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

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

Several other equities analysts have also recently commented on the stock. Royal Bank of Canada reissued a “sector perform” rating and set a $144.00 target price on shares of Cullen/Frost Bankers in a research note on Friday, January 31st. Keefe, Bruyette & Woods increased their price target on 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. Compass Point boosted their price objective on Cullen/Frost Bankers from $122.00 to $145.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. DA Davidson lowered Cullen/Frost Bankers from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $138.00 to $143.00 in a report on Monday, February 3rd. Finally, Evercore ISI upped their price target on shares of Cullen/Frost Bankers from $136.00 to $144.00 and gave the company an “underperform” rating in a report on Monday, February 10th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $132.77.

Cullen/Frost Bankers Price Performance

Shares of CFR opened at $124.42 on Thursday. Cullen/Frost Bankers has a one year low of $94.09 and a one year high of $147.64. The stock’s fifty day moving average is $134.41 and its 200-day moving average is $130.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 14.03, a price-to-earnings-growth ratio of 6.46 and a beta of 0.97.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $2.36 earnings per share (EPS) for the quarter, topping 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%.

Cullen/Frost Bankers Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Paul Bracher sold 11,500 shares of the business’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $139.45, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.89% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in Cullen/Frost Bankers by 205.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,844 shares of the bank’s stock worth $1,993,000 after buying an additional 9,977 shares during the last quarter. Jefferies Financial Group Inc. bought a new position in shares of Cullen/Frost Bankers during the 4th quarter valued at $408,000. Forum Financial Management LP acquired a new stake in shares of Cullen/Frost Bankers in the 4th quarter valued at $298,000. GTS Securities LLC increased 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 during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $20,384,000 after buying an additional 16,051 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

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.