Zacks Research Analysts Decrease Earnings Estimates for CFR

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Analysts at Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Cullen/Frost Bankers in a research report issued to clients and investors on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the bank will post earnings of $2.09 per share for the quarter, down from their prior forecast of $2.10. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.85 per share. Zacks Research also issued estimates for Cullen/Frost Bankers' Q4 2025 earnings at $2.07 EPS, Q3 2026 earnings at $2.04 EPS and FY2027 earnings at $9.97 EPS.

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

Several other equities analysts have also recently issued reports on CFR. Keefe, Bruyette & Woods upped their price objective on Cullen/Frost Bankers from $140.00 to $148.00 and gave the company a "market perform" rating in a research report on Monday, February 3rd. Evercore ISI boosted their target price on Cullen/Frost Bankers from $136.00 to $144.00 and gave the stock an "underperform" rating in a research report on Monday, February 10th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $144.00 price target on shares of Cullen/Frost Bankers in a report on Friday, January 31st. Morgan Stanley reduced their price target on shares of Cullen/Frost Bankers from $132.00 to $120.00 and set an "underweight" rating for the company in a research note on Thursday, March 13th. Finally, DA Davidson cut shares of Cullen/Frost Bankers from a "buy" rating to a "neutral" rating and raised their target price for the stock from $138.00 to $143.00 in a report on Monday, February 3rd. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $132.57.

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Cullen/Frost Bankers Stock Down 4.5 %

Cullen/Frost Bankers stock traded down $5.03 during trading hours on Wednesday, hitting $106.68. The stock had a trading volume of 1,226,018 shares, compared to its average volume of 459,167. The stock's 50-day moving average price is $132.13 and its 200-day moving average price is $131.35. Cullen/Frost Bankers has a 12-month low of $94.09 and a 12-month high of $147.64. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $6.86 billion, a P/E ratio of 12.03, a price-to-earnings-growth ratio of 6.46 and a beta of 0.82.

Cullen/Frost Bankers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.56%. The ex-dividend date was Friday, February 28th. Cullen/Frost Bankers's dividend payout ratio is currently 42.84%.

Insiders Place Their Bets

In other Cullen/Frost Bankers news, insider Paul Bracher sold 11,500 shares of the company's stock in a transaction that occurred 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 $14,355,819.70. This represents a 10.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Cullen/Frost Bankers

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Cullen/Frost Bankers by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 6,375,303 shares of the bank's stock valued at $855,884,000 after acquiring an additional 66,243 shares during the last quarter. Geode Capital Management LLC grew its stake in Cullen/Frost Bankers by 6.4% in the third quarter. Geode Capital Management LLC now owns 1,097,697 shares of the bank's stock worth $122,820,000 after purchasing an additional 66,223 shares in the last quarter. Boston Trust Walden Corp increased its stake in shares of Cullen/Frost Bankers by 9.8% during the fourth quarter. Boston Trust Walden Corp now owns 1,052,290 shares of the bank's stock valued at $141,270,000 after buying an additional 94,252 shares during the period. Dimensional Fund Advisors LP increased its position in Cullen/Frost Bankers by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,026,585 shares of the bank's stock valued at $137,823,000 after purchasing an additional 6,159 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Cullen/Frost Bankers by 33.7% during the fourth quarter. Northern Trust Corp now owns 973,576 shares of the bank's stock valued at $130,703,000 after purchasing an additional 245,458 shares in the last quarter. 86.90% of the stock is owned by hedge funds and other institutional investors.

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.