Comerica Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 5 sell ratings, 7 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Comerica stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMA, but not buy additional shares or sell existing shares.
View analyst ratings for Comerica or view top-rated stocks.

Wall Street analysts have given Comerica a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Comerica wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Comerica is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Comerica.

Comerica Incorporated (NYSE:CMA) issued its earnings results on Monday, April, 19th. The financial services provider reported $2.43 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.37 by $1.06. The financial services provider earned $713 million during the quarter, compared to analyst estimates of $722.96 million. Comerica had a trailing twelve-month return on equity of 7.12% and a net margin of 16.17%. During the same quarter in the previous year, the firm posted ($0.46) EPS.
View Comerica's earnings history.

Comerica's stock was trading at $38.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CMA stock has increased by 100.5% and is now trading at $76.24.
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Comerica announced a quarterly dividend on Tuesday, April 27th. Investors of record on Tuesday, June 15th will be paid a dividend of $0.68 per share on Thursday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend is Monday, June 14th.
View Comerica's dividend history.

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.53%. Comerica has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Comerica is 34.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 61.26% 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 has approved a share buyback plan on Tuesday, April 27th 2021, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

21 brokers have issued 1-year target prices for Comerica's stock. Their forecasts range from $26.00 to $100.00. On average, they anticipate Comerica's stock price to reach $66.74 in the next twelve months. This suggests that the stock has a possible downside of 12.5%.
View analysts' price targets for Comerica or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Comerica include Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY), Standard Chartered (SCBFF), KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG), Danske Bank A/S (DNKEY), BANCO DO BRASIL/S (BDORY), Huntington Bancshares (HBAN), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Cullen/Frost Bankers (CFR), Synovus Financial (SNV), TCF Financial (TCF) and Pinnacle Financial Partners (PNFP).
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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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.92%), King Luther Capital Management Corp (1.89%), Geode Capital Management LLC (1.78%), Alliancebernstein L.P. (1.69%), Northern Trust Corp (1.03%) and The Manufacturers Life Insurance Company (0.88%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, Hardy Matthew, James Harry Weber, Jay K Oberg, Mauricio A Ortiz, Peter William Guilfoile and Reginald M Turner, Jr.
View institutional ownership trends for Comerica.

CMA stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Jupiter Asset Management Ltd., Ergoteles LLC, Principal Financial Group Inc., Russell Investments Group Ltd., Alps Advisors Inc., ARGI Investment Services LLC, and Ensign Peak Advisors Inc. Company insiders that have sold Comerica company stock in the last year include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, and Mauricio A Ortiz.
View insider buying and selling activity for Comerica or view top insider-selling stocks.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., BlackRock Inc., Alliancebernstein L.P., GW&K Investment Management LLC, The Manufacturers Life Insurance Company , JPMorgan Chase & Co., Premier Fund Managers Ltd, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for Comerica or or view top insider-buying stocks.

Shares of CMA 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 $76.24.

Comerica has a market capitalization of $10.64 billion and generates $3.82 billion in revenue each year. The financial services provider earns $1.20 billion in net income (profit) each year or $7.81 on an earnings per share basis.

Comerica employs 7,429 workers across the globe.

Comerica was founded in 1849.

The official website for Comerica is www.comerica.com.

Comerica is headquartered at 1717 MAIN STREET MC6404, DALLAS TX, 75201.

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]