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Comerica Inc. (DE:CA3)
FRANKFURT:CA3

Comerica (CA3) Stock Price & Analysis

1 Followers

CA3 Stock Chart & Stats

Day’s Range€0 - €0
52-Week Range€27.27 - €51.28
Previous Close€49
Volume0.00
Average Volume (3M)130.00
Market Cap
€6.64B
Enterprise Value€15.71B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$9.77B
Price to Earnings (P/E)N/A
Beta1.34
Jul 19, 2024
Next Dividend Ex-DateN/A
Dividend Yield5.27%
Share Statistics
EPS (TTM)N/A
Shares Outstanding132,587,251
10 Day Avg. Volume10
30 Day Avg. Volume130
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)1.33
Price to Sales (P/S)1.81
Price to Cash Flow (P/CF)1.60
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.37
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
Price Target Upside10.38% Upside
Rating ConsensusHold
Number of Analyst Covering16

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 PerformanceCredit metrics are performing well, with a significant quarter-over-quarter decline in net charge-offs.
Earnings Growth ForecastAnalyst 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
Credit RiskNon-performing assets have increased, signaling potential future credit risks.
Financial GuidanceComerica's forward guidance is worse due to increased fees and taxes, impacting future earnings estimates.
Regulatory ConcernsComerica Incorporated is approaching $100B in assets, which may weigh on valuation due to regulatory and investment implications.
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Financials

Annual

Options Prices

Currently, No data available
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Ownership Overview

0.00%0.00%5.44%94.56%
5.44% Other Institutional Investors
94.56% Public Companies and
Individual Investors

CA3 FAQ

What was Comerica Inc.’s price range in the past 12 months?
Comerica Inc. lowest stock price was €27.27 and its highest was €51.28 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 72 days.
      How were Comerica Inc.’s earnings last quarter?
      Comerica Inc. released its earnings results on Apr 18, 2024. The company reported €0.91 earnings per share for the quarter, missing the consensus estimate of €1.017 by -€0.107.
        Is Comerica Inc. overvalued?
        According to Wall Street analysts Comerica Inc.’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          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 €1.14.
            How many shares outstanding does Comerica Inc. have?
            Currently, no data Available
            What happened to Comerica Inc.’s price movement after its last earnings report?
            Comerica Inc. reported an EPS of €0.91 in its last earnings report, missing expectations of €1.017. Following the earnings report the stock price went down -0.855%.
              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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                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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                CA3 Company Deck

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                CA3 Earnings Call

                Q1 2024
                0:00 / 0:00
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                CA3 Stock 12 Month Forecast

                Average Price Target

                €54.75
                ▲(10.38% Upside)
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                Best Analysts Covering CA3

                1 Year
                Terry McEvoyStephens
                1 Year Success Rate
                17/24 ratings generated profit
                71%
                1 Year Average Return
                +9.48%
                reiterated a buy rating 19 days ago
                Copying Terry McEvoy's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +9.48% per trade.
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