Comerica Incorporated (CMA) Analysts See $1.51 EPS

March 14, 2018 - By Kurt Siggers

 Comerica Incorporated (CMA) Analysts See $1.51 EPS
Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.29, from 1.35 in 2017Q2. It turned negative, as 43 investors sold Comerica Incorporated shares while 147 reduced holdings. 50 funds opened positions while 152 raised stakes. 139.79 million shares or 2.40% less from 143.22 million shares in 2017Q2 were reported.
Keybank Association Oh has 0.12% invested in Comerica Incorporated (NYSE:CMA). Bank Of America De accumulated 1.47M shares. 15,000 are owned by Gabelli Funds Ltd. Evercore Wealth Lc accumulated 526 shares. Wedge Mngmt L Ltd Partnership Nc holds 0.01% of its portfolio in Comerica Incorporated (NYSE:CMA) for 12,675 shares. The Georgia-based Advisory Serv Lc has invested 0.03% in Comerica Incorporated (NYSE:CMA). Azimuth Ltd Limited Liability Company reported 0.24% in Comerica Incorporated (NYSE:CMA). Peapack Gladstone Fincl invested 0.2% in Comerica Incorporated (NYSE:CMA). Moreover, State Board Of Administration Of Florida Retirement has 0.06% invested in Comerica Incorporated (NYSE:CMA). Cantab Cap Limited Liability Partnership invested in 5,007 shares or 0.05% of the stock. Legal & General Gp Incorporated Plc has 0.05% invested in Comerica Incorporated (NYSE:CMA) for 900,637 shares. British Columbia Investment Mngmt Corporation has 100,470 shares. Systematic Fin Mgmt L P owns 370,201 shares. Btim Corporation stated it has 196,319 shares or 0.23% of all its holdings. Parkside Comml Bank Trust has 85 shares for 0% of their portfolio.

Since January 18, 2018, it had 0 buys, and 12 sales for $26.49 million activity. 1,052 Comerica Incorporated (NYSE:CMA) shares with value of $102,044 were sold by Guilfoile Peter William. BABB RALPH W JR also sold $6.37M worth of Comerica Incorporated (NYSE:CMA) on Friday, February 2. 2,571 Comerica Incorporated (NYSE:CMA) shares with value of $243,919 were sold by Buchanan John D. Burkhart Megan D sold $463,258 worth of stock. FARMER CURTIS C sold $1.81M worth of stock or 18,870 shares. Duprey David E had sold 11,293 shares worth $1.08 million.

Analysts expect Comerica Incorporated (NYSE:CMA) to report $1.51 EPS on April, 17.They anticipate $0.49 EPS change or 48.04 % from last quarter’s $1.02 EPS. CMA’s profit would be $260.95 million giving it 16.46 P/E if the $1.51 EPS is correct. After having $1.28 EPS previously, Comerica Incorporated’s analysts see 17.97 % EPS growth. The stock decreased 1.41% or $1.42 during the last trading session, reaching $99.4. About 1.64 million shares traded or 8.48% up from the average. Comerica Incorporated (NYSE:CMA) has risen 54.07% since March 14, 2017 and is uptrending. It has outperformed by 37.37% the S&P500.

Comerica Incorporated (NYSE:CMA) Ratings Coverage

Among 33 analysts covering Comerica Inc (NYSE:CMA), 16 have Buy rating, 2 Sell and 15 Hold. Therefore 48% are positive. Comerica Inc had 128 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of Comerica Incorporated (NYSE:CMA) has “Underperform” rating given on Tuesday, January 12 by Bank of America. The firm has “Neutral” rating by JP Morgan given on Tuesday, October 6. The firm earned “Buy” rating on Tuesday, January 16 by Keefe Bruyette & Woods. On Friday, January 5 the stock rating was upgraded by Instinet to “Buy”. On Friday, October 7 the stock rating was initiated by Wedbush with “Neutral”. The stock of Comerica Incorporated (NYSE:CMA) has “Underweight” rating given on Tuesday, January 3 by Barclays Capital. PiperJaffray upgraded it to “Overweight” rating and $80 target in Tuesday, September 12 report. The firm has “Underweight” rating given on Thursday, September 15 by Barclays Capital. The company was maintained on Tuesday, October 17 by RBC Capital Markets. On Thursday, December 29 the stock rating was maintained by Piper Jaffray with “Neutral”.

Comerica Incorporated, through its subsidiaries, provides various financial services and products. The company has market cap of $17.18 billion. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. It has a 24.01 P/E ratio. 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.

More recent Comerica Incorporated (NYSE:CMA) news were published by: which released: “Comerica’s Efforts In Sustainability Recognized With 2018 Climate Leadership Award” on March 02, 2018. Also published the news titled: “Comerica Incorporated (CMA) Ex-Dividend Date Scheduled for March 14, 2018” on March 13, 2018.‘s news article titled: “Morgan Rector to be Named Comerica Bank’s California Market President” with publication date: March 09, 2018 was also an interesting one.

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