TSE:CM FY2025 EPS Decreased by National Bank Financial

Canadian Imperial Bank of Commerce (TSE:CM - Free Report) NYSE: CM - Analysts at National Bank Financial reduced their FY2025 earnings per share estimates for shares of Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now expects that the company will earn $7.88 per share for the year, down from their prior estimate of $8.04. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce's FY2026 earnings at $8.29 EPS.

Several other equities research analysts also recently commented on the company. Royal Bank of Canada set a C$108.00 price objective on Canadian Imperial Bank of Commerce and gave the company an "outperform" rating in a report on Monday, March 17th. National Bankshares decreased their price target on shares of Canadian Imperial Bank of Commerce from C$101.00 to C$95.00 and set an "outperform" rating for the company in a research note on Monday, April 7th. UBS Group dropped their price objective on shares of Canadian Imperial Bank of Commerce from C$102.00 to C$96.00 in a research note on Friday, February 14th. TD Securities reduced their price objective on shares of Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a "buy" rating for the company in a report on Friday, February 28th. Finally, Scotiabank lowered their target price on shares of Canadian Imperial Bank of Commerce from C$114.00 to C$95.00 and set an "outperform" rating on the stock in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$93.58.

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Canadian Imperial Bank of Commerce Stock Performance

Shares of TSE CM traded up C$0.87 during trading on Wednesday, hitting C$80.16. 662,154 shares of the company traded hands, compared to its average volume of 4,225,867. The business's fifty day moving average is C$83.50 and its 200 day moving average is C$87.07. Canadian Imperial Bank of Commerce has a fifty-two week low of C$64.02 and a fifty-two week high of C$95.50. The firm has a market capitalization of C$74.99 billion, a price-to-earnings ratio of 10.59, a P/E/G ratio of 3.03 and a beta of 1.12.

Canadian Imperial Bank of Commerce Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, March 28th will be given a $0.97 dividend. The ex-dividend date of this dividend is Friday, March 28th. This represents a $3.88 annualized dividend and a yield of 4.84%. Canadian Imperial Bank of Commerce's dividend payout ratio is currently 47.55%.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In other Canadian Imperial Bank of Commerce news, Senior Officer Sandy Sharman sold 1,027 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of C$81.27, for a total transaction of C$83,464.29. Corporate insiders own 0.02% of the company's stock.

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce is Canada's fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.