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Cullen/Frost Bankers Stock Price, News & Analysis (NYSE:CFR)

$87.33
+2.53 (+2.98 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$86.45
Now: $87.33
$88.49
50-Day Range
$80.67
MA: $85.65
$91.04
52-Week Range
$79.86
Now: $87.33
$106.23
Volume553,252 shs
Average Volume419,753 shs
Market Capitalization$5.47 billion
P/E Ratio12.66
Dividend Yield3.35%
Beta1.38
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. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
CUSIP22989910
Phone210-220-4011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.40 billion
Cash Flow$9.67 per share
Book Value$51.19 per share

Profitability

Net Income$454.91 million

Miscellaneous

Employees4,370
Market Cap$5.47 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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

What is Cullen/Frost Bankers' stock symbol?

Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR."

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 Thursday, July 25th. Stockholders of record on Friday, August 30th will be given a dividend of $0.71 per share on Friday, September 13th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Thursday, August 29th. View Cullen/Frost Bankers' Dividend History.

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

Cullen/Frost Bankers declared that its Board of Directors has approved a share repurchase plan 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 reacquire up to 1.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced its quarterly earnings data on Thursday, July, 25th. The bank reported $1.72 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.72. The bank earned $360.39 million during the quarter, compared to analysts' expectations of $364.59 million. Cullen/Frost Bankers had a return on equity of 13.85% and a net margin of 31.57%. During the same quarter last year, the firm earned $1.68 earnings per share. View Cullen/Frost Bankers' Earnings History.

When is Cullen/Frost Bankers' next earnings date?

Cullen/Frost Bankers is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Cullen/Frost Bankers.

What price target have analysts set for CFR?

8 Wall Street analysts have issued 1-year target prices for Cullen/Frost Bankers' stock. Their predictions range from $87.00 to $105.00. On average, they expect Cullen/Frost Bankers' stock price to reach $98.63 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Price Targets for Cullen/Frost Bankers.

What is the consensus analysts' recommendation for Cullen/Frost Bankers?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last year. There are currently 2 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.

What are Wall Street analysts saying about Cullen/Frost Bankers stock?

Here are some recent quotes from research analysts about Cullen/Frost Bankers stock:
  • 1. According to Zacks Investment Research, "Shares of Cullen/Frost have underperformed the industry, over the past three months. The first-quarter 2019 results indicated top-line strength, elevated expenses and provisions. The company’s significant exposure to real estate in its loan portfolio remains a concern. Further, rising costs, mainly resulting from expanding franchise, are likely to deter bottom-line growth. Also, continued deterioration in credit quality will likely escalate borrowing costs for the company. However, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in all the trailing four quarters. With a rising interest-rate environment and improving non-interest bearing deposits, the company's net interest income and net interest margin are likely to grow." (5/20/2019)
  • 2. Maxim Group analysts commented, "1Q19 EPS of $1.79 beat consensus of $1.74, driven by a wider NIM (up 7bps linked-quarter). on hold and LIBOR down, further NIM expansion is unlikely, so we are tempering previous stronger growth expectations. We are lowering our price target to $110, from $115. This equates to 15.3x our newly-introduced 2020 EPS estimate of $7.20 (versus a 2019E P/E multiple of 16.0x for our previous PT), which is inline with best-in-class Smid-Cap banks. Relative to other banks, CFR has superior organic growth prospects and a superior credit culture, in our view." (4/26/2019)

Has Cullen/Frost Bankers been receiving favorable news coverage?

Media headlines about CFR stock have been trending negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of -2.6 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Cullen/Frost Bankers.

Who are some of Cullen/Frost Bankers' key 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 Alibaba Group (BABA), Verizon Communications (VZ), Lam Research (LRCX), NVIDIA (NVDA), Applied Materials (AMAT), Amgen (AMGN), Broadcom (AVGO), PepsiCo (PEP), Boeing (BA) and Baxter International (BAX).

Who are Cullen/Frost Bankers' key executives?

Cullen/Frost Bankers' management team includes the folowing 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.

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Kempner Capital Management Inc. (0.15%), Lawson Kroeker Investment Management Inc. NE (0.09%), Rowland & Co. Investment Counsel ADV (0.09%), Neville Rodie & Shaw Inc. (0.07%), Pacer Advisors Inc. (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Cullen/Frost Bankers stock include Annette M Alonzo, Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Charles W Matthews, Cynthia Jane Comparin, Gary C Mcknight, Graham M Weston, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green, R Denny Alexander, Samuel G Dawson and William L Perotti. 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 Lawson Kroeker Investment Management Inc. NE, Pacer Advisors Inc., Kempner Capital Management Inc., Neville Rodie & Shaw Inc. and Crossmark Global Holdings Inc.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Bobby Berman, Carol Jean Severyn, Jerry Salinas, Patrick B Frost and Phillip D Green. View Insider Buying and Selling for Cullen/Frost Bankers.

Which institutional investors are buying Cullen/Frost Bankers stock?

CFR stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Rowland & Co. Investment Counsel ADV. Company insiders that have bought Cullen/Frost Bankers stock in the last two years include Carlos Alvarez, Charles W Matthews, Cynthia Jane Comparin, Graham M Weston and Samuel G Dawson. View Insider Buying and Selling 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 $87.33.

How big of a company is Cullen/Frost Bankers?

Cullen/Frost Bankers has a market capitalization of $5.47 billion and generates $1.40 billion in revenue each year. The bank earns $454.91 million in net income (profit) each year or $6.90 on an earnings per share basis. Cullen/Frost Bankers employs 4,370 workers across the globe.View Additional Information About Cullen/Frost Bankers.

What is Cullen/Frost Bankers' official website?

The official website for Cullen/Frost Bankers is http://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]


MarketBeat Community Rating for Cullen/Frost Bankers (NYSE CFR)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  769 (Vote Underperform)
Total Votes:  1,066
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.
This page was last updated on 10/13/2019 by MarketBeat.com Staff

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