Comerica Statistics
Total Valuation
Comerica has a market cap or net worth of $7.02 billion. The enterprise value is $7.28 billion.
| Market Cap | 7.02B |
| Enterprise Value | 7.28B |
Important Dates
The last earnings date was Thursday, April 18, 2024, before market open.
| Earnings Date | Apr 18, 2024 |
| Ex-Dividend Date | Jun 14, 2024 |
Share Statistics
Comerica has 132.49 million shares outstanding. The number of shares has increased by 0.70% in one year.
| Shares Outstanding | 132.49M |
| Shares Change (YoY) | +0.70% |
| Shares Change (QoQ) | +0.07% |
| Owned by Insiders (%) | 0.77% |
| Owned by Institutions (%) | 81.89% |
| Float | 131.32M |
Valuation Ratios
The trailing PE ratio is 8.22 and the forward PE ratio is 10.10. Comerica's PEG ratio is 0.32.
| PE Ratio | 8.22 |
| Forward PE | 10.10 |
| PS Ratio | 2.00 |
| Forward PS | 2.07 |
| PB Ratio | 1.10 |
| P/FCF Ratio | 6.39 |
| PEG Ratio | 0.32 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.92, with an EV/FCF ratio of 6.63.
| EV / Earnings | 8.53 |
| EV / Sales | 2.08 |
| EV / EBITDA | 5.92 |
| EV / EBIT | 6.37 |
| EV / FCF | 6.63 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.53 |
| Debt / EBITDA | 7.94 |
| Debt / FCF | 8.90 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 5.45%.
| Return on Equity (ROE) | 14.90% |
| Return on Assets (ROA) | 1.00% |
| Return on Capital (ROIC) | 5.45% |
| Revenue Per Employee | $445,504 |
| Profits Per Employee | $108,610 |
| Employee Count | 7,863 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Comerica has paid $263.00 million in taxes.
| Income Tax | 263.00M |
| Effective Tax Rate | 23.55% |
Stock Price Statistics
The stock price has increased by +24.18% in the last 52 weeks. The beta is 1.28, so Comerica's price volatility has been higher than the market average.
| Beta (1Y) | 1.28 |
| 52-Week Price Change | +24.18% |
| 50-Day Moving Average | 51.39 |
| 200-Day Moving Average | 48.71 |
| Relative Strength Index (RSI) | 55.37 |
| Average Volume (30 Days) | 2,116,856 |
Short Selling Information
The latest short interest is 4.61 million, so 3.48% of the outstanding shares have been sold short.
| Short Interest | 4.61M |
| Short Previous Month | 5.79M |
| Short % of Shares Out | 3.48% |
| Short % of Float | 3.51% |
| Short Ratio (days to cover) | 1.84 |
Income Statement
In the last 12 months, Comerica had revenue of $3.50 billion and earned $854.00 million in profits. Earnings per share was $6.44.
| Revenue | 3.50B |
| Gross Profit | 3.50B |
| Operating Income | 1.14B |
| Pretax Income | 1.14B |
| Net Income | 854.00M |
| EBITDA | 1.23B |
| EBIT | 1.14B |
| Earnings Per Share (EPS) | $6.44 |
Balance Sheet
The company has $9.50 billion in cash and $9.77 billion in debt, giving a net cash position of -$269.00 million or -$2.03 per share.
| Cash & Cash Equivalents | 9.50B |
| Total Debt | 9.77B |
| Net Cash | -269.00M |
| Net Cash Per Share | -$2.03 |
| Equity / Book Value | 6.41B |
| Book Value Per Share | 48.35 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.25 billion and capital expenditures -$153.00 million, giving a free cash flow of $1.10 billion.
| Operating Cash Flow | 1.25B |
| Capital Expenditures | -153.00M |
| Free Cash Flow | 1.10B |
| FCF Per Share | $8.33 |
Margins
Gross margin is 100.00%, with operating and profit margins of 32.66% and 24.38%.
| Gross Margin | 100.00% |
| Operating Margin | 32.66% |
| Pretax Margin | 32.66% |
| Profit Margin | 24.38% |
| EBITDA Margin | 35.14% |
| EBIT Margin | 32.66% |
| FCF Margin | 31.34% |
Dividends & Yields
This stock pays an annual dividend of $2.84, which amounts to a dividend yield of 5.36%.
| Dividend Per Share | $2.84 |
| Dividend Yield | 5.36% |
| Dividend Growth (YoY) | 2.16% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 44.10% |
| Buyback Yield | -0.70% |
| Shareholder Yield | 4.66% |
| Earnings Yield | 12.17% |
| FCF Yield | 15.65% |
Analyst Forecast
The average price target for Comerica is $55.93, which is 5.63% higher than the current price. The consensus rating is "Buy".
| Price Target | $55.93 |
| Price Target Difference | 5.63% |
| Analyst Consensus | Buy |
| Analyst Count | 23 |
| Revenue Growth Forecast (5Y) | 2.50% |
| EPS Growth Forecast (5Y) | 1.86% |
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 | 4 |