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Cullen/Frost Bankers Stock Price, Forecast & Analysis (NYSE:CFR)

$94.20
+0.73 (+0.78 %)
(As of 11/20/2019 07:43 AM ET)
Today's Range
$93.13
Now: $94.20
$94.52
50-Day Range
$83.33
MA: $90.48
$95.19
52-Week Range
$79.86
Now: $94.20
$106.23
Volume359,318 shs
Average Volume430,913 shs
Market Capitalization$5.89 billion
P/E Ratio13.65
Dividend Yield3.02%
Beta1.37
Cullen/Frost Bankers, Inc operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP22989910
Phone210-220-4011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.40 billion
Cash Flow$9.42 per share
Book Value$51.19 per share

Profitability

Net Income$454.91 million

Miscellaneous

Employees4,370
Market Cap$5.89 billion
Next Earnings Date1/30/2020 (Estimated)
OptionableOptionable

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Cullen/Frost Bankers (NYSE:CFR) Frequently Asked Questions

What is Cullen/Frost Bankers' stock symbol?

Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR."

How often does Cullen/Frost Bankers pay dividends? What is the dividend yield for Cullen/Frost Bankers?

Cullen/Frost Bankers announced a quarterly dividend on Thursday, July 25th. Shareholders of record on Friday, August 30th will be given a dividend of $0.71 per share on Friday, September 13th. This represents a $2.84 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend is Thursday, August 29th. View Cullen/Frost Bankers' Dividend History.

How will Cullen/Frost Bankers' stock buyback program work?

Cullen/Frost Bankers declared that its Board of Directors has initiated a stock buyback plan on Thursday, July 25th 2019, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) issued its quarterly earnings results on Thursday, October, 31st. The bank reported $1.73 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.69 by $0.04. The bank earned $365.84 million during the quarter, compared to the consensus estimate of $364.56 million. Cullen/Frost Bankers had a return on equity of 13.11% and a net margin of 30.76%. During the same quarter in the previous year, the business earned $1.78 earnings per share. View Cullen/Frost Bankers' Earnings History.

When is Cullen/Frost Bankers' next earnings date?

Cullen/Frost Bankers is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Cullen/Frost Bankers.

What price target have analysts set for CFR?

8 brokers have issued 12 month target prices for Cullen/Frost Bankers' stock. Their forecasts range from $82.00 to $105.00. On average, they expect Cullen/Frost Bankers' share price to reach $93.13 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for Cullen/Frost Bankers.

What is the consensus analysts' recommendation for Cullen/Frost Bankers?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 3 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cullen/Frost Bankers.

What are Wall Street analysts saying about Cullen/Frost Bankers stock?

Here are some recent quotes from research analysts about Cullen/Frost Bankers stock:
  • 1. According to Zacks Investment Research, "Shares of Cullen/Frost have underperformed the industry, over the past three months. The first-quarter 2019 results indicated top-line strength, elevated expenses and provisions. The company’s significant exposure to real estate in its loan portfolio remains a concern. Further, rising costs, mainly resulting from expanding franchise, are likely to deter bottom-line growth. Also, continued deterioration in credit quality will likely escalate borrowing costs for the company. However, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in all the trailing four quarters. With a rising interest-rate environment and improving non-interest bearing deposits, the company's net interest income and net interest margin are likely to grow." (5/20/2019)
  • 2. Maxim Group analysts commented, "1Q19 EPS of $1.79 beat consensus of $1.74, driven by a wider NIM (up 7bps linked-quarter). on hold and LIBOR down, further NIM expansion is unlikely, so we are tempering previous stronger growth expectations. We are lowering our price target to $110, from $115. This equates to 15.3x our newly-introduced 2020 EPS estimate of $7.20 (versus a 2019E P/E multiple of 16.0x for our previous PT), which is inline with best-in-class Smid-Cap banks. Relative to other banks, CFR has superior organic growth prospects and a superior credit culture, in our view." (4/26/2019)

Has Cullen/Frost Bankers been receiving favorable news coverage?

