Zacks Research Issues Negative Outlook for CFR Earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR) – Analysts at Zacks Research cut their Q2 2026 EPS estimates for Cullen/Frost Bankers in a note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now anticipates that the bank will earn $2.36 per share for the quarter, down from their prior estimate of $2.39. The consensus estimate for Cullen/Frost Bankers’ current full-year earnings is $8.85 per share. Zacks Research also issued estimates for Cullen/Frost Bankers’ Q1 2027 earnings at $2.27 EPS and Q2 2027 earnings at $2.23 EPS.

Other analysts have also issued reports about the stock. Morgan Stanley raised their price objective on shares of Cullen/Frost Bankers from $125.00 to $136.00 and gave the stock an “underweight” rating in a report on Monday, September 29th. TD Cowen upgraded shares of Cullen/Frost Bankers to a “strong-buy” rating in a report on Thursday, September 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Cullen/Frost Bankers in a report on Wednesday, October 8th. Barclays lowered their price objective on shares of Cullen/Frost Bankers from $155.00 to $145.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Finally, Royal Bank Of Canada raised their price objective on shares of Cullen/Frost Bankers from $140.00 to $144.00 and gave the stock a “sector perform” rating in a report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Cullen/Frost Bankers currently has an average rating of “Hold” and an average target price of $137.62.

Cullen/Frost Bankers Stock Performance

Shares of CFR opened at $120.66 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.64 and a quick ratio of 0.64. Cullen/Frost Bankers has a one year low of $100.31 and a one year high of $147.64. The company has a 50-day simple moving average of $127.11 and a two-hundred day simple moving average of $125.91. The firm has a market capitalization of $7.76 billion, a PE ratio of 12.99, a price-to-earnings-growth ratio of 3.08 and a beta of 0.71.

Cullen/Frost Bankers (NYSE:CFR) last posted its earnings results on Thursday, July 31st. The bank reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.28 by $0.11. Cullen/Frost Bankers had a net margin of 21.20% and a return on equity of 15.46%. The company had revenue of $567.83 million during the quarter, compared to analyst estimates of $552.04 million. During the same period in the prior year, the business posted $2.21 earnings per share.

Hedge Funds Weigh In On Cullen/Frost Bankers

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank bought a new stake in shares of Cullen/Frost Bankers during the second quarter valued at approximately $90,484,000. Impax Asset Management Group plc increased its position in shares of Cullen/Frost Bankers by 350.8% during the first quarter. Impax Asset Management Group plc now owns 518,387 shares of the bank’s stock valued at $64,359,000 after acquiring an additional 403,387 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Cullen/Frost Bankers by 61.6% during the first quarter. Goldman Sachs Group Inc. now owns 605,697 shares of the bank’s stock valued at $75,833,000 after acquiring an additional 230,993 shares in the last quarter. Nuveen LLC bought a new stake in shares of Cullen/Frost Bankers during the first quarter valued at approximately $12,885,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Cullen/Frost Bankers by 3,892.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 100,368 shares of the bank’s stock valued at $12,901,000 after acquiring an additional 97,854 shares in the last quarter. Institutional investors own 86.90% of the company’s stock.

Cullen/Frost Bankers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.3%. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 43.06%.

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.