Q2 Earnings Estimate for Comerica Issued By DA Davidson

Comerica Incorporated (NYSE:CMA - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 EPS estimates for Comerica in a research note issued to investors on Tuesday, April 22nd. DA Davidson analyst P. Winter forecasts that the financial services provider will earn $1.19 per share for the quarter. DA Davidson has a "Neutral" rating and a $67.00 price target on the stock. The consensus estimate for Comerica's current full-year earnings is $5.28 per share.

Comerica (NYSE:CMA - Get Free Report) last issued its quarterly earnings results on Monday, April 21st. The financial services provider reported $1.25 EPS for the quarter, topping the consensus estimate of $1.14 by $0.11. The business had revenue of $829.00 million for the quarter, compared to analysts' expectations of $839.31 million. Comerica had a net margin of 13.98% and a return on equity of 12.04%. During the same quarter last year, the company posted $1.29 earnings per share.

A number of other equities analysts also recently commented on the stock. Argus raised shares of Comerica to a "hold" rating in a report on Friday, January 31st. Royal Bank of Canada decreased their price target on shares of Comerica from $75.00 to $65.00 and set an "outperform" rating for the company in a report on Tuesday. Robert W. Baird dropped their price objective on shares of Comerica from $80.00 to $75.00 and set an "outperform" rating on the stock in a research note on Tuesday. UBS Group upgraded Comerica from a "sell" rating to a "neutral" rating and set a $59.00 target price for the company in a research note on Thursday, April 10th. Finally, The Goldman Sachs Group dropped their price target on Comerica from $66.00 to $57.00 and set a "neutral" rating on the stock in a research report on Tuesday. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Comerica currently has a consensus rating of "Hold" and a consensus price target of $62.84.

Comerica Price Performance

Shares of CMA opened at $51.51 on Wednesday. Comerica has a 52 week low of $45.32 and a 52 week high of $73.45. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.09. The firm has a market cap of $6.76 billion, a price-to-earnings ratio of 10.26 and a beta of 0.96. The stock has a 50 day moving average of $58.25 and a 200-day moving average of $62.79.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in Comerica by 134.0% during the third quarter. JPMorgan Chase & Co. now owns 856,431 shares of the financial services provider's stock valued at $51,309,000 after buying an additional 490,468 shares in the last quarter. Independent Advisor Alliance purchased a new position in Comerica during the 4th quarter worth approximately $206,000. Jupiter Asset Management Ltd. acquired a new stake in Comerica during the 4th quarter valued at $82,419,000. Bank of Nova Scotia purchased a new stake in shares of Comerica in the fourth quarter valued at $1,320,000. Finally, Franklin Resources Inc. boosted its position in shares of Comerica by 251.1% in the fourth quarter. Franklin Resources Inc. now owns 51,573 shares of the financial services provider's stock worth $3,190,000 after buying an additional 36,883 shares during the period. Institutional investors and hedge funds own 80.74% of the company's stock.

Comerica Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Friday, March 14th. Comerica's dividend payout ratio is presently 56.57%.

About Comerica

Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management, and Finance segments. The Commercial Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, 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.

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