Canadian Imperial Bank of Commerce (TSE:CM – Free Report) (NYSE:CM) – Desjardins boosted their Q3 2025 earnings per share estimates for Canadian Imperial Bank of Commerce in a research report issued on Tuesday, August 12th. Desjardins analyst D. Young now forecasts that the company will post earnings per share of $1.99 for the quarter, up from their prior estimate of $1.85. Desjardins has a “Buy” rating and a $106.00 price objective on the stock. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.
Several other brokerages have also recently issued reports on CM. Canaccord Genuity Group set a C$96.00 target price on Canadian Imperial Bank of Commerce and gave the company a “hold” rating in a research report on Tuesday, June 24th. Royal Bank Of Canada cut their target price on Canadian Imperial Bank of Commerce from C$116.00 to C$112.00 and set an “outperform” rating on the stock in a research report on Monday, June 9th. Jefferies Financial Group lifted their target price on Canadian Imperial Bank of Commerce from C$94.00 to C$102.00 in a research report on Wednesday. Scotiabank raised Canadian Imperial Bank of Commerce to a “strong-buy” rating in a research report on Thursday, May 15th. Finally, National Bankshares lifted their target price on Canadian Imperial Bank of Commerce from C$98.00 to C$99.00 and gave the company a “sector perform” rating in a research report on Friday. One analyst has rated the stock with a sell rating, four have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of C$99.46.
Canadian Imperial Bank of Commerce Stock Performance
Shares of Canadian Imperial Bank of Commerce stock opened at C$101.99 on Friday. Canadian Imperial Bank of Commerce has a 52 week low of C$70.71 and a 52 week high of C$102.45. The stock has a 50 day moving average price of C$98.08 and a two-hundred day moving average price of C$90.25. The stock has a market capitalization of C$95.42 billion, a PE ratio of 13.47, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12.
Canadian Imperial Bank of Commerce Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, July 28th. Stockholders of record on Monday, July 28th were given a $0.97 dividend. The ex-dividend date of this dividend was Friday, June 27th. This represents a $3.88 annualized dividend and a dividend yield of 3.8%. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 47.55%.
Insider Transactions at Canadian Imperial Bank of Commerce
In other news, Senior Officer Hratch Dikran Panossian sold 9,006 shares of the stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of C$94.96, for a total value of C$855,240.38. Also, Senior Officer Christina Charlotte Kramer sold 43,490 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of C$93.07, for a total value of C$4,047,614.30. Insiders sold a total of 105,837 shares of company stock worth $9,903,590 over the last 90 days. 0.02% of the stock is currently owned by insiders.
Canadian Imperial Bank of Commerce Company Profile
Canadian Imperial Bank of Commerce is Canada’s fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.
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