Comerica - CMA Stock Forecast, Price & News

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 1 sell rating, 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Comerica stock.
View analyst ratings for Comerica or view top-rated stocks.

17 equities research analysts have issued 1 year price targets for Comerica's stock. Their CMA stock forecasts range from $77.00 to $115.00. On average, they predict Comerica's stock price to reach $95.45 in the next year. This suggests a possible upside of 22.1% from the stock's current price.
View analysts' price targets for Comerica or view top-rated stocks among Wall Street analysts.

Comerica's stock was trading at $87.00 at the beginning of 2022. Since then, CMA shares have decreased by 10.1% and is now trading at $78.19.
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Comerica saw a increase in short interest in July. As of July 15th, there was short interest totaling 2,480,000 shares, an increase of 33.3% from the June 30th total of 1,860,000 shares. Based on an average daily volume of 1,380,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.9% of the company's stock are short sold.
View Comerica's Short Interest.

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, October 19th 2022.
View our earnings forecast for Comerica.

Comerica Incorporated (NYSE:CMA) announced its quarterly earnings results on Wednesday, July, 20th. The financial services provider reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.15. Comerica had a net margin of 30.42% and a trailing twelve-month return on equity of 13.63%. During the same period in the previous year, the firm earned $2.32 earnings per share.
Read Comerica's conference call transcript.

Comerica announced a quarterly dividend on Tuesday, July 26th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.68 per share on Saturday, October 1st. This represents a $2.72 annualized dividend and a yield of 3.48%. The ex-dividend date is Wednesday, September 14th.
View Comerica's dividend history.

Comerica(NYSE:CMA) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.48%. The dividend payout ratio of Comerica is 39.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 26.28% next year. This indicates that Comerica will be able to sustain or increase its dividend.
View Comerica's dividend history.

Comerica announced that its Board of Directors has authorized a stock buyback program on Tuesday, April 27th 2021, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

47 employees have rated Comerica CEO Curtis C Farmer on Glassdoor.com. Curtis C Farmer has an approval rating of 90% among Comerica's employees.

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).

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

Comerica's stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (1.04%), GW Henssler & Associates Ltd. (0.29%), Deroy & Devereaux Private Investment Counsel Inc. (0.17%), AE Wealth Management LLC (0.13%), New York State Teachers Retirement System (0.13%) and Ceredex Value Advisors LLC (0.12%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, Christine M Moore, Hardy Matthew, James Harry Weber, Jay K Oberg, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Mauricio A Ortiz, Melinda A Chausse, Peter William Guilfoile, Reginald M Turner, Jr, Wendy Bridges and Ximena G Humrichouse.
View institutional ownership trends for 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.
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One share of CMA stock can currently be purchased for approximately $78.19.

Comerica (NYSE:CMA) has a market capitalization of $10.23 billion and generates $3.02 billion in revenue each year. The financial services provider earns $1.17 billion in net income (profit) each year or $6.85 on an earnings per share basis.

Comerica employs 7,611 workers across the globe.

Comerica was founded in 1849.

Comerica's mailing address is 1717 MAIN STREET MC6404, DALLAS TX, 75201. The official website for Comerica 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.