Comerica Stock Today
CMA Stock | USD 72.32 0.32 0.44% |
Performance15 of 100
| Odds Of DistressLess than 5
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Comerica is trading at 72.32 as of the 28th of November 2024, a 0.44 percent decrease since the beginning of the trading day. The stock's open price was 72.64. Comerica has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Comerica are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Banks | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
Comerica Incorporated, through its subsidiaries, provides various financial products and services. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas. Comerica operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 131.51 M outstanding shares of which 5.12 M shares are currently shorted by investors with about 2.67 days to cover. More on Comerica
Moving together with Comerica Stock
0.85 | AX | Axos Financial | PairCorr |
0.83 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.89 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Comerica Stock
Comerica Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
Chairman | Curtis Farmer | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | Centuria Metropolitan REIT | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Regional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Small-Cap 600, KBW Bank, Power Assets, Baby Boomer Prospects, FinTech, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsComerica can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Comerica's financial leverage. It provides some insight into what part of Comerica's total assets is financed by creditors.
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Comerica (CMA) is traded on New York Stock Exchange in USA. It is located in Comerica Bank Tower, Dallas, TX, United States, 75201-6404 and employs 7,666 people. Comerica is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.55 B. Comerica runs under Banks sector within Financials industry. The entity has 131.51 M outstanding shares of which 5.12 M shares are currently shorted by investors with about 2.67 days to cover.
Comerica has about 5.97 B in cash with 1.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 45.6.
Check Comerica Probability Of Bankruptcy
Ownership AllocationComerica holds a total of 131.51 Million outstanding shares. The majority of Comerica outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Comerica to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Comerica. Please pay attention to any change in the institutional holdings of Comerica as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Comerica Ownership Details
Comerica Stock Institutional Holders
Instituion | Recorded On | Shares | |
Geode Capital Management, Llc | 2024-09-30 | 2.1 M | |
Millennium Management Llc | 2024-06-30 | 2 M | |
Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 1.8 M | |
Barrow Hanley Mewhinney & Strauss Llc | 2024-09-30 | 1.7 M | |
First Trust Advisors L.p. | 2024-06-30 | 1.6 M | |
Bank Of New York Mellon Corp | 2024-06-30 | 1.5 M | |
Northern Trust Corp | 2024-09-30 | 1.5 M | |
Moore Capital Management, Lp | 2024-06-30 | 1.3 M | |
Samlyn Capital, Llc | 2024-09-30 | 1.2 M | |
Blackrock Inc | 2024-06-30 | 19.3 M | |
Vanguard Group Inc | 2024-09-30 | 14.8 M |
Comerica Historical Income Statement
Comerica Stock Against Markets
Comerica Corporate Directors
Reginald Turner | Independent Director | Profile | |
Richard Lindner | Independent Director | Profile | |
Michael Collins | Independent Director | Profile | |
Ximena Humrichouse | Independent Director | Profile |
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 2.84 | Earnings Share 4 | Revenue Per Share 23.812 | Quarterly Revenue Growth (0.1) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.