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Canadian Imperial Bank of Commerce Stock Price, Forecast & Analysis (NYSE:CM)

$86.37
-0.15 (-0.17 %)
(As of 11/13/2019 11:45 AM ET)
Today's Range
$85.96
Now: $86.37
$86.37
50-Day Range
$79.83
MA: $84.05
$87.33
52-Week Range
$72.96
Now: $86.37
$87.74
Volume66,747 shs
Average Volume445,648 shs
Market Capitalization$38.46 billion
P/E Ratio9.25
Dividend Yield5.00%
Beta1.18
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$10.47 per share
Book Value$57.67 per share

Profitability

Net Income$4.09 billion

Miscellaneous

Employees45,091
Market Cap$38.46 billion
Next Earnings Date12/5/2019 (Confirmed)
OptionableOptionable

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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 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 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Thursday, September 26th. This is a positive change 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) announced its earnings results on Thursday, August, 22nd. The bank reported $3.10 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.29 by $0.81. The bank earned $3.54 billion during the quarter, compared to the consensus estimate of $3.50 billion. Canadian Imperial Bank of Commerce had a net margin of 18.39% and a return on equity of 15.92%. During the same quarter last year, the firm earned $3.08 earnings per share. 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, December 5th 2019. View Earnings Estimates for Canadian Imperial Bank of Commerce.

How can I listen to Canadian Imperial Bank of Commerce's earnings call?

Canadian Imperial Bank of Commerce will be holding an earnings conference call on Thursday, December 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CM?

8 brokers have issued 12 month price targets for Canadian Imperial Bank of Commerce's stock. Their forecasts range from $123.00 to $140.00. On average, they anticipate Canadian Imperial Bank of Commerce's stock price to reach $127.60 in the next twelve months. This suggests a possible upside of 48.1% 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 very negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Canadian Imperial Bank of Commerce earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave media stories about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. 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 the month of October. As of October 31st, there was short interest totalling 6,650,000 shares, a drop of 26.9% from the September 30th total of 9,100,000 shares. Based on an average daily volume of 537,700 shares, the days-to-cover ratio is presently 12.4 days. Approximately 1.5% of the shares of the stock are sold short. 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), Intel (INTC), Bank of Nova Scotia (BNS), Enbridge (ENB), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), Walt Disney (DIS) and Simon Property Group (SPG).

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 investors 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, QV Investors Inc., CIBC Asset Management Inc, Russell Investments Group Ltd., Unigestion Holding SA, Sumitomo Mitsui Trust Holdings Inc., AMF Pensionsforsakring AB and Commerzbank Aktiengesellschaft FI.

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., BB&T Securities LLC, Stephens Inc. AR and First Trust Advisors LP.

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 $86.17.

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

Canadian Imperial Bank of Commerce has a market capitalization of $38.37 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:  400 (Vote Outperform)
Underperform Votes:  638 (Vote Underperform)
Total Votes:  1,038
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 11/13/2019 by MarketBeat.com Staff

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