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Cullen/Frost Bankers (CFR) Stock Forecast, Price Target & Predictions

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CFR Stock Forecast

Cullen/Frost Bankers stock forecast is as follows: an average price target of $123.80 (represents a -6.83% downside from CFR’s last price of $132.87) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

CFR Price Target

The average price target for Cullen/Frost Bankers (CFR) is $123.80 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $149.00 to $104.00. This represents a potential -6.83% downside from CFR's last price of $132.87.

CFR Analyst Ratings

Hold

According to 12 Wall Street analysts, Cullen/Frost Bankers's rating consensus is 'Hold'. The analyst rating breakdown for CFR stock is 1 'Strong Buy' (8.33%), 4 'Buy' (33.33%), 5 'Hold' (41.67%), 2 'Sell' (16.67%), and 0 'Strong Sell' (0.00%).

Cullen/Frost Bankers Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 01, 2024Michael DianaMaxim Group$149.00$125.9818.27%12.14%
Sep 30, 2024Benjamin GerlingerCitigroup$104.00$111.19-6.47%-21.73%
Sep 24, 2024David ChiaveriniWedbush$123.00$112.549.29%-7.43%
Sep 20, 2024Brandon KingTruist Financial$123.00$115.566.44%-7.43%
Jul 29, 2024Brandon KingTruist Financial$126.00$119.745.23%-5.17%
Jul 26, 2024David ChiaveriniWedbush$124.00$117.715.34%-6.68%
Jul 26, 2024Karl ShepardRBC Capital$120.00$119.760.20%-9.69%
Feb 01, 2023Truist Financial$136.00$130.284.39%2.36%
Dec 21, 2022D.A. Davidson$147.00$127.9414.90%10.63%
Dec 13, 2022J.P. Morgan$155.00$129.8219.40%16.66%
Dec 05, 2022Morgan Stanley$178.00$137.2229.72%33.97%
Sep 14, 2022Truist Financial$150.00$139.787.31%12.89%
Aug 15, 2022David RochesterCompass Point$152.00$136.4911.36%14.40%
Aug 02, 2022Stephens$145.00$131.0410.65%9.13%
Jul 29, 2022Raymond James$150.00$128.5516.69%12.89%
Jul 13, 2022David RochesterCompass Point$128.00$117.259.17%-3.67%
Jul 07, 2022Raymond James$145.00$118.1122.77%9.13%
Jun 15, 2022Truist Financial$134.00$121.3110.46%0.85%
May 26, 2022Wolfe Research$132.00$121.638.53%-0.65%
Jan 27, 2022Jon ArfstromRBC Capital$145.00$135.047.38%9.13%
Dec 06, 2021Ken ZerbeMorgan Stanley$108.00$128.05-15.66%-18.72%

The latest Cullen/Frost Bankers stock forecast, released on Nov 01, 2024 by Michael Diana from Maxim Group, set a price target of $149.00, which represents a 18.27% increase from the stock price at the time of the forecast ($125.98), and a 12.14% increase from CFR last price ($132.87).

Cullen/Frost Bankers Price Target by Period

1M3M12M
# Anlaysts-47
Avg Price Target-$124.75$124.14
Last Closing Price$132.87$132.87$132.87
Upside/Downside-100.00%-6.11%-6.57%

In the current month, the average price target of Cullen/Frost Bankers stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cullen/Frost Bankers's last price of $132.87. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Nov 01, 2024Maxim GroupBuyBuyHold
Sep 30, 2024CitigroupSellSellHold
Sep 24, 2024WedbushNeutralNeutralHold
Aug 05, 2024Morgan StanleyOverweightUnderweightDowngrade
Jul 26, 2024WedbushNeutralNeutralHold
Jul 26, 2024StephensEqual-WeightEqual-WeightHold
Jul 09, 2024RBC CapitalSector PerformSector PerformHold
Jun 25, 2024WedbushSector PerformSector PerformHold
Jun 25, 2024Truist FinancialUnderperformUnderperformHold
Apr 08, 2024JefferiesHoldHoldHold
Mar 28, 2024WedbushSector PerformSector PerformHold
Jan 26, 2024Keefe, Bruyette & WoodsUnderperformUnderperformHold
Jan 26, 2024WedbushMarket PerformMarket PerformHold
Aug 25, 2023UBSNeutralUpgrade
Jan 05, 2023Bank of America SecuritiesBuyUpgrade
Dec 05, 2022Morgan StanleyOverweightInitialise
Nov 02, 2022Wolfe ResearchOutperformPeer PerformDowngrade
Oct 27, 2022CFRABuyStrong BuyUpgrade
Aug 15, 2022Compass PointNeutralBuyUpgrade
Aug 02, 2022StephensEqual-WeightEqual-WeightHold
Aug 01, 2022WedbushNeutralUpgrade
Jul 29, 2022Raymond JamesOutperformOutperformHold
Jul 13, 2022Compass PointNeutralUpgrade
Jul 07, 2022Raymond JamesOutperformOutperformHold
May 26, 2022Wolfe ResearchOutperformOutperformHold
Apr 28, 2022CFRABuyUpgrade

Cullen/Frost Bankers's last stock rating was published by Maxim Group on Nov 01, 2024. The company gave CFR a "Buy" rating, the same as its previous rate.

