Comerica (CMA) Stock Forecast, Price Target & Predictions
CMA Stock Forecast
Comerica stock forecast is as follows: an average price target of $64.08 (represents a 4.77% upside from CMA’s last price of $61.16) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
CMA Price Target
The average price target for Comerica (CMA) is $64.08 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $52.00. This represents a potential 4.77% upside from CMA's last price of $61.16.
CMA Analyst Ratings
According to 14 Wall Street analysts, Comerica's rating consensus is 'Buy'. The analyst rating breakdown for CMA stock is 0 'Strong Buy' (0.00%), 7 'Buy' (50.00%), 5 'Hold' (35.71%), 2 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).
Comerica Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | David George | Robert W. Baird | $80.00 | $68.88 | 16.15% | 30.80% |
| Oct 21, 2024 | Brandon King | Truist Financial | $70.00 | $62.03 | 12.85% | 14.45% |
| Oct 21, 2024 | Jason Goldberg | Barclays | $66.00 | $62.03 | 6.40% | 7.91% |
| Oct 21, 2024 | Manan Gosalia | Morgan Stanley | $67.00 | $64.50 | 3.88% | 9.55% |
| Oct 21, 2024 | Michael Rose | Raymond James | $70.00 | $64.94 | 7.79% | 14.45% |
| Oct 21, 2024 | Terry McEvoy | Stephens | $70.00 | $64.94 | 7.79% | 14.45% |
| Oct 21, 2024 | Keith Horowitz | Citigroup | $63.00 | $64.94 | -2.99% | 3.01% |
| Oct 18, 2024 | John Pancari | Evercore ISI | $64.00 | $64.94 | -1.45% | 4.64% |
| Sep 30, 2024 | Manan Gosalia | Morgan Stanley | $63.00 | $59.38 | 6.10% | 3.01% |
| Jul 23, 2024 | David Rochester | Compass Point | $56.00 | $51.46 | 8.82% | -8.44% |
| Jul 22, 2024 | Scott Siefers | Piper Sandler | $52.00 | $50.42 | 3.13% | -14.98% |
| Jul 22, 2024 | David George | Robert W. Baird | $65.00 | $50.42 | 28.92% | 6.28% |
| Jul 22, 2024 | Jon Arfstrom | RBC Capital | $56.00 | $50.42 | 11.07% | -8.44% |
| Jul 22, 2024 | Peter Winter | D.A. Davidson | $55.00 | $50.42 | 9.08% | -10.07% |
| Jul 02, 2024 | Michael Rose | Raymond James | $60.00 | $50.80 | 18.11% | -1.90% |
| Jun 20, 2024 | David George | Robert W. Baird | $68.00 | $47.14 | 44.25% | 11.18% |
| Jun 12, 2024 | Jon Arfstrom | RBC Capital | $58.00 | $46.43 | 24.92% | -5.17% |
| May 24, 2024 | Mike Mayo | Wells Fargo | $48.00 | $50.24 | -4.46% | -21.52% |
| Apr 19, 2024 | Scott Siefers | Piper Sandler | $54.00 | $51.87 | 4.12% | -11.71% |
| Apr 19, 2024 | Jon Arfstrom | RBC Capital | $62.00 | $50.66 | 22.38% | 1.37% |
| Apr 19, 2024 | Erika Najarian | UBS | $55.00 | $50.66 | 8.57% | -10.07% |
| Apr 19, 2024 | David George | Robert W. Baird | $72.00 | $50.66 | 42.12% | 17.72% |
| Apr 19, 2024 | Peter Winter | D.A. Davidson | $57.00 | $50.66 | 12.51% | -6.80% |
| Apr 10, 2024 | Bernard von-Gizycki | Deutsche Bank | $59.00 | $54.46 | 8.34% | -3.53% |
| Apr 01, 2024 | Brandon King | Truist Financial | $62.00 | $54.99 | 12.75% | 1.37% |
| Jun 05, 2023 | Richard Bove | Odeon Capital Group LLC | $47.24 | $40.34 | 17.10% | -22.76% |
| Jan 10, 2023 | Richard Bove | Odeon Capital Group LLC | $76.36 | $66.95 | 14.06% | 24.85% |
| Jan 03, 2023 | Barclays | $85.00 | $66.85 | 27.15% | 38.98% | |
| Dec 21, 2022 | D.A. Davidson | $80.00 | $63.59 | 25.81% | 30.80% | |
| Dec 16, 2022 | Morgan Stanley | $85.00 | $63.49 | 33.88% | 38.98% | |
| Dec 13, 2022 | J.P. Morgan | $72.00 | $66.20 | 8.76% | 17.72% | |
