Cullen Frost Bankers Inc (NYSE:CFR) shares traded 0.37% higher at $111.60 on Wall Street last session.
CFR stock price is now -11.90% away from the 50-day moving average and -10.06% away from the 200-day moving average. The market capitalization of the company currently stands at $7.17B.
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With the price target of $130, Barclays recently initiated with Equal Weight rating for Cullen Frost Bankers Inc (NYSE: CFR). On February 03, 2025, DA Davidson Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $138 to quote $143, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, Bracher Paul, President of CFR sold 11,500 shares of the company’s stock on Jan 31 ’25. The stock was sold for $1,603,675 at an average price of $139.45. Upon completion of the transaction, the President of CFR now directly owns 102,946 shares in the company, valued at $11.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 31 ’25, Officer Bracher Paul bought 11,500 shares of the business’s stock. A total of $1,602,533 was incurred on buying the stock at an average price of $139.35. A total of 7.34% of the company’s stock is owned by insiders.
During the past 12 months, Cullen Frost Bankers Inc has had a low of $94.09 and a high of $147.64. According to the stock market information, the enterprise value for the company is $1940865536, which is based on a 12.59 price-to-earnings ratio, a 6.08 price-to-earnings-growth ratio, and a beta of 0.69. The fifty day moving average price for CFR is $126.6786 and a two-hundred day moving average price translates $124.0826 for the stock.
The latest earnings results from Cullen Frost Bankers Inc (NYSE: CFR) was released for 2024-12-31. The net profit margin was 20.03% and return on equity was 15.13% for CFR. The company reported revenue of $600.69 million for the quarter, compared to $579.08 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.73 percent.
