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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The Real Reason They Murdered JFK? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The Real Reason They Murdered JFK? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The Real Reason They Murdered JFK? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The Real Reason They Murdered JFK? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The Real Reason They Murdered JFK? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The Real Reason They Murdered JFK? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The Real Reason They Murdered JFK? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
The Real Reason They Murdered JFK? (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
The Real Reason They Murdered JFK? (Ad)
Leading Egyptian opposition politician targeted with spyware, researchers find
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
NYSE:CMA

Comerica (CMA) Stock Forecast, Price & News

$41.22
+0.01 (+0.02%)
(As of 09/22/2023 ET)
Compare
Today's Range
$40.68
$41.54
50-Day Range
$41.21
$53.96
52-Week Range
$28.40
$77.34
Volume
1.55 million shs
Average Volume
2.01 million shs
Market Capitalization
$5.43 billion
P/E Ratio
4.30
Dividend Yield
6.89%
Price Target
$61.06

Comerica MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
48.1% Upside
$61.06 Price Target
Short Interest
Healthy
6.26% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.56mentions of Comerica in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-18.39%
From $7.72 to $6.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.04 out of 5 stars

Finance Sector

72nd out of 847 stocks

National Commercial Banks Industry

17th out of 84 stocks


CMA stock logo

About Comerica (NYSE:CMA) Stock

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 Price History

CMA Stock News Headlines

S&P Downgrades 5 Banks: What Does It Mean For The Market? (CMA)
S&P's bank downgrades haven't severely hurt the broader financial sector, but risks remain, and it's tough for the broader market to rally without financials.
Comerica Investor Deadline Approaching
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Comerica (CMA) Receives a Buy from Citi
Comerica (NYSE:CMA) Given "Buy" Rating at Citigroup
Piper Sandler Trims Comerica (NYSE:CMA) Target Price to $48.00
15 Worst Performing Dividend Stocks YTD
Comerica (CMA) Receives a Buy from Stephens
Piper Sandler Reaffirms Their Hold Rating on Comerica (CMA)
See More Headlines
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CMA Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2023
Dividend Payable
7/01/2023
Last Earnings
7/21/2023
Ex-Dividend for 10/1 Dividend
9/14/2023
Today
9/24/2023
Dividend Payable
10/01/2023
Next Earnings (Confirmed)
10/20/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$61.06
High Stock Price Forecast
$88.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+48.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
20 Analysts

Profitability

Net Income
$1.15 billion
Pretax Margin
34.78%

Debt

Sales & Book Value

Annual Sales
$3.74 billion
Cash Flow
$9.54 per share
Book Value
$36.56 per share

Miscellaneous

Free Float
130,775,000
Market Cap
$5.43 billion
Optionable
Optionable
Beta
1.23

Social Links

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Key Executives

  • Mr. Curtis Chatman Farmer (Age 60)
    Chairman, CEO & Pres
    Comp: $4.27M
  • Mr. James J. Herzog (Age 60)
    CFO & Sr. EVP
    Comp: $1.76M
  • Ms. Megan D. Crespi (Age 48)
    Sr. EVP & COO
    Comp: $1.47M
  • Mr. Peter L. SefzikMr. Peter L. Sefzik (Age 47)
    Sr. EVP & Chief Banking Officer
    Comp: $1.58M
  • Mr. Jay K. ObergMr. Jay K. Oberg (Age 53)
    Sr. EVP & Chief Risk Officer
    Comp: $1.41M
  • Mr. Mauricio A. OrtizMr. Mauricio A. Ortiz (Age 43)
    Exec. VP & Chief Accounting Officer
  • Ms. Megan D. Burkhart (Age 51)
    Sr. Exec. VP and Chief Admin. & HR Officer
  • Ms. Kelly Gage
    Sr. VP & Director of Investor Relations
  • Mr. Von E. Hays (Age 51)
    Exec. VP, Chief Legal Officer & Gen. Counsel
  • Mr. Jon W. Bilstrom (Age 76)
    Exec. VP of Legal Affairs













CMA Stock - Frequently Asked Questions

Should I buy or sell Comerica stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 2 sell ratings, 6 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMA shares.
View CMA analyst ratings
or view top-rated stocks.

What is Comerica's stock price forecast for 2023?

20 equities research analysts have issued 12 month price objectives for Comerica's stock. Their CMA share price forecasts range from $45.00 to $88.00. On average, they predict the company's share price to reach $61.06 in the next twelve months. This suggests a possible upside of 48.1% 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 2023?

Comerica's stock was trading at $66.85 at the start of the year. Since then, CMA stock has decreased by 38.3% and is now trading at $41.22.
View the best growth stocks for 2023 here
.

Are investors shorting Comerica?

Comerica saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 8,190,000 shares, a decrease of 7.7% from the August 15th total of 8,870,000 shares. Based on an average daily trading volume, of 2,400,000 shares, the short-interest ratio is presently 3.4 days. Approximately 6.3% of the company's shares 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 Friday, October 20th 2023.
View our CMA earnings forecast
.

How can I listen to Comerica's earnings call?

Comerica will be holding an earnings conference call on Friday, October 20th at 8:15 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) issued its quarterly earnings results on Friday, July, 21st. The financial services provider reported $2.01 EPS for the quarter, beating the consensus estimate of $1.86 by $0.15. The financial services provider earned $1.38 billion during the quarter, compared to analysts' expectations of $904.80 million. Comerica had a trailing twelve-month return on equity of 25.54% and a net margin of 27.01%. During the same period in the previous year, the business earned $1.92 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, July 25th. Investors of record on Friday, September 15th will be given a dividend of $0.71 per share on Sunday, October 1st. This represents a $2.84 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date is Thursday, September 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 6.89%. 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 29.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMA will have a dividend payout ratio of 45.08% 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).

What is Comerica's stock symbol?

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

Who are Comerica's major shareholders?

Comerica's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.33%), State Street Corp (5.03%), Charles Schwab Investment Management Inc. (2.41%), Alliancebernstein L.P. (2.21%), Geode Capital Management LLC (2.21%) and Dimensional Fund Advisors LP (1.15%). Insiders that own company stock include Cassandra M Mckinney, Cassandra M Mckinney, Christine M Moore, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $41.22.

How much money does Comerica make?

Comerica (NYSE:CMA) has a market capitalization of $5.43 billion and generates $3.74 billion in revenue each year. The financial services provider earns $1.15 billion in net income (profit) each year or $9.58 on an earnings per share basis.

How many employees does Comerica have?

The company employs 7,649 workers across the globe.

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
How can I contact Comerica?

Comerica's mailing address is 1717 MAIN STREET MC6404, DALLAS TX, 75201. The official website for the company is www.comerica.com. The financial services provider can be reached via phone at (214) 462-6831, via email at investorrelations@comerica.com, or via fax at 302-424-4866.

This page (NYSE:CMA) was last updated on 9/24/2023 by MarketBeat.com Staff

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