DA Davidson Has Optimistic Outlook of Comerica Q1 Earnings

Comerica Incorporated (NYSE:CMA) – DA Davidson upped their Q1 2025 earnings per share (EPS) estimates for shares of Comerica in a research report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the financial services provider will post earnings per share of $1.02 for the quarter, up from their previous forecast of $1.01. DA Davidson has a “Neutral” rating and a $67.00 price target on the stock. The consensus estimate for Comerica’s current full-year earnings is $5.28 per share. DA Davidson also issued estimates for Comerica’s FY2026 earnings at $5.82 EPS.

CMA has been the topic of several other research reports. Keefe, Bruyette & Woods cut their price target on shares of Comerica from $82.00 to $77.00 and set an “outperform” rating on the stock in a report on Thursday, January 23rd. Stephens lowered shares of Comerica from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $66.00 to $64.00 in a research note on Monday. Argus raised shares of Comerica to a “hold” rating in a research report on Friday, January 31st. Robert W. Baird raised their price target on Comerica from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Finally, Morgan Stanley cut their target price on Comerica from $71.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 13th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $67.95.

Comerica Stock Performance

Comerica stock opened at $59.30 on Thursday. Comerica has a fifty-two week low of $45.32 and a fifty-two week high of $73.45. The stock has a fifty day moving average of $62.70 and a two-hundred day moving average of $63.62. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $7.78 billion, a price-to-earnings ratio of 11.81 and a beta of 1.23.

Comerica (NYSE:CMA) last issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.05). Comerica had a net margin of 13.98% and a return on equity of 12.04%. During the same quarter last year, the firm earned $1.46 earnings per share.

Comerica Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th were issued a dividend of $0.71 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 4.79%. Comerica’s payout ratio is presently 56.57%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Trust Co. of Vermont boosted its stake in Comerica by 300.0% in the fourth quarter. Trust Co. of Vermont now owns 428 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 321 shares in the last quarter. Luken Investment Analytics LLC bought a new position in Comerica in the fourth quarter valued at approximately $31,000. MCF Advisors LLC boosted its holdings in Comerica by 56.3% during the fourth quarter. MCF Advisors LLC now owns 633 shares of the financial services provider’s stock worth $39,000 after buying an additional 228 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Comerica in the third quarter valued at about $42,000. Finally, V Square Quantitative Management LLC lifted its position in Comerica by 36.7% in the 4th quarter. V Square Quantitative Management LLC now owns 824 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 221 shares in the last quarter. 80.74% of the stock is owned by institutional investors and hedge funds.

About Comerica

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 Bank 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, foreign exchange management services, and loan syndication services for small and middle market businesses, multinational corporations, and governmental entities.