Comerica Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 2 sell ratings, 6 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Comerica stock.
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20 brokers have issued 1-year price objectives for Comerica's shares. Their CMA stock forecasts range from $73.00 to $115.00. On average, they anticipate Comerica's share price to reach $99.10 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price.
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Comerica's stock was trading at $87.00 at the beginning of 2022. Since then, CMA stock has decreased by 11.9% and is now trading at $76.69.
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Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
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Comerica will be holding an earnings conference call on Wednesday, July 20th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Comerica Incorporated (NYSE:CMA) announced its quarterly earnings results on Wednesday, April, 20th. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by $0.01. The financial services provider earned $700 million during the quarter, compared to analysts' expectations of $725.36 million. Comerica had a net margin of 33.48% and a trailing twelve-month return on equity of 13.85%. During the same period in the previous year, the firm posted $2.43 EPS.
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Comerica announced a quarterly dividend on Tuesday, April 26th. Investors of record on Wednesday, June 15th will be given a dividend of $0.68 per share on Friday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Tuesday, June 14th.
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Comerica(NYSE:CMA) pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.58%. The dividend payout ratio of Comerica is 37.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 28.39% next year. This indicates that Comerica will be able to sustain or increase its dividend.
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Comerica announced that its Board of Directors has initiated a share repurchase plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

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 Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), Standard Chartered (SCBFF), UniCredit (UNCRY), Regions Financial (RF), BANCO DO BRASIL/S (BDORY), Huntington Bancshares (HBAN), Svenska Handelsbanken AB (publ) (SVNLY), KeyCorp (KEY), Shinhan Financial Group (SHG), Danske Bank A/S (DNKEY), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Webster Financial (WBS) and Cullen/Frost Bankers (CFR).
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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 many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.14%), BlackRock Inc. (8.90%), State Street Corp (5.92%), Bank of New York Mellon Corp (3.64%), Invesco Ltd. (3.22%) and King Luther Capital Management Corp (2.21%). Company insiders that own Comerica 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 William Guilfoile, Reginald M Turner, Jr, Wendy Bridges and Ximena G Humrichouse.
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CMA stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Invesco Ltd., Teachers Retirement System of The State of Kentucky, Allianz Asset Management GmbH, Bank of Nova Scotia, Prospector Partners LLC, and Northern Trust Corp. Company insiders that have sold Comerica company stock in the last two years include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Melinda A Chausse, Wendy Bridges, and Ximena G Humrichouse.
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CMA stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Scout Investments Inc., American Century Companies Inc., Vanguard Group Inc., Bank of Montreal Can, 140 Summer Partners LP, Victory Capital Management Inc., and Pelham Capital Ltd..
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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 $76.69.

Comerica (NYSE:CMA) has a market capitalization of $10.03 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 $7.25 on an earnings per share basis.

Comerica employs 7,611 workers across the globe.

Comerica was founded in 1849.

Comerica's mailing address is 1717 MAIN STREET MC6404, DALLAS TX, 75201. The official website for Comerica is www.comerica.com. The financial services provider can be reached via phone at (214) 462-6831, via email at [email protected], or via fax at 302-424-4866.