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NYSE:CMA

Comerica (CMA) Stock Price, News & Analysis

$55.55
-0.22 (-0.39%)
(As of 07/12/2024 ET)
Today's Range
$55.00
$55.88
50-Day Range
$46.43
$55.80
52-Week Range
$37.40
$57.39
Volume
2.15 million shs
Average Volume
2.23 million shs
Market Capitalization
$7.37 billion
P/E Ratio
11.04
Dividend Yield
5.11%
Price Target
$55.96

Comerica MarketRank™ Stock Analysis

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
0.7% Upside
$55.96 Price Target
Short Interest
Healthy
2.72% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.36mentions of Comerica in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$382,382 Sold Last Quarter
Proj. Earnings Growth
15.77%
From $5.01 to $5.80 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.

4.90 out of 5 stars

Finance Sector

40th out of 863 stocks

National Commercial Banks Industry

7th out of 86 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, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication 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. The Wealth Management segment offers products and services comprising financial planning, trust and fiduciary services, investment management and advisory, brokerage, private banking, and business transition planning services for affluents, high-net worth and ultra-high-net-worth individuals and families, business owners, and executives, and institutional clients. The Finance segment comprises securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, and Florida, the United States; and 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

Assembly line worker Lashunta Harris applies the Ford logo on a 2024 Ford F-150 truck being assembl…
US jobs report for June is likely to point to slower but still-solid hiring
The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation
I’ve seen this situation a handful of times in my life
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
5 Under $50 Dividend Stocks to Buy Now
7 Stocks That Will Benefit the Most From Coming Rate Cuts
Comerica: High Dividend Yield Is Not Enough To Buy
I’ve seen this situation a handful of times in my life
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
Comerica's (NYSE:CMA) Dividend Will Be $0.71
Comerica (CMA) Gets a Sell from Wells Fargo
See More Headlines
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Company Calendar

Last Earnings
4/18/2024
Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Today
7/12/2024
Next Earnings (Confirmed)
7/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Diversified Banks
CUSIP
20034010
Employees
7,650
Year Founded
1849

Price Target and Rating

Average Stock Price Target
$55.96
High Stock Price Target
$68.00
Low Stock Price Target
$44.00
Potential Upside/Downside
+0.7%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
23 Analysts

Profitability

Net Income
$881 million
Pretax Margin
17.09%

Debt

Sales & Book Value

Annual Sales
$5.25 billion
Cash Flow
$9.11 per share
Book Value
$45.59 per share

Miscellaneous

Free Float
132,335,000
Market Cap
$7.37 billion
Optionable
Optionable
Beta
1.25

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Key Executives


CMA Stock Analysis - Frequently Asked Questions

How have CMA shares performed this year?

Comerica's stock was trading at $55.81 at the beginning of the year. Since then, CMA stock has decreased by 0.5% and is now trading at $55.55.
View the best growth stocks for 2024 here
.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) issued its quarterly earnings results on Thursday, April, 18th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.16. The financial services provider had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $807.57 million. Comerica had a net margin of 13.11% and a trailing twelve-month return on equity of 16.51%.
Read the conference call transcript
.

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.

Does Comerica have any subsidiaries?

The following companies are subsidiaries of Comerica: Sterling Bancshares, Imperial Bancorp, B&G Tax Equity Partnership LLC, Briel Farm Solar LLC, Cass & Co., Comerica Assurance Ltd., Comerica Bank, and others.

Who are Comerica's major shareholders?

Top institutional investors of Comerica include OLD National Bancorp IN (0.18%), MADDEN SECURITIES Corp (0.08%), SG Americas Securities LLC (0.05%) and Linden Thomas Advisory Services LLC (0.03%). Insiders that own company stock include Peter L Sefzik, Wendy Bridges, Cassandra M Mckinney, Reginald M Turner Jr, Christine M Moore, John D Buchanan, Jay K Oberg, Mauricio A Ortiz, Melinda A Chausse, Ximena G Humrichouse and James Harry Weber.
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.

What other stocks do shareholders of Comerica own?

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

This page (NYSE:CMA) was last updated on 7/13/2024 by MarketBeat.com Staff

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