Key Points
- EVP Christopher Kyriakakis sold 2,703 shares for $181,236 at an average price of $67.05, reducing his direct stake by 6.86% to 36,700 shares.
- Zions beat quarterly EPS estimates, reporting $1.78 versus the $1.64 consensus, though revenue of $887 million came in slightly below expectations. The bank also announced a $0.48 quarterly dividend and has authorized up to $75 million in share buybacks.
- Analyst sentiment is mixed: the stock has a consensus Hold rating and a $73.44 average price target; recent actions included both upgrades and a downgrade.
Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) EVP Christopher Kyriakakis sold 2,703 shares of the company's stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $67.05, for a total value of $181,236.15. Following the transaction, the executive vice president directly owned 36,700 shares in the company, valued at approximately $2,460,735. This represents a 6.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Zions Bancorporation, N.A. Price Performance
Shares of ZION stock opened at $66.32 on Wednesday. The company has a market capitalization of $9.61 billion, a P/E ratio of 8.14, a P/E/G ratio of 1.09 and a beta of 0.85. The company's 50-day simple moving average is $65.09 and its two-hundred day simple moving average is $64.01. Zions Bancorporation, N.A. has a one year low of $48.50 and a one year high of $73.34. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.86 and a quick ratio of 0.86.
Zions Bancorporation, N.A. (NASDAQ:ZION - Get Free Report) last posted its quarterly earnings results on Monday, October 19th. The bank reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.64 by $0.14. The business had revenue of $887.00 million for the quarter, compared to the consensus estimate of $889.52 million. Zions Bancorporation, N.A. had a return on equity of 13.77% and a net margin of 24.81%. During the same quarter in the prior year, the company earned $1.48 EPS. As a group, equities analysts anticipate that Zions Bancorporation, N.A. will post 6.73 EPS for the current year.
Zions Bancorporation, N.A. Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 12th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, November 12th. Zions Bancorporation, N.A.'s dividend payout ratio is presently 23.56%.
Zions Bancorporation, N.A. declared that its Board of Directors has initiated a stock buyback program on Thursday, July 30th that allows the company to buy back $75 million in shares. This buyback authorization allows the bank to buy up to 0.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its stock is undervalued.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Zions Bancorporation, N.A. during the 2nd quarter worth approximately $982,244,000. Dimensional Fund Advisors LP grew its stake in shares of Zions Bancorporation, N.A. by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,477,126 shares of the bank's stock valued at $430,813,000 after purchasing an additional 56,438 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Zions Bancorporation, N.A. by 28.5% in the first quarter. First Trust Advisors LP now owns 1,917,826 shares of the bank's stock valued at $110,505,000 after purchasing an additional 425,325 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Zions Bancorporation, N.A. in the second quarter valued at approximately $87,961,000. Finally, Quantinno Capital Management LP raised its stake in shares of Zions Bancorporation, N.A. by 50.1% during the first quarter. Quantinno Capital Management LP now owns 1,242,578 shares of the bank's stock worth $71,597,000 after purchasing an additional 414,902 shares during the last quarter. 76.84% of the stock is currently 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: Zacks Research increased its FY2026 EPS estimate to $6.75 from $6.51 and FY2027 to $6.64 from $6.54. It also raised estimates for several quarters, including Q4 2026 and Q2–Q3 2027, signaling somewhat stronger profit expectations. Revisions for FY2028 were nearly unchanged, at $7.01 versus $7.00.
- Neutral Sentiment: A report listed short interest at zero shares and a zero-day short-interest ratio. That suggests no measurable short position in the reported data, though the stated “large increase” in short interest conflicts with the zero-share figure.
- Negative Sentiment: Zacks Research lowered its Q1 2027 EPS estimate slightly to $1.54 from $1.55 and its Q3 2028 forecast to $1.76 from $1.82, tempering the otherwise positive revisions.
- Negative Sentiment: EVP Christopher Kyriakakis sold 2,703 shares for about $181,000, reducing his direct stake by 6.86%. The sale is a modest negative sentiment signal, although he retained 36,700 shares. SEC filing
- Negative Sentiment: Wall Street Zen downgraded ZION to Hold, a potentially cautious signal for investors. Wall Street Zen rating report
Analysts Set New Price Targets
Several equities research analysts have recently commented on ZION shares. Cantor Fitzgerald reduced their price target on shares of Zions Bancorporation, N.A. from $80.00 to $76.00 and set an "overweight" rating for the company in a report on Wednesday, October 14th. DA Davidson raised their price objective on Zions Bancorporation, N.A. from $79.00 to $80.00 and gave the company a "buy" rating in a research report on Tuesday, October 20th. Wells Fargo & Company raised their price target on shares of Zions Bancorporation, N.A. from $66.00 to $73.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Robert W. Baird raised shares of Zions Bancorporation, N.A. from a "neutral" rating to an "outperform" rating and set a $75.00 price objective on the stock in a research report on Thursday, October 15th. Finally, Wall Street Zen lowered shares of Zions Bancorporation, N.A. from a "buy" rating to a "hold" rating in a research note on Saturday. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Zions Bancorporation, N.A. has a consensus rating of "Hold" and a consensus target price of $73.44.
Get Our Latest Research Report on Zions Bancorporation, N.A.
Zions Bancorporation, N.A. Company Profile
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Zions Bancorporation, N.A. is a national bank providing commercial and retail banking services to individuals, businesses, and institutions. Its offerings include business and consumer lending, deposit accounts, treasury management, and related banking services. The bank serves customers across 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. It operates through regional banking brands, including Zions Bank, Amegy Bank, California Bank & Trust, and National Bank of Arizona.
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