×
S&P 500   3,875.16 (+0.78%)
DOW   31,179.30 (+0.46%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
S&P 500   3,875.16 (+0.78%)
DOW   31,179.30 (+0.46%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
S&P 500   3,875.16 (+0.78%)
DOW   31,179.30 (+0.46%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)
S&P 500   3,875.16 (+0.78%)
DOW   31,179.30 (+0.46%)
QQQ   291.71 (+1.01%)
AAPL   145.30 (+1.67%)
MSFT   267.42 (+0.45%)
META   168.06 (-1.01%)
GOOGL   2,318.50 (+1.18%)
AMZN   114.01 (-0.28%)
TSLA   716.71 (+3.09%)
NVDA   154.87 (+2.36%)
NIO   22.68 (+8.88%)
BABA   123.61 (+3.77%)
AMD   78.26 (+3.86%)
MU   58.04 (+1.17%)
CGC   2.64 (-0.38%)
T   21.09 (-0.19%)
GE   62.21 (+1.04%)
F   11.47 (+3.71%)
DIS   96.27 (+0.20%)
AMC   12.69 (+0.95%)
PFE   53.27 (+0.99%)
PYPL   73.35 (+0.15%)
NFLX   184.86 (+0.43%)

Canadian Imperial Bank of Commerce Stock Forecast, Price & News

$48.67
+0.86 (+1.80%)
(As of 07/7/2022 10:11 AM ET)
Add
Compare
Today's Range
$48.34
$48.85
50-Day Range
$47.81
$106.17
52-Week Range
$46.87
$66.24
Volume
7,630 shs
Average Volume
1.06 million shs
Market Capitalization
$43.93 billion
P/E Ratio
8.66
Dividend Yield
5.49%
Price Target
$84.00

Canadian Imperial Bank of Commerce MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
75.7% Upside
$84.00 Price Target
Short Interest
Bearish
1.30% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.47
Upright™ Environmental Score
News Sentiment
1.68mentions of Canadian Imperial Bank of Commerce in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.71%
From $5.84 to $5.94 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.59 out of 5 stars

Finance Sector

237th out of 1,396 stocks

Commercial Banks, Not Elsewhere Classified Industry

9th out of 40 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive CM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Canadian Imperial Bank of Commerce and its competitors with MarketBeat's FREE daily newsletter.

Canadian Imperial Bank of Commerce logo

About Canadian Imperial Bank of Commerce (NYSE:CM) Stock

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

CM Stock News Headlines

CIBC TO REDEEM PREFERRED SHARES SERIES 45
CIBC announces changes to mutual fund line-up
10 Canadian Stocks to Buy Amid Rate Hikes
See More Headlines

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
45,282
Year Founded
1867

Company Calendar

Ex-Dividend for 4/28 Dividend
3/25/2022
Dividend Payable
4/28/2022
Last Earnings
5/26/2022
Ex-Dividend for 7/28 Dividend
6/27/2022
Today
7/07/2022
Dividend Payable
7/28/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
10/31/2022

Price Target and Rating

Average Stock Price Forecast
$84.00
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$77.00
Forecasted Upside/Downside
+72.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54545454545455
Research Coverage
11 Analysts

Profitability

Net Income
$5.11 billion
Pretax Margin
34.51%

Debt

Sales & Book Value

Annual Sales
$18.53 billion
Cash Flow
$6.89 per share
Book Value
$37.93 per share

Miscellaneous

Free Float
N/A
Market Cap
$43.93 billion
Optionable
Optionable
Beta
1.04

Social Links















Canadian Imperial Bank of Commerce Frequently Asked Questions

Should I buy or sell Canadian Imperial Bank of Commerce stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Imperial Bank of Commerce stock.
View analyst ratings for Canadian Imperial Bank of Commerce
or view top-rated stocks.

What is Canadian Imperial Bank of Commerce's stock price forecast for 2022?

11 analysts have issued 12-month price objectives for Canadian Imperial Bank of Commerce's shares. Their CM stock forecasts range from $77.00 to $91.00. On average, they expect Canadian Imperial Bank of Commerce's stock price to reach $84.00 in the next year. This suggests a possible upside of 72.4% from the stock's current price.
View analysts' price targets for Canadian Imperial Bank of Commerce
or view top-rated stocks among Wall Street analysts.

