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

Cullen/Frost Bankers' stock was trading at $56.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CFR stock has increased by 32.5% and is now trading at $74.82.
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12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 6 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Cullen/Frost Bankers is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Cullen/Frost Bankers.

Cullen/Frost Bankers, Inc. (NYSE:CFR) released its earnings results on Thursday, July, 30th. The bank reported $1.47 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.70. The bank earned $347.32 million during the quarter, compared to analyst estimates of $357.31 million. Cullen/Frost Bankers had a return on equity of 7.27% and a net margin of 23.29%. During the same quarter in the previous year, the firm earned $1.72 EPS.
View Cullen/Frost Bankers' earnings history.

Cullen/Frost Bankers announced a quarterly dividend on Friday, July 31st. Stockholders of record on Monday, August 31st will be given a dividend of $0.71 per share on Tuesday, September 15th. This represents a $2.84 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date is Friday, August 28th.
View Cullen/Frost Bankers' dividend history.

Cullen/Frost Bankers announced that its board has approved a stock buyback program on Thursday, July 25th 2019, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 1.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

12 Wall Street analysts have issued 12 month price objectives 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 $78.80 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
View analysts' price targets for Cullen/Frost Bankers.

Media coverage about CFR stock has trended very positive on Saturday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a coverage optimism score of 4.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
View the latest news about Cullen/Frost Bankers.

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), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and First Financial Bankshares (FFIN).
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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 shareholders include Principal Financial Group Inc. (1.79%), Cullen Frost Bankers Inc. (0.47%), Confluence Investment Management LLC (0.37%), Palisade Capital Management LLC NJ (0.35%), ProShare Advisors LLC (0.33%) and Bartlett & Co. LLC (0.22%). 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 Davis R M Inc., Russell Investments Group Ltd., PNC Financial Services Group Inc., RMB Capital Management LLC, WINTON GROUP Ltd, Raymond James & Associates, Howland Capital Management LLC, and Callahan Advisors LLC. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Jerry Salinas, Paul Bracher, and William L Perotti.
View insider buying and selling activity for Cullen/Frost Bankers.

CFR stock was purchased by a variety of institutional investors in the last quarter, including ProShare Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Rafferty Asset Management LLC, Cullen Frost Bankers Inc., Assenagon Asset Management S.A., Swiss National Bank, B & T Capital Management DBA Alpha Capital Management, and UBS Group AG. 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 $74.82.

Cullen/Frost Bankers has a market capitalization of $4.69 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]