16 July, 2017
Stephens Inc. AR raised its position in shares of Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) by 16.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Two analysts have provided estimates for Canadian Imperial Bank of Commerce's earnings, with estimates ranging from $1.86 to $1.96.
Receive News & Ratings for Canadian Imperial Bank of Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Imperial Bank of Commerce and related companies with MarketBeat.com's FREE daily email newsletter. Equities analysts expect Canadian Imperial Bank of Commerce to earn $8.60 per share next year, which means the company should continue to be able to cover its $3.82 annual dividend with an expected future payout ratio of 44.4%.
Several other brokerages also recently issued reports on BOCH.
BOCH has been the topic of a number of research reports.
Canadian Imperial Bank of Commerce (NYSE:CM) Money Center Banks has a Price Earning Ratio of 9.09, which in return shows a value of 7.69 on the Forward PE Ratio. Dundee issued its first research report on the stock by announcing an initial rating of "Buy".
Return on Assets (ROA) for Canadian Imperial Bank of Commerce NYSE:CM Money Center Banks is now valued at 0.90%. Flinton Capital Management LLC purchased a new stake in shares of Canadian Imperial Bank of Commerce during the fourth quarter valued at approximately $191,000.
TRADEMARK VIOLATION NOTICE: "13,900 Shares in Canadian Imperial Bank of Commerce (CM) Acquired by Sprott Inc." was first published by Sports Perspectives and is owned by of Sports Perspectives. Acadian Asset Management LLC raised its position in Bank of Commerce Holdings (CA) by 176.6% in the first quarter. Cardinal Capital Management Inc. now owns 664,088 shares of the bank's stock valued at $53,908,000 after buying an additional 8,350 shares during the last quarter. JCSD Capital LLC now owns 188,240 shares of the financial services provider's stock worth $2,014,000 after buying an additional 2,524 shares during the last quarter. Laurel Wealth Advisors Inc. acquired a new position in Canadian Imperial Bank of Commerce during the first quarter valued at $517,000. Hedge funds and other institutional investors own 51.88% of the company's stock.
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Canadian Imperial Bank of Commerce (NYSE CM) opened at 85.47 on Friday. Moreover, Concannon Wealth Management Llc has 2.14% invested in the company for 58,726 shares. Canadian Imperial Bank of Commerce has a 52 week low of $72.62 and a 52 week high of $92.22. The stock has a market capitalization of $151.95 million, a price-to-earnings ratio of 17.97 and a beta of 0.45. The firm's 50-day moving average is $78.96 and its 200 day moving average is $83.94.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Wednesday, June 28th will be given a $0.9406 dividend. Great Plains Energy Incorporated has 3 buy ratings, 4 holds and 0 sells even after the stock tumbled -2.51% from its high of $31.24 to a $6.53 billion market value through last close. The ex-dividend date has been established as Monday the 26th of June 2017.
Canadian Imperial Bank of Commerce has a consensus hold rating from 10 Wall Street analysts, and the number of shares now sold short amount to at least 4.57% of shares outstanding.