Comerica Incorporated (CMA) Analysts See $1.66 EPS

June 20, 2018 - By Eugene Smith

Comerica Incorporated (NYSE:CMA) LogoInvestors sentiment decreased to 0.99 in Q1 2018. Its down 0.01, from 1 in 2017Q4. It worsened, as 43 investors sold Comerica Incorporated shares while 172 reduced holdings. 73 funds opened positions while 139 raised stakes. 135.88 million shares or 2.26% less from 139.03 million shares in 2017Q4 were reported.
Goldman Sachs reported 3.12M shares or 0.08% of all its holdings. Whittier Of Nevada Inc holds 0.01% or 1,125 shares in its portfolio. Dana Investment Advisors reported 139,394 shares stake. Moreover, First Midwest Commercial Bank Trust Division has 0.29% invested in Comerica Incorporated (NYSE:CMA). Products Prtnrs Ltd Liability has 278,200 shares. Weatherly Asset Management L P reported 4,185 shares. Credit Suisse Ag holds 0.02% of its portfolio in Comerica Incorporated (NYSE:CMA) for 272,601 shares. Soros Fund Mngmt Ltd holds 0.37% in Comerica Incorporated (NYSE:CMA) or 238,169 shares. Prospector Prtn Llc reported 13,300 shares. Mackenzie Financial accumulated 128,888 shares or 0.03% of the stock. Northwestern Mutual Wealth, a Wisconsin-based fund reported 8,883 shares. Westpac holds 0% or 10,112 shares. Verition Fund Mgmt Llc reported 0.06% stake. Rafferty Asset Limited Liability has 50,041 shares for 0.07% of their portfolio. Novare Capital Mngmt Ltd Liability reported 1.35% stake.

Since January 18, 2018, it had 0 buys, and 15 selling transactions for $33.62 million activity. The insider Guilfoile Peter William sold 1,052 shares worth $102,044. On Friday, January 26 Buchanan John D sold $243,919 worth of Comerica Incorporated (NYSE:CMA) or 2,571 shares. Shares for $1.81M were sold by FARMER CURTIS C on Saturday, January 27. $1.08M worth of Comerica Incorporated (NYSE:CMA) was sold by Duprey David E. Shares for $284,412 were sold by Burkhart Megan D. 4,000 shares were sold by RITCHIE MICHAEL T, worth $397,808.

Analysts expect Comerica Incorporated (NYSE:CMA) to report $1.66 EPS on July, 17.They anticipate $0.51 EPS change or 44.35 % from last quarter’s $1.15 EPS. CMA’s profit would be $285.41 million giving it 14.39 P/E if the $1.66 EPS is correct. After having $1.54 EPS previously, Comerica Incorporated’s analysts see 7.79 % EPS growth. The stock increased 0.23% or $0.22 during the last trading session, reaching $95.53. About 1.15M shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.54% since June 20, 2017 and is uptrending. It has outperformed by 28.97% the S&P500.

Comerica Incorporated (NYSE:CMA) Ratings Coverage

Among 21 analysts covering Comerica Inc (NYSE:CMA), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Comerica Inc had 44 analyst reports since December 21, 2017 according to SRatingsIntel. On Tuesday, April 17 the stock rating was maintained by Stephens with “Buy”. The rating was maintained by Wedbush with “Hold” on Monday, March 5. The rating was maintained by Jefferies on Wednesday, April 4 with “Buy”. SunTrust maintained the shares of CMA in report on Monday, January 8 with “Hold” rating. The rating was maintained by Bernstein with “Hold” on Wednesday, January 17. The rating was maintained by Keefe Bruyette & Woods on Tuesday, January 16 with “Buy”. BMO Capital Markets maintained the shares of CMA in report on Tuesday, March 6 with “Buy” rating. BMO Capital Markets maintained it with “Outperform” rating and $109 target in Wednesday, April 18 report. The firm has “Hold” rating by Robert W. Baird given on Tuesday, January 2. Susquehanna maintained Comerica Incorporated (NYSE:CMA) on Tuesday, April 17 with “Hold” rating.

Comerica Incorporated, through its subsidiaries, provides various financial services and products. The company has market cap of $16.43 billion. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. It has a 20.71 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.

Another recent and important Comerica Incorporated (NYSE:CMA) news was published by Prnewswire.com which published an article titled: “Comerica Recognized as One of the 50 Most Community-Minded Companies in the Nation” on June 19, 2018.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

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