TSE:CM Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis → Emergency: Biden's $20 Trillion Mistake Could Cost YOU! (From GoldenCrest Metals) (Ad) Free CM Stock Alerts C$65.16 -0.45 (-0.69%) (As of 04/24/2024 ET) Add Compare Share Share Today's RangeC$64.98▼C$65.7550-Day RangeC$60.83▼C$68.6752-Week RangeC$47.44▼C$69.42Volume4.25 million shsAverage Volume3.69 million shsMarket CapitalizationC$61.07 billionP/E Ratio9.96Dividend Yield5.52%Price TargetC$65.81 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/Downside1.0% UpsideC$65.81 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.1.43 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.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 5.44%, 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 2.2 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of 1.02. 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 higher news sentiment than the 0.53 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Canadian Imperial Bank of Commerce this week, compared to 2 articles on an average week.Search InterestOnly 24 people have searched for CM on MarketBeat in the last 30 days. This is a decrease of -29% 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 0% 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 Institutions49.08% 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 9.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 9.96, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 467.56.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 1.19. 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 GoldenCrest MetalsEmergency: Biden's $20 Trillion Mistake Could Cost YOU!The stakes have never been higher for your savings. Here's the hard truth: A banking crisis is looming. Your money is in the crosshairs of a $20 trillion commercial loan debt disaster, set to erupt.Learn More Now 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 HeadlinesApril 20, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Given Consensus Rating of "Hold" by AnalystsApril 11, 2024 | finance.yahoo.comCIBC Mellon names Shane Kuros Chief Business Development OfficerApril 24, 2024 | GoldenCrest Metals (Ad)Emergency: Biden's $20 Trillion Mistake Could Cost YOU!The stakes have never been higher for your savings. Here's the hard truth: A banking crisis is looming. Your money is in the crosshairs of a $20 trillion commercial loan debt disaster, set to erupt.April 11, 2024 | msn.comEntry to Canadian housing market feels out of reach for 76% of non-owners, poll suggestsApril 4, 2024 | theglobeandmail.comCIBC Announces Election of Directors at 2024 Annual MeetingApril 2, 2024 | finance.yahoo.comCIBC Innovation Banking Provides Growth Capital Financing to CertifIDApril 1, 2024 | finance.yahoo.comCIBC continues commitment to affordable housing with latest project: Thrive on KingMarch 26, 2024 | finance.yahoo.comCanadian Imperial Bank of Commerce (CM)April 24, 2024 | GoldenCrest Metals (Ad)Emergency: Biden's $20 Trillion Mistake Could Cost YOU!The stakes have never been higher for your savings. Here's the hard truth: A banking crisis is looming. Your money is in the crosshairs of a $20 trillion commercial loan debt disaster, set to erupt.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 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 bankingSee 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 Dividend3/27/2024Today4/24/2024Dividend 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$65.81 High Stock Price TargetC$74.00 Low Stock Price TargetC$56.00 Potential Upside/Downside+0.3%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.54 Trailing P/E Ratio10.03 Forward P/E Ratio9.62 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 / Sales2.88 Cash FlowC$298.36 per share Price / Cash Flow0.22 Book ValueC$54.91 per share Price / Book1.19Miscellaneous Outstanding Shares937,270,000Free FloatN/AMarket CapC$61.49 billion OptionableNot Optionable Beta1.10 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Victor G. Dodig (Age 58)President, CEO & Director Comp: $2.94MMr. Harry K. CulhamSenior EVP and Group Head of Capital Markets & Direct Financial ServicesMr. Jon HountalasSenior EVP & Group Head of Canadian BankingMr. Hratch PanossianSenior EVP & Head of Personal and Business BankingMr. Shawn BeberSenior EVP & Group Head of US RegionMr. Robert Sedran C.F.A. (Age 52)Senior EVP & CFO Ms. 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 USAMore 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: Canadian Imperial Bank of Commerce has shown strong financial performance in recent quarters, with consistent revenue growth and profitability. The bank has a diversified business model, operating in various segments including commercial banking, wealth management, and capital markets, which can help mitigate risks. Recent market analysis indicates that Canadian Imperial Bank of Commerce's stock price is undervalued compared to its peers, presenting a potential buying opportunity for investors. The company's focus on digital banking and innovation has positioned it well to adapt to changing consumer preferences and technological advancements in the financial industry. Canadian Imperial Bank of Commerce has a solid track record of paying dividends to shareholders, providing a source of passive income for investors. Cons Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons: The banking sector is subject to regulatory changes and economic fluctuations, which could impact Canadian Imperial Bank of Commerce's operations and financial performance. Intense competition in the financial services industry may put pressure on the bank's market share and margins, affecting its profitability. Global economic uncertainties, such as trade tensions and geopolitical risks, could create volatility in the financial markets, potentially impacting the bank's stock price. Rising interest rates could lead to increased borrowing costs for Canadian Imperial Bank of Commerce, affecting its lending business and overall profitability. Investors should closely monitor the bank's exposure to different asset classes and regions to assess potential risks related to market fluctuations and economic downturns. 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 Wednesday, April 10, 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 research 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 research 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 research 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$74.00. On average, they anticipate the company's share price to reach C$65.81 in the next twelve months. This suggests a possible upside of 1.0% 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 2024? Canadian Imperial Bank of Commerce's stock was trading at C$63.80 at the beginning of the year. Since then, CM stock has increased by 2.1% and is now trading at C$65.16. 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) issued its 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 company 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 announced 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 annualized dividend and a yield of 5.52%. The ex-dividend date 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 5.44%. 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. 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