NYSE:CFR Cullen/Frost Bankers (CFR) Stock Forecast, Price & News $102.23 +2.03 (+2.03%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$99.11▼$103.0850-Day Range$93.42▼$110.2752-Week Range$92.55▼$160.60Volume317,251 shsAverage Volume613,232 shsMarket Capitalization$6.58 billionP/E Ratio10.21Dividend Yield3.40%Price Target$134.42 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Cullen/Frost Bankers MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside31.5% Upside$134.42 Price TargetShort InterestHealthy3.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.52Upright™ Environmental ScoreNews Sentiment0.94Based on 3 Articles This WeekInsider TradingAcquiring Shares$2.61 M Bought Last QuarterProj. Earnings Growth-5.65%From $9.74 to $9.19 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.86 out of 5 starsFinance Sector355th out of 1,786 stocksNational Commercial Banks Industry57th out of 170 stocks 3.1 Analyst's Opinion Consensus RatingCullen/Frost Bankers has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $134.42, Cullen/Frost Bankers has a forecasted upside of 31.5% from its current price of $102.23.Amount of Analyst CoverageCullen/Frost Bankers has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.98% of the float of Cullen/Frost Bankers has been sold short.Short Interest Ratio / Days to CoverCullen/Frost Bankers has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cullen/Frost Bankers has recently increased by 12.80%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldCullen/Frost Bankers pays a meaningful dividend of 3.34%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCullen/Frost Bankers has been increasing its dividend for 29 years.Dividend CoverageThe dividend payout ratio of Cullen/Frost Bankers is 34.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cullen/Frost Bankers will have a dividend payout ratio of 37.87% next year. This indicates that Cullen/Frost Bankers will be able to sustain or increase its dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCullen/Frost Bankers has received a 40.74% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Pre-retirement counseling", "Pension funding services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Home insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Cullen/Frost Bankers is -0.52. Previous Next 2.7 News and Social Media Coverage News SentimentCullen/Frost Bankers has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cullen/Frost Bankers this week, compared to 4 articles on an average week.Search Interest3 people have searched for CFR on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Cullen/Frost Bankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cullen/Frost Bankers insiders have bought 289.99% more of their company's stock than they have sold. Specifically, they have bought $2,608,696.00 in company stock and sold $668,913.00 in company stock.Percentage Held by InsidersOnly 2.89% of the stock of Cullen/Frost Bankers is held by insiders.Percentage Held by Institutions81.93% of the stock of Cullen/Frost Bankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cullen/Frost Bankers are expected to decrease by -5.65% in the coming year, from $9.74 to $9.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cullen/Frost Bankers is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Cullen/Frost Bankers is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 160.19.Price to Earnings Growth RatioCullen/Frost Bankers has a PEG Ratio of 1.13. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCullen/Frost Bankers has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cullen/Frost Bankers (NYSE:CFR) StockCullen/Frost Bankers, Inc. is a financial holding company, which engages in the provision of commercial and consumer banking services. It operates through the Banking and Frost Wealth Advisors segments. The Banking segment operates commercial and consumer banking services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services. The company was founded by Thomas Clayborne Frost in 1868 and is headquartered in San Antonio, TX.Read More Receive CFR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cullen/Frost Bankers and its competitors with MarketBeat's FREE daily newsletter. Email Address CFR Stock News HeadlinesMay 25, 2023 | finance.yahoo.comCullen/Frost Bankers, Inc. (NYSE:CFR) Passed Our Checks, And It's About To Pay A US$0.87 DividendMay 24, 2023 | americanbankingnews.comInsider Selling: Cullen/Frost Bankers, Inc. (NYSE:CFR) Insider Sells 6,617 Shares of StockJune 2, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Cullen/Frost