TSE:CM Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis → AI Cracks Open Largest Untapped Energy Reserve on Earth (From Banyan Hill Publishing) (Ad) Free CM Stock Alerts C$67.17 +0.48 (+0.72%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$66.25▼C$67.2550-Day RangeC$60.08▼C$67.2152-Week RangeC$47.44▼C$67.42Volume6.01 million shsAverage Volume3.23 million shsMarket CapitalizationC$62.96 billionP/E Ratio10.27Dividend Yield5.36%Price TargetC$65.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Imperial Bank of Commerce alerts: Email Address Canadian Imperial Bank of Commerce MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside2.7% DownsideC$65.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.34Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.29 out of 5 stars 2.2 Analyst's Opinion Consensus RatingCanadian Imperial Bank of Commerce has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$65.38, Canadian Imperial Bank of Commerce has a forecasted downside of 2.7% from its current price of C$67.17.Amount of Analyst CoverageCanadian Imperial Bank of Commerce has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CM. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 5.36%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Imperial Bank of Commerce does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Imperial Bank of Commerce is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CM. Previous Next 1.9 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Canadian Imperial Bank of Commerce this week, compared to 2 articles on an average week.Search Interest41 people have searched for CM on MarketBeat in the last 30 days. This is an increase of 11% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Imperial Bank of Commerce insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.03% of the stock of Canadian Imperial Bank of Commerce is held by insiders.Percentage Held by Institutions49.11% of the stock of Canadian Imperial Bank of Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Imperial Bank of Commerce is 10.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 10.27, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 448.20.Price to Earnings Growth RatioCanadian Imperial Bank of Commerce has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCanadian Imperial Bank of Commerce has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More CM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CM Stock News HeadlinesMarch 15, 2024 | msn.comCanadian banks face ESG-related proposals at AGMs, but little new on climateMarch 11, 2024 | theglobeandmail.comBank of Canada holds interest rate steady againMarch 19, 2024 | Porter & Company (Ad)Urgent new message from Porter StansberryI’ve been in the financial markets for close to three decades… Yet, I’ve never seen an opportunity that’s so urgent, so critical, and yet so overlooked than what is unfolding right now. You see, in one corner of the markets a financial anomaly has emerged that promises to be the single most important story of 2024.March 8, 2024 | finance.yahoo.comCanada Job Gains Double Forecast, Wage Growth Eases to 4.9%March 7, 2024 | marketwatch.comCanadian Imperial Bank of Commerce Taps Robert Sedran as New CFOMarch 1, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (NYSE:CM) Q1 2024 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comCIBC ranked #1 in Canada for gender equality by Equileap for fourth consecutive yearFebruary 29, 2024 | seekingalpha.comCanadian Imperial Bank of Commerce 2024 Q1 - Results - Earnings Call PresentationMarch 19, 2024 | Banyan Hill Publishing (Ad)AI Cracks Open Largest Untapped Energy Reserve on EarthThis orb represents the largest untapped energy source in the world… And although this energy resource is unknown by 99% of the public… It makes gas, coal, oil, wind, hydropower, solar, fusion… February 29, 2024 | msn.comCanadian Imperial Bank declares CAD 0.90 dividendFebruary 29, 2024 | msn.comCanadian Imperial Bank Non-GAAP EPS of C$1.81, revenue of C$6.22BFebruary 29, 2024 | finance.yahoo.comCIBC Announces First Quarter 2024 ResultsFebruary 29, 2024 | finance.yahoo.comCIBC Declares Dividends for the Quarter Ending April 30, 2024February 29, 2024 | ca.finance.yahoo.comCIBC first-quarter profit beats estimates on robust Canada bankingFebruary 29, 2024 | finance.yahoo.comUPDATE 2-CIBC first-quarter profit beats estimates on robust Canada bankingFebruary 29, 2024 | finance.yahoo.comCIBC Earnings Helped by Domestic Business as Provisions MissFebruary 28, 2024 | markets.businessinsider.comWhat Wall Street expects from Canadian Imperial Bank of Commerce (CIBC)'s earningsFebruary 26, 2024 | msn.comCanadian Bank of Commerce (TSE:CM) Slips Even as Bank Woes LessenFebruary 26, 2024 | finance.yahoo.comReal Estate Loans a ‘Question Mark’ for Canadian Banks’ ProfitsFebruary 23, 2024 | ca.finance.yahoo.comLynx Air shutdown could leave travellers stranded as of MondayFebruary 13, 2024 | finance.yahoo.comMost younger Canadians plan to spend over $200 this Valentine's Day: CIBC PollFebruary 12, 2024 | finance.yahoo.comCanadians prioritizing their immediate savings goals over long-term investments: CIBC PollFebruary 9, 2024 | finance.yahoo.comCanada Job Gains Beat Forecast, Wage Growth Cools to 5.3%January 31, 2024 | theglobeandmail.comCourt rules class-action lawsuit can proceed against CIBC and Mackenzie over mutual-fund commissionsJanuary 31, 2024 | msn.comHere’s the Easiest Way to Make a Guaranteed 5% in Passive Income in 2024January 30, 2024 | msn.comBetter Bank Buy: Scotiabank Stock or CIBC?January 29, 2024 | finance.yahoo.comCIBC Asset Management Inc. announces launch of three CIBC Investment Grade Bond FundsSee More Headlines Receive CM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Imperial Bank of Commerce and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/24/2017Ex-Dividend for 1/29 Dividend12/27/2023Dividend Payable1/29/2024Today3/19/2024Ex-Dividend for 4/29 Dividend3/27/2024Dividend Payable4/29/2024Next Earnings (Estimated)5/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryN/A Current SymbolTSE:CM CUSIPN/A CIKN/A Webwww.cibc.com Phone+1-416-9802211FaxN/AEmployees48,047Year