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 (%) | 80.81% |
| Shares Floating | 130.02M |
| Failed to Deliver (FTD) Shares | 5.46K |
| FTD / Avg. Volume | 0.25% |
Short Selling Information
The latest short interest is 4.78M, so 3.65% of the outstanding shares have been sold short.
| Short Interest | 4.78M |
| Short % of Shares Out | 3.65% |
| Short % of Float | 4.74% |
| Short Ratio (days to cover) | 1.81 |
Valuation Ratios
The PE ratio is 11.79 and the forward PE ratio is 9.21. Comerica's PEG ratio is -0.54.
| PE Ratio | 11.79 |
| Forward PE | 9.21 |
| PS Ratio | 2.54 |
| Forward PS | 2 |
| PB Ratio | 1.26 |
| P/FCF Ratio | 13.69 |
| PEG Ratio | -0.54 |
Enterprise Valuation
Comerica has an Enterprise Value (EV) of 8.1B.
| EV / Sales | 2.5 |
| EV / EBITDA | 0 |
| EV / EBIT | 13.47 |
| EV / FCF | 13.47 |
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 | $412.72K |
| Profits Per Employee | $88.8K |
| Employee Count | 7,860 |
| 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 5.09% 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 | 5.09% |
| 50-Day Moving Average | 57.17 |
| 200-Day Moving Average | 60.53 |
| Relative Strength Index (RSI) | 49.73 |
| Average Volume (20 Days) | 2.15M |
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 6.8B in cash and 6.67B in debt, giving a net cash position of 131M.
| Cash & Cash Equivalents | 6.8B |
| Total Debt | 6.67B |
| Net Cash | 131M |
| Retained Earnings | 12.02B |
| Total Assets | 77.62B |
| Working Capital | 14.96B |
Cash Flow
In the last 12 months, operating cash flow was 601M and capital expenditures -153M, giving a free cash flow of 601M.
| Operating Cash Flow | 601M |
| Capital Expenditures | -153M |
| 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 | 67.11% |
| Earnings Yield | 8.49% |
| FCF Yield | 7.31% |
Analyst Forecast
The average price target for CMA is $64, which is 17.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $64 |
| Price Target Difference | 17.4% |
| 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 |