How has Canadian Imperial Bank of Commerce's stock price performed in 2022?

Canadian Imperial Bank of Commerce's stock was trading at $58.28 at the start of the year. Since then, CM shares have decreased by 16.4% and is now trading at $48.72.
View the best growth stocks for 2022 here
.

Are investors shorting Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 11,730,000 shares, an increase of 33.1% from the May 31st total of 8,810,000 shares. Based on an average daily volume of 1,050,000 shares, the short-interest ratio is currently 11.2 days. Currently, 1.3% of the shares of the stock are short sold.
View Canadian Imperial Bank of Commerce's Short Interest
.

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

Canadian Imperial Bank of Commerce is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our earnings forecast for Canadian Imperial Bank of Commerce
.

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

Canadian Imperial Bank of Commerce (NYSE:CM) announced its quarterly earnings results on Thursday, May, 26th. The bank reported $1.77 EPS for the quarter, missing analysts' consensus estimates of $2.92 by $1.15. The bank earned $5.38 billion during the quarter, compared to analyst estimates of $5.32 billion. Canadian Imperial Bank of Commerce had a net margin of 26.74% and a trailing twelve-month return on equity of 16.24%. The firm's revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the business earned $2.85 earnings per share.
View Canadian Imperial Bank of Commerce's earnings history
.

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 Thursday, May 26th. Investors of record on Tuesday, June 28th will be given a dividend of $0.645 per share on Thursday, July 28th. This represents a $2.58 annualized dividend and a dividend yield of 5.30%. The ex-dividend date is Monday, June 27th. This is a boost from Canadian Imperial Bank of Commerce's previous quarterly dividend of $0.63.
View Canadian Imperial Bank of Commerce's dividend history
.

Is Canadian Imperial Bank of Commerce a good dividend stock?

Canadian Imperial Bank of Commerce(NYSE:CM) pays an annual dividend of $2.62 per share and currently has a dividend yield of 5.49%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Canadian Imperial Bank of Commerce does not yet have a strong track record of dividend growth. The dividend payout ratio of Canadian Imperial Bank of Commerce is 46.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Canadian Imperial Bank of Commerce will have a dividend payout ratio of 44.11% next year. This indicates that Canadian Imperial Bank of Commerce will be able to sustain or increase its dividend.
View Canadian Imperial Bank of Commerce's dividend history.

When did Canadian Imperial Bank of Commerce's stock split? How did Canadian Imperial Bank of Commerce's stock split work?

Canadian Imperial Bank of Commerce shares split on the morning of Monday, May 16th 2022. The 2-1 split was announced on Friday, February 25th 2022. The newly issued shares were issued to shareholders after the market closes on Friday, May 13th 2022. An investor that had 100 shares of Canadian Imperial Bank of Commerce stock prior to the split would have 200 shares after the split.

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

Canadian Imperial Bank of Commerce's management team includes the following people:
  • Mr. Victor G. Dodig, Pres, CEO & Director (Age 56, Pay $2.44M)
  • Mr. Hratch Panossian, Sr. EVP, CFO and Head of Enterprise Strategy
  • Mr. Harry K. Culham, Sr. EVP and Group Head of Capital Markets & Direct Financial Services
  • Ms. Laura L. Dottori-Attanasio, Sr. EVP & Group Head of Personal and Bus. Banking - Canada (Age 54, Pay $1.4M)
  • Mr. Michael G. Capatides, Sr. EVP, Group Head of US Region and Pres & CEO of CIBC Bank USA
  • Mr. Roman Dubczak, Head of Global Investment Banking & MD
  • Ms. Christina C. Kramer, Sr. EVP and Group Head of Technology, Infrastructure & Innovation
  • Ms. Kikelomo Lawal, Exec. VP & Chief Legal Officer
  • Ms. Sandra R. Sharman, Sr. EVP and Group Head of People, Culture & Brand (Age 59)
  • Mr. John P. Ferren, Sr. VP of Deposit Products & Analytics

What is Victor Dodig's approval rating as Canadian Imperial Bank of Commerce's CEO?

