DA Davidson Issues Positive Outlook for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities researchers at DA Davidson upped their Q1 2025 earnings estimates for shares of Cullen/Frost Bankers in a report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $2.18 for the quarter, up from their previous estimate of $2.17. DA Davidson has a "Neutral" rating and a $143.00 price target on the stock. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.85 per share. DA Davidson also issued estimates for Cullen/Frost Bankers' FY2026 earnings at $9.41 EPS.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last posted its earnings results on Thursday, January 30th. The bank reported $2.36 EPS for the quarter, topping the consensus estimate of $2.17 by $0.19. Cullen/Frost Bankers had a net margin of 20.44% and a return on equity of 15.95%.

Several other brokerages also recently issued reports on CFR. Royal Bank of Canada reiterated a "sector perform" rating and set a $144.00 price target on shares of Cullen/Frost Bankers in a report on Friday, January 31st. Barclays assumed coverage on Cullen/Frost Bankers in a report on Tuesday, April 1st. They issued an "equal weight" rating and a $130.00 target price for the company. Evercore ISI lifted their price target on Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock an "underperform" rating in a report on Monday, February 10th. Keefe, Bruyette & Woods boosted their price objective on Cullen/Frost Bankers from $140.00 to $148.00 and gave the stock a "market perform" rating in a research report on Monday, February 3rd. Finally, Compass Point raised their target price on Cullen/Frost Bankers from $122.00 to $145.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $132.57.

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Cullen/Frost Bankers Stock Up 1.9 %

CFR traded up $1.99 during midday trading on Thursday, reaching $108.14. 185,876 shares of the company were exchanged, compared to its average volume of 487,813. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 12.18, a price-to-earnings-growth ratio of 6.46 and a beta of 0.82. Cullen/Frost Bankers has a one year low of $94.09 and a one year high of $147.64. The company's fifty day moving average price is $131.43 and its 200 day moving average price is $131.42. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.68 and a current ratio of 0.68.

Cullen/Frost Bankers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.95 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $3.80 annualized dividend and a dividend yield of 3.51%. Cullen/Frost Bankers's payout ratio is 42.84%.

Insider Activity

In other news, insider Paul Bracher sold 11,500 shares of Cullen/Frost Bankers stock in a transaction on Friday, January 31st. The stock was sold at an average price of $139.45, for a total value of $1,603,675.00. Following the completion of the transaction, the insider now directly owns 102,946 shares in the company, valued at approximately $14,355,819.70. The trade was a 10.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.89% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings in shares of Cullen/Frost Bankers by 122,282.2% in the first quarter. GAMMA Investing LLC now owns 1,005,982 shares of the bank's stock worth $125,949,000 after buying an additional 1,005,160 shares in the last quarter. Norges Bank bought a new position in Cullen/Frost Bankers in the 4th quarter valued at $69,591,000. Madison Investment Advisors LLC purchased a new position in shares of Cullen/Frost Bankers during the 4th quarter valued at $46,223,000. Barclays PLC increased its holdings in shares of Cullen/Frost Bankers by 234.5% in the third quarter. Barclays PLC now owns 436,393 shares of the bank's stock worth $48,814,000 after purchasing an additional 305,921 shares during the period. Finally, Strategic Financial Concepts LLC increased 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 worth $37,840,000 after purchasing an additional 279,762 shares during the period. Institutional investors 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.