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

$76.45

-1.82 (-2.33 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$75.92

Now: $76.45▼

$79.11

50-Day Range

$56.87

MA: $65.93▼

$79.00

52-Week Range

$47.69

Now: $76.45▼

$100.79

Volume498,496 shs

Average Volume628,181 shs

Market Capitalization$4.78 billion

P/E Ratio13.18

Dividend Yield3.59%

Beta1.64

Cullen/Frost Bankers, Inc. operates as the holding company for Frost Bank that offers commercial and consumer banking services in Texas. It operates in two segments, Banking and Frost Wealth Advisors. The company offers commercial banking services to corporations and other business clients, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; commercial leasing; and treasury management services. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds, and foreign exchange services. Further, it acts as a correspondent for approximately 194 financial institutions; offers trust, investment, agency, and custodial services for individual and corporate clients; provides capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and supports international business activities. Additionally, the company offers insurance and securities brokerage services; holds securities for investment purposes; and provides loans to qualified borrowers, as well as investment management services to Frost-managed mutual funds, institutions, and individuals. It operates approximately 131 financial centers and 1,200 ATMs. The company serves the energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. Cullen/Frost Bankers, Inc. was founded in 1868 and is headquartered in San Antonio, Texas.

Beat the Market (BTM) Rank^™

1.9 Analyst's Opinion

Consensus Rating
Cullen/Frost Bankers has received a consensus rating of Hold. The company's average rating score is 1.73, and is based on 2 buy ratings, 4 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $77.50, Cullen/Frost Bankers has a potential upside of 1.4% from its current price of $76.45.
Amount of Analyst Coverage
Cullen/Frost Bankers has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.4 Community Rank

Outperform Votes
Cullen/Frost Bankers has received 323 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cullen/Frost Bankers has received 839 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cullen/Frost Bankers has received 72.20% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cullen/Frost Bankers and other stocks. Vote “Outperform” if you believe CFR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CFR will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
Cullen/Frost Bankers is a leading dividend payer. It pays a dividend yield of 3.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cullen/Frost Bankers has been increasing its dividend for 27 years.
Dividend Coverage
The dividend payout ratio of Cullen/Frost Bankers is 41.52 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cullen/Frost Bankers will have a dividend payout ratio of 70.12 % next year. This indicates that Cullen/Frost Bankers will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cullen/Frost Bankers insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,234,970.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.75% of the stock of Cullen/Frost Bankers is held by insiders.
Percentage Held by Institutions
85.43% 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.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Cullen/Frost Bankers are expected to grow by 78.41% in the coming year, from $2.27 to $4.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cullen/Frost Bankers is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cullen/Frost Bankers is 13.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.22.
Price to Earnings Growth Ratio
Cullen/Frost Bankers has a PEG Ratio of 3.42. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cullen/Frost Bankers has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.08 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry National commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNYSE:CFR

Previous Symbol

CUSIP22989910

CIK39263

Webwww.frostbank.com

Phone210-220-4011

Debt

Debt-to-Equity Ratio0.06

Current Ratio0.66

Quick Ratio0.66

Price-To-Earnings

Trailing P/E Ratio13.18

Forward P/E Ratio33.68

P/E Growth3.42

Sales & Book Value

Annual Sales$1.50 billion

Price / Sales3.19

Cash Flow$10.15 per share

Price / Cash Flow7.53

Book Value$61.17 per share

Price / Book1.25

Profitability

EPS (Most Recent Fiscal Year)$6.84

Net Income$443.60 million

Net Margins23.89%

Return on Equity10.23%

Return on Assets1.15%

Miscellaneous

Employees4,659

Outstanding Shares62,553,000

Market Cap$4.78 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

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Cullen/Frost Bankers (NYSE:CFR) Frequently Asked Questions

How has Cullen/Frost Bankers' stock been impacted by COVID-19 (Coronavirus)?

