Comerica (CMA) Stock Forecast, Price & News

Comerica (NYSE:CMA) Frequently Asked Questions

Is Comerica a buy right now?

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 2 sell ratings, 7 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities 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.

Are investors shorting Comerica?

Comerica saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,790,000 shares, an increase of 48.4% from the April 15th total of 1,880,000 shares. Based on an average daily trading volume, of 1,530,000 shares, the short-interest ratio is presently 1.8 days. Currently, 2.2% of the shares of the stock are short sold.
View Comerica's Short Interest.

When is Comerica's next earnings date?

Comerica is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022.
View our earnings forecast for Comerica.

How were Comerica's earnings last quarter?

Comerica Incorporated (NYSE:CMA) posted its quarterly earnings data on Wednesday, April, 20th. The financial services provider reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.38 by $0.01. The financial services provider earned $700 million during the quarter, compared to the consensus estimate of $725.36 million. Comerica had a net margin of 33.48% and a trailing twelve-month return on equity of 13.85%. During the same quarter in the prior year, the business posted $2.43 EPS.
View Comerica's earnings history.

How often does Comerica pay dividends? What is the dividend yield for Comerica?

Comerica announced a quarterly dividend on Tuesday, April 26th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.68 per share on Friday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Tuesday, June 14th.
View Comerica's dividend history.

Is Comerica a good dividend stock?

Comerica pays an annual dividend of $2.72 per share and currently has a dividend yield of 3.57%. The dividend payout ratio of Comerica is 37.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Comerica will have a dividend payout ratio of 29.41% next year. This indicates that Comerica will be able to sustain or increase its dividend.
View Comerica's dividend history.

How will Comerica's stock buyback program work?

Comerica declared that its board has approved a share buyback plan on Tuesday, April 27th 2021, which authorizes the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for CMA?

20 equities research analysts have issued 12-month price targets for Comerica's shares. Their forecasts range from $73.00 to $118.00. On average, they expect Comerica's share price to reach $101.85 in the next year. This suggests a possible upside of 35.1% from the stock's current price.
View analysts' price targets for Comerica or view top-rated stocks among Wall Street analysts.

Who are Comerica's key executives?

Comerica's management team includes the following people:

• Mr. Curtis Chatman Farmer, Chairman, CEO & Pres (Age 59, Pay $3.78M)
• Mr. James J. Herzog, CFO & Exec. VP (Age 60, Pay $1.61M)
• Mr. John D. Buchanan, Exec. VP, Chief Legal Officer & Corp. Sec. (Age 58, Pay $1.7M)
• Mr. Peter L. Sefzik, Exec. VP & Exec. Director of Commercial Bank (Age 46, Pay $1.48M)
• Mr. Jay K. Oberg, Exec. VP & Chief Risk Officer (Age 51, Pay $1.37M)
• Ms. Megan D. Crespi, Exec. VP and Chief Enterprise Technology & Operations Services Officer (Age 48)
• Mr. Mauricio A. Ortiz, Exec. VP & Chief Accounting Officer (Age 43) (LinkedIn Profile)
• Ms. Darlene P. Persons, Director of Investor Relations
• Ms. Megan D. Burkhart, Exec. VP & Chief HR Officer (Age 50)
• Michele Lafonte Jones, Sr. VP and Alternate Group Mang. - Energy Fin. Group

What is Curtis C Farmer's approval rating as Comerica's CEO?

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.

Who are some of Comerica's key competitors?

Some companies that are related to Comerica include Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), Standard Chartered (SCBFF), UniCredit (UNCRY), Svenska Handelsbanken AB (publ) (SVNLY), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), Shinhan Financial Group (SHG), Danske Bank A/S (DNKEY), First Horizon (FHN), Webster Financial (WBS), Zions Bancorporation, National Association (ZION), Cullen/Frost Bankers (CFR) and Valley National Bancorp (VLY).
View all of CMA's competitors.

What other stocks do shareholders of Comerica own?

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).

What is Comerica's stock symbol?

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

Who are Comerica's major shareholders?

Comerica's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.14%), BlackRock Inc. (8.90%), State Street Corp (5.92%), Bank of New York Mellon Corp (3.64%), Invesco Ltd. (3.22%) and King Luther Capital Management Corp (2.21%). Company insiders that own Comerica stock include Cassandra M Mckinney, Christine M Moore, Christine M Moore, James Harry Weber, Jay K Oberg, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Mauricio A Ortiz, Melinda A Chausse, Wendy Bridges and Ximena G Humrichouse.
View institutional ownership trends for Comerica.

Which institutional investors are selling Comerica stock?

CMA stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Invesco Ltd., Allianz Asset Management GmbH, Bank of Nova Scotia, Prospector Partners LLC, Northern Trust Corp, and Atalanta Sosnoff Capital LLC. Company insiders that have sold Comerica company stock in the last year include Christine M Moore, James Harry Weber, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Melinda A Chausse, Wendy Bridges, and Ximena G Humrichouse.
View insider buying and selling activity for Comerica or view top insider-selling stocks.

Which institutional investors are buying Comerica stock?

CMA stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Scout Investments Inc., American Century Companies Inc., Vanguard Group Inc., Bank of Montreal Can, 140 Summer Partners LP, Victory Capital Management Inc., and Mackenzie Financial Corp.
View insider buying and selling activity for Comerica or or view top insider-buying stocks.

How do I buy shares of Comerica?

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.
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What is Comerica's stock price today?

One share of CMA stock can currently be purchased for approximately $75.37.

How much money does Comerica make?

Comerica has a market capitalization of $9.86 billion and generates $3.02 billion in revenue each year. The financial services provider earns $1.17 billion in net income (profit) each year or $7.25 on an earnings per share basis.

How many employees does Comerica have?

Comerica employs 7,611 workers across the globe.

Does Comerica have any subsidiaries?

The following companies are subsidiares of Comerica: B&G Tax Equity Partnership LLC, Briel Farm Solar LLC, Cass & Co., Comerica Assurance Ltd., Comerica Bank, Comerica Bank & Trust National Association, Comerica Capital Advisors Incorporated, Comerica Financial Incorporated, Comerica Holdings Incorporated, Comerica Insurance Group Inc., Comerica Insurance Services Inc., Comerica Insurance Services of Texas Incorporated, Comerica Investment Services Inc., Comerica Leasing Corporation, Comerica Management Company, Comerica Properties Corporation, Comerica Securities Inc., Comerica Ventures Incorporated, Gardy's Mill Solar LLC, Imperial Bancorp, Interstate Select Insurance Services Inc., Munder UK L.L.C., SCFS Reverse Exchange LLC, Silver Funding Corp., Sterling Bancshares, USB RETC Fund 2020-23 LLC, VRB Comfort LLC, VRB Corp., VRB Marketplace of Rochester Hills LLC, VRB Ocala Ranch LLC, VRB Red Oak LLC, WAM Holdings Inc., and Wilson Kemp & Associates Inc..

When was Comerica founded?

Comerica was founded in 1849.

What is Comerica's official website?

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

How can I contact Comerica?

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, via email at [email protected], or via fax at 302-424-4866.