Shares of Finance sector company Comerica moved -1.6% today, and are now trading at a price of $43.37. The large-cap stock's daily volume was 1,438,886 compared to its average volume of 3,277,306. The S&P 500 index returned a 1.0% performance.
Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company is based in Dallas and has 7,280 full time employees. Its market capitalization is $5,703,105,024. Comerica currently offers its equity investors a dividend that yields 6.2% per year.
21 analysts are following Comerica and have set target prices ranging from $51.0 to $95.0 per share. On average, they have given the company a rating of buy. At today's prices, CMA is trading -42.22% away from its average analyst target price of $75.05 per share.
Over the last year, CMA shares have gone down by -51.1%, which represents a difference of -40.0% when compared to the S&P 500. The stock's 52 week high is $93.96 per share and its 52 week low is $29.17. Although Comerica's average free cash flow over the last four years has been $743,250,000.0, they have been decreasing at an average rate of -12.6%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | FreeCashFlow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 638,000 | -82,000 | 556,000 | -1.42 |
| 2021-12-31 | 634,000 | -70,000 | 564,000 | -33.57 |
| 2020-12-31 | 928,000 | -79,000 | 849,000 | -15.44 |
| 2019-12-31 | 1,090,000 | -86,000 | 1,004,000 | n/a |
