Shares of Comerica have moved 2.7% today, and are now trading at a price of $41.69. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 655,609 compared to the stock's average volume of 4,364,948.
Comerica Incorporated, through its subsidiaries, provides various financial products and services. Based in Dallas, United States the company has 7,586 full time employees and a market cap of $5,489,321,984. Comerica currently offers its equity investors a dividend that yields 6.8% per year.
The company is now trading -24.9% away from its average analyst target price of $55.51 per share. The 20 analysts following the stock have set target prices ranging from $42.0 to $80.0, and on average give Comerica a rating of buy.
Over the last 12 months CMA shares have declined by -46.6%, which represents a difference of -58.0% when compared to the S&P 500. The stock's 52 week high is $87.02 per share and its 52 week low is $28.4. With its net margins declining an average -2.4% over the last 4 years, Comerica declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 3,534,000 | 1,151,000 | 32.57 | -17.27 |
| 2021-12-31 | 2,967,000 | 1,168,000 | 39.37 | 141.83 |
| 2020-12-31 | 2,912,000 | 474,000 | 16.28 | -54.58 |
| 2019-12-31 | 3,343,000 | 1,198,000 | 35.84 | n/a |
