TSE:CM

Canadian Imperial Bank of Commerce Stock Forecast, Price & News

C$124.59

-0.21 (-0.17 %)

(As of 04/19/2021 04:26 PM ET)

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Today's Range

C$124.40

Now: C$124.59▼

C$125.38

50-Day Range

C$117.33

MA: C$123.58▼

C$126.81

52-Week Range

C$77.68

Now: C$124.59▼

C$127.13

Volume1.22 million shs

Average Volume2.11 million shs

Market CapitalizationC$55.80 billion

P/E Ratio13.62

Dividend Yield4.68%

BetaN/A

Canadian 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, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

Industry, Sector and Symbol

Stock Exchange TSE

Industry Money Center Banks

Sub-IndustryN/A

SectorFinance

Current SymbolTSE:CM

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cibc.com

Phone+1-416-9802211

Employees43,890

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio13.62

Forward P/E Ratio9.80

P/E Growth1.17

Sales & Book Value

Annual SalesC$16.47 billion

Price / Sales3.39

Cash FlowC$511.24 per share

Price / Cash Flow0.24

Book ValueC$85.35 per share

Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares447,850,000

Market CapC$55.80 billion

Next Earnings Date5/27/2021 (Confirmed)

OptionableOptionable

Headlines

3 Dividend Stocks to Generate $3,000 in Passive Income
April 12, 2021 | ca.finance.yahoo.com

CIBC Announces Election of Mary Lou Maher to CIBC's Board of Directors
April 8, 2021 | finance.yahoo.com

Canadian Imperial Bank of Commerce (TSE:CM) Share Price Passes Above Fifty Day Moving Average of $120.68
April 2, 2021 | americanbankingnews.com

CIBC Asset Management Virtually Opens The Market
March 31, 2021 | finance.yahoo.com

Are Insiders Buying Canadian Imperial Bank of Commerce (TSE:CM) Stock?
March 26, 2021 | finance.yahoo.com

Canadian Imperial Bank of Commerce (TSE:CM) Reaches New 52-Week High at $127.00
March 25, 2021 | americanbankingnews.com

Canadian Imperial Bank of Commerce (CM-PQ.TO)
March 23, 2021 | au.finance.yahoo.com

Media Advisory - CIBC's Shawn Beber to Speak at the National Bank Financial 19th Annual Financial Services Conference
March 18, 2021 | finance.yahoo.com

Investors Bracing for Bank of Canada to Taper: Decision Guide
March 9, 2021 | msn.com

Canadian Imperial Bank Of Commerce Named Top 25 Dividend Stock With 4.82% Yield (CM)
March 5, 2021 | nasdaq.com

Canadian Imperial (CM) Q1 Earnings Improve, Stock Down 2.3%
March 1, 2021 | finance.yahoo.com

Canadian Housing Gains Lift Profit at Toronto-Dominion, CIBC
February 25, 2021 | bloomberg.com

Canadian Imperial Bank of Commerce profit beats estimates on capital market strength
February 25, 2021 | nasdaq.com

Canadian Imperial Bank of Commerce Q1 adjusted earnings of C$3.58 per share
February 25, 2021 | nasdaq.com

CIBC Tops Estimates as Domestic Banking Helped by Lower Reserves
February 25, 2021 | finance.yahoo.com

/R E P E A T -- Media Advisory - Desjardins Group to announce results for fiscal year 2020/
February 24, 2021 | finance.yahoo.com

PREVIEW-Canadian banks set for earnings decline but investors optimistic about recovery
February 21, 2021 | reuters.com

SOUND Trust -- Moody's: No adverse rating impact on the ABCP issued by SAFE Trust and SOUND Trust following the addition of CAD128 million of residential mortgages to an existing facility
February 17, 2021 | finance.yahoo.com

CIBC Innovation Banking Announces $33 Million Comprehensive Financing Solution for Bloomerang, Inc.
February 10, 2021 | finance.yahoo.com

Canadian Imperial Bank of Commerce, Australia -- Moody's announces completion of a periodic review of ratings of Canadian Imperial Bank of Commerce
February 3, 2021 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.62 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Canadian Imperial Bank of Commerce has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$126.55, Canadian Imperial Bank of Commerce has a forecasted upside of 1.6% from its current price of C$124.59.
Amount of Analyst Coverage
Canadian Imperial Bank of Commerce has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
Canadian Imperial Bank of Commerce has received 381 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Imperial Bank of Commerce has received 615 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Imperial Bank of Commerce has received 61.75% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Imperial Bank of Commerce and other stocks. Vote “Outperform” if you believe CM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CM will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Canadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 4.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Imperial Bank of Commerce does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Imperial Bank of Commerce is 63.86%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Imperial Bank of Commerce insiders have sold 14,863.17% more of their company's stock than they have bought. Specifically, they have bought C$49,680.00 in company stock and sold C$7,433,702.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Imperial Bank of Commerce is 13.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.36.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Imperial Bank of Commerce is 13.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.73.
Price to Earnings Growth Ratio
Canadian Imperial Bank of Commerce has a PEG Ratio of 1.17. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Imperial Bank of Commerce has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

