What is Zacks Research’s Estimate for CFR FY2027 Earnings?

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Analysts at Zacks Research reduced their FY2027 EPS estimates for shares of Cullen/Frost Bankers in a research report issued to clients and investors on Tuesday, March 25th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $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 posted its earnings results on Thursday, January 30th. The bank reported $2.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.17 by $0.19. Cullen/Frost Bankers had a return on equity of 15.95% and a net margin of 20.44%.

A number of other equities research analysts also recently commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $144.00 price target on shares of Cullen/Frost Bankers in a report on Friday, January 31st. Keefe, Bruyette & Woods increased their price target on Cullen/Frost Bankers from $140.00 to $148.00 and gave the stock a “market perform” rating in a research note on Monday, February 3rd. Evercore ISI lifted their price objective on 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 reduced their target price on Cullen/Frost Bankers from $132.00 to $120.00 and set an “underweight” rating on the stock in a research report on Thursday, March 13th. Finally, Compass Point upped their price objective on shares of Cullen/Frost Bankers from $122.00 to $145.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $132.77.

Cullen/Frost Bankers Stock Up 0.6 %

CFR opened at $124.42 on Thursday. The firm has a market cap of $8.00 billion, a P/E ratio of 14.03, a PEG ratio of 6.46 and a beta of 0.97. The business’s fifty day simple moving average is $134.41 and its 200 day simple moving average is $130.83. Cullen/Frost Bankers has a 52 week low of $94.09 and a 52 week high of $147.64. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On Cullen/Frost Bankers

Institutional investors have recently modified their holdings of the stock. Tidal Investments LLC lifted its holdings in Cullen/Frost Bankers by 30.3% during the 3rd quarter. Tidal Investments LLC now owns 18,689 shares of the bank’s stock worth $2,091,000 after buying an additional 4,348 shares during the last quarter. Pathstone Holdings LLC raised its holdings in shares of Cullen/Frost Bankers by 45.0% during the third quarter. Pathstone Holdings LLC now owns 19,273 shares of the bank’s stock worth $2,156,000 after purchasing an additional 5,981 shares during the period. Barclays PLC boosted its holdings in shares of Cullen/Frost Bankers by 234.5% in the 3rd quarter. Barclays PLC now owns 436,393 shares of the bank’s stock valued at $48,814,000 after buying an additional 305,921 shares during the period. Hancock Whitney Corp bought a new stake in shares of Cullen/Frost Bankers during the 3rd quarter valued at about $784,000. Finally, Entropy Technologies LP acquired a new stake in Cullen/Frost Bankers during the fourth quarter worth about $389,000. Institutional investors and hedge funds own 86.90% of the company’s stock.

Insider Activity

In related news, insider Paul Bracher sold 11,500 shares of Cullen/Frost Bankers stock in a transaction on 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.89% of the company’s stock.

Cullen/Frost Bankers Announces Dividend

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

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.