Cullen/Frost Bankers (CFR) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Cullen/Frost Bankers (NYSE: CFR):

• 5/7/2026 – Cullen/Frost Bankers had its price target raised by Citigroup Inc. from $125.00 to $131.00. They now have a “sell” rating on the stock.
• 5/5/2026 – Cullen/Frost Bankers was upgraded by Stephens from “equal weight” to “overweight”. They now have a $164.00 price target on the stock.
• 5/4/2026 – Cullen/Frost Bankers had its price target raised by DA Davidson from $143.00 to $144.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Cullen/Frost Bankers had its price target raised by Royal Bank Of Canada from $150.00 to $155.00. They now have a “sector perform” rating on the stock.
• 4/13/2026 – Cullen/Frost Bankers was upgraded by TD Cowen to “strong-buy”.
• 4/7/2026 – Cullen/Frost Bankers had its price target raised by Barclays PLC from $150.00 to $155.00. They now have an “equal weight” rating on the stock.
• 3/31/2026 – Cullen/Frost Bankers had its price target lowered by Morgan Stanley from $143.00 to $133.00. They now have an “underweight” rating on the stock.

Cullen/Frost Bankers Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a dividend of $1.03 per share. This is an increase from Cullen/Frost Bankers’s previous quarterly dividend of $1.00. This represents a $4.12 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, May 29th. Cullen/Frost Bankers’s dividend payout ratio (DPR) is presently 38.95%.

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.