NYSE:CMA - Comerica Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$81.19 +1.49 (+1.87 %)
(As of 01/20/2019 10:01 AM ET)
Previous Close$81.19
Today's Range$79.34 - $81.23
52-Week Range$63.69 - $102.66
Volume2.39 million shs
Average Volume1.81 million shs
Market Capitalization$13.13 billion
P/E Ratio11.21
Dividend Yield2.96%
Beta1.38
Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through three segments: Business Bank, the Retail Bank, and Wealth Management. The Business Bank segment offers various products and services, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides small business banking and personal financial services, including consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers a range of consumer products comprising deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services consisting of fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company operates in Texas, California, and Michigan, as well as in Arizona and Florida, Canada, and Mexico. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

Receive CMA News and Ratings via Email

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

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP20034010
Phone214-462-6831

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.60 billion
Cash Flow$5.5993 per share
Book Value$46.43 per share

Profitability

Net Income$743 million

Miscellaneous

Employees8,190
Market Cap$13.13 billion
OptionableOptionable

Comerica (NYSE:CMA) Frequently Asked Questions

What is Comerica's stock symbol?

Comerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMA."

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

Comerica announced a quarterly dividend on Tuesday, November 6th. Stockholders of record on Friday, December 14th will be given a dividend of $0.60 per share on Tuesday, January 1st. This represents a $2.40 annualized dividend and a dividend yield of 2.96%. The ex-dividend date is Thursday, December 13th. View Comerica's Dividend History.

How will Comerica's stock buyback program work?

Comerica declared that its board has initiated a stock repurchase plan on Wednesday, July 26th 2017, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) issued its earnings results on Wednesday, January, 16th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.87 by $0.08. The financial services provider earned $864 million during the quarter, compared to analyst estimates of $863.43 million. Comerica had a net margin of 34.24% and a return on equity of 15.84%. The business's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.28 EPS. View Comerica's Earnings History.

When is Comerica's next earnings date?

Comerica is scheduled to release their next quarterly earnings announcement on Tuesday, April 16th 2019. View Earnings Estimates for Comerica.

What price target have analysts set for CMA?

25 equities research analysts have issued 12-month target prices for Comerica's shares. Their forecasts range from $83.00 to $114.00. On average, they anticipate Comerica's stock price to reach $95.15 in the next year. This suggests a possible upside of 17.2% from the stock's current price. View Analyst Price Targets for Comerica.

What is the consensus analysts' recommendation for Comerica?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 2 sell ratings, 10 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

Has Comerica been receiving favorable news coverage?

Headlines about CMA stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Comerica earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near term.

Who are some of Comerica's key competitors?

Who are Comerica's key executives?

Comerica's management team includes the folowing people:
  • Mr. Ralph W. Babb Jr., Chairman & CEO (Age 70)
  • Mr. Curtis Chatman Farmer, Pres & Director (Age 56)
  • Mr. John D. Buchanan, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 55)
  • Mr. Michael H. Michalak, Exec. VP & Chief Risk Officer (Age 61)
  • Ms. Muneera S. Carr, Exec. VP & CFO (Age 50)

Who are Comerica's major shareholders?

Comerica's stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.05%), Retirement Systems of Alabama (0.05%), Nisa Investment Advisors LLC (0.03%), Gateway Investment Advisers LLC (0.03%), State of Alaska Department of Revenue (0.03%) and Bowling Portfolio Management LLC (0.02%). Company insiders that own Comerica stock include Christine M Moore, Curtis C Farmer, David E Duprey, De Ven Michael G Van, Judith S Love, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Paul R Obermeyer, Peter William Guilfoile and Ralph W Babb, Jr. View Institutional Ownership Trends for Comerica.

Which major investors are selling Comerica stock?

CMA stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., DNB Asset Management AS, Cobiz Wealth LLC, Gulf International Bank UK Ltd, West Oak Capital LLC, Private Trust Co. NA, Retirement Systems of Alabama and Cozad Asset Management Inc.. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Curtis C Farmer, David E Duprey, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Peter William Guilfoile and Ralph W Babb, Jr. View Insider Buying and Selling for Comerica.

Which major investors are buying Comerica stock?

CMA stock was acquired by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Virtu Financial LLC, Nisa Investment Advisors LLC, Steward Partners Investment Advisory LLC, Bowling Portfolio Management LLC, First Citizens Bank & Trust Co., Cerebellum GP LLC and Arcadia Investment Management Corp MI. View Insider Buying and Selling for Comerica.

How do I buy shares of Comerica?

Shares of CMA 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, Scottrade, Fidelity and Charles Schwab.

What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $81.19.

How big of a company is Comerica?

Comerica has a market capitalization of $13.13 billion and generates $3.60 billion in revenue each year. The financial services provider earns $743 million in net income (profit) each year or $7.24 on an earnings per share basis. Comerica employs 8,190 workers across the globe.

What is Comerica's official website?

The official website for Comerica is http://www.comerica.com.

How can I contact Comerica?

Comerica's mailing address is 1717 MAIN STREET MC6404, DALLAS TX, 75201. The financial services provider can be reached via phone at 214-462-6831 or via email at [email protected]


MarketBeat Community Rating for Comerica (NYSE CMA)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  630 (Vote Outperform)
Underperform Votes:  1,058 (Vote Underperform)
Total Votes:  1,688
MarketBeat's community ratings are surveys of what our community members think about Comerica and other stocks. Vote "Outperform" if you believe CMA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/20/2019 by MarketBeat.com Staff

Featured Article: Depreciation

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