DA Davidson Issues Optimistic Forecast for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Equities researchers at DA Davidson raised their Q1 2025 EPS estimates for Cullen/Frost Bankers in a research note issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now forecasts that the bank will post earnings of $2.18 per share for the quarter, up from their prior estimate of $2.17. DA Davidson currently has a “Neutral” rating and a $143.00 target price on the stock. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. DA Davidson also issued estimates for Cullen/Frost Bankers’ FY2026 earnings at $9.41 EPS.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $2.36 EPS for the quarter, beating analysts’ consensus estimates 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 research analysts have also weighed in on CFR. Keefe, Bruyette & Woods raised their price objective on shares of Cullen/Frost Bankers from $140.00 to $148.00 and gave the company a “market perform” rating in a research note on Monday, February 3rd. Morgan Stanley cut their price target on Cullen/Frost Bankers from $132.00 to $120.00 and set an “underweight” rating for the company in a research note on Thursday, March 13th. Royal Bank of Canada reissued 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. Barclays assumed coverage on Cullen/Frost Bankers in a research report on Tuesday. They set an “equal weight” rating and a $130.00 target price on the stock. Finally, Compass Point increased their price target on Cullen/Frost Bankers from $122.00 to $145.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Four analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Cullen/Frost Bankers has a consensus rating of “Hold” and a consensus price target of $132.57.

Cullen/Frost Bankers Stock Performance

Shares of Cullen/Frost Bankers stock opened at $124.42 on Thursday. The business has a 50-day simple moving average of $133.35 and a 200 day simple moving average of $131.37. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 6.46 and a beta of 0.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.68 and a quick ratio of 0.68. Cullen/Frost Bankers has a one year low of $94.09 and a one year high of $147.64.

Institutional Investors Weigh In On Cullen/Frost Bankers

Several large investors have recently made changes to their positions in the company. Tidal Investments LLC boosted its holdings in shares of Cullen/Frost Bankers by 30.3% in the 3rd quarter. Tidal Investments LLC now owns 18,689 shares of the bank’s stock worth $2,091,000 after purchasing an additional 4,348 shares during the period. Barclays PLC lifted its position in Cullen/Frost Bankers by 234.5% in the third quarter. Barclays PLC now owns 436,393 shares of the bank’s stock worth $48,814,000 after buying an additional 305,921 shares during the last quarter. Entropy Technologies LP purchased a new position in Cullen/Frost Bankers during the fourth quarter worth $389,000. National Bank of Canada FI bought a new position in Cullen/Frost Bankers during the third quarter valued at $1,586,000. Finally, HighTower Advisors LLC raised its stake in shares of Cullen/Frost Bankers by 8.3% in the fourth quarter. HighTower Advisors LLC now owns 13,083 shares of the bank’s stock valued at $1,756,000 after acquiring an additional 1,003 shares during the period. 86.90% of the stock is owned by institutional investors.

Insider Buying and Selling 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 stock was sold at an average price of $139.45, for a total value of $1,603,675.00. Following the transaction, the insider now directly owns 102,946 shares in the company, valued at $14,355,819.70. The trade was a 10.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.20% of the stock is owned by corporate insiders.

Cullen/Frost Bankers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.95 per share. The ex-dividend date was Friday, February 28th. This represents a $3.80 annualized dividend and a dividend yield of 3.05%. Cullen/Frost Bankers’s payout ratio is 42.84%.

Cullen/Frost Bankers Company Profile

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.