DA Davidson Brokers Raise Earnings Estimates for Comerica

Key Points

• DA Davidson has raised its Q3 2025 earnings estimates for Comerica Incorporated to $1.23 per share, up from a previous estimate of $1.19, maintaining a "Neutral" rating and a price target of $60.00.
• Comerica recently reported a quarterly earnings of $1.42 per share, surpassing estimates, with a net margin of 14.92% and revenues of $849 million.
• The company declared a quarterly dividend of $0.71 per share, with a dividend yield of 4.1%, to be paid to shareholders on October 1st.

Comerica Incorporated (NYSE:CMA - Free Report) - Research analysts at DA Davidson lifted their Q3 2025 earnings estimates for Comerica in a report released on Friday, September 26th. DA Davidson analyst P. Winter now forecasts that the financial services provider will post earnings per share of $1.23 for the quarter, up from their previous estimate of $1.19. DA Davidson currently has a "Neutral" rating and a $60.00 price target on the stock. The consensus estimate for Comerica's current full-year earnings is $5.28 per share.

Several other research analysts have also commented on CMA. TD Cowen began coverage on shares of Comerica in a report on Thursday. They issued a "hold" rating and a $75.00 price target on the stock. JPMorgan Chase & Co. raised their price target on shares of Comerica from $52.00 to $60.00 and gave the company an "underweight" rating in a report on Tuesday, July 1st. UBS Group set a $64.00 price target on shares of Comerica and gave the company a "neutral" rating in a report on Monday, July 21st. Citigroup raised their price target on shares of Comerica from $54.00 to $61.00 and gave the company a "neutral" rating in a report on Wednesday, July 2nd. Finally, Cantor Fitzgerald initiated coverage on shares of Comerica in a research note on Wednesday, September 10th. They set a "neutral" rating and a $72.00 price objective on the stock. Four analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, Comerica has an average rating of "Reduce" and an average price target of $65.10.

Comerica Trading Up 0.7%

NYSE CMA opened at $69.40 on Monday. Comerica has a one year low of $48.12 and a one year high of $73.45. The company's 50 day moving average price is $68.49 and its 200 day moving average price is $61.16. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $8.92 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 12.48 and a beta of 0.97.

Comerica (NYSE:CMA - Get Free Report) last posted its quarterly earnings results on Friday, July 18th. The financial services provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.23 by $0.19. Comerica had a net margin of 14.92% and a return on equity of 10.92%. The firm had revenue of $849.00 million for the quarter, compared to analyst estimates of $844.39 million. During the same quarter last year, the firm posted $1.49 earnings per share.

Institutional Trading of Comerica

Hedge funds have recently made changes to their positions in the stock. M&T Bank Corp grew its position in shares of Comerica by 11.2% during the first quarter. M&T Bank Corp now owns 13,215 shares of the financial services provider's stock worth $780,000 after buying an additional 1,326 shares in the last quarter. Rhino Investment Partners Inc boosted its holdings in Comerica by 35.4% in the first quarter. Rhino Investment Partners Inc now owns 392,662 shares of the financial services provider's stock worth $23,191,000 after purchasing an additional 102,647 shares during the period. Baron Wealth Management LLC acquired a new position in Comerica in the second quarter worth $240,000. Bessemer Group Inc. boosted its holdings in Comerica by 3.8% in the first quarter. Bessemer Group Inc. now owns 11,273 shares of the financial services provider's stock worth $666,000 after purchasing an additional 414 shares during the period. Finally, Wolverine Asset Management LLC boosted its holdings in Comerica by 25.8% in the first quarter. Wolverine Asset Management LLC now owns 41,997 shares of the financial services provider's stock worth $2,480,000 after purchasing an additional 8,604 shares during the period. Institutional investors and hedge funds own 80.74% of the company's stock.

Insider Buying and Selling

In other news, insider James Mcgregor Carr sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $67.28, for a total transaction of $269,120.00. Following the completion of the sale, the insider owned 33,471 shares of the company's stock, valued at approximately $2,251,928.88. This trade represents a 10.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Allysun C. Fleming sold 2,100 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $67.03, for a total transaction of $140,763.00. Following the sale, the executive vice president directly owned 9,424 shares of the company's stock, valued at $631,690.72. The trade was a 18.22% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

Comerica Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be given a dividend of $0.71 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.1%. Comerica's dividend payout ratio (DPR) is presently 54.41%.

Comerica Company Profile

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities.

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