Cullen/Frost Bankers Financial Forecast

Cullen/Frost Bankers Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$561.11M-$505.08M$504.14M$47.04M$79.53M$350.46M$349.76M$339.31M$348.40M$334.12M$333.58M$327.02M$323.41M$457.44M$346.35M$342.23M
Avg Forecast$573.95M$559.87M$545.57M$539.56M$551.96M$544.30M$533.91M$529.54M$530.98M$517.25M$506.83M$510.09M$489.50M$484.91M$496.85M$503.64M$493.42M$435.45M$390.57M$362.16M$341.80M$343.26M$345.58M$347.27M$342.19M$348.10M$348.36M$368.21M$363.36M$364.53M
High Forecast$586.83M$572.43M$557.81M$551.66M$564.34M$556.51M$545.89M$538.39M$535.92M$519.24M$506.83M$510.09M$499.93M$496.53M$507.99M$514.94M$504.49M$435.45M$390.57M$362.16M$341.80M$343.26M$345.58M$347.27M$342.19M$348.10M$348.36M$368.21M$363.36M$364.53M
Low Forecast$559.82M$546.09M$532.14M$526.28M$538.37M$530.90M$520.76M$522.16M$523.79M$515.25M$506.83M$510.09M$478.80M$468.44M$484.62M$491.25M$481.27M$435.45M$390.57M$362.16M$341.80M$343.26M$345.58M$347.27M$342.19M$348.10M$348.36M$368.21M$363.36M$364.53M
# Analysts333344466334796437434744410101099
Surprise %-------------1.16%-1.00%1.02%0.11%0.20%0.97%1.02%0.99%1.01%0.96%0.97%0.94%0.93%1.24%0.95%0.94%

Cullen/Frost Bankers's average Quarter revenue forecast for Dec 23 based on 7 analysts is $489.50M, with a low forecast of $478.80M, and a high forecast of $499.93M. CFR's average Quarter revenue forecast represents a -12.76% decrease compared to the company's last Quarter revenue of $561.11M (Sep 23).

Cullen/Frost Bankers EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344466334796437434744410101099
EBITDA-------------$186.98M$193.85M$346.31M$480.60M$289.58M$199.94M$45.20M$135.09M$144.91M$156.15M$146.58M$120.18M$128.58M$116.91M$95.05M$159.06M$172.11M
Avg Forecast$241.12M$235.20M$229.19M$226.67M$231.88M$228.66M$224.29M$222.46M$223.06M$217.29M$212.92M$214.29M$205.64M$203.71M$208.72M$211.58M$126.42M$202.60M$181.71M$44.28M$159.02M$159.70M$160.78M$111.73M$159.21M$161.96M$162.08M$120.17M$169.05M$169.60M
High Forecast$246.53M$240.48M$234.34M$231.75M$237.08M$233.79M$229.33M$226.18M$225.14M$218.13M$212.92M$214.29M$210.02M$208.59M$213.41M$216.33M$151.70M$202.60M$181.71M$53.14M$159.02M$159.70M$160.78M$134.08M$159.21M$161.96M$162.08M$144.21M$169.05M$169.60M
Low Forecast$235.18M$229.41M$223.55M$221.09M$226.17M$223.03M$218.77M$219.36M$220.04M$216.46M$212.92M$214.29M$201.14M$196.79M$203.59M$206.37M$101.14M$202.60M$181.71M$35.43M$159.02M$159.70M$160.78M$89.38M$159.21M$161.96M$162.08M$96.14M$169.05M$169.60M
Surprise %-------------0.92%0.93%1.64%3.80%1.43%1.10%1.02%0.85%0.91%0.97%1.31%0.75%0.79%0.72%0.79%0.94%1.01%

7 analysts predict CFR's average Quarter EBITDA for Dec 23 to be $205.64M, with a high of $210.02M and a low of $201.14M. This is 9.98% upper than Cullen/Frost Bankers's previous annual EBITDA (Sep 23) of $186.98M.

