Commerce Bancshares, Inc. (CBSH) can make a big difference with a little luck

With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.6 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $63.86 whereas the lowest price it dropped to was $62.45. The 52-week range on CBSH shows that it touched its highest point at $65.86 and its lowest point at $40.91 during that stretch. It currently has a 1-year price target of $66.19. With its current market cap of 8.22 billion, CBSH has annualized dividend of $1.08 while the current yield stands at 1.69%. Beta for the stock currently stands at 0.76.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CBSH was up-trending over the past week, with a rise of 4.72%, but this was up by 3.66% over a month. Three-month performance surged to 19.23% while six-month performance rose 24.16%. The stock gained 38.98% in the past year, while it has gained 19.32% so far this year. A look at the trailing 12-month EPS for CBSH yields 3.69 with Next year EPS estimates of 3.89. For the next quarter, that number is 1.01. This implies an EPS growth rate of 8.04% for this year and -1.05% for next year.

Float and Shares Shorts:

At present, 130.45 million CBSH shares are outstanding with a float of 124.83 million shares on hand for trading. On 2024-08-30, short shares totaled 1.66 million, which was 128.0 higher than short shares on 1722384000. In addition to Mr. John W. Kemper as the firm’s President, CEO & Director, Mr. Charles G. Kim serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.71876997 of CBSH’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CBSH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.