TSE:CM Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis C$80.47 -0.24 (-0.30%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$79.67▼C$81.7250-Day RangeC$65.05▼C$80.7152-Week RangeC$47.44▼C$81.72Volume3.09 million shsAverage Volume3.68 million shsMarket CapitalizationC$75.88 billionP/E Ratio12.29Dividend Yield4.47%Price TargetC$79.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Canadian Imperial Bank of Commerce alerts: Email Address Canadian Imperial Bank of Commerce MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.58 Rating ScoreUpside/Downside1.6% DownsideC$79.15 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.44Based on 15 Articles This WeekInsider TradingSelling SharesC$2.98 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.96 out of 5 stars 2.3 Analyst's Opinion Consensus RatingCanadian Imperial Bank of Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 8 buy ratings, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageCanadian Imperial Bank of Commerce has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Canadian Imperial Bank of Commerce's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CM. Previous Next 2.5 Dividend Strength Dividend LeadershipCanadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 4.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCanadian Imperial Bank of Commerce does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Canadian Imperial Bank of Commerce is 54.96%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Canadian Imperial Bank of Commerce's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CM. Previous Next 2.5 News and Social Media Coverage News SentimentCanadian Imperial Bank of Commerce has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Financial Services companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Canadian Imperial Bank of Commerce this week, compared to 3 articles on an average week.Search Interest45 people have searched for CM on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Canadian Imperial Bank of Commerce insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$2,977,958.00 in company stock.Percentage Held by InsidersOnly 0.02% of the stock of Canadian Imperial Bank of Commerce is held by insiders.Percentage Held by Institutions54.02% of the stock of Canadian Imperial Bank of Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Canadian Imperial Bank of Commerce's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Canadian Imperial Bank of Commerce is 12.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Canadian Imperial Bank of Commerce is 12.29, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 414.36.Price to Earnings Growth RatioCanadian Imperial Bank of Commerce has a PEG Ratio of 3.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCanadian Imperial Bank of Commerce has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Canadian Imperial Bank of Commerce's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Canadian Imperial Bank of Commerce Stock (TSE:CM)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. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments. It offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; and small business financing and overdraft protection services. The company also provides investment and insurance services; credit cards; and ATMs, as well as mobile, online, and global money and wire transfer services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.Read More CM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CM Stock News HeadlinesSeptember 3, 2024 | americanbankingnews.comAnalysts Offer Predictions for Canadian Imperial Bank of Commerce's FY2024 Earnings (TSE:CM)September 2, 2024 | americanbankingnews.comFY2025 Earnings Estimate for Canadian Imperial Bank of Commerce Issued By National Bank Financial (TSE:CM)September 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…September 1, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Price Target Lowered to C$91.00 at TD SecuritiesSeptember 1, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Price Target Raised to C$74.00 at Royal Bank of CanadaSeptember 1, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Price Target Raised to C$81.00 at BMO Capital MarketsSeptember 1, 2024 | americanbankingnews.comNational Bankshares Increases Canadian Imperial Bank of Commerce (TSE:CM) Price Target to C$86.00September 1, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) PT Raised to C$83.00 at DesjardinsSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…September 1, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) PT Raised to C$77.00 at BarclaysAugust 31, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Upgraded to "Buy" by Bank of AmericaAugust 31, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Upgraded to Buy by CormarkAugust 31, 2024 | americanbankingnews.comCanadian Imperial Bank of Commerce (TSE:CM) Price Target Increased to C$85.00 by Analysts at ScotiabankAugust 31, 2024 | bloomberg.comRBC, CIBC Pull Away From Canada Peers on Better Credit ForecastAugust 31, 2024 | seekingalpha.comCIBC upgraded to Buy at BofA on strong execution, improved ROE outlookAugust 31, 2024 | markets.businessinsider.comDesjardins Remains a Buy on Canadian Bank of Commerce (CM)August 31, 2024 | markets.businessinsider.comNational Bank Sticks to Its Buy Rating for Canadian Bank of Commerce (CM)August 