Cullen/Frost Bankers (NYSE:CFR – Free Report) had its price objective hoisted by Cantor Fitzgerald from $158.00 to $175.00 in a research note released on Wednesday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the bank’s stock.
A number of other research firms also recently weighed in on CFR. TD Cowen raised their price target on shares of Cullen/Frost Bankers from $169.00 to $185.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Morgan Stanley increased their price objective on shares of Cullen/Frost Bankers from $133.00 to $141.00 and gave the company an “underweight” rating in a research note on Monday, June 29th. Jefferies Financial Group upgraded shares of Cullen/Frost Bankers from an “underperform” rating to a “hold” rating and raised their target price for the company from $135.00 to $160.00 in a research report on Monday, July 6th. DA Davidson boosted their target price on shares of Cullen/Frost Bankers from $143.00 to $144.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Cullen/Frost Bankers in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $161.75.
Read Our Latest Research Report on CFR
Cullen/Frost Bankers Trading Down 0.4%
Cullen/Frost Bankers (NYSE:CFR – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The bank reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.15. Cullen/Frost Bankers had a return on equity of 15.55% and a net margin of 23.34%.The company had revenue of $576.01 million for the quarter, compared to analyst estimates of $589.72 million. During the same quarter last year, the company posted $2.39 EPS. On average, research analysts anticipate that Cullen/Frost Bankers will post 10.9 EPS for the current fiscal year.
Cullen/Frost Bankers Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. Cullen/Frost Bankers’s dividend payout ratio is currently 38.94%.
Insider Transactions at Cullen/Frost Bankers
In related news, EVP Carol Jean Severyn sold 837 shares of Cullen/Frost Bankers stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $148.29, for a total transaction of $124,118.73. Following the sale, the executive vice president directly owned 12,712 shares in the company, valued at $1,885,062.48. This trade represents a 6.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.14% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Cullen/Frost Bankers
Several large investors have recently modified their holdings of CFR. Advisory Services Network LLC bought a new stake in shares of Cullen/Frost Bankers in the third quarter worth $28,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Cullen/Frost Bankers in the second quarter valued at $37,000. Global Retirement Partners LLC bought a new position in Cullen/Frost Bankers during the 2nd quarter worth $38,000. Covestor Ltd raised its position in Cullen/Frost Bankers by 67.6% during the 4th quarter. Covestor Ltd now owns 248 shares of the bank’s stock worth $31,000 after purchasing an additional 100 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Cullen/Frost Bankers during the 1st quarter worth about $41,000. Institutional investors own 86.90% of the company’s stock.
More Cullen/Frost Bankers News
Here are the key news stories impacting Cullen/Frost Bankers this week:
- Positive Sentiment: Zacks raised its earnings outlook across several periods. The firm increased its FY2026 EPS estimate to $10.82 from $10.15 and its FY2027 forecast to $10.45 from $10.22. It also lifted estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027 and Q1 2028. These revisions indicate improving expectations for Cullen/Frost’s profitability. Zacks maintained a “Strong-Buy” rating. Zacks earnings estimate revisions
- Positive Sentiment: Cantor Fitzgerald expects CFR shares to rise. The analyst’s constructive view adds to the positive research sentiment surrounding the regional bank and may encourage investor interest. Cullen/Frost Bankers stock price expected to rise
- Neutral Sentiment: A value comparison with Prosperity Bancshares provides context but no clear new catalyst. Investors are evaluating whether CFR or Prosperity Bancshares offers the better value opportunity. CFR trades at roughly 15.5 times earnings, while its shares remain above their 50-day and 200-day moving averages, suggesting the stock may not be viewed as deeply discounted after its strong yearly performance. PB versus CFR value comparison
- Neutral Sentiment: One estimate was trimmed. Zacks lowered its Q4 2027 EPS forecast to $2.75 from $2.80, a modest negative adjustment that is outweighed by the broader set of upward revisions. Cullen/Frost Bankers estimate update
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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