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 declared 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 4.59%. 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 earnings results on Wednesday, May, 23rd. The company reported $2.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.81 by $0.14. The business had revenue of $4.38 billion for the quarter, compared to analyst estimates 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 analysts have issued 12-month target prices for Canadian Imperial Bank of Commerce's stock. Their forecasts range from C$116.00 to C$140.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach C$131.17 in the next year. This suggests a possible upside of 13.2% 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 headlines about CM stock have trended somewhat positive recently, Accern reports. Accern rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Canadian Imperial Bank of Commerce earned a media sentiment score of 0.10 on Accern's scale. They also gave news stories about the company an impact score of 47.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

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$115.87.

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.