Wedbush Equities analysts raise earnings estimates for Comerica Incorporated (NYSE:CMA)

Comerica Incorporated (NYSE:CMA – Free Report) – Research analysts at Wedbush lifted their Q2 2025 earnings estimates for shares of Comerica in a research report issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini now anticipates that the financial services provider will post earnings of $1.41 per share for the quarter, up from their prior estimate of $1.40. Wedbush presently has an “Outperform” rating and a $75.00 target price on the stock. The consensus estimate for Comerica’s current full-year earnings is $5.06 per share. Wedbush also issued estimates for Comerica’s Q3 2025 earnings at $1.55 EPS, Q2 2026 earnings at $1.64 EPS and FY2026 earnings at $6.70 EPS.

Comerica (NYSE:CMA – Get Free Report ) last announced its quarterly earnings data on Friday, July 19th. The financial services provider reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.30. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $812.79 million. Comerica had a return on equity of 15.01% and a net margin of 12.15%. In the same quarter last year, the firm posted earnings of $2.01 per share.

A number of other analysts also recently weighed in on CMA. Robert W. Baird decreased their price target on shares of Comerica from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, June 20th. Stephens reissued an “overweight” rating and issued a $58.00 target price on shares of Comerica in a report on Tuesday, September 10th. Morgan Stanley upped their target price on Comerica from $50.00 to $61.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. Evercore ISI decreased their target price on Comerica from $58.00 to $54.00 and set an “in-line” rating on the stock in a report on Tuesday, June 25th. Finally, Raymond James upgraded Comerica from a “market perform” rating to an “outperform” rating and set a $60.00 price objective for the company in a research report on Tuesday, July 2nd . Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $57.68, according to MarketBeat.

Check out our latest research report on Comerica

Comerica stock performance

CMA stock opened at $58.72 on Thursday. The firm has a market cap of $7.79 billion, a P/E ratio of 11.67 and a beta of 1.23. The stock’s 50-day simple moving average is $55.40 and its 200-day simple moving average is $52.82. The company has a current ratio of 0.96, a quick ratio of 0.96, and a debt-to-equity ratio of 1.23. Comerica has a 12-month low of $37.40 and a 12-month high of $61.84.

Institutional investors weigh in on Comerica

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its position in shares of Comerica by 105.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 182,402 shares of the financial services provider’s stock worth $10,031,000 after buying an additional 3,595,036 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Comerica by 51.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,045,656 shares of the financial services provider’s stock worth $206,468,000 after acquiring an additional 1,370,886 shares during the last quarter. Azora Capital LP acquired a new stake in shares of Comerica during the fourth quarter valued at approximately $63,548,000. Goldman Sachs Group Inc. lifted its position in shares of Comerica by 51.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,564,217 shares of the financial services provider’s stock valued at $143,109,000 after purchasing an additional 870,812 shares during the last quarter. Finally, Samlyn Capital LLC acquired a new position in Comerica in the second quarter valued at approximately $35,375,000. Institutional investors and hedge funds own 80.74% of the company’s shares.

Indoor activity

In other Comerica news, EVP Christine M. Moore sold 2,545 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $57.51, for a total value of $146,362.95. Following the completion of the sale, the executive vice president now directly owns 27,910 shares of the company’s stock, valued at approximately $1,605,104.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available via this hyperlink. 0.19% of shares are held by insiders.

Comerica dividend announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a dividend of $0.71 per share. This represents a dividend of $2.84 on an annualized basis and a yield of 4.84%. The ex-dividend date of this dividend is Friday, September 13. Comerica’s payout ratio is currently 56.46%.

About Comerica

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Comerica Incorporated, through its subsidiaries, provides various financial products and services. The company operates through Commercial Bank, Retail Bank, Wealth Management and Finance segments. The Commercial Banking segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, payment solutions, card services, capital market products, international trade finance, letters of credit, asset management services currency and credit syndication services. for small and medium enterprises, multinational corporations and government entities.

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