TSE:CM Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis → Biden FINISHED On June 13th? (From Paradigm Press) (Ad) Free CM Stock Alerts C$66.89 -0.50 (-0.74%) (As of 05/14/2024 ET) Add Compare Share Share Today's RangeC$66.84▼C$67.7350-Day RangeC$64.26▼C$68.6752-Week RangeC$47.44▼C$69.42Volume1.33 million shsAverage Volume3.70 million shsMarket CapitalizationC$62.69 billionP/E Ratio10.23Dividend Yield5.38%Price TargetC$66.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Imperial Bank of Commerce alerts: Email Address Canadian Imperial Bank of Commerce MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside0.4% DownsideC$66.63 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.39Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.37 out of 5 stars 2.2 Analyst's Opinion Consensus RatingCanadian Imperial Bank of Commerce has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageCanadian Imperial Bank of Commerce has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Canadian Imperial Bank of Commerce's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CM. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 5.50%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Imperial Bank of Commerce does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Imperial Bank of Commerce is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Canadian Imperial Bank of Commerce's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CM. Previous Next 1.9 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Canadian Imperial Bank of Commerce this week, compared to 2 articles on an average week.Search InterestOnly 18 people have searched for CM on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Imperial Bank of Commerce insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.03% of the stock of Canadian Imperial Bank of Commerce is held by insiders.Percentage Held by Institutions49.04% of the stock of Canadian Imperial Bank of Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Canadian Imperial Bank of Commerce's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Imperial Bank of Commerce is 10.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.17.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 10.23, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 465.70.Price to Earnings Growth RatioCanadian Imperial Bank of Commerce has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCanadian Imperial Bank of Commerce has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Imperial Bank of Commerce's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Chaikin AnalyticsDid Intel Just Dethrone Nvidia?Intel (INTC) just announced a brand-new AI venture - the Aurora supercomputer. This computer was specifically designed for artificial intelligence and is now the fastest AI-centered computer on the planet. You can get all the details here. About Canadian Imperial Bank of Commerce Stock (TSE:CM)Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More CM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CM Stock News HeadlinesMay 9, 2024 | finance.yahoo.comLinamar Price Targets Raised at Raymond James, CIBCMay 7, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Given New C$67.00 Price Target at DesjardinsMay 3, 2024 | msn.comWant Safe Dividend Income in 2024? Invest in the Following 2 Ultra-High-Yield StocksApril 30, 2024 | msn.com1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade ValuationApril 26, 2024 | finance.yahoo.comCIBC's Week Ahead Market Call For CanadaApril 26, 2024 | finance.yahoo.comAre Canadians sleeping on their tax refunds?April 11, 2024 | finance.yahoo.comCIBC Mellon names Shane Kuros Chief Business Development OfficerApril 11, 2024 | msn.comEntry to Canadian housing market feels out of reach for 76% of non-owners, poll suggestsApril 4, 2024 | theglobeandmail.comCIBC Announces Election of Directors at 2024 Annual MeetingApril 2, 2024 | finance.yahoo.comCIBC Innovation Banking Provides Growth Capital Financing to CertifIDApril 1, 2024 | finance.yahoo.comCIBC continues commitment to affordable housing with latest project: Thrive on KingMarch 26, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (CM)March 21, 2024 | finance.yahoo.comBank of Canada Sees Quantitative Tightening Ending in 2025March 21, 2024 | msn.comCanadian Imperial Bank of Commerce NONCM PFD A 49 declares CAD 0.325 dividendMarch 21, 2024 | finance.yahoo.comCIBC Asset Management announces CIBC ETF cash distributions for March 2024March 21, 2024 | finance.yahoo.comCIBC to redeem Non-cumulative Rate Reset Class A Preferred Shares Series 49 (NVCC)March 19, 2024 | finance.yahoo.comTraders Boost Odds of June Rate Cut as Canada Inflation CoolsMarch 15, 2024 | msn.comCanadian banks face ESG-related proposals at AGMs, but little new on climateMarch 11, 2024 | theglobeandmail.comBank of Canada holds interest rate steady againMarch 8, 2024 | finance.yahoo.comCanada Job Gains Double Forecast, Wage Growth Eases to 4.9%March 7, 2024 | marketwatch.comCanadian Imperial Bank of Commerce Taps Robert Sedran as New CFOMarch 1, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (NYSE:CM) Q1 2024 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comCIBC ranked #1 in Canada for gender equality by Equileap for fourth consecutive yearFebruary 29, 2024 | seekingalpha.comCanadian Imperial Bank of Commerce 2024 Q1 - Results - Earnings Call PresentationFebruary 29, 2024 | msn.comCanadian Imperial Bank declares CAD 0.90 dividendSee More Headlines Receive CM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Imperial Bank of Commerce and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Ex-Dividend for 4/29 Dividend3/27/2024Dividend Payable4/29/2024Today5/14/2024Next Earnings (Confirmed)5/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryN/A Current SymbolTSE:CM CUSIPN/A CIKN/A Webwww.cibc.com Phone+1-416-9802211FaxN/AEmployees48,047Year FoundedN/APrice Target and Rating Average Stock Price TargetC$66.63 High Stock Price TargetC$77.00 Low Stock Price TargetC$56.00 Potential Upside/Downside-0.4%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.54 Trailing P/E Ratio10.23 Forward P/E Ratio9.81 P/E Growth3.01Net IncomeC$6.02 billion Net Margins29.50% Pretax MarginN/A Return on Equity12.14% Return on Assets0.67% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$21.32 billion Price / Sales2.94 Cash FlowC$304.18 per share Price / Cash Flow0.22 Book ValueC$54.91 per share Price / Book1.22Miscellaneous Outstanding Shares937,270,000Free FloatN/AMarket CapC$62.69 billion OptionableNot Optionable Beta1.10 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Victor G. Dodig (Age 58)President, CEO & Director Comp: $2.94MMr. Harry K. CulhamSenior EVP and Group Head of Capital Markets & Direct Financial ServicesMr. Jon HountalasSenior EVP & Group Head of Canadian BankingMr. Hratch PanossianSenior EVP & Head of Personal and Business BankingMr. Shawn BeberSenior EVP & Group Head of US RegionMr. Robert Sedran C.F.A. (Age 52)Senior EVP & CFO Ms. Christina C. KramerSenior EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo LawalExecutive VP & Chief Legal OfficerMs. Sandra R. Sharman (Age 61)Senior EVP and Group Head of People, Culture & Brand Mr. Michael G. CapatidesVice-Chair of CIBC Bank USAMore ExecutivesKey CompetitorsBank of Nova ScotiaTSE:BNSNational Bank of CanadaTSE:NABank of MontrealTSE:BMOToronto-Dominion BankTSE:TDRoyal Bank of CanadaTSE:RYView All CompetitorsInsidersChristina Charlotte KramerSold 15,446 sharesTotal: C$883,356.74 ($57.19/share)View All Insider Transactions CM Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Imperial Bank of Commerce stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last twelve months. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CM, but not buy additional shares or sell existing shares. View CM analyst ratings or view top-rated stocks. What is Canadian Imperial Bank of Commerce's stock price target for 2024? 13 Wall Street analysts have issued 1-year target prices for Canadian Imperial Bank of Commerce's stock. Their CM share price targets range from C$56.00 to C$77.00. On average, they predict the company's share price to reach C$66.63 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts price targets for CM or view top-rated stocks among Wall Street analysts. How have CM shares performed in 2024? Canadian Imperial Bank of Commerce's stock was trading at C$63.80 at the start of the year. Since then, CM stock has increased by 4.8% and is now trading at C$66.89. View the best growth stocks for 2024 here. When is Canadian Imperial Bank of Commerce's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 30th 2024. View our CM earnings forecast. How were Canadian Imperial Bank of Commerce's earnings last quarter? Canadian Imperial Bank of Commerce (TSE:CM) announced its quarterly earnings data on Thursday, February, 29th. The company reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.69 by $0.12. The business had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.07 billion. Canadian Imperial Bank of Commerce had a net margin of 29.50% and a trailing twelve-month return on equity of 12.14%. How often does Canadian Imperial Bank of Commerce pay dividends? What is the dividend yield for Canadian Imperial Bank of Commerce? Canadian Imperial Bank of Commerce declared a quarterly dividend on Thursday, February 29th. Investors of record on Thursday, March 28th will be given a dividend of 0.90 per share on Monday, April 29th. This represents a $3.60 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for CM. Is Canadian Imperial Bank of Commerce a good dividend stock? Canadian Imperial Bank of Commerce (TSE:CM) pays an annual dividend of C$3.60 per share and currently has a dividend yield of 5.50%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CM. What other stocks do shareholders of Canadian Imperial Bank of Commerce own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Imperial Bank of Commerce investors own include Toronto-Dominion Bank (TD), Intact Financial (IFC), Bank of Nova Scotia (BNS), Constellation Software (CSU), Royal Bank of Canada (RY), Enbridge (ENB), Bank of Montreal (BMO), BCE (BCE), Alimentation Couche-Tard (ATD.B) and AbbVie (ABBV). How do I buy shares of Canadian Imperial Bank of Commerce? Shares of CM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CM) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersDid Intel Just Dethrone Nvidia?Chaikin AnalyticsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCharles Payne Demystifies OptionsUnstoppable ProsperityThe only AI company you should be looking atBehind the MarketsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget Bitcoin. 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