation, N.A. from a “hold” rating to a “buy” rating and raised their target price for the stock from $55.00 to $60.00 in a research note on Wednesday, November 19th. Baird R W raised shares of Zions Bancorporation, N.A. from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Finally, UBS Group reduced their price objective on shares of Zions Bancorporation, N.A. from $63.00 to $57.00 and set a “neutral” rating for the company in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zions Bancorporation, N.A. has a consensus rating of “Hold” and an average target price of $62.32.

Zions Bancorporation, N.A. Stock Performance

ZION stock traded up $2.05 during midday trading on Wednesday, reaching $61.14. 1,867,052 shares of the company’s stock traded hands, compared to its average volume of 1,561,364. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. Zions Bancorporation, N.A. has a 52-week low of $39.32 and a 52-week high of $61.72. The stock has a market cap of $9.03 billion, a P/E ratio of 10.96, a PEG ratio of 1.29 and a beta of 0.85. The stock’s 50-day moving average is $56.80 and its 200 day moving average is $55.55.

Zions Bancorporation, N.A. (NASDAQ:ZION) last issued its quarterly earnings results on Monday, October 20th. The bank reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.29. The business had revenue of $872.00 million for the quarter, compared to analysts’ expectations of $842.68 million. Zions Bancorporation, N.A. had a net margin of 17.22% and a return on equity of 13.56%. During the same quarter last year, the company posted $1.37 EPS. As a group, analysts anticipate that Zions Bancorporation, N.A. will post 5.39 EPS for the current year.

Insider Activity at Zions Bancorporation, N.A.

In other news, EVP Jennifer Anne Smith sold 2,458 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $53.11, for a total transaction of $130,544.38. Following the completion of the transaction, the executive vice president owned 27,133 shares in the company, valued at $1,441,033.63. This trade represents a 8.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.77% of the stock is owned by company insiders.

Hedge Funds Weigh In On Zions Bancorporation, N.A.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ZION. Traub Capital Management LLC bought a new stake in Zions Bancorporation, N.A. in the 2nd quarter worth approximately $31,000. Assetmark Inc. increased its position in Zions Bancorporation, N.A. by 75.3% in the second quarter. Assetmark Inc. now owns 673 shares of the bank’s stock worth $35,000 after purchasing an additional 289 shares during the last quarter. Community Bank N.A. purchased a new stake in Zions Bancorporation, N.A. during the third quarter valued at $36,000. Steph & Co. bought a new position in Zions Bancorporation, N.A. during the third quarter valued at $37,000. Finally, Salomon & Ludwin LLC purchased a new position in shares of Zions Bancorporation, N.A. in the 3rd quarter worth $37,000. 76.84% of the stock is owned by institutional investors.

Key Stories Impacting Zions Bancorporation, N.A.

Here are the key news stories impacting Zions Bancorporation, N.A. this week:

• Positive Sentiment: Reported stronger-than-expected Q4 results: Zions posted $1.77 EPS vs. a $1.57 consensus and revenue of $891M vs. $863.8M, with net margin and ROE remaining healthy — a clear fundamental driver for the rally. View Press Release
• Positive Sentiment: PR summary and release: net earnings applicable to common shareholders were $262M, $1.76 per share (up from $1.34 a year ago), underscoring meaningful year-over-year earnings growth. PR Newswire
• Positive Sentiment: Earnings-call coverage and highlights point to expanding margins and revenue drivers discussed on the call, reinforcing the beat and giving investors clarity on quarter drivers. Earnings Call Highlights
• Positive Sentiment: Analyst note painting continued operational strength (Seeking Alpha piece), which amplifies positive sentiment after the print. Ongoing Strength
• Neutral Sentiment: Royal Bank of Canada raised its price target from $63 to $64 but kept a “sector perform” rating — a modest vote of confidence but not a bullish upgrade. Benzinga
• Neutral Sentiment: Stephens raised its target to $65 while maintaining an “equal weight” rating — incremental upside in PTs supports gains but the rating remains cautious. Benzinga
• Neutral Sentiment: TipRanks/analyst revisit maintains a neutral/hold view citing balanced risk/reward and valuation limits to near-term upside — suggests upside may be capped absent sustained beat/guidance uplift. TipRanks

Zions Bancorporation, N.A. Company Profile

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.