| Dec 06, 2022 | Citigroup | $80.00 | $66.63 | 20.07% | 30.80% | |
| May 20, 2022 | David George | Robert W. Baird | $85.00 | $72.80 | 16.76% | 38.98% |
| May 02, 2022 | Piper Sandler | $94.00 | $81.90 | 14.77% | 53.70% | |
| Apr 21, 2022 | RBC Capital | $110.00 | $87.10 | 26.29% | 79.86% | |
| Feb 15, 2022 | Ken Usdin | Jefferies | $114.00 | $100.17 | 13.81% | 86.40% |
| Jan 20, 2022 | Gary Tenner | D.A. Davidson | $115.00 | $92.82 | 23.90% | 88.03% |
| Jan 20, 2022 | Jennifer Demba | Truist Financial | $118.00 | $92.82 | 27.13% | 92.94% |
| Jan 20, 2022 | Jon Arfstrom | RBC Capital | $112.00 | $92.82 | 20.66% | 83.13% |
| Jan 20, 2022 | Michael Rose | Raymond James | $106.00 | $92.82 | 14.20% | 73.32% |
| Jan 12, 2022 | Steve Moss | B.Riley Financial | $100.00 | $97.60 | 2.46% | 63.51% |
| Jan 06, 2022 | Ebrahim Poonawala | Bank of America Securities | $105.00 | $95.74 | 9.67% | 71.68% |
| Jan 03, 2022 | Jason Goldberg | Barclays | $99.00 | $87.92 | 12.60% | 61.87% |
| Dec 20, 2021 | John Pancari | Evercore ISI | $95.00 | $81.26 | 16.91% | 55.33% |
| Dec 06, 2021 | Ken Zerbe | Morgan Stanley | $103.00 | $82.42 | 24.97% | 68.41% |
| Oct 20, 2021 | Terry McEvoy | Stephens | $100.00 | $85.54 | 16.90% | 63.51% |
| Oct 04, 2021 | Mike Mayo | Wells Fargo | $73.00 | $81.65 | -10.59% | 19.36% |
| Sep 07, 2021 | Christopher Mcgratty | KBW | $90.00 | $71.04 | 26.69% | 47.16% |
| Jun 14, 2021 | Brett Rabatin | Hovde Group | $74.00 | $70.42 | 5.08% | 20.99% |
The latest Comerica stock forecast, released on Nov 18, 2024 by David George from Robert W. Baird, set a price target of $80.00, which represents a 16.15% increase from the stock price at the time of the forecast ($68.88), and a 30.80% increase from CMA last price ($61.16).
Comerica Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 9 | 25 |
| Avg Price Target | $80.00 | $68.11 | $62.08 |
| Last Closing Price | $61.16 | $61.16 | $61.16 |
| Upside/Downside | 30.80% | 11.36% | 1.50% |
In the current month, the average price target of Comerica stock is $80.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 30.80% increase as opposed to Comerica's last price of $61.16. This month's average price target is up 17.46% compared to last quarter, and up 28.87% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 10, 2024 | Compass Point | Buy | Buy | Hold |
| Oct 21, 2024 | Wells Fargo | Buy | Buy | Hold |
| Oct 21, 2024 | Wedbush | Underperform | Underperform | Hold |
| Oct 21, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 21, 2024 | Raymond James | Outperform | Outperform | Hold |
| Oct 21, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| Oct 21, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 21, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 21, 2024 | Barclays | Underweight | Underweight | Hold |
| Sep 30, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Sep 24, 2024 | Wedbush | Market Perform | Market Perform | Hold |
| Sep 24, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Sep 24, 2024 | Wedbush | Underperform | Outperform | Upgrade |
| Sep 04, 2024 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 05, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 23, 2024 | Compass Point | Buy | Buy | Hold |
