Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Comerica, Inc (NYSE: CMA) closed at $60.48 in the last session, up 2.42% from day before closing price of $59.05. In other words, the price has increased by $2.42 from its previous closing price. On the day, 1.84 million shares were traded. CMA stock price reached its highest trading level at $60.63 during the session, while it also had its lowest trading level at $59.34.
Ratios:
We take a closer look at CMA’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 0.86.
Wells Fargo Upgraded its Underweight to Equal Weight on November 15, 2024, while the target price for the stock was maintained at $73.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’25 when McKinney Cassandra M. bought 2,783 shares for $58.91 per share.
McKinney Cassandra M. bought 1,630 shares of CMA for $107,833 on Jan 31 ’25. On Dec 02 ’24, another insider, Bailey Corey R, who serves as the Executive Vice President of the company, sold 1,857 shares for $71.36 each. As a result, the insider received 132,516 and left with 25,817 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMA now has a Market Capitalization of 7935339008 and an Enterprise Value of 8772084736. As of this moment, Comerica,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.05, and their Forward P/E ratio for the next fiscal year is 10.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 2.746.
Stock Price History:
The Beta on a monthly basis for CMA is 0.99, which has changed by 0.16307688 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, CMA has reached a high of $73.45, while it has fallen to a 52-week low of $45.32. The 50-Day Moving Average of the stock is -4.29%, while the 200-Day Moving Average is calculated to be 1.00%.
Shares Statistics:
According to the various share statistics, CMA traded on average about 2.04M shares per day over the past 3-months and 2261260 shares per day over the past 10 days. A total of 131.41M shares are outstanding, with a floating share count of 129.90M. Insiders hold about 0.99% of the company’s shares, while institutions hold 82.74% stake in the company. Shares short for CMA as of 1740700800 were 6263809 with a Short Ratio of 3.07, compared to 1738281600 on 4127599. Therefore, it implies a Short% of Shares Outstanding of 6263809 and a Short% of Float of 5.48.
Dividends & Splits
The forward annual dividend rate for CMA is 2.84, which was 2.84 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.048094835The stock’s 5-year Average Dividend Yield is 4.91. The current Payout Ratio is 56.71% for CMA, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 1998-04-02 when the company split stock in a 3:2 ratio.
