Canadian Imperial Bank of Commerce (TSE:CM – Free Report) (NYSE:CM) – Investment analysts at National Bank Financial cut their Q4 2025 EPS estimates for Canadian Imperial Bank of Commerce in a report issued on Monday, February 17th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $1.90 per share for the quarter, down from their previous estimate of $1.91. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.
Several other research analysts have also recently weighed in on the stock. Royal Bank of Canada raised shares of Canadian Imperial Bank of Commerce from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from C$97.00 to C$103.00 in a report on Wednesday, January 8th. Cormark raised their price objective on Canadian Imperial Bank of Commerce from C$99.00 to C$104.00 in a research note on Friday, December 6th. TD Securities increased their target price on shares of Canadian Imperial Bank of Commerce from C$91.00 to C$98.00 in a report on Friday, November 15th. National Bankshares increased their target price on shares of Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a report on Wednesday, November 20th. Finally, Canaccord Genuity Group raised their price objective on shares of Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a report on Friday, December 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Canadian Imperial Bank of Commerce presently has an average rating of “Moderate Buy” and a consensus price target of C$94.58.
Canadian Imperial Bank of Commerce Stock Performance
Canadian Imperial Bank of Commerce stock opened at C$87.92 on Wednesday. The stock has a market cap of C$82.25 billion, a P/E ratio of 11.61, a PEG ratio of 3.03 and a beta of 1.12. Canadian Imperial Bank of Commerce has a fifty-two week low of C$61.90 and a fifty-two week high of C$95.50. The firm’s fifty day moving average price is C$90.62 and its 200-day moving average price is C$85.06.
Insider Activity at Canadian Imperial Bank of Commerce
In other news, Senior Officer Susan Rimmer sold 1,000 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was sold at an average price of C$93.14, for a total value of C$93,140.00. Also, Senior Officer Frank Guse sold 5,360 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$93.28, for a total value of C$499,985.62. Following the completion of the sale, the insider now owns 440 shares of the company’s stock, valued at C$41,043.60. This trade represents a 92.41 % decrease in their ownership of the stock. Insiders sold 177,012 shares of company stock valued at $16,687,218 over the last 90 days. Corporate insiders own 0.02% of the company’s stock.
Canadian Imperial Bank of Commerce Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, January 28th. Investors of record on Friday, December 27th were given a dividend of $0.97 per share. The ex-dividend date was Friday, December 27th. This represents a $3.88 annualized dividend and a dividend yield of 4.41%. This is an increase from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is 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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