Comerica (CMA) Stock Price, News & Analysis

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comerica in the last twelve months. There are currently 2 sell ratings, 15 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CMA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMA, but not buy additional shares or sell existing shares.
View CMA analyst ratings or view top-rated stocks.

24 Wall Street research analysts have issued 1 year price targets for Comerica's shares. Their CMA share price targets range from $43.00 to $80.00. On average, they expect the company's share price to reach $57.67 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
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Comerica's stock was trading at $55.81 at the beginning of 2024. Since then, CMA shares have decreased by 9.2% and is now trading at $50.66.
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Comerica saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 5,090,000 shares, a decline of 12.1% from the February 29th total of 5,790,000 shares. Based on an average daily trading volume, of 2,120,000 shares, the short-interest ratio is currently 2.4 days. Currently, 3.9% of the shares of the stock are sold short.
View Comerica's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 18th 2024.
View our CMA earnings forecast.

Comerica Incorporated (NYSE:CMA) announced its quarterly earnings data on Thursday, April, 18th. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.17. Comerica had a net margin of 16.71% and a trailing twelve-month return on equity of 19.41%. During the same quarter in the previous year, the business posted $2.39 earnings per share.

Comerica declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.71 per share on Monday, April 1st. This represents a $2.84 annualized dividend and a yield of 5.61%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for CMA.

Comerica (NYSE:CMA) pays an annual dividend of $2.84 per share and currently has a dividend yield of 5.68%. CMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMA will have a dividend payout ratio of 46.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMA.

ETFs with the largest weight of Comerica (NYSE:CMA) stock in their portfolio include First Trust Financial AlphaDEX Fund (FXO), iShares U.S. Regional Banks ETF (IAT), Invesco S&P 500 Equal Weight Financials ETF (RSPF), Invesco S&P 500 High Beta ETF (SPHB), SPDR S&P Bank ETF (KBE), Invesco KBW Bank ETF (KBWB), Natixis Vaughan Nelson Mid Cap ETF (VNMC) and Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL).

47 employees have rated Comerica Chief Executive Officer Curtis C Farmer on Glassdoor.com. Curtis C Farmer has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Comerica investors own include JPMorgan Chase & Co. (JPM), Bank of America (BAC), AT&T (T), Intel (INTC), NVIDIA (NVDA), Walmart (WMT), Alibaba Group (BABA), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO).

Comerica's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.37%), Artemis Investment Management LLP (0.29%), IMC Chicago LLC (0.00%), MADDEN SECURITIES Corp (0.08%), tru Independence LLC (0.07%) and Alaska Permanent Fund Corp (0.04%). Insiders that own company stock include Cassandra M Mckinney, Christine M Moore, James Harry Weber, Jay K Oberg, Jay K Oberg, John D Buchanan, Mauricio A Ortiz, Mauricio A Ortiz, Melinda A Chausse, Peter L Sefzik, Reginald M Turner Jr, Wendy Bridges and Ximena G Humrichouse.
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Shares of CMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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