Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Comerica Inc. (CMA)
NYSE:CMA
Comerica (CMA) Stock Price & Analysis
633 Followers
CMA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.75 - $56.60
Previous Close$49.82
Volume1.75M
Average Volume (3M)2.14M
Market Cap
$6.75B
Enterprise Value$12.65B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$6.05B
Price to Earnings (P/E)7.8
Beta1.31
Next Earnings
Apr 18, 2024EPS Estimate
$1.09Last Dividend Ex-Date
Mar 14, 2024Dividend Yield5.68%
Share Statistics
EPS (TTM)6.46
Shares Outstanding132,489,667
10 Day Avg. Volume1,633,766
30 Day Avg. Volume2,141,590
Standard Deviation0.13
R-Squared0.29
Alpha-0.00694
Financial Highlights & Ratios
Price to Book (P/B)1.23
Price to Sales (P/S)1.87
Price to Cash Flow (P/CF)1.50
P/FCF Ratio1.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.30
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$58.67Price Target Upside15.16% Upside
Rating ConsensusHold
Number of Analyst Covering17
Comerica News
PremiumCompany Announcements
Comerica Inc. Releases Quarterly Financial Results for Q1 2024
PremiumPre-Earnings
Comerica (CMA) Q1 Earnings Cheat Sheet
Bulls Say, Bears Say
Bulls Say
Business StrategyCMA has continued to make investments across the business, focusing on diversifying its revenue base.
Financial PerformanceCMA has made significant progress reducing overall funding costs.
Risk ManagementComerica has continued to be a solid risk manager, enhancing the solid franchise value in the business model.
Bears Say
Asset Size ConcernsComerica Incorporated is approaching $100B in assets, which may weigh on valuation due to regulatory and investment implications.
Interest Rates ImpactComerica's balance sheet is slightly liability sensitive making it difficult to outperform in a higher for longer rate environment.
Regulatory Status And Share BuybacksPersisting uncertainties surrounding Category IV status and the continued suspension of share buybacks given focus on large unrealized AOCI losses.
---
Ownership Overview
3.16% Insiders
28.45% Mutual Funds
32.25% Other Institutional Investors
36.14% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
CMA FAQ
What was Comerica Inc.’s price range in the past 12 months?
Comerica Inc. lowest stock price was $26.75 and its highest was $56.60 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 Apr 18, 2024 which is today.
How were Comerica Inc.’s earnings last quarter?
Comerica Inc. released its earnings results on Jan 19, 2024. The company reported $0.2 earnings per share for the quarter, missing the consensus estimate of $0.839 by -$0.639.
Is Comerica Inc. overvalued?
According to Wall Street analysts Comerica Inc.’s price is currently Undervalued.
Does Comerica Inc. pay dividends?
Comerica Inc. pays a Quarterly dividend of $0.71 which represents an annual dividend yield of 5.68%. See more information on Comerica Inc. dividends here
What is Comerica Inc.’s EPS estimate?
Comerica Inc.’s EPS estimate is $1.09.
How many shares outstanding does Comerica Inc. have?
Comerica Inc. has 132,489,670 shares outstanding.
What happened to Comerica Inc.’s price movement after its last earnings report?
Comerica Inc. reported an EPS of $0.2 in its last earnings report, missing expectations of $0.839. Following the earnings report the stock price went up 0.601%.
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.
---
Comerica Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$58.67 (15.16% Upside)
$58.67 (15.16% Upside)
Blogger Sentiment
Bullish
CMA Sentiment 63%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 272.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $245.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 6.2%
Last 30 Days ▼ 6.2%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.46%
12-Months-Change
Fundamentals
Return on Equity
15.14%
Trailing 12-Months
Asset Growth
0.50%
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.
---
CMA Company Deck
---
CMA Earnings Call
Q4 2024
0:00 / 0:00
---
CMA Stock 12 Months Forecast
Average Price Target
$58.67
▲(15.16% Upside)
Technical Analysis
Best Analysts Covering CMA
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+7.73%
reiterated a buy rating last month
Copying Terry McEvoy's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +7.73% per trade.
---