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

12 Wall Street 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 analysts is that investors should "buy" CFR shares.
View CFR analyst ratings or view top-rated stocks.

12 Wall Street analysts have issued 1-year target prices for Cullen/Frost Bankers' shares. Their CFR share price forecasts range from $124.00 to $178.00. On average, they anticipate the company's stock price to reach $148.54 in the next twelve months. This suggests a possible upside of 15.0% 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 at the beginning of 2023. Since then, CFR stock has decreased by 3.4% and is now trading at $129.22.
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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 daily volume of 392,000 shares, the days-to-cover ratio is presently 3.2 days. Currently, 2.1% of the shares of the stock 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) announced its earnings results on Thursday, January, 26th. The bank reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.16. Cullen/Frost Bankers had a trailing twelve-month return on equity of 18.29% and a net margin of 30.07%. During the same quarter in the previous year, the company earned $1.54 EPS.

Cullen/Frost Bankers announced a quarterly dividend on Thursday, January 26th. Investors of record on Tuesday, February 28th will be given 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 2.69%. 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 2.69%. 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 33.30% 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 investors include Montrusco Bolton Investments Inc. (0.55%), Baillie Gifford & Co. (0.54%), Ardevora Asset Management LLP (0.47%), ProShare Advisors LLC (0.37%), Confluence Investment Management LLC (0.25%) and Bartlett & Co. LLC (0.21%). 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 $129.22.

Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $8.31 billion and generates $404.82 million 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.