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

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFR, but not buy additional shares or sell existing shares.
View CFR analyst ratings or view top-rated stocks.

13 analysts have issued 1-year target prices for Cullen/Frost Bankers' shares. Their CFR share price forecasts range from $107.00 to $178.00. On average, they anticipate the company's share price to reach $144.00 in the next year. This suggests a possible upside of 36.7% 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 at the beginning of the year. Since then, CFR shares have decreased by 21.2% and is now trading at $105.34.
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Cullen/Frost Bankers saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,310,000 shares, an increase of 10.1% from the February 13th total of 1,190,000 shares. Based on an average daily trading volume, of 412,500 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.2% of the shares of the company are sold short.
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) issued its quarterly earnings results on Thursday, January, 26th. The bank reported $2.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.75 by $0.16. Cullen/Frost Bankers had a trailing twelve-month return on equity of 18.55% and a net margin of 30.80%. During the same quarter in the prior year, the company posted $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 yield of 3.30%. The ex-dividend date is Monday, February 27th.
Read our dividend analysis for CFR.

ETFs with the largest weight of Cullen/Frost Bankers (NYSE:CFR) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust Nasdaq Bank ETF (FTXO), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Strategas Macro Thematic Opportunities ETF (SAMT).

Cullen/Frost Bankers (NYSE:CFR) pays an annual dividend of $3.48 per share and currently has a dividend yield of 3.38%. 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 34.15% 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."

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 $105.34.

Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $6.78 billion and generates $1.88 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 4,985 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.