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Comerica Inc. (GB:0I1P)
LSE:0I1P
Comerica (0I1P) Share Price & Analysis
0 Followers
0I1P Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.27 - $56.40
Previous Close$50.83
Volume3.00
Average Volume (3M)1.11K
Market Cap
$6.79B
Enterprise Value$16.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$9.77B
Price to Earnings (P/E)10.1
Beta1.84
Next Earnings
Jul 19, 2024EPS Estimate
$1.23Next Dividend Ex-DateN/A
Dividend Yield5.66%
Share Statistics
EPS (TTM)5.04
Shares Outstanding132,587,251
10 Day Avg. Volume47
30 Day Avg. Volume1,115
Standard Deviation0.12
R-Squared0.55
Alpha0.00313
Financial Highlights & Ratios
Price to Book (P/B)1.24
Price to Sales (P/S)2.13
Price to Cash Flow (P/CF)1.50
P/FCF Ratio1.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.61
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$59.19Price Target Upside16.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Comerica News
PremiumCompany Announcements
Comerica Inc. Streamlines Board and Approves New Incentives
Bulls Say, Bears Say
Bulls Say
Capital StrengthCMA's capital position is strong, with CET1 increasing and management expects to maintain well above the required minimum.
Credit QualityCredit metrics are performing well, with a significant quarter-over-quarter decline in net charge-offs.
Earnings GrowthAnalyst forecasts a rebound in EPS growth, up 17% for 2025 as the Net Interest Income pressure subsides once the Federal Reserve starts to cut rates.
Bears Say
Financial PerformanceAnalyst reduces 2024E EPS estimates 5c to $5.15, reflecting lower fee guidance and higher taxes.
Operational ChallengesThe company reported a mixed quarter with loan and deposit outflows and higher than expected expenses.
Regulatory ConcernsPersisting uncertainties surrounding Category IV status and the continued suspension of share buybacks given focus on large unrealized AOCI losses.
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Options Prices
Currently, No data available
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Ownership Overview
3.16% Insiders
28.16% Mutual Funds
34.95% Other Institutional Investors
33.73% Public Companies and
Individual Investors
0I1P FAQ
What was Comerica Inc.’s price range in the past 12 months?
Comerica Inc. lowest share price was $27.27 and its highest was $56.40 in the past 12 months.
What is Comerica Inc.’s market cap?
Currently, no data Available
When is Comerica Inc.’s upcoming earnings report date?
Comerica Inc.’s upcoming earnings report date is Jul 19, 2024 which is in 77 days.
How were Comerica Inc.’s earnings last quarter?
Comerica Inc. released its earnings results on Apr 18, 2024. The company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.095 by -$0.115.
Is Comerica Inc. overvalued?
According to Wall Street analysts Comerica Inc.’s price is currently Undervalued.
Does Comerica Inc. pay dividends?
Comerica Inc. does not currently pay dividends.
What is Comerica Inc.’s EPS estimate?
Comerica Inc.’s EPS estimate is $1.23.
How many shares outstanding does Comerica Inc. have?
Comerica Inc. has 132,587,250 shares outstanding.
What happened to Comerica Inc.’s price movement after its last earnings report?
Comerica Inc. reported an EPS of $0.98 in its last earnings report, missing expectations of $1.095. Following the earnings report the stock price went up 2.269%.
Which hedge fund is a major shareholder of Comerica Inc.?
Among the largest hedge funds holding Comerica Inc.’s share is Par Capital Management Inc. It holds Comerica Inc.’s shares valued at 28M.
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Comerica Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$59.19 (16.45% Upside)
$59.19 (16.45% Upside)
Blogger Sentiment
Bullish
GB:0I1P Sentiment 66%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $542.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.93%
12-Months-Change
Fundamentals
Return on Equity
11.47%
Trailing 12-Months
Asset Growth
-12.82%
Trailing 12-Months
Company Description
Comerica Inc.
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other. The Business Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation's securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.
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0I1P Company Deck
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0I1P Earnings Call
Q1 2024
0:00 / 0:00
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0I1P Stock 12 Months Forecast
Average Price Target
$59.19
▲(16.45% Upside)
Technical Analysis
Comerica
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Regions Financial
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Citizens Financial
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Huntington Bancshares
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Solidion Technology
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Best Analysts Covering 0I1P
1 Year
1 Year Success Rate
16/24 ratings generated profit
1 Year Average Return
+8.03%
reiterated a buy rating 14 days ago
Copying Terry McEvoy's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +8.03% per trade.
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