Media coverage about Comerica (NYSE:CMA) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Comerica earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 45.3553993134846 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news articles that may have effected Accern’s analysis:

CMA has been the topic of a number of recent analyst reports. Nomura increased their target price on shares of Comerica from $74.00 to $86.00 and gave the company a “neutral” rating in a research report on Monday, October 23rd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $79.00 target price (up from $76.00) on shares of Comerica in a research report on Wednesday, October 4th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $76.00 target price on shares of Comerica in a research report on Friday, September 1st. Royal Bank of Canada reaffirmed a “buy” rating and issued a $82.00 target price on shares of Comerica in a research report on Friday, September 8th. Finally, Zacks Investment Research downgraded shares of Comerica from a “buy” rating to a “hold” rating in a research report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. Comerica presently has a consensus rating of “Hold” and an average price target of $84.24.

Shares of Comerica (NYSE CMA) traded down $0.35 during trading on Wednesday, reaching $86.98. 349,717 shares of the company’s stock traded hands, compared to its average volume of 1,695,471. Comerica has a 52 week low of $64.04 and a 52 week high of $88.22. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $15,190.00, a P/E ratio of 19.72, a P/E/G ratio of 2.01 and a beta of 1.50.

Comerica (NYSE:CMA) last issued its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.23 by $0.03. Comerica had a net margin of 24.87% and a return on equity of 10.35%. The company had revenue of $821.00 million for the quarter, compared to the consensus estimate of $812.83 million. During the same period last year, the firm posted $0.84 EPS. sell-side analysts anticipate that Comerica will post 4.84 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 15th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, December 14th. Comerica’s dividend payout ratio (DPR) is presently 27.21%.

In other news, EVP Christine M. Moore sold 3,200 shares of the firm’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $75.07, for a total value of $240,224.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael T. Ritchie sold 4,596 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $75.08, for a total transaction of $345,067.68. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by company insiders.

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Comerica Company Profile

Comerica Incorporated is a financial services company. The Company’s principal activity is lending to and accepting deposits from businesses and individuals. The Company’s segments include the Business Bank, the Retail Bank, Wealth Management, Finance and Other. The Business Bank serves middle market businesses, multinational corporations and governmental entities by offering various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services.

Insider Buying and Selling by Quarter for Comerica (NYSE:CMA)

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