Cullen/Frost Bankers' stock was trading at $56.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CFR shares have increased by 35.4% and is now trading at $76.45. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cullen/Frost Bankers?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 5 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cullen/Frost Bankers.

When is Cullen/Frost Bankers' next earnings date?

Cullen/Frost Bankers is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Cullen/Frost Bankers.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) issued its quarterly earnings results on Thursday, April, 30th. The bank reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by $0.16. The bank earned $481.37 million during the quarter, compared to analysts' expectations of $364.53 million. Cullen/Frost Bankers had a return on equity of 10.23% and a net margin of 23.89%. During the same period last year, the business posted $1.79 earnings per share. View Cullen/Frost Bankers' earnings history.

How often does Cullen/Frost Bankers pay dividends? What is the dividend yield for Cullen/Frost Bankers?

Cullen/Frost Bankers announced a quarterly dividend on Friday, May 1st. Shareholders of record on Friday, May 29th will be paid a dividend of $0.71 per share on Monday, June 15th. This represents a $2.84 annualized dividend and a dividend yield of 3.71%. The ex-dividend date is Thursday, May 28th. View Cullen/Frost Bankers' dividend history.

How will Cullen/Frost Bankers' stock buyback program work?

Cullen/Frost Bankers announced that its Board of Directors has approved a share buyback program on Thursday, July 25th 2019, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for CFR?

11 brokers have issued 12-month price objectives for Cullen/Frost Bankers' shares. Their forecasts range from $60.00 to $97.00. On average, they anticipate Cullen/Frost Bankers' stock price to reach $77.50 in the next twelve months. This suggests a possible upside of 1.4% from the stock's current price. View analysts' price targets for Cullen/Frost Bankers.

Has Cullen/Frost Bankers been receiving favorable news coverage?

News headlines about CFR stock have trended extremely positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cullen/Frost Bankers earned a news sentiment score of 4.7 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View the latest news aboutCullen/Frost Bankers.

Who are some of Cullen/Frost Bankers' key competitors?

Some companies that are related to Cullen/Frost Bankers include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all competitors.

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), Alibaba Group (BABA), PepsiCo (PEP), Exxon Mobil (XOM), Amgen (AMGN), Chevron (CVX), Lam Research (LRCX), ONEOK (OKE), United Technologies (UTX) and Walgreens Boots Alliance (WBA).

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the following people:

Mr. Phillip D. Green, Chairman & CEO (Age 64)
Mr. Paul H. Bracher, Pres (Age 62)
Mr. Jerry Salinas, Group Exec. VP & CFO (Age 60)
Mr. William L. Perotti, Group Exec. VP & Chief Credit Officer (Age 61)
Sosuke Takemura, Head of Fin.

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.66%), State Street Corp (7.11%), Aristotle Capital Management LLC (6.33%), JPMorgan Chase & Co. (4.37%), Wellington Management Group LLP (3.61%) and Invesco Ltd. (3.57%). 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 and Samuel G Dawson. View institutional ownership trends for Cullen/Frost Bankers.

Which institutional investors are selling Cullen/Frost Bankers stock?

CFR stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Invesco Ltd., Principal Financial Group Inc., The Manufacturers Life Insurance Company , PNC Financial Services Group Inc., JPMorgan Chase & Co., Howland Capital Management LLC, and Davis R M Inc.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Patrick B Frost, and Paul Bracher. View insider buying and selling activity for Cullen/Frost Bankers.

Which institutional investors are buying Cullen/Frost Bankers stock?

CFR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuance Investments LLC, Champlain Investment Partners LLC, Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Lord Abbett & CO. LLC, Aristotle Capital Management LLC, and Bartlett & Co. LLC. 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.

How do I buy shares of 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.

What is Cullen/Frost Bankers' stock price today?

One share of CFR stock can currently be purchased for approximately $76.45.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $4.78 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.

What is Cullen/Frost Bankers' official website?

The official website for Cullen/Frost Bankers is www.frostbank.com.

How can I contact Cullen/Frost Bankers?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff