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

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

Comerica declared a quarterly dividend on Tuesday, January 22nd. Shareholders of record on Friday, March 15th will be paid a dividend of $0.67 per share on Monday, April 1st. This represents a $2.68 dividend on an annualized basis and a yield of 3.30%. The ex-dividend date is Thursday, March 14th. This is a positive change from Comerica's previous quarterly dividend of $0.60. View Comerica's Dividend History.

Comerica announced that its Board of Directors has approved a stock repurchase program on Wednesday, July 26th 2017, which permits the company to repurchase 5,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Comerica Incorporated (NYSE:CMA) issued its earnings results on Wednesday, January, 16th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.08. The financial services provider had revenue of $864 million for the quarter, compared to analyst estimates of $863.43 million. Comerica had a net margin of 34.24% and a return on equity of 15.84%. The firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.28 earnings per share. View Comerica's Earnings History.

Comerica is scheduled to release their next quarterly earnings announcement on Tuesday, April 16th 2019. View Earnings Estimates for Comerica.

25 brokerages have issued 12-month price objectives for Comerica's stock. Their predictions range from $83.00 to $114.00. On average, they anticipate Comerica's stock price to reach $95.15 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets 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, 10 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

News coverage about CMA stock has trended negative on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Comerica earned a news impact score of -2.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days.

Some companies that are related to Comerica include UBS Group (UBS), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Mizuho Financial Group (MFG), Capital One Financial (COF), BB&T (BBT), Intesa Sanpaolo (ISNPY), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), DANSKE BK A/S/S (DNKEY), KeyCorp (KEY), Shinhan Financial Group (SHG), Regions Financial (RF) and Huntington Bancshares (HBAN).

Comerica's stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.45%), Siena Capital Partners GP LLC (0.06%), Assenagon Asset Management S.A. (0.06%), DNB Asset Management AS (0.05%), Retirement Systems of Alabama (0.05%) and Nisa Investment Advisors LLC (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.

CMA stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Bank of Montreal Can, DNB Asset Management AS, Cobiz Wealth LLC, Gulf International Bank UK Ltd, Strs Ohio, West Oak Capital LLC and Private Trust Co. NA. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Curtis C Farmer, David E Duprey, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Peter William Guilfoile and Ralph W Babb, Jr. View Insider Buying and Selling for Comerica.

CMA stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Siena Capital Partners GP LLC, TrimTabs Asset Management LLC, Virtu Financial LLC, Nisa Investment Advisors LLC, Steward Partners Investment Advisory LLC, Bowling Portfolio Management LLC and First Citizens Bank & Trust Co.. View Insider Buying and Selling for 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.

One share of CMA stock can currently be purchased for approximately $81.13.

Comerica has a market capitalization of $13.12 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 8,190 workers across the globe.

The official website for Comerica is http://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]