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

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

Comerica announced a quarterly dividend on Tuesday, January 22nd. Stockholders 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 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Thursday, March 14th. This is an increase from Comerica's previous quarterly dividend of $0.60. View Comerica's Dividend History.

Comerica declared that its board has initiated a stock buyback program on Tuesday, January 22nd 2019, which authorizes the company to repurchase 15,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

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

Comerica will be holding an earnings conference call on Tuesday, April 16th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

25 analysts have issued 1-year target prices for Comerica's shares. Their predictions range from $83.00 to $114.00. On average, they expect Comerica's share price to reach $95.15 in the next year. This suggests a possible upside of 8.0% 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, 11 hold ratings, 11 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Comerica.

Media stories about CMA stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Comerica earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), General Electric (GE), Citigroup (C), Intel (INTC), Wells Fargo & Co (WFC) and JPMorgan Chase & Co. (JPM).

Comerica's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.34%), Millennium Management LLC (2.13%), Bank of New York Mellon Corp (1.80%), King Luther Capital Management Corp (1.77%), Geode Capital Management LLC (1.38%) and Northern Trust Corp (1.16%). Company insiders that own Comerica stock include Christine M Moore, Curtis C Farmer, David E Duprey, 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 MERIAN GLOBAL INVESTORS UK Ltd, Principal Financial Group Inc., Victory Capital Management Inc., Millennium Management LLC, Thrivent Financial for Lutherans, Picton Mahoney Asset Management, Mackenzie Financial Corp and SG Americas Securities LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, Megan D Burkhart, Michael T Ritchie, Muneera S Carr and Peter William Guilfoile. View Insider Buying and Selling for Comerica.

CMA stock was acquired by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Lord Abbett & CO. LLC, APG Asset Management N.V., MUFG Securities EMEA plc, Wedge Capital Management L L P NC, Amundi Pioneer Asset Management Inc., Acadian Asset Management LLC and Bank of New York Mellon Corp. 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 $88.08.

Comerica has a market capitalization of $14.00 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.

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]