Comerica Incorporated (CMA) Analysts See $1.66 EPS on July, 17

June 27, 2018 - By Carey Conley

Comerica Incorporated (NYSE:CMA) Corporate Logo
During Q1 2018 the big money sentiment decreased to 0.99. That’s change of 0.01, from 2017Q4’s 1. 43 investors sold all, 172 reduced holdings as Comerica Incorporated ratio fall. 139 rose holdings while 73 funds amassed holdings. Funds hold 135.88 million shares thus 2.26% less from 2017Q4’s 139.03 million shares.
First Pacific Llc reported 122,405 shs stake. Axa has 16,649 shs for 0.01% of their capital. Driehaus Cap Limited Liability Corp accumulated 2,343 shs or 0.01% of the stock. Tiaa Cref Investment Mngmt Limited Liability reported 0.18% of its capital in Comerica Incorporated (NYSE:CMA). Teachers Retirement Systems Of The State Of Kentucky invested 0.02% of its capital in Comerica Incorporated (NYSE:CMA). Advent De reported 24,800 shs. Tarbox Family Office has invested 0% in Comerica Incorporated (NYSE:CMA). Envestnet Asset Mgmt Incorporated invested in 0% or 9,606 shs. Etrade Cap Management Ltd Limited Liability Company invested in 8,068 shs or 0.02% of the stock. Ibm Retirement Fund owns 0.07% invested in Comerica Incorporated (NYSE:CMA) for 3,827 shs. Moreover, Great West Life Assurance Can has 0.07% invested in Comerica Incorporated (NYSE:CMA). Pub Sector Pension Board reported 9,667 shs. Rampart Inv Management Llc reported 9,176 shs or 0.08% of all its holdings. 154,900 were reported by Pointstate Lp. Peapack Gladstone Financial has 48,771 shs.

Comerica Incorporated had 15 insider sales and 0 insider buys since January 18, 2018. This’s net activity of $33.62 million. FARMER CURTIS C had sold 18,870 shs worth $1.81 million on Saturday, January 27. $243,919 worth of Comerica Incorporated (NYSE:CMA) was sold by Buchanan John D. 1,100 shs valued at $108,533 were sold by Guilfoile Peter William on Tuesday, May 15. Duprey David E had sold 11,293 shs worth $1.08M on Saturday, January 27. On Monday, February 26 RITCHIE MICHAEL T sold $397,808 worth of Comerica Incorporated (NYSE:CMA). Carr Muneera S also sold $230,560 worth of Comerica Incorporated (NYSE:CMA) shs.

On July, 17. Investors expect Comerica Incorporated (NYSE:CMA) to announce its quarterly earnings, as reported by Faxor. Last year’s earnings per share was $1.15, while now analysts expect change of 44.35 % up from current $1.66 earnings per share. If earnings per share of $1.66 is revealed the profit of CMA could hit $285.41 million giving it 13.98 P/E. 7.79 % EPS growth is what Wall Street’s predicts after $1.54 reported EPS last quarter. CMA is reaching $92.81 during the last trading session, after decreased 1.26%.Comerica Incorporated is uptrending after having risen 41.54% since June 27, 2017. CMA has 1.85 million volume or 17.97% up from normal. The stock outperformed the S&P 500 by 28.97%.

Comerica Incorporated (NYSE:CMA) Ratings Coverage

In total 21 analysts cover Comerica Inc (NYSE:CMA). “Buy” rating has 12, “Sell” are 1, while 8 are “Hold”. 57% are bullish. 43 are the (NYSE:CMA)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. In Monday, March 5 report Wedbush maintained the stock with “Hold” rating. The company rating was maintained by Robert W. Baird on Tuesday, January 16. On Tuesday, April 17 Susquehanna maintained Comerica Incorporated (NYSE:CMA) with “Hold” rating. On Monday, June 11 the firm has “Buy” rating given by FBR Capital. The stock rating was upgraded by BMO Capital Markets to “Buy” on Thursday, February 8. On Monday, January 22 the stock of Comerica Incorporated (NYSE:CMA) has “Buy” rating given by Stephens. On Tuesday, January 16 the stock has “Buy” rating by Piper Jaffray. On Tuesday, April 17 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Monday, March 5 the company was maintained by Piper Jaffray. On Tuesday, March 13 the stock of Comerica Incorporated (NYSE:CMA) has “Neutral” rating given by Bank of America.

Comerica Incorporated, through its subsidiaries, provides various financial services and products.The company has $15.96 billion market cap. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management.The P/E ratio is 20.12. The Business Bank segment offers various services and products, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational firms, and governmental entities.

Another two news for Comerica Incorporated (NYSE:CMA) were briefly announced by: Globenewswire.com on June 27, 2018 with title “Detailed Research: Economic Perspectives on Comerica, Vanda Pharmaceuticals, Acadia Healthcare, The Charles …”. The other Seekingalpha.com‘s article was titled “US’s largest banks would be able to lend in `severe’ global recession: Fed” and announced on June 21, 2018.

Comerica Incorporated (NYSE:CMA) Institutional Investors Chart

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