NYSE:CM - Canadian Imperial Bank of Commerce Stock Price, Price Target & More

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$88.02 -0.16 (-0.18 %)
(As of 07/19/2018 08:00 AM ET)
Previous Close$88.18
Today's Range$87.52 - $88.12
52-Week Range$83.02 - $100.01
Volume170,700 shs
Average Volume213,843 shs
Market Capitalization$39.23 billion
P/E Ratio9.90
Dividend Yield4.66%
Beta1.15
Canadian Imperial Bank of Commerce logoCanadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. It offers chequing, savings, tax free savings, and business accounts; loans, lines of credit, student lines of credit, and business and agriculture loans; fixed and variable rate, first time home buyer, and commercial mortgages; rapid and franchise financing services; and home power plan solutions. The company also provides prepaid, credit, and commercial cards; and guaranteed investment certificates, investment banking, mutual funds, structured notes, education RESPs, and disability RDSPs, as well as portfolio, business, and investment solutions. In addition, it offers government supported programs; travel and creditor insurance products; specialty services, such as established business, agriculture, and indigenous banking services, as well as banking services for professionals; and custody, corporate trust, and transfer agency services. Further, the company provides student, youth, senior, newcomers, and foreign workers banking offers, as well as banking bundles. Additionally, it offers overdraft protection, switch kit, retirement planning, precious metal purchasing, cash management, merchant, trade finance, correspondent banking, community commitment, asset management, self-directed brokerage, and online foreign exchange services, as well as mobile, online, and ATM services. The company also operates an advice center. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CM
CUSIPN/A
Phone416-980-2211

Debt

Debt-to-Equity Ratio0.15
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio9.90
Forward P/E Ratio9.52
P/E Growth1.57

Sales & Book Value

Annual Sales$16.73 billion
Price / Sales2.34
Cash Flow$9.2946 per share
Price / Cash9.47
Book Value$51.25 per share
Price / Book1.72

Profitability

EPS (Most Recent Fiscal Year)$8.89
Net Income$3.59 billion
Net Margins21.28%
Return on Equity17.55%
Return on Assets0.91%

Miscellaneous

EmployeesN/A
Outstanding Shares444,920,000
Market Cap$39,233.36

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Canadian Imperial Bank of Commerce (NYSE:CM) Frequently Asked Questions

What is Canadian Imperial Bank of Commerce's stock symbol?

Canadian Imperial Bank of Commerce trades on the New York Stock Exchange (NYSE) under the ticker symbol "CM."

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 announced a quarterly dividend on Wednesday, May 23rd. Investors of record on Thursday, June 28th will be given a dividend of $1.036 per share on Friday, July 27th. This represents a $4.14 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date of this dividend is Wednesday, June 27th. View Canadian Imperial Bank of Commerce's Dividend History.

How will Canadian Imperial Bank of Commerce's stock buyback program work?

Canadian Imperial Bank of Commerce announced that its Board of Directors has authorized a share repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase 8,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were Canadian Imperial Bank of Commerce's earnings last quarter?

Canadian Imperial Bank of Commerce (NYSE:CM) posted its quarterly earnings results on Wednesday, May, 23rd. The bank reported $2.95 EPS for the quarter, beating the Zacks' consensus estimate of $2.21 by $0.74. The bank earned $4.41 billion during the quarter, compared to analysts' expectations of $4.38 billion. Canadian Imperial Bank of Commerce had a return on equity of 17.55% and a net margin of 21.28%. Canadian Imperial Bank of Commerce's revenue for the quarter was up 15.3% on a year-over-year basis. During the same period in the prior year, the company earned $2.64 EPS. View Canadian Imperial Bank of Commerce's Earnings History.

When is Canadian Imperial Bank of Commerce's next earnings date?

Canadian Imperial Bank of Commerce is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for Canadian Imperial Bank of Commerce.

What price target have analysts set for CM?

10 analysts have issued 12-month target prices for Canadian Imperial Bank of Commerce's stock. Their predictions range from $89.00 to $135.00. On average, they expect Canadian Imperial Bank of Commerce's stock price to reach $121.00 in the next year. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Ratings for Canadian Imperial Bank of Commerce.

What is the consensus analysts' recommendation for Canadian Imperial Bank of Commerce?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Canadian Imperial Bank of Commerce's key competitors?

Who are Canadian Imperial Bank of Commerce's key executives?

Canadian Imperial Bank of Commerce's management team includes the folowing people:
  • Mr. Victor G. Dodig, Pres, Chief Exec. Officer & Director (Age 52)
  • Mr. Kevin A. Glass, Sr. Exec. VP & CFO (Age 60)
  • Mr. Harry K. Culham, Sr. EVP & Group Head of Capital Markets
  • Mr. Larry D. Richman, Sr. EVP & Group Head of US Region (Age 65)
  • Mr. Deepak K. Khandelwal, Sr. EVP & Group Head of Client Connectivity and Innovation

Has Canadian Imperial Bank of Commerce been receiving favorable news coverage?

Media headlines about CM stock have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian Imperial Bank of Commerce earned a coverage optimism score of 0.10 on Accern's scale. They also gave headlines about the bank an impact score of 45.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Canadian Imperial Bank of Commerce's major shareholders?

Canadian Imperial Bank of Commerce's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Cardinal Capital Management Inc. (0.14%), NN Investment Partners Holdings N.V. (0.08%), Gulf International Bank UK Ltd (0.03%), Addenda Capital Inc. (0.02%), Rathbone Brothers plc (0.02%) and Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%). View Institutional Ownership Trends for Canadian Imperial Bank of Commerce.

Which major investors are selling Canadian Imperial Bank of Commerce stock?

CM stock was sold by a variety of institutional investors in the last quarter, including Meag Munich Ergo Kapitalanlagegesellschaft MBH, Cardinal Capital Management Inc., NN Investment Partners Holdings N.V., World Asset Management Inc, Addenda Capital Inc., DORCHESTER WEALTH MANAGEMENT Co and Rathbone Brothers plc. View Insider Buying and Selling for Canadian Imperial Bank of Commerce.

Which major investors are buying Canadian Imperial Bank of Commerce stock?

CM stock was acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Assenagon Asset Management S.A., Gulf International Bank UK Ltd and Fulton Bank N.A.. View Insider Buying and Selling for Canadian Imperial Bank of Commerce.

How do I buy shares of Canadian Imperial Bank of Commerce?

Shares of CM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Canadian Imperial Bank of Commerce's stock price today?

One share of CM stock can currently be purchased for approximately $88.02.

How big of a company is Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce has a market capitalization of $39.23 billion and generates $16.73 billion in revenue each year. The bank earns $3.59 billion in net income (profit) each year or $8.89 on an earnings per share basis.

How can I contact Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce's mailing address is COMMERCE COURT, TORONTO A6, M5L 1A2. The bank can be reached via phone at 416-980-2211 or via email at [email protected]


MarketBeat Community Rating for Canadian Imperial Bank of Commerce (NYSE CM)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  305 (Vote Outperform)
Underperform Votes:  531 (Vote Underperform)
Total Votes:  836
MarketBeat's community ratings are surveys of what our community members think about Canadian Imperial Bank of Commerce and other stocks. Vote "Outperform" if you believe CM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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