TSE:CM Canadian Imperial Bank of Commerce - CM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Canadian Imperial Bank of Commerce Please log in to your account or sign up in order to add this asset to your watchlist. C$61.76 +0.30 (+0.49%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$61.53▼C$62.0650-Day RangeC$53.77▼C$64.7952-Week RangeC$53.58▼C$83.75Volume2.22 million shsAverage Volume3.15 million shsMarket CapitalizationC$55.96 billionP/E Ratio9.25Dividend Yield5.78%Price TargetC$66.16 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media About Canadian Imperial Bank of Commerce (TSE:CM) StockCanadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; investment and insurance services; and credit cards, as well as mobile, online, and overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and private wealth, and international banking services; foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More 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 CM Stock News HeadlinesFebruary 2, 2023 | finance.yahoo.comWhen it comes to winter plans down south, most Canadian snowbirds are winging it financially: CIBC PollFebruary 2, 2023 | finance.yahoo.comMedia Advisory - CIBC to Announce First Quarter 2023 Results on February 24, 2023February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 31, 2023 | finance.yahoo.comCIBC named to Bloomberg Gender-Equality Index for Eighth Consecutive YearJanuary 29, 2023 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Receives C$66.16 Average Price Target from AnalystsJanuary 25, 2023 | marketwatch.comCanadian Imperial Bank of Commerce stock rises Wednesday, outperforms marketJanuary 23, 2023 | finance.yahoo.comCIBC supports the new construction, rehabilitation and renovation of Roosevelt Square, large mixed-use development on Chicago's West SideJanuary 19, 2023 | seekingalpha.comCanadian Imperial Bank of Commerce Is A Steal At C$59February 5, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 13, 2023 | finance.yahoo.comCIBC Announces Senior Executive Leadership ChangesJanuary 9, 2023 | finance.yahoo.comSetting goals the smart way, CIBC Smart Planner™ helps clients achieve their ambitionsJanuary 4, 2023 | finance.yahoo.comUPDATE 1-CIBC ordered to pay $848 mln damages to Cerberus, will appealDecember 30, 2022 | finance.yahoo.comCIBC Announces Dividend Rates for NVCC Preferred Shares Series 47 and NVCC Preferred Shares Series 48December 30, 2022 | finance.yahoo.comCanadian Imperial Bank of Commerce (TSE:CM) investors are sitting on a loss of 21% if they invested a year agoDecember 24, 2022 | theglobeandmail.comCanadian Imperial Bank: Top 10 Undervalued Large Cap Stocks on TSX (CM)December 15, 2022 | finance.yahoo.comCIBC Asset Management expands strategic relationship with Ares Management to include Private CreditDecember 15, 2022 | finance.yahoo.comCIBC Announces Conversion Privileges of NVCC Preferred Shares Series 47December 2, 2022 | finance.yahoo.comUPDATE 1-CIBC to appeal New York court's ruling in Cerberus lawsuitNovember 23, 2022 | finance.yahoo.comCIBC Asset Management announces CIBC ETF cash distributions for November 2022November 21, 2022 | finance.yahoo.comCIBC Asset Management Inc. announces that the CIBC Alternative Credit Strategy is now available for purchaseNovember 9, 2022 | finance.yahoo.comOil Drops as US Inventories Swell Amid China’s Covid ChallengesNovember 3, 2022 | finance.yahoo.comCIBC Innovation Banking Announces Growth Capital Facility for SupportLogicOctober 28, 2022 | finance.yahoo.com/C O R R E C T I O N from Source -- CIBC/October 24, 2022 | finance.yahoo.comCIBC Asset Management announces CIBC ETF cash distributions for October 2022October 24, 2022 | finance.yahoo.comCIBC awarded for exceptional client experience in Middle Market and Retail Banking for second consecutive yearOctober 18, 2022 | finance.yahoo.comCIBC opens new flagship banking centre at CIBC SQUAREOctober 2, 2022 | fool.comCanadian Imperial Bank of Commerce (NYSE: CM)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 CM Company Calendar Last Earnings12/01/2022Ex-Dividend for 1/27 Dividend12/23/2022Dividend Payable1/27/2023Today2/05/2023Next Earnings (Confirmed)2/24/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Money Center Banks Sub-IndustryN/A SectorFinance Current SymbolTSE:CM CUSIPN/A CIKN/A Webwww.cibc.com Phone+1-416-9802211FaxN/AEmployees46,030Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$66.16 High Stock Price ForecastC$73.43 Low Stock Price ForecastC$61.00 Forecasted Upside/Downside+7.1%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio9.25 Forward P/E Ratio8.54 P/E