Log in

NYSE:CM - Canadian Imperial Bank of Commerce Stock Price, Forecast & News

$82.61
-4.37 (-5.02 %)
(As of 12/6/2019 03:59 AM ET)
Today's Range
$82.17
Now: $82.61
$84.37
50-Day Range
$82.60
MA: $86.14
$87.33
52-Week Range
$72.96
Now: $82.61
$87.62
Volume1.36 million shs
Average Volume444,368 shs
Market Capitalization$36.81 billion
P/E Ratio8.84
Dividend Yield4.98%
Beta1.17
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 Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Read More…

Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone416-980-2211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$19.34 billion
Cash Flow$10.01 per share
Book Value$57.67 per share

Profitability

Net Income$4.09 billion

Miscellaneous

Employees45,091
Market Cap$36.81 billion
Next Earnings DateN/A
OptionableOptionable

Receive CM News and Ratings via Email

Sign-up to receive the latest news and ratings for CM and its competitors with MarketBeat's FREE daily newsletter.


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 declared a quarterly dividend on Thursday, August 22nd. Investors of record on Friday, September 27th will be given a dividend of $1.091 per share on Monday, October 28th. This represents a $4.36 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend is Thursday, September 26th. This is a boost from Canadian Imperial Bank of Commerce's previous quarterly dividend of $1.04. View Canadian Imperial Bank of Commerce's Dividend History.

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

Canadian Imperial Bank of Commerce (NYSE:CM) released its quarterly earnings data on Thursday, December, 5th. The bank reported $2.84 EPS for the quarter, beating the consensus estimate of $2.28 by $0.56. The bank earned $4.77 billion during the quarter, compared to analysts' expectations of $4.76 billion. Canadian Imperial Bank of Commerce had a net margin of 18.39% and a return on equity of 15.92%. The business's revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $3.00 earnings per share. View Canadian Imperial Bank of Commerce's Earnings History.

What price target have analysts set for CM?

8 equities research analysts have issued twelve-month price objectives for Canadian Imperial Bank of Commerce's shares. Their forecasts range from $123.00 to $140.00. On average, they expect Canadian Imperial Bank of Commerce's stock price to reach $127.60 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price. View Analyst Price Targets for Canadian Imperial Bank of Commerce.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Imperial Bank of Commerce.

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

Headlines about CM stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Canadian Imperial Bank of Commerce earned a news impact score of 2.0 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Canadian Imperial Bank of Commerce.

Are investors shorting Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce saw a drop in short interest in October. As of October 15th, there was short interest totalling 6,650,000 shares, a drop of 26.9% from the September 15th total of 9,100,000 shares. Based on an average trading volume of 537,700 shares, the short-interest ratio is presently 12.4 days. Approximately 1.5% of the company's stock are short sold. View Canadian Imperial Bank of Commerce's Current Options Chain.

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

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), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Intel (INTC), Enbridge (ENB), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), Simon Property Group (SPG) and Bank of Montreal (BMO).

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, CEO & Director (Age 53)
  • Mr. Kevin A. Glass, Sr. EVP & CFO (Age 61)
  • Mr. Michael G. Capatides, Sr. EVP & Group Head of US Region, Pres and CEO of CIBC Bank USA
  • Mr. Harry K. Culham, Sr. EVP & Group Head of Capital Markets
  • Mr. John P. Ferren, Sr. VP, Corp. CFO & Investor Relations

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

Canadian Imperial Bank of Commerce's stock is owned by many different of institutional and retail investors. Top institutional shareholders include CIBC Asset Management Inc (1.01%), Great West Life Assurance Co. Can (0.81%), Letko Brosseau & Associates Inc. (0.67%), Alberta Investment Management Corp (0.40%), Beutel Goodman & Co Ltd. (0.37%) and Sumitomo Mitsui Trust Holdings Inc. (0.36%).

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 Great West Life Assurance Co. Can, Millennium Management LLC, QV Investors Inc., CIBC Asset Management Inc, Russell Investments Group Ltd., Unigestion Holding SA, Sumitomo Mitsui Trust Holdings Inc. and AMF Pensionsforsakring AB.

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

CM stock was bought by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Letko Brosseau & Associates Inc., Envestnet Asset Management Inc., Hexavest Inc., Beutel Goodman & Co Ltd., Ilmarinen Mutual Pension Insurance Co, Stifel Financial Corp and BB&T Securities LLC.

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, Robinhood, 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 $82.61.

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

Canadian Imperial Bank of Commerce has a market capitalization of $36.81 billion and generates $19.34 billion in revenue each year. The bank earns $4.09 billion in net income (profit) each year or $9.34 on an earnings per share basis. Canadian Imperial Bank of Commerce employs 45,091 workers across the globe.View Additional Information About Canadian Imperial Bank of Commerce.

What is Canadian Imperial Bank of Commerce's official website?

The official website for Canadian Imperial Bank of Commerce is http://www.cibc.com/.

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:  1.9 out of 5 (star)
Outperform Votes:  409 (Vote Outperform)
Underperform Votes:  650 (Vote Underperform)
Total Votes:  1,059
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 12/6/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel