Commerce Bancshares Stock Price, News & Analysis (NASDAQ:CBSH)

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Commerce Bancshares in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CBSH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBSH, but not buy additional shares or sell existing shares.
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4 Wall Street research analysts have issued 12-month price targets for Commerce Bancshares' shares. Their CBSH share price targets range from $49.00 to $61.00. On average, they anticipate the company's share price to reach $52.60 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts price targets for CBSH or view top-rated stocks among Wall Street analysts.

Commerce Bancshares' stock was trading at $68.07 at the beginning of the year. Since then, CBSH stock has decreased by 24.7% and is now trading at $51.26.
View the best growth stocks for 2023 here.

Commerce Bancshares saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,850,000 shares, an increase of 5.9% from the October 31st total of 2,690,000 shares. Based on an average trading volume of 564,900 shares, the short-interest ratio is currently 5.0 days.
View Commerce Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 18th 2024.
View our CBSH earnings forecast.

Commerce Bancshares, Inc. (NASDAQ:CBSH) released its quarterly earnings results on Wednesday, October, 18th. The financial services provider reported $0.96 EPS for the quarter, topping the consensus estimate of $0.93 by $0.03. The financial services provider had revenue of $391.50 million for the quarter, compared to analyst estimates of $391.77 million. Commerce Bancshares had a net margin of 26.71% and a trailing twelve-month return on equity of 19.12%. Commerce Bancshares's revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.97 EPS.

Commerce Bancshares announced a quarterly dividend on Friday, October 27th. Stockholders of record on Monday, December 4th will be given a dividend of $0.27 per share on Monday, December 18th. This represents a $1.08 annualized dividend and a yield of 2.11%. The ex-dividend date is Friday, December 1st.
Read our dividend analysis for CBSH.

Commerce Bancshares (NASDAQ:CBSH) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.15%. The company has been increasing its dividend for 55 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBSH will have a dividend payout ratio of 32.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBSH.

ETFs with the largest weight of Commerce Bancshares (NASDAQ:CBSH) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell US Dividend Growers ETF (TMDV), iShares U.S. Regional Banks ETF (IAT), SPDR S&P Regional Banking ETF (KRE) and SPDR S&P Bank ETF (KBE).

99 employees have rated Commerce Bancshares Chief Executive Officer John W Kemper on Glassdoor.com. John W Kemper has an approval rating of 94% among the company's employees. This puts John W Kemper in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Commerce Bancshares investors own include Aflac (AFL), Johnson & Johnson (JNJ), 3M (MMM), Illinois Tool Works (ITW), Medtronic (MDT), PepsiCo (PEP), CVS Health (CVS), Automatic Data Processing (ADP), Cintas (CTAS) and Hormel Foods (HRL).

Commerce Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Aristotle Capital Management LLC (7.16%), Lazard Asset Management LLC (3.71%), Morgan Stanley (1.72%), JPMorgan Chase & Co. (1.37%), Northern Trust Corp (0.97%) and Bank of New York Mellon Corp (0.92%). Insiders that own company stock include Blackford F Brauer, Charles G Kim, David L Orf, David L Roller, David W Kemper, Derrick Brooks, Douglas D Neff, Jeffrey M Burik, John K Handy, John W Kemper, Jonathan M Kemper, Kevin G Barth, Patricia R Kellerhals, Paul A Steiner, Paula S Petersen, Robert S Holmes and Thomas J Noack.
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Shares of CBSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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