NYSE - Nasdaq Real Time Price • USD
Comerica Incorporated (CMA)
As of 1:49 PM EDT. Market Open.
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 21 | 21 | 23 | 23 |
| Avg. Estimate | 1.25 | 1.34 | 5.2 | 6.08 |
| Low Estimate | 1.09 | 1.21 | 4.65 | 5.1 |
| High Estimate | 1.39 | 1.57 | 5.83 | 6.6 |
| Year Ago EPS | 2.01 | 1.84 | 7.75 | 5.2 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 17 | 16 | 21 | 21 |
| Avg. Estimate | 820.52M | 848.17M | 3.35B | 3.58B |
| Low Estimate | 806.6M | 836.51M | 3.28B | 3.37B |
| High Estimate | 842M | 876M | 3.44B | 3.73B |
| Year Ago Sales | 902.75M | -- | 3.59B | 3.35B |
| Sales Growth (year/est) | -9.10% | -- | -6.80% | 6.90% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 1.86 | 1.69 | 1.36 | 1.12 |
| EPS Actual | 2.01 | 1.84 | 1.46 | 1.29 |
| Difference | 0.15 | 0.15 | 0.1 | 0.17 |
| Surprise % | 8.10% | 8.90% | 7.40% | 15.20% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.25 | 1.34 | 5.2 | 6.08 |
| 7 Days Ago | 1.25 | 1.35 | 5.19 | 6.04 |
| 30 Days Ago | 1.3 | 1.41 | 5.34 | 6.15 |
| 60 Days Ago | 1.31 | 1.41 | 5.32 | 6.19 |
| 90 Days Ago | 1.42 | 1.44 | 5.63 | 6.35 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 2 | 1 | 2 | 3 |
| Up Last 30 Days | 5 | 3 | 5 | 7 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 3 | 5 | 2 | 1 |
Growth Estimates
| CURRENCY IN USD | CMA | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -37.80% | -- | -- | 0.80% |
| Next Qtr. | -27.20% | -- | -- | 9.60% |
| Current Year | -32.90% | -- | -- | 4.50% |
| Next Year | 16.90% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -10.70% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 2.02% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | RBC Capital: Outperform to Outperform | 4/19/2024 |
| Maintains | UBS: Neutral to Neutral | 4/19/2024 |
| Reiterates | Stephens & Co.: Overweight to Overweight | 4/19/2024 |
| Initiated | Deutsche Bank: Hold | 4/10/2024 |
| Maintains | RBC Capital: Outperform to Outperform | 4/9/2024 |
| Maintains | Jefferies: Buy to Buy | 4/8/2024 |
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