What is Cormark’s Forecast for CM Q2 Earnings?

Canadian Imperial Bank of Commerce (NYSE:CMFree Report) (TSE:CM) – Stock analysts at Cormark issued their Q2 2025 EPS estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Tuesday, May 20th. Cormark analyst L. Persaud forecasts that the bank will post earnings of $1.35 per share for the quarter. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $5.50 per share.

Other equities research analysts have also recently issued research reports about the stock. Scotiabank started coverage on shares of Canadian Imperial Bank of Commerce in a research note on Thursday, May 15th. They set a “sector outperform” rating on the stock. Jefferies Financial Group cut shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “hold” rating in a research note on Monday, April 21st. Finally, Wall Street Zen raised shares of Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research note on Tuesday, May 13th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $92.00.

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Canadian Imperial Bank of Commerce Trading Up 1.8%

Shares of CM opened at $68.15 on Friday. Canadian Imperial Bank of Commerce has a 52-week low of $46.99 and a 52-week high of $68.35. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. The firm’s fifty day moving average is $60.48 and its two-hundred day moving average is $61.87. The stock has a market cap of $64.07 billion, a PE ratio of 12.74, a price-to-earnings-growth ratio of 1.62 and a beta of 1.06.

Canadian Imperial Bank of Commerce Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Friday, March 28th were issued a dividend of $0.6723 per share. The ex-dividend date was Friday, March 28th. This represents a $2.69 annualized dividend and a dividend yield of 3.95%. Canadian Imperial Bank of Commerce’s dividend payout ratio is presently 48.03%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC raised its holdings in Canadian Imperial Bank of Commerce by 1,036.9% in the 1st quarter. Acadian Asset Management LLC now owns 1,048,200 shares of the bank’s stock valued at $58,942,000 after buying an additional 956,000 shares during the period. Intech Investment Management LLC raised its holdings in Canadian Imperial Bank of Commerce by 64.4% in the 1st quarter. Intech Investment Management LLC now owns 275,959 shares of the bank’s stock valued at $15,521,000 after buying an additional 108,110 shares during the period. Zurich Insurance Group Ltd FI raised its holdings in Canadian Imperial Bank of Commerce by 1,784.1% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 685,827 shares of the bank’s stock valued at $38,622,000 after buying an additional 649,427 shares during the period. Sciencast Management LP purchased a new stake in Canadian Imperial Bank of Commerce in the 1st quarter valued at about $546,000. Finally, Goldman Sachs Group Inc. raised its holdings in Canadian Imperial Bank of Commerce by 405.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,187,068 shares of the bank’s stock valued at $292,032,000 after buying an additional 4,160,938 shares during the period. Hedge funds and other institutional investors own 49.88% of the company’s stock.

Canadian Imperial Bank of Commerce Company Profile

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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.

See Also

Earnings History and Estimates for Canadian Imperial Bank of Commerce (NYSE:CM)

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