Cullen/Frost Bankers (CFR) News Today

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Investment analysts at Zacks Research increased their Q3 2024 EPS estimates for shares of Cullen/Frost Bankers in a report released on Wednesday, August 14th. Zacks Research analyst R. Department now forecasts that the bank will post earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Get Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totalling 2,630,000 shares, a growth of 15.4% from the July 15th total of 2,280,000 shares. Currently, 4.4% of the company's stock are sold short. Based on an average trading volume of 493,900 shares, the short-interest ratio is presently 5.3 days.

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities research analysts at Zacks Research lifted their Q4 2024 EPS estimates for shares of Cullen/Frost Bankers in a report issued on Wednesday, August 14th. Zacks Research analyst R. Department now expects that the bank will post earnings

Cullen/Frost Bankers (NYSE:CFR) Stock Passes Above Two Hundred Day Moving Average of $106.20

Shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Get Free Report) have earned an average recommendation of "Hold" from the fourteen ratings firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have assigned a h

Tidal Investments LLC raised its position in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 125.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,888 shares of the bank's stock after buying an add

Westwood Holdings Group Inc. lifted its stake in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 16.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 432,866 shares of the bank's stock after buying an add

Janus Henderson Group PLC grew its position in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 18.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,021,559 shares of the bank

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Research analysts at DA Davidson raised their FY2024 earnings per share (EPS) estimates for shares of Cullen/Frost Bankers in a report released on Monday, July 29th. DA Davidson analyst P. Winter now forecasts that the bank will post earnings

Cullen/Frost Bankers, Inc. (NYSE:CFR - Get Free Report) EVP Candace K. Wolfshohl sold 5,000 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $119.65, for a total value of $598,250.00. Following the completion of the sale, the executive vice president now directly owns 18,753 shares in the company, valued at $2,243,796.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - DA Davidson issued their Q3 2024 earnings per share (EPS) estimates for Cullen/Frost Bankers in a research report issued on Monday, July 29th. DA Davidson analyst P. Winter expects that the bank will earn $2.19 per share for the quarter. DA Da

Truist Financial upped their price objective on shares of Cullen/Frost Bankers from $102.00 to $126.00 and gave the stock a "hold" rating in a report on Monday.

Cullen/Frost Bankers (NYSE:CFR - Get Free Report) announced its quarterly earnings results on Thursday. The bank reported $2.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.05 by $0.16. Cullen/Frost Bankers had a return on equity of 18.31% and a net margin of 20.57%. During the same period in the prior year, the business earned $2.47 earnings per share.

Stephens raised their price objective on Cullen/Frost Bankers from $116.00 to $131.00 and gave the stock an "equal weight" rating in a report on Friday.

Natixis acquired a new position in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 8,500 shares of the bank's stock, valued at approximately $957,000. Other large investors have also recently made chan

Cullen/Frost Bankers, Inc. (NYSE:CFR) announced a quarterly dividend on Thursday, July 25th. Stockholders of record on Friday, August 30th will be given a dividend of 0.95 per share by the bank on Friday, September 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Friday, August 30th. This is a boost from Cullen/Frost Bankers's previous quarterly dividend of $0.92.

Cullen/Frost Bankers (NYSE:CFR) Reaches New 1-Year High at $120.55

Vanguard Group Inc. trimmed its holdings in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 0.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,356,723 shares of the bank's stock after selli

Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) - Equities researchers at Zacks Research lowered their Q2 2024 EPS estimates for Cullen/Frost Bankers in a report issued on Tuesday, July 23rd. Zacks Research analyst R. Department now expects that the bank will post earnings of $2.04 per share

State Board of Administration of Florida Retirement System cut its holdings in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 13.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,980 shares of the bank's sto

ProShare Advisors LLC trimmed its position in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 21.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 274,775 shares of the bank's stock after selli

Oppenheimer & Co. Inc. decreased its holdings in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 42.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,993 shares of the bank's stock after selling 7,404 shares during the period.

Sei Investments Co. grew its holdings in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 15.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 377,920 shares of the bank's stock a

WealthPLAN Partners LLC reduced its position in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) by 26.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,536 shares of the bank's stock

Shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Get Free Report) have earned an average recommendation of "Hold" from the thirteen research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a

Royal Bank of Canada increased their target price on shares of Cullen/Frost Bankers from $118.00 to $119.00 and gave the stock a "sector perform" rating in a research note on Tuesday.

Truist Financial decreased their target price on Cullen/Frost Bankers from $115.00 to $102.00 and set a "hold" rating on the stock in a report on Monday.

Norden Group LLC acquired a new stake in shares of Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,432 shares of the bank's stock, valued at approximat

Norden Group LLC acquired a new stake in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,432 shares of the bank's stock, valued at approximately $1,062,000. A number of other institutional i

Oak Harvest Investment Services purchased a new stake in Cullen/Frost Bankers, Inc. (NYSE:CFR - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,405 shares of the bank's stock, valued at approximately $2,

Cullen/Frost Bankers, Inc. (NYSE:CFR - Get Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 2,230,000 shares, a drop of 9.0% from the May 31st total of 2,450,000 shares. Based on an average trading volume of 382,200 shares, the short-interest ratio is presently 5.8 days. Currently, 3.7% of the company's stock are sold short.

Jefferies Financial Group lowered their price objective on shares of Cullen/Frost Bankers from $117.00 to $108.00 and set a "hold" rating for the company in a research note on Wednesday.