Royal Bank Of Canada Forecasts Strong Price Appreciation for Zions Bancorporation, N.A. (NASDAQ:ZION) Stock. Zions Bancorporation, N.A. had its target price lifted by Royal Bank Of Canada from $57.00 to $62.00 in a report released on Tuesday morning. They currently have a sector perform rating on the bank's stock. ZION has been the subject of several other reports. Robert W. Baird decreased their target price on shares of Zions Bancorporation, N.A. from $58.00 to $55.00 and set a 'neutral' rating for the company in a research note on Tuesday, April 22nd. Wells Fargo & Company decreased their target price on shares of Zions Bancorporation, N.A. from $58.00 to $47.00 and set an 'equal weight' rating for the company in a research note on Tuesday, April 22nd. Stephens decreased their target price on shares of Zions Bancorporation, N.A. from $54.00 to $52.00 and set an 'equal weight' rating for the company in a research note on Tuesday, April 22nd. Citigroup boosted their target price on shares of Zions Bancorporation, N.A. from $48.00 to $52.00 and gave the company a 'neutral' rating in a research note on Wednesday, July 2nd. Zions Bancorporation, N.A. Stock Performance traded down $0.31 during trading hours on Tuesday, hitting $56.54. The company has a market capitalization of $8.34 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 1.69 and a beta of 0.90. Zions Bancorporation, N.A. has a 52-week low of $39.32 and a 52-week high of $63.22. The company's 50 day moving average price is $50.83 and its 200-day moving average price is $50.81. Zions Bancorporation, N.A. last announced its quarterly earnings data on Monday, July 21st. The bank reported $1.58 EPS for the quarter, beating the consensus estimate of $1.31 by $0.27. Zions Bancorporation, N.A. had a net margin of 16.98% and a return on equity of 13.76%. The business had revenue of $838.00 million during the quarter, compared to analysts' expectations of $810.24 million. As a group, research analysts forecast that Zions Bancorporation, N.A. will post 5.39 earnings per share for the current year. Zions Bancorporation, N.A. Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were given a dividend of $0.43 per share. The ex-dividend date was Thursday, May 15th. This represents a $1.72 annualized dividend and a dividend yield of 3.04%. Zions Bancorporation, N.A.'s payout ratio is currently 31.44%. Institutional Investors Weigh In On Zions Bancorporation, N.A. Institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its holdings in shares of Zions Bancorporation, N.A. by 326.4% during the 1st quarter. AQR Capital Management LLC now owns 2,866,759 shares of the bank's stock worth $139,927,000 after acquiring an additional 2,194,514 shares during the period. Norges Bank purchased a new position in shares of Zions Bancorporation, N.A. during the 4th quarter worth about $73,542,000. Balyasny Asset Management L.P. lifted its holdings in shares of Zions Bancorporation, N.A. by 249.6% during the 4th quarter. Balyasny Asset Management L.P. now owns 1,624,521 shares of the bank's stock worth $88,130,000 after acquiring an additional 1,159,888 shares during the period. Zions Bancorporation, N.A. 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.

Zions Bancorporation, N.A. (NASDAQ:ZION) Price Target Raised to $62.00 at Royal Bank Of Canada

Royal Bank Of Canada raised its price target for Zions Bancorporation, N.A. (NASDAQ:ZION) from $57.00 to $62.00, citing strong performance. ZION reported Q2 earnings exceeding expectations, with $1.58 EPS and a 16.98% net margin. The bank also announced a $0.43 quarterly dividend, with institutional investors increasing their holdings. Analysts like Citigroup and AQR Capital Management LLC adjusted their ratings and positions, reflecting market sentiment toward the bank's financial health.