NYSE:CFR - Cullen/Frost Bankers Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cullen/Frost Bankers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $88.99 -1.63 (-1.80 %) (As of 02/25/2020 04:00 PM ET) Add Compare Today's Range$87.53Now: $88.99▼$91.1850-Day Range$88.99MA: $93.41▼$96.2252-Week Range$79.86Now: $88.99▼$105.56Volume534,117 shsAverage Volume339,924 shsMarket Capitalization$5.58 billionP/E Ratio13.01Dividend Yield3.13%Beta1.37 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:CFR Previous Symbol CUSIP22989910 CIK39263 Webhttp://www.frostbank.com/ Phone210-220-4011Debt Debt-to-Equity Ratio0.06 Current Ratio0.63 Quick Ratio0.63Price-To-Earnings Trailing P/E Ratio13.01 Forward P/E Ratio14.54 P/E Growth1.6 Sales & Book Value Annual Sales$1.50 billion Price / Sales3.72 Cash Flow$9.36 per share Price / Cash Flow9.51 Book Value$60.10 per share Price / Book1.48Profitability EPS (Most Recent Fiscal Year)$6.84 Net Income$443.60 million Net Margins29.62% Return on Equity12.19% Return on Assets1.36%Miscellaneous Employees4,659 Outstanding Shares62,677,000Market Cap$5.58 billion Next Earnings Date4/23/2020 (Estimated) OptionableOptionable Receive CFR News and Ratings via Email Sign-up to receive the latest news and ratings for CFR and its competitors with MarketBeat's FREE daily newsletter. CFR Rates by TradingView 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. Shareholders 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 yield of 3.19%. The ex-dividend date of this dividend is Thursday, February 27th. View Cullen/Frost Bankers' Dividend History. How will Cullen/Frost Bankers' stock buyback program work? Cullen/Frost Bankers announced that its board has authorized a stock repurchase program on Thursday, July 25th 2019, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits 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 shares are undervalued. How were Cullen/Frost Bankers' earnings last quarter? Cullen/Frost Bankers, Inc. (NYSE:CFR) released its earnings results on Thursday, January, 30th. The bank reported $1.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.57 by $0.03. The bank had revenue of $370.29 million for the quarter, compared to analysts' expectations of $364.56 million. Cullen/Frost Bankers had a return on equity of 12.19% and a net margin of 29.62%. During the same period in the prior year, the firm earned $1.82 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, April 23rd 2020. View Earnings Estimates for Cullen/Frost Bankers. What price target have analysts set for CFR? 8 brokers have issued 12-month price objectives for Cullen/Frost Bankers' stock. Their forecasts range from $82.00 to $105.00. On average, they anticipate Cullen/Frost Bankers' share price to reach $92.25 in the next year. This suggests a possible upside of 3.7% from the stock's current price. 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? Headlines about CFR stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cullen/Frost Bankers. Who are some of Cullen/Frost Bankers' key competitors? Some companies that are related to Cullen/Frost Bankers include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF). 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 institutional and retail investors. Top institutional investors include Wealth Quarterback LLC (366.78%), State Street Corp (7.89%), King Luther Capital Management Corp (3.56%), FMR LLC (3.05%), Champlain Investment Partners LLC (2.16%) and Principal Financial Group Inc. (2.13%). 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 bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, 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 and First Trust Advisors LP. 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 $88.99. How big of a company is Cullen/Frost Bankers? Cullen/Frost Bankers has a market capitalization of $5.58 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.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 ()Outperform Votes: 314 (Vote Outperform)Underperform Votes: 808 (Vote Underperform)Total Votes: 1,122MarketBeat'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 2/25/2020 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Equity (ROE)?