C$124.59

-0.21 (-0.17 %)

(As of 04/19/2021 04:26 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Imperial Bank of Commerce (TSE:CM) Frequently Asked Questions

Is Canadian Imperial Bank of Commerce a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities 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 stocks does MarketBeat like better than Canadian Imperial Bank of Commerce?

Wall Street analysts have given Canadian Imperial Bank of Commerce a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian Imperial Bank of Commerce wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks 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, May 27th 2021.
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) released its quarterly earnings results on Thursday, February, 25th. The company reported $3.58 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.79 by $0.79. The company had revenue of $4.96 billion for the quarter, compared to analysts' expectations of $4.84 billion.
View Canadian Imperial Bank of Commerce's earnings history.

How has Canadian Imperial Bank of Commerce's stock price been impacted by COVID-19?

Canadian Imperial Bank of Commerce's stock was trading at C$85.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CM stock has increased by 45.4% and is now trading at C$124.59.
View which stocks have been most impacted by COVID-19.

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 25th. Stockholders of record on Monday, March 29th will be paid a dividend of 1.46 per share on Wednesday, April 28th. This represents a $5.84 dividend on an annualized basis and a yield of 4.69%. The ex-dividend date of this dividend is Friday, March 26th.
View Canadian Imperial Bank of Commerce's dividend history.

Is Canadian Imperial Bank of Commerce a good dividend stock?

Canadian Imperial Bank of Commerce pays an annual dividend of C$5.84 per share and currently has a dividend yield of 4.68%. 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 63.86%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Imperial Bank of Commerce's dividend history.

What price target have analysts set for CM?

8 analysts have issued 12 month price targets for Canadian Imperial Bank of Commerce's shares. Their forecasts range from C$93.00 to C$144.00. On average, they expect Canadian Imperial Bank of Commerce's share price to reach C$126.55 in the next year. This suggests a possible upside of 1.6% 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.

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 55, Pay $2.5M)
Mr. Harry K. Culham, Sr. EVP and Group Head of Capital Markets & Direct Financial Services
Ms. Laura L. Dottori-Attanasio, Sr. EVP & Group Head of Personal and Bus. Banking - Canada (Age 53, Pay $1.52M)
Mr. Michael G. Capatides, Sr. EVP & Group Head of US Region, Pres and CEO of CIBC Bank USA
Mr. Hratch Panossian, Sr. EVP & CFO and Enterprise Strategy
Mr. Roman Dubczak, Head of Global Investment Banking & MD
Ms. Christina C. Kramer, Sr. EVP and Group Head of Technology, Infrastructure & Innovation
Ms. Kikelomo Lawal, Exec. VP & Chief Legal Officer
Ms. Sandra R. Sharman, Sr. EVP and Group Head of People, Culture & Brand (Age 57)
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 The Toronto-Dominion Bank (TD), The Bank of Nova Scotia (BNS), HSBC (HSBA), Bank of Montreal (BMO), Barclays (BARC), National Bank of Canada (NA), 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), Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia (CRG.MI) (CRG), Bank of Queensland (BOQ) and Bendigo and Adelaide Bank (BEN).
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 The Toronto-Dominion Bank (TD), Intact Financial (IFC), The 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$124.59.

How much money does Canadian Imperial Bank of Commerce make?

Canadian Imperial Bank of Commerce has a market capitalization of C$55.80 billion and generates C$16.47 billion in revenue each year.

How many employees does Canadian Imperial Bank of Commerce have?

Canadian Imperial Bank of Commerce employs 43,890 workers across the globe.

What is Canadian Imperial Bank of Commerce's official website?

The official website for Canadian Imperial Bank of Commerce is www.cibc.com.

Where are Canadian Imperial Bank of Commerce's headquarters?

Canadian Imperial Bank of Commerce is headquartered at 199 Bay Street, Commerce Court, TORONTO, ON M5L 1A2, Canada.

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 company can be reached via phone at +1-416-9802211.

This page was last updated on 4/19/2021 by MarketBeat.com Staff

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