Comerica (CMA)
Comerica Statistics
Share Statistics
Comerica has 131.21M shares outstanding. The number of shares has increased by -1.04% in one year.
| Shares Outstanding | 131.21M |
| Shares Change (YoY) | -1.04% |
| Shares Change (QoQ) | -0.23% |
| Owned by Institutions (%) | 80.82% |
| Shares Floating | 129.91M |
| Failed to Deliver (FTD) Shares | 5 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.58M, so 3.49% of the outstanding shares have been sold short.
| Short Interest | 4.58M |
| Short % of Shares Out | 3.49% |
| Short % of Float | 4.54% |
| Short Ratio (days to cover) | 2.47 |
Valuation Ratios
The PE ratio is 11.79 and the forward PE ratio is 9.06. Comerica's PEG ratio is -0.54.
| PE Ratio | 11.79 |
| Forward PE | 9.06 |
| PS Ratio | 2.54 |
| Forward PS | 1.9 |
| PB Ratio | 1.26 |
| P/FCF Ratio | 13.69 |
| PEG Ratio | -0.54 |
Enterprise Valuation
Comerica has an Enterprise Value (EV) of 14.05B.
| EV / Sales | 4.33 |
| EV / EBITDA | 0 |
| EV / EBIT | 23.38 |
| EV / FCF | 23.38 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 1.02.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | - |
| Debt / FCF | 11.1 |
| Interest Coverage | -1.56 |
Financial Efficiency
Return on Equity is 10.67% and Return on Invested Capital is -13.12%.
| Return on Equity | 10.67% |
| Return on Assets | 0.88% |
| Return on Invested Capital | -13.12% |
| Revenue Per Employee | $428.82K |
| Profits Per Employee | $92.27K |
| Employee Count | 7,565 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 190M |
| Effective Tax Rate | 21.4% |
Stock Price Statistics
The stock price has increased by 4.42% in the last 52 weeks. The beta is 0.98, so Comerica's price volatility has been higher than the market average.
| Beta | 0.98 |
| 52-Week Price Change | 4.42% |
| 50-Day Moving Average | 59.73 |
| 200-Day Moving Average | 60.5 |
| Relative Strength Index (RSI) | 41.15 |
| Average Volume (20 Days) | 2.65M |
Income Statement
In the last 12 months, Comerica had revenue of 3.24B and earned 698M in profits. Earnings per share was 5.06.
| Revenue | 3.24B |
| Gross Profit | 3.94B |
| Operating Income | -2.73B |
| Net Income | 698M |
| EBITDA | 0 |
| EBIT | -96M |
| Earnings Per Share (EPS) | 5.06 |
Balance Sheet
The company has 850M in cash and 6.67B in debt, giving a net cash position of -5.82B.
| Cash & Cash Equivalents | 850M |
| Total Debt | 6.67B |
| Net Cash | -5.82B |
| Retained Earnings | 12.02B |
| Total Assets | 79.3B |
| Working Capital | 15.89B |
Cash Flow
In the last 12 months, operating cash flow was 601M and capital expenditures 0, giving a free cash flow of 601M.
| Operating Cash Flow | 601M |
| Capital Expenditures | 0 |
| Free Cash Flow | 601M |
| FCF Per Share | 4.52 |
Margins
Gross margin is 121.42%, with operating and profit margins of -84.25% and 21.52%.
| Gross Margin | 121.42% |
| Operating Margin | -84.25% |
| Pretax Margin | 27.37% |
| Profit Margin | 21.52% |
| EBITDA Margin | n/a |
| EBIT Margin | -84.25% |
| FCF Margin | 18.53% |
Dividends & Yields
CMA pays an annual dividend of $3.55, which amounts to a dividend yield of 4.92%.
| Dividend Per Share | $3.55 |
| Dividend Yield | 4.92% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 70.72% |
| Earnings Yield | 8.49% |
| FCF Yield | 7.31% |
Analyst Forecast
The average price target for CMA is $69.5, which is 31.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $69.5 |
| Price Target Difference | 31.4% |
| Analyst Consensus | Hold |
| Analyst Count | 19 |
Stock Splits
The last stock split was on Apr 2, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Apr 2, 1998 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 0.57 |
| Piotroski F-Score | 5 |