Comerica logged a -8.5% change during today's evening session, and is now trading at a price of $37.95 per share. The S&P 500 index moved -1.0%. CMA's trading volume is 5,349,504 compared to the stock's average volume of 2,071,368.
Comerica trades -26.41% away from its average analyst target price of $51.57 per share. The 21 analysts following the stock have set target prices ranging from $44.0 to $75.0, and on average have given Comerica a rating of buy.
If you are considering an investment in CMA, you'll want to know the following:
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Comerica's current price is -54.7% below its Graham number of $83.77, which implies the stock has a margin of safety
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Comerica has moved -40.0% over the last year, and the S&P 500 logged a change of 13.0%
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Based on its trailing earnings per share of 9.58, Comerica has a trailing 12 month Price to Earnings (P/E) ratio of 4.0 while the S&P 500 average is 15.97
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CMA has a forward P/E ratio of 6.3 based on its forward 12 month price to earnings (EPS) of $6.06 per share
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The company has a price to earnings growth (PEG) ratio of -0.52 — a number near or below 1 signifying that Comerica is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.09 compared to its sector average of 1.57
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Comerica Incorporated, through its subsidiaries, provides various financial products and services.
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Based in Dallas, the company has 7,280 full time employees and a market cap of $5.0 Billion. Comerica currently returns an annual dividend yield of 6.8%.