Comerica Stock Today

CMA Stock  USD 72.32  0.32  0.44%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
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

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Comerica Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanCurtis Farmer
Thematic Ideas
(View all Themes)
Old NameCenturia Metropolitan REIT
Business ConcentrationRegional 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
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0120.0103
Fairly Up
Slightly volatile
Asset Turnover0.05210.0418
Fairly Up
Very volatile
Gross Profit Margin0.871.33
Way Down
Slightly volatile
Total Current LiabilitiesB6.5 B
Significantly Down
Slightly volatile
Non Current Liabilities Total50.3 B47.9 B
Sufficiently Up
Very volatile
Total Assets59.4 B85.8 B
Way Down
Slightly volatile
Total Current Assets20.4 B19.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities869.2 M1.3 B
Way Down
Slightly volatile
Debt Levels
Comerica 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.
Liquidity
Comerica has 9.77 B in debt with debt to equity (D/E) ratio of 8.51, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Comerica to invest in growth at high rates of return.

Change In Cash

3.38 Billion
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 Allocation
Comerica 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

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
2.1 M
Millennium Management Llc2024-06-30
M
Vaughan Nelson Scarbrgh & Mccullough Lp2024-06-30
1.8 M
Barrow Hanley Mewhinney & Strauss Llc2024-09-30
1.7 M
First Trust Advisors L.p.2024-06-30
1.6 M
Bank Of New York Mellon Corp2024-06-30
1.5 M
Northern Trust Corp2024-09-30
1.5 M
Moore Capital Management, Lp2024-06-30
1.3 M
Samlyn Capital, Llc2024-09-30
1.2 M
Blackrock Inc2024-06-30
19.3 M
Vanguard Group Inc2024-09-30
14.8 M
View Comerica Diagnostics

Comerica Historical Income Statement

At present, Comerica's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 4.2 B, whereas Net Income is forecasted to decline to about 580.9 M. View More Fundamentals

Comerica Stock Against Markets

Comerica Corporate Directors

Reginald TurnerIndependent DirectorProfile
Richard LindnerIndependent DirectorProfile
Michael CollinsIndependent DirectorProfile
Ximena HumrichouseIndependent DirectorProfile
When determining whether Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.