What is DA Davidson's Forecast for CFR Q1 Earnings?

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for Cullen/Frost Bankers in a report released on Tuesday, February 4th. DA Davidson analyst P. Winter expects that the bank will post earnings per share of $2.17 for the quarter. DA Davidson has a "Neutral" rating and a $143.00 price objective on the stock. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.69 per share. DA Davidson also issued estimates for Cullen/Frost Bankers' FY2025 earnings at $9.22 EPS and FY2026 earnings at $9.47 EPS.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The bank reported $2.36 EPS for the quarter, beating the consensus estimate of $2.17 by $0.19. Cullen/Frost Bankers had a return on equity of 16.04% and a net margin of 18.81%.

Several other brokerages also recently weighed in on CFR. Keefe, Bruyette & Woods lifted their target price on shares of Cullen/Frost Bankers from $140.00 to $148.00 and gave the company a "market perform" rating in a report on Monday, February 3rd. Compass Point increased their price objective on shares of Cullen/Frost Bankers from $122.00 to $145.00 and gave the stock a "neutral" rating in a research report on Tuesday, December 10th. Stephens lifted their price target on shares of Cullen/Frost Bankers from $125.00 to $136.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Maxim Group raised their target price on Cullen/Frost Bankers from $138.00 to $149.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $144.00 target price on shares of Cullen/Frost Bankers in a research note on Friday, January 31st. Four analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $130.31.

Cullen/Frost Bankers Stock Down 0.3 %

Shares of CFR traded down $0.40 during midday trading on Wednesday, reaching $140.68. The stock had a trading volume of 500,552 shares, compared to its average volume of 474,446. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 6.52 and a beta of 0.99. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.66 and a quick ratio of 0.66. Cullen/Frost Bankers has a 1-year low of $94.09 and a 1-year high of $147.64. The company's fifty day simple moving average is $137.57 and its two-hundred day simple moving average is $125.67.

Cullen/Frost Bankers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.95 per share. The ex-dividend date is Friday, February 28th. This represents a $3.80 annualized dividend and a yield of 2.70%. Cullen/Frost Bankers's dividend payout ratio (DPR) is presently 42.84%.

Insider Buying and Selling at Cullen/Frost Bankers

In other news, CEO Phillip D. Green sold 14,358 shares of the company's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $137.96, for a total transaction of $1,980,829.68. Following the completion of the sale, the chief executive officer now owns 94,423 shares in the company, valued at approximately $13,026,597.08. This represents a 13.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Paul Bracher sold 11,500 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $139.45, for a total value of $1,603,675.00. Following the transaction, the insider now owns 102,946 shares in the company, valued at approximately $14,355,819.70. This trade represents a 10.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.89% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CFR. Boston Trust Walden Corp bought a new position in shares of Cullen/Frost Bankers during the 3rd quarter worth about $107,166,000. Vaughan Nelson Investment Management L.P. bought a new position in Cullen/Frost Bankers during the third quarter worth about $54,012,000. The Manufacturers Life Insurance Company raised its stake in Cullen/Frost Bankers by 117.4% during the third quarter. The Manufacturers Life Insurance Company now owns 568,730 shares of the bank's stock worth $63,618,000 after acquiring an additional 307,129 shares in the last quarter. Barclays PLC increased its holdings in Cullen/Frost Bankers by 234.5% during the 3rd quarter. Barclays PLC now owns 436,393 shares of the bank's stock valued at $48,814,000 after purchasing an additional 305,921 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its holdings in shares of Cullen/Frost Bankers by 13,334.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 281,860 shares of the bank's stock valued at $37,840,000 after buying an additional 279,762 shares during the last quarter. Institutional investors and hedge funds own 86.90% of the company's stock.

About Cullen/Frost Bankers

Cullen/Frost Bankers, Inc operates as the bank holding company for Frost Bank that provides commercial and consumer banking services in Texas. The company offers commercial banking services to corporations, including financing for industrial and commercial properties, interim construction related to industrial and commercial properties, equipment, inventories and accounts receivables, and acquisitions; and treasury management services, as well as originates commercial leasing services.