Media headlines about CFR stock have trended very positive on Wednesday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cullen/Frost Bankers earned a coverage optimism score of 3.6 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Cullen/Frost Bankers.

Are investors shorting Cullen/Frost Bankers?

Cullen/Frost Bankers saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 2,860,000 shares, a drop of 14.4% from the September 30th total of 3,340,000 shares. Based on an average daily volume of 386,800 shares, the days-to-cover ratio is presently 7.4 days. Approximately 5.0% of the shares of the company are short sold. View Cullen/Frost Bankers' Current Options Chain.

Who are some of Cullen/Frost Bankers' key competitors?

What other stocks do shareholders of Cullen/Frost Bankers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Alibaba Group (BABA), Verizon Communications (VZ), Lam Research (LRCX), PepsiCo (PEP), Applied Materials (AMAT), Amgen (AMGN), Broadcom (AVGO), NVIDIA (NVDA), Boeing (BA) and Chevron (CVX).

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the folowing people:
  • Mr. Phillip D. Green, Chairman & CEO (Age 64)
  • Mr. Paul H. Bracher, Pres (Age 62)
  • Mr. Jerry Salinas, Group Exec. VP & CFO (Age 60)
  • Mr. William L. Perotti, Group Exec. VP & Chief Credit Officer (Age 61)
  • Sosuke Takemura, Head of Fin.

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Cullen Frost Bankers Inc. (0.48%), Davis R M Inc. (0.43%), Massachusetts Financial Services Co. MA (0.37%), Confluence Investment Management LLC (0.32%), Russell Investments Group Ltd. (0.25%) and Bartlett & Co. LLC (0.24%). Company insiders that own Cullen/Frost Bankers stock include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Charles W Matthews, Cynthia Jane Comparin, Gary C Mcknight, Graham M Weston, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green, R Denny Alexander, Samuel G Dawson and William L Perotti. View Institutional Ownership Trends for Cullen/Frost Bankers.

Which major investors are selling Cullen/Frost Bankers stock?

CFR stock was sold by a variety of institutional investors in the last quarter, including Davis R M Inc., Hancock Whitney Corp, Keybank National Association OH, SG Americas Securities LLC, Rhumbline Advisers, Lawson Kroeker Investment Management Inc. NE, Retirement Systems of Alabama and Chicago Equity Partners LLC. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Carol Jean Severyn, Jerry Salinas, Patrick B Frost, Paul Bracher and Phillip D Green. View Insider Buying and Selling for Cullen/Frost Bankers.

Which major investors are buying Cullen/Frost Bankers stock?

CFR stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Massachusetts Financial Services Co. MA, Cullen Frost Bankers Inc., Confluence Investment Management LLC, First Trust Advisors LP, Pegasus Partners Ltd., Oppenheimer & Co. Inc. and First National Bank of Omaha. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Carlos Alvarez, Charles W Matthews, Cynthia Jane Comparin, Graham M Weston and Samuel G Dawson. View Insider Buying and Selling for Cullen/Frost Bankers.

How do I buy shares of Cullen/Frost Bankers?

Shares of CFR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cullen/Frost Bankers' stock price today?

One share of CFR stock can currently be purchased for approximately $94.20.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $5.89 billion and generates $1.40 billion in revenue each year. The bank earns $454.91 million in net income (profit) each year or $6.90 on an earnings per share basis. Cullen/Frost Bankers employs 4,370 workers across the globe.View Additional Information About Cullen/Frost Bankers.

What is Cullen/Frost Bankers' official website?

The official website for Cullen/Frost Bankers is http://www.frostbank.com/.

How can I contact Cullen/Frost Bankers?

Cullen/Frost Bankers' mailing address is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. The bank can be reached via phone at 210-220-4011 or via email at [email protected]


MarketBeat Community Rating for Cullen/Frost Bankers (NYSE CFR)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  780 (Vote Underperform)
Total Votes:  1,082
MarketBeat's community ratings are surveys of what our community members think about Cullen/Frost Bankers and other stocks. Vote "Outperform" if you believe CFR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2019 by MarketBeat.com Staff

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