Zacks Research Analysts Lower Earnings Estimates for CFR

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Research analysts at Zacks Research decreased their Q1 2026 EPS estimates for shares of Cullen/Frost Bankers in a research note issued on Thursday, November 21st. Zacks Research analyst R. Department now expects that the bank will post earnings of $1.97 per share for the quarter, down from their prior estimate of $1.99. The consensus estimate for Cullen/Frost Bankers' current full-year earnings is $8.71 per share. Zacks Research also issued estimates for Cullen/Frost Bankers' Q3 2026 earnings at $1.95 EPS and FY2026 earnings at $7.71 EPS.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada boosted their target price on shares of Cullen/Frost Bankers from $118.00 to $130.00 and gave the stock a "sector perform" rating in a report on Friday, November 1st. Stephens increased their price objective on shares of Cullen/Frost Bankers from $125.00 to $136.00 and gave the company an "equal weight" rating in a report on Friday, November 1st. Compass Point lifted their target price on Cullen/Frost Bankers from $111.00 to $122.00 and gave the stock a "neutral" rating in a report on Tuesday, November 5th. Citigroup increased their price target on Cullen/Frost Bankers from $104.00 to $113.00 and gave the company a "sell" rating in a research note on Monday, November 4th. Finally, Evercore ISI reduced their price objective on Cullen/Frost Bankers from $123.00 to $115.00 and set an "underperform" rating on the stock in a research note on Wednesday, October 2nd. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Cullen/Frost Bankers has a consensus rating of "Hold" and an average price target of $123.86.

Cullen/Frost Bankers Price Performance

NYSE CFR traded up $1.60 during trading hours on Monday, reaching $143.92. The company's stock had a trading volume of 556,787 shares, compared to its average volume of 455,621. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.06. Cullen/Frost Bankers has a 1 year low of $94.09 and a 1 year high of $147.64. The firm's 50-day moving average price is $124.07 and its 200-day moving average price is $112.13. The company has a market capitalization of $9.23 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 1.72 and a beta of 0.98.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) last announced 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 business had revenue of $518.04 million for the quarter, compared to the consensus estimate of $517.25 million. Cullen/Frost Bankers had a return on equity of 15.82% and a net margin of 18.81%. The business's revenue was up 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.38 earnings per share.

Cullen/Frost Bankers Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Friday, November 29th. Cullen/Frost Bankers's dividend payout ratio is 47.15%.

Insider Transactions at Cullen/Frost Bankers

In other news, CEO Phillip D. Green sold 14,358 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $137.96, for a total value of $1,980,829.68. Following the completion of the sale, the chief executive officer now owns 94,423 shares of the company's stock, valued at approximately $13,026,597.08. This represents a 13.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Howard L. Kasanoff sold 4,000 shares of the business's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $138.34, for a total transaction of $553,360.00. Following the completion of the transaction, the executive vice president now directly owns 2,888 shares of the company's stock, valued at $399,525.92. This trade represents a 58.07 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,864 shares of company stock valued at $2,977,033. 3.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cullen/Frost Bankers

A number of institutional investors have recently added to or reduced their stakes in the stock. Covestor Ltd lifted its position in shares of Cullen/Frost Bankers by 169.9% during the third quarter. Covestor Ltd now owns 224 shares of the bank's stock valued at $25,000 after buying an additional 141 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Cullen/Frost Bankers during the 3rd quarter worth approximately $29,000. Asset Dedication LLC lifted its position in Cullen/Frost Bankers by 63.3% during the third quarter. Asset Dedication LLC now owns 271 shares of the bank's stock valued at $30,000 after acquiring an additional 105 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Cullen/Frost Bankers in the third quarter valued at approximately $44,000. Finally, Allworth Financial LP grew its holdings in Cullen/Frost Bankers by 116.6% in the third quarter. Allworth Financial LP now owns 444 shares of the bank's stock worth $50,000 after purchasing an additional 239 shares during the last quarter. Institutional investors own 86.90% of the company's stock.

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.