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

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

Comerica announced a quarterly dividend on Tuesday, January 22nd. Shareholders of record on Friday, March 15th will be paid a dividend of $0.67 per share on Monday, April 1st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Comerica's previous quarterly dividend of $0.60. View Comerica's Dividend History.

Comerica declared that its board has initiated a stock repurchase program on Tuesday, January 22nd 2019, which authorizes the company to repurchase 15,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

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

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

Comerica will be holding an earnings conference call on Tuesday, April 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

25 brokers have issued 1-year price objectives for Comerica's shares. Their predictions range from $83.00 to $114.00. On average, they expect Comerica's stock price to reach $95.15 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets 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, 11 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

Press coverage about CMA stock has been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Comerica earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Some companies that are related to Comerica include UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), National Australia Bank (NABZY), BANCO DO BRASIL/S (BDORY), Mizuho Financial Group (MFG), BB&T (BBT), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Standard Chartered (SCBFF), SunTrust Banks (STI), Shinhan Financial Group (SHG), KeyCorp (KEY), DANSKE BK A/S/S (DNKEY), Regions Financial (RF) and Huntington Bancshares (HBAN).

Comerica's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.34%), Millennium Management LLC (2.13%), Bank of New York Mellon Corp (1.80%), King Luther Capital Management Corp (1.77%), Geode Capital Management LLC (1.38%) and Northern Trust Corp (1.16%). Company insiders that own Comerica stock include Christine M Moore, Curtis C Farmer, David E Duprey, 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.

CMA stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Principal Financial Group Inc., Victory Capital Management Inc., Millennium Management LLC, Thrivent Financial for Lutherans, Picton Mahoney Asset Management, Mackenzie Financial Corp and SG Americas Securities LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Peter William Guilfoile and Ralph W Babb, Jr. View Insider Buying and Selling for Comerica.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Lord Abbett & CO. LLC, MUFG Securities EMEA plc, Wedge Capital Management L L P NC, Amundi Pioneer Asset Management Inc., Acadian Asset Management LLC, Bank of New York Mellon Corp and Voloridge Investment Management LLC. View Insider Buying and Selling for 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.

One share of CMA stock can currently be purchased for approximately $86.37.

Comerica has a market capitalization of $13.73 billion and generates $3.60 billion in revenue each year. The financial services provider earns $1.24 billion in net income (profit) each year or $7.24 on an earnings per share basis. Comerica employs 8,190 workers across the globe.

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

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]