Notable Stock to Watch: Comerica Incorporated (NYSE: CMA)

Comerica Incorporated (NYSE: CMA) changed -0.80% to recent value of $71.79. The stock transacted 1574093 shares during most recent day however it has an average volume of 1781.71K shares. It spotted trading -28.67% off 52-week high price. On the other end, the stock has been noted 12.72% away from the low price over the last 52-weeks.

On July 23, 2019, The Board of Directors of Comerica Incorporated (NYSE: CMA) announced a quarterly cash dividend for common stock of 67 cents ($0.67) per share. The dividend is payable Oct. 1, 2019, to common stock shareholders of record at close of business Sept.13, 2019.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $73 billion at June 30, 2019.

CMA has an operating margin of 83.60% while its profit margin remained 43.60% for the last 12 months. Its earnings per share (EPS) expected to touch remained 50.20% for this year while earning per share for the next 5-years is expected to reach at 3.60%.

The company has 158M of outstanding shares and 152.66M shares were floated in the market. The price moved ahead of 0.37% from the mean of 20 days, 0.61% from mean of 50 days SMA and performed -6.94% from mean of 200 days price. Company’s performance for the week was 3.53%, 2.70% for month and YTD performance remained 4.51%.


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