| Jul 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 22, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 22, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 02, 2024 | Raymond James | Strong Buy | Outperform | Upgrade |
| Jun 12, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 11, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| May 24, 2024 | Wells Fargo | Underweight | Underweight | Hold |
| May 06, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Apr 19, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 19, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Apr 19, 2024 | UBS | Neutral | Neutral | Hold |
| Apr 04, 2024 | UBS | Neutral | Downgrade | |
| Feb 27, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jan 22, 2024 | Wells Fargo | Market Perform | Market Perform | Hold |
| Jan 05, 2024 | Wells Fargo | Buy | Buy | Hold |
| Jan 05, 2024 | Wedbush | Underperform | Underperform | Hold |
| Oct 23, 2023 | RBC Capital | Outperform | Outperform | Hold |
| Jul 07, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 06, 2023 | Raymond James | Outperform | Strong Buy | Upgrade |
| Jan 03, 2023 | Barclays | Underweight | Underweight | Hold |
| Dec 16, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Dec 13, 2022 | Keefe, Bruyette & Woods | Market Perform | Downgrade | |
| Dec 06, 2022 | Citigroup | Buy | Buy | Hold |
| Nov 21, 2022 | Raymond James | Outperform | Upgrade | |
| Oct 06, 2022 | Citigroup | Buy | Buy | Hold |
| Aug 23, 2022 | Goldman Sachs | Negative | Negative | Hold |
| Jul 21, 2022 | Wedbush | Outperform | Outperform | Hold |
| May 02, 2022 | Piper Sandler | Overweight | Upgrade | |
| Feb 15, 2022 | Jefferies | Buy | Upgrade | |
| Jan 04, 2022 | Barclays | Underweight | Underweight | Hold |
| Oct 07, 2021 | B. Riley | Neutral | Neutral | Hold |
Comerica's last stock rating was published by Compass Point on Dec 10, 2024. The company gave CMA a "Buy" rating, the same as its previous rate.
Comerica Financial Forecast
Comerica Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $896.00M | $924.00M | $990.00M | $1.02B | $985.00M | $829.00M | $700.00M | $750.00M | $755.00M | $749.00M | $713.00M | $734.00M | $710.00M |
| Avg Forecast | $1.06B | $1.06B | $1.05B | $1.04B | $904.17M | $898.87M | $886.86M | $866.71M | $878.06M | $869.13M | $857.65M | $835.71M | $837.97M | $811.80M | $812.97M | $806.26M | $851.47M | $878.34M | $902.79M | $968.29M | $1.01B | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| High Forecast | $1.08B | $1.07B | $1.07B | $1.06B | $920.19M | $914.80M | $902.58M | $882.07M | $893.62M | $884.54M | $872.85M | $853.06M | $854.09M | $813.69M | $813.11M | $806.26M | $880.67M | $893.90M | $918.80M | $985.46M | $1.03B | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| Low Forecast | $1.04B | $1.03B | $1.02B | $1.02B | $883.15M | $877.97M | $866.24M | $846.56M | $857.64M | $848.93M | $837.72M | $812.98M | $817.71M | $809.90M | $812.82M | $806.26M | $780.28M | $857.92M | $881.81M | $945.78M | $985.32M | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.02% | 1.01% | 1.02% | 1.03% | 0.97% | 1.02% | 1.03% | 1.03% | 0.99% | 1.04% | 1.02% |
Comerica's average Quarter revenue forecast for Dec 23 based on 12 analysts is $851.47M, with a low forecast of $780.28M, and a high forecast of $880.67M. CMA's average Quarter revenue forecast represents a -4.97% decrease compared to the company's last Quarter revenue of $896.00M (Sep 23).
