Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target Raised to $68.00

Zions Bancorporation, N.A. (NASDAQ:ZION) had its price target increased by stock analysts at Robert W. Baird from $65.00 to $68.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has an “outperform” rating on the bank’s stock. Robert W. Baird’s price target would suggest a potential upside of 7.85% from the company’s current price.

Several other research analysts also recently weighed in on the company. Citigroup lifted their target price on Zions Bancorporation, N.A. from $62.00 to $64.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Barclays lifted their target price 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. TD Cowen lifted their price target on Zions Bancorporation, N.A. from $63.00 to $64.00 and gave the company a “hold” rating in a research note on Wednesday, January 21st. Royal Bank Of Canada lifted their price target on Zions Bancorporation, N.A. from $63.00 to $64.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 21st. Finally, Weiss Ratings upgraded Zions Bancorporation, N.A. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Zions Bancorporation, N.A. currently has a consensus rating of “Hold” and an average target price of $62.95.

Zions Bancorporation, N.A. Trading Up 0.5%

Shares of ZION stock opened at $63.05 on Tuesday. The business’s 50 day moving average is $58.57 and its two-hundred day moving average is $57.10. Zions Bancorporation, N.A. has a twelve month low of $39.42 and a twelve month high of $66.18. The company has a market capitalization of $9.27 billion, a P/E ratio of 10.51, a price-to-earnings-growth ratio of 2.11 and a beta of 0.81. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64.

Zions Bancorporation, N.A. (NASDAQ:ZION) last announced its 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 13.70% and a net margin of 18.19%.The company had revenue of $849.00 million for the quarter, compared to the consensus estimate of $853.73 million. During the same period last year, the business posted $1.13 EPS. Equities analysts forecast that Zions Bancorporation, N.A. will post 6.25 EPS for the current year.

Insider Activity at Zions Bancorporation, N.A.

In other Zions Bancorporation, N.A. news, EVP Steven Dan Stephens sold 15,476 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $65.90, for a total transaction of $1,019,868.40. Following the sale, the executive vice president directly owned 41,127 shares in the company, valued at approximately $2,710,269.30. The trade was a 27.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jennifer Anne Smith sold 2,089 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $62.48, for a total value of $130,520.72. Following the sale, the executive vice president owned 22,733 shares in the company, valued at approximately $1,420,357.84. The trade was a 8.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 55,581 shares of company stock valued at $3,498,774 in the last 90 days. 1.43% of the stock is owned by corporate insiders.

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

A number of institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in shares of Zions Bancorporation, N.A. by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,420,688 shares of the bank’s stock worth $434,407,000 after acquiring an additional 77,612 shares during the last quarter. LSV Asset Management raised its holdings in shares of Zions Bancorporation, N.A. by 1.3% in the fourth quarter. LSV Asset Management now owns 3,888,064 shares of the bank’s stock worth $227,607,000 after acquiring an additional 48,346 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in shares of Zions Bancorporation, N.A. by 14.4% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 3,244,014 shares of the bank’s stock worth $183,546,000 after acquiring an additional 409,065 shares during the last quarter. Morgan Stanley raised its holdings in shares of Zions Bancorporation, N.A. by 10.8% in the fourth quarter. Morgan Stanley now owns 3,151,319 shares of the bank’s stock worth $184,478,000 after acquiring an additional 306,717 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Zions Bancorporation, N.A. by 31.6% in the third quarter. AQR Capital Management LLC now owns 2,963,545 shares of the bank’s stock worth $167,677,000 after acquiring an additional 711,218 shares during the last quarter. 76.84% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Zions Bancorporation, N.A.

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

• Positive Sentiment: Earnings beat and solid profitability — Zions reported net earnings of $232M, or $1.56 EPS, topping consensus and showing year-over-year improvement; return on equity (13.7%) and net margin (~18.2%) look healthy. PR News Release
• Positive Sentiment: Funding-cost and asset-mix tailwinds — Management cited lower funding costs and an improved interest‑earning asset mix as drivers of higher net interest margin and profit growth. This helps margin sustainability if trends continue. WSJ Article
• Positive Sentiment: Underwriting and credit quality highlighted as strengths — analyst writeups and the earnings call note that loan underwriting remained disciplined and asset quality held up, which reduces headline risk for the bank. Seeking Alpha: Underwriting Analysis Earnings Call Transcript
• Neutral Sentiment: Analyst outlook and materials — Street models appear constructive (background consensus ~6.25 EPS for the year); the company posted an investor slide deck and call transcript for deeper review. These items provide context but are not immediate catalysts. Slide Deck
• Negative Sentiment: Revenue slightly missed consensus — total revenue was $849M vs. a consensus near $853.7M, a small miss that could cap upside until top-line momentum is clearer. Zacks: Key Metrics

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.