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Cullen/Frost Bankers (CFR)
NYSE:CFR
Cullen/Frost Bankers (CFR) Stock Price & Analysis
181 Followers
CFR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$80.79 - $117.05
Previous Close$107.29
Volume121.79K
Average Volume (3M)430.06K
Market Cap
$6.99B
Enterprise Value$7.11B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$222.62M
Price to Earnings (P/E)11.8
Beta0.70
Next Earnings
Apr 25, 2024EPS Estimate
$2.09Last Dividend Ex-Date
Feb 28, 2024Dividend Yield3.37%
Share Statistics
EPS (TTM)9.08
Shares Outstanding64,202,891
10 Day Avg. Volume350,477
30 Day Avg. Volume430,064
Standard Deviation0.09
R-Squared0.35
Alpha-0.00286
Financial Highlights & Ratios
Price to Book (P/B)1.94
Price to Sales (P/S)3.48
Price to Cash Flow (P/CF)-20.90
P/FCF Ratio22.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.58
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$117.83Price Target Upside8.20% Upside
Rating ConsensusHold
Number of Analyst Covering14
Cullen/Frost Bankers News
PremiumCompany Announcements
Cullen/Frost Investor Presentation: Forward-Looking Statements Caution
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceCFR reported 4Q23 results with core EPS of $2.18, beating consensus of $2.02 due to better-than-expected loan and deposit growth and a stable NIM.
Expansion And PerformanceHouston 2.0 initiative outperformed goals for new households, loans, and deposits, showcasing the company's successful growth strategy.
Strategic GrowthCFR's presence in Dallas is expected to grow by 3x and its presence in Austin is expected to grow by 2x, indicating a strong expansion strategy in key Texas markets.
Bears Say
Deposit GrowthDeposits increased 3% annually, modestly below the forecast of +4%.
Earnings Estimate RevisionAnalyst lowers the 2024/2025 EPS estimates to $8.55/$8.60 from $8.70/$8.80 due to higher noninterest expense assumptions.
Financial GuidanceManagement provided initial 2024 line-item guidance which included core expense growth of as much as 13% vs. 2023, above the estimate of 9%.
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Ownership Overview
7.80% Insiders
31.05% Mutual Funds
25.65% Other Institutional Investors
35.51% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CFR FAQ
What was Cullen/Frost Bankers’s price range in the past 12 months?
Cullen/Frost Bankers lowest stock price was $80.79 and its highest was $117.05 in the past 12 months.
What is Cullen/Frost Bankers’s market cap?
Currently, no data Available
When is Cullen/Frost Bankers’s upcoming earnings report date?
Cullen/Frost Bankers’s upcoming earnings report date is Apr 25, 2024 which is in 7 days.
How were Cullen/Frost Bankers’s earnings last quarter?
Cullen/Frost Bankers released its earnings results on Jan 25, 2024. The company reported $1.55 earnings per share for the quarter, missing the consensus estimate of $1.934 by -$0.384.
Is Cullen/Frost Bankers overvalued?
According to Wall Street analysts Cullen/Frost Bankers’s price is currently Undervalued.
Does Cullen/Frost Bankers pay dividends?
Cullen/Frost Bankers pays a Quarterly dividend of $0.92 which represents an annual dividend yield of 3.37%. See more information on Cullen/Frost Bankers dividends here
What is Cullen/Frost Bankers’s EPS estimate?
Cullen/Frost Bankers’s EPS estimate is $2.09.
How many shares outstanding does Cullen/Frost Bankers have?
Cullen/Frost Bankers has 64,217,210 shares outstanding.
What happened to Cullen/Frost Bankers’s price movement after its last earnings report?
Cullen/Frost Bankers reported an EPS of $1.55 in its last earnings report, missing expectations of $1.934. Following the earnings report the stock price went up 0.51%.
Which hedge fund is a major shareholder of Cullen/Frost Bankers?
Among the largest hedge funds holding Cullen/Frost Bankers’s share is Polaris Capital Management LLC. It holds Cullen/Frost Bankers’s shares valued at 39M.
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Cullen/Frost Bankers Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$117.83 (8.20% Upside)
$117.83 (8.20% Upside)
Blogger Sentiment
Bullish
CFR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 223.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $437.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 3.2%
Last 30 Days ▼ 5.0%
Last 30 Days ▼ 5.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.68%
12-Months-Change
Fundamentals
Return on Equity
17.27%
Trailing 12-Months
Asset Growth
-3.87%
Trailing 12-Months
Company Description
Cullen/Frost Bankers
Cullen/Frost Bankers, Inc. operates as a bank holding company of Frost Bank, which engages in the provision of commercial and consumer banking services, as well as trust and investment management, mutual funds, investment banking, insurance, brokerage, leasing, asset-based lending, treasury management and item processing services. It operates through the following segments: Banking and Frost Wealth Advisors. The Banking operating segment includes both commercial and consumer banking services and Frost Insurance Agency. Commercial banking services are provided to corporations and other business clients and include a wide array of lending and cash management products; Consumer banking services include direct lending and depository services; Frost Insurance Agency provides insurance brokerage services to individuals and businesses covering corporate and personal property and casualty products, as well as group health and life insurance products and human resources consulting services. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services, including personal wealth management and brokerage services. The company was founded in 1868 and is headquartered in San Antonio, TX.
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CFR Earnings Call
Q4 2024
0:00 / 0:00
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CFR Stock 12 Months Forecast
Average Price Target
$117.83
▲(8.20% Upside)
Technical Analysis
First Financial Bankshares
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Home Bancshares
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Pinnacle Financial Partners
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ServisFirst Bancshares
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Best Analysts Covering CFR
1 Year
1 Year Success Rate
14/19 ratings generated profit
1 Year Average Return
+20.84%
reiterated a buy rating 3 months ago
Copying Michael Diana's trades and holding each position for 1 Year would result in 73.68% of your transactions generating a profit, with an average return of +20.84% per trade.
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