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NYSE:CFR - Cullen/Frost Bankers Stock Price, Forecast & News

$93.60
-0.20 (-0.21 %)
(As of 02/16/2020 02:31 PM ET)
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Today's Range
$93.13
Now: $93.60
$93.87
50-Day Range
$89.16
MA: $94.46
$98.15
52-Week Range
$79.86
Now: $93.60
$106.23
Volume242,143 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio13.68
Dividend YieldN/A
BetaN/A
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 N/A
Sub-IndustryRegional Banks
SectorN/A
CUSIP22989910
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees4,659
Next Earnings Date4/23/2020 (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 Friday, January 31st. Investors of record on Friday, February 28th will be paid a dividend of $0.71 per share on Friday, March 13th. This represents a $2.84 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Thursday, February 27th. View Cullen/Frost Bankers' Dividend History.

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

Cullen/Frost Bankers declared that its board has initiated a stock repurchase 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 buy up to 1.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) released its quarterly earnings results on Thursday, January, 30th. The bank reported $1.60 EPS for the quarter, topping the consensus estimate of $1.57 by $0.03. The bank earned $370.29 million during the quarter, compared to the consensus estimate of $364.56 million. During the same period in the previous year, the firm earned $1.82 EPS. 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, April 23rd 2020. View Earnings Estimates for Cullen/Frost Bankers.

What price target have analysts set for CFR?

8 Wall Street analysts have issued 12 month price targets for Cullen/Frost Bankers' shares. Their forecasts range from $82.00 to $105.00. On average, they expect Cullen/Frost Bankers' stock price to reach $92.25 in the next year. This suggests that the stock has a possible downside of 1.4%. 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 4 sell ratings, 2 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 neutral recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cullen/Frost Bankers earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Cullen/Frost Bankers.

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 Verizon Communications (VZ), Alibaba Group (BABA), PepsiCo (PEP), Exxon Mobil (XOM), Amgen (AMGN), Lam Research (LRCX), Walgreens Boots Alliance (WBA), Home Depot (HD), ONEOK (OKE) and Tanger Factory Outlet Centers (SKT).

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 number of of retail and institutional investors. Top institutional investors include State Street Corp (7.89%), King Luther Capital Management Corp (3.56%), FMR LLC (3.05%), Champlain Investment Partners LLC (2.16%), Principal Financial Group Inc. (2.13%) and Bank of America Corp DE (1.36%). 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, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green, R Denny Alexander and Samuel G Dawson. 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 FMR LLC, Renaissance Technologies LLC, Lord Abbett & CO. LLC, South Dakota Investment Council, Davis R M Inc., King Luther Capital Management Corp, Cubist Systematic Strategies LLC and Montrusco Bolton Investments Inc.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including State Street Corp, Champlain Investment Partners LLC, Madison Asset Management LLC, Thrivent Financial for Lutherans, Bank of New York Mellon Corp, State of New Jersey Common Pension Fund D, First Trust Advisors LP and Northstar Investment Advisors LLC. 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 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 $93.60.


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

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  312 (Vote Outperform)
Underperform Votes:  804 (Vote Underperform)
Total Votes:  1,116
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 2/16/2020 by MarketBeat.com Staff

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