Growth8.1Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$20.78 billion Price / Sales2.69 Cash FlowC$280.85 per share Price / Cash Flow0.22 Book ValueC$52.50 per share Price / Book1.18Miscellaneous Outstanding Shares906,150,000Free FloatN/AMarket CapC$55.96 billion OptionableOptionable BetaN/A Key ExecutivesMr. Victor G. Dodig (Age 57)Pres, CEO & Director Comp: $3.14MMr. Hratch PanossianSr. EVP, CFO and Head of Enterprise StrategyMr. Michael G. CapatidesVice-Chair of CIBC Bank USAMr. Harry K. CulhamSr. EVP and Group Head of Capital Markets & Direct Financial ServicesMs. Laura L. Dottori-Attanasio (Age 55)Sr. EVP & Group Head of Personal and Bus. Banking - Canada Comp: $1.81MMr. Roman DubczakHead of Global Investment Banking & MDMs. Christina C. KramerSr. EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo LawalExec. VP & Chief Legal OfficerMs. Sandra R. Sharman (Age 60)Sr. EVP and Group Head of People, Culture & Brand Mr. John P. FerrenSr. VP of Deposit Products & AnalyticsMore ExecutivesKey CompetitorsNational Bank of CanadaTSE:NABank of Nova ScotiaTSE:BNSBank of MontrealTSE:BMOToronto-Dominion BankTSE:TDManulife FinancialTSE:MFCView All CompetitorsInsiders & InstitutionsLaura Lee Dottori-AttanasioBought 1,427 shares on 5/30/2022Total: C$99,894.28 ($70.00/share)Harry Kenneth CulhamSold 2,500 sharesTotal: C$398,050.00 ($159.22/share)Harry Kenneth CulhamSold 2,500 sharesTotal: C$397,450.00 ($158.98/share)Harry Kenneth CulhamSold 7,449 sharesTotal: C$1.18 M ($158.10/share)View All Insider Transactions CM Stock - Frequently Asked Questions Should I buy or sell Canadian Imperial Bank of Commerce stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last twelve months. There are currently 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023? 9 analysts have issued 1 year price objectives for Canadian Imperial Bank of Commerce's shares. Their CM share price forecasts range from C$61.00 to C$73.43. On average, they anticipate the company's share price to reach C$66.16 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price. View analysts price targets for CM or view top-rated stocks among Wall Street analysts. How have CM shares performed in 2023? Canadian Imperial Bank of Commerce's stock was trading at C$54.77 at the beginning of 2023. Since then, CM stock has increased by 12.8% and is now trading at C$61.76. View the best growth stocks for 2023 here. When is Canadian Imperial Bank of Commerce's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023. View our CM earnings forecast. How were Canadian Imperial Bank of Commerce's earnings last quarter? Canadian Imperial Bank of Commerce (TSE:CM) issued its quarterly earnings results on Thursday, December, 1st. The company reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.71 by $0.32. The business had revenue of $5.39 billion for the quarter, compared to the consensus estimate of $5.66 billion. 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 declared a quarterly dividend on Friday, December 23rd. Shareholders of record on Wednesday, December 28th will be paid a dividend of 0.85 per share on Friday, January 27th. This represents a $3.40 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date of this dividend is Friday, December 23rd. This is a boost from the stock's previous quarterly dividend of C$0.83. 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$3.27 per share and currently has a dividend yield of 5.78%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 48.95%. 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). What is Canadian Imperial Bank of Commerce's stock symbol? Canadian Imperial Bank of Commerce trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CM." 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. What is Canadian Imperial Bank of Commerce's stock price today? One share of CM stock can currently be purchased for approximately C$61.76. How much money does Canadian Imperial Bank of Commerce make? Canadian Imperial Bank of Commerce (TSE:CM) has a market capitalization of C$55.96 billion and generates C$20.78 billion in revenue each year. How many employees does Canadian Imperial Bank of Commerce have? The company employs 46,030 workers across the globe. How can I contact Canadian Imperial Bank of Commerce? Canadian Imperial Bank of Commerce's mailing address is 199 Bay Street, Commerce Court, TORONTO, ON M5L 1A2, Canada. The official website for the company is www.cibc.com. The company can be reached via phone at +1-416-9802211. This page (TSE:CM) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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