Zions Bancorporation, N.A. (NASDAQ:ZION) Stock Price Expected to Rise, Piper Sandler Analyst Says

Zions Bancorporation, N.A. (NASDAQ:ZION) had its price objective lifted by equities research analysts at Piper Sandler from $63.00 to $65.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the bank’s stock. Piper Sandler’s price objective suggests a potential upside of 6.47% from the company’s previous close.

Several other equities analysts have also weighed in on the company. Morgan Stanley lifted their price objective on Zions Bancorporation, N.A. from $63.00 to $70.00 and gave the company an “equal weight” rating in a research note on Monday, September 29th. Baird R W raised shares of Zions Bancorporation, N.A. from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. Jefferies Financial Group raised shares of Zions Bancorporation, N.A. from a “hold” rating to a “buy” rating and increased their price objective for the stock from $55.00 to $60.00 in a research report on Wednesday, November 19th. Weiss Ratings lowered Zions Bancorporation, N.A. from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. upped their price target on shares of Zions Bancorporation, N.A. from $62.00 to $67.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $62.26.

Zions Bancorporation, N.A. Trading Up 3.3%

Shares of Zions Bancorporation, N.A. stock traded up $1.96 during mid-day trading on Wednesday, hitting $61.05. 1,688,242 shares of the stock were exchanged, compared to its average volume of 1,548,687. The stock has a market capitalization of $9.01 billion, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 1.29 and a beta of 0.85. Zions Bancorporation, N.A. has a twelve month low of $39.32 and a twelve month high of $61.72. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a 50-day simple moving average of $56.80 and a 200 day simple moving average of $55.55.

Zions Bancorporation, N.A. (NASDAQ:ZION) last released its earnings results on Monday, October 20th. The bank reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.29. The firm had revenue of $872.00 million during the quarter, compared to the consensus estimate of $842.68 million. Zions Bancorporation, N.A. had a net margin of 17.22% and a return on equity of 13.56%. During the same period in the previous year, the firm earned $1.37 earnings per share. Research analysts forecast that Zions Bancorporation, N.A. will post 5.39 EPS for the current year.

Insider Activity at Zions Bancorporation, N.A.

In related news, EVP Jennifer Anne Smith sold 2,458 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $53.11, for a total transaction of $130,544.38. Following the transaction, the executive vice president owned 27,133 shares in the company, valued at $1,441,033.63. The trade was a 8.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.77% of the stock is currently owned by company insiders.

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

Several hedge funds and other institutional investors have recently bought and sold shares of ZION. Norges Bank bought a new stake in Zions Bancorporation, N.A. during the second quarter worth $80,883,000. Allianz Asset Management GmbH grew its stake in shares of Zions Bancorporation, N.A. by 168.4% in the 2nd quarter. Allianz Asset Management GmbH now owns 1,209,455 shares of the bank’s stock worth $62,819,000 after acquiring an additional 758,855 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Zions Bancorporation, N.A. by 31.6% in the 3rd 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 in the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in shares of Zions Bancorporation, N.A. in the second quarter valued at about $32,008,000. Finally, Balyasny Asset Management L.P. bought a new position in shares of Zions Bancorporation, N.A. during the second quarter valued at about $31,224,000. 76.84% of the stock is owned by institutional investors.

Zions Bancorporation, N.A. News Roundup

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

• Positive Sentiment: Reported stronger-than-expected Q4 results: Zions posted $1.77 EPS vs. a $1.57 consensus and revenue of $891M vs. $863.8M, with net margin and ROE remaining healthy — a clear fundamental driver for the rally. View Press Release
• Positive Sentiment: PR summary and release: net earnings applicable to common shareholders were $262M, $1.76 per share (up from $1.34 a year ago), underscoring meaningful year-over-year earnings growth. PR Newswire
• Positive Sentiment: Earnings-call coverage and highlights point to expanding margins and revenue drivers discussed on the call, reinforcing the beat and giving investors clarity on quarter drivers. Earnings Call Highlights
• Positive Sentiment: Analyst note painting continued operational strength (Seeking Alpha piece), which amplifies positive sentiment after the print. Ongoing Strength
• Neutral Sentiment: Royal Bank of Canada raised its price target from $63 to $64 but kept a “sector perform” rating — a modest vote of confidence but not a bullish upgrade. Benzinga
• Neutral Sentiment: Stephens raised its target to $65 while maintaining an “equal weight” rating — incremental upside in PTs supports gains but the rating remains cautious. Benzinga
• Neutral Sentiment: TipRanks/analyst revisit maintains a neutral/hold view citing balanced risk/reward and valuation limits to near-term upside — suggests upside may be capped absent sustained beat/guidance uplift. TipRanks

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.