S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:CMA

Comerica Stock Forecast, Price & News

$85.26
-5.25 (-5.80%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$83.54
$86.34
50-Day Range
$71.32
$90.57
52-Week Range
$49.01
$91.62
Volume
912,600 shs
Average Volume
1.36 million shs
Market Capitalization
$11.18 billion
P/E Ratio
10.47
Dividend Yield
3.19%
Beta
1.51
30 days | 90 days | 365 days | Advanced Chart
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Comerica logo

About Comerica

Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Commercial Bank, Retail Bank, Wealth Management, Finance and Other. The Commercial 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 services, and loan syndication services. 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 n

Headlines

Comerica (NYSE:CMA) Hits New 52-Week High at $90.70
November 23, 2021 |  americanbankingnews.com
KRE, SI, RF, CMA: ETF Outflow Alert - Nasdaq
November 22, 2021 |  nasdaq.com
Comerica (NYSE:CMA) Hits New 12-Month High at $90.04
November 15, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
CUSIP
20034010
Employees
7,870
Year Founded
1849

Sales & Book Value

Annual Sales
$3.09 billion
Cash Flow
$4.04 per share
Book Value
$56.49 per share

Profitability

Net Income
$474 million
Pretax Margin
48.33%

Debt

Price-To-Earnings

Miscellaneous

Free Float
130,270,000
Market Cap
$11.18 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
10/01/2021
Last Earnings
10/19/2021
Today
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/18/2022

Social Links


MarketRank

Overall MarketRank

2.67 out of 5 stars

Finance Sector

166th out of 1,340 stocks

National Commercial Banks Industry

13th out of 108 stocks

Analyst Opinion: 2.1Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Comerica (NYSE:CMA) Frequently Asked Questions

Is Comerica a buy right now?

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 4 sell ratings, 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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.
View analyst ratings for Comerica
or view top-rated stocks.

How has Comerica's stock been impacted by Coronavirus (COVID-19)?

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 shares have increased by 124.2% and is now trading at $85.26.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Comerica?

Comerica saw a drop in short interest in the month of October. As of October 29th, there was short interest totaling 2,780,000 shares, a drop of 24.5% from the October 14th total of 3,680,000 shares. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is presently 2.2 days. Currently, 2.1% of the shares of the company are sold short.
View Comerica's Short Interest
.

When is Comerica's next earnings date?

Comerica is scheduled to release its next quarterly earnings announcement on Tuesday, January 18th 2022.
View our earnings forecast for Comerica
.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) issued its quarterly earnings results on Tuesday, October, 19th. The financial services provider reported $1.90 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.64 by $0.26. The financial services provider had revenue of $755 million for the quarter, compared to analyst estimates of $733.42 million. Comerica had a net margin of 38.31% and a trailing twelve-month return on equity of 15.22%. During the same period in the prior year, the firm earned $1.44 EPS.
View Comerica's earnings history
.

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

Comerica announced a quarterly dividend on Tuesday, November 2nd. Stockholders of record on Wednesday, December 15th will be given a dividend of $0.68 per share on Saturday, January 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.19%.
View Comerica's dividend history
.

Is Comerica a good dividend stock?

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.19%. The dividend payout ratio of Comerica is 33.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 48.57% next year. This indicates that Comerica will be able to sustain or increase its dividend.
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 plan on Tuesday, April 27th 2021, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to buy 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.

What price target have analysts set for CMA?

18 Wall Street analysts have issued 1-year price objectives for Comerica's stock. Their forecasts range from $60.00 to $101.00. On average, they expect Comerica's share price to reach $84.65 in the next year. This suggests that the stock has a possible downside of 0.7%.
View analysts' price targets for Comerica
or view top-rated stocks among Wall Street analysts.

Who are Comerica's key executives?

Comerica's management team includes the following people:
  • Curtis Chatman Farmer, Chairman, President & Chief Executive Officer
  • Megan D. Crespi, Chief Technology & Operations Services Officer
  • James J. Herzog, Chief Financial Officer & Executive Vice President
  • Peter W. Guilfoile, Executive Vice President
  • Melinda A. Chausse, Chief Credit Officer & Executive Vice President

What is Curtis C Farmer's approval rating as Comerica's CEO?

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.

What other stocks do shareholders of Comerica own?

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).

What is Comerica's stock symbol?

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

Who are Comerica's major shareholders?

Comerica's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.32%), Invesco Ltd. (4.76%), King Luther Capital Management Corp (2.10%), Geode Capital Management LLC (1.93%), Neuberger Berman Group LLC (1.71%) and Dimensional Fund Advisors LP (1.50%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, John D Buchanan, Mauricio A Ortiz and Ximena G Humrichouse.
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 Invesco Ltd., Brandywine Global Investment Management LLC, Alliancebernstein L.P., Royal Bank of Canada, Balyasny Asset Management LLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, and Morgan Stanley. Company insiders that have sold Comerica company stock in the last year include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, and Ximena G Humrichouse.
View insider buying and selling activity for Comerica
or view top insider-selling stocks.

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., Natixis, GW Henssler & Associates Ltd., Panagora Asset Management Inc., Schonfeld Strategic Advisors LLC, Atalanta Sosnoff Capital LLC, Allianz Asset Management GmbH, and Neuberger Berman Group LLC.
View insider buying and selling activity for Comerica
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $85.26.

How much money does Comerica make?

Comerica has a market capitalization of $11.18 billion and generates $3.09 billion in revenue each year. The financial services provider earns $474 million in net income (profit) each year or $8.14 on an earnings per share basis.

How many employees does Comerica have?

Comerica employs 7,870 workers across the globe.

When was Comerica founded?

Comerica was founded in 1849.

What is Comerica's official website?

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

Where are Comerica's headquarters?

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

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, via email at [email protected], or via fax at 302-424-4866.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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