Comerica EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $327.00M | $356.00M | $650.00M | $601.00M | $523.00M | $376.00M | $274.00M | $325.00M | $371.00M | $461.00M | $489.00M | $324.00M | $312.00M |
| Avg Forecast | $438.51M | $435.87M | $433.26M | $430.66M | $373.36M | $371.17M | $366.21M | $357.89M | $362.58M | $358.89M | $354.15M | $345.09M | $346.03M | $335.22M | $335.70M | $333.94M | $351.60M | $362.70M | $372.79M | $303.58M | $339.40M | $341.11M | $285.64M | $275.99M | $259.68M | $259.61M | $256.38M | $395.90M | $249.06M | $246.35M |
| High Forecast | $446.28M | $443.60M | $440.94M | $438.29M | $379.98M | $377.75M | $372.70M | $364.24M | $369.01M | $365.25M | $360.43M | $352.26M | $352.68M | $336.00M | $335.76M | $400.73M | $363.66M | $369.12M | $379.40M | $364.30M | $407.28M | $341.11M | $285.64M | $331.18M | $259.68M | $259.61M | $256.38M | $475.07M | $249.06M | $246.35M |
| Low Forecast | $428.31M | $425.74M | $423.19M | $420.65M | $364.68M | $362.54M | $357.70M | $349.57M | $354.15M | $350.55M | $345.92M | $335.71M | $337.66M | $334.44M | $335.64M | $267.15M | $322.20M | $354.26M | $364.13M | $242.87M | $271.52M | $341.11M | $285.64M | $220.79M | $259.68M | $259.61M | $256.38M | $316.72M | $249.06M | $246.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.95% | 2.14% | 1.77% | 1.53% | 1.32% | 0.99% | 1.25% | 1.43% | 1.80% | 1.24% | 1.30% | 1.27% |
12 analysts predict CMA's average Quarter EBITDA for Dec 23 to be $351.60M, with a high of $363.66M and a low of $322.20M. This is 7.52% upper than Comerica's previous annual EBITDA (Sep 23) of $327.00M.
Comerica Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $251.00M | $273.00M | $324.00M | $350.00M | $351.00M | $261.00M | $189.00M | $228.00M | $262.00M | $328.00M | $350.00M | $215.00M | $211.00M |
| Avg Forecast | $266.66M | $253.26M | $238.52M | $233.16M | $226.90M | $225.02M | $212.03M | $192.21M | $193.93M | $194.43M | $184.23M | $164.23M | $167.78M | $156.26M | $159.76M | $230.35M | $112.48M | $226.13M | $249.20M | $209.41M | $238.10M | $345.01M | $237.97M | $190.37M | $212.03M | $219.49M | $215.86M | $283.36M | $159.07M | $111.99M |
| High Forecast | $272.80M | $259.10M | $244.02M | $238.53M | $232.13M | $230.21M | $216.92M | $196.64M | $198.40M | $198.91M | $188.48M | $177.47M | $181.21M | $159.29M | $159.78M | $276.42M | $119.00M | $231.34M | $254.94M | $251.29M | $285.72M | $345.01M | $237.97M | $228.44M | $212.03M | $219.49M | $215.86M | $340.03M | $159.07M | $111.99M |
| Low Forecast | $258.60M | $245.61M | $231.31M | $226.11M | $220.04M | $218.22M | $205.63M | $186.40M | $188.07M | $188.56M | $178.67M | $153.64M | $151.68M | $153.24M | $159.75M | $184.28M | $88.84M | $219.30M | $241.67M | $167.53M | $190.48M | $345.01M | $237.97M | $152.30M | $212.03M | $219.49M | $215.86M | $226.69M | $159.07M | $111.99M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.10% | 1.55% | 1.47% | 1.02% | 1.10% | 0.99% | 1.08% | 1.19% | 1.52% | 1.24% | 1.35% | 1.88% |
Comerica's average Quarter net income forecast for Dec 23 is $112.48M, with a range of $88.84M to $119.00M. CMA's average Quarter net income forecast represents a -55.19% decrease compared to the company's last Quarter net income of $251.00M (Sep 23).
