Comerica Incorporated (CMA)

Comerica Statistics

Total Valuation

Comerica has a market cap or net worth of $8.04 billion. The enterprise value is $8.61 billion.

Market Cap	8.04B
Enterprise Value	8.61B

Important Dates

The next confirmed earnings date is Wednesday, January 22, 2025, before market open.

Earnings Date	Jan 22, 2025
Ex-Dividend Date	Dec 13, 2024

Share Statistics

Comerica has 131.51 million shares outstanding. The number of shares has increased by 0.56% in one year.

Current Share Class	131.51M
Shares Outstanding	131.51M
Shares Change (YoY)	+0.56%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	0.58%
Owned by Institutions (%)	87.05%
Float	130.63M

Valuation Ratios

The trailing PE ratio is 15.27 and the forward PE ratio is 11.70. Comerica's PEG ratio is 1.20.

PE Ratio	15.27
Forward PE	11.70
PS Ratio	2.57
Forward PS	2.34
PB Ratio	1.16
P/TBV Ratio	1.27
P/FCF Ratio	4.24
P/OCF Ratio	3.87
PEG Ratio	1.20

Enterprise Valuation

EV / Earnings	16.10
EV / Sales	2.73
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	4.54

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	3.91
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.09%.

Return on Equity (ROE)	9.09%
Return on Assets (ROA)	0.68%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$402,009
Profits Per Employee	$68,040
Employee Count	7,863
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Comerica has paid $162.00 million in taxes.

Income Tax	162.00M
Effective Tax Rate	22.41%

Stock Price Statistics

The stock price has increased by +9.74% in the last 52 weeks. The beta is 1.25, so Comerica's price volatility has been higher than the market average.

Beta (5Y)	1.25
52-Week Price Change	+9.74%
50-Day Moving Average	66.39
200-Day Moving Average	56.56
Relative Strength Index (RSI)	29.85
Average Volume (20 Days)	2,802,829

Short Selling Information

The latest short interest is 5.04 million, so 3.83% of the outstanding shares have been sold short.

Short Interest	5.04M
Short Previous Month	5.12M
Short % of Shares Out	3.83%
Short % of Float	3.86%
Short Ratio (days to cover)	2.95

Income Statement

In the last 12 months, Comerica had revenue of $3.16 billion and earned $535.00 million in profits. Earnings per share was $4.01.

Revenue	3.16B
Gross Profit	3.16B
Operating Income	947.00M
Pretax Income	815.00M
Net Income	535.00M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$4.01

Balance Sheet

The company has $6.85 billion in cash and $7.42 billion in debt, giving a net cash position of -$571.00 million or -$4.34 per share.

Cash & Cash Equivalents	6.85B
Total Debt	7.42B
Net Cash	-571.00M
Net Cash Per Share	-$4.34
Equity (Book Value)	7.37B
Book Value Per Share	52.53
Working Capital	-58.32B

Cash Flow

In the last 12 months, operating cash flow was $2.08 billion and capital expenditures -$178.00 million, giving a free cash flow of $1.90 billion.

Operating Cash Flow	2.08B
Capital Expenditures	-178.00M
Free Cash Flow	1.90B
FCF Per Share	$14.44

Margins

Gross Margin	n/a
Operating Margin	29.96%
Pretax Margin	22.87%
Profit Margin	17.75%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	60.08%

Dividends & Yields

This stock pays an annual dividend of $2.84, which amounts to a dividend yield of 4.64%.

Dividend Per Share	$2.84
Dividend Yield	4.64%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	70.89%
Buyback Yield	-0.56%
Shareholder Yield	4.08%
Earnings Yield	6.65%
FCF Yield	23.61%

Analyst Forecast

The average price target for Comerica is $67.57, which is 10.48% higher than the current price. The consensus rating is "Hold".

Price Target	$67.57
Price Target Difference	10.48%
Analyst Consensus	Hold
Analyst Count	24
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	-1.91%

Stock Splits

The last stock split was on April 2, 1998. It was a forward split with a ratio of 1.5:1.

Last Split Date	Apr 2, 1998
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4