NYSE:CMA

Comerica Stock Forecast, Price & News

$71.85
-1.16 (-1.59 %)
(As of 06/16/2021 09:39 AM ET)
Add
Compare
Today's Range
$71.80
$72.13
50-Day Range
$67.30
$79.65
52-Week Range
$32.93
$79.86
Volume2,523 shs
Average Volume1.47 million shs
Market Capitalization$10.03 billion
P/E Ratio11.66
Dividend Yield3.77%
Beta1.62
30 days | 90 days | 365 days | Advanced Chart
Receive CMA News and Ratings via Email

Sign-up to receive the latest news and ratings for Comerica and its competitors with MarketBeat's FREE daily newsletter.


Comerica logo

About Comerica

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. It 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, and Canada. 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

2.13 out of 5 stars

Finance Sector

111th out of 1,977 stocks

National Commercial Banks Industry

11th out of 167 stocks

Analyst Opinion: 2.1Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Comerica (NYSE:CMA) Frequently Asked Questions

Is Comerica a buy right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 5 sell ratings, 6 hold ratings and 8 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.

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.

Are investors shorting Comerica?

Comerica saw a decrease in short interest in the month of May. As of May 28th, there was short interest totaling 3,760,000 shares, a decrease of 28.7% from the May 13th total of 5,270,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.7% of the company's stock are sold short.
View Comerica's Short Interest
.

When is Comerica's next earnings date?

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 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, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) announced its quarterly earnings results on Monday, April, 19th. The financial services provider reported $2.43 EPS for the quarter, beating the Zacks' 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 net margin of 29.86% and a trailing twelve-month return on equity of 11.74%. During the same quarter in the previous year, the business earned ($0.46) earnings per share.
View Comerica's earnings history
.

How has Comerica's stock price been impacted by COVID-19?

Comerica's stock was trading at $38.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMA shares have increased by 92.0% and is now trading at $73.01.
View which stocks have been most impacted by COVID-19
.

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

Comerica announced a quarterly dividend on Tuesday, April 27th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.68 per share on Thursday, July 1st. This represents a $2.72 annualized dividend and a yield of 3.73%. The ex-dividend date is Monday, June 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 3.77%. 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 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 51.32% 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 declared that its Board of Directors has approved a stock repurchase program on Tuesday, April 27th 2021, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for CMA?

19 brokerages have issued 1-year price objectives for Comerica's stock. Their forecasts range from $32.70 to $100.00. On average, they expect Comerica's share price to reach $70.76 in the next year. This suggests that the stock has a possible downside of 3.1%.
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:
  • Mr. Curtis Chatman Farmer, Exec. Chairman, CEO & Pres (Age 58, Pay $1.67M)
  • Mr. James J. Herzog, CFO & Exec. VP (Age 59, Pay $772.15k)
  • Ms. Megan D. Crespi, Exec. VP and Chief Enterprise Technology & Operations Services Officer (Age 47, Pay $657.38k)
  • Mr. John D. Buchanan, Exec. VP of Legal & Regulatory Affairs and Corp. Sec. (Age 57, Pay $944.17k)
  • Mr. James McGregor Carr, Exec. VP & Exec. Director of Wealth Management (Age 53, Pay $1.47M)
  • Mr. Edward T. Gwilt, SVP of Asset Quality Review, Chief Loan Review Officer of Comerica's Bank and Member of Mgmt Council
  • Mr. Mauricio A. Ortiz, Sr. VP & Chief Accounting Officer (Age 42)
  • Ms. Darlene P. Persons, Director of Investor Relations
  • Ms. Megan D. Burkhart, Exec. VP & Chief HR Officer (Age 49)
  • Michele Lafonte Jones, Sr. VP and Alternate Group Mang. - Energy Fin. Group

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 shareholders include BlackRock Inc. (8.92%), Bank of New York Mellon Corp (2.73%), King Luther Capital Management Corp (1.89%), Geode Capital Management LLC (1.78%), Alliancebernstein L.P. (1.69%) and Factorial Partners LLC (1.50%). 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 D. E. Shaw & Co. Inc., Bank of Nova Scotia, Brandywine Global Investment Management LLC, Jupiter Asset Management Ltd., Neuberger Berman Group LLC, Ergoteles LLC, Man Group plc, and Dimensional Fund Advisors LP. 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 Factorial Partners LLC, Victory Capital Management Inc., BlackRock Inc., Carlson Capital L P, FIL Ltd, Alliancebernstein L.P., Thrivent Financial for Lutherans, and GW&K Investment Management 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 $73.01.

How much money does Comerica make?

Comerica has a market capitalization of $10.19 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 6/16/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.