TSE:CM Canadian Imperial Bank of Commerce 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$62.51 -0.15 (-0.24%) (As of 06/30/2022 12:00 AM ET) Add Compare Share Today's RangeC$61.20▼C$62.5550-Day RangeC$62.33▼C$143.8352-Week RangeC$61.20▼C$83.75Volume2.53 million shsAverage Volume3.60 million shsMarket CapitalizationC$56.42 billionP/E Ratio8.86Dividend Yield5.30%Price TargetC$115.46 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Canadian Imperial Bank of Commerce MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside84.7% UpsideC$115.46 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$99.89 K Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.06 out of 5 stars 4.5 Analyst's Opinion Consensus RatingCanadian Imperial Bank of Commerce has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$115.46, Canadian Imperial Bank of Commerce has a forecasted upside of 84.7% from its current price of C$62.51.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 0.0 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 5.30%, 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 43.51%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CM. Previous Next 0.2 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of -1.64. 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 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Canadian Imperial Bank of Commerce this week, compared to 3 articles on an average week.Search InterestOnly 65 people have searched for CM on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 23 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Imperial Bank of Commerce insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$99,894.00 in company stock and sold C$0.00 in company stock. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Imperial Bank of Commerce is 8.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 69.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 8.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 81.87.Price to Earnings Growth RatioCanadian Imperial Bank of Commerce has a PEG Ratio of 1.57. 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 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 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 four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More CM Stock News HeadlinesJune 30, 2022 | finance.yahoo.comCanada’s Economy Stalls Slightly on Oil-Production SlowdownJune 25, 2022 | americanbankingnews.comCanadian Imperial Bank of Commerce (CM) To Go Ex-Dividend on June 27thJuly 3, 2022 | Paradigm Press (Ad)Biden's Plan to Confiscate Your Cash?A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good.June 25, 2022 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Sets New 12-Month Low at $62.07June 24, 2022 | finance.yahoo.comCIBC’s Dodig Defends His Overhaul as Bank’s Shares TumbleJune 24, 2022 | finance.yahoo.comCIBC’s Dodig Defends His Strategy as Recession Fear Hits Bank SectorJune 22, 2022 | finance.yahoo.comInflation Surges to 7.7% in Canada, Fastest Pace Since 1983June 21, 2022 | theglobeandmail.comCanadian Imperial Bank of Commerce stock boosted on Monday.July 3, 2022 | Paradigm Press (Ad)Biden's Plan to Confiscate Your Cash?A former advisor to the CIA and Pentagon believes this order could allow for legal government surveillance of all US citizens; total control over your bank accounts and purchases; and the ability to silence all dissenting voices for good.June 21, 2022 | morningstar.comCanadian Imperial Bank of Commerce - Stock Trailing Returns CMJune 20, 2022 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Given Average Recommendation of "Buy" by BrokeragesJune 17, 2022 | theglobeandmail.comCanadian Imperial Bank of Commerce stock dipped on Thursday.June 16, 2022 | finance.yahoo.comCIBC Leans on US Commercial Banking, Wealth to Drive GainsJune 16, 2022 | finance.yahoo.comUPDATE 1-Canada's CIBC 'comfortable' with mortgage book, watching for signs of stressJune 12, 2022 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Sets New 12-Month Low at $67.00June 10, 2022 | finance.yahoo.comJobless Rate Hits New Record Low in Canada, Wages AccelerateJune 9, 2022 | finance.yahoo.comCIBC expands U.S. energy investment banking team with addition of four directorsJune 9, 2022 | ca.finance.yahoo.comCIBC expands U.S. energy investment banking team, raises staff payJune 9, 2022 | finance.yahoo.comUPDATE 1-CIBC expands U.S. energy investment banking team, raises staff payJune 9, 2022 | americanbankingnews.comCanadian Imperial Bank of Commerce's (CM) Buy Rating Reaffirmed at Fundamental ResearchJune 7, 2022 | finance.yahoo.comOne Canadian Imperial Bank of Commerce (TSE:CM) insider upped their stake by 6.9% in the previous yearJune 4, 2022 | finance.yahoo.comCanadian Imperial Bank of Commerce: Canadian Imperial Bank of Commerce Closes Costco Card Book Acquisition; Expenses Creep Up in Q2May 31, 2022 | finance.yahoo.comCanadian Imperial (CM) Down as Q2 Earnings Fall on Higher CostsMay 26, 2022 | finance.yahoo.comCanadian Imperial Bank of Commerce (CM) Q2 2022 Earnings Call TranscriptMay 20, 2022 | finance.yahoo.comOil Posts Weekly Gain as Fuel Demand Outweighs Recession FearsMay 19, 2022 | finance.yahoo.comEarnings Preview: Canadian Imperial Bank (CM) Q2 Earnings Expected to DeclineMay 18, 2022 | finance.yahoo.comMajority of young Canadians (18-24) worried about keeping up with living expenses: CIBC pollSee More Headlines Industry, 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/ACompany Calendar Ex-Dividend for 4/28 Dividend3/25/2022Dividend Payable4/28/2022Last