Comerica (CMA) Stock Forecast, Price Target & Predictions
CMA Stock Forecast
Comerica stock forecast is as follows: an average price target of $69.69 (represents a 2.67% upside from CMA’s last price of $67.88) 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 $69.69 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $114.00 to $47.24. This represents a potential 2.67% upside from CMA's last price of $67.88.
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% | 17.86% |
| Oct 21, 2024 | Jason Goldberg | Barclays | $66.00 | $62.03 | 6.40% | -2.77% |
| Oct 21, 2024 | Brandon King | Truist Financial | $70.00 | $62.03 | 12.85% | 3.12% |
| Oct 21, 2024 | Manan Gosalia | Morgan Stanley | $67.00 | $64.50 | 3.88% | -1.30% |
| Oct 21, 2024 | Michael Rose | Raymond James | $70.00 | $64.94 | 7.79% | 3.12% |
| Oct 21, 2024 | Terry McEvoy | Stephens | $70.00 | $64.94 | 7.79% | 3.12% |
| Oct 21, 2024 | Keith Horowitz | Citigroup | $63.00 | $64.94 | -2.99% | -7.19% |
| Oct 18, 2024 | John Pancari | Evercore ISI | $64.00 | $64.94 | -1.45% | -5.72% |
| Sep 30, 2024 | Manan Gosalia | Morgan Stanley | $63.00 | $59.38 | 6.10% | -7.19% |
| Jul 23, 2024 | David Rochester | Compass Point | $56.00 | $51.46 | 8.82% | -17.50% |
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 17.86% increase from CMA last price ($67.88).
Comerica Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 7 | 9 | 25 |
| Avg Price Target | $69.43 | $68.11 | $62.08 |
| Last Closing Price | $67.88 | $67.88 | $67.88 |
| Upside/Downside | 2.28% | 0.34% | -8.54% |
In the current month, the average price target of Comerica stock is $69.43, according to 7 Wall Street analysts offering twelve months forecast. The average price target represents a 2.28% increase as opposed to Comerica's last price of $67.88. This month's average price target is up 1.94% compared to last quarter, and up 11.84% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
Comerica's last stock rating was published by Wells Fargo on Oct 21, 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 | $877.01M | $871.75M | $866.51M | $861.31M | $903.56M | $897.16M | $885.14M | $871.94M | $878.30M | $866.70M | $856.54M | $836.23M | $838.30M | $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 | $892.25M | $886.89M | $881.57M | $876.28M | $919.26M | $912.75M | $900.52M | $887.09M | $893.56M | $881.76M | $871.43M | $853.69M | $854.60M | $813.69M | $813.11M | $806.26M | $880.67M | $893.60M | $918.48M | $985.12M | $1.03B | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| Low Forecast | $858.12M | $852.97M | $847.85M | $842.76M | $884.09M | $877.83M | $866.08M | $853.16M | $859.38M | $848.03M | $838.09M | $813.58M | $818.20M | $809.90M | $812.82M | $806.26M | $780.28M | $859.42M | $883.35M | $947.44M | $987.04M | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| # Analysts | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 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 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 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 | $302.04M | $300.22M | $298.42M | $296.63M | $311.18M | $308.97M | $304.84M | $300.29M | $302.48M | $298.48M | $294.99M | $287.99M | $288.70M | $279.58M | $279.98M | $333.94M | $293.24M | $302.49M | $310.92M | $303.58M | $339.40M | $341.11M | $285.64M | $275.99M | $259.68M | $259.61M | $256.38M | $395.90M | $249.06M | $246.35M |
| High Forecast | $307.28M | $305.44M | $303.61M | $301.78M | $316.59M | $314.34M | $310.13M | $305.51M | $307.74M | $303.67M | $300.11M | $294.00M | $294.32M | $280.23M | $280.03M | $400.73M | $303.30M | $307.75M | $316.32M | $364.30M | $407.28M | $341.11M | $285.64M | $331.18M | $259.68M | $259.61M | $256.38M | $475.07M | $249.06M | $246.35M |
