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How to buy Comerica Incorporated stock | $40.65
Own Comerica Incorporated stock in just a few minutes.
Comerica Incorporated is a banks—regional business based in the US. Comerica Incorporated shares (CMA) are listed on the NYSE and all prices are listed in US Dollars. Comerica Incorporated employs 7,777 staff and has a trailing 12-month revenue of around USD$2.5 billion.
How to buy shares in Comerica Incorporated
- 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.
- 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.
- Search for Comerica Incorporated Find the stock by name or ticker symbol: CMA. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Comerica Incorporated reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$40.65, 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 Comerica Incorporated, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Comerica Incorporated. 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.
What's in this guide?
- Comerica Incorporated shares summary
- Compare share dealing platforms
- Is Comerica Incorporated stock a buy or sell?
- Comerica Incorporated performance over time
- Can I short Comerica Incorporated shares?
- Is Comerica Incorporated suitable for ethical investing?
- Are Comerica Incorporated shares over-valued?
- Comerica Incorporated's financials
- How volatile are Comerica Incorporated shares?
- Does Comerica Incorporated pay a dividend?
- Have Comerica Incorporated shares ever split?
- Other common questions
How has coronavirus impacted Comerica Incorporated's share price?
Since the stock market crash in March caused by coronavirus, Comerica Incorporated's share price has had significant negative movement.
Its last market close was USD$40.65, which is 34.94% down on its pre-crash value of USD$62.48 and 67.42% up on the lowest point reached during the March crash when the shares fell as low as USD$24.28.
If you had bought USD$1,000 worth of Comerica Incorporated shares at the start of February 2020, those shares would have been worth USD$440.99 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$655.68.
Comerica Incorporated share price
Use our graph to track the performance of CMA stocks over time.Comerica Incorporated shares at a glance
Information last updated 2020-09-20.
| Latest market close | USD$40.65 |
|---|---|
| 52-week range | USD$24.28 - USD$73.43 |
| 50-day moving average | USD$40.0217 |
| 200-day moving average | USD$36.4863 |
| Wall St. target price | USD$40.69 |
| PE ratio | 9.8241 |
| Dividend yield | USD$2.72 (6.67%) |
| Earnings per share (TTM) | USD$4.202 |
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Is it a good time to buy Comerica Incorporated 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.
Comerica Incorporated price performance over time
Historical closes compared with the last close of $40.65
| 1 week (2020-09-11) | N/A |
|---|---|
| 1 month (2020-08-18) | N/A |
| 3 months (2020-06-22) | 2.76% |
| 6 months (2020-03-20) | 40.51% |
| 1 year (2019-09-18) | N/A |
|---|---|
| 2 years (2018-09-18) | N/A |
| 3 years (2017-09-18) | N/A |
| 5 years (2015-09-18) | N/A |
Is Comerica Incorporated under- or over-valued?
Valuing Comerica Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Comerica Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Comerica Incorporated's P/E ratio
Comerica Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Comerica Incorporated shares trade at around 10x 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.
Comerica Incorporated's PEG ratio
Comerica Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 23.8143. 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 Comerica Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Comerica Incorporated financials
| Revenue TTM | USD$2.5 billion |
|---|---|
| Operating margin TTM | 32.52% |
| Gross profit TTM | USD$3.3 billion |
| Return on assets TTM | 0.78% |
| Return on equity TTM | 8.05% |
| Profit margin | 24.09% |
| Book value | $53.272 |
| Market capitalisation | USD$5.7 billion |
TTM: trailing 12 months
Shorting Comerica Incorporated shares
There are currently 4.7 million Comerica Incorporated shares held short by investors – that's known as Comerica Incorporated's "short interest". This figure is 18.9% down from 5.8 million last month.
There are a few different ways that this level of interest in shorting Comerica Incorporated shares can be evaluated.
Comerica Incorporated's "short interest ratio" (SIR)
Comerica Incorporated's "short interest ratio" (SIR) is the quantity of Comerica Incorporated shares currently shorted divided by the average quantity of Comerica Incorporated shares traded daily (recently around 1.5 million). Comerica Incorporated's SIR currently stands at 3.19. In other words for every 100,000 Comerica Incorporated shares traded daily on the market, roughly 3190 shares are currently held short.
However Comerica Incorporated's short interest can also be evaluated against the total number of Comerica Incorporated shares, or, against the total number of tradable Comerica Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Comerica Incorporated's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Comerica Incorporated shares in existence, roughly 30 shares are currently held short) or 0.0389% of the tradable shares (for every 100,000 tradable Comerica Incorporated shares, roughly 39 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Comerica Incorporated.
Find out more about how you can short Comerica Incorporated stock.
Comerica Incorporated'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 Comerica Incorporated.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Comerica Incorporated's total ESG risk score
Total ESG risk: 26.13
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Comerica Incorporated's overall score of 26.13 (as at 08/01/2020) is nothing to write home about – landing it in it in the 43rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Comerica Incorporated 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.).
Comerica Incorporated's environmental score
Environmental score: 2.6/100
Comerica Incorporated's environmental score of 2.6 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Comerica Incorporated is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Comerica Incorporated's social score
Social score: 11.43/100
Comerica Incorporated's social score of 11.43 puts it squarely in the 1st percentile of companies rated in the same sector. This could suggest that Comerica Incorporated is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Comerica Incorporated's governance score
Governance score: 13.11/100
Comerica Incorporated's governance score puts it squarely in the 1st percentile of companies rated in the same sector. That could suggest that Comerica Incorporated is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Comerica Incorporated's controversy score
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Comerica Incorporated scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Comerica Incorporated has, for the most part, managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
Comerica Incorporated was last rated for ESG on: 2020-08-01.
| Total ESG score | 26.13 |
|---|---|
| Total ESG percentile | 43.42 |
| Environmental score | 2.6 |
| Environmental score percentile | 1 |
| Social score | 11.43 |
| Social score percentile | 1 |
| Governance score | 13.11 |
| Governance score percentile | 1 |
| Level of controversy | 2 |
Comerica Incorporated share dividends
Dividend payout ratio: 65.06% of net profits
Recently Comerica Incorporated has paid out, on average, around 65.06% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.67% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Comerica Incorporated shareholders could enjoy a 6.67% return on their shares, in the form of dividend payments. In Comerica Incorporated's case, that would currently equate to about $2.72 per share.
Comerica Incorporated's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Comerica Incorporated's most recent dividend payout was on 1 October 2020. The latest dividend was paid out to all shareholders who bought their shares by 14 September 2020 (the "ex-dividend date").
Have Comerica Incorporated's shares ever split?
Comerica Incorporated's shares were split on a 3:2 basis on 2 April 1998. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Comerica Incorporated shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Comerica Incorporated shares which in turn could have impacted Comerica Incorporated's share price.
Comerica Incorporated share price volatility
Over the last 12 months, Comerica Incorporated's shares have ranged in value from as little as $24.28 up to $73.43. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Comerica Incorporated's is 1.8261. This would suggest that Comerica Incorporated's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Comerica Incorporated overview
Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management. The Business Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities. The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. It also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services. It also sells annuity products; and life, disability, and long-term care insurance products. The Finance segment engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, Michigan, Arizona and Florida, as well as in Canada and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.
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