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S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
The Five Hottest Calls From The Q2 Earnings Season 
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Buffett's firm buys more Apple, Amazon while betting on oil
3 Stocks Set to Lead the Nasdaq Bull Market
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Stocks end higher on Wall Street; economic worries hit oil
Myanmar executions revive pressure for more sanctions
Is Ford About To Crush Workhorse Group? 
Copper More Critical than Lithium? (Ad)
NYSE:CMA

Comerica - CMA Stock Forecast, Price & News

$85.63
-0.03 (-0.04%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$84.45
$85.84
50-Day Range
$71.52
$85.66
52-Week Range
$70.31
$102.09
Volume
523,989 shs
Average Volume
997,139 shs
Market Capitalization
$11.20 billion
P/E Ratio
12.50
Dividend Yield
3.18%
Price Target
$95.45

Comerica MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.59 Rating Score
Upside/​Downside
11.5% Upside
$95.45 Price Target
Short Interest
Healthy
2.01% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.34mentions of Comerica in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$610,505 Sold Last Quarter
Proj. Earnings Growth
23.51%
From $8.38 to $10.35 Per Share

Overall MarketRank

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

2.95 out of 5 stars

Finance Sector

156th out of 926 stocks

National Commercial Banks Industry

19th out of 88 stocks

CMA stock logo

About Comerica (NYSE:CMA) Stock

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It 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 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. This segment also offers 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 provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also 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.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CMA shares. Piper Sandler cut their target price on Comerica to $90.00 in a research report on Friday, July 22nd. Royal Bank of Canada lowered their target price on shares of Comerica from $114.00 to $110.00 and set an "outperform" rating for the company in a report on Thursday, April 21st. Wells Fargo & Company cut their price target on shares of Comerica from $82.00 to $77.00 and set an "underweight" rating on the stock in a report on Friday, July 1st. Jefferies Financial Group dropped their target price on shares of Comerica from $100.00 to $86.00 in a research report on Monday, July 11th. Finally, Wedbush upped their target price on Comerica from $89.00 to $94.00 and gave the company an "outperform" rating in a report on Thursday, July 21st. One research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $95.45.

Comerica Stock Performance

Shares of CMA opened at $85.63 on Tuesday. Comerica has a 52-week low of $70.31 and a 52-week high of $102.09. The stock's 50-day simple moving average is $76.85 and its 200 day simple moving average is $84.28. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $11.20 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 1.38 and a beta of 1.30.

Comerica (NYSE:CMA - Get Rating) last announced its quarterly earnings results on Wednesday, July 20th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.15. Comerica had a net margin of 30.42% and a return on equity of 13.63%. During the same period in the prior year, the business earned $2.32 EPS. Research analysts forecast that Comerica will post 8.38 EPS for the current fiscal year.

Comerica Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 1st. Stockholders of record on Thursday, September 15th will be given a dividend of $0.68 per share. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.18%. Comerica's dividend payout ratio (DPR) is currently 39.71%.

Insider Transactions at Comerica

In related news, EVP Peter L. Sefzik sold 7,287 shares of Comerica stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $83.78, for a total transaction of $610,504.86. Following the completion of the sale, the executive vice president now owns 32,007 shares of the company's stock, valued at $2,681,546.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.76% of the company's stock.

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CMA Stock News Headlines

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Will governments confiscate bank deposits? Sound crazy? The fact is, it could ultimately be even worse. Dr. Martin Weiss reveals 7 steps investors can take to protect their money and even build wealth swiftly in the trying times ahead. Click here now! pixel
Desperate governments do desperate things…
Will governments confiscate bank deposits? Sound crazy? The fact is, it could ultimately be even worse. Dr. Martin Weiss reveals 7 steps investors can take to protect their money and even build wealth swiftly in the trying times ahead. Click here now! pixel
Citigroup Boosts Comerica (NYSE:CMA) Price Target to $95.00
Comerica (NYSE:CMA) PT Lowered to $90.00 at Piper Sandler
Comerica (NYSE:CMA) PT Raised to $86.00 at Evercore ISI
Wedbush Increases Comerica (NYSE:CMA) Price Target to $94.00
See More Headlines
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CMA Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2022
Dividend Payable
7/01/2022
Last Earnings
7/20/2022
Today
8/16/2022
Ex-Dividend for 10/1 Dividend
9/14/2022
Dividend Payable
10/01/2022
Next Earnings (Estimated)
10/19/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
CUSIP
20034010
Employees
7,611
Year Founded
1849

Price Target and Rating

Average Stock Price Forecast
$95.45
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$77.00
Forecasted Upside/Downside
+11.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.59
Research Coverage
17 Analysts

Profitability

Net Income
$1.17 billion
Pretax Margin
38.71%

Debt

Sales & Book Value

Annual Sales
$3.02 billion
Cash Flow
$9.93 per share
Book Value
$57.21 per share

Miscellaneous

Free Float
129,826,000
Market Cap
$11.20 billion
Optionable
Optionable
Beta
1.30

Social Links


Key Executives














CMA Stock - Frequently Asked Questions

Should I buy or sell Comerica stock right now?

17 Wall Street equities 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 equities research analysts is that investors should "buy" CMA shares.
View CMA analyst ratings
or view top-rated stocks.

What is Comerica's stock price forecast for 2022?

17 Wall Street analysts have issued 12 month price objectives for Comerica's shares. Their CMA share price forecasts range from $77.00 to $115.00. On average, they predict the company's share price to reach $95.45 in the next year. This suggests a possible upside of 11.5% 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 2022?

Comerica's stock was trading at $87.00 on January 1st, 2022. Since then, CMA stock has decreased by 1.6% and is now trading at $85.63.
View the best growth stocks for 2022 here
.

Are investors shorting Comerica?

Comerica saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,610,000 shares, an increase of 5.2% from the July 15th total of 2,480,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the short-interest ratio is currently 2.2 days. Currently, 2.0% of the company's shares are sold short.
View Comerica's Short Interest
.

When is Comerica's next earnings date?

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

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) issued its quarterly earnings results on Wednesday, July, 20th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.77 by $0.15. Comerica had a trailing twelve-month return on equity of 13.63% and a net margin of 30.42%. During the same period in the prior year, the business posted $2.32 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 26th. Investors 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 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for CMA
.

Is Comerica a good dividend stock?

Comerica (NYSE:CMA) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.18%. 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 26.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMA.

How will Comerica's stock buyback program work?

Comerica declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 27th 2021, which allows the company to buyback 10,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

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 retail and institutional investors. Top institutional shareholders include State Street Corp (5.65%), FMR LLC (3.05%), King Luther Capital Management Corp (2.09%), Massachusetts Financial Services Co. MA (1.21%), Victory Capital Management Inc. (1.04%) and Northern Trust Corp (1.00%). 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
.

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 $85.63.

How much money does Comerica make?

Comerica (NYSE:CMA) has a market capitalization of $11.20 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.

How many employees does Comerica have?

The company employs 7,611 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
When was Comerica founded?

Comerica was founded in 1849.

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 8/16/2022 by MarketBeat.com Staff

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