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Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
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Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
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Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
NYSE:CMA

Comerica (CMA) Stock Price, News & Analysis

$49.59
+0.21 (+0.43%)
(As of 03/1/2024 ET)
Today's Range
$47.64
$49.77
50-Day Range
$48.52
$56.80
52-Week Range
$28.40
$70.36
Volume
2.87 million shs
Average Volume
1.81 million shs
Market Capitalization
$6.57 billion
P/E Ratio
7.70
Dividend Yield
5.73%
Price Target
$56.02

Comerica MarketRank™ Stock Analysis

Analyst Rating
Hold
2.24 Rating Score
Upside/​Downside
13.0% Upside
$56.02 Price Target
Short Interest
Healthy
4.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.22mentions of Comerica in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$248,311 Sold Last Quarter
Proj. Earnings Growth
17.87%
From $5.26 to $6.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Finance Sector

21st out of 871 stocks

National Commercial Banks Industry

3rd out of 87 stocks


CMA stock logo

About Comerica Stock (NYSE:CMA)

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services, as well as payment and card services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination; and various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans, as well as commercial products and services to micro-businesses. The Wealth Management segment offers products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services; and sells annuity products, as well as life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida, Canada, and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

CMA Stock Price History

CMA Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CMA Apr 2024 62.500 call
CMA Mar 2024 40.000 put
DA Davidson Downgrades Comerica (CMA)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Comerica (NYSE:CMA) Downgraded to "Neutral" at DA Davidson
Comerica declares $0.71 dividend
Comerica Declares Common and Preferred Stock Dividends
Key Takeaways From Comerica Analyst Ratings
CMA Dec 2024 55.000 put
CMA Mar 2024 56.000 call
CMA Mar 2024 52.000 put
CMA Mar 2024 48.000 put
CMA Mar 2024 58.000 call
CMA Feb 2024 60.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 1/1 Dividend
12/14/2023
Dividend Payable
1/01/2024
Last Earnings
1/19/2024
Today
3/03/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Next Earnings (Confirmed)
4/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Diversified Banks
CUSIP
20034010
Employees
7,649
Year Founded
1849

Price Target and Rating

Average Stock Price Target
$56.02
High Stock Price Target
$80.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+13.0%
Consensus Rating
Hold
Rating Score (0-4)
2.24
Research Coverage
21 Analysts

Profitability

Net Income
$881 million
Pretax Margin
21.78%

Debt

Sales & Book Value

Annual Sales
$5.25 billion
Cash Flow
$8.59 per share
Book Value
$45.38 per share

Miscellaneous

Free Float
131,483,000
Market Cap
$6.57 billion
Optionable
Optionable
Beta
1.25

Social Links

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Key Executives















CMA Stock Analysis - Frequently Asked Questions

Should I buy or sell Comerica stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 2 sell ratings, 12 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMA, but not buy additional shares or sell existing shares.
View CMA analyst ratings
or view top-rated stocks.

What is Comerica's stock price target for 2024?

21 brokers have issued 12 month price objectives for Comerica's shares. Their CMA share price targets range from $43.00 to $80.00. On average, they expect the company's share price to reach $56.02 in the next twelve months. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for CMA
or view top-rated stocks among Wall Street analysts.

How have CMA shares performed in 2024?

Comerica's stock was trading at $55.81 at the beginning of 2024. Since then, CMA stock has decreased by 11.1% and is now trading at $49.59.
View the best growth stocks for 2024 here
.

Are investors shorting Comerica?

Comerica saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 5,510,000 shares, an increase of 14.3% from the January 31st total of 4,820,000 shares. Based on an average daily volume of 2,040,000 shares, the short-interest ratio is currently 2.7 days. Approximately 4.2% of the shares of the company are short sold.
View Comerica's Short Interest
.

When is Comerica's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our CMA earnings forecast
.

How can I listen to Comerica's earnings call?

Comerica will be holding an earnings conference call on Thursday, April 18th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) announced its earnings results on Friday, January, 19th. The financial services provider reported $1.46 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.08. The financial services provider earned $1.25 billion during the quarter, compared to analyst estimates of $826.07 million. Comerica had a trailing twelve-month return on equity of 19.41% and a net margin of 16.71%. During the same period in the prior year, the business posted $2.58 EPS.
Read the conference call transcript
.

How often does Comerica pay dividends? What is the dividend yield for Comerica?

Comerica announced a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.71 per share on Monday, April 1st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for CMA
.

Is Comerica a good dividend stock?

Comerica (NYSE:CMA) pays an annual dividend of $2.84 per share and currently has a dividend yield of 5.73%. CMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMA will have a dividend payout ratio of 45.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMA.

What is Curtis C Farmer's approval rating as Comerica's CEO?

47 employees have rated Comerica Chief Executive Officer Curtis C Farmer on Glassdoor.com. Curtis C Farmer has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Comerica own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), AT&T (T), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Alibaba Group (BABA), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO).

Who are Comerica's major shareholders?

Comerica's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.80%), First Trust Advisors LP (3.42%), Price T Rowe Associates Inc. MD (0.00%), Price T Rowe Associates Inc. MD (0.00%), Charles Schwab Investment Management Inc. (2.54%) and Dimensional Fund Advisors LP (1.98%). Insiders that own company stock include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Mauricio A Ortiz, Melinda A Chausse, Peter L Sefzik, Reginald M Turner Jr, Wendy Bridges and Ximena G Humrichouse.
View institutional ownership trends
.

How do I buy shares of Comerica?

Shares of CMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Comerica have any subsidiaries?
The following companies are subsidiares of Comerica: B&G Tax Equity Partnership LLC, Briel Farm Solar LLC, Cass & Co., Comerica Assurance Ltd., Comerica Bank, Comerica Bank & Trust National Association, Comerica Capital Advisors Incorporated, Comerica Financial Incorporated, Comerica Holdings Incorporated, Comerica Insurance Group Inc., Comerica Insurance Services Inc., Comerica Insurance Services of Texas Incorporated, Comerica Investment Services Inc., Comerica Leasing Corporation, Comerica Management Company, Comerica Properties Corporation, Comerica Securities Inc., Comerica Ventures Incorporated, Gardy's Mill Solar LLC, Imperial Bancorp, Interstate Select Insurance Services Inc., Munder UK L.L.C., SCFS Reverse Exchange LLC, Silver Funding Corp., Sterling Bancshares, USB RETC Fund 2020-23 LLC, VRB Comfort LLC, VRB Corp., VRB Marketplace of Rochester Hills LLC, VRB Ocala Ranch LLC, VRB Red Oak LLC, WAM Holdings Inc., and Wilson Kemp & Associates Inc..
Read More
This page (NYSE:CMA) was last updated on 3/3/2024 by MarketBeat.com Staff