NYSE:CMAComerica Stock Price, Forecast & News

Comerica's stock was trading at $38.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CMA shares have decreased by 8.1% and is now trading at $34.94. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last year. There are currently 5 sell ratings, 13 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 Tuesday, July 21st 2020. View our earnings forecast for Comerica.

Comerica will be holding an earnings conference call on Tuesday, 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) issued its earnings results on Tuesday, April, 21st. The financial services provider reported ($0.46) EPS for the quarter, missing the consensus estimate of $0.95 by $1.41. The financial services provider earned $750 million during the quarter, compared to analysts' expectations of $752.26 million. Comerica had a net margin of 21.37% and a return on equity of 10.77%. During the same period in the prior year, the business earned $2.11 EPS. View Comerica's earnings history.

Comerica announced a quarterly dividend on Tuesday, April 28th. Investors of record on Monday, June 15th will be paid a dividend of $0.68 per share on Wednesday, July 1st. This represents a $2.72 annualized dividend and a yield of 7.78%. The ex-dividend date of this dividend is Friday, June 12th. View Comerica's dividend history.

Comerica declared that its Board of Directors has authorized a share buyback plan on Tuesday, January 22nd 2019, which authorizes the company to buyback 15,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its shares are undervalued.

22 analysts have issued 12-month price objectives for Comerica's shares. Their forecasts range from $26.00 to $72.50. On average, they expect Comerica's stock price to reach $46.13 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price. View analysts' price targets for Comerica.

Headlines about CMA stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Comerica earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. 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), Akbank T.A.S. (AKBTY), Cullen/Frost Bankers (CFR), TCF Financial (TCF), BOK Financial (BOKF), Pinnacle Financial Partners (PNFP), Valley National Bancorp (VLY) and Community Bank System (CBU). 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 retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%), DNB Asset Management AS (0.02%), Fourthstone LLC (0.01%), IFM Investors Pty Ltd (0.01%), Louisiana State Employees Retirement System (0.00%) and Gradient Investments LLC (0.00%). 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 Envestnet Asset Management Inc., DNB Asset Management AS, IFM Investors Pty Ltd, and NuWave Investment Management 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 Fourthstone LLC, Louisiana State Employees Retirement System, Gradient Investments LLC, and Ellevest Inc.. 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 $34.94.

Comerica has a market capitalization of $4.86 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]