Headlines about Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Canadian Imperial Bank of Commerce earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 47.1732142000835 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

CM has been the topic of a number of recent analyst reports. Macquarie began coverage on shares of Canadian Imperial Bank of Commerce in a research report on Tuesday, October 24th. They issued an “underperform” rating and a $89.00 target price on the stock. Zacks Investment Research lowered shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Citigroup lowered shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “neutral” rating and set a $120.00 price target on the stock. in a research note on Wednesday, October 25th. Barclays upgraded shares of Canadian Imperial Bank of Commerce from an “underweight” rating to an “overweight” rating in a research note on Tuesday, December 19th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $121.00 price target on shares of Canadian Imperial Bank of Commerce in a research note on Thursday, November 30th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $114.00.

Shares of Canadian Imperial Bank of Commerce (NYSE:CM) traded down $0.53 during trading hours on Friday, reaching $97.95. 438,200 shares of the company’s stock were exchanged, compared to its average volume of 381,679. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a market capitalization of $43,310.00, a price-to-earnings ratio of 10.79, a PEG ratio of 4.86 and a beta of 1.12. Canadian Imperial Bank of Commerce has a one year low of $77.20 and a one year high of $100.01.

Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) last issued its quarterly earnings results on Thursday, November 30th. The bank reported $2.25 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.05 by $0.20. Canadian Imperial Bank of Commerce had a net margin of 22.45% and a return on equity of 17.57%. equities analysts forecast that Canadian Imperial Bank of Commerce will post 8.77 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 29th. Shareholders of record on Thursday, December 28th will be paid a dividend of $1.011 per share. The ex-dividend date of this dividend is Wednesday, December 27th. This represents a $4.04 dividend on an annualized basis and a yield of 4.13%. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is presently 44.49%.

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About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets.

Insider Buying and Selling by Quarter for Canadian Imperial Bank of Commerce (NYSE:CM)

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