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TSE:CM

Canadian Imperial Bank of Commerce - CM Stock Forecast, Price & News

C$61.09
-1.19 (-1.91%)
(As of 10/5/2022 02:03 PM ET)
Add
Compare
Today's Range
C$60.98
C$62.03
50-Day Range
C$59.89
C$68.47
52-Week Range
C$59.03
C$83.75
Volume
1.15 million shs
Average Volume
3.56 million shs
Market Capitalization
C$55.27 billion
P/E Ratio
8.79
Dividend Yield
5.33%
Price Target
C$92.77
CM stock logo

About Canadian Imperial Bank of Commerce (TSE:CM) Stock

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, 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.

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CM Stock News Headlines

CIBC Announces Third Quarter 2022 Results
See More Headlines
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CM Company Calendar

Last Earnings
8/24/2017
Ex-Dividend for 7/28 Dividend
6/27/2022
Dividend Payable
7/28/2022
Ex-Dividend for 10/28 Dividend
9/27/2022
Today
10/05/2022
Dividend Payable
10/28/2022
Next Earnings (Estimated)
12/01/2022

Industry, Sector and Symbol

Industry
Money Center Banks
Sub-Industry
N/A
Sector
Finance
CIK
N/A
Fax
N/A
Employees
46,030
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$92.77
High Stock Price Forecast
C$170.00
Low Stock Price Forecast
C$69.00
Forecasted Upside/Downside
+51.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$20.81 billion
Cash Flow
C$157.77 per share
Book Value
C$51.52 per share

Miscellaneous

Free Float
N/A
Market Cap
C$55.27 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Victor G. Dodig (Age 56)
    Pres, CEO & Director
    Comp: $3.14M
  • Mr. Hratch Panossian
    Sr. EVP, CFO and Head of Enterprise Strategy
  • Mr. Harry K. Culham
    Sr. EVP and Group Head of Capital Markets & Direct Financial Services
  • Ms. Laura L. Dottori-Attanasio (Age 54)
    Sr. EVP & Group Head of Personal and Bus. Banking - Canada
    Comp: $1.81M
  • Mr. Michael G. Capatides
    Sr. EVP, Group Head of US Region and Pres & CEO of CIBC Bank USA
  • 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 (Age 59)
    Sr. EVP and Group Head of People, Culture & Brand
  • Mr. John P. Ferren
    Sr. VP of Deposit Products & Analytics













CM Stock - Frequently Asked Questions

Should I buy or sell Canadian Imperial Bank of Commerce stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CM shares.
View CM analyst ratings
or view top-rated stocks.

What is Canadian Imperial Bank of Commerce's stock price forecast for 2022?

7 brokerages have issued 1 year price objectives for Canadian Imperial Bank of Commerce's shares. Their CM share price forecasts range from C$69.00 to C$170.00. On average, they anticipate the company's stock price to reach C$92.77 in the next year. This suggests a possible upside of 49.0% 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 2022?

Canadian Imperial Bank of Commerce's stock was trading at C$147.45 at the beginning of 2022. Since then, CM stock has decreased by 57.8% and is now trading at C$62.28.
View the best growth stocks for 2022 here
.

When is Canadian Imperial Bank of Commerce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our CM earnings forecast
.

How were Canadian Imperial Bank of Commerce's earnings last quarter?

Canadian Imperial Bank of Commerce (TSE:CM) posted its quarterly earnings results on Thursday, August, 24th. The company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.63 by $0.14. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.01 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 Tuesday, September 27th. Stockholders of record on Friday, October 28th will be given a dividend of 0.83 per share on Friday, October 28th. This represents a $3.32 annualized dividend and a dividend yield of 5.33%. The ex-dividend date is Tuesday, September 27th.
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$3.17 per share and currently has a dividend yield of 5.39%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.61%. 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$62.28.

How much money does Canadian Imperial Bank of Commerce make?

Canadian Imperial Bank of Commerce (TSE:CM) has a market capitalization of C$56.34 billion and generates C$20.81 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 10/5/2022 by MarketBeat.com Staff

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