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Canadian Imperial Bank Of Commerce (CM)
NYSE:CM
RESEARCH TOOLSreports
Canadian Bank of Commerce (CM) Stock Price & Analysis
1,099 Followers
CM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$33.42 - $50.84
Previous Close$47.05
Volume183.36K
Average Volume (3M)1.89M
Market Cap
$44.48B
Enterprise Value$49.97B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$7.84B
Price to Earnings (P/E)9.7
Beta0.91
Next Earnings
May 30, 2024EPS Estimate
$1.19Last Dividend Ex-Date
Mar 27, 2024Dividend Yield5.59%
Share Statistics
EPS (TTM)4.84
Shares Outstanding931,244,289
10 Day Avg. Volume1,331,225
30 Day Avg. Volume1,890,780
Standard Deviation0.08
R-Squared0.52
Alpha-0.00086
Financial Highlights & Ratios
Price to Book (P/B)1.47
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-4.00
P/FCF Ratio4.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$51.47Price Target Upside8.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Canadian Bank of Commerce News
PremiumCompany Announcements
CIBC Expands Accessible Global Investment Options
PremiumCompany Announcements
CIBC Issues $750M in Senior Notes Due 2029
PremiumCompany Announcements
CIBC Confirms New Directors with Strong Shareholder Approval
PremiumCompany Announcements
CIBC Director Slate Confirmed with Strong Shareholder Approval
PremiumCompany Announcements
CIBC Announces Redemption of Preferred Shares
PremiumCompany Announcements
CIBC Revamps Leadership for Strategic GrowthBulls Say, Bears Say
Bulls Say
Capital Flexibility And Growth PotentialWith a solid capital position highlighted by a 13.0% CET1 ratio, the firm is well-equipped for strategic growth initiatives, mergers and acquisitions, or enhancing shareholder returns.
Credit And Risk ManagementImproving US commercial real estate loss rates are anticipated to counterbalance the softening Canadian credit, signaling effective risk mitigation strategies.
Earnings And Capital ManagementAnalyst highlights strong Q1 results with earnings per share exceeding estimates, attributed to robust capital markets performance and astute cost management.
Bears Say
Financial PerformanceUS Commercial and Wealth Management performance missed estimates with lower revenue and higher expenses.
Interest Margin PressureCanadian Commercial Banking and Wealth Management faced pressure on net interest margins (NIM), which declined year-over-year.
Profitability MetricsUS Commercial and Wealth Management's PPPT declined by 12% year-over-year, underperforming estimates due to a combination of lower revenue and increased expenses.
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Ownership Overview
0.28% Insiders
4.75% Mutual Funds
9.11% Other Institutional Investors
85.87% Public Companies and Individual Investors
CM FAQ
What was Canadian Imperial Bank Of Commerce’s price range in the past 12 months?
Canadian Imperial Bank Of Commerce lowest stock price was $33.42 and its highest was $50.84 in the past 12 months.
What is Canadian Imperial Bank Of Commerce’s market cap?
Currently, no data Available
When is Canadian Imperial Bank Of Commerce’s upcoming earnings report date?
Canadian Imperial Bank Of Commerce’s upcoming earnings report date is May 30, 2024 which is in 41 days.
How were Canadian Imperial Bank Of Commerce’s earnings last quarter?
Canadian Imperial Bank Of Commerce released its earnings results on Feb 29, 2024. The company reported $1.315 earnings per share for the quarter, beating the consensus estimate of $1.209 by $0.106.
Is Canadian Imperial Bank Of Commerce overvalued?
According to Wall Street analysts Canadian Imperial Bank Of Commerce’s price is currently Undervalued.
Does Canadian Imperial Bank Of Commerce pay dividends?
Canadian Imperial Bank Of Commerce pays a Quarterly dividend of $0.65 which represents an annual dividend yield of 5.59%. See more information on Canadian Imperial Bank Of Commerce dividends here
What is Canadian Imperial Bank Of Commerce’s EPS estimate?
Canadian Imperial Bank Of Commerce’s EPS estimate is $1.19.
How many shares outstanding does Canadian Imperial Bank Of Commerce have?
Canadian Imperial Bank Of Commerce has 937,266,970 shares outstanding.
What happened to Canadian Imperial Bank Of Commerce’s price movement after its last earnings report?
Canadian Imperial Bank Of Commerce reported an EPS of $1.315 in its last earnings report, beating expectations of $1.209. Following the earnings report the stock price went up 2.233%.
Which hedge fund is a major shareholder of Canadian Imperial Bank Of Commerce?
Among the largest hedge funds holding Canadian Imperial Bank Of Commerce’s share is Portland Investment Counsel Inc.. It holds Canadian Imperial Bank Of Commerce’s shares valued at 22M.
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Canadian Bank of Commerce Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$51.47 (8.49% Upside)
$51.47 (8.49% Upside)
Blogger Sentiment
Bullish
CM Sentiment 93%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 1.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.4%
Last 30 Days ▼ 9.1%
Last 30 Days ▼ 9.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.29%
12-Months-Change
Fundamentals
Return on Equity
11.98%
Trailing 12-Months
Asset Growth
5.25%
Trailing 12-Months
Company Description
Canadian Imperial Bank Of Commerce
Canadian Imperial Bank of Commerce is a financial institution, which provides banking and wealth management services to personal, business, public sector, and institutional clients. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets.
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CM Company Deck
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CM Earnings Call
Q1 2024
0:00 / 0:00
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CM Stock 12 Months Forecast
Average Price Target
$51.47
▲(8.49% Upside)
Technical Analysis
Best Analysts Covering CM
1 Year
1 Year Success Rate
12/28 ratings generated profit
1 Year Average Return
+2.72%
reiterated a buy rating 2 months ago
Copying John Aiken's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of +2.72% per trade.
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