FoundedN/APrice Target and Rating Average Stock Price TargetC$65.38 High Stock Price TargetC$71.00 Low Stock Price TargetC$56.00 Potential Upside/Downside-2.7%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.54 Trailing P/E Ratio10.27 Forward P/E Ratio9.93 P/E Growth3.01Net IncomeC$6.02 billion Net Margins29.50% Pretax MarginN/A Return on Equity12.14% Return on Assets0.67% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$21.32 billion Price / Sales2.95 Cash FlowC$305.46 per share Price / Cash Flow0.22 Book ValueC$54.91 per share Price / Book1.22Miscellaneous Outstanding Shares937,270,000Free FloatN/AMarket CapC$62.96 billion OptionableNot Optionable Beta1.10 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Victor G. Dodig (Age 58)President, CEO & Director Comp: $2.94MMr. Hratch PanossianSenior EVP, CFO and Head of Enterprise StrategyMr. Harry K. CulhamSenior EVP and Group Head of Capital Markets & Direct Financial ServicesMr. Jon HountalasSenior EVP & Group Head of Canadian BankingMr. Shawn BeberSenior EVP & Group Head of US RegionMs. Christina C. KramerSenior EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo LawalExecutive VP & Chief Legal OfficerMs. Sandra R. Sharman (Age 61)Senior EVP and Group Head of People, Culture & Brand Mr. Michael G. CapatidesVice-Chair of CIBC Bank USAMr. John P. FerrenSenior Vice President of Deposit Products & AnalyticsMore ExecutivesKey CompetitorsBank of Nova ScotiaTSE:BNSNational Bank of CanadaTSE:NABank of MontrealTSE:BMOToronto-Dominion BankTSE:TDRoyal Bank of CanadaTSE:RYView All CompetitorsInsidersChristina Charlotte KramerSold 15,446 sharesTotal: C$883,356.74 ($57.19/share)View All Insider Transactions Should I Buy Canadian Imperial Bank of Commerce Stock? CM Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Canadian Imperial Bank of Commerce was last updated on Sunday, March 17, 2024 at 11:33 PM. Pros Here are some ways that investors could benefit from investing in Canadian Imperial Bank of Commerce: Canadian Imperial Bank of Commerce recently hit a new 52-week high at $67.42, indicating positive momentum in the stock price. The company offers a dividend yield of 5.36%, providing investors with a steady income stream. Canadian Imperial Bank of Commerce has a diversified business model operating in various segments, which can help mitigate risks. The stock has received positive analyst ratings, with some analysts upgrading their price targets, indicating growth potential. With a market capitalization of C$62.59 billion, Canadian Imperial Bank of Commerce is a significant player in the financial industry. Cons Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons: The company's P/E ratio of 10.28 and P/E/G ratio of 3.01 may indicate that the stock is currently overvalued. While the dividend yield is attractive, the dividend payout ratio of 55.05% suggests that a significant portion of earnings is being distributed as dividends, potentially limiting reinvestment for growth. Canadian Imperial Bank of Commerce operates in a competitive industry with regulatory challenges that could impact its profitability. Investors should consider the company's beta of 1.09, indicating higher volatility compared to the market average. Despite recent positive momentum, investors should assess the impact of economic conditions on the bank's performance and outlook. CM Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Imperial Bank of Commerce stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CM, but not buy additional shares or sell existing shares. View CM analyst ratings or view top-rated stocks. What is Canadian Imperial Bank of Commerce's stock price target for 2024? 13 Wall Street research analysts have issued 1 year target prices for Canadian Imperial Bank of Commerce's stock. Their CM share price targets range from C$56.00 to C$71.00. On average, they expect the company's stock price to reach C$65.38 in the next twelve months. This suggests that the stock has a possible downside of 2.7%. View analysts price targets for CM or view top-rated stocks among Wall Street analysts. How have CM shares performed in 2024? Canadian Imperial Bank of Commerce's stock was trading at C$63.80 at the beginning of the year. Since then, CM stock has increased by 5.3% and is now trading at C$67.17. View the best growth stocks for 2024 here. When is Canadian Imperial Bank of Commerce's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our CM earnings forecast. How were Canadian Imperial Bank of Commerce's earnings last quarter? Canadian Imperial Bank of Commerce (TSE:CM) posted its quarterly earnings data on Thursday, August, 24th. The company reported $2.77 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.14. The firm earned $4.10 billion during the quarter, compared to the consensus estimate of $4.01 billion. Canadian Imperial Bank of Commerce had a net margin of 29.50% and a trailing twelve-month return on equity of 12.14%. How often does Canadian Imperial Bank of Commerce pay dividends? What is the dividend yield for Canadian Imperial Bank of Commerce? Canadian Imperial Bank of Commerce announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.90 per share on Monday, April 29th. This represents a $3.60 annualized dividend and a yield of 5.36%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for CM. Is Canadian Imperial Bank of Commerce a good dividend stock? Canadian Imperial Bank of Commerce (TSE:CM) pays an annual dividend of C$3.60 per share and currently has a dividend yield of 5.36%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CM. What other stocks do shareholders of Canadian Imperial Bank of Commerce own? Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Imperial Bank of Commerce investors own include Toronto-Dominion Bank (TD), Intact Financial (IFC), Bank of Nova Scotia (BNS), Constellation Software (CSU), Royal Bank of Canada (RY), Enbridge (ENB), Bank of Montreal (BMO), BCE (BCE), Alimentation Couche-Tard (ATD.B) and AbbVie (ABBV). How do I buy shares of Canadian Imperial Bank of Commerce? Shares of CM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. 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