Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) is set to release its earnings data before the market opens on Thursday, August 24th. Analysts expect Canadian Imperial Bank of Commerce to post earnings of $1.94 per share for the quarter.

Canadian Imperial Bank of Commerce (NYSE CM) opened at 84.74 on Thursday. The company has a market cap of $34.03 billion, a P/E ratio of 8.86 and a beta of 1.09. The stock’s 50 day moving average price is $84.63 and its 200 day moving average price is $84.01. Canadian Imperial Bank of Commerce has a 1-year low of $72.62 and a 1-year high of $92.22.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 28th. Investors of record on Wednesday, June 28th were given a dividend of $0.9406 per share. This represents a $3.76 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend was Monday, June 26th. Canadian Imperial Bank of Commerce’s dividend payout ratio (DPR) is presently 41.18%.

A number of analysts recently commented on the company. Zacks Investment Research upgraded Canadian Imperial Bank of Commerce from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. BidaskClub upgraded Canadian Imperial Bank of Commerce from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th. Finally, Canaccord Genuity initiated coverage on Canadian Imperial Bank of Commerce in a research report on Tuesday, July 18th. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. Canadian Imperial Bank of Commerce presently has an average