Comerica Incorporated (NYSE:CMA – Free Report) – Research analysts at Wedbush upped their Q2 2025 earnings per share (EPS) estimates for Comerica in a research report issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will post earnings per share of $1.41 for the quarter, up from their previous forecast of $1.40. Wedbush currently has a “Outperform” rating and a $75.00 price target on the stock. The consensus estimate for Comerica’s current full-year earnings is $5.06 per share. Wedbush also issued estimates for Comerica’s Q3 2025 earnings at $1.55 EPS, Q2 2026 earnings at $1.64 EPS and FY2026 earnings at $6.70 EPS.
Several other equities analysts have also recently issued reports on CMA. Truist Financial boosted their price target on shares of Comerica from $53.00 to $66.00 and gave the company a “hold” rating in a research report on Friday, September 20th. Piper Sandler upped their target price on Comerica from $51.00 to $52.00 and gave the stock a “neutral” rating in a report on Monday, July 22nd. Stephens restated an “overweight” rating and issued a $58.00 target price on shares of Comerica in a research note on Tuesday, September 10th. DA Davidson reaffirmed a “neutral” rating and issued a $55.00 price target on shares of Comerica in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada lowered their price objective on Comerica from $58.00 to $56.00 and set an “outperform” rating for the company in a research report on Monday, July 22nd. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $58.24.
Comerica Stock Down 0.1 %
Shares of Comerica stock opened at $59.39 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 1.23. Comerica has a 12-month low of $37.40 and a 12-month high of $61.84. The company has a market cap of $7.87 billion, a P/E ratio of 11.81 and a beta of 1.23. The company’s fifty day simple moving average is $55.64 and its two-hundred day simple moving average is $52.92.
Comerica (NYSE:CMA – Get Free Report) last posted its earnings results on Friday, July 19th. The financial services provider reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.30. Comerica had a return on equity of 15.01% and a net margin of 12.15%. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $812.79 million. During the same period in the previous year, the firm earned $2.01 earnings per share.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD raised its stake in Comerica by 105.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 182,402 shares of the financial services provider’s stock valued at $10,031,000 after buying an additional 3,595,036 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Comerica by 51.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,045,656 shares of the financial services provider’s stock worth $206,468,000 after acquiring an additional 1,370,886 shares during the period. Azora Capital LP purchased a new stake in Comerica during the fourth quarter valued at $63,548,000. Goldman Sachs Group Inc. lifted its holdings in Comerica by 51.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,564,217 shares of the financial services provider’s stock valued at $143,109,000 after acquiring an additional 870,812 shares during the period. Finally, Samlyn Capital LLC purchased a new position in Comerica in the second quarter worth about $35,375,000. Institutional investors own 80.74% of the company’s stock.
Insider Activity
In related news, EVP Christine M. Moore sold 2,545 shares of Comerica stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $57.51, for a total value of $146,362.95. Following the completion of the sale, the executive vice president now directly owns 27,910 shares in the company, valued at approximately $1,605,104.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.19% of the company’s stock.
Comerica Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 4.78%. The ex-dividend date is Friday, September 13th. Comerica’s dividend payout ratio is currently 56.46%.
About Comerica
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.
Featured Stories
- Five stocks we like better than Comerica
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for Comerica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comerica and related companies with MarketBeat.com's FREE daily email newsletter.