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

Company Overview

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. It also provides consumer banking services, such as checking accounts, savings programs, automated-teller machines (ATMs), overdraft facilities, installment and real estate loans, first mortgage loans, home equity loans and lines of credit, drive-in and night deposit services, safe deposit facilities, and brokerage services. In addition, the company offers international banking services comprising deposits, loans, letters of credit, foreign collections, funds transmitting, and foreign exchange services; correspondent banking activities, including check clearing, transfer of funds, fixed income security services, and securities custody and clearance services. Further, it offers trust, investment, agency, and custodial services for individual and corporate clients; capital market services that include sales and trading, new issue underwriting, money market trading, advisory, and securities safekeeping and clearance; and support for international business activities, including foreign exchange, letters of credit, export-import financing, and other related activities. Additionally, the company offers insurance and securities brokerage services; holding of securities for investment purposes; and investment management services for mutual funds, institutions, and individuals. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.

Key Stats

• Today's Range: $130.36 to $134.87
• 50-Day Range: $120.00 to $143.96
• 52-Week Range: $94.09 to $147.64
• Volume: 977,189 shs
• Average Volume: 446,964 shs
• Market Capitalization: $8.52 billion
• P/E Ratio: 16.49
• Dividend Yield: 2.86%
• Price Target: $127.07
• Consensus Rating: Hold

Cullen/Frost Bankers Stock Analysis - MarketRank™

Cullen/Frost Bankers scored higher than 91% of companies evaluated by MarketBeat, and ranked 120th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Cullen/Frost Bankers has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 8 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Cullen/Frost Bankers has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -3.54%

Earnings Growth

Earnings for Cullen/Frost Bankers are expected to decrease by -3.54% in the coming year, from $8.75 to $8.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cullen/Frost Bankers is 16.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cullen/Frost Bankers is 16.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.79.

Price to Earnings Growth Ratio

Cullen/Frost Bankers has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cullen/Frost Bankers has a P/B Ratio of 2.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.61% of the float of Cullen/Frost Bankers has been sold short.

Short Interest Ratio / Days to Cover

Cullen/Frost Bankers has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Cullen/Frost Bankers has recently decreased by 9.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Cullen/Frost Bankers pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cullen/Frost Bankers has been increasing its dividend for 31 years.

Dividend Coverage

The dividend payout ratio of Cullen/Frost Bankers is 47.15%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Cullen/Frost Bankers will have a dividend payout ratio of 45.02% next year. This indicates that Cullen/Frost Bankers will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.52

Percentage of Shares Shorted

4.61% of the float of Cullen/Frost Bankers has been sold short.

Short Interest Ratio / Days to Cover

Cullen/Frost Bankers has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in Cullen/Frost Bankers has recently decreased by 9.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.34

News Sentiment

Cullen/Frost Bankers has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Cullen/Frost Bankers this week, compared to 6 articles on an average week.

MarketBeat Follows

3 people have added Cullen/Frost Bankers to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cullen/Frost Bankers insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,977,033.00 in company stock.

Percentage Held by Insiders

Only 2.89% of the stock of Cullen/Frost Bankers is held by insiders.

Percentage Held by Institutions

86.90% of the stock of Cullen/Frost Bankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CFR Stock Analysis - Frequently Asked Questions

How have CFR shares performed this year?

Cullen/Frost Bankers' stock was trading at $108.49 at the beginning of 2024. Since then, CFR shares have increased by 22.5% and is now trading at $132.87.
View the best growth stocks for 2024 here.

How were Cullen/Frost Bankers' earnings last quarter?

Cullen/Frost Bankers, Inc. (NYSE:CFR) posted its quarterly earnings data on Thursday, October, 31st. The bank reported $2.24 EPS for the quarter, beating the consensus estimate of $2.17 by $0.07. The company's revenue for the quarter was up 5.4% compared to the same quarter last year.

Who are Cullen/Frost Bankers' major shareholders?

Cullen/Frost Bankers' top institutional shareholders include State Street Corp (5.41%), Champlain Investment Partners LLC (5.32%), FMR LLC (2.51%) and King Luther Capital Management Corp (2.42%). Insiders that own company stock include Patrick B Frost, Paul Bracher, Phillip D Green, Jerry Salinas, Bobby Berman, Candace K Wolfshohl, Chris Avery, Howard Willome John, Carol Jean Severyn, Howard L Kasanoff and Anthony R Chase.
View institutional ownership trends.

How do I buy shares of Cullen/Frost Bankers?

Shares of CFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cullen/Frost Bankers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cullen/Frost Bankers investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:CFR
• CUSIP: 22989910
• CIK: 39263
• Web: www.frostbank.com
• Phone: (210) 220-4011
• Fax: 210-220-4325
• Employees: 5,495
• Year Founded: 1868

Price Target and Rating

• Average Stock Price Target: $127.07
• High Stock Price Target: $149.00
• Low Stock Price Target: $108.00
• Potential Upside/Downside: -4.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.06
• Trailing P/E Ratio: 16.49
• Forward P/E Ratio: 15.19
• P/E Growth: 1.66
• Net Income: $597.97 million
• Net Margins: 18.81%
• Pretax Margin: 22.44%
• Return on Equity: 15.82%
• Return on Assets: 1.15%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 0.66
• Quick Ratio: 0.66

Sales & Book Value

• Annual Sales: $2.03 billion
• Price / Sales: 4.20
• Cash Flow: $11.73 per share
• Price / Cash Flow: 11.33
• Book Value: $55.76 per share
• Price / Book: 2.38

Miscellaneous

• Outstanding Shares: 64,132,000
• Free Float: 62,279,000
• Market Cap: $8.52 billion
• Optionable: Optionable
• Beta: 0.99