NYSE:CMAComerica Stock Price, Forecast & News

Comerica's stock was trading at $38.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CMA stock has decreased by 7.3% and is now trading at $35.27. View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 6 sell ratings, 14 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Comerica.

Comerica is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Comerica.

Comerica will be holding an earnings conference call on Tuesday, 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.

Comerica Incorporated (NYSE:CMA) released its quarterly earnings data on Tuesday, April, 21st. The financial services provider reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.95 by $1.41. The financial services provider had revenue of $750 million for the quarter, compared to analysts' expectations of $752.26 million. Comerica had a net margin of 21.37% and a return on equity of 10.77%. During the same quarter in the previous year, the company earned $2.11 EPS. View Comerica's earnings history.

Comerica announced a quarterly dividend on Tuesday, April 28th. Stockholders of record on Monday, June 15th will be given a dividend of $0.68 per share on Wednesday, July 1st. This represents a $2.72 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend is Friday, June 12th. View Comerica's dividend history.

Comerica announced that its board has authorized a share buyback plan on Tuesday, January 22nd 2019, which allows the company to buyback 15,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

23 Wall Street analysts have issued twelve-month target prices for Comerica's stock. Their forecasts range from $26.00 to $72.50. On average, they expect Comerica's stock price to reach $48.61 in the next year. This suggests a possible upside of 37.8% from the stock's current price. View analysts' price targets for Comerica.

Media stories about CMA stock have been trending very negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Comerica earned a news impact score of -3.3 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Comerica.

Some companies that are related to Comerica include BANCO DO BRASIL/S (BDORY), Standard Chartered (SCBFF), Shinhan Financial Group (SHG), DANSKE BK A/S/S (DNKEY), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), Akbank T.A.S. (AKBTY), TCF Financial (TCF), BOK Financial (BOKF), Pinnacle Financial Partners (PNFP), First Horizon National (FHN) and Valley National Bancorp (VLY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), AT&T (T), Skyworks Solutions (SWKS), General Electric (GE), Applied Materials (AMAT), Honda Motor (HMC) and Mcdonald's (MCD).

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

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, Robinhood, Fidelity, and Charles Schwab.

One share of CMA stock can currently be purchased for approximately $35.27.

Comerica has a market capitalization of $4.90 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 7,948 workers across the globe.

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

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]