Comerica logged a -2.3% change during today's afternoon session, and is now trading at a price of $39.34 per share. On average, analysts give it a target price of $54.86.
Comerica Incorporated, through its subsidiaries, provides various financial products and services. The large-cap company is based in the United States. Comerica currently returns an annual dividend yield of 6.9%.
What to Consider if You Are Thinking of Buying Comerica:
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Comerica has moved -47.0% over the last year.
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CMA has a forward P/E ratio of 6.3 based on its EPS guidance of 6.22.
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Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 15.0%.
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The company has a price to earnings growth (PEG) ratio of -0.49.
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Its Price to Book (P/B) ratio is 1.0
Comerica Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-14 | 638,000 | -79,000 | 717,000 | 3.02 |
| 2022-02-16 | 634,000 | -62,000 | 696,000 | -30.54 |
| 2021-02-09 | 928,000 | -74,000 | 1,002,000 | -14.72 |
| 2020-02-11 | 1,090,000 | -85,000 | 1,175,000 | -30.8 |
| 2019-02-12 | 1,616,000 | -82,000 | 1,698,000 | 50.0 |
| 2018-02-15 | 1,085,000 | -47,000 | 1,132,000 |
Comerica's free cash flows have a decent average of $1.07 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 9592118369.2%. The compounded average growth rate over this period is 0.0%.
