Press coverage about Cullen/Frost Bankers (NYSE:CFR) has trended somewhat negative on Saturday, according to AlphaOne Sentiment Analysis. The research group, a subsidiary of Accern, ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cullen/Frost Bankers earned a daily sentiment score of -0.07 on AlphaOne’s scale. AlphaOne also assigned news stories about the bank an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

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

Shares of Cullen/Frost Bankers (NYSE:CFR) traded down 0.51% during midday trading on Friday, hitting $96.79. The stock had a trading volume of 1,086,777 shares. Cullen/Frost Bankers has a one year low of $57.94 and a one year high of $99.20. The stock has a market cap of $6.19 billion, a PE ratio of 19.70 and a beta of 1.30. The firm has a 50 day moving average price of $93.15 and a 200 day moving average price of $90.13.

Cullen/Frost Bankers (NYSE:CFR) last released its quarterly earnings results on Wednesday, April 26th. The bank reported $1.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.06. The firm had revenue of $292.21 million for the quarter, compared to the consensus estimate of $319.56 million. Cullen/Frost Bankers had a return on equity of 10.84% and a net margin of 27.98%. During the same quarter last year, the business posted $1.07 EPS. On average, equities analysts forecast that Cullen/Frost Bankers will post $5.30 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Wednesday, May 31st were paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend was Friday, May 26th. This is an increase from Cullen/Frost Bankers’s previous quarterly dividend of $0.54. Cullen/Frost Bankers’s dividend payout ratio (DPR) is currently 46.44%.

Several equities analysts have issued reports on the company. Zacks Investment Research upgraded Cullen/Frost Bankers from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research note on Tuesday. Keefe, Bruyette & Woods set a $94.00 target price on Cullen/Frost Bankers and gave the company a “hold” rating in a research note on Monday, April 3rd. Morgan Stanley lifted their target price on Cullen/Frost Bankers from $89.00 to $90.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 6th. Wedbush upgraded Cullen/Frost Bankers from an “underperform” rating to a “neutral” rating and set a $92.00 target price on the stock in a research note on Friday, May 19th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $99.00 target price (up previously from $93.00) on shares of Cullen/Frost Bankers in a research note on Thursday, April 27th. Eleven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Cullen/Frost Bankers has a consensus rating of “Hold” and an average price target of $89.64.

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In other news, Director Graham M. Weston purchased 22,081 shares of the company’s stock in a transaction that occurred on Tuesday, May 16th. The shares were purchased at an average price of $90.56 per share, for a total transaction of $1,999,655.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.15% of the company’s stock.

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.

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