Earnings5/26/2022Ex-Dividend for 7/28 Dividend6/27/2022Today7/03/2022Dividend Payable7/28/2022Next Earnings (Estimated)8/25/2022Price Target and Rating Average Stock Price ForecastC$115.46 High Stock Price ForecastC$170.00 Low Stock Price ForecastC$78.00 Forecasted Upside/Downside+84.7%Consensus RatingBuy Rating Score (0-4)3 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio8.86 Forward P/E Ratio8.15 P/E Growth1.57Net 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$20.64 billion Price / Sales2.73 Cash FlowC$249.24 per share Price / Cash Flow0.25 Book ValueC$49.75 per share Price / Book1.26Miscellaneous Outstanding Shares902,576,000Free FloatN/AMarket CapC$56.42 billion OptionableOptionable BetaN/A Canadian Imperial Bank of Commerce Frequently Asked Questions Should I buy or sell Canadian Imperial Bank of Commerce stock right now? 10 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 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Canadian Imperial Bank of Commerce stock. View analyst ratings for Canadian Imperial Bank of Commerce or view top-rated stocks. What is Canadian Imperial Bank of Commerce's stock price forecast for 2022? 10 equities research analysts have issued twelve-month price targets for Canadian Imperial Bank of Commerce's shares. Their CM stock forecasts range from C$78.00 to C$170.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach C$115.46 in the next year. This suggests a possible upside of 84.7% from the stock's current price. View analysts' price targets for Canadian Imperial Bank of Commerce or view top-rated stocks among Wall Street analysts. How has Canadian Imperial Bank of Commerce's stock price performed in 2022? Canadian Imperial Bank of Commerce's stock was trading at C$147.45 on January 1st, 2022. Since then, CM shares have decreased by 57.6% and is now trading at C$62.51. View the best growth stocks for 2022 here. When is Canadian Imperial Bank of Commerce's next earnings date? Canadian Imperial Bank of Commerce is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022. View our earnings forecast for Canadian Imperial Bank of Commerce. How were Canadian Imperial Bank of Commerce's earnings last quarter? Canadian Imperial Bank of Commerce (TSE:CM) issued its quarterly earnings data on Thursday, May, 26th. The company reported $1.77 earnings per share for the quarter, missing analysts' consensus estimates of $1.78 by $0.01. The business had revenue of $5.38 billion for the quarter, compared to analysts' expectations of $5.24 billion. View Canadian Imperial Bank of Commerce's earnings history. 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 Thursday, May 26th. Shareholders of record on Tuesday, June 28th will be given a dividend of 0.83 per share on Thursday, July 28th. This represents a $3.32 annualized dividend and a dividend yield of 5.31%. The ex-dividend date of this dividend is Monday, June 27th. View Canadian Imperial Bank of Commerce's dividend history. Is Canadian Imperial Bank of Commerce a good dividend stock? Canadian Imperial Bank of Commerce(TSE:CM) pays an annual dividend of C$3.07 per share and currently has a dividend yield of 5.30%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Canadian Imperial Bank of Commerce is 43.51%. This payout ratio is at a healthy, sustainable level, below 75%. View Canadian Imperial Bank of Commerce's dividend history. Who are Canadian Imperial Bank of Commerce's key executives? Canadian Imperial Bank of Commerce's management team includes the following people: Mr. Victor G. Dodig, Pres, CEO & Director (Age 56, Pay $3.14M)Mr. Hratch Panossian, Sr. EVP, CFO and Head of Enterprise StrategyMr. Harry K. Culham, Sr. EVP and Group Head of Capital Markets & Direct Financial ServicesMs. Laura L. Dottori-Attanasio, Sr. EVP & Group Head of Personal and Bus. Banking - Canada (Age 54, Pay $1.81M)Mr. Michael G. Capatides, Sr. EVP, Group Head of US Region and Pres & CEO of CIBC Bank USAMr. Roman Dubczak, Head of Global Investment Banking & MDMs. Christina C. Kramer, Sr. EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo Lawal, Exec. VP & Chief Legal OfficerMs. Sandra R. Sharman, Sr. EVP and Group Head of People, Culture & Brand (Age 59)Mr. John P. Ferren, Sr. VP of Deposit Products & Analytics Who are some of Canadian Imperial Bank of Commerce's key competitors? Some companies that are related to Canadian Imperial Bank of Commerce include Toronto-Dominion Bank (TD), HSBC (HSBA), Bank of Nova Scotia (BNS), Bank of Montreal (BMO), National Bank of Canada (NA), Barclays (BARC), Canadian Western Bank (CWB), Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB), Manx Financial Group (MFX), Atlas Mara (ATMA), Australia and New Zealand Banking Group (ANZ), Bank of Queensland (BOQ), Bendigo and Adelaide Bank (BEN) and Edgewater Bancorp (EGDW). View all of CM's competitors. 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 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$62.51. How much money does Canadian Imperial Bank of Commerce make? Canadian Imperial Bank of Commerce (TSE:CM) has a market capitalization of C$56.42 billion and generates C$20.64 billion in revenue each year. How many employees does Canadian Imperial Bank of Commerce have? Canadian Imperial Bank of Commerce 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 Canadian Imperial Bank of Commerce is www.cibc.com. The company can be reached via phone at +1-416-9802211. This page (TSE:CM) was last updated on 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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