Somewhat Positive News Coverage Somewhat Unlikely to Affect Zions Bancorp (ZION) Share Price
Media headlines about Zions Bancorp (NASDAQ:ZION) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Zions Bancorp earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the bank an impact score of 47.1196974292017 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Zions Bancorporation (NASDAQ:ZION): Ex-Dividend Is Coming In 3 Days, Should You Buy? (finance.yahoo.com)
- Zions Bancorp (ZION) Expected to Announce Earnings of $0.82 Per Share (americanbankingnews.com)
- Real Monarchs SLC Name Danny Cruz Assistant Coach (oursportscentral.com)
- Tooele student’s video selected as national contest finalist (topix.com)
- ‘Hamilton’ public tickets to go on sale Friday morning (heraldextra.com)
Zions Bancorp (ZION) opened at $51.64 on Friday. The company has a market capitalization of $10,016.85, a price-to-earnings ratio of 19.86, a P/E/G ratio of 1.50 and a beta of 1.45. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.05. Zions Bancorp has a twelve month low of $38.43 and a twelve month high of $55.61.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Investors of record on Thursday, February 15th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from Zions Bancorp’s previous quarterly dividend of $0.16. Zions Bancorp’s dividend payout ratio is 24.62%.
A number of analysts have recently weighed in on ZION shares. Zacks Investment Research raised Zions Bancorp from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research report on Wednesday, December 27th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $60.00 price objective on shares of Zions Bancorp in a research report on Friday, December 22nd. BidaskClub raised Zions Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, December 6th. B. Riley set a $54.00 price objective on Zions Bancorp and gave the stock a “buy” rating in a research report on Monday, November 20th. Finally, FBR & Co reaffirmed a “buy” rating and set a $54.00 price objective on shares of Zions Bancorp in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $54.78.
In other Zions Bancorp news, EVP Keith D. Maio sold 13,019 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $46.44, for a total transaction of $604,602.36. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Thomas E. Laursen sold 1,250 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $54.28, for a total value of $67,850.00. The disclosure for this sale can be found here. Insiders sold 52,425 shares of company stock worth $2,513,426 in the last three months. 1.46% of the stock is currently owned by corporate insiders.
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Zions Bancorp Company Profile
Zions Bancorporation is a financial holding company. The Company conducts its banking operations through separately managed and branded segments, including Zions Bank, Amegy Bank, California Bank & Trust, National Bank of Arizona, Nevada State Bank (NSB), Vectra Bank Colorado, The Commerce Bank of Washington (TCBW) and Other.
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