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 given a dividend of $0.67 per share on Monday, April 1st. This represents a $2.68 annualized dividend and a yield of 3.72%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from Comerica's previous quarterly dividend of $0.60. View Comerica's Dividend History.

Comerica declared that its Board of Directors has approved a stock repurchase plan on Tuesday, January 22nd 2019, which allows the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

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

24 analysts have issued twelve-month price objectives for Comerica's stock. Their forecasts range from $83.00 to $109.00. On average, they anticipate Comerica's share price to reach $94.1053 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View Analyst Price Targets for Comerica.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 2 sell ratings, 13 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

News stories about CMA stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Comerica earned a coverage optimism score of -2.5 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

Some companies that are related to Comerica include UBS Group (UBS), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), BANCO DO BRASIL/S (BDORY), Capital One Financial (COF), BB&T (BBT), Standard Chartered (SCBFF), SunTrust Banks (STI), Shinhan Financial Group (SHG), DANSKE BK A/S/S (DNKEY), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Zions Bancorporation NA (ZION) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Bank of America (BAC), Advanced Micro Devices (AMD), Intel (INTC), General Electric (GE), Citigroup (C), JPMorgan Chase & Co. (JPM) and Wells Fargo & Co (WFC).

Comerica's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 (1.40%) 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 FMR LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Megan D Burkhart, Paul R Obermeyer and Peter William Guilfoile. View Insider Buying and Selling for Comerica.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Two Sigma Advisers LP, Lord Abbett & CO. LLC, APG Asset Management N.V., American Century Companies Inc., MUFG Securities EMEA plc, MUFG Securities EMEA plc and Wedge Capital Management L L P NC. 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 $72.07.

Comerica has a market capitalization of $11.38 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 8,051 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]