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

11 Wall Street 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 4 buy ratings for the stock. The consensus among Wall Street 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.

11 Wall Street analysts have issued 1-year price objectives for Cullen/Frost Bankers' shares. Their CFR share price forecasts range from $108.00 to $165.00. On average, they predict the company's stock price to reach $147.08 in the next year. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for CFR or view top-rated stocks among Wall Street analysts.

Cullen/Frost Bankers' stock was trading at $126.07 at the start of the year. Since then, CFR stock has increased by 17.4% and is now trading at $147.95.
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Cullen/Frost Bankers saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 1,850,000 shares, an increase of 5.7% from the October 15th total of 1,750,000 shares. Based on an average trading volume of 390,100 shares, the short-interest ratio is currently 4.7 days. Approximately 3.1% 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, January 26th 2023.
View our CFR earnings forecast.

Cullen/Frost Bankers, Inc. (NYSE:CFR) released its earnings results on Wednesday, October, 27th. The bank reported $1.65 EPS for the quarter, topping the consensus estimate of $1.52 by $0.13. The bank earned $246.12 million during the quarter, compared to the consensus estimate of $351.11 million. Cullen/Frost Bankers had a trailing twelve-month return on equity of 14.18% and a net margin of 30.07%. The business's revenue was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.50 earnings per share.

Cullen/Frost Bankers announced a quarterly dividend on Thursday, October 27th. Investors of record on Wednesday, November 30th will be paid a dividend of $0.87 per share on Thursday, December 15th. This represents a $3.48 annualized dividend and a yield of 2.35%. The ex-dividend date is Tuesday, November 29th.
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 2.38%. The company has been increasing its dividend for 28 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFR will have a dividend payout ratio of 32.19% 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.72%), BlackRock Inc. (8.42%), State Street Corp (6.57%), King Luther Capital Management Corp (3.45%), Neuberger Berman Group LLC (2.48%) and Cullen Frost Bankers Inc. (1.13%). 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.
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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 $147.95.

Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $9.51 billion and generates $1.40 billion in revenue each year. The bank earns $443.08 million in net income (profit) each year or $7.45 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.