TD Cowen Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock

Zions Bancorporation, N.A. (NASDAQ:ZION) had its target price boosted by TD Cowen from $64.00 to $65.00 in a report released on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the bank’s stock. TD Cowen’s price objective indicates a potential upside of 4.96% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Citigroup lifted their target price on shares of Zions Bancorporation, N.A. from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Brean Capital began coverage on shares of Zions Bancorporation, N.A. in a research note on Thursday, March 12th. They issued a “neutral” rating for the company. Evercore lifted their price objective on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “in-line” rating in a research note on Thursday, February 5th. Robert W. Baird lifted their price objective on shares of Zions Bancorporation, N.A. from $65.00 to $68.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Morgan Stanley decreased their price objective on shares of Zions Bancorporation, N.A. from $75.00 to $68.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $63.63.

Zions Bancorporation, N.A. Stock Performance

ZION stock traded down $1.12 during trading on Tuesday, reaching $61.93. The company had a trading volume of 1,141,274 shares, compared to its average volume of 1,822,420. The firm has a 50-day simple moving average of $58.57 and a 200-day simple moving average of $57.10. The company has a market cap of $9.11 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 2.11 and a beta of 0.81. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 0.86. Zions Bancorporation, N.A. has a twelve month low of $39.42 and a twelve month high of $66.18.

Zions Bancorporation, N.A. (NASDAQ:ZION) last released its earnings results on Monday, April 20th. The bank reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The company had revenue of $849.00 million during the quarter, compared to analysts’ expectations of $853.73 million. Zions Bancorporation, N.A. had a net margin of 18.19% and a return on equity of 13.70%. During the same period last year, the business earned $1.13 EPS. As a group, sell-side analysts expect that Zions Bancorporation, N.A. will post 6.25 earnings per share for the current year.

Insider Activity

In other news, EVP Steven Dan Stephens sold 15,476 shares of Zions Bancorporation, N.A. stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $65.90, for a total transaction of $1,019,868.40. Following the completion of the transaction, the executive vice president directly owned 41,127 shares of the company’s stock, valued at $2,710,269.30. The trade was a 27.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Harris H. Simmons bought 4,500 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were purchased at an average cost of $59.03 per share, with a total value of $265,635.00. Following the completion of the acquisition, the chief executive officer owned 1,317,493 shares in the company, valued at approximately $77,771,611.79. This represents a 0.34% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders sold 55,581 shares of company stock worth $3,498,774. 1.43% of the stock is currently owned by corporate insiders.

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

Several institutional investors have recently made changes to their positions in ZION. Norges Bank acquired a new position in Zions Bancorporation, N.A. during the fourth quarter worth $105,700,000. Balyasny Asset Management L.P. raised its position in Zions Bancorporation, N.A. by 1,270.5% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,146,992 shares of the bank’s stock worth $67,145,000 after acquiring an additional 1,063,303 shares during the period. AQR Capital Management LLC raised its position in Zions Bancorporation, N.A. by 31.6% during 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 period. Adage Capital Partners GP L.L.C. acquired a new position in Zions Bancorporation, N.A. during the second quarter worth $32,008,000. Finally, FIL Ltd raised its position in Zions Bancorporation, N.A. by 117.6% during the fourth quarter. FIL Ltd now owns 1,113,079 shares of the bank’s stock worth $65,160,000 after acquiring an additional 601,610 shares during the period. 76.84% of the stock is owned by hedge funds and other institutional investors.

Zions Bancorporation, N.A. News Roundup

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

• Positive Sentiment: Q1 EPS beat and profitable quarter: Zions reported net earnings of $232M, $1.56 EPS vs. $1.43 consensus, driven by lower funding costs, a better interest‑earning asset mix, improved margins, loan & deposit growth and better credit quality. PR Newswire: Q1 Results
• Positive Sentiment: Analysts raising targets: Several firms lifted price targets after the results — Robert W. Baird to $68 (outperform), RBC to $68 (sector perform) and Truist to $66 (hold) — signaling improved analyst confidence and incremental upside in estimates. Benzinga: Analyst Actions
• Neutral Sentiment: Analyst note on outlook: Some analysts highlight intact 2026 operating‑leverage potential but flag near‑term NII pressure — a mixed view that supports medium‑term upside but creates short‑term uncertainty. TipRanks: Analyst Note
• Neutral Sentiment: Further analyst commentary and transcripts available: Earnings call transcript and follow‑up pieces (Seeking Alpha) provide detail for investors reviewing underwriting quality and management commentary on expense and NII trends. Seeking Alpha: Call Transcript
• Negative Sentiment: Revenue miss and rising expenses temper the print: Revenue came in slightly below consensus and management noted higher operating expenses, which along with potential near‑term NII headwinds is likely the main reason the stock is trading down despite the EPS beat. Zacks: Q1 Analysis

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.