NYSE:CMA - Comerica Stock Price, News, & Analysis

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$81.40 -0.56 (-0.68 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$81.40
Today's Range$80.65 - $81.7225
52-Week Range$77.88 - $102.66
Volume1.85 million shs
Average Volume2.06 million shs
Market Capitalization$13.16 billion
P/E Ratio17.21
Dividend Yield2.95%
Beta1.39
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other. The Business 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, and loan syndication. 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 normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
Current SymbolNYSE:CMA
Previous Symbol
CUSIP20034010
Phone214-462-6831

Debt

Debt-to-Equity Ratio0.82
Current Ratio1.03
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio17.21
Forward P/E Ratio11.32
P/E Growth0.57

Sales & Book Value

Annual Sales$3.29 billion
Price / Sales4.00
Cash Flow$5.6022 per share
Price / Cash14.53
Book Value$48.15 per share
Price / Book1.69

Profitability

EPS (Most Recent Fiscal Year)$4.73
Net Income$743 million
Net Margins29.54%
Return on Equity14.41%
Return on Assets1.60%

Miscellaneous

Employees8,190
Outstanding Shares161,700,000
Market Cap$13.16 billion
OptionableOptionable

Comerica (NYSE:CMA) Frequently Asked Questions

What is Comerica's stock symbol?

Comerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMA."

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

Comerica announced a quarterly dividend on Tuesday, November 6th. Stockholders of record on Friday, December 14th will be paid a dividend of $0.60 per share on Tuesday, January 1st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date is Thursday, December 13th. View Comerica's Dividend History.

How will Comerica's stock buyback program work?

Comerica announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, July 26th 2017, which permits the company to buyback 5,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) posted its earnings results on Tuesday, October, 16th. The financial services provider reported $1.86 EPS for the quarter, beating the Zacks' consensus estimate of $1.81 by $0.05. The financial services provider had revenue of $833 million for the quarter, compared to analyst estimates of $852.72 million. Comerica had a net margin of 29.54% and a return on equity of 14.41%. During the same quarter in the previous year, the business posted $1.26 earnings per share. View Comerica's Earnings History.

When is Comerica's next earnings date?

Comerica is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for Comerica.

How can I listen to Comerica's earnings call?

Comerica will be holding an earnings conference call on Wednesday, January 16th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8003092262.

What price target have analysts set for CMA?

25 brokerages have issued 1 year target prices for Comerica's shares. Their predictions range from $86.00 to $114.00. On average, they anticipate Comerica's stock price to reach $101.1818 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for Comerica.

What is the consensus analysts' recommendation for Comerica?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 1 sell rating, 10 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Comerica.

Has Comerica been receiving favorable news coverage?

Media stories about CMA stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Comerica earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Comerica's key competitors?

Who are Comerica's key executives?

Comerica's management team includes the folowing people:
  • Ralph W. Babb, Chairman & Chief Executive Officer
  • Curtis Chatman Farmer, President & Director
  • Muneera S. Carr, Chief Financial Officer & Executive Vice President
  • Peter W. Guilfoile, Chief Credit Officer & Executive Vice President
  • Michael H. Michalak, Chief Risk Officer & Executive Vice President

Who are Comerica's major shareholders?

Comerica's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.37%), Neuberger Berman Group LLC (2.62%), TIAA CREF Investment Management LLC (2.20%), King Luther Capital Management Corp (1.77%), Bank of New York Mellon Corp (1.69%) and The Manufacturers Life Insurance Company (1.50%). Company insiders that own Comerica stock include Christine M Moore, Curtis C Farmer, David E Duprey, De Ven Michael G Van, 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.

Which major investors are selling Comerica stock?

CMA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Point72 Asset Management L.P., Credit Suisse AG, Mitsubishi UFJ Trust & Banking Corp, Stieven Capital Advisors L.P., Canada Pension Plan Investment Board, First Trust Advisors LP and EJF Capital LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Curtis C Farmer, David E Duprey, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Peter William Guilfoile and Ralph W Babb, Jr. View Insider Buying and Selling for Comerica.

Which major investors are buying Comerica stock?

CMA stock was acquired by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, MERIAN GLOBAL INVESTORS UK Ltd, Bank of New York Mellon Corp, The Manufacturers Life Insurance Company , ClariVest Asset Management LLC, TIAA CREF Investment Management LLC, Janus Henderson Group PLC and Panagora Asset Management Inc.. View Insider Buying and Selling for Comerica.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $81.40.

How big of a company is Comerica?

Comerica has a market capitalization of $13.16 billion and generates $3.29 billion in revenue each year. The financial services provider earns $743 million in net income (profit) each year or $4.73 on an earnings per share basis. Comerica employs 8,190 workers across the globe.

What is Comerica's official website?

The official website for Comerica is http://www.comerica.com.

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]


MarketBeat Community Rating for Comerica (NYSE CMA)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  607 (Vote Outperform)
Underperform Votes:  1,037 (Vote Underperform)
Total Votes:  1,644
MarketBeat's community ratings are surveys of what our community members think about Comerica and other stocks. Vote "Outperform" if you believe CMA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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