NYSE:CMA - Comerica Stock Price, Price Target & More

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$89.46 -1.03 (-1.14 %)
(As of 07/16/2018 02:57 AM ET)
Previous Close$89.46
Today's Range$88.63 - $90.00
52-Week Range$64.04 - $102.66
Volume2.22 million shs
Average Volume1.71 million shs
Market Capitalization$15.38 billion
P/E Ratio18.91
Dividend Yield1.52%
Comerica logoComerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through three segments: Business Bank, the Retail Bank, and Wealth Management. The Business Bank segment offers 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 services to middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides small business banking and personal financial services, including consumer lending, consumer deposit gathering, and mortgage loan origination. This segment also offers a range of consumer products comprising deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services consisting of fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company operates in Texas, California, and Michigan, as well as in Arizona and Florida, Canada, and Mexico. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryDiversified Banks


Debt-to-Equity Ratio0.70
Current Ratio1.02
Quick Ratio1.02


Trailing P/E Ratio18.91
Forward P/E Ratio13.00
P/E Growth0.71

Sales & Book Value

Annual Sales$3.29 billion
Price / Sales4.68
Cash Flow$5.6018 per share
Price / Cash15.97
Book Value$46.03 per share
Price / Book1.94


EPS (Most Recent Fiscal Year)$4.73
Net Income$743 million
Net Margins24.37%
Return on Equity12.05%
Return on Assets1.29%


Outstanding Shares171,930,000
Market Cap$15,381.13

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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, April 24th. Stockholders of record on Friday, June 15th will be paid a dividend of $0.34 per share on Sunday, July 1st. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date is Thursday, June 14th. This is a positive change from Comerica's previous quarterly dividend of $0.30. View Comerica's Dividend History.

How will Comerica's stock buyback program work?

Comerica announced that its board has authorized a stock repurchase program on Wednesday, July 26th 2017, which authorizes the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) released its quarterly earnings results on Tuesday, April, 17th. The financial services provider reported $1.54 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by $0.02. The financial services provider earned $793 million during the quarter, compared to analyst estimates of $811.59 million. Comerica had a return on equity of 12.05% and a net margin of 24.37%. During the same quarter in the previous year, the company earned $1.11 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 Tuesday, July, 17th 2018. View Earnings Estimates for Comerica.

What price target have analysts set for CMA?

25 brokerages have issued 12-month price targets for Comerica's shares. Their forecasts range from $69.00 to $117.00. On average, they expect Comerica's share price to reach $97.14 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Ratings 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 2 sell ratings, 9 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Comerica stock?

Here are some recent quotes from research analysts about Comerica stock:
  • 1. According to Zacks Investment Research, "Shares of Comerica have outperformed the industry over the past six months. This is backed by the company's impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in each of the trailing four quarters. Comerica’s future prospects look promising as it improvised the financial targets for revenues and efficiency initiatives. It expects to deliver annual pre-tax income of about $270 million by the year-end 2018 through GEAR Up initiatives. Also, its steady capital deployment activities continue to enhance investors’ confidence. Though, escalating expenses and substantial exposure to commercial loans remain major concerns, lower tax rates and rising interest rates are likely to support Comerica's top line. Recently, following the Fed interest rate hike, the company has increased its lending rate to 5%." (6/27/2018)
  • 2. Vining Sparks analysts commented, "We believe that over the next 12 to 18 months that CMA should be able to improve its profitability by approximately 3 full percentage points, as the Fed continues to normalize short-term interest rates, deployment of capital increases, and tax reform is realized. Therefore, we believe that CMA should generate total shareholder return of 8%, as mid- single digit TBV growth is coupled with a modest expansion of its P/TBV to 225% and is topped off with a 1.3% dividend yield. However, we would highlight that CMA has a meaningful amount of excess capital that could create additional upside potential if it begins to be deployed at an accelerated pace." (1/16/2018)

Who are some of Comerica's key competitors?

Who are Comerica's key executives?

Comerica's management team includes the folowing people:
  • Mr. Ralph W. Babb Jr., Chairman & CEO (Age 69)
  • Mr. Curtis Chatman Farmer, Pres (Age 55)
  • Mr. John D. Buchanan, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 54)
  • Mr. Michael H. Michalak, Exec. VP & Chief Risk Officer (Age 60)
  • Ms. Muneera S. Carr, Exec. VP & CFO (Age 49)

Has Comerica been receiving favorable news coverage?

Media coverage about CMA stock has been trending positive recently, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Comerica earned a media sentiment score of 0.33 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.26 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Comerica's major shareholders?

Comerica's stock is owned by a variety of of institutional and retail investors. Top institutional investors include DnB Asset Management AS (0.08%), Cobiz Wealth LLC (0.03%), Gateway Investment Advisers LLC (0.03%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), State of Alaska Department of Revenue (0.03%) and Clinton Group Inc. (0.03%). 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 Fjarde AP Fonden Fourth Swedish National Pension Fund, Catawba Capital Management VA and Gateway Investment Advisers LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Curtis C Farmer, David E Duprey, Judith S Love, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Paul R Obermeyer, 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 purchased by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Clinton Group Inc., Campbell & CO Investment Adviser LLC, Cobiz Wealth LLC, State of Alaska Department of Revenue, New England Research & Management Inc., IFM Investors Pty Ltd and Raymond James Trust N.A.. 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 $89.46.

How big of a company is Comerica?

Comerica has a market capitalization of $15.38 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.

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:  1.7 out of 5 (star)
Outperform Votes:  489 (Vote Outperform)
Underperform Votes:  991 (Vote Underperform)
Total Votes:  1,480
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 7/16/2018 by MarketBeat.com Staff

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