14 companies with a near-term catalyst around 1Q earnings - MS
Seeking Alpha News (Wed, 17-Apr 2:33 PM ET)
Cullen/Frost Bankers, Inc. Hosts First Quarter 2024 Earnings Conference Call
PRNewswire (Sat, 6-Apr 1:03 AM ET)
PRNewswire (Thu, 28-Mar 9:00 AM ET)
FROST BANK AGAIN RECEIVES HIGHEST NUMBER OF GREENWICH EXCELLENCE AND BEST BRAND AWARDS
PRNewswire (Wed, 21-Feb 10:00 AM ET)
CULLEN/FROST BANKERS ANNOUNCES ADDITION OF HOPE ANDRADE TO BOARD OF DIRECTORS
PRNewswire (Fri, 26-Jan 10:00 AM ET)
CULLEN/FROST REPORTS FOURTH QUARTER AND 2023 ANNUAL RESULTS
PRNewswire (Thu, 25-Jan 9:00 AM ET)
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 19, 2024, CFR stock price climbed to $110.94 with 118,673 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 $7.12 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 stock has underperformed the market in the last year with a return of +9.1%, while SPY returned +21.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CFR shares. However, CFR has outperformed the market in the last 3 month and 2 week periods, returning +7.7% and +0.8%, while SPY returned +4.6% and -3.1%, respectively. This indicates CFR has been having a stronger performance recently.
CFR support price is $107.18 and resistance is $111.01 (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.