| Low Forecast | $295.53M | $293.76M | $291.99M | $290.24M | $304.48M | $302.32M | $298.27M | $293.82M | $295.96M | $292.05M | $288.63M | $280.19M | $281.78M | $278.92M | $279.93M | $267.15M | $268.72M | $295.98M | $304.22M | $242.87M | $271.52M | $341.11M | $285.64M | $220.79M | $259.68M | $259.61M | $256.38M | $316.72M | $249.06M | $246.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.15% | 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 $293.24M, with a high of $303.30M and a low of $268.72M. This is -10.32% lower 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 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 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 | $225.93M | $224.43M | $213.31M | $192.25M | $195.39M | $193.96M | $183.28M | $163.57M | $167.95M | $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 | $272.68M | $258.98M | $243.91M | $238.43M | $231.04M | $229.50M | $218.13M | $196.60M | $199.81M | $198.34M | $187.42M | $176.76M | $177.35M | $159.29M | $159.78M | $276.42M | $119.00M | $231.24M | $254.83M | $251.29M | $285.72M | $345.01M | $237.97M | $228.44M | $212.03M | $219.49M | $215.86M | $340.03M | $159.07M | $111.99M |
| Low Forecast | $259.19M | $246.17M | $231.84M | $226.63M | $219.61M | $218.15M | $207.34M | $186.87M | $189.92M | $188.53M | $178.15M | $153.02M | $151.82M | $153.24M | $159.75M | $184.28M | $88.84M | $219.80M | $242.22M | $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 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 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 | $324.91M | $322.96M | $321.02M | $319.09M | $334.74M | $332.37M | $327.92M | $323.03M | $325.39M | $321.09M | $317.33M | $309.80M | $310.57M | $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 | $330.55M | $328.57M | $326.60M | $324.64M | $340.56M | $338.15M | $333.62M | $328.64M | $331.04M | $326.67M | $322.84M | $316.27M | $316.61M | $301.45M | $301.24M | $454.84M | $326.26M | $331.05M | $340.27M | $413.49M | $384.72M | $332.68M | $278.59M | $375.90M | $253.26M | $253.20M | $250.04M | $285.63M | $242.91M | $240.26M |
| Low Forecast | $317.91M | $316.00M | $314.10M | $312.22M | $327.53M | $325.21M | $320.86M | $316.07M | $318.38M | $314.17M | $310.49M | $301.41M | $303.12M | $300.05M | $301.13M | $303.23M | $289.07M | $318.39M | $327.26M | $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 | 7 | 4 | 4 | 7 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 9 | 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 | $1.67 | $1.59 | $1.43 | $1.46 | $1.45 | $1.37 | $1.22 | $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 | $2.03 | $1.93 | $1.82 | $1.78 | $1.72 | $1.71 | $1.63 | $1.47 | $1.49 | $1.48 | $1.40 | $1.32 | $1.32 | $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 | $1.84 | $1.73 | $1.69 | $1.64 | $1.63 | $1.55 | $1.39 | $1.42 | $1.41 | $1.33 | $1.14 | $1.13 | $1.14 | $1.19 | $1.09 | $0.66 | $1.64 | $1.81 | $2.23 | $2.48 | $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 |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $46.18 | $53.53 | 15.92% | Buy |
| USB | U.S. Bancorp | $50.74 | $55.07 | 8.53% | Buy |
| WAL | Western Alliance Ban | $89.17 | $92.00 | 3.17% | Buy |
| CMA | Comerica | $67.88 | $69.69 | 2.67% | Buy |
| ZION | Zions Bancorporation, National Association | $58.66 | $58.52 | -0.24% | Hold |
| KEY | KeyCorp | $19.02 | $18.74 | -1.47% | Buy |
| FHN | First Horizon | $19.87 | $19.10 | -3.88% | Buy |
| RF | Regions Financial | $26.26 | $25.04 | -4.65% | Buy |
| PNC | PNC Financial Services Group | $203.95 | $193.74 | -5.01% | Buy |
| HBAN | Huntington Bancshares | $17.47 | $16.40 | -6.12% | Buy |