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 $60.21, down 3.34% from the previous day, and has increased 8.39% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.09 percentage points. Comerica stock is currently +32.86% from its 52-week low of $45.32, and -18.03% from its 52-week high of $73.45.
At the moment, there are 131.51M shares of CMA outstanding. The market capitalization of CMA is $7.92B. In the past 24 hours, 2.83M CMA shares were traded.
How to Buy Comerica Stock
Not sure how to invest in Comerica stock? Here's how.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 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
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
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.
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
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 14.94x, relative to Banks - Regional industry P/E ratio of 32.42x
- CMA may be overvalued based on its P/B ratio of 1.08x, relative to Banks - Regional industry P/B ratio of 1.06x
- CMA may be undervalued based on its PEG ratio of 0.56x
You can access more valuation analysis on CMA's stock here.
CMA Financial Health Summary
Signs that CMA is financially healthy:
- CMA's operating cash flow of $2.08B allows it to safely service it's debt of $6.79B.
- CMA earnings of $723.00M 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 profit margin has gone down from 31.4% to 16.9% in the past year.
- CMA has a relatively high debt to equity ratio of 9.82.
Is it a good time to buy Comerica stock, according to Wall Street analysts?
Out of 18 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
Christopher Mcgratty, a top 17% analyst from Keefe, Bruyette & Woods maintains CMA with a buy rating and raises their CMA price target from $72.00 to $82.00, on Dec 4, 2024.
Scott Siefers, a top 16% analyst from Piper Sandler maintains CMA with a hold rating and raises their CMA price target from $64.00 to $72.00, on Dec 3, 2024.
David George, a top 12% analyst from Baird maintains CMA with a buy rating and raises their CMA price target from $75.00 to $80.00, on Nov 18, 2024.
Mike Mayo, a top 10% analyst from Wells Fargo upgrades CMA to a hold rating and raises their CMA price target from $51.00 to $73.00, on Nov 15, 2024.
John Pancari, a top 19% analyst from Evercore ISI Group maintains CMA with a hold rating and raises their CMA price target from $64.00 to $69.00, on Oct 30, 2024.
You can dive deeper into what analysts are saying on the Comerica stock forecast page.
CMA Technicals
How are CMA Revenues/Earnings doing?
Last year, CMA earnings were $535.00M. Over the last five year, CMA's earnings have increased by -12.75% per year. This was slower than the Banks - Regional industry average of 30.4%.
Last year, CMA revenue was $3.16B. In the past 5 year, CMA's revenue has increased by -0.98% per year. This was slower than the Banks - Regional industry average of 15.22%.
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.
Corey R. Bailey, Executive Vice President of CMA, was the latest CMA insider to sell. They sold $132,515.52 worth of CMA shares on Dec 2, 2024.
Research more about who owns CMA stock here.
Can I rely on CMA as an income stream?
Comerica pays a dividend of 4.72%, compared to the Banks - Regional industry's average dividend yield of 3.06%. If you owned $1,000 of CMA stock, you would have been paid $47.17 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:
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:
- Decide where to buy Comerica stock
- Open a brokerage account
- Deposit funds into your investment account
- Research Comerica stock
- Execute your CMA trade
- Track your CMA investment
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Comerica, create your watchlist below.
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