Cullen/Frost Bankers Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344466334796437434744410101099
Net Income-------------$155.65M$162.12M$177.65M$191.17M$169.76M$119.11M$99.10M$101.02M$107.97M$118.07M$116.02M$88.27M$95.06M$93.07M$54.75M$103.68M$111.84M
Avg Forecast$144.57M$148.61M$141.27M$135.55M$141.43M$143.53M$139.44M$134.62M$138.22M$139.33M$132.59M$133.90M$123.96M$135.09M$153.60M$163.47M$94.54M$142.81M$113.61M$94.74M$86.09M$97.63M$100.52M$88.43M$82.41M$76.62M$48.57M$69.22M$101.26M$108.75M
High Forecast$148.78M$152.95M$145.39M$139.51M$145.55M$147.71M$143.51M$143.41M$142.72M$139.39M$132.59M$133.91M$135.68M$140.75M$158.08M$168.24M$113.45M$142.81M$113.61M$96.16M$86.09M$97.63M$100.52M$106.12M$82.41M$76.62M$48.57M$83.07M$101.26M$108.75M
Low Forecast$139.94M$143.85M$136.75M$131.22M$136.90M$138.93M$134.98M$129.88M$131.15M$139.27M$132.58M$133.89M$98.06M$128.81M$148.68M$158.24M$75.63M$142.81M$113.61M$93.32M$86.09M$97.63M$100.52M$70.74M$82.41M$76.62M$48.57M$55.38M$101.26M$108.75M
Surprise %-------------1.15%1.06%1.09%2.02%1.19%1.05%1.05%1.17%1.11%1.17%1.31%1.07%1.24%1.92%0.79%1.02%1.03%

Cullen/Frost Bankers's average Quarter net income forecast for Dec 23 is $123.96M, with a range of $98.06M to $135.68M. CFR's average Quarter net income forecast represents a -20.36% decrease compared to the company's last Quarter net income of $155.65M (Sep 23).

Cullen/Frost Bankers SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344466334796437434744410101099
SG&A-------------$170.12M-$170.51M$162.64M$153.15M$141.34M$139.18M$167.55M$124.13M$118.64M$118.92M$164.90M$111.77M$112.01M$126.33M$176.44M$117.31M
Avg Forecast$475.47M$463.80M$451.96M$446.98M$457.25M$450.91M$442.29M$438.68M$439.87M$428.49M$419.86M$422.56M$405.51M$401.71M$411.59M$417.23M$156.80M$359.91M$322.81M$299.33M$282.50M$283.71M$285.63M$90.65M$282.83M$287.72M$287.93M$159.71M$300.32M$301.29M
High Forecast$486.14M$474.21M$462.10M$457.00M$467.51M$461.02M$452.22M$446.01M$443.96M$430.15M$419.86M$422.56M$414.15M$411.33M$420.83M$426.59M$188.16M$359.91M$322.81M$299.33M$282.50M$283.71M$285.63M$108.78M$282.83M$287.72M$287.93M$191.65M$300.32M$301.29M
Low Forecast$463.76M$452.39M$440.83M$435.97M$445.99M$439.81M$431.41M$432.57M$433.92M$426.84M$419.86M$422.56M$396.64M$388.07M$401.46M$406.95M$125.44M$359.91M$322.81M$299.33M$282.50M$283.71M$285.63M$72.52M$282.83M$287.72M$287.93M$127.77M$300.32M$301.29M
Surprise %-------------0.42%-0.41%1.04%0.43%0.44%0.46%0.59%0.44%0.42%1.31%0.58%0.39%0.39%0.79%0.59%0.39%

Cullen/Frost Bankers's average Quarter SG&A projection for Dec 23 is $405.51M, based on 7 Wall Street analysts, with a range of $396.64M to $414.15M. The forecast indicates a 138.36% rise compared to CFR last annual SG&A of $170.12M (Sep 23).

Cullen/Frost Bankers EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts333344466334796437434744410101099
EPS-------------$2.43$2.47$2.71$2.92$2.60$1.82$1.51$1.58$1.66$1.81$1.78$1.39$1.50$1.47$0.75$1.66$1.74
Avg Forecast$2.26$2.32$2.20$2.12$2.21$2.24$2.18$2.10$2.16$2.17$2.07$2.09$1.93$2.11$2.40$2.55$2.76$2.22$1.77$1.47$1.34$1.52$1.56$1.43$1.28$1.19$0.76$1.02$1.57$1.69
High Forecast$2.32$2.39$2.27$2.18$2.27$2.30$2.24$2.24$2.23$2.18$2.07$2.09$2.12$2.20$2.47$2.63$2.84$2.22$1.77$1.49$1.34$1.52$1.56$1.43$1.28$1.19$0.76$1.02$1.57$1.69
Low Forecast$2.18$2.24$2.13$2.05$2.14$2.17$2.11$2.03$2.05$2.17$2.07$2.09$1.53$2.01$2.32$2.47$2.67$2.22$1.77$1.45$1.34$1.52$1.56$1.43$1.28$1.19$0.76$1.02$1.57$1.69
Surprise %-------------1.15%1.03%1.06%1.06%1.17%1.03%1.03%1.18%1.09%1.16%1.24%1.09%1.26%1.95%0.74%1.05%1.03%

