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Canadian Imperial Bank Of Commerce (CM)
NYSE:CM
RESEARCH TOOLSreports
Canadian Bank of Commerce (CM) Stock Price & Analysis
1,118 Followers
CM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.97 - $50.17
Previous Close$47.28
Volume3.03M
Average Volume (3M)1.19M
Market Cap
$44.37B
Enterprise Value$50.22B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$7.79B
Price to Earnings (P/E)9.7
Beta1.03
Next Earnings
Aug 29, 2024EPS Estimate
$1.26Last Dividend Ex-Date
Jun 28, 2024Dividend Yield5.51%
Share Statistics
EPS (TTM)4.86
Shares Outstanding943,002,000
10 Day Avg. Volume1,367,180
30 Day Avg. Volume1,189,243
Standard Deviation0.08
R-Squared0.52
Alpha-0.00111
Financial Highlights & Ratios
Price to Book (P/B)1.45
Price to Sales (P/S)4.51
Price to Cash Flow (P/CF)4.50
P/FCF Ratio1.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$55.74Price Target Upside16.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Canadian Bank of Commerce News
PremiumCompany Announcements
CIBC Issues $2.25 Billion in Senior Notes
PremiumCompany Announcements
CIBC Set to Redeem Preferred Shares Series 39
PremiumCompany Announcements
CIBC Announces Redemption of Preferred Shares
PremiumCompany Announcements
CIBC Debuts $500M Capital Notes Offering
PremiumCompany Announcements
CIBC Announces $1 Billion Debenture Offering
Bulls Say, Bears Say
Bulls Say
Capital PositionCM reached a 13.1% CET1 ratio, providing funding for organic capital deployment, inorganic opportunities, and potentially share buybacks.
Credit PortfolioThe Costco credit card portfolio continues to outperform expectations, offering potential for relationship growth.
EarningsCM reported solid Q2 results with EPS beating estimates on better PCLs and positive operating leverage.
Bears Say
Canadian Commercial Banking And Wealth ManagementCanadian Commercial Banking and Wealth Management modestly missed estimates due to a 7% increase in expenses.
U.S. Commercial Banking And Wealth ManagementHigher expenses contributed to a 7% year-over-year decline in U.S. Commercial Banking and Wealth Management's pre-provision pre-tax profit.
US Commercial And Wealth ManagementUS Commercial and Wealth Management saw a 7% decrease in pre-provision pre-tax profit, affected by a 12% rise in expenses.
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Ownership Overview
0.27% Insiders
4.79% Mutual Funds
9.09% Other Institutional Investors
85.85% Public Companies and Individual Investors
CM FAQ
What was Canadian Imperial Bank Of Commerce’s price range in the past 12 months?
Canadian Imperial Bank Of Commerce lowest stock price was $32.97 and its highest was $50.17 in the past 12 months.
What is Canadian Imperial Bank Of Commerce’s market cap?
Currently, no data Available
When is Canadian Imperial Bank Of Commerce’s upcoming earnings report date?
Canadian Imperial Bank Of Commerce’s upcoming earnings report date is Aug 29, 2024 which is in 57 days.
How were Canadian Imperial Bank Of Commerce’s earnings last quarter?
Canadian Imperial Bank Of Commerce released its earnings results on May 30, 2024. The company reported $1.274 earnings per share for the quarter, beating the consensus estimate of $1.207 by $0.067.
Is Canadian Imperial Bank Of Commerce overvalued?
According to Wall Street analysts Canadian Imperial Bank Of Commerce’s price is currently Undervalued.
Does Canadian Imperial Bank Of Commerce pay dividends?
Canadian Imperial Bank Of Commerce pays a Quarterly dividend of $0.65 which represents an annual dividend yield of 5.51%. See more information on Canadian Imperial Bank Of Commerce dividends here
What is Canadian Imperial Bank Of Commerce’s EPS estimate?
Canadian Imperial Bank Of Commerce’s EPS estimate is $1.26.
How many shares outstanding does Canadian Imperial Bank Of Commerce have?
Canadian Imperial Bank Of Commerce has 937,266,970 shares outstanding.
What happened to Canadian Imperial Bank Of Commerce’s price movement after its last earnings report?
Canadian Imperial Bank Of Commerce reported an EPS of $1.274 in its last earnings report, beating expectations of $1.207. Following the earnings report the stock price went up 7.495%.
Which hedge fund is a major shareholder of Canadian Imperial Bank Of Commerce?
Among the largest hedge funds holding Canadian Imperial Bank Of Commerce’s share is Portland Investment Counsel Inc.. It holds Canadian Imperial Bank Of Commerce’s shares valued at 19M.
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Canadian Bank of Commerce Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$55.74 (16.08% Upside)
$55.74 (16.08% Upside)
Blogger Sentiment
Bullish
CM Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 71.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.31%
12-Months-Change
Fundamentals
Return on Equity
12.03%
Trailing 12-Months
Asset Growth
5.74%
Trailing 12-Months
Company Description
Canadian Imperial Bank Of Commerce
Canadian Imperial Bank of Commerce is a financial institution, which provides banking and wealth management services to personal, business, public sector, and institutional clients. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets.
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CM Company Deck
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CM Earnings Call
Q2 2024
0:00 / 0:00
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CM Stock 12 Month Forecast
Average Price Target
$55.74
▲(16.08% Upside)
Technical Analysis
Best Analysts Covering CM
1 Year
1 Year Success Rate
7/16 ratings generated profit
1 Year Average Return
+8.16%
reiterated a buy rating last month
Copying Meny Grauman's trades and holding each position for 1 Year would result in 43.75% of your transactions generating a profit, with an average return of +8.16% per trade.
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