CFR Stock Summary and Trading Ideas (Cullen/Frost Bankers | NYSE:CFR)

Cullen/Frost Bankers is a financial holding company, The company offer commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.

Cullen/Frost Bankers trades on the NYSE stock market under the symbol CFR.

As of April 15, 2024, CFR stock price declined to $108.00 with 339,559 million shares trading.

CFR has a beta of 1.15, meaning it tends to be more sensitive to market movements. CFR has a correlation of 0.23 to the broad based SPY ETF.

CFR has a market cap of $6.94 billion. This is considered a Mid Cap stock.

Last quarter Cullen/Frost Bankers reported $502 million in Revenue and $2.18 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.15.

In the last 3 years, CFR stock traded as high as $160.60 and as low as $82.25.

The top ETF exchange traded funds that CFR belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

CFR has underperformed the market in the last year with a price return of +7.5% while the SPY ETF gained +25.3%. CFR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.9% and -4.1%, respectively, while the SPY returned +6.2% and -3.6%, respectively.

CFR support price is $106.16 and resistance is $109.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CFR stock will trade within this expected range on the day.