Investment Analysts’ Recent Ratings Updates for Cullen/Frost Bankers (CFR)

A number of research firms have changed their ratings and price targets for Cullen/Frost Bankers (NYSE: CFR):

• 10/14/2026 – Cullen/Frost Bankers had its price target lowered by Cantor Fitzgerald from $175.00 to $167.00. They now have a “neutral” rating on the stock.
• 10/13/2026 – Cullen/Frost Bankers had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 10/9/2026 – Cullen/Frost Bankers had its price target lowered by Royal Bank Of Canada from $176.00 to $175.00. They now have a “sector perform” rating on the stock.
• 10/5/2026 – Cullen/Frost Bankers had its price target raised by Barclays from $160.00 to $175.00. They now have an “equal weight” rating on the stock.
• 10/5/2026 – Cullen/Frost Bankers had its price target lowered by TD Cowen from $185.00 to $178.00. They now have a “buy” rating on the stock.
• 9/28/2026 – Cullen/Frost Bankers had its price target raised by Morgan Stanley from $200.00 to $201.00. They now have an “overweight” rating on the stock.
• 9/8/2026 – Cullen/Frost Bankers was upgraded by Morgan Stanley from “underweight” to “overweight”. They now have a $200.00 price target on the stock, up from $141.00.
• 9/3/2026 – Cullen/Frost Bankers was downgraded by Zacks Research from “strong-buy” to “hold”.

Cullen/Frost Bankers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, August 31st. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 38.94%.

Cullen/Frost Bankers, Inc is a financial holding company headquartered in San Antonio, Texas. Its principal subsidiary, Frost Bank, provides banking and financial services to individuals, businesses and institutions throughout Texas.

Frost Bank offers personal and commercial deposit accounts, loans, mortgages, treasury management, payments and other business banking services. The company also provides wealth management, trust and investment services, brokerage services and insurance solutions through its related businesses.

Frost traces its history to 1868, when Thomas Claiborne Frost founded the bank in San Antonio.