Bankers (NYSE:CFR)May 19, 2023 | americanbankingnews.comMorgan Stanley Lowers Cullen/Frost Bankers (NYSE:CFR) to Equal WeightMay 18, 2023 | americanbankingnews.comCullen/Frost Bankers, Inc. (NYSE:CFR) Receives $133.55 Average Price Target from BrokeragesMay 17, 2023 | americanbankingnews.comCullen/Frost Bankers, Inc. (NYSE:CFR) Director Howard Willome John Buys 2,000 SharesMay 16, 2023 | msn.comMorgan Stanley Downgrades Cullen Frost Bankers (CFR)June 2, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 16, 2023 | msn.comCommerce Bancshares, Prosperity, Cullen/Frost downgraded at Morgan StanleyMay 13, 2023 | marketwatch.comCullen Frost Bankers $CFR Trading ReportMay 9, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Cullen/Frost Bankers (CFR) and Independent Bank (IBCP)May 7, 2023 | americanbankingnews.comInsider Buying: Cullen/Frost Bankers, Inc. (NYSE:CFR) EVP Buys $142,875.00 in StockMay 7, 2023 | americanbankingnews.comCullen/Frost Bankers (NYSE:CFR) Shares Gap Up After Insider Buying ActivityMay 5, 2023 | bizjournals.comSmall Business WeekMay 3, 2023 | msn.comCullen/Frost Bankers's Return On Capital Employed OverviewMay 2, 2023 | americanbankingnews.comFY2023 Earnings Forecast for Cullen/Frost Bankers, Inc. (NYSE:CFR) Issued By WedbushMay 2, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: American Tower (AMT), Cullen/Frost Bankers (CFR) and Weyerhaeuser (WY)April 30, 2023 | americanbankingnews.comCullen/Frost Bankers (NYSE:CFR) Price Target Raised to $120.00April 29, 2023 | americanbankingnews.comCullen/Frost Bankers, Inc. (CFR) to Issue Quarterly Dividend of $0.87 on June 15thApril 29, 2023 | markets.businessinsider.comMaxim Group Sticks to Their Buy Rating for Cullen/Frost Bankers (CFR)April 29, 2023 | americanbankingnews.comCullen/Frost Bankers (NYSE:CFR) Trading 5.8% Higher Following Strong EarningsApril 28, 2023 | msn.comWedbush Maintains Cullen Frost Bankers (CFR) Neutral RecommendationApril 28, 2023 | msn.comCullen Frost Bankers (CFR) Declares $0.87 DividendApril 28, 2023 | markets.businessinsider.comAnalysts Are Neutral on These Financial Stocks: Arthur J Gallagher & Co (AJG), Cullen/Frost Bankers (CFR)April 28, 2023 | msn.comKeefe, Bruyette & Woods Maintains Cullen Frost Bankers (CFR) Market Perform RecommendationApril 28, 2023 | msn.comCullen/Frost (CFR) Gains 6.6% on Q1 Earnings Beat, Revenues RiseSee More Headlines CFR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CFR Company Calendar Ex-Dividend for 3/15 Dividend2/27/2023Dividend Payable3/15/2023Last Earnings4/27/2023Ex-Dividend for 6/15 Dividend5/30/2023Today6/01/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:CFR CUSIP22989910 CIK39263 Webwww.frostbank.com Phone(210) 220-4011Fax210-220-4325Employees4,985Year Founded1868Price Target and Rating Average Stock Price Forecast$134.42 High Stock Price Forecast$160.00 Low Stock Price Forecast$107.00 Forecasted Upside/Downside+31.6%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$10.01 Trailing P/E Ratio10.21 Forward P/E Ratio10.49 P/E Growth1.13Net Income$579.15 million Net Margins30.40% Pretax Margin35.50% Return on Equity21.59% Return on Assets1.26% Debt Debt-to-Equity Ratio0.07 Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$1.88 billion Price / Sales3.50 Cash Flow$11.38 per share Price / Cash Flow8.98 Book Value$51.59 per share Price / Book1.98Miscellaneous Outstanding Shares64,400,000Free Float62,538,000Market Cap$6.58 billion OptionableOptionable Beta1.04 Social Links Key ExecutivesPhillip D. GreenChairman & Chief Executive OfficerPaul H. BracherPresidentJerry SalinasChief Financial Officer & Group Executive VPRobert A. BermanGroup EVP-Research & StrategyHoward KasanoffChief Credit Officer & Executive Vice PresidentKey CompetitorsWebster FinancialNYSE:WBSFirst HorizonNYSE:FHNBOK FinancialNASDAQ:BOKFZions Bancorporation, National AssociationNASDAQ:ZIONKeyCorpNYSE:KEYView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 234 shares on 6/1/2023Ownership: 0.000%Coastline Trust CoSold 13,590 shares on 5/31/2023Ownership: 0.006%ProShare Advisors LLCBought 14,655 shares on 5/26/2023Ownership: 0.395%Brandywine Global Investment Management LLCBought 34,239 shares on 5/25/2023Ownership: 0.053%TPB Wealth AdvisorsBought 100 shares on 5/23/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions CFR Stock - Frequently Asked Questions Should I buy or sell Cullen/Frost Bankers stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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. What is Cullen/Frost Bankers' stock price forecast for 2023? 