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

4 Wall Street 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 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 analysts have issued 12 month target prices for Commerce Bancshares' stock. Their CBSH share price targets range from $46.67 to $61.00. On average, they anticipate the company's stock price to reach $52.13 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price.
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Commerce Bancshares' stock was trading at $68.07 at the beginning of the year. Since then, CBSH shares have decreased by 23.5% and is now trading at $52.09.
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Commerce Bancshares saw a increase in short interest during the month of 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 presently 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) announced its earnings results on Wednesday, October, 18th. The financial services provider reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The financial services provider earned $391.50 million during the quarter, compared to the consensus estimate of $391.77 million. Commerce Bancshares had a trailing twelve-month return on equity of 19.12% and a net margin of 26.71%. The company's quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.97 earnings per share.

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 dividend on an annualized basis and a yield of 2.07%. 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 2.07%. 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 28.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBSH will have a dividend payout ratio of 34.18% 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 a number of 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%), American Century Companies Inc. (1.09%) and Northern Trust Corp (0.97%). 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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