What is Cormark's Estimate for TSE:CM Q2 Earnings?

Canadian Imperial Bank of Commerce (TSE:CM - Free Report) NYSE: CM - Cormark issued their Q2 2025 earnings per share (EPS) estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Tuesday, May 20th. Cormark analyst L. Persaud expects that the company will post earnings per share of $1.88 for the quarter. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $6.41 per share. Cormark also issued estimates for Canadian Imperial Bank of Commerce's FY2025 earnings at $8.03 EPS and FY2026 earnings at $8.62 EPS.

A number of other research firms also recently commented on CM. TD Securities dropped their price objective on Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a "buy" rating on the stock in a report on Friday, February 28th. Scotiabank raised shares of Canadian Imperial Bank of Commerce to a "strong-buy" rating in a research report on Thursday, May 15th. Royal Bank of Canada set a C$108.00 price target on shares of Canadian Imperial Bank of Commerce and gave the company an "outperform" rating in a report on Monday, March 17th. UBS Group decreased their price objective on shares of Canadian Imperial Bank of Commerce from C$102.00 to C$96.00 in a report on Friday, February 14th. Finally, National Bankshares set a C$95.00 target price on shares of Canadian Imperial Bank of Commerce and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$94.31.

Canadian Imperial Bank of Commerce Stock Down 0.1%

Shares of CM traded down C$0.13 during midday trading on Friday, reaching C$94.42. 853,299 shares of the stock were exchanged, compared to its average volume of 3,908,017. The company has a market cap of C$88.34 billion, a price-to-earnings ratio of 12.47, a P/E/G ratio of 3.03 and a beta of 1.12. Canadian Imperial Bank of Commerce has a 12-month low of C$64.47 and a 12-month high of C$95.50. The firm has a 50 day simple moving average of C$85.23 and a 200-day simple moving average of C$87.73.

Insider Transactions at Canadian Imperial Bank of Commerce

In other Canadian Imperial Bank of Commerce news, Senior Officer Sandy Sharman sold 1,027 shares of the firm's stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$81.27, for a total value of C$83,464.29. Corporate insiders own 0.02% of the company's stock.

Canadian Imperial Bank of Commerce Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 28th. Shareholders of record on Friday, March 28th were given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 4.11%. The ex-dividend date was Friday, March 28th. Canadian Imperial Bank of Commerce's dividend payout ratio is currently 47.55%.

Canadian Imperial Bank of Commerce Company Profile

Canadian Imperial Bank of Commerce is Canada's fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.