29, 2024 | bloomberg.comCIBC Beats Estimates as US Office Woes Ease, Credit ImprovesSee More Headlines Receive CM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Canadian Imperial Bank of Commerce and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/24/2017Ex-Dividend for 7/29 Dividend6/28/2024Dividend Payable7/29/2024Today9/07/2024Ex-Dividend for 10/28 Dividend9/27/2024Dividend Payable10/28/2024Next Earnings (Estimated)12/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorFinancial Services Industry Banks - Diversified Sub-IndustryN/A Current SymbolTSE:CM CUSIPN/A CIKN/A Webwww.cibc.com Phone+1-416-9802211FaxN/AEmployees48,047Year FoundedN/APrice Target and Rating Average Stock Price TargetC$79.15 High Stock Price TargetC$91.00 Low Stock Price TargetC$56.00 Potential Upside/Downside-1.6%Consensus RatingModerate Buy Rating Score (0-4)2.58 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.55 Trailing P/E Ratio12.29 Forward P/E Ratio10.99 P/E Growth3.01Net IncomeC$6.09 billion Net Margins29.25% Pretax MarginN/A Return on Equity11.92% Return on Assets0.66% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesC$21.70 billion Price / Sales3.50 Cash FlowC$365.94 per share Price / Cash Flow0.22 Book ValueC$55.79 per share Price / Book1.44Miscellaneous Outstanding Shares943,000,000Free FloatN/AMarket CapC$75.88 billion OptionableNot Optionable Beta1.12 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Victor G. Dodig (Age 58)President, CEO & Director Comp: $2.94MMr. Harry K. CulhamSenior EVP and Group Head of Capital Markets & Direct Financial ServicesMr. Jon HountalasSenior EVP & Group Head of Canadian BankingMr. Hratch PanossianSenior EVP & Head of Personal and Business BankingMr. Shawn BeberSenior EVP & Group Head of US RegionMr. Robert Sedran C.F.A. (Age 52)Senior EVP & CFO Ms. Christina C. KramerSenior EVP and Group Head of Technology, Infrastructure & InnovationMs. Kikelomo LawalExecutive VP & Chief Legal OfficerMs. Sandra R. Sharman (Age 61)Senior EVP and Group Head of People, Culture & Brand Mr. Michael G. CapatidesVice-Chair of CIBC Bank USAMore ExecutivesKey CompetitorsRoyal Bank of CanadaTSE:RYToronto-Dominion BankTSE:TDBank of Nova ScotiaTSE:BNSBank of MontrealTSE:BMONational Bank of CanadaTSE:NAView All CompetitorsInsidersJohn HountalasSold 20,808 sharesTotal: C$1.37 M ($65.97/share)Christina Charlotte KramerSold 23,782 sharesTotal: C$1.61 M ($67.50/share)Christina Charlotte KramerSold 15,446 sharesTotal: C$883,356.74 ($57.19/share)View All Insider Transactions Should I Buy Canadian Imperial Bank of Commerce Stock? CM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Canadian Imperial Bank of Commerce: The stock price of Canadian Imperial Bank of Commerce is currently trading at C$70.51, showing stability and potential for growth. The company has a market capitalization of C$66.09 billion, indicating a strong position in the market. Canadian Imperial Bank of Commerce pays a quarterly dividend of $0.90, providing investors with a steady income stream. The firm has a low price-to-earnings ratio of 10.86, suggesting the stock may be undervalued compared to its earnings. Insider buying and selling activities can provide insights into the company's performance and future prospects. Cons Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons: The P/E/G ratio of 3.01 indicates that the stock may be overvalued relative to its expected growth rate. The company's 52-week high of C$71.05 suggests limited potential for significant short-term capital appreciation. Recent insider selling activities by senior officers may raise concerns about the company's future performance. The beta of 1.11 implies the stock's price is relatively sensitive to market movements, increasing investment risk. Analysts' average price target of C$69.64 may indicate limited upside potential for the stock. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 25, 2024. Please send any questions or comments about these Canadian Imperial Bank of Commerce pros and cons to contact@marketbeat.com. CM Stock Analysis - Frequently Asked Questions How have CM shares performed this year? Canadian Imperial Bank of Commerce's stock was trading at C$63.80 at the beginning of the year. Since then, CM shares have increased by 26.1% and is now trading at C$80.47. View the best growth stocks for 2024 here. How were Canadian Imperial Bank of Commerce's earnings last quarter? Canadian Imperial Bank of Commerce (TSE:CM) announced its earnings results on Thursday, August, 24th. The company reported $2.77 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.14. The business earned $4.10 billion during the quarter, compared to analyst estimates of $4.01 billion. Canadian Imperial Bank of Commerce had a trailing twelve-month return on equity of 11.92% and a net margin of 29.25%. How do I buy shares of Canadian Imperial Bank of Commerce? Shares of CM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What other stocks do shareholders of Canadian Imperial Bank of Commerce own? Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Imperial Bank of Commerce investors own include Toronto-Dominion Bank (TD), Intact Financial (IFC), Bank of Nova Scotia (BNS), Constellation Software (CSU), Royal Bank of Canada (RY), Enbridge (ENB) and Bank of Montreal (BMO). This page (TSE:CM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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