Cullen Frost Bankers Inc. (NYSE:CFR) shares, rose in value, with the stock price down by -3.30% to the previous day’s close as strong demand from buyers drove the stock to $107.08.
Actively observing the price movement in the last trading, the stock closed the session at $110.73. The PE ratio was 12.68 over 12-month period. Referring to stock’s 52-week performance, its high was $120.31, and the low was $82.25. On the whole, CFR has fluctuated by -3.81% over the past month.
The company’s Forward Dividend Ratio is 3.63, with its dividend yield at 3.39%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.1B, with a low estimate of 493.4M and a high estimate of 532.53M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 517.58M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CFR’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.27, with the price of CFR currently trading nearly -3.31% and -1.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.57, while the 7-day volatility ratio is showing 4.23% which for the 30-day chart, stands at 2.50%. Furthermore, Cullen Frost Bankers Inc. (CFR)’s beta value is 1.02, and its average true range (ATR) is 3.20.
A comparison of Cullen Frost Bankers Inc. (CFR) with its peers suggests the former has fared considerably weaker in the market. CFR showed an intraday change of -3.30% in last session, and over the past year, it grew by 3.49%%.
Data on historical trading for Cullen Frost Bankers Inc. (NYSE:CFR) indicates that the trading volumes over the past 3 months, they’ve averaged 426.98K. According to company’s latest data on outstanding shares, there are 64.19 million shares outstanding.
Nearly 7.51% of Cullen Frost Bankers Inc.’s shares belong to company insiders and institutional investors own 81.44% of the company’s shares. The stock has fallen by -1.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CFR stock heading into the next quarter.
