Comerica Stock Total Debt
| CMA Stock | USD 53.50 0.15 0.28% |
Comerica fundamentals help investors to digest information that contributes to Comerica's financial success or failures. It also enables traders to predict the movement of Comerica Stock. The fundamental analysis module provides a way to measure Comerica's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Comerica stock.
As of May 10, 2024, Total Debt To Capitalization is expected to decline to 0.59. Comerica | Total Debt |
Comerica Company Total Debt Analysis
Comerica's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Comerica Total Debt | 9.77 B |
Most of Comerica's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comerica is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Comerica Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Comerica is extremely important. It helps to project a fair market value of Comerica Stock properly, considering its historical fundamentals such as Total Debt. Since Comerica's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comerica's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comerica's interrelated accounts and indicators.
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Comerica Total Debt Historical Pattern
Today, most investors in Comerica Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Comerica's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Comerica total debt as a starting point in their analysis.
Comerica Total Debt |
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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
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Comerica Short Long Term Debt Total
Short Long Term Debt Total |
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Based on the latest financial disclosure, Comerica has a Total Debt of 9.77 B. This is 75.76% lower than that of the Banks sector and significantly higher than that of the Financials industry. The total debt for all United States stocks is 83.76% lower than that of the firm.
Comerica Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comerica's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comerica could also be used in its relative valuation, which is a method of valuing Comerica by comparing valuation metrics of similar companies.Comerica is currently under evaluation in total debt category among related companies.
Comerica ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Comerica's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comerica's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Comerica Institutional Holders
Institutional Holdings refers to the ownership stake in Comerica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comerica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comerica's value.| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.6 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2023-12-31 | 1.9 M | Citadel Advisors Llc | 2023-09-30 | 1.7 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.5 M | Norges Bank | 2023-12-31 | 1.4 M | Thrivent Financial For Lutherans | 2023-12-31 | 1.4 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Millennium Management Llc | 2023-12-31 | 1.3 M | Azora Capital Lp | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 16.9 M | Blackrock Inc | 2023-12-31 | 11.8 M |
Comerica Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0082 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 9.8 B | |||
| Shares Outstanding | 132.59 M | |||
| Shares Owned By Insiders | 0.77 % | |||
| Shares Owned By Institutions | 82.34 % | |||
| Number Of Shares Shorted | 4.65 M | |||
| Price To Earning | 11.70 X | |||
| Price To Book | 1.13 X | |||
| Price To Sales | 1.94 X | |||
| Revenue | 5.29 B | |||
| Gross Profit | 3.47 B | |||
| EBITDA | (4 M) | |||
| Net Income | 881 M | |||
| Cash And Equivalents | 5.97 B | |||
| Cash Per Share | 45.60 X | |||
| Total Debt | 9.77 B | |||
| Debt To Equity | 8.51 % | |||
| Book Value Per Share | 42.69 X | |||
| Cash Flow From Operations | 1.25 B | |||
| Short Ratio | 2.38 X | |||
| Earnings Per Share | 5.03 X | |||
| Price To Earnings To Growth | 0.32 X | |||
| Target Price | 59.18 | |||
| Number Of Employees | 7.62 K | |||
| Beta | 1.29 | |||
| Market Capitalization | 7.07 B | |||
| Total Asset | 85.83 B | |||
| Retained Earnings | 11.73 B | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.56 % | |||
| Net Asset | 85.83 B | |||
| Last Dividend Paid | 2.84 |
About Comerica Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Comerica's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comerica using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comerica based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Comerica Investors Sentiment
The influence of Comerica's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comerica. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Comerica's public news can be used to forecast risks associated with an investment in Comerica. The trend in average sentiment can be used to explain how an investor holding Comerica can time the market purely based on public headlines and social activities around Comerica. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Comerica's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comerica's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Comerica's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comerica.
Comerica Implied Volatility | 38.93 |
Comerica's implied volatility exposes the market's sentiment of Comerica stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comerica's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Comerica stock will not fluctuate a lot when Comerica's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comerica in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comerica's short interest history, or implied volatility extrapolated from Comerica options trading.
Pair Trading with Comerica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comerica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comerica will appreciate offsetting losses from the drop in the long position's value.Moving together with Comerica Stock
| 0.71 | DB | Deutsche Bank AG Sell-off Trend | PairCorr |
| 0.63 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
Moving against Comerica Stock
| 0.52 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
The ability to find closely correlated positions to Comerica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comerica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comerica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comerica to buy it.
The correlation of Comerica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comerica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comerica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comerica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Comerica Piotroski F Score and Comerica Altman Z Score analysis. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Comerica Stock analysis
When running Comerica's price analysis, check to measure Comerica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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Is Comerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 2.84 | Earnings Share 5.03 | Revenue Per Share 25.051 | Quarterly Revenue Growth (0.20) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.