Zions Bancorporation, National Association (ZION) Set to Announce Quarterly Earnings on Monday

Zions Bancorporation, National Association (NASDAQ:ZION) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, October 21st. Analysts expect the company to announce earnings of $1.15 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Zions Bancorporation, National Association (NASDAQ:ZION) last released its earnings results on Monday, July 22nd. The bank reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.18. Zions Bancorporation, National Association had a return on equity of 13.85% and a net margin of 13.53%. The firm had revenue of $776.00 million for the quarter, compared to analysts’ expectations of $761.61 million. During the same period in the prior year, the firm posted $1.11 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. On average, analysts expect Zions Bancorporation, National Association to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Zions Bancorporation, National Association Trading Up 3.5 %

NASDAQ ZION opened at $49.97 on Monday. The stock has a market cap of $7.38 billion, a P/E ratio of 12.04, a P/E/G ratio of 1.80 and a beta of 1.09. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.11. Zions Bancorporation, National Association has a 12 month low of $28.90 and a 12 month high of $53.32. The stock’s fifty day moving average price is $47.02 and its 200-day moving average price is $44.93.

Zions Bancorporation, National Association Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd. Stockholders of record on Thursday, August 15th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date was Thursday, August 15th. Zions Bancorporation, National Association’s payout ratio is currently 39.52%.

Insider Buying and Selling at Zions Bancorporation, National Association

In other Zions Bancorporation, National Association news, VP Bruce K. Alexander sold 5,156 shares of Zions Bancorporation, National Association stock in a transaction on Monday, July 29th. The stock was sold at an average price of $51.83, for a total transaction of $267,235.48. Following the completion of the sale, the vice president now directly owns 17,857 shares of the company’s stock, valued at $925,528.31. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, VP Bruce K. Alexander sold 5,156 shares of Zions Bancorporation, National Association stock in a transaction on Monday, July 29th. The stock was sold at an average price of $51.83, for a total value of $267,235.48. Following the transaction, the vice president now directly owns 17,857 shares in the company, valued at approximately $925,528.31. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Terry Alan Shirey sold 1,917 shares of Zions Bancorporation, National Association stock in a transaction on Friday, July 26th. The shares were sold at an average price of $51.78, for a total value of $99,262.26. Following the completion of the transaction, the executive vice president now owns 24,640 shares in the company, valued at $1,275,859.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 67,073 shares of company stock worth $3,476,298 in the last quarter. 2.22% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ZION shares. Truist Financial lowered their price target on Zions Bancorporation, National Association from $54.00 to $52.00 and set a “hold” rating on the stock in a report on Friday, September 20th. Argus downgraded Zions Bancorporation, National Association from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. Keefe, Bruyette & Woods increased their target price on Zions Bancorporation, National Association from $44.00 to $52.00 and gave the company a “market perform” rating in a report on Tuesday, July 23rd. StockNews.com raised Zions Bancorporation, National Association from a “sell” rating to a “hold” rating in a report on Tuesday, July 30th. Finally, Robert W. Baird increased their target price on Zions Bancorporation, National Association from $50.00 to $52.00 and gave the company a “neutral” rating in a report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, nineteen have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $49.28.

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.