According to 7 Wall Street analysts, Cullen/Frost Bankers's projected average Quarter EPS for Dec 23 is $1.93, with a low estimate of $1.53 and a high estimate of $2.12. This represents a -20.40% decrease compared to CFR previous annual EPS of $2.43 (Sep 23).

Cullen/Frost Bankers Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UMBFUMB Financial$120.26$136.3313.36%Buy
HTHHilltop$31.06$34.009.47%Hold
BOKFBOK Financial$114.35$118.753.85%Hold
BFSTBusiness First Bancshares$27.02$28.003.63%Buy
IBTXIndependent Bank Group$64.05$66.003.04%Buy
CBUCommunity Bank System$65.25$67.002.68%Strong Buy
FFINFirst Financial Bankshares$39.20$39.500.77%Hold
EQBKEquity Bancshares$45.50$45.50-Buy
CBSHCommerce Bancshares$66.71$65.50-1.81%Hold
IBCPIndependent Bank$37.31$35.50-4.85%Buy
FBNCFirst Bancorp$47.35$43.00-9.19%Buy
CFRCullen/Frost Bankers$136.62$123.80-9.38%Hold
GBCIGlacier Bancorp$52.99$47.00-11.30%Hold
FFBCFirst Financial Ban$28.59$25.00-12.56%Hold
BANFBancFirst$123.86$95.00-23.30%Sell

CFR Forecast FAQ

Is Cullen/Frost Bankers a good buy?

No, according to 12 Wall Street analysts, Cullen/Frost Bankers (CFR) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 41.67% of CFR's total ratings.

What is CFR's price target?

Cullen/Frost Bankers (CFR) average price target is $123.8 with a range of $104 to $149, implying a -6.83% from its last price of $132.87. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cullen/Frost Bankers stock go up soon?

According to Wall Street analysts' prediction for CFR stock, the company can go down by -6.83% (from the last price of $132.87 to the average price target of $123.8), up by 12.14% based on the highest stock price target, and down by -21.73% based on the lowest stock price target.

Can Cullen/Frost Bankers stock reach $200?

CFR's average twelve months analyst stock price target of $123.8 does not support the claim that Cullen/Frost Bankers can reach $200 in the near future.

What are Cullen/Frost Bankers's analysts' financial forecasts?

Cullen/Frost Bankers's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.16B (high $2.21B, low $2.11B), average EBITDA is $907.29M (high $926.37M, low $887.33M), average net income is $559.01M (high $580.19M, low $540.7M), average SG&A $1.79B (high $1.83B, low $1.75B), and average EPS is $8.72 (high $9.05, low $8.44). CFR's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.22B (high $2.27B, low $2.16B), average EBITDA is $932.18M (high $953.09M, low $909.23M), average net income is $570M (high $586.63M, low $551.76M), average SG&A $1.84B (high $1.88B, low $1.79B), and average EPS is $8.89 (high $9.15, low $8.61).

Did the CFR's actual financial results beat the analysts' financial forecasts?

Based on Cullen/Frost Bankers's last annual report (Dec 2023), the company's revenue was $2.22B, beating the average analysts forecast of $1.97B by 12.30%. Apple's EBITDA was $712.37M, missing the average prediction of $829.65M by -14.14%. The company's net income was $597.97M, beating the average estimation of $576.13M by 3.79%. Apple's SG&A was $0, missing the average forecast of $1.64B by -100.00%. Lastly, the company's EPS was $9.11, beating the average prediction of $8.99 by 1.33%. In terms of the last quarterly report (Sep 2023), Cullen/Frost Bankers's revenue was $561.11M, beating the average analysts' forecast of $484.91M by 15.71%. The company's EBITDA was $186.98M, missing the average prediction of $203.71M by -8.21%. Cullen/Frost Bankers's net income was $155.65M, beating the average estimation of $135.09M by 15.22%. The company's SG&A was $170.12M, missing the average forecast of $401.71M by -57.65%. Lastly, the company's EPS was $2.43, beating the average prediction of $2.11 by 15.27%