Cullen/Frost Bankers (CFR) to Release Earnings on Thursday

Cullen/Frost Bankers (NYSE:CFR) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $2.13 per share and revenue of $540.57 million for the quarter.

Cullen/Frost Bankers (NYSE:CFR) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $2.36 EPS for the quarter, topping the consensus estimate of $2.17 by $0.19. Cullen/Frost Bankers had a return on equity of 15.95% and a net margin of 20.44%. On average, analysts expect Cullen/Frost Bankers to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Cullen/Frost Bankers Stock Performance

Shares of NYSE CFR opened at $117.61 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.06. The business’s 50 day moving average is $120.91 and its two-hundred day moving average is $131.07. The company has a market cap of $7.56 billion, a P/E ratio of 13.26, a P/E/G ratio of 6.46 and a beta of 0.82. Cullen/Frost Bankers has a 12 month low of $94.09 and a 12 month high of $147.64.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CFR shares. Royal Bank of Canada restated a “sector perform” rating and set a $144.00 price objective on shares of Cullen/Frost Bankers in a research report on Friday, January 31st. Evercore ISI boosted 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 lowered their price objective 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. Barclays began coverage on Cullen/Frost Bankers in a report on Tuesday, April 1st. They set an “equal weight” rating and a $130.00 price objective for the company. Finally, DA Davidson downgraded shares of Cullen/Frost Bankers from a “buy” rating to a “neutral” rating and lifted their price target for the company from $138.00 to $143.00 in a report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $132.57.

Insiders Place Their Bets

In related news, insider Paul Bracher sold 11,500 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 102,946 shares of the company’s stock, valued at $14,355,819.70. The trade was a 10.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 2.89% 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.