With 0.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.33 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $55.1 whereas the lowest price it dropped to was $53.85. The 52-week range on ZION shows that it touched its highest point at $63.22 and its lowest point at $37.76 during that stretch. It currently has a 1-year price target of $60.42. With its current market cap of 7.99 billion, ZION has annualized dividend of $1.66 while the current yield stands at 3.07%. Beta for the stock currently stands at 1.11.
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 -1.64%, but this was down by -9.76% over a month. Three-month performance surged to 18.34% while six-month performance rose 24.16%. The stock gained 22.50% in the past year, while it has lost -0.33% so far this year. A look at the trailing 12-month EPS for ZION yields 4.39 with Next year EPS estimates of 4.96. For the next quarter, that number is 1.26. This implies an EPS growth rate of 12.13% for this year and 1.64% for next year. EPS is expected to grow by 5.10% 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, 147.70 million ZION shares are outstanding with a float of 145.36 million shares on hand for trading. On 2024-12-13, short shares totaled 5.47 million, which was 370.0 higher than short shares on 1731628800. 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 0.76886004 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 13 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 11 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ZION analysts setting a high price target of 69.0 and a low target of 52.0, the average target price over the next 12 months is 60.1. Based on these targets, ZION could surge 27.61% to reach the target high and fall by -3.83% to reach the target low. Reaching the average price target will result in a growth of 11.15% from current levels.
Analysts have provided yearly estimates in a range of $5.00407 being high and $4.73222 being low. For ZION, this leads to a yearly average estimate of $4.88325. Based on analyst estimates, the high estimate for the next quarter is $1.25 and the low estimate is $0.96. The average estimate for the next quarter is thus $1.11.
