Canadian Imperial Bank of Commerce (TSE:CM – Free Report) (NYSE:CM) – Analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of Canadian Imperial Bank of Commerce in a research note issued to investors on Thursday, August 14th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings of $8.07 per share for the year, up from their prior forecast of $8.02. National Bank Financial has a “Sector Perform” rating on the stock. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s Q4 2025 earnings at $1.92 EPS and FY2026 earnings at $8.61 EPS.
A number of other equities analysts have also recently issued reports on the company. National Bankshares increased their target price on Canadian Imperial Bank of Commerce from C$98.00 to C$99.00 and gave the stock a “sector perform” rating in a report on Friday. Desjardins upped their price target on Canadian Imperial Bank of Commerce from C$100.00 to C$106.00 and gave the company a “buy” rating in a research report on Wednesday, August 13th. Jefferies Financial Group increased their price objective on Canadian Imperial Bank of Commerce from C$94.00 to C$102.00 in a research note on Wednesday, August 13th. Scotiabank upgraded shares of Canadian Imperial Bank of Commerce to a “strong-buy” rating in a research note on Thursday, May 15th. Finally, Canaccord Genuity Group set a C$96.00 target price on shares of Canadian Imperial Bank of Commerce and gave the stock a “hold” rating in a research report on Tuesday, June 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$99.46.
Canadian Imperial Bank of Commerce Stock Down 0.0%
Shares of CM opened at C$101.99 on Monday. The stock’s 50-day moving average price is C$98.08 and its 200 day moving average price is C$90.21. The firm has a market capitalization of C$95.42 billion, a price-to-earnings ratio of 13.47, a P/E/G ratio of 3.03 and a beta of 1.12. Canadian Imperial Bank of Commerce has a 12-month low of C$70.71 and a 12-month high of C$102.45.
Canadian Imperial Bank of Commerce Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, July 28th. Shareholders of record on Monday, July 28th were paid a $0.97 dividend. The ex-dividend date was Friday, June 27th. This represents a $3.88 annualized dividend and a yield of 3.8%. Canadian Imperial Bank of Commerce’s payout ratio is presently 47.55%.
Insider Transactions at Canadian Imperial Bank of Commerce
In related news, Senior Officer Christina Charlotte Kramer sold 43,490 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of C$93.07, for a total transaction of C$4,047,614.30. Also, Senior Officer John Hountalas sold 32,018 shares of the business’s stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of C$93.87, for a total transaction of C$3,005,657.73. Over the last quarter, insiders have sold 105,837 shares of company stock worth $9,903,590. 0.02% of the stock is currently owned by insiders.
About Canadian Imperial Bank of Commerce
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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