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

Cullen/Frost Bankers' stock was trading at $56.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CFR stock has increased by 21.3% and is now trading at $68.47. View which stocks have been most impacted by Coronavirus.

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.

Cullen/Frost Bankers is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Cullen/Frost Bankers.

Cullen/Frost Bankers will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced its quarterly earnings results on Thursday, April, 30th. The bank reported $0.75 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.91 by $0.16. The bank had revenue of $481.37 million for the quarter, compared to analyst estimates 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 quarter last year, the firm posted $1.79 earnings per share. View Cullen/Frost Bankers' earnings history.

Cullen/Frost Bankers announced a quarterly dividend on Friday, May 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, May 28th. View Cullen/Frost Bankers' dividend history.

Cullen/Frost Bankers declared that its Board of Directors has authorized a share buyback plan on Thursday, July 25th 2019, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 1.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

11 Wall Street analysts have issued 12 month target prices for Cullen/Frost Bankers' stock. Their forecasts range from $60.00 to $97.00. On average, they expect Cullen/Frost Bankers' stock price to reach $77.70 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View analysts' price targets for Cullen/Frost Bankers.

News headlines about CFR stock have been trending very negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cullen/Frost Bankers earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news about Cullen/Frost Bankers.

Cullen/Frost Bankers saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 3,480,000 shares, a drop of 10.3% from the June 15th total of 3,880,000 shares. Based on an average daily trading volume, of 602,900 shares, the days-to-cover ratio is presently 5.8 days. Approximately 6.3% of the shares of the stock are sold short. View Cullen/Frost Bankers' Current Options Chain.

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

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).

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

Cullen/Frost Bankers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.37%), Envestnet Asset Management Inc. (0.06%), Symphony Financial Ltd. Co. (0.01%), Diversified Trust Co (0.01%) and Martin Capital Partners LLC (0.01%). 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, Samuel G Dawson and William L Perotti. View institutional ownership trends for Cullen/Frost Bankers.

CFR stock was sold by a variety of institutional investors in the last quarter, including Symphony Financial Ltd. Co.. Company insiders that have sold Cullen/Frost Bankers company stock in the last year include Jerry Salinas, Patrick B Frost, Paul Bracher, and William L Perotti. View insider buying and selling activity for Cullen/Frost Bankers.

CFR stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Martin Capital Partners LLC, Envestnet Asset Management Inc., and Diversified Trust Co. 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.

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.

One share of CFR stock can currently be purchased for approximately $68.47.

Cullen/Frost Bankers has a market capitalization of $4.28 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.

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

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]