12 brokers have issued 1-year target prices for Cullen/Frost Bankers' shares. Their CFR share price forecasts range from $107.00 to $160.00. On average, they anticipate the company's share price to reach $134.42 in the next twelve months. This suggests a possible upside of 31.5% from the stock's current price. View analysts price targets for CFR or view top-rated stocks among Wall Street analysts. How have CFR shares performed in 2023? Cullen/Frost Bankers' stock was trading at $133.70 at the start of the year. Since then, CFR stock has decreased by 23.5% and is now trading at $102.23. View the best growth stocks for 2023 here. Are investors shorting Cullen/Frost Bankers? Cullen/Frost Bankers saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, an increase of 12.8% from the April 30th total of 2,110,000 shares. Based on an average trading volume of 732,900 shares, the short-interest ratio is currently 3.2 days. Currently, 4.0% of the company's shares are short sold. View Cullen/Frost Bankers' Short Interest. When is Cullen/Frost Bankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our CFR earnings forecast. How were Cullen/Frost Bankers' earnings last quarter? Cullen/Frost Bankers, Inc. (NYSE:CFR) posted its quarterly earnings data on Thursday, April, 27th. The bank reported $2.70 EPS for the quarter, topping analysts' consensus estimates of $2.55 by $0.15. The bank earned $505.09 million during the quarter, compared to analysts' expectations of $503.93 million. Cullen/Frost Bankers had a trailing twelve-month return on equity of 21.59% and a net margin of 30.40%. Cullen/Frost Bankers's quarterly revenue was up 44.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.51 earnings per share. How often does Cullen/Frost Bankers pay dividends? What is the dividend yield for Cullen/Frost Bankers? Cullen/Frost Bankers declared a quarterly dividend on Thursday, April 27th. Investors of record on Wednesday, May 31st will be paid a dividend of $0.87 per share on Thursday, June 15th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date is Tuesday, May 30th. Read our dividend analysis for CFR. What ETFs hold Cullen/Frost Bankers' stock? ETFs with the largest weight of Cullen/Frost Bankers (NYSE:CFR) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), 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), Invesco S&P MidCap Low Volatility ETF (XMLV) and Fidelity Small-Mid Cap Opportunities ETF (FSMO). Is Cullen/Frost Bankers a good dividend stock? Cullen/Frost Bankers (NYSE:CFR) pays an annual dividend of $3.48 per share and currently has a dividend yield of 3.34%. 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 34.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFR will have a dividend payout ratio of 37.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CFR. What is Phillip Green's approval rating as Cullen/Frost Bankers' CEO? 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. What other stocks do shareholders of Cullen/Frost Bankers own? 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). What is Cullen/Frost Bankers' stock symbol? Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR." Who are Cullen/Frost Bankers' major shareholders? Cullen/Frost Bankers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Aristotle Capital Management LLC (10.58%), BlackRock Inc. (9.03%), State Street Corp (6.96%), King Luther Capital Management Corp (3.30%), FMR LLC (2.22%) and JPMorgan Chase & Co. (1.60%). Insiders that own company stock include Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Chris Avery, Howard Willome John, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green and William L Perotti. View institutional ownership trends. How do I buy shares of Cullen/Frost Bankers? 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. Compare Top Brokerages Here. What is Cullen/Frost Bankers' stock price today? One share of CFR stock can currently be purchased for approximately $102.23. How much money does Cullen/Frost Bankers make? Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $6.58 billion and generates $1.88 billion in revenue each year. The bank earns $579.15 million in net income (profit) each year or $10.01 on an earnings per share basis. How many employees does Cullen/Frost Bankers have? The company employs 4,985 workers across the globe. How can I contact Cullen/Frost Bankers? 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. This page (NYSE:CFR) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cullen/Frost Bankers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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