Research Analysts Set Expectations for CFR FY2027 Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Equities researchers at Zacks Research lowered their FY2027 earnings estimates for Cullen/Frost Bankers in a research note issued to investors on Tuesday, March 25th. Zacks Research analyst R. Department now anticipates that the bank will earn $10.02 per share for the year, down from their previous forecast of $10.11. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share.

Cullen/Frost Bankers (NYSE:CFR) last issued its earnings results on Thursday, January 30th. The bank reported $2.36 EPS for the quarter, beating the consensus estimate of $2.17 by $0.19. Cullen/Frost Bankers had a net margin of 20.44% and a return on equity of 15.95%.

A number of other equities research analysts also recently weighed in on CFR. Evercore ISI lifted their price target on shares of Cullen/Frost Bankers from $136.00 to $144.00 and gave the company an “underperform” rating in a research report on Monday, February 10th. Morgan Stanley cut their price objective on Cullen/Frost Bankers from $132.00 to $120.00 and set an “underweight” rating on the stock in a report on Thursday, March 13th. Compass Point upped their price target on shares of Cullen/Frost Bankers from $122.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $144.00 price objective on shares of Cullen/Frost Bankers in a research note on Friday, January 31st. Finally, DA Davidson lowered shares of Cullen/Frost Bankers from a “buy” rating to a “neutral” rating and boosted their target price for the company from $138.00 to $143.00 in a report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $132.77.

Cullen/Frost Bankers Stock Down 1.1 %

Cullen/Frost Bankers stock opened at $123.76 on Thursday. The stock has a market cap of $7.95 billion, a P/E ratio of 13.95, a P/E/G ratio of 6.46 and a beta of 0.97. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.06. Cullen/Frost Bankers has a twelve month low of $94.09 and a twelve month high of $147.64. The company’s 50-day moving average price is $134.79 and its two-hundred day moving average price is $130.72.

Cullen/Frost Bankers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were issued a $0.95 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $3.80 dividend on an annualized basis and a yield of 3.07%. Cullen/Frost Bankers’s dividend payout ratio is currently 42.84%.

Insider Transactions at Cullen/Frost Bankers

In other news, insider Paul Bracher sold 11,500 shares of the business’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $139.45, for a total value of $1,603,675.00. Following the completion of the sale, the insider now owns 102,946 shares in the company, valued at approximately $14,355,819.70. The trade was a 10.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.89% of the company’s stock.

Institutional Trading of Cullen/Frost Bankers

A number of institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its position in shares of Cullen/Frost Bankers by 205.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,844 shares of the bank’s stock valued at $1,993,000 after buying an additional 9,977 shares in the last quarter. Jefferies Financial Group Inc. purchased a new stake in shares of Cullen/Frost Bankers in the fourth quarter valued at approximately $408,000. Forum Financial Management LP acquired a new stake in shares of Cullen/Frost Bankers in the fourth quarter valued at approximately $298,000. GTS Securities LLC lifted its position in Cullen/Frost Bankers by 364.0% during the fourth quarter. GTS Securities LLC now owns 3,248 shares of the bank’s stock worth $436,000 after buying an additional 2,548 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Cullen/Frost Bankers by 11.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 151,837 shares of the bank’s stock worth $20,384,000 after buying an additional 16,051 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

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.