News articles about Cullen/Frost Bankers (NYSE:CFR) have been trending somewhat negative this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of -0.04 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.1047987355797 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

A number of analysts have recently issued reports on the stock. BidaskClub downgraded shares of Cullen/Frost Bankers from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Deutsche Bank AG lifted their price objective on shares of Cullen/Frost Bankers from $96.00 to $102.00 and gave the stock a “hold” rating in a report on Wednesday, November 8th. ValuEngine downgraded shares of Cullen/Frost Bankers from a “buy” rating to a “hold” rating in a report on Thursday, November 9th. Citigroup Inc. downgraded shares of Cullen/Frost Bankers to an “underperform” rating in a report on Thursday, August 10th. They noted that the move was a valuation call. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $95.00 price objective on shares of Cullen/Frost Bankers in a report on Friday, August 11th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $100.58.

Shares of Cullen/Frost Bankers (CFR) traded up $0.58 during trading hours on Friday, reaching $95.38. 207,332 shares of the company were exchanged, compared to its average volume of 443,024. The stock has a market cap of $6,024.63, a PE ratio of 18.13, a PEG ratio of 1.88 and a beta of 1.35. Cullen/Frost Bankers has a one year low of $79.76 and a one year high of $103.37. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.65 and a current ratio of 0.65.

Cullen/Frost Bankers (NYSE:CFR) last issued its earnings results on Thursday, October 26th. The bank reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.10. Cullen/Frost Bankers had a net margin of 28.86% and a return on equity of 11.64%. The company had revenue of $300.83 million for the quarter, compared to analysts’ expectations of $329.62 million. During the same quarter last year, the company earned $1.24 EPS. equities research analysts predict that Cullen/Frost Bankers will post 5.35 EPS for the current fiscal year.

Cullen/Frost Bankers declared that its board has initiated a share repurchase plan on Thursday, October 26th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the bank to buy up to 2.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Thursday, November 30th will be given a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Wednesday, November 29th. Cullen/Frost Bankers’s payout ratio is 43.35%.

In other Cullen/Frost Bankers news, insider Bobby Berman sold 41,760 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $100.53, for a total value of $4,198,132.80. Following the transaction, the insider now owns 38,596 shares in the company, valued at $3,880,055.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.15% of the stock is currently owned by insiders.

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Cullen/Frost Bankers Company Profile

Cullen/Frost Bankers, Inc is a financial holding company and a bank holding company. The Company, through its subsidiaries, provides a range of products and services throughout Texas markets. The Company’s segments include Banking, Frost Wealth Advisors and Non-Banks. The Banking segment includes both commercial and consumer banking services, and Frost Insurance Agency.

Insider Buying and Selling by Quarter for Cullen/Frost Bankers (NYSE:CFR)

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