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TSE:CM

Canadian Imperial Bank of Commerce (CM) Stock Price, News & Analysis

Canadian Imperial Bank of Commerce logo
C$91.48 +0.37 (+0.41%)
(As of 11/22/2024 ET)

About Canadian Imperial Bank of Commerce Stock (TSE:CM)

Key Stats

Today's Range
C$90.72
C$91.63
50-Day Range
C$81.31
C$91.48
52-Week Range
C$51.60
C$91.63
Volume
2.38 million shs
Average Volume
3.68 million shs
Market Capitalization
C$86.45 billion
P/E Ratio
13.24
Dividend Yield
3.94%
Price Target
C$85.25
Consensus Rating
Moderate Buy

Company Overview

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.

Canadian Imperial Bank of Commerce Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
48th Percentile Overall Score

CM MarketRank™: 

Canadian Imperial Bank of Commerce scored higher than 48% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Canadian 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 Coverage

    Canadian Imperial Bank of Commerce has been the subject of 9 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.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Canadian Imperial Bank of Commerce is 13.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.99.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Canadian Imperial Bank of Commerce is 13.24, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 400.57.

  • Price to Earnings Growth Ratio

    Canadian Imperial Bank of Commerce has a PEG Ratio of 3.03. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Canadian Imperial Bank of Commerce has a P/B Ratio of 1.57. 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.
  • Short Interest

    There is no current short interest data available for CM.
  • Dividend Leadership

    Canadian Imperial Bank of Commerce is a leading dividend payer. It pays a dividend yield of 4.25%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Canadian Imperial Bank of Commerce does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Canadian Imperial Bank of Commerce is 52.10%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Canadian Imperial Bank of Commerce's dividend.
  • Short Interest

    There is no current short interest data available for CM.
  • News Sentiment

    Canadian Imperial Bank of Commerce has a news sentiment score of 0.39. 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 is a lower news sentiment than the 0.63 average news sentiment score of Financial Services companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Canadian Imperial Bank of Commerce this week, compared to 3 articles on an average week.
  • Search Interest

    24 people have searched for CM on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Canadian Imperial Bank of Commerce to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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$16,823,249.00 in company stock.

  • Percentage Held by Insiders

    Only 0.02% of the stock of Canadian Imperial Bank of Commerce is held by insiders.

  • Percentage Held by Institutions

    55.98% 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.
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CM Stock News Headlines

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See More Headlines

CM Stock Analysis - Frequently Asked Questions

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 43.4% and is now trading at C$91.48.
View the best growth stocks for 2024 here
.

Canadian Imperial Bank of Commerce (TSE:CM) released its quarterly earnings results on Thursday, August, 29th. The company reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.18. The business earned $6.60 billion during the quarter, compared to analyst estimates of $6.31 billion. Canadian Imperial Bank of Commerce had a trailing twelve-month return on equity of 12.37% and a net margin of 29.56%.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Imperial Bank of Commerce investors own include Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Royal Bank of Canada (RY), Enbridge (ENB), Bank of Montreal (BMO), BCE (BCE) and Intact Financial (IFC).

Company Calendar

Last Earnings
8/29/2024
Ex-Dividend for 10/28 Dividend
9/27/2024
Dividend Payable
10/28/2024
Today
11/24/2024
Next Earnings (Confirmed)
12/05/2024

Industry, Sector and Symbol

Industry
Banks - Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
48,552
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$85.25
High Stock Price Target
C$99.00
Low Stock Price Target
C$70.00
Potential Upside/Downside
-6.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
C$6.46 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$22.70 billion
Cash Flow
C$416.01 per share
Book Value
C$58.37 per share

Miscellaneous

Free Float
N/A
Market Cap
C$86.45 billion
Optionable
Not Optionable
Beta
1.12
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This page (TSE:CM) was last updated on 11/24/2024 by MarketBeat.com Staff
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