With 1.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.45 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $58.35 whereas the lowest price it dropped to was $56.99. The 52-week range on CMA shows that it touched its highest point at $73.45 and its lowest point at $45.32 during that stretch. It currently has a 1-year price target of $68.33. With its current market cap of 7.49 billion, CMA has annualized dividend of $2.84 while the current yield stands at 4.98%. CMA paid its most recent dividend on 1734048000, while the ex-dividend date for that was 1741910400. Beta for the stock currently stands at 0.99.
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 CMA was down-trending over the past week, with a drop of -2.39%, but this was down by -14.92% over a month. Three-month performance dropped to -15.70% while six-month performance fell -0.59%. The stock gained 8.91% in the past year, while it has lost -7.74% so far this year. A look at the trailing 12-month EPS for CMA yields 5.02 with Next year EPS estimates of 5.84. For the next quarter, that number is 1.17. This implies an EPS growth rate of 5.08% for this year and 10.74% for next year. EPS is expected to grow by 8.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.69%.
Float and Shares Shorts:
At present, 131.41 million CMA shares are outstanding with a float of 130.04 million shares on hand for trading. On 2025-02-28, short shares totaled 6.26 million, which was 476.99999999999994 higher than short shares on 1738281600. In addition to Mr. Curtis Chatman Farmer as the firm’s Chairman, CEO & President, Mr. James J. Herzog serves as its CFO & Senior EVP.
Institutional Ownership:
Through their ownership of 0.83992994 of CMA’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 CMA since 12 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CMA analysts setting a high price target of 80.0 and a low target of 54.0, the average target price over the next 12 months is 68.45. Based on these targets, CMA could surge 40.2% to reach the target high and fall by -5.36% to reach the target low. Reaching the average price target will result in a growth of 19.96% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.18092 being high and $5.06705 being low. For CMA, this leads to a yearly average estimate of $5.10501. Based on analyst estimates, the high estimate for the next quarter is $1.45 and the low estimate is $1.22. The average estimate for the next quarter is thus $1.3.
