Zacks Research Issues Optimistic Outlook for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities researchers at Zacks Research boosted their Q1 2025 earnings per share estimates for Cullen/Frost Bankers in a report released on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the bank will earn $2.10 per share for the quarter, up from their prior forecast of $1.97. 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' Q2 2025 earnings at $2.03 EPS, Q3 2025 earnings at $2.18 EPS, FY2025 earnings at $8.37 EPS, Q3 2026 earnings at $2.05 EPS, Q4 2026 earnings at $1.90 EPS, FY2026 earnings at $8.03 EPS and FY2027 earnings at $10.11 EPS.

A number of other brokerages have also commented on CFR. DA Davidson lowered Cullen/Frost Bankers from a "buy" rating to a "neutral" rating and upped their price target for the stock from $138.00 to $143.00 in a report on Monday, February 3rd. Keefe, Bruyette & Woods upped their price target on Cullen/Frost Bankers from $140.00 to $148.00 and gave the stock a "market perform" rating in a report on Monday, February 3rd. 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. Evercore ISI upped 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. Finally, Stephens upped their price target on Cullen/Frost Bankers from $125.00 to $136.00 and gave the stock an "equal weight" rating in a report on Friday, November 1st. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $132.54.

Cullen/Frost Bankers Stock Performance

Cullen/Frost Bankers stock traded down $2.15 during trading hours on Thursday, reaching $140.22. 459,684 shares of the company were exchanged, compared to its average volume of 454,326. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of 15.81, a PEG ratio of 6.58 and a beta of 0.99. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average of $138.39 and a 200 day moving average of $127.60. Cullen/Frost Bankers has a 12 month low of $94.09 and a 12 month high of $147.64.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last announced its earnings results on Thursday, January 30th. The bank reported $2.36 earnings per share (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%.

Cullen/Frost Bankers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend is Friday, February 28th. Cullen/Frost Bankers's dividend payout ratio (DPR) is 42.84%.

Insider Buying and Selling at Cullen/Frost Bankers

In other Cullen/Frost Bankers news, insider Paul Bracher sold 11,500 shares of the company's 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 sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.89% of the company's stock.

Institutional Trading of Cullen/Frost Bankers

Large investors have recently bought and sold shares of the stock. Tidal Investments LLC grew its position in Cullen/Frost Bankers by 30.3% in the third quarter. Tidal Investments LLC now owns 18,689 shares of the bank's stock valued at $2,091,000 after acquiring an additional 4,348 shares during the period. Pathstone Holdings LLC grew its position in Cullen/Frost Bankers by 45.0% in the third quarter. Pathstone Holdings LLC now owns 19,273 shares of the bank's stock valued at $2,156,000 after acquiring an additional 5,981 shares during the period. Barclays PLC grew its holdings in shares of Cullen/Frost Bankers by 234.5% during 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 last quarter. Raymond James & Associates grew its holdings in shares of Cullen/Frost Bankers by 10.0% during the third quarter. Raymond James & Associates now owns 119,447 shares of the bank's stock worth $13,361,000 after purchasing an additional 10,884 shares during the last quarter. Finally, Hancock Whitney Corp bought a new stake in shares of Cullen/Frost Bankers during the third quarter worth $784,000. 86.90% of the stock is currently owned by 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.