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How to Buy Comerica Stock

Comerica Inc

Comerica is a bank company located in Texas, United States, which is part of the Financial Services sector, and is traded under the ticker CMA on the NYSE exchange.

Comerica stock last closed at $54.51, down 1.21% from the previous day, and has increased 60.75% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.31 percentage points. Comerica stock is currently +56.28% from its 52-week low of $34.88, and -5.02% from its 52-week high of $57.39.

At the moment, there are 132.59M shares of CMA outstanding. The market capitalization of CMA is $7.23B. In the past 24 hours, 879,831 CMA shares were traded.

How to Buy Comerica Stock

Not sure how to invest in Comerica stock? Here's how.
  1. Decide where to buy Comerica stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Comerica stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Pick your method of payment and add your information.
  4. Research Comerica stock: The Comerica ticker symbol is CMA. Is Comerica stock a good investment? Should you buy shares of CMA? How do CMA's underlying business fundamentals look? Do top analysts think Comerica is a good buy? Why has CMA's stock price moved recently? (Hint: Our stock market research website can help you evaluate if CMA is a good stock to buy).
  5. Execute your CMA trade: Decide if you will purchase CMA shares at the current market price or use a limit order to purchase CMA shares at a given price.
  6. Track your CMA investment: Create a watchlist to keep track of your investment in Comerica shares.

Step 1: Decide where to buy Comerica stock

You will need a brokerage account to access the NYSE market and buy CMA shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, you need to fill out some personal details so you can buy CMA stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Provide your personal data to open a new brokerage account.
  1. Send your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've filled out your info on stock market app, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring funds into your investment account.

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Step 4: Research Comerica stock

After you have chosen the best place to buy Comerica stock, it's important to evaluate their stock before you invest, so you can comprehend the risk as well as the opportunity.

Comerica Metrics

CMA Price
$54.51
1w %
2.17%
1y %
60.75%
5y %
-26.43%
P/E
10.77x
P/B
1.19x
P/S
2.18x
PEG
0.14x
Revenue
$3.31B
Earnings
$668.00M
Fore. Rev. Growth
3.84%
Fore. Earn. Growth
86.08%
Market Cap
$7.23B
Next Earnings
N/A
Next Dividend
Jul 1, 2024

Fundamentals of Comerica

WallStreetZen was built to help part-time investors do better fundamental analysis.

You can see all of the due diligence checks on CMA's stock page.

How is CMA stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge CMA's intrinsic value.

Using relative valuations methods:

  • CMA could be undervalued based on its P/E ratio of 10.77x, relative to Banks - Regional industry P/E ratio of -6.82x
  • CMA may be overvalued based on its P/B ratio of 1.19x, relative to Banks - Regional industry P/B ratio of 1.05x
  • CMA may be undervalued based on its PEG ratio of 0.14x

You can access more valuation analysis on CMA's stock here.

CMA Financial Health Summary

Signs that CMA is financially healthy:

  • CMA earnings of $902.00M is not enough to cover its interest payments.

Signs that CMA is not financially healthy:

  • Total CMA debt is higher than 5 years ago, relative to shareholder equity.
  • CMA has a relatively high debt to equity ratio of 12.13.
  • CMA profit margin has gone down from 33.8% to 20.2% in the past year.
  • CMA's operating cash flow of $584.00M allows it to safely service it's debt of $7.12B.

Is it a good time to buy Comerica stock, according to Wall Street analysts?

Out of 16 Wall Street analysts who research CMA, the consensus analyst rating on CMA is a Hold

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Most Recent CMA Analyst Forecasts

Erika Najarian, a bottom 7% analyst from UBS maintains CMA with a hold rating and lowers their CMA price target from $59.00 to $55.00, on Apr 19, 2024.

Terry McEvoy, a bottom 13% analyst from Stephens & Co. reiterates CMA with a strong buy rating and maintains their CMA price target from $64.00 to $64.00, on Apr 19, 2024.

Bernard von-Gizycki, a bottom 18% analyst from Deutsche Bank initiates coverage on CMA with a hold rating and announces their CMA price target of $59.00, on Apr 10, 2024.

Ken Usdin, a top 26% analyst from Jefferies maintains CMA with a strong buy rating and lowers their CMA price target from $65.00 to $60.00, on Apr 8, 2024.

An analyst from Evercore ISI Group maintains CMA with a hold rating and raises their CMA price target from $55.00 to $58.00, on Mar 28, 2024.

You can dive deeper into what analysts are saying on the Comerica stock forecast page.

CMA Technicals

SMA10
53.79
SMA20
52.83
SMA50
52.32
SMA100
52.52
SMA200
48.88
MACD
0.65
MACD Signal
0.41
MACD Histogram
0.24
RSI
58.72
Stochastic %K
84.12
Stochastic %D
84.9
StochRSI %K
91.07
StochRSI %D
87.17

How are CMA Revenues/Earnings doing?

Last year, CMA earnings were $668.00M. Over the last five year, CMA's earnings have increased by -8.36% per year. This was slower than the Banks - Regional industry average of 13.89%.

Last year, CMA revenue was $3.31B. In the past 5 year, CMA's revenue has increased by -0.55% per year. This was slower than the Banks - Regional industry average of 10.86%.

You can analyze CMA's earnings and revenue performance here.

Who is buying/selling CMA?

Over the past year, executives and large shareholders at CMA have sold more shares than they have bought.

Megan D. Crespi, SEVP COO of CMA, was the latest CMA insider to sell. They sold $6,823.12 worth of CMA shares on Apr 30, 2024.

Research more about who owns CMA stock here.

Can I rely on CMA as an income stream?

Comerica pays a dividend of 5.21%, compared to the Banks - Regional industry's average dividend yield of 3.62%. If you owned $1,000 of CMA stock, you would have been paid $52.10 last year.

Comerica dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Comerica dividend yield and history here.

What others are saying about CMA

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Execute your CMA trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, place a limit order.

Click the Open Trade button and eToro will execute your order.

If you want more assistance investing in stocks on eToro, watch the how to video below:

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Step 6: Track your CMA investment

Now that you own some CMA stock, you'll want to keep up with your new company.

Create a watchlist to keep track of your CMA stock.

CMA Feed

How to Buy Stock in Comerica

To summarize, here are the 6 steps for buying Comerica stock:

  1. Decide where to buy Comerica stock
  2. Open a brokerage account
  3. Deposit funds into your investment account
  4. Research Comerica stock
  5. Execute your CMA trade
  6. Track your CMA investment

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Comerica, create your watchlist below.

NYSE: CMA
$54.51-0.67 (-1.21%)
Updated May 16, 2024
Open eToro Account
NYSE: CMA
$54.51-0.67 (-1.21%)
Updated May 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Comerica share?

As of May 16, 2024, it costs $54.51 to buy one share of Comerica stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.183 shares of CMA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Comerica stock?

According to 16 Wall Street analysts who monitor Comerica, their consensus recommendation is to hold Comerica stock.

What is the best way to buy Comerica stock?

One way to place an order for Comerica stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.