Comerica Stock Forecast, Price & News

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 5 sell ratings, 6 hold ratings and 8 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.

Wall Street analysts have given Comerica a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Comerica wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Comerica saw a decrease in short interest in the month of May. As of May 28th, there was short interest totaling 3,760,000 shares, a decrease of 28.7% from the May 13th total of 5,270,000 shares. Based on an average daily trading volume, of 1,510,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.7% of the company's stock are sold short.
View Comerica's Short Interest.

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 2021.
View our earnings forecast for Comerica.

Comerica will be holding an earnings conference call on Wednesday, 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) announced its quarterly earnings results on Monday, April, 19th. The financial services provider reported $2.43 EPS for the quarter, beating the Zacks' consensus estimate of $1.37 by $1.06. The financial services provider earned $713 million during the quarter, compared to analyst estimates of $722.96 million. Comerica had a net margin of 29.86% and a trailing twelve-month return on equity of 11.74%. During the same quarter in the previous year, the business earned ($0.46) earnings per share.
View Comerica's earnings history.

Comerica's stock was trading at $38.03 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMA shares have increased by 92.0% and is now trading at $73.01.
View which stocks have been most impacted by COVID-19.

Comerica announced a quarterly dividend on Tuesday, April 27th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.68 per share on Thursday, July 1st. This represents a $2.72 annualized dividend and a yield of 3.73%. The ex-dividend date is Monday, June 14th.
View Comerica's dividend history.

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.77%. Comerica has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Comerica is 83.18%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Comerica will have a dividend payout ratio of 51.32% next year. This indicates that Comerica will be able to sustain or increase its dividend.
View Comerica's dividend history.

Comerica declared that its Board of Directors has approved a stock repurchase program on Tuesday, April 27th 2021, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

19 brokerages have issued 1-year price objectives for Comerica's stock. Their forecasts range from $32.70 to $100.00. On average, they expect Comerica's share price to reach $70.76 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts' price targets for Comerica or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Comerica include Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY), Standard Chartered (SCBFF), KeyCorp (KEY), Regions Financial (RF), BANCO DO BRASIL/S (BDORY), Shinhan Financial Group (SHG), Danske Bank A/S (DNKEY), Huntington Bancshares (HBAN), First Horizon (FHN), Zions Bancorporation, National Association (ZION), Cullen/Frost Bankers (CFR), Synovus Financial (SNV), TCF Financial (TCF) and Pinnacle Financial Partners (PNFP).
View all of CMA's competitors.

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).

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

Comerica's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.92%), Bank of New York Mellon Corp (2.73%), King Luther Capital Management Corp (1.89%), Geode Capital Management LLC (1.78%), Alliancebernstein L.P. (1.69%) and Factorial Partners LLC (1.50%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, Hardy Matthew, James Harry Weber, Jay K Oberg, Mauricio A Ortiz, Peter William Guilfoile and Reginald M Turner, Jr.
View institutional ownership trends for Comerica.

CMA stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Bank of Nova Scotia, Brandywine Global Investment Management LLC, Jupiter Asset Management Ltd., Neuberger Berman Group LLC, Ergoteles LLC, Man Group plc, and Dimensional Fund Advisors LP. 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, and Mauricio A Ortiz.
View insider buying and selling activity for Comerica or view top insider-selling stocks.

CMA stock was bought by a variety of institutional investors in the last quarter, including Factorial Partners LLC, Victory Capital Management Inc., BlackRock Inc., Carlson Capital L P, FIL Ltd, Alliancebernstein L.P., Thrivent Financial for Lutherans, and GW&K Investment Management LLC.
View insider buying and selling activity for Comerica or or view top insider-buying stocks.

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.

One share of CMA stock can currently be purchased for approximately $73.01.

Comerica has a market capitalization of $10.19 billion and generates $3.09 billion in revenue each year. The financial services provider earns $474 million in net income (profit) each year or $3.27 on an earnings per share basis.

Comerica employs 7,870 workers across the globe.

Comerica was founded in 1849.

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

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

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]