Comerica Stock Forecast, Price & News

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 5 sell ratings, 9 hold ratings and 5 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.
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Wall Street analysts have given Comerica a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Comerica wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Comerica saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 2,350,000 shares, a decline of 23.2% from the February 28th total of 3,060,000 shares. Based on an average trading volume of 1,470,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.7% of the shares of the stock are sold short.
View Comerica's Short Interest.

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

Comerica Incorporated (NYSE:CMA) issued its quarterly earnings results on Monday, April, 19th. The financial services provider reported $2.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.37 by $1.06. Comerica had a trailing twelve-month return on equity of 7.12% and a net margin of 16.17%. During the same period last year, the company posted ($0.46) EPS.
View Comerica's earnings history.

Comerica's stock was trading at $38.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CMA stock has increased by 81.8% and is now trading at $69.15.
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Comerica announced a quarterly dividend on Tuesday, February 23rd. Shareholders of record on Monday, March 15th will be paid a dividend of $0.68 per share on Thursday, April 1st. This represents a $2.72 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Friday, March 12th.
View Comerica's dividend history.

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 4.04%. CMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 34.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 61.26% next year. This indicates that Comerica will be able to sustain or increase its dividend.
View Comerica's dividend history.

19 brokers have issued twelve-month price objectives for Comerica's shares. Their forecasts range from $26.00 to $82.00. On average, they expect Comerica's share price to reach $57.14 in the next year. This suggests that the stock has a possible downside of 17.4%.
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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 Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY), Standard Chartered (SCBFF), Regions Financial (RF), KeyCorp (KEY), Shinhan Financial Group (SHG), Danske Bank A/S (DNKEY), Huntington Bancshares (HBAN), BANCO DO BRASIL/S (BDORY), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Cullen/Frost Bankers (CFR), TCF Financial (TCF), Synovus Financial (SNV) and Pinnacle Financial Partners (PNFP).
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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 a number of institutional and retail investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.10%), Retirement Systems of Alabama (0.04%), Clarus Group Inc. (0.03%), Exchange Traded Concepts LLC (0.03%), Boston Trust Walden Corp (0.03%) and Enterprise Trust & Investment Co (0.02%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, Hardy Matthew, James Harry Weber, Jay K Oberg, Peter William Guilfoile and Reginald M Turner, Jr.
View institutional ownership trends for Comerica.

CMA stock was sold by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, CHURCHILL MANAGEMENT Corp, Retirement Systems of Alabama, Personal CFO Solutions LLC, Private Advisory Group LLC, State of Alaska Department of Revenue, Moody National Bank Trust Division, and Crossmark Global Holdings Inc.. Company insiders that have sold Comerica company stock in the last year include Cassandra M Mckinney, Christine M Moore, and Jay K Oberg.
View insider buying and selling activity for Comerica or view top insider-selling stocks.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Clarus Group Inc., Exchange Traded Concepts LLC, Cypress Capital Group, Everence Capital Management Inc., Hartford Investment Management Co., North Star Investment Management Corp., Liberty Capital Management Inc., and HighPoint Advisor Group LLC.
View insider buying and selling activity for Comerica or or view top insider-buying stocks.

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 $69.15.

Comerica has a market capitalization of $9.65 billion and generates $3.82 billion in revenue each year. The financial services provider earns $1.20 billion in net income (profit) each year or $7.81 on an earnings per share basis.

Comerica employs 7,429 workers across the globe.

Comerica was founded in 1849.

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

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

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]