Wedbush Weighs in on Cullen/Frost Bankers, Inc.'s Q1 2025 Earnings (NYSE:CFR)

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Research analysts at Wedbush lowered their Q1 2025 EPS estimates for Cullen/Frost Bankers in a report released on Wednesday, October 9th. Wedbush analyst D. Chiaverini now expects that the bank will earn $1.96 per share for the quarter, down from their prior forecast of $2.00. Wedbush has a "Neutral" rating and a $123.00 price target on the stock. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.61 per share. Wedbush also issued estimates for Cullen/Frost Bankers' Q2 2025 earnings at $2.00 EPS, Q3 2025 earnings at $2.11 EPS, Q4 2025 earnings at $2.24 EPS, FY2025 earnings at $8.30 EPS, Q2 2026 earnings at $2.12 EPS, Q3 2026 earnings at $2.24 EPS and FY2026 earnings at $8.80 EPS.

A number of other brokerages have also issued reports on CFR. Royal Bank of Canada boosted their price target on Cullen/Frost Bankers from $119.00 to $120.00 and gave the company a "sector perform" rating in a report on Friday, July 26th. Morgan Stanley dropped their price target on Cullen/Frost Bankers from $121.00 to $117.00 and set an "underweight" rating on the stock in a research report on Monday, September 30th. Jefferies Financial Group decreased their price objective on Cullen/Frost Bankers from $117.00 to $108.00 and set a "hold" rating for the company in a report on Wednesday, July 3rd. Citigroup dropped their target price on shares of Cullen/Frost Bankers from $107.00 to $104.00 and set a "sell" rating on the stock in a report on Monday, September 30th. Finally, Maxim Group boosted their price target on shares of Cullen/Frost Bankers from $132.00 to $138.00 and gave the company a "buy" rating in a report on Friday, July 26th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Cullen/Frost Bankers presently has an average rating of "Hold" and an average target price of $121.14.

Cullen/Frost Bankers Trading Down 0.6 %

Cullen/Frost Bankers stock traded down $0.67 during mid-day trading on Thursday, hitting $115.88. The company's stock had a trading volume of 525,110 shares, compared to its average volume of 442,235. Cullen/Frost Bankers has a one year low of $82.25 and a one year high of $123.17. The stock has a market cap of $7.45 billion, a PE ratio of 13.78, a P/E/G ratio of 1.39 and a beta of 1.00. The company has a 50 day moving average of $109.94 and a 200-day moving average of $107.27. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.64 and a current ratio of 0.64.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last announced its earnings results on Thursday, July 25th. The bank reported $2.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.14. Cullen/Frost Bankers had a return on equity of 17.43% and a net margin of 19.51%. The business had revenue of $528.81 million during the quarter, compared to analyst estimates of $506.83 million. During the same quarter in the previous year, the business earned $2.47 earnings per share.

Cullen/Frost Bankers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $0.95 dividend. This is a positive change from Cullen/Frost Bankers's previous quarterly dividend of $0.92. The ex-dividend date of this dividend was Friday, August 30th. This represents a $3.80 dividend on an annualized basis and a yield of 3.28%. Cullen/Frost Bankers's dividend payout ratio (DPR) is 44.92%.

Insider Transactions at Cullen/Frost Bankers

In other news, EVP Howard L. Kasanoff sold 3,000 shares of the stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $119.20, for a total value of $357,600.00. Following the sale, the executive vice president now owns 1,598 shares in the company, valued at $190,481.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Candace K. Wolfshohl sold 5,000 shares of the stock in a transaction on Friday, July 26th. The shares were sold at an average price of $119.65, for a total transaction of $598,250.00. Following the sale, the executive vice president now directly owns 18,753 shares of the company's stock, valued at approximately $2,243,796.45. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Howard L. Kasanoff sold 3,000 shares of Cullen/Frost Bankers stock in a transaction on Wednesday, July 31st. The shares were sold at an average price of $119.20, for a total transaction of $357,600.00. Following the completion of the transaction, the executive vice president now directly owns 1,598 shares of the company's stock, valued at $190,481.60. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.89% of the company's stock.

Institutional Investors Weigh In On Cullen/Frost Bankers

A number of institutional investors have recently modified their holdings of the business. CWM LLC lifted its holdings in Cullen/Frost Bankers by 46.5% during the first quarter. CWM LLC now owns 334 shares of the bank's stock valued at $38,000 after purchasing an additional 106 shares in the last quarter. Whittier Trust Co. boosted its holdings in Cullen/Frost Bankers by 90.7% in the 1st quarter. Whittier Trust Co. now owns 391 shares of the bank's stock worth $44,000 after buying an additional 186 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new stake in Cullen/Frost Bankers during the 2nd quarter worth approximately $54,000. GAMMA Investing LLC increased its stake in Cullen/Frost Bankers by 40.7% during the 1st quarter. GAMMA Investing LLC now owns 574 shares of the bank's stock worth $65,000 after buying an additional 166 shares in the last quarter. Finally, North Star Investment Management Corp. acquired a new position in shares of Cullen/Frost Bankers during the first quarter valued at approximately $69,000. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Cullen/Frost Bankers Company Profile

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.