NYSE:CFRCullen/Frost Bankers Stock Price, Forecast & News

Cullen/Frost Bankers' stock was trading at $56.45 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CFR stock has increased by 17.0% and is now trading at $66.02. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cullen/Frost Bankers.

Cullen/Frost Bankers is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Cullen/Frost Bankers.

Cullen/Frost Bankers, Inc. (NYSE:CFR) released its quarterly earnings results on Thursday, April, 30th. The bank reported $0.75 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by $0.16. The bank earned $481.37 million during the quarter, compared to analysts' expectations of $364.53 million. Cullen/Frost Bankers had a net margin of 23.89% and a return on equity of 10.23%. During the same period last year, the business posted $1.79 EPS. View Cullen/Frost Bankers' earnings history.

Cullen/Frost Bankers announced a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 29th will be paid a dividend of $0.71 per share on Monday, June 15th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date of this dividend is Thursday, May 28th. View Cullen/Frost Bankers' dividend history.

Cullen/Frost Bankers announced that its Board of Directors has initiated a stock repurchase program on Thursday, July 25th 2019, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 1.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

11 analysts have issued 1 year price targets for Cullen/Frost Bankers' stock. Their forecasts range from $60.00 to $97.00. On average, they anticipate Cullen/Frost Bankers' stock price to reach $77.70 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price. View analysts' price targets for Cullen/Frost Bankers.

Headlines about CFR stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of -2.4 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about Cullen/Frost Bankers.

Cullen/Frost Bankers saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,480,000 shares, a decline of 10.3% from the June 15th total of 3,880,000 shares. Based on an average daily volume of 602,900 shares, the days-to-cover ratio is currently 5.8 days. Approximately 6.3% of the shares of the stock are sold short. View Cullen/Frost Bankers' Current Options Chain.

Some companies that are related to Cullen/Frost Bankers include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Verizon Communications (VZ), Alibaba Group (BABA), PepsiCo (PEP), Exxon Mobil (XOM), Amgen (AMGN), Chevron (CVX), Lam Research (LRCX), ONEOK (OKE), United Technologies (UTX) and Walgreens Boots Alliance (WBA).

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

Cullen/Frost Bankers' stock is owned by a number of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.37%), Envestnet Asset Management Inc. (0.06%), Symphony Financial Ltd. Co. (0.01%), Diversified Trust Co (0.01%) and Martin Capital Partners LLC (0.01%). Company insiders that own Cullen/Frost Bankers stock include Bobby Berman, Carlos Alvarez, Carol Jean Severyn, Charles W Matthews, Chris Avery, Cynthia Jane Comparin, Graham M Weston, Jerry Salinas, Patrick B Frost, Paul Bracher, Phillip D Green, Samuel G Dawson and William L Perotti. View institutional ownership trends for Cullen/Frost Bankers.

CFR stock was sold by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Jerry Salinas, Patrick B Frost, Paul Bracher, and William L Perotti. View insider buying and selling activity for Cullen/Frost Bankers.

CFR stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Martin Capital Partners LLC, Envestnet Asset Management Inc., and Diversified Trust Co. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Carlos Alvarez, Charles W Matthews, Chris Avery, Cynthia Jane Comparin, Graham M Weston, and Samuel G Dawson. View insider buying and selling activity for 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.

One share of CFR stock can currently be purchased for approximately $66.02.

Cullen/Frost Bankers has a market capitalization of $4.13 billion and generates $1.50 billion in revenue each year. The bank earns $443.60 million in net income (profit) each year or $6.84 on an earnings per share basis. Cullen/Frost Bankers employs 4,659 workers across the globe.

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

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]