Canadian Imperial Bank of Commerce (TSE:CM – Free Report) (NYSE:CM) – Analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for Canadian Imperial Bank of Commerce in a research note issued to investors on Sunday, April 6th. National Bank Financial analyst G. Dechaine now expects that the company will earn $7.88 per share for the year, down from their prior forecast of $8.04. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share. National Bank Financial also issued estimates for Canadian Imperial Bank of Commerce’s FY2026 earnings at $8.29 EPS.
Several other equities analysts also recently weighed in on CM. National Bankshares lowered their price target on shares of Canadian Imperial Bank of Commerce from C$101.00 to C$95.00 and set an “outperform” rating on the stock in a report on Monday. TD Securities lowered their target price on shares of Canadian Imperial Bank of Commerce from C$100.00 to C$99.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. UBS Group cut their price target on Canadian Imperial Bank of Commerce from C$102.00 to C$96.00 in a research note on Friday, February 14th. Scotiabank lowered their price objective on Canadian Imperial Bank of Commerce from C$114.00 to C$95.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Finally, Royal Bank of Canada set a C$108.00 target price on Canadian Imperial Bank of Commerce and gave the stock an “outperform” rating in a research report on Monday, March 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$93.58.
Canadian Imperial Bank of Commerce Trading Up 3.7 %
Shares of TSE:CM opened at C$80.69 on Wednesday. The stock has a 50 day moving average of C$83.85 and a 200 day moving average of C$87.16. The company has a market cap of C$75.49 billion, a PE ratio of 10.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12. Canadian Imperial Bank of Commerce has a 12-month low of C$64.02 and a 12-month high of C$95.50.
Insider Activity at Canadian Imperial Bank of Commerce
In other Canadian Imperial Bank of Commerce news, Senior Officer Sandy Sharman sold 1,027 shares of the business’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$81.27, for a total transaction of C$83,464.29. 0.02% of the stock is owned by insiders.
Canadian Imperial Bank of Commerce Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Friday, March 28th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 4.81%. The ex-dividend date is Friday, March 28th. Canadian Imperial Bank of Commerce’s dividend payout ratio is presently 47.55%.
About Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce is Canada’s fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.
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