Comerica SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $346.00M | $332.00M | $347.00M | $339.00M | $324.00M | $310.00M | $298.00M | $307.00M | $296.00M | $293.00M | $294.00M | $291.00M | $274.00M |
| Avg Forecast | $393.41M | $391.05M | $388.71M | $386.37M | $334.97M | $333.01M | $328.56M | $321.09M | $325.30M | $321.99M | $317.74M | $309.61M | $310.44M | $300.75M | $301.18M | $379.04M | $315.45M | $325.40M | $334.46M | $344.58M | $320.60M | $332.68M | $278.59M | $313.25M | $253.26M | $253.20M | $250.04M | $238.02M | $242.91M | $240.26M |
| High Forecast | $400.39M | $397.98M | $395.60M | $393.22M | $340.91M | $338.91M | $334.38M | $326.78M | $331.06M | $327.70M | $323.37M | $316.03M | $316.41M | $301.45M | $301.24M | $454.84M | $326.26M | $331.17M | $340.39M | $413.49M | $384.72M | $332.68M | $278.59M | $375.90M | $253.26M | $253.20M | $250.04M | $285.63M | $242.91M | $240.26M |
| Low Forecast | $384.27M | $381.96M | $379.67M | $377.39M | $327.18M | $325.26M | $320.92M | $313.63M | $317.73M | $314.50M | $310.35M | $301.19M | $302.94M | $300.05M | $301.13M | $303.23M | $289.07M | $317.84M | $326.69M | $275.66M | $256.48M | $332.68M | $278.59M | $250.60M | $253.26M | $253.20M | $250.04M | $190.42M | $242.91M | $240.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.99% | 1.01% | 1.06% | 0.97% | 1.11% | 0.95% | 1.21% | 1.17% | 1.17% | 1.24% | 1.20% | 1.14% |
Comerica's average Quarter SG&A projection for Dec 23 is $315.45M, based on 12 Wall Street analysts, with a range of $289.07M to $326.26M. The forecast indicates a -8.83% fall compared to CMA last annual SG&A of $346.00M (Sep 23).
Comerica EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 8 | 10 | 9 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.85 | $2.02 | $2.41 | $2.61 | $2.63 | $1.94 | $1.39 | $1.74 | $1.92 | $2.35 | $2.46 | $1.50 | $1.45 |
| Avg Forecast | $1.99 | $1.89 | $1.78 | $1.74 | $1.69 | $1.68 | $1.58 | $1.43 | $1.45 | $1.45 | $1.37 | $1.23 | $1.25 | $1.17 | $1.19 | $1.10 | $0.84 | $1.69 | $1.86 | $2.29 | $2.55 | $2.57 | $1.78 | $1.38 | $1.58 | $1.64 | $1.61 | $1.37 | $1.19 | $0.84 |
| High Forecast | $2.04 | $1.93 | $1.82 | $1.78 | $1.73 | $1.72 | $1.62 | $1.47 | $1.48 | $1.48 | $1.41 | $1.32 | $1.35 | $1.19 | $1.19 | $1.10 | $0.89 | $1.73 | $1.90 | $2.34 | $2.61 | $2.57 | $1.78 | $1.40 | $1.58 | $1.64 | $1.61 | $1.37 | $1.19 | $0.84 |
| Low Forecast | $1.93 | $1.83 | $1.73 | $1.69 | $1.64 | $1.63 | $1.53 | $1.39 | $1.40 | $1.41 | $1.33 | $1.15 | $1.13 | $1.14 | $1.19 | $1.09 | $0.66 | $1.64 | $1.80 | $2.22 | $2.47 | $2.57 | $1.78 | $1.35 | $1.58 | $1.64 | $1.61 | $1.37 | $1.19 | $0.84 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.09% | 1.05% | 1.02% | 1.02% | 1.09% | 1.01% | 1.10% | 1.17% | 1.46% | 1.80% | 1.26% | 1.73% |
According to 12 Wall Street analysts, Comerica's projected average Quarter EPS for Dec 23 is $0.84, with a low estimate of $0.66 and a high estimate of $0.89. This represents a -54.63% decrease compared to CMA previous annual EPS of $1.85 (Sep 23).
Comerica Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WAL | Western Alliance Ban | $88.33 | $97.33 | 10.19% | Buy |
| USB | U.S. Bancorp | $49.98 | $53.08 | 6.20% | Buy |
| TFC | Truist Financial | $45.13 | $46.86 | 3.83% | Buy |
| RF | Regions Financial | $24.61 | $25.29 | 2.76% | Buy |
| KEY | KeyCorp | $17.80 | $18.15 | 1.97% | Buy |
| PNC | PNC Financial Services Group | $198.30 | $202.00 | 1.87% | Buy |
| CMA | Comerica | $64.41 | $64.08 | -0.51% | Buy |
| HBAN | Huntington Bancshares | $16.94 | $16.56 | -2.24% | Buy |
| ZION | Zions Bancorporation, National Association | $56.22 | $54.00 | -3.95% | Hold |
| FHN | First Horizon | $19.95 | $19.00 | -4.76% | Buy |