TSE:CM Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis → Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad) Free CM Stock Alerts C$68.67 +0.77 (+1.13%) (As of 03/28/2024 ET) Add Compare Share Share Today's RangeC$67.80▼C$68.8650-Day RangeC$60.08▼C$68.4852-Week RangeC$47.44▼C$69.42Volume6.02 million shsAverage Volume3.50 million shsMarket CapitalizationC$64.36 billionP/E Ratio10.50Dividend Yield5.24%Price TargetC$65.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Imperial Bank of Commerce alerts: Email Address Canadian Imperial Bank of Commerce MarketRank™ Stock AnalysisAnalyst RatingHold2.38 Rating ScoreUpside/Downside4.8% DownsideC$65.38 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.30 out of 5 stars 2.2 Analyst's Opinion Consensus RatingCanadian Imperial Bank of Commerce has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 5 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$65.38, Canadian Imperial Bank of Commerce has a forecasted downside of 4.8% from its current price of C$68.67.Amount of Analyst CoverageCanadian Imperial Bank of Commerce has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A 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 5.27%, 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 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CM. Previous Next 1.8 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of 0.31. 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 0.80 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Canadian Imperial Bank of Commerce this week, compared to 2 articles on an average week.Search InterestOnly 39 people have searched for CM on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Imperial Bank of Commerce insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.03% of the stock of Canadian Imperial Bank of Commerce is held by insiders.Percentage Held by Institutions49.10% of the stock of Canadian Imperial Bank of Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Imperial Bank of Commerce is 10.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.82.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 10.50, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 445.90.Price to Earnings Growth RatioCanadian Imperial Bank of Commerce has a PEG Ratio of 3.01. 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 1.25. 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 Ad WealthPressA lot of people are making this costly mistakeYou may have heard the saying “options are risky” … And, they can be. But only if you use them the way a lot of folks do. A lot of people think of BUYING speculative options when they talk about options. And BUYING low probability, speculative options is definitely risky… It’s how some folks leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. Click here to jump in on the next one About Canadian Imperial Bank of Commerce Stock (TSE:CM)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 Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More CM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CM Stock News HeadlinesMarch 26, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (CM)March 26, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Given Consensus Recommendation of "Hold" by AnalystsMarch 29, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 21, 2024 | finance.yahoo.comBank of Canada Sees Quantitative Tightening Ending in 2025March 21, 2024 | msn.comCanadian Imperial Bank of Commerce NONCM PFD A 49 declares CAD 0.325 dividendMarch 21, 2024 | finance.yahoo.comCIBC Asset Management announces CIBC ETF cash distributions for March 2024March 21, 2024 | finance.yahoo.comCIBC to redeem Non-cumulative Rate Reset Class A Preferred Shares Series 49 (NVCC)March 21, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Hits New 12-Month High at $67.52March 29, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 19, 2024 | finance.yahoo.comTraders Boost Odds of June Rate Cut as Canada Inflation CoolsMarch 15, 2024 | msn.comCanadian banks face ESG-related proposals at AGMs, but little new on climateMarch 11, 2024 | theglobeandmail.comBank of Canada holds interest rate steady againMarch 8, 2024 | finance.yahoo.comCanada Job Gains Double Forecast, Wage Growth Eases to 4.9%March 7, 2024 | marketwatch.comCanadian Imperial Bank of Commerce Taps Robert Sedran as New CFOMarch 1, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (NYSE:CM) Q1 2024 Earnings Call TranscriptFebruary 29, 2024 | finance.yahoo.comCIBC ranked #1 in Canada for gender equality by Equileap for fourth consecutive yearFebruary 29, 2024 | seekingalpha.comCanadian Imperial Bank of Commerce 2024 Q1 - Results - Earnings Call PresentationFebruary 29, 2024 | msn.comCanadian Imperial Bank declares CAD 0.90 dividendFebruary 29, 2024 | msn.comCanadian Imperial Bank Non-GAAP EPS of C$1.81, revenue of C$6.22BFebruary 29, 2024 | finance.yahoo.comCIBC Announces First Quarter 2024 ResultsFebruary 29, 2024 | finance.yahoo.comCIBC Declares Dividends for the Quarter Ending April 30, 2024February 29, 2024 | ca.finance.yahoo.comCIBC first-quarter profit beats estimates on robust Canada bankingFebruary 29, 2024 | finance.yahoo.comUPDATE 2-CIBC first-quarter profit beats estimates on robust Canada bankingFebruary 29, 2024 | finance.yahoo.comCIBC Earnings Helped by Domestic Business as Provisions MissFebruary 28, 2024 | markets.businessinsider.comWhat Wall Street expects from Canadian Imperial Bank of Commerce (CIBC)'s earningsFebruary 26, 2024 | msn.comCanadian Bank of Commerce (TSE:CM) Slips Even as Bank Woes LessenFebruary 26, 2024 | finance.yahoo.comReal Estate Loans a ‘Question Mark’ for Canadian Banks’ ProfitsSee More Headlines 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 Company Calendar Ex-Dividend for 1/29 Dividend12/27/2023Dividend Payable1/29/2024Last Earnings2/29/2024Ex-Dividend for 