DA Davidson Issues Positive Outlook for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities research analysts at DA Davidson increased their Q2 2025 earnings estimates for Cullen/Frost Bankers in a research report issued to clients and investors on Friday, June 27th. DA Davidson analyst P. Winter now expects that the bank will earn $2.34 per share for the quarter, up from their prior forecast of $2.33. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.85 per share.

A number of other brokerages have also recently issued reports on CFR. Evercore ISI raised Cullen/Frost Bankers from an "underperform" rating to an "in-line" rating and set a $132.00 price objective for the company in a report on Friday, May 2nd. Barclays increased their price objective on shares of Cullen/Frost Bankers from $130.00 to $135.00 and gave the company an "equal weight" rating in a report on Friday, May 2nd. Morgan Stanley lowered their price target on Cullen/Frost Bankers from $132.00 to $120.00 and set an "underweight" rating for the company in a research note on Thursday, March 13th. Stephens increased their price target on Cullen/Frost Bankers from $138.00 to $141.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Finally, Royal Bank Of Canada decreased their price objective on Cullen/Frost Bankers from $147.00 to $140.00 and set a "sector perform" rating for the company in a report on Friday, May 2nd. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $132.08.

Cullen/Frost Bankers Stock Performance

NYSE:CFR opened at $128.95 on Monday. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $8.29 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 4.91 and a beta of 0.68. Cullen/Frost Bankers has a 12-month low of $96.94 and a 12-month high of $147.64. The firm has a 50-day moving average price of $125.01 and a 200 day moving average price of $128.73.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The bank reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.17 by $0.13. Cullen/Frost Bankers had a return on equity of 15.70% and a net margin of 20.89%. The firm had revenue of $560.42 million for the quarter, compared to analyst estimates of $540.57 million. During the same period in the previous year, the company posted $2.15 earnings per share.

Institutional Investors Weigh In On Cullen/Frost Bankers

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp increased its holdings in Cullen/Frost Bankers by 2.4% during the 4th quarter. Bank of New York Mellon Corp now owns 611,722 shares of the bank's stock worth $82,124,000 after purchasing an additional 14,422 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in Cullen/Frost Bankers during the 4th quarter valued at about $1,013,000. Oppenheimer & Co. Inc. grew its holdings in Cullen/Frost Bankers by 30.7% during the 4th quarter. Oppenheimer & Co. Inc. now owns 12,019 shares of the bank's stock valued at $1,614,000 after buying an additional 2,824 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Cullen/Frost Bankers during the fourth quarter valued at about $5,101,000. Finally, Versor Investments LP purchased a new stake in shares of Cullen/Frost Bankers in the fourth quarter worth about $537,000. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cullen/Frost Bankers news, CAO Matthew Bradley Henson acquired 1,870 shares of the stock in a transaction dated Friday, May 2nd. The stock was purchased at an average cost of $16.93 per share, with a total value of $31,659.10. Following the transaction, the chief accounting officer now owns 5,545 shares in the company, valued at approximately $93,876.85. The trade was a 50.88% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. 1.20% of the stock is owned by corporate insiders.

Cullen/Frost Bankers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Friday, May 30th. This is a boost from Cullen/Frost Bankers's previous quarterly dividend of $0.95. Cullen/Frost Bankers's dividend payout ratio is presently 43.91%.

Cullen/Frost Bankers Company Profile

Cullen/Frost Bankers, Inc operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services.

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