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Tuesday, September 26, 2023

Are Things Looking Up For Cullen/Frost Bankers Inc. (NYSE: CFR)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Cullen/Frost Bankers Inc. (CFR) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $96.02. The Cullen/Frost Bankers Inc. has recorded 329,979 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted FROST BANK PRESIDENT PAT FROST TO RETIRE AT END OF 2023; LONGTIME SAN ANTONIO BANKER KENNY WILSON TO JOIN FROST.

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Stocks Info

The company is listed on the NYSE and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $96.02 and fluctuated between $96.79 as its day high and $95.29 as its day low. The current market capitalization of Cullen/Frost Bankers Inc. is $6.16B. A total of 1.08 million shares were traded on the day, compared to an average of 525.65K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, CFR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 31 BUYs and 21 SELLs from insiders. Insiders purchased 265,578 shares during that period but sold 212,459.

In the most recent transaction, FROST PATRICK B sold 6,617 shares of CFR for 101.09 per share on May 19. After the transaction, the President of Frost Bank now owns 210,946 company shares. In a previous transaction on May 15, John Howard Willome bought 2,000 shares at 98.66 per share. CFR shares that Director owns now total 9,000.

Among the insiders who bought shares, Avery Chris acquired of 5,000 shares on May 10 at a per-share price of $95.75. This resulted in the Director holding 10,000 shares of CFR after the transaction. In another insider transaction, Kasanoff Howard L. bought 1,000 shares at $100.50 per share on May 05. Company shares held by the GEVP Chief Credit Officer now total 2,912.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cullen/Frost Bankers Inc. pays an annual dividend of $3.68, resulting in a dividend yield of 3.83%, and it has a price to earnings (P/E) ratio of 8.99. CFR’s most recent ex-dividend date was 8/30/2023 when it declared a $0.92 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/30/2023. The CFR stock dividend was $0.87 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for CFR in the last 3 months, the mean price target is $117.93 with high estimates of $135.00 and low estimates of $100.00. In terms of 52-week highs and lows, CFR has a high of $160.60 and a low of $90.71.

As of this writing, CFR has an earnings estimate of $2.15 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $2.28 per share and a lower estimate of $1.96. The company reported an EPS of $2.7 in the last quarter, which was 5.90% higher than expectations of $2.55.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $50.46, while its Total Shareholder’s Equity was $4.44B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CFR is Buy with a score of 3.43.

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