Cullen/Frost Bankers (NYSE:CFR – Free Report) had its target price hoisted by Royal Bank Of Canada from $144.00 to $150.00 in a research note released on Friday,Benzinga reports. The firm currently has a sector perform rating on the bank’s stock.
Other analysts have also issued reports about the company. Citigroup lifted their target price on Cullen/Frost Bankers from $112.00 to $114.00 and gave the stock a “sell” rating in a research report on Friday, October 31st. Barclays lowered their price objective on Cullen/Frost Bankers from $145.00 to $140.00 and set an “equal weight” rating for the company in a research note on Friday, December 19th. Weiss Ratings restated a “hold (c)” rating on shares of Cullen/Frost Bankers in a report on Monday, December 29th. Finally, Keefe, Bruyette & Woods increased their target price on Cullen/Frost Bankers from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $138.18.
Get Our Latest Analysis on Cullen/Frost Bankers
Cullen/Frost Bankers Trading Down 0.8%
Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The bank reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.47 by $0.09. Cullen/Frost Bankers had a net margin of 21.99% and a return on equity of 15.79%. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $578.05 million. During the same period last year, the business earned $2.36 EPS. Equities research analysts predict that Cullen/Frost Bankers will post 8.85 EPS for the current fiscal year.
Cullen/Frost Bankers Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, February 27th. Cullen/Frost Bankers’s payout ratio is 41.15%.
Insider Activity
In related news, EVP Coolidge E. Rhodes, Jr. sold 700 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $127.00, for a total transaction of $88,900.00. Following the transaction, the executive vice president directly owned 3,795 shares in the company, valued at $481,965. This trade represents a 15.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.89% of the company’s stock.
Institutional Trading of Cullen/Frost Bankers
A number of institutional investors and hedge funds have recently modified their holdings of CFR. Root Financial Partners LLC acquired a new position in shares of Cullen/Frost Bankers in the 3rd quarter valued at about $26,000. Advisory Services Network LLC bought a new position in Cullen/Frost Bankers in the third quarter worth about $28,000. GoalVest Advisory LLC acquired a new position in Cullen/Frost Bankers in the third quarter valued at approximately $28,000. Blue Trust Inc. grew its holdings in shares of Cullen/Frost Bankers by 252.1% during the fourth quarter. Blue Trust Inc. now owns 257 shares of the bank’s stock valued at $33,000 after purchasing an additional 184 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in shares of Cullen/Frost Bankers by 8,800.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 267 shares of the bank’s stock worth $34,000 after purchasing an additional 264 shares during the period. 86.90% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Cullen/Frost Bankers
Here are the key news stories impacting Cullen/Frost Bankers this week:
- Positive Sentiment: Q4 earnings beat — Cullen/Frost reported roughly $2.56–$2.57 EPS, topping expectations, with revenue of ~$1.05B (well above consensus) driven by year‑over‑year net interest income and fee‑income growth. This outperformance is the main fundamental positive supporting the stock. Cullen/Frost Q4 Earnings Beat
- Positive Sentiment: Shareholder returns boosted — the board declared a $1.00 quarterly dividend and authorized a $300M stock‑repurchase program, which supports EPS and investor demand. Q4 & Annual Results / Buyback
- Positive Sentiment: Analyst optimism — several firms raised price targets this morning (Keefe, Bruyette & Woods to $160; Barclays to $150; RBC to $150), implying notable upside (~9–16%) from current levels and signaling improved analyst conviction. Keefe PT Raise Barclays PT Raise RBC PT Raise
- Neutral Sentiment: Board refresh — two new directors (Marsha M. Shields and Jeff Rummel) were elected and longtime director Chris Avery will retire; governance update but not an earnings driver. Board Announcement
- Neutral Sentiment: DA Davidson raised its price target (to $144) but kept a “neutral” rating, so the move is modestly supportive but not a clear buy signal. DA Davidson PT Raise
- Negative Sentiment: Expense pressure — management noted higher non‑interest expenses remain a drag on margins, which could cap near‑term upside despite revenue strength. Expense Headwinds
About Cullen/Frost Bankers
Cullen/Frost Bankers, Inc is the holding company for Frost Bank, a Texas-chartered financial institution whose origins date back to 1868 in San Antonio. As one of the oldest banking organizations in the state, it offers a broad range of services to individuals, small and large businesses, and institutional clients. Core banking activities include commercial lending, deposit services, cash management and trade finance, while consumer products cover residential mortgages, personal lines of credit and home equity loans.
Beyond traditional banking, the company provides comprehensive treasury and equipment leasing solutions tailored to support working capital and capital expenditure requirements.
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