Q2 2025 EPS Estimates for Comerica Incorporated Reduced by Analyst (NYSE:CMA)

Comerica Incorporated (NYSE:CMAFree Report) – Research analysts at Wedbush lowered their Q2 2025 earnings per share (EPS) estimates for shares of Comerica in a note issued to investors on Wednesday, October 9th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will post earnings per share of $1.39 for the quarter, down from their prior forecast of $1.41. Wedbush has a “Outperform” rating and a $75.00 price objective on the stock. The consensus estimate for Comerica’s current full-year earnings is $5.12 per share.

Comerica (NYSE:CMAGet Free Report) last posted its quarterly earnings data on Friday, July 19th. The financial services provider reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.30. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $812.79 million. Comerica had a net margin of 12.15% and a return on equity of 15.01%. During the same period in the prior year, the firm posted $2.01 EPS.

Several other research firms have also issued reports on CMA. Robert W. Baird dropped their price target on Comerica from $72.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, June 20th. DA Davidson reaffirmed a “neutral” rating and issued a $55.00 price target on shares of Comerica in a report on Tuesday, September 10th. StockNews.com cut shares of Comerica from a “hold” rating to a “sell” rating in a report on Friday. Royal Bank of Canada lowered their target price on Comerica from $58.00 to $56.00 and set an “outperform” rating for the company in a report on Monday, July 22nd. Finally, Raymond James raised Comerica from a “market perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a report on Tuesday, July 2nd. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $59.62.

Check Out Our Latest Stock Analysis on CMA

Comerica Stock Up 3.2 %

NYSE:CMA opened at $61.28 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50-day simple moving average of $56.89 and a 200 day simple moving average of $53.47. Comerica has a one year low of $37.40 and a one year high of $61.84. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 12.18 and a beta of 1.23.

Hedge Funds Weigh In On Comerica

A number of hedge funds and other institutional investors have recently modified their holdings of CMA. CX Institutional acquired a new position in shares of Comerica in the third quarter worth about $213,000. Fiduciary Alliance LLC acquired a new stake in Comerica during the 3rd quarter valued at $506,000. Wedmont Private Capital lifted its holdings in shares of Comerica by 11.3% in the third quarter. Wedmont Private Capital now owns 7,684 shares of the financial services provider’s stock valued at $448,000 after purchasing an additional 778 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of Comerica in the third quarter worth $218,000. Finally, GAMMA Investing LLC grew its holdings in shares of Comerica by 35.3% during the third quarter. GAMMA Investing LLC now owns 5,585 shares of the financial services provider’s stock valued at $335,000 after buying an additional 1,457 shares in the last quarter. Institutional investors and hedge funds own 80.74% of the company’s stock.

Insider Buying and Selling

In other news, EVP Christine M. Moore sold 2,545 shares of Comerica stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $57.51, for a total value of $146,362.95. Following the transaction, the executive vice president now owns 27,910 shares of the company’s stock, valued at $1,605,104.10. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.19% of the stock is owned by corporate insiders.

Comerica Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were paid a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $2.84 annualized dividend and a yield of 4.63%. Comerica’s dividend payout ratio is currently 56.46%.

About Comerica

(Get Free Report)

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.

See Also

Earnings History and Estimates for Comerica (NYSE:CMA)

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