NYSE:CMA - Comerica Stock Price, Forecast & News

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

Comerica announced a quarterly dividend on Tuesday, November 5th. Stockholders of record on Friday, December 13th will be given a dividend of $0.67 per share on Wednesday, January 1st. This represents a $2.68 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Thursday, December 12th. View Comerica's Dividend History.

Comerica announced that its Board of Directors has initiated a share repurchase 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

Comerica Incorporated (NYSE:CMA) announced its earnings results on Wednesday, October, 16th. The financial services provider reported $1.96 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.90 by $0.06. The financial services provider had revenue of $842 million for the quarter, compared to analysts' expectations of $836.10 million. Comerica had a return on equity of 16.82% and a net margin of 32.11%. Comerica's revenue was up 1.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 EPS. View Comerica's Earnings History.

Comerica is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Comerica.

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

19 analysts have issued 1 year price targets for Comerica's stock. Their forecasts range from $65.00 to $84.00. On average, they expect Comerica's share price to reach $72.59 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Comerica.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 7 sell ratings and 12 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

Media coverage about CMA stock has trended positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Comerica earned a news impact score of 3.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Comerica.

Comerica saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 3,920,000 shares, an increase of 27.7% from the November 28th total of 3,070,000 shares. Based on an average daily volume of 1,410,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.8% of the company's shares are short sold. View Comerica's Current Options Chain.

Some companies that are related to Comerica include Mizuho Financial Group (MFG), BANCO DO BRASIL/S (BDORY), SunTrust Banks (STI), Standard Chartered (SCBFF), KeyCorp (KEY), Shinhan Financial Group (SHG), Regions Financial (RF), Huntington Bancshares (HBAN), DANSKE BK A/S/S (DNKEY), Zions Bancorporation NA (ZION), Akbank T.A.S. (AKBTY), TCF Financial (TCF), BOK Financial (BOKF), Cullen/Frost Bankers (CFR) and Synovus Financial (SNV).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include NVIDIA (NVDA), Alibaba Group (BABA), Bank of America (BAC), Skyworks Solutions (SWKS), General Electric (GE), Home Depot (HD), Albemarle (ALB), Honda Motor (HMC), JPMorgan Chase & Co. (JPM) and AT&T (T).

Comerica's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.32%), Boston Trust Walden Corp (0.22%), Hexavest Inc. (0.16%), State of Alaska Department of Revenue (0.04%), Johanson Financial Advisors Inc. (0.03%) and Nisa Investment Advisors LLC (0.03%). Company insiders that own Comerica stock include Christine M Moore, Curtis C Farmer, David E Duprey, Hardy Matthew, Megan D Burkhart, Michael T Ritchie, Muneera S Carr, Paul R Obermeyer, Peter William Guilfoile, Ralph W Babb, Jr 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 Cozad Asset Management Inc., Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Reilly Financial Advisors LLC, Zeke Capital Advisors LLC, Hexavest Inc. and Steward Partners Investment Advisory LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Megan D Burkhart, Paul R Obermeyer, Peter William Guilfoile and Reginald M Turner, Jr. View Insider Buying and Selling for Comerica.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Johanson Financial Advisors Inc., Wedge Capital Management L L P NC, DNB Asset Management AS, Alpine Global Management LLC, Assenagon Asset Management S.A., Cerebellum GP LLC and Enterprise Trust & Investment 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, Robinhood, Fidelity and Charles Schwab.

One share of CMA stock can currently be purchased for approximately $68.72.

Comerica has a market capitalization of $9.91 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.

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]