NYSE:CMA

Comerica Stock Forecast, Price & News

$71.93
-2.14 (-2.89 %)
(As of 09/20/2021 04:00 PM ET)
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Today's Range
$70.39
$72.06
50-Day Range
$63.53
$75.63
52-Week Range
$35.76
$79.86
Volume84,088 shs
Average Volume1.44 million shs
Market Capitalization$9.63 billion
P/E Ratio9.37
Dividend Yield3.67%
Beta1.59
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Comerica logo

About Comerica

Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Commercial Bank, Retail Bank, Wealth Management, Finance and Other. The Commercial Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as 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. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation's securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the n

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MarketRank

Overall MarketRank

2.51 out of 5 stars

Finance Sector

216th out of 1,332 stocks

National Commercial Banks Industry

24th out of 109 stocks

Analyst Opinion: 2.2Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Comerica (NYSE:CMA) Frequently Asked Questions

Is Comerica a buy right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 3 sell ratings, 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities 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.

What stocks does MarketBeat like better than Comerica?

Wall Street analysts have given Comerica a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Comerica wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Comerica's next earnings date?

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Comerica
.

How can I listen to Comerica's earnings call?

Comerica will be holding an earnings conference call on Wednesday, October 20th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) released its quarterly earnings results on Tuesday, July, 20th. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.61 by $0.71. The financial services provider earned $749 million during the quarter, compared to analysts' expectations of $723.09 million. Comerica had a net margin of 37.02% and a trailing twelve-month return on equity of 14.51%. During the same quarter in the prior year, the company earned $0.80 EPS.
View Comerica's earnings history
.

How has Comerica's stock been impacted by COVID-19 (Coronavirus)?

Comerica's stock was trading at $38.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CMA shares have increased by 89.1% and is now trading at $71.93.
View which stocks have been most impacted by COVID-19
.

How often does Comerica pay dividends? What is the dividend yield for Comerica?

Comerica declared a quarterly dividend on Tuesday, July 27th. Investors of record on Wednesday, September 15th will be given a dividend of $0.68 per share on Friday, October 1st. This represents a $2.72 annualized dividend and a yield of 3.78%. The ex-dividend date is Tuesday, September 14th.
View Comerica's dividend history
.

Is Comerica a good dividend stock?

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.67%. The dividend payout ratio of Comerica is 83.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Comerica will have a dividend payout ratio of 49.54% next year. This indicates that Comerica will be able to sustain or increase its dividend.
View Comerica's dividend history.

How will Comerica's stock buyback program work?

Comerica announced that its board has authorized a share repurchase program on Tuesday, April 27th 2021, which permits the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

What price target have analysts set for CMA?

16 Wall Street analysts have issued 1-year price targets for Comerica's stock. Their forecasts range from $60.00 to $90.00. On average, they expect Comerica's stock price to reach $73.70 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price.
View analysts' price targets for Comerica
or view top-rated stocks among Wall Street analysts.

Who are Comerica's key executives?

Comerica's management team includes the following people:
  • Curtis Chatman Farmer, Chairman, President & Chief Executive Officer
  • Megan D. Crespi, Chief Technology & Operations Services Officer
  • James J. Herzog, Chief Financial Officer & Executive Vice President
  • Peter W. Guilfoile, Executive Vice President
  • Melinda A. Chausse, Chief Credit Officer & Executive Vice President

What is Curtis C Farmer's approval rating as Comerica's CEO?

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.

Who are some of Comerica's key competitors?

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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.58%), BlackRock Inc. (9.22%), State Street Corp (6.01%), Invesco Ltd. (5.20%), FMR LLC (3.94%) and King Luther Capital Management Corp (1.99%). 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
.

Which institutional investors are selling Comerica stock?

CMA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Panagora Asset Management Inc., MSD Partners L.P., Basswood Capital Management L.L.C., Carlson Capital L P, Allianz Asset Management GmbH, and The Manufacturers Life Insurance Company . 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.

Which institutional investors are buying Comerica stock?

CMA stock was bought by a variety of institutional investors in the last quarter, including Amundi, Invesco Ltd., Royal Bank of Canada, Vanguard Group Inc., Victory Capital Management Inc., Morgan Stanley, Morgan Stanley, and Neuberger Berman Group LLC.
View insider buying and selling activity for Comerica
or or view top insider-buying stocks.

How do I buy shares of Comerica?

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.
Compare Top Brokerages Here.

What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $71.93.

How much money does Comerica make?

Comerica has a market capitalization of $9.63 billion and generates $3.09 billion in revenue each year. The financial services provider earns $474 million in net income (profit) each year or $3.27 on an earnings per share basis.

How many employees does Comerica have?

Comerica employs 7,870 workers across the globe.

When was Comerica founded?

Comerica was founded in 1849.

What is Comerica's official website?

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

Where are Comerica's headquarters?

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

How can I contact Comerica?

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].


This page was last updated on 9/20/2021 by MarketBeat.com Staff
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