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How to buy Canadian Imperial Bank of Commerce stock | $86.73

Own Canadian Imperial Bank of Commerce stock in just a few minutes.

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Canadian Imperial Bank of Commerce is a banks—diversified business based in the US. Canadian Imperial Bank of Commerce shares (CM) are listed on the NYSE and all prices are listed in US Dollars. Canadian Imperial Bank of Commerce employs 43,952 staff and has a market cap (total outstanding shares value) of USD$33.8 billion.

How to buy shares in Canadian Imperial Bank of Commerce

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Canadian Imperial Bank of Commerce. Find the stock by name or ticker symbol: CM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Canadian Imperial Bank of Commerce reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$86.73, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Canadian Imperial Bank of Commerce, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Canadian Imperial Bank of Commerce. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Canadian Imperial Bank of Commerce share price

Use our graph to track the performance of CM stocks over time.

Canadian Imperial Bank of Commerce shares at a glance

Information last updated 2020-10-20.
Latest market close USD$86.73
52-week range USD$46.45 - USD$87.62
50-day moving average USD$77.0977
200-day moving average USD$68.7116
Wall St. target price USD$98.97
PE ratio 11.7163
Dividend yield USD$4.37 (5.71%)
Earnings per share (TTM) USD$8.758

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Canadian Imperial Bank of Commerce stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Canadian Imperial Bank of Commerce price performance over time

Historical closes compared with the close of $86.73 from 2020-12-04

1 week (2020-11-25) 1.13%
1 month (2020-11-03) 11.84%
3 months (2020-09-03) 9.03%
6 months (2020-06-03) 22.81%
1 year (2019-12-03) 0.91%
2 years (2018-12-03) 3.27%
3 years (2017-12-02) N/A
5 years (2015-12-03) 17.28%

Is Canadian Imperial Bank of Commerce under- or over-valued?

Valuing Canadian Imperial Bank of Commerce stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Imperial Bank of Commerce's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Imperial Bank of Commerce's P/E ratio

Canadian Imperial Bank of Commerce's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Canadian Imperial Bank of Commerce shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Canadian Imperial Bank of Commerce's PEG ratio

Canadian Imperial Bank of Commerce's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.11. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Imperial Bank of Commerce's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Canadian Imperial Bank of Commerce financials

Gross profit TTM USD$17.3 billion
Return on assets TTM 0.56%
Return on equity TTM 10.16%
Profit margin 24.27%
Book value $55.498
Market capitalisation USD$33.8 billion

TTM: trailing 12 months

Shorting Canadian Imperial Bank of Commerce shares

There are currently 8.2 million Canadian Imperial Bank of Commerce shares held short by investors – that's known as Canadian Imperial Bank of Commerce's "short interest". This figure is 64.3% up from 5.0 million last month.

There are a few different ways that this level of interest in shorting Canadian Imperial Bank of Commerce shares can be evaluated.

Canadian Imperial Bank of Commerce's "short interest ratio" (SIR)

Canadian Imperial Bank of Commerce's "short interest ratio" (SIR) is the quantity of Canadian Imperial Bank of Commerce shares currently shorted divided by the average quantity of Canadian Imperial Bank of Commerce shares traded daily (recently around 486422.65951103). Canadian Imperial Bank of Commerce's SIR currently stands at 16.77. In other words for every 100,000 Canadian Imperial Bank of Commerce shares traded daily on the market, roughly 16770 shares are currently held short.

However Canadian Imperial Bank of Commerce's short interest can also be evaluated against the total number of Canadian Imperial Bank of Commerce shares, or, against the total number of tradable Canadian Imperial Bank of Commerce shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canadian Imperial Bank of Commerce's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Canadian Imperial Bank of Commerce shares in existence, roughly 20 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Canadian Imperial Bank of Commerce shares, roughly 0 shares are currently held short).

A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Canadian Imperial Bank of Commerce.

Find out more about how you can short Canadian Imperial Bank of Commerce stock.

Canadian Imperial Bank of Commerce's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Canadian Imperial Bank of Commerce.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Canadian Imperial Bank of Commerce's total ESG risk score

Total ESG risk: 26.2

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Canadian Imperial Bank of Commerce's overall score of 26.2 (as at 10/01/2020) is pretty good – landing it in it in the 33rd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Canadian Imperial Bank of Commerce is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Canadian Imperial Bank of Commerce's environmental score

Environmental score: 3.6/100

Canadian Imperial Bank of Commerce's environmental score of 3.6 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Canadian Imperial Bank of Commerce is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Canadian Imperial Bank of Commerce's social score

Social score: 13.2/100

Canadian Imperial Bank of Commerce's social score of 13.2 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Canadian Imperial Bank of Commerce is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Canadian Imperial Bank of Commerce's governance score

Governance score: 7.4/100

Canadian Imperial Bank of Commerce's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Canadian Imperial Bank of Commerce is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Canadian Imperial Bank of Commerce's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Canadian Imperial Bank of Commerce scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Canadian Imperial Bank of Commerce has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Canadian Imperial Bank of Commerce was last rated for ESG on: 2020-10-01.

Total ESG score 26.2
Total ESG percentile 33.14
Environmental score 3.6
Environmental score percentile 4
Social score 13.2
Social score percentile 4
Governance score 7.4
Governance score percentile 4
Level of controversy 2

Canadian Imperial Bank of Commerce share dividends

33%

Dividend payout ratio: 33.46% of net profits

Recently Canadian Imperial Bank of Commerce has paid out, on average, around 33.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.71% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canadian Imperial Bank of Commerce shareholders could enjoy a 5.71% return on their shares, in the form of dividend payments. In Canadian Imperial Bank of Commerce's case, that would currently equate to about $4.37 per share.

While Canadian Imperial Bank of Commerce's payout ratio might seem fairly standard, it's worth remembering that Canadian Imperial Bank of Commerce may be investing much of the rest of its net profits in future growth.

Canadian Imperial Bank of Commerce's most recent dividend payout was on 28 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 25 September 2020 (the "ex-dividend date").

Canadian Imperial Bank of Commerce share price volatility

Over the last 12 months, Canadian Imperial Bank of Commerce's shares have ranged in value from as little as $46.45 up to $87.62. A popular way to gauge a stock's volatility is its "beta".

CM.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Canadian Imperial Bank of Commerce's is 1.0383. This would suggest that Canadian Imperial Bank of Commerce's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Canadian Imperial Bank of Commerce overview

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. It offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. Canadian Imperial Bank of Commerce also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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