4/29 Dividend3/27/2024Today3/29/2024Dividend Payable4/29/2024Next Earnings (Estimated)5/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryN/A Current SymbolTSE:CM CUSIPN/A CIKN/A Webwww.cibc.com Phone+1-416-9802211FaxN/AEmployees48,047Year FoundedN/APrice Target and Rating Average Stock Price TargetC$65.38 High Stock Price TargetC$71.00 Low Stock Price TargetC$56.00 Potential Upside/Downside-4.8%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.54 Trailing P/E Ratio10.50 Forward P/E Ratio10.07 P/E Growth3.01Net IncomeC$6.02 billion Net Margins29.50% Pretax MarginN/A Return on Equity12.14% Return on Assets0.67% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$21.32 billion Price / Sales3.02 Cash FlowC$312.28 per share Price / Cash Flow0.22 Book ValueC$54.91 per share Price / Book1.25Miscellaneous Outstanding Shares937,270,000Free FloatN/AMarket CapC$64.36 billion OptionableNot Optionable Beta1.10 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Victor G. Dodig (Age 58)President, CEO & Director Comp: $2.94MMr. Hratch PanossianSenior EVP, CFO and Head of Enterprise StrategyMr. Harry K. CulhamSenior EVP and Group Head of Capital Markets & Direct Financial ServicesMr. Jon HountalasSenior EVP & Group Head of Canadian BankingMr. Shawn BeberSenior EVP & Group Head of US RegionMs. Christina C. KramerSenior EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo LawalExecutive VP & Chief Legal OfficerMs. Sandra R. Sharman (Age 61)Senior EVP and Group Head of People, Culture & Brand Mr. Michael G. CapatidesVice-Chair of CIBC Bank USAMr. John P. FerrenSenior Vice President of Deposit Products & AnalyticsMore ExecutivesKey CompetitorsBank of Nova ScotiaTSE:BNSNational Bank of CanadaTSE:NABank of MontrealTSE:BMOToronto-Dominion BankTSE:TDRoyal Bank of CanadaTSE:RYView All CompetitorsInsidersChristina Charlotte KramerSold 15,446 sharesTotal: C$883,356.74 ($57.19/share)View All Insider Transactions Should I Buy Canadian Imperial Bank of Commerce Stock? CM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Canadian Imperial Bank of Commerce: The current stock price of Canadian Imperial Bank of Commerce is showing a positive trend, indicating potential growth. The bank's diversified financial products and services cater to a wide range of clients, providing stability and revenue streams from various sectors. Canadian Imperial Bank of Commerce has a long-standing history since its founding in 1867, showcasing stability and experience in the financial industry. The company's presence in Canada, the United States, and internationally offers geographical diversification, reducing risk associated with a single market. Canadian Imperial Bank of Commerce's focus on wealth management services provides opportunities for revenue growth through asset management and advisory services. Cons Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons: The competitive landscape in the banking industry can pose challenges for Canadian Imperial Bank of Commerce to maintain market share and profitability. Economic uncertainties, such as fluctuating interest rates and regulatory changes, can impact the bank's profitability and financial performance. Market volatility and geopolitical risks may affect the bank's operations and financial stability, leading to potential investment risks. Changes in consumer behavior and preferences towards digital banking services could require significant investments in technology to stay competitive. The bank's exposure to different markets and currencies may subject it to foreign exchange risks and economic downturns in specific regions. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, March 25, 2024. Please send any questions or comments about these Canadian Imperial Bank of Commerce pros and cons to contact@marketbeat.com. CM Stock Analysis - Frequently Asked Questions Should I buy or sell Canadian Imperial Bank of Commerce stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CM, but not buy additional shares or sell existing shares. View CM analyst ratings or view top-rated stocks. What is Canadian Imperial Bank of Commerce's stock price target for 2024? 13 Wall Street analysts have issued 12 month price targets for Canadian Imperial Bank of Commerce's shares. Their CM share price targets range from C$56.00 to C$71.00. On average, they anticipate the company's stock price to reach C$65.38 in the next year. This suggests that the stock has a possible downside of 4.8%. View analysts price targets for CM or view top-rated stocks among Wall Street analysts. How have CM shares performed in 2024? Canadian Imperial Bank of Commerce's stock was trading at C$63.80 at the beginning of 2024. Since then, CM shares have increased by 7.6% and is now trading at C$68.67. View the best growth stocks for 2024 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, May 23rd 2024. 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, February, 29th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.12. The firm had revenue of $6.22 billion for the quarter, compared to analyst estimates of $6.07 billion. Canadian Imperial Bank of Commerce had a trailing twelve-month return on equity of 12.14% and a net margin of 29.50%. 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, February 29th. Stockholders of record on Thursday, March 28th will be paid a dividend of 0.90 per share on Monday, April 29th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend is Wednesday, March 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$3.60 per share and currently has a dividend yield of 5.27%. CM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 55.05%. 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). 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. This page (TSE:CM) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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