DA Davidson Estimates Comerica’s Q2 Earnings (NYSE:CMA)

Comerica Incorporated (NYSE:CMA) – Research analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Comerica in a report released on Tuesday, April 22nd. DA Davidson analyst P. Winter anticipates that the financial services provider will post earnings per share of $1.19 for the quarter. DA Davidson currently has a “Neutral” rating and a $67.00 target price on the stock. The consensus estimate for Comerica’s current full-year earnings is $5.28 per share.

Several other analysts have also issued reports on the company. Morgan Stanley lowered Comerica from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $63.00 to $55.00 in a report on Monday, April 7th. Wells Fargo & Company decreased their target price on shares of Comerica from $67.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday. UBS Group raised shares of Comerica from a “sell” rating to a “neutral” rating and set a $59.00 price target on the stock in a report on Thursday, April 10th. Argus raised shares of Comerica to a “hold” rating in a research note on Friday, January 31st. Finally, Robert W. Baird lowered their target price on shares of Comerica from $80.00 to $75.00 and set an “outperform” rating on the stock in a research note on Tuesday. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Comerica presently has a consensus rating of “Hold” and an average target price of $62.84.

Comerica Trading Up 1.7 %

Shares of Comerica stock opened at $52.33 on Wednesday. Comerica has a 1-year low of $45.32 and a 1-year high of $73.45. The company’s fifty day simple moving average is $57.95 and its 200-day simple moving average is $62.72. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market capitalization of $6.87 billion, a PE ratio of 10.42 and a beta of 0.96.

Comerica (NYSE:CMA) last issued its quarterly earnings data on Monday, April 21st. The financial services provider reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.11. The firm had revenue of $829.00 million for the quarter, compared to analysts’ expectations of $839.31 million. Comerica had a net margin of 13.98% and a return on equity of 12.04%. During the same quarter in the prior year, the business earned $1.29 EPS.

Institutional Investors Weigh In On Comerica

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Trust Co. of Vermont boosted its stake in shares of Comerica by 300.0% during the fourth quarter. Trust Co. of Vermont now owns 428 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 321 shares in the last quarter. Luken Investment Analytics LLC purchased a new stake in shares of Comerica during the fourth quarter valued at $31,000. MCF Advisors LLC increased its position in shares of Comerica by 56.3% in the 4th quarter. MCF Advisors LLC now owns 633 shares of the financial services provider’s stock valued at $39,000 after acquiring an additional 228 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Comerica in the 3rd quarter worth $42,000. Finally, V Square Quantitative Management LLC lifted its position in Comerica by 36.7% during the 4th quarter. V Square Quantitative Management LLC now owns 824 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 221 shares during the period. Institutional investors own 80.74% of the company’s stock.

Comerica Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th were issued a $0.71 dividend. This represents a $2.84 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend was Friday, March 14th. Comerica’s payout ratio is presently 56.57%.

Comerica Company Profile

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities.