With 1.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.67 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $47.075 whereas the lowest price it dropped to was $45.63. The 52-week range on ZION shows that it touched its highest point at $53.32 and its lowest point at $28.90 during that stretch. It currently has a 1-year price target of $51.93. With its current market cap of 6.75 billion, ZION has annualized dividend of $1.64 while the current yield stands at 3.59%. Beta for the stock currently stands at 1.08.
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 down-trending over the past week, with a drop of -2.85%, but this was down by -6.93% over a month. Three-month performance surged to 9.13% while six-month performance rose 10.88%. The stock gained 32.07% in the past year, while it has gained 4.10% so far this year. A look at the trailing 12-month EPS for ZION yields 4.15 with Next year EPS estimates of 4.77. For the next quarter, that number is 1.17. This implies an EPS growth rate of 5.41% for this year and 3.94% for next year. EPS is expected to decline by -8.32% 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 145.31 million shares on hand for trading. On 2024-08-30, short shares totaled 6.35 million, which was 430.0 higher than short shares on 1722384000. In addition to Mr. Harris Henry Simmons as the firm’s Chairman & CEO, Mr. Scott J. McLean serves as its President, COO & Director.
Institutional Ownership:
Through their ownership of 0.78269 of ZION’s outstanding shares, institutional investors have minority 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.
