Comerica Incorporated (CMA) EPS Estimated At $1.52

March 16, 2018 - By Peter Erickson

 Comerica Incorporated (CMA) EPS Estimated At $1.52
Investors sentiment decreased to 1.06 in 2017 Q3. Its down 0.29, from 1.35 in 2017Q2. It fall, 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.
Verition Fund Mgmt Ltd Liability Company has invested 0.1% in Comerica Incorporated (NYSE:CMA). Pinebridge Investments Ltd Partnership invested 0.6% in Comerica Incorporated (NYSE:CMA). Ngam Advisors Ltd Partnership holds 0.03% or 39,668 shares in its portfolio. Moreover, Employees Retirement System Of Texas has 0.04% invested in Comerica Incorporated (NYSE:CMA). Arizona State Retirement Systems owns 152,165 shares for 0.14% of their portfolio. Fmr Llc has invested 0.02% in Comerica Incorporated (NYSE:CMA). Group One Trading Ltd Partnership reported 0% stake. Roosevelt Investment Gp holds 4,899 shares or 0.03% of its portfolio. 2.92M are owned by Goldman Sachs Gru Inc. Catawba Mngmt Va accumulated 3,090 shares. 2,638 are owned by Parkwood Lc. State Teachers Retirement invested in 306,661 shares. Dillon And Inc has invested 0.1% in Comerica Incorporated (NYSE:CMA). Moreover, Scout Invests has 0.96% invested in Comerica Incorporated (NYSE:CMA). Suntrust Banks stated it has 0.01% in Comerica Incorporated (NYSE:CMA).

Since January 18, 2018, it had 0 insider buys, and 12 insider sales for $26.49 million activity. Duprey David E had sold 11,293 shares worth $1.08M. $1.81M worth of stock was sold by FARMER CURTIS C on Saturday, January 27. Burkhart Megan D sold $463,258 worth of stock. Buchanan John D had sold 2,571 shares worth $243,919. 4,000 Comerica Incorporated (NYSE:CMA) shares with value of $397,808 were sold by RITCHIE MICHAEL T. 1,052 Comerica Incorporated (NYSE:CMA) shares with value of $102,044 were sold by Guilfoile Peter William.

Analysts expect Comerica Incorporated (NYSE:CMA) to report $1.52 EPS on April, 17 before the open.They anticipate $0.50 EPS change or 49.02 % from last quarter’s $1.02 EPS. CMA’s profit would be $262.67 million giving it 16.27 P/E if the $1.52 EPS is correct. After having $1.28 EPS previously, Comerica Incorporated’s analysts see 18.75 % EPS growth. The stock increased 0.91% or $0.89 during the last trading session, reaching $98.94. About 2.71 million shares traded or 84.93% up from the average. Comerica Incorporated (NYSE:CMA) has risen 54.07% since March 17, 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 129 analyst reports since July 20, 2015 according to SRatingsIntel. The rating was maintained by Wedbush with “Hold” on Monday, March 5. BMO Capital Markets maintained the shares of CMA in report on Monday, October 19 with “Underperform” rating. The firm has “Outperform” rating by Keefe Bruyette & Woods given on Tuesday, November 29. The firm earned “Outperform” rating on Wednesday, January 20 by RBC Capital Markets. The stock of Comerica Incorporated (NYSE:CMA) has “Underweight” rating given on Wednesday, April 20 by Barclays Capital. The stock of Comerica Incorporated (NYSE:CMA) earned “Buy” rating by BMO Capital Markets on Tuesday, March 6. Piper Jaffray maintained the shares of CMA in report on Friday, September 1 with “Hold” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, August 21. The firm earned “Buy” rating on Tuesday, January 16 by RBC Capital Markets. FBR Capital maintained Comerica Incorporated (NYSE:CMA) rating on Wednesday, October 19. FBR Capital has “Mkt Perform” rating and $52 target.

Comerica Incorporated, through its subsidiaries, provides various financial services and products. The company has market cap of $17.10 billion. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. It has a 23.9 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.

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