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

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CFR shares.
View CFR analyst ratings or view top-rated stocks.

12 brokerages have issued 12 month target prices for Cullen/Frost Bankers' stock. Their CFR share price forecasts range from $124.00 to $178.00. On average, they expect the company's stock price to reach $149.46 in the next year. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for CFR or view top-rated stocks among Wall Street analysts.

Cullen/Frost Bankers' stock was trading at $133.70 on January 1st, 2023. Since then, CFR shares have decreased by 5.3% and is now trading at $126.67.
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Cullen/Frost Bankers saw a increase in short interest in December. As of December 30th, there was short interest totaling 1,260,000 shares, an increase of 17.8% from the December 15th total of 1,070,000 shares. Based on an average trading volume of 392,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 2.1% of the company's stock are short sold.
View Cullen/Frost Bankers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our CFR earnings forecast.

Cullen/Frost Bankers, Inc. (NYSE:CFR) posted its earnings results on Thursday, January, 26th. The bank reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.16. Cullen/Frost Bankers had a net margin of 30.07% and a trailing twelve-month return on equity of 18.29%. During the same period in the prior year, the business earned $1.54 earnings per share.

Cullen/Frost Bankers announced a quarterly dividend on Thursday, January 26th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.87 per share on Wednesday, March 15th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for CFR.

Cullen/Frost Bankers (NYSE:CFR) pays an annual dividend of $3.48 per share and currently has a dividend yield of 2.63%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFR will have a dividend payout ratio of 32.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CFR.

143 employees have rated Cullen/Frost Bankers Chief Executive Officer Phillip Green on Glassdoor.com. Phillip Green has an approval rating of 99% among the company's employees. This puts Phillip Green in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), Chevron (CVX), International Business Machines (IBM), Coca-Cola (KO), AT&T (T), AbbVie (ABBV) and Intel (INTC).

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

Cullen/Frost Bankers' stock is owned by many different retail and institutional investors. Top institutional investors include Montrusco Bolton Investments Inc. (0.55%), Baillie Gifford & Co. (0.54%), Ardevora Asset Management LLP (0.47%), Confluence Investment Management LLC (0.25%), Bartlett & Co. LLC (0.21%) and Lathrop Investment Management Corp (0.17%). Insiders that own company stock include Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Chris Avery, Graham M Weston, Jerry Salinas, Jimmy Stead, Patrick B Frost, Phillip D Green, Samuel G Dawson and William L Perotti.
View institutional ownership trends.

Shares of CFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CFR stock can currently be purchased for approximately $126.67.

Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $8.14 billion and generates $1.54 billion in revenue each year. The bank earns $579.15 million in net income (profit) each year or $8.82 on an earnings per share basis.

The company employs 4,553 workers across the globe.

Cullen/Frost Bankers' mailing address is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. The official website for the company is www.frostbank.com. The bank can be reached via phone at (210) 220-4011, via email at gparker@frostbank.com, or via fax at 210-220-4325.