Is Comerica Stock a Good Investment?
Comerica Investment Advice | CMA |
- Examine Comerica's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Comerica's leadership team and their track record. Good management can help Comerica navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Comerica's business and its evolving consumer preferences.
- Compare Comerica's performance and market position to its competitors. Analyze how Comerica is positioned in terms of product offerings, innovation, and market share.
- Check if Comerica pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Comerica's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Comerica stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Comerica is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Comerica Stock
Researching Comerica's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Comerica has Price/Earnings To Growth (PEG) ratio of 0.32. The entity last dividend was issued on the 13th of December 2024. The firm had 3:2 split on the 2nd of April 1998.
To determine if Comerica is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Comerica's research are outlined below:
| Comerica has a poor financial position based on the latest SEC disclosures | |
| Over 88.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of October 2024 Comerica paid $ 0.71 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Comerica Inc Shares Up 2.43 percent on Nov 21 |
Comerica uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Comerica. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Comerica's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 19th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 17th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Comerica's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Comerica's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-04-21 | 2009-03-31 | -0.09 | -0.16 | -0.07 | 77 | ||
2016-07-19 | 2016-06-30 | 0.69 | 0.77 | 0.08 | 11 | ||
2010-10-20 | 2010-09-30 | 0.41 | 0.33 | -0.08 | 19 | ||
2011-04-19 | 2011-03-31 | 0.48 | 0.57 | 0.09 | 18 | ||
2010-01-21 | 2009-12-31 | -0.5 | -0.41 | 0.09 | 18 | ||
2016-10-18 | 2016-09-30 | 0.74 | 0.84 | 0.1 | 13 | ||
2002-07-17 | 2002-06-30 | 1 | 0.9 | -0.1 | 10 | ||
2016-04-19 | 2016-03-31 | 0.45 | 0.34 | -0.11 | 24 |
Know Comerica's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Comerica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Comerica backward and forwards among themselves. Comerica's institutional investor refers to the entity that pools money to purchase Comerica's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 2.1 M | Millennium Management Llc | 2024-06-30 | 2 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 1.8 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-09-30 | 1.7 M | First Trust Advisors L.p. | 2024-06-30 | 1.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.5 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Moore Capital Management, Lp | 2024-06-30 | 1.3 M | Samlyn Capital, Llc | 2024-09-30 | 1.2 M | Blackrock Inc | 2024-06-30 | 19.3 M | Vanguard Group Inc | 2024-09-30 | 14.8 M |
Comerica's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 9.35 B.Market Cap |
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Comerica's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.14 | 0.14 |
Determining Comerica's profitability involves analyzing its financial statements and using various financial metrics to determine if Comerica is a good buy. For example, gross profit margin measures Comerica's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Comerica's profitability and make more informed investment decisions.
Please note, the presentation of Comerica's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Comerica's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Comerica's management manipulating its earnings.
Evaluate Comerica's management efficiency
At present, Comerica's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.01. At present, Comerica's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 20.4 B, whereas Total Assets are forecasted to decline to about 59.4 B. Comerica's management efficiency ratios could be used to measure how well Comerica manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 48.53 | 37.41 | |
| Tangible Book Value Per Share | 43.72 | 36.16 | |
| Enterprise Value Over EBITDA | 6.39 | 9.34 | |
| Price Book Value Ratio | 1.15 | 1.75 | |
| Enterprise Value Multiple | 6.39 | 9.34 | |
| Price Fair Value | 1.15 | 1.75 | |
| Enterprise Value | 4.6 B | 7.7 B |
Comerica has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0399 | Forward Dividend Yield 0.0399 | Forward Dividend Rate 2.84 | Beta 1.24 |
Basic technical analysis of Comerica Stock
As of the 24th of November, Comerica shows the Downside Deviation of 1.77, mean deviation of 1.5, and Risk Adjusted Performance of 0.1578. Comerica technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Comerica's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Comerica insiders, such as employees or executives, is commonly permitted as long as it does not rely on Comerica's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Comerica insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Comerica's Outstanding Corporate Bonds
Comerica issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Comerica uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Comerica bonds can be classified according to their maturity, which is the date when Comerica has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| COMCAST PORATION Corp BondUS20030NDG34 | View | |
| COMCAST PORATION Corp BondUS20030NDA63 | View | |
| COMCAST PORATION Corp BondUS20030NCZ24 | View | |
| COMCAST PORATION Corp BondUS20030NCY58 | View | |
| CMCSA 2937 01 NOV 56 Corp BondUS20030NDU28 | View | |
| CMCSA 2987 01 NOV 63 Corp BondUS20030NDW83 | View | |
| COMCAST PORATION Corp BondUS20030NDP33 | View | |
| COMCAST PORATION Corp BondUS20030NDQ16 | View |
Understand Comerica's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Comerica's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1578 | |||
| Market Risk Adjusted Performance | 0.2212 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.36 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 506.99 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.85 | |||
| Information Ratio | 0.1379 | |||
| Jensen Alpha | 0.1818 | |||
| Total Risk Alpha | 0.0776 | |||
| Sortino Ratio | 0.1721 | |||
| Treynor Ratio | 0.2112 | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.53 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 1.86 | |||
| Expected Short fall | (1.66) | |||
| Skewness | 1.66 | |||
| Kurtosis | 7.54 |
| Risk Adjusted Performance | 0.1578 | |||
| Market Risk Adjusted Performance | 0.2212 | |||
| Mean Deviation | 1.5 | |||
| Semi Deviation | 1.36 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 506.99 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.85 | |||
| Information Ratio | 0.1379 | |||
| Jensen Alpha | 0.1818 | |||
| Total Risk Alpha | 0.0776 | |||
| Sortino Ratio | 0.1721 | |||
| Treynor Ratio | 0.2112 | |||
| Maximum Drawdown | 14.1 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 3.53 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 1.86 | |||
| Expected Short fall | (1.66) | |||
| Skewness | 1.66 | |||
| Kurtosis | 7.54 |
Consider Comerica's intraday indicators
Comerica intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Comerica stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Comerica Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 28th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 22nd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Comerica Stock media impact
Far too much social signal, news, headlines, and media speculation about Comerica that are available to investors today. That information is available publicly through Comerica media outlets and privately through word of mouth or via Comerica internal channels. However, regardless of the origin, that massive amount of Comerica data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Comerica news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Comerica relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Comerica's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Comerica alpha.
Comerica Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Comerica can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Comerica Historical Investor Sentiment
Investor biases related to Comerica's public news can be used to forecast risks associated with an investment in Comerica. The trend in average sentiment can be used to explain how an investor holding Comerica can time the market purely based on public headlines and social activities around Comerica. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Comerica's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comerica and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Comerica news discussions. The higher the estimate score, the more favorable the investor's outlook on Comerica.
Comerica Corporate Directors
| Reginald Turner | Independent Director | Profile | |
| Richard Lindner | Independent Director | Profile | |
| Michael Collins | Independent Director | Profile | |
| Ximena Humrichouse | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 2.84 | Earnings Share 4 | Revenue Per Share 23.812 | Quarterly Revenue Growth (0.1) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Comerica's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.