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

$70.21
+0.81 (+1.17 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$68.37
Now: $70.21
$70.44
50-Day Range
$68.82
MA: $73.61
$78.79
52-Week Range
$63.69
Now: $70.21
$100.64
Volume1.35 million shs
Average Volume1.46 million shs
Market Capitalization$10.82 billion
P/E Ratio9.70
Dividend Yield3.86%
Beta1.47
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management. The Business 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 middle market businesses, multinational corporations, and governmental entities. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP20034010
Phone214-462-6831

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.60 billion
Cash Flow$8.5414 per share
Book Value$46.43 per share

Profitability

Net Income$1.24 billion

Miscellaneous

Employees8,051
Market Cap$10.82 billion
Next Earnings Date7/16/2019 (Estimated)
OptionableOptionable

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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 23rd. Shareholders of record on Friday, June 14th will be paid a dividend of $0.67 per share on Monday, July 1st. This represents a $2.68 annualized dividend and a dividend yield of 3.82%. The ex-dividend date is Thursday, June 13th. View Comerica's Dividend History.

How will Comerica's stock buyback program work?

Comerica declared that its Board of Directors has approved a stock buyback program on Tuesday, January 22nd 2019, which authorizes the company to repurchase 15,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) posted its quarterly earnings data on Tuesday, April, 16th. The financial services provider reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.93 by $0.15. The financial services provider earned $852 million during the quarter, compared to the consensus estimate of $852.88 million. Comerica had a return on equity of 16.95% and a net margin of 34.75%. The business's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.59 EPS. 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 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, July 17th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CMA?

24 equities research analysts have issued twelve-month target prices for Comerica's stock. Their forecasts range from $79.00 to $109.00. On average, they anticipate Comerica's share price to reach $90.75 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price. View Analyst Price Targets for Comerica.

What is the consensus analysts' recommendation for Comerica?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 2 sell ratings, 14 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

Has Comerica been receiving favorable news coverage?

News stories about CMA stock have trended somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring 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 closest to five being the most favorable. Comerica earned a news impact score of -1.0 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Comerica.

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 Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE), Skyworks Solutions (SWKS), Honda Motor (HMC), Home Depot (HD), Applied Materials (AMAT), Intel (INTC) and Albemarle (ALB).

Who are Comerica's key executives?

Comerica's management team includes the folowing people:
  • Mr. Ralph W. Babb Jr., Exec. Chairman (Age 70)
  • Mr. Curtis Chatman Farmer, CEO, Pres & Director (Age 56)
  • Ms. Muneera S. Carr, Exec. VP & CFO (Age 50)
  • Mr. John D. Buchanan, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 55)
  • Mr. Edward T. Gwilt, SVP of Asset Quality Review, Chief Loan Review Officer of Comerica's Bank and Member of Mgmt Council

Who are Comerica's major shareholders?

Comerica's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.44%), Goldman Sachs Group Inc. (2.50%), American Century Companies Inc. (2.32%), JPMorgan Chase & Co. (2.27%), King Luther Capital Management Corp (1.86%) and Geode Capital Management LLC (1.49%). Company insiders that own Comerica stock 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 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 Janus Henderson Group PLC, Renaissance Technologies LLC, MERIAN GLOBAL INVESTORS UK Ltd, BlackRock Inc., Lazard Asset Management LLC, JPMorgan Chase & Co., The Manufacturers Life Insurance Company and Clark Capital Management Group Inc.. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Megan D Burkhart, Paul R Obermeyer and Peter William Guilfoile. 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 American Century Companies Inc., AJO LP, Wellington Management Group LLP, Charles Schwab Investment Management Inc., Skandinaviska Enskilda Banken AB publ , Goldman Sachs Group Inc., Man Group plc and Rockefeller Capital Management L.P.. 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 $70.21.

How big of a company is Comerica?

Comerica has a market capitalization of $10.82 billion and generates $3.60 billion in revenue each year. The financial services provider earns $1.24 billion in net income (profit) each year or $7.24 on an earnings per share basis. Comerica employs 8,051 workers across the globe.View Additional Information About Comerica.

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:  1.9 out of 5 (star)
Outperform Votes:  673 (Vote Outperform)
Underperform Votes:  1,108 (Vote Underperform)
Total Votes:  1,781
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 6/15/2019 by MarketBeat.com Staff

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