Comerica Inc (CMA)

CMA (NYSE:Banking) EQUITY
$69.56
pos +1.20
+1.80%
Today's Range: 68.05 - 70.40 | CMA Avg Daily Volume: 2,176,000
Last Update: 12/08/16 - 3:16 PM EST
Volume: 1,689,857
YTD Performance: 63.40%
Open: $69.41
Previous Close: $68.35
52 Week Range: $30.48 - $68.68
Oustanding Shares: 172,262,981
Market Cap: 11,660,481,184
6-Month Chart
TheStreet Ratings Grade for CMA
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 1 1 2 2
Moderate Buy 4 3 3 3
Hold 14 13 13 11
Moderate Sell 1 1 1 1
Strong Sell 1 1 1 1
Mean Rec. 2.86 2.89 2.80 2.78
Latest Dividend: 0.23
Latest Dividend Yield: 1.36%
Dividend Ex-Date: 12/13/16
Price Earnings Ratio: 28.20
Price Earnings Comparisons:
CMA Sector Avg. S&P 500
28.20 28.20 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
45.46% 54.22% 49.07%
GROWTH 12 Mo 3 Yr CAGR
Revenue 8.30 0.10 0.02
Net Income -12.10 0.00 0.00
EPS -10.10 0.10 0.03
Earnings for CMA:
EBITDA 0.97B
Revenue 2.83B
Average Earnings Estimates
Qtr (12/16) Qtr (03/17) FY (12/16) FY (12/17)
Average Estimate $0.95 $0.92 $2.97 $3.93
Number of Analysts 11 9 11 11
High Estimate $1.01 $0.97 $3.03 $4.06
Low Estimate $0.89 $0.82 $2.91 $3.62
Prior Year $0.71 $0.34 $2.92 $2.97
Growth Rate (Year over Year) 33.29% 170.59% 1.74% 32.19%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
By

Bruce Kamich

 | Oct 19, 2016 | 10:04 AM EDT
The $53 level could be the start of a rally to the mid-$70s.

bullishComerica upgraded at Goldman

Sep 16, 2016 | 7:08 AM EDT
CMA was upgraded from Neutral to Buy, Goldman Sachs said. $52 price target. Company was also added to the Conviction list, as the company should be able to achieve its near-term targets.

bullishComerica upgraded at Wells

Jul 8, 2016 | 7:26 AM EDT

CMA was upgraded from Underperform to Market Perform, Wells Fargo said. Valuation call, as the stock is down 12% over the past month.

By

Tim Melvin

 | Jun 29, 2016 | 1:00 PM EDT

Executives could accelerate decisions to go ahead and sell their banks.

bearishComerica downgraded at BofA/Merrill

Jun 29, 2016 | 7:15 AM EDT

CMA was downgraded from Neutral to Underperform, Bank of America/Merrill Lynch said. $36 price target. Estimates also cut, given deeper macro challenges. 

bullishComerica upgraded at Goldman

May 19, 2016 | 7:12 AM EDT

CMA was upgraded from Sell to Neutral, Goldman Sachs said. $49 price target. Company can restructure or possibly sell the business. 

By

Tim Melvin

 | May 13, 2016 | 1:00 PM EDT

I am keeping my eye on the bank specialists and activists as 13F filings start rolling in.

bullishComerica upgraded at BofA/Merrill

Apr 21, 2016 | 7:26 AM EDT

CMA was upgraded from Underperform to Neutral, Bank of America/Merrill Lynch said. $45 price target. Strategic review should support the stock. 

RMPIA
By

Doug Kass

 | Apr 19, 2016 | 3:46 PM EDT
The U.S. dollar weakened. Crude oil rose by $1.22 to $41.00. Nat gas was up by sixteen cents. Gold rose by $18.70 to $1,253. Silver was up by 70 cents. More upside action in agricultural chemicals, with Potash (POT) up $1.20. Wheat +11.50, corn +3.50, soybeans +28.50 and oats +5.25. Lumber was +6.40. Bonds dropped a bit in price, and were slightly higher in yield. The 10-year U.S. note yield rose by one basis point to 1.78% and the long bond by a similar amount and yields 2.59%. Municipals down slightly; closed-end muni funds' rapid advance dissipated late in the day ... finally! High yield was well-bid. iShares iBoxx High Yield Corporate Bond ETF (HYG) was up 36 cents and SPDR Barclays High Yield Bond ETF (JNK) was up 15 cents. Blackstone/GSO Strategic Credit Fund (BGB) was three cents lower; I am out of the name now. Banks exploded to the upside, led by JPMorgan Chase (JPM), Wells Fargo (WFC) and Comerica (CMA), all up by over a beaner. Life insurance advanced again, though my long Hartford Financial Services Group (HIG) lagged. Brokerages were up, led by Morgan Stanley (MS), up 64 cents, and Goldman Sachs (GS), up $3.65. Retail was quiet. Home Depot (HD) was a downside leader, off $1.50. Lowe's (LOW) was weak, too. Old tech got IBM'd, with IBM (IBM) down $8.50. Staples were broadly higher, led by long Procter & Gamble (PG), up 50 cents. Old media was mixed. Comcast (CMCSA) was lower but Disney (DIS) led the parade. Autos were strong, continuing the Barron's push over the past weekend. Ford (F) was up 15 cents and General Motors (GM) up 65 cents. Oils responded to better commodity pricing. Schlumberger (SLB) was the league leader, up $1.70. Biotech and the rest of the Nasdaq were conspicuously to the downside. iShares Nasdaq Biotechnology ETF (IBB) was down 1.66%. Allergan (AGN) is still recovering (up $4.50) and my former biotech basket got hit, but not materially so. (T)FANG weakness was also obvious, though Facebook (FB) had a late-day kick save. NOSH was mixed. So was CRABBY. In individual stocks, Twitter (TWTR) was a poor actor. On the other hand, fav long DuPont (DD) was strong, up $1.15. Here are some great posts on RealMoneyPro today: Some oil vey from Jim "El Capitan" Cramer.  Tim "Not Phil or Judy" Collins on some overnight trade ideas.  And also from Tim, some SPY-ing.  RevShark on
By

Tim Melvin

 | Apr 13, 2016 | 2:00 PM EDT

These underpriced stocks have averaged 17% annual returns since 1999.

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