NYSE:CMAComerica Stock Price, Forecast & News

Comerica's stock was trading at $38.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CMA shares have increased by 5.2% and is now trading at $40.02.
View which stocks have been most impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 7 sell ratings, 12 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Comerica.

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020.
View our earnings forecast for Comerica.

Comerica Incorporated (NYSE:CMA) announced its quarterly earnings data on Tuesday, July, 21st. The financial services provider reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.59. The financial services provider earned $718 million during the quarter, compared to analyst estimates of $700.17 million. Comerica had a net margin of 17.42% and a return on equity of 8.22%. The company's revenue was down 15.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.94 EPS.
View Comerica's earnings history.

Comerica announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.68 per share on Thursday, October 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 6.80%. The ex-dividend date of this dividend is Monday, September 14th.
View Comerica's dividend history.

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

23 analysts have issued twelve-month price targets for Comerica's shares. Their forecasts range from $26.00 to $72.50. On average, they expect Comerica's share price to reach $45.31 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
View analysts' price targets for Comerica.

Headlines about CMA stock have trended very positive on Saturday, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Comerica earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
View the latest news about Comerica.

Some companies that are related to Comerica include BANCO DO BRASIL/S (BDORY), Standard Chartered (SCBFF), DANSKE BK A/S/S (DNKEY), Shinhan Financial Group (SHG), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Zions Bancorporation NA (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), TCF Financial (TCF), Akbank T.A.S. (AKBTY), Valley National Bancorp (VLY), Pinnacle Financial Partners (PNFP) and Synovus Financial (SNV).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include NVIDIA (NVDA), Bank of America (BAC), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), AT&T (T), Skyworks Solutions (SWKS), General Electric (GE), Applied Materials (AMAT), Honda Motor (HMC) and Mcdonald's (MCD).

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

Comerica's stock is owned by many different institutional and retail investors. Top institutional investors include First Trust Advisors LP (0.73%), Sumitomo Mitsui Trust Holdings Inc. (0.44%), Victory Capital Management Inc. (0.33%), Russell Investments Group Ltd. (0.30%), Robeco Institutional Asset Management B.V. (0.29%) and Todd Asset Management LLC (0.27%). Company insiders that own Comerica stock include Christine M Moore, Hardy Matthew, James Harry Weber, Megan D Burkhart, Paul R Obermeyer, 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 Boston Trust Walden Corp, Sumitomo Mitsui Trust Holdings Inc., Hancock Whitney Corp, Cresset Asset Management LLC, Pillar Pacific Capital Management LLC, Candriam Luxembourg S.C.A., Trexquant Investment LP, and Mackay Shields LLC. Company insiders that have sold Comerica company stock in the last year include James Harry Weber, Peter William Guilfoile, and Reginald M Turner, Jr.
View insider buying and selling activity for Comerica.

CMA stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Victory Capital Management Inc., Todd Asset Management LLC, Robeco Institutional Asset Management B.V., Rafferty Asset Management LLC, UBS Group AG, Assenagon Asset Management S.A., and Mesirow Financial Investment Management Equity Management.
View insider buying and selling activity 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 $40.02.

Comerica has a market capitalization of $5.56 billion and generates $3.82 billion in revenue each year. The financial services provider earns $1.20 billion in net income (profit) each year or $7.81 on an earnings per share basis. Comerica employs 7,948 workers across the globe.

The official website for Comerica is 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]