TSE:CM - Canadian Imperial Bank of Commerce Stock Price, Price Target & More

Canadian Imperial Bank of Commerce trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CM."

Canadian Imperial Bank of Commerce announced a quarterly dividend on Wednesday, May 23rd. Stockholders of record on Thursday, June 28th will be given a dividend of 1.33 per share on Friday, July 27th. This represents a $5.32 annualized dividend and a dividend yield of 4.58%. The ex-dividend date of this dividend is Wednesday, June 27th. View Canadian Imperial Bank of Commerce's Dividend History.

Canadian Imperial Bank of Commerce (TSE:CM) posted its quarterly earnings results on Wednesday, May, 23rd. The company reported $2.95 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.81 by $0.14. The company had revenue of $4.38 billion for the quarter, compared to analysts' expectations of $4.25 billion. Canadian Imperial Bank of Commerce had a net margin of 31.76% and a return on equity of 18.90%. View Canadian Imperial Bank of Commerce's Earnings History.

Canadian Imperial Bank of Commerce is scheduled to release their next quarterly earnings announcement on Thursday, August, 23rd 2018. View Earnings Estimates for Canadian Imperial Bank of Commerce.

9 Wall Street analysts have issued 12 month price targets for Canadian Imperial Bank of Commerce's shares. Their forecasts range from C$116.00 to C$140.00. On average, they anticipate Canadian Imperial Bank of Commerce's share price to reach C$131.17 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View Analyst Ratings for Canadian Imperial Bank of Commerce.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Canadian Imperial Bank of Commerce include HSBC (HSBA), Toronto–Dominion Bank (TD), Bank of Nova Scotia (BNS), Australia and New Zealand Banking Group (ANZ), National Australia Bank (NAB), Bank of Montreal (BMO), UniCredit (UCG), Societe Generale (GLE), Barclays (BARC), KBC Groep (KBC), National Bank of Canada (NA), Bendigo and Adelaide Bank (BEN), Bank of Queensland (BOQ), Unione di Banche Italiane (UBI) and Canadian Western Bank (CWB).

Media coverage about CM stock has been trending somewhat positive on Sunday, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Canadian Imperial Bank of Commerce earned a media sentiment score of 0.06 on Accern's scale. They also assigned news coverage about the company an impact score of 45.92 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Shares of CM and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of CM stock can currently be purchased for approximately C$116.07.

Canadian Imperial Bank of Commerce has a market capitalization of C$52.10 billion.

Canadian Imperial Bank of Commerce's mailing address is 199 Bay Street, Commerce Court, TORONTO, ON M5L 1A2, Canada. The company can be reached via phone at +1-416-9802211.