Cullen Frost Bankers Inc. (CFR)
NYSE: CFR · IEX Real-Time Price · USD
113.68
+1.13 (1.00%)
At close: Jul 19, 2024, 4:00 PM
113.76
+0.08 (0.07%)
After-hours: Jul 20, 2024, 12:57 PM EDT

Cullen Frost Bankers Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for CFR stock have an average target of 113.33, with a low estimate of 94 and a high estimate of 130. The average target predicts a decrease of -0.31% from the current stock price of 113.68.

Analyst Consensus: Hold
Target Low Average Median High
Price $94 $113.33 $116 $130
Change -17.31% -0.31% +2.04% +14.36%

Analyst Ratings

The average analyst rating for CFR stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111111
Buy 111111
Hold 878888
Sell 111111
Strong Sell 111111
Total 121112121212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Maintains
$118$119
Hold Maintains $118$119 +4.68% Jul 9, 2024
Truist Securities
Truist Securities
Hold
Maintains
$115$102
Hold Maintains $115$102 -10.27% Jul 8, 2024
Jefferies
Jefferies
Hold
Maintains
$117$108
Hold Maintains $117$108 -5.00% Jul 3, 2024
JP Morgan
JP Morgan
Buy
Maintains
$140$130
Buy Maintains $140$130 +14.36% Jun 27, 2024
Evercore ISI Group
Evercore ISI Group
Sell
Maintains
$109$100
Sell Maintains $109$100 -12.03% Jun 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.11B
from 1.94B
Increased by 8.70%
Revenue Next Year
2.20B
from 2.11B
Increased by 4.31%
EPS This Year
8.51
from 9.10
Decreased by -6.47%
EPS Next Year
8.57
from 8.51
Increased by 0.67%
Year 20192020202120222023202420252026
Revenue
1.33B1.20B1.37B1.69B1.94B2.11B2.20B2.34B
Revenue Growth
3.62%-10.04%14.27%23.45%14.64%8.70%4.31%6.18%
EPS
6.845.106.768.819.108.518.579.61
EPS Growth
-0.87%-25.44%32.55%30.33%3.29%-6.47%0.67%12.17%
Forward PE
-----13.3613.2711.83
No. Analysts -----17173
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.2B 2.3B 2.5B
Avg 2.1B 2.2B 2.3B
Low 2.0B 2.1B 2.2B

Revenue Growth

Revenue Growth 202420252026
High
15.6%
10.9%
12.9%
Avg
8.7%
4.3%
6.2%
Low
2.3%
-1.9%
0.7%

EPS Forecast

EPS 202420252026
High 9.66 9.98 10.56
Avg 8.51 8.57 9.61
Low 7.90 7.86 8.79

EPS Growth

EPS Growth 202420252026
High
6.2%
17.2%
23.3%
Avg
-6.5%
0.7%
12.2%
Low
-13.2%
-7.7%
2.6%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.