Comerica - CMA Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 1 sell rating, 5 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CMA shares.
View CMA analyst ratings or view top-rated stocks.

16 analysts have issued 1 year price objectives for Comerica's stock. Their CMA share price forecasts range from $77.00 to $115.00. On average, they predict the company's share price to reach $95.26 in the next year. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for CMA or view top-rated stocks among Wall Street analysts.

Comerica's stock was trading at $87.00 on January 1st, 2022. Since then, CMA stock has decreased by 14.9% and is now trading at $74.06.
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Comerica saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,220,000 shares, an increase of 9.9% from the August 31st total of 2,020,000 shares. Based on an average daily volume of 1,020,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.7% of the shares of the stock are sold short.
View Comerica's Short Interest.

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

Comerica will be holding an earnings conference call on Wednesday, October 19th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Comerica Incorporated (NYSE:CMA) released its 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. The financial services provider earned $829 million during the quarter, compared to analyst estimates of $808.26 million. Comerica had a trailing twelve-month return on equity of 13.63% and a net margin of 30.42%. During the same quarter in the prior year, the business posted $2.32 earnings per share.
Read the conference call transcript.

Comerica declared a quarterly dividend on Tuesday, July 26th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.68 per share on Saturday, October 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.67%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for CMA.

Comerica (NYSE:CMA) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.59%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 39.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMA will have a dividend payout ratio of 26.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMA.

Comerica declared that its Board of Directors has approved a share repurchase 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 generally an indication that the company's leadership believes its stock is undervalued.

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.

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 many different institutional and retail investors. Top institutional investors include Moody National Bank Trust Division (0.01%), Symmetry Partners LLC (0.01%) and Martin Capital Partners LLC (0.01%). Insiders that own company 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 L Sefzik, Peter William Guilfoile, Reginald M Turner, Jr, Wendy Bridges and Ximena G Humrichouse.
View institutional ownership trends.

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 $74.06.

Comerica (NYSE:CMA) has a market capitalization of $9.69 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.

The company employs 7,611 workers across the globe.

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.