1,528 employees have rated Canadian Imperial Bank of Commerce CEO Victor Dodig on Glassdoor.com. Victor Dodig has an approval rating of 86% among Canadian Imperial Bank of Commerce's employees.

What other stocks do shareholders of Canadian Imperial Bank of Commerce own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Imperial Bank of Commerce investors own include AT&T (T), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Pfizer (PFE), Royal Bank of Canada (RY), Verizon Communications (VZ), Cisco Systems (CSCO), Enbridge (ENB), AbbVie (ABBV) and Simon Property Group (SPG).

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."

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

Canadian Imperial Bank of Commerce's stock is owned by many different institutional and retail investors. Top institutional investors include Nexus Investment Management ULC (0.01%), Fulton Bank N.A. (0.00%), Crestwood Advisors Group LLC (0.00%) and Independence Bank of Kentucky (0.00%).

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

CM stock was bought by a variety of institutional investors in the last quarter, including Nexus Investment Management ULC, Crestwood Advisors Group LLC, Fulton Bank N.A., and Independence Bank of Kentucky.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of CM stock can currently be purchased for approximately $48.72.

How much money does Canadian Imperial Bank of Commerce make?

Canadian Imperial Bank of Commerce (NYSE:CM) has a market capitalization of $43.97 billion and generates $18.53 billion in revenue each year. The bank earns $5.11 billion in net income (profit) each year or $5.62 on an earnings per share basis.

How many employees does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce employs 45,282 workers across the globe.

Does Canadian Imperial Bank of Commerce have any subsidiaries?

The following companies are subsidiares of Canadian Imperial Bank of Commerce: CIBC Asset Management Inc., CIBC Australia Ltd, CIBC BA Limited, CIBC Bancorp USA Inc., CIBC Bank USA, CIBC Capital Markets (Europe) S.A., CIBC Cayman Bank Limited, CIBC Cayman Capital Limited, CIBC Cayman Holdings Limited, CIBC Cayman Reinsurance Limited, CIBC Delaware Trust Company, CIBC Fund Administration Services (Asia) Limited, CIBC Inc., CIBC Investments (Cayman) Limited, CIBC Investor Services Inc., CIBC Life Insurance Company Limited, CIBC Mortgages Inc., CIBC National Trust Company, CIBC Private Wealth Advisors Inc., CIBC Private Wealth Group LLC, CIBC Securities Inc., CIBC Trust Corporation, CIBC Wood Gundy Financial Services (Quebec) Inc., CIBC Wood Gundy Financial Services Inc., CIBC World Markets (Japan) Inc., CIBC World Markets Corp., CIBC World Markets Inc., Canadian Imperial Holdings Inc., Cleary Gull, FirstCaribbean International Bank (Bahamas) Limited, FirstCaribbean International Bank (Barbados) Limited, FirstCaribbean International Bank (Cayman) Limited, FirstCaribbean International Bank (Curacao) N.V., FirstCaribbean International Bank (Jamaica) Limited, FirstCaribbean International Bank (Trinidad and Tobago) Limited, FirstCaribbean International Bank Limited, FirstCaribbean International Bank and Trust Company (Cayman) Limited, FirstCaribbean International Finance Corporation (Leeward & Windward) Limited, FirstCaribbean International Finance Corporation (Netherlands Antilles) N.V., FirstCaribbean International Securities Limited, FirstCaribbean International Trust Company (Bahamas) Limited, FirstCaribbean International Wealth Management Bank (Barbados) Limited, Geneva Advisors, INTRIA Items Inc., Lowenhaupt Global Advisors, PrivateBancorp, Sentry Insurance Brokers Ltd., and Wellington Financial.
Read More

When was Canadian Imperial Bank of Commerce founded?

Canadian Imperial Bank of Commerce was founded in 1867.

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 official website for Canadian Imperial Bank of Commerce is www.cibc.com. The bank can be reached via phone at (416) 861-3313, via email at alice.dunning@cibc.com, or via fax at 416-980-7012.

This page (NYSE:CM) was last updated on 7/7/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.