Zions Bancorporation, National Association (NASDAQ:ZION) Receives $48.61 Consensus Target Price from Analysts

Zions Bancorporation, National Association (NASDAQ:ZION – Get Free Report) has been assigned a consensus rating of “Reduce” from the nineteen brokerages that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has given a buy rating to the company. [...]

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Zions Bancorporation, National Association ( NASDAQ:ZION – Get Free Report ) has been assigned a consensus rating of “Reduce” from the nineteen brokerages that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $48.

61. ZION has been the topic of a number of research analyst reports. Royal Bank of Canada lifted their price target on Zions Bancorporation, National Association from $48.



00 to $54.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 23rd. Morgan Stanley upped their target price on shares of Zions Bancorporation, National Association from $42.

00 to $54.00 and gave the stock an “underweight” rating in a report on Monday, August 5th. Stephens raised their price target on shares of Zions Bancorporation, National Association from $48.

00 to $51.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 23rd. The Goldman Sachs Group boosted their price target on shares of Zions Bancorporation, National Association from $47.

00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 23rd. Finally, Compass Point increased their price objective on shares of Zions Bancorporation, National Association from $43.

00 to $52.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. View Our Latest Report on Zions Bancorporation, National Association Zions Bancorporation, National Association Stock Down 2.

4 % Zions Bancorporation, National Association ( NASDAQ:ZION – Get Free Report ) last posted its quarterly earnings data on Monday, July 22nd. The bank reported $1.28 EPS for the quarter, beating 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 business had revenue of $776.

00 million during the quarter, compared to analysts’ expectations of $761.61 million. During the same period in the previous year, the business earned $1.

11 earnings per share. The business’s revenue was down .5% compared to the same quarter last year.

On average, research analysts expect that Zions Bancorporation, National Association will post 4.53 earnings per share for the current year. Zions Bancorporation, National Association Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, August 22nd.

Investors of record on Thursday, August 15th were given a $0.41 dividend. The ex-dividend date of this dividend was Thursday, August 15th.

This represents a $1.64 annualized dividend and a yield of 3.64%.

Zions Bancorporation, National Association’s dividend payout ratio (DPR) is 41.21%. 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 the company’s stock in a transaction that occurred 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 approximately $925,528.31.

The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . In other Zions Bancorporation, National Association news, VP Bruce K. Alexander sold 5,156 shares of Zions Bancorporation, National Association stock in a transaction that occurred 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 sale, the vice president now owns 17,857 shares of the company’s stock, valued at approximately $925,528.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website .

Also, President Scott J. Mclean sold 60,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $51.

83, for a total value of $3,109,800.00. Following the transaction, the president now directly owns 74,286 shares of the company’s stock, valued at $3,850,243.

38. The disclosure for this sale can be found here . Over the last three months, insiders have sold 67,073 shares of company stock worth $3,476,298.

2.22% of the stock is owned by company insiders. Institutional Trading of Zions Bancorporation, National Association Several large investors have recently bought and sold shares of the company.

Fidelis Capital Partners LLC purchased a new position in shares of Zions Bancorporation, National Association during the 1st quarter worth approximately $27,000. Jones Financial Companies Lllp acquired a new position in shares of Zions Bancorporation, National Association in the fourth quarter worth $29,000. ORG Partners LLC acquired a new position in shares of Zions Bancorporation, National Association in the second quarter worth $33,000.

International Assets Investment Management LLC purchased a new stake in shares of Zions Bancorporation, National Association in the second quarter valued at $34,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Zions Bancorporation, National Association during the second quarter valued at $39,000. Institutional investors and hedge funds own 76.

84% of the company’s stock. Zions Bancorporation, National Association Company Profile ( Get Free Report 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.

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