Desjardins Has Bullish Forecast for CM Q4 Earnings

Canadian Imperial Bank of Commerce (NYSE:CM - Free Report) TSE: CM - Stock analysts at Desjardins boosted their Q4 2025 earnings estimates for Canadian Imperial Bank of Commerce in a research report issued to clients and investors on Thursday, February 27th. Desjardins analyst D. Young now forecasts that the bank will post earnings of $1.41 per share for the quarter, up from their previous estimate of $1.40. The consensus estimate for Canadian Imperial Bank of Commerce's current full-year earnings is $5.50 per share.

Other research analysts have also recently issued reports about the stock. StockNews.com raised shares of Canadian Imperial Bank of Commerce from a "sell" rating to a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada raised shares of Canadian Imperial Bank of Commerce from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $97.00 to $103.00 in a report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $92.00.

Canadian Imperial Bank of Commerce Stock Down 3.8 %

Canadian Imperial Bank of Commerce stock traded down $2.28 during trading hours on Monday, hitting $57.47. The stock had a trading volume of 1,420,592 shares, compared to its average volume of 1,139,835. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $54.15 billion, a P/E ratio of 10.74, a price-to-earnings-growth ratio of 1.62 and a beta of 1.05. Canadian Imperial Bank of Commerce has a 12-month low of $46.50 and a 12-month high of $67.45. The stock's 50-day moving average price is $62.25 and its 200-day moving average price is $62.08.

Canadian Imperial Bank of Commerce Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a dividend of $0.6723 per share. The ex-dividend date is Friday, March 28th. This represents a $2.69 annualized dividend and a yield of 4.68%. Canadian Imperial Bank of Commerce's dividend payout ratio (DPR) is 47.67%.

Hedge Funds Weigh In On Canadian Imperial Bank of Commerce

A number of hedge funds have recently modified their holdings of CM. Crews Bank & Trust bought a new position in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth approximately $25,000. Operose Advisors LLC bought a new position in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth $30,000. Sandy Spring Bank purchased a new position in shares of Canadian Imperial Bank of Commerce in the fourth quarter worth $32,000. Finally, IFP Advisors Inc lifted its holdings in shares of Canadian Imperial Bank of Commerce by 318.1% in the fourth quarter. IFP Advisors Inc now owns 531 shares of the bank's stock worth $34,000 after buying an additional 404 shares in the last quarter. 49.88% of the stock is currently owned by institutional investors.

About Canadian Imperial Bank of Commerce

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 Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.