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As of close of business last night, Zions Bancorporation N.A’s stock clocked out at $45.67, down -2.89% from its previous closing price of $47.03. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 1.56 million shares were traded. ZION stock price reached its highest trading level at $47.075 during the session, while it also had its lowest trading level at $45.63.
Ratios:
To gain a deeper understanding of ZION’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.06 whereas as Long-Term Debt/Eq ratio is at 0.12.
On April 10, 2024, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $47.
Truist Downgraded its Buy to Hold on January 05, 2024, whereas the target price for the stock was revised from $51 to $46.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jul 29 ’24 when ALEXANDER BRUCE K sold 5,156 shares for $51.83 per share. The transaction valued at 267,257 led to the insider holds 17,857 shares of the business.
SHIREY TERRY ALAN sold 1,917 shares of ZION for $99,262 on Jul 26 ’24. The Executive Vice President & now owns 24,640 shares after completing the transaction at $51.78 per share. On Jul 26 ’24, another insider, MCLEAN SCOTT J, who serves as the President of the company, sold 60,000 shares for $51.85 each. As a result, the insider received 3,111,000 and left with 50,880 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZION now has a Market Capitalization of 6745321472 and an Enterprise Value of 9520301056. As of this moment, Zions’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.00, and their Forward P/E ratio for the next fiscal year is 9.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 3.222.
Stock Price History:
Over the past 52 weeks, ZION has reached a high of $53.32, while it has fallen to a 52-week low of $28.90. The 50-Day Moving Average of the stock is -4.71%, while the 200-Day Moving Average is calculated to be 5.00%.
Shares Statistics:
It appears that ZION traded 1.67M shares on average per day over the past three months and 1551680 shares per day over the past ten days. A total of 148.15M shares are outstanding, with a floating share count of 145.31M. Insiders hold about 1.62% of the company’s shares, while institutions hold 77.98% stake in the company. Shares short for ZION as of 1724976000 were 6352133 with a Short Ratio of 3.76, compared to 1722384000 on 7820638. Therefore, it implies a Short% of Shares Outstanding of 6352133 and a Short% of Float of 5.08.
Dividends & Splits
With its trailing 12-month dividend rate of 1.64, ZION has a forward annual dividend rate of 1.64. Against a Trailing Annual Dividend Yield of 0.03487136The stock’s 5-year Average Dividend Yield is 3.44.
