Is Comerica, Inc. (NYSE: CMA) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

CMA belongs to the Financial sector of the NYSE while operating in the Banks – Regional industry. The current market capitalization of Comerica, Inc. is $7.99B. A total of 1.66 million shares were traded on the day, compared to an average of 2.61M shares.

In the most recent transaction, Moore Christine M sold 2,545 shares of CMA for 57.51 per share on Aug 23 ’24. After the transaction, the EVP and General Auditor now owns 27,910 company shares. In a previous transaction on Aug 23 ’24, Moore Christine M bought 2,545 shares at 57.51 per share.

Among the insiders who sold shares, McKinney Cassandra M. disposed of 7,271 shares on Apr 24 ’24 at a per-share price of $52.59. This resulted in the EVP holding 7,236 shares of CMA after the transaction. In another insider transaction, Bridges Wendy sold 3,034 shares at $52.74 per share on Feb 12 ’24. Company shares held by the EVP now total 17,460.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Comerica, Inc. pays an annual dividend of $2.84, resulting in a dividend yield of 4.72%, and it has a price to earnings (P/E) ratio of 13.32. CMA’s most recent ex-dividend date was 9/13/2024 when it declared a $0.71 quarterly dividend that was paid in cash on 10/1/2024. Previously, the company paid the dividend on 7/1/2024 with an ex-dividend date of 6/14/2024. The CMA stock dividend was $0.71 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CMA has a high of $61.74 and a low of $37.40.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $43.49, while its Total Shareholder’s Equity was $7.90B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CMA is Buy with a score of 3.39.

Most Popular

Related Posts