Jennifer Anne Smith Sells 4,209 Shares of Zions Bancorporation, N.A. (NASDAQ:ZION) Stock

Zions Bancorporation, N.A. (NASDAQ:ZION) EVP Jennifer Anne Smith sold 4,209 shares of Zions Bancorporation, N.A. stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $62.50, for a total value of $263,062.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Jennifer Anne Smith also recently made the following trade(s):

• On Monday, May 4th, Jennifer Anne Smith sold 550 shares of Zions Bancorporation, N.A. stock. The shares were sold at an average price of $62.96, for a total value of $34,628.00.
• On Wednesday, February 18th, Jennifer Anne Smith sold 2,089 shares of Zions Bancorporation, N.A. stock. The shares were sold at an average price of $62.48, for a total value of $130,520.72.

Zions Bancorporation, N.A. Trading Up 0.0%

NASDAQ ZION opened at $60.83 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.27. Zions Bancorporation, N.A. has a twelve month low of $45.52 and a twelve month high of $66.18. The firm has a market capitalization of $8.95 billion, a PE ratio of 9.46, a P/E/G ratio of 2.01 and a beta of 0.83. The stock’s 50 day moving average is $58.94 and its 200 day moving average is $57.96.

Zions Bancorporation, N.A. (NASDAQ:ZION) last released its quarterly earnings results on Monday, April 20th. The bank reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.13. Zions Bancorporation, N.A. had a return on equity of 13.90% and a net margin of 19.53%.The company had revenue of $859.00 million for the quarter, compared to analyst estimates of $853.73 million. During the same period in the previous year, the company posted $1.13 earnings per share. Research analysts forecast that Zions Bancorporation, N.A. will post 6.44 earnings per share for the current fiscal year.

Zions Bancorporation, N.A. announced that its board has authorized a stock buyback plan on Saturday, May 2nd that permits the company to buyback $225.00 million in outstanding shares. This buyback authorization permits the bank to purchase up to 2.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

Zions Bancorporation, N.A. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 14th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, May 14th. This represents a $1.80 annualized dividend and a dividend yield of 3.0%. Zions Bancorporation, N.A.’s payout ratio is currently 27.99%.

Trending Headlines about Zions Bancorporation, N.A.

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

• Positive Sentiment: Zacks Research lifted earnings estimates across multiple future quarters and years, including higher FY2026 and FY2027 forecasts, signaling improving profit expectations for Zions Bancorporation.
• Positive Sentiment: The company recently reported earnings that beat expectations, and it has also authorized a $225 million share repurchase program, both of which can support investor confidence.
• Neutral Sentiment: Zions’ quarterly dividend and ongoing institutional ownership changes add stability to the investment case, but they are not major new catalysts on their own.
• Negative Sentiment: Offsetting the upbeat analyst revisions, an executive sold shares recently, which can sometimes weigh on sentiment even though the sale was relatively small. Article Title

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Stephens lifted their price target on Zions Bancorporation, N.A. from $63.00 to $65.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 21st. Robert W. Baird lifted their price target on Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Evercore lifted their price objective on Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Citigroup lifted their price objective on Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Wednesday, April 22nd. Finally, Truist Financial lifted their price objective on Zions Bancorporation, N.A. from $64.00 to $66.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $65.53.

Institutional Investors Weigh In On Zions Bancorporation, N.A.

A number of hedge funds have recently made changes to their positions in ZION. Torren Management LLC purchased a new stake in Zions Bancorporation, N.A. during the fourth quarter valued at approximately $32,000. Leonteq Securities AG purchased a new stake in shares of Zions Bancorporation, N.A. in the fourth quarter worth approximately $32,000. Community Bank N.A. purchased a new position in Zions Bancorporation, N.A. during the 3rd quarter worth $36,000. Atlas Capital Advisors Inc. purchased a new position in Zions Bancorporation, N.A. during the 4th quarter worth $36,000. Finally, V Square Quantitative Management LLC purchased a new position in Zions Bancorporation, N.A. during the 4th quarter worth $42,000. 76.84% of the stock is currently owned by hedge funds and other institutional investors.

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.