Comerica Statistics
Total Valuation
Comerica has a market cap or net worth of $6.69 billion. The enterprise value is $8.67 billion.
| Market Cap | 6.69B |
| Enterprise Value | 8.67B |
Important Dates
The last earnings date was Friday, July 19, 2024, before market open.
| Earnings Date | Jul 19, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
Comerica has 132.59 million shares outstanding. The number of shares has increased by 0.87% in one year.
| Shares Outstanding | 132.59M |
| Shares Change (YoY) | +0.87% |
| Shares Change (QoQ) | +0.47% |
| Owned by Insiders (%) | 0.76% |
| Owned by Institutions (%) | 83.44% |
| Float | 131.58M |
Valuation Ratios
The trailing PE ratio is 10.02 and the forward PE ratio is 9.54. Comerica's PEG ratio is 0.32.
| PE Ratio | 10.02 |
| Forward PE | 9.54 |
| PS Ratio | 2.02 |
| Forward PS | 1.95 |
| PB Ratio | 1.10 |
| P/FCF Ratio | 16.23 |
| PEG Ratio | 0.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.75, with an EV/FCF ratio of 21.05.
| EV / Earnings | 12.98 |
| EV / Sales | 2.62 |
| EV / EBITDA | 8.75 |
| EV / EBIT | 9.61 |
| EV / FCF | 21.05 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.18 |
| Debt / EBITDA | 7.19 |
| Debt / FCF | 17.28 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 11.60% and return on invested capital (ROIC) is 5.28%.
| Return on Equity (ROE) | 11.60% |
| Return on Assets (ROA) | 0.80% |
| Return on Capital (ROIC) | 5.28% |
| Revenue Per Employee | $421,340 |
| Profits Per Employee | $84,955 |
| Employee Count | 7,863 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Comerica has paid $207.00 million in taxes.
| Income Tax | 207.00M |
| Effective Tax Rate | 23.66% |
Stock Price Statistics
The stock price has decreased by -2.57% in the last 52 weeks. The beta is 1.27, so Comerica's price volatility has been higher than the market average.
| Beta (5Y) | 1.27 |
| 52-Week Price Change | -2.57% |
| 50-Day Moving Average | 51.06 |
| 200-Day Moving Average | 49.78 |
| Relative Strength Index (RSI) | 44.67 |
| Average Volume (20 Days) | 4,035,460 |
Short Selling Information
The latest short interest is 3.58 million, so 2.70% of the outstanding shares have been sold short.
| Short Interest | 3.58M |
| Short Previous Month | 3.60M |
| Short % of Shares Out | 2.70% |
| Short % of Float | 2.72% |
| Short Ratio (days to cover) | 1.08 |
Income Statement
In the last 12 months, Comerica had revenue of $3.31 billion and earned $668.00 million in profits. Earnings per share was $5.03.
| Revenue | 3.31B |
| Gross Profit | 3.31B |
| Operating Income | 902.00M |
| Pretax Income | 902.00M |
| Net Income | 668.00M |
| EBITDA | 991.00M |
| EBIT | 902.00M |
| Earnings Per Share (EPS) | $5.03 |
Balance Sheet
The company has $5.14 billion in cash and $7.12 billion in debt, giving a net cash position of -$1.99 billion or -$14.98 per share.
| Cash & Cash Equivalents | 5.14B |
| Total Debt | 7.12B |
| Net Cash | -1.99B |
| Net Cash Per Share | -$14.98 |
| Equity (Book Value) | 6.05B |
| Book Value Per Share | 45.63 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $584.00 million and capital expenditures -$172.00 million, giving a free cash flow of $412.00 million.
| Operating Cash Flow | 584.00M |
| Capital Expenditures | -172.00M |
| Free Cash Flow | 412.00M |
| FCF Per Share | $3.11 |
Margins
Gross margin is 100.00%, with operating and profit margins of 27.23% and 20.16%.
| Gross Margin | 100.00% |
| Operating Margin | 27.23% |
| Pretax Margin | 27.23% |
| Profit Margin | 20.16% |
| EBITDA Margin | 29.91% |
| EBIT Margin | 27.23% |
| FCF Margin | 12.44% |
Dividends & Yields
This stock pays an annual dividend of $2.84, which amounts to a dividend yield of 5.63%.
| Dividend Per Share | $2.84 |
| Dividend Yield | 5.63% |
| Dividend Growth (YoY) | 2.16% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 56.46% |
| Buyback Yield | -0.87% |
| Shareholder Yield | 4.77% |
| Earnings Yield | 9.99% |
| FCF Yield | 6.16% |
Analyst Forecast
The average price target for Comerica is $55.23, which is 9.54% higher than the current price. The consensus rating is "Hold".
| Price Target | $55.23 |
| Price Target Difference | 9.54% |
| Analyst Consensus | Hold |
| Analyst Count | 23 |
| Revenue Growth Forecast (5Y) | 1.33% |
| EPS Growth Forecast (5Y) | -0.40% |
Stock Splits
The last stock split was on April 2, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Apr 2, 1998 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 3 |