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

Cullen/Frost Bankers' stock was trading at $56.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CFR shares have increased by 34.0% and is now trading at $75.67.
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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) issued its earnings results on Thursday, July, 30th. The bank reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.70. The bank earned $347.32 million during the quarter, compared to the consensus estimate 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 last year, the company earned $1.72 earnings per share.
View Cullen/Frost Bankers' earnings history.

Cullen/Frost Bankers declared a quarterly dividend on Friday, July 31st. Shareholders of record on Monday, August 31st will be paid 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 3.75%. The ex-dividend date is Friday, August 28th.
View Cullen/Frost Bankers' dividend history.

Cullen/Frost Bankers declared that its board has authorized 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 shares through open market purchases. Shares buyback programs are often a sign that the company's leadership believes its stock is undervalued.

12 analysts have issued twelve-month price objectives for Cullen/Frost Bankers' shares. Their forecasts range from $60.00 to $97.00. On average, they anticipate Cullen/Frost Bankers' share price to reach $78.80 in the next year. This suggests a possible upside of 4.1% from the stock's current price.
View analysts' price targets for Cullen/Frost Bankers.

News articles about CFR stock have trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cullen/Frost Bankers earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near 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), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC), Prosperity Bancshares (PB) 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), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), PepsiCo (PEP), Chevron (CVX), Intel (INTC), Coca-Cola (KO), Home Depot (HD) and IBM (IBM).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.25%), FMR LLC (4.30%), King Luther Capital Management Corp (3.80%), Principal Financial Group Inc. (1.79%), Bank of America Corp DE (1.15%) and Goldman Sachs Group Inc. (0.61%). 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 Bank of America Corp DE, Davis R M Inc., Russell Investments Group Ltd., PNC Financial Services Group Inc., RMB Capital Management LLC, WINTON GROUP Ltd, State of Tennessee Treasury Department, and Montrusco Bolton Investments Inc.. 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 bought by a variety of institutional investors in the last quarter, including King Luther Capital Management Corp, Goldman Sachs Group Inc., ProShare Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Rafferty Asset Management LLC, Cullen Frost Bankers Inc., Assenagon Asset Management S.A., and Swiss National Bank. 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 $75.67.

Cullen/Frost Bankers has a market capitalization of $4.74 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]