Zions Bancorporation N.A (NASDAQ: ZION) is 5.59% higher on its value in year-to-date trading and has touched a low of $37.76 and a high of $63.22 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZION stock was last observed hovering at around $58.20 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $57.28, the stock is 4.41% and 0.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing -1.58% at the moment leaves the stock 18.03% off its SMA200. ZION registered 39.16% gain for a year compared to 6-month gain of 13.34%. The firm has a 50-day simple moving average (SMA 50) of $57.2272 and a 200-day simple moving average (SMA200) of $48.52955.
The stock witnessed a -0.68% loss in the last 1 month and extending the period to 3 months gives it a 13.43%, and is 4.39% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.11% over the week and 2.95% over the month.
Zions Bancorporation N.A (ZION) has around 9679 employees, a market worth around $8.46B and $4.94B in sales. Current P/E ratio is 13.04 and Fwd P/E is 11.43. Profit margin for the company is 13.10%. Distance from 52-week low is 51.71% and -9.40% from its 52-week high. The company has generated returns on investments over the last 12 months (9.09%).
with sales reaching $787.5M over the same period.The EPS is expected to grow by 12.32% this year, but quarterly earnings will post -1.73% year-over-year. Quarterly sales are estimated to grow 6.27% in year-over-year returns.
605.0 institutions hold shares in Zions Bancorporation N.A (ZION), with institutional investors hold 78.17% of the company’s shares. The shares outstanding are 147.70M, and float is at 145.36M with Short Float at 3.10%. Institutions hold 76.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.35 million shares valued at $795.91 million. The investor’s holdings represent 12.4554 of the ZION Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.33 million shares valued at $578.02 million to account for 9.0456 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.25 million shares representing 4.2412 and valued at over $271.0 million, while STATE STREET CORP holds 4.1706 of the shares totaling 6.14 million with a market value of $266.51 million.
Zions Bancorporation N.A (ZION) Insider Activity
The most recent transaction is an insider sale by MCLEAN SCOTT J, the company’s President. SEC filings show that MCLEAN SCOTT J sold 890 shares of the company’s common stock on Dec 17 ’24 at a price of $59.92 per share for a total of $53329.0. Following the sale, the insider now owns 73396.0 shares.
Zions Bancorporation N.A disclosed in a document filed with the SEC on Dec 17 ’24 that STEPHENS STEVEN DAN (Executive Vice President) sold a total of 388 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $59.92 per share for $23249.0. Following the transaction, the insider now directly holds 45136.0 shares of the ZION stock.
Still, SEC filings show that on Dec 17 ’24, Miller Rena A. (Executive VP & General Counsel) disposed off 116 shares at an average price of $59.92 for $6951.0. The insider now directly holds 6,660 shares of Zions Bancorporation N.A (ZION).
