A significant driver of top-line growth: Zions Bancorporation N.A (ZION)

With 2.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.3 million shares. The 52-week range on ZION shows that it touched its highest point at $46.15 and its lowest point at $18.26 during that stretch. It currently has a 1-year price target of $45.36. With its current market cap of 6.28 billion, ZION has annualized dividend of $1.64 while the current yield stands at 3.87%. Beta for the stock currently stands at 1.12.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ZION was up-trending over the past week, with a rise of 3.41%, but this was up by 9.41% over a month. Three-month performance dropped to -3.31% while six-month performance rose 21.58%. The stock gained 40.00% in the past year, while it has lost -3.31% so far this year. A look at the trailing 12-month EPS for ZION yields 4.36 with Next year EPS estimates of 4.62. For the next quarter, that number is 0.95. This implies an EPS growth rate of -3.10% for this year and 9.53% for next year. EPS is expected to grow by 4.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.26%.

Float and Shares Shorts:

At present, 148.15 million ZION shares are outstanding with a float of 145.73 million shares on hand for trading. On Mar 15, 2024, short shares totaled 11.72 million, which was 7.94% higher than short shares on Feb 15, 2024. In addition to ION as the firm’s ProShares Trust ProShares S&P G, ZNOG serves as its Zion Oil.

Institutional Ownership:

Through their ownership of 76.73% of ZION’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZION since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, ZION has a current ratio of $1.64, which is $1.64 over the trailing 12-months, while a dividend of $– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and ZION currently yields $3.87. In the past year, ZION’s dividend yield has been $3.87, but when looking at the stock over the past five years, its yield has been $3.08. Accordingly, ZION has a current buyback yield of $0.77. This was $0.77 for the TTM, and it was $2.50 for the past five years.