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

$83.25
-0.07 (-0.08 %)
(As of 01/19/2020 04:00 PM ET)
Today's Range
$83.05
Now: $83.25
$83.59
50-Day Range
$82.38
MA: $83.53
$87.01
52-Week Range
$73.20
Now: $83.25
$87.62
Volume224,891 shs
Average Volume332,917 shs
Market Capitalization$37.09 billion
P/E Ratio9.91
Dividend Yield5.21%
Beta1.14
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$21.64 billion
Cash Flow$10.56 per share
Book Value$60.38 per share

Profitability

Net Income$3.83 billion

Miscellaneous

Employees45,157
Market Cap$37.09 billion
Next Earnings Date2/26/2020 (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 Friday, December 6th. Investors of record on Friday, December 27th will be paid a dividend of $1.0908 per share on Tuesday, January 28th. This represents a $4.36 annualized dividend and a yield of 5.24%. The ex-dividend date is Thursday, December 26th. 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) issued its quarterly earnings data on Thursday, December, 5th. The bank reported $2.84 EPS for the quarter, beating the consensus estimate of $2.32 by $0.52. The bank earned $4.77 billion during the quarter, compared to the consensus estimate of $4.76 billion. Canadian Imperial Bank of Commerce had a net margin of 17.72% and a return on equity of 15.57%. Canadian Imperial Bank of Commerce's revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.00 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 Wednesday, February 26th 2020. View Earnings Estimates for Canadian Imperial Bank of Commerce.

What price target have analysts set for CM?

10 brokerages have issued 1-year price objectives for Canadian Imperial Bank of Commerce's stock. Their forecasts range from $104.00 to $126.00. On average, they anticipate Canadian Imperial Bank of Commerce's stock price to reach $117.00 in the next year. This suggests a possible upside of 40.5% 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?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 10 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?

News headlines about CM stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Canadian Imperial Bank of Commerce earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several 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 increase in short interest in the month of December. As of December 13th, there was short interest totalling 6,960,000 shares, an increase of 17.2% from the November 28th total of 5,940,000 shares. Based on an average daily trading volume, of 468,800 shares, the days-to-cover ratio is currently 14.8 days. Currently, 1.6% of the shares of the company 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), Bank of Nova Scotia (BNS), Intel (INTC), Enbridge (ENB), Energy Transfer LP Unit (ET), Cisco Systems (CSCO), Bank of Montreal (BMO) and Walt Disney (DIS).

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 a variety of of institutional and retail investors. Top institutional shareholders include Cardinal Capital Management Inc. (0.21%), Hexavest Inc. (0.14%), Galibier Capital Management Ltd. (0.10%), CLARET ASSET MANAGEMENT Corp (0.01%), Nexus Investment Management Inc. (0.01%) and Townsend & Associates Inc (0.01%).

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

CM stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Nexus Investment Management Inc., Allred Capital Management LLC, Assenagon Asset Management S.A., Raymond James Trust N.A., Townsend & Associates Inc, Cozad Asset Management Inc. and IFP Advisors Inc.

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

CM stock was purchased by a variety of institutional investors in the last quarter, including Hexavest Inc., Cardinal Capital Management Inc., Galibier Capital Management Ltd., AE Wealth Management LLC, Allworth Financial LP, Huntington National Bank, CLARET ASSET MANAGEMENT Corp and JCIC Asset Management Inc..

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 $83.25.

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

Canadian Imperial Bank of Commerce has a market capitalization of $37.09 billion and generates $21.64 billion in revenue each year. The bank earns $3.83 billion in net income (profit) each year or $8.97 on an earnings per share basis. Canadian Imperial Bank of Commerce employs 45,157 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:  416 (Vote Outperform)
Underperform Votes:  667 (Vote Underperform)
Total Votes:  1,083
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 1/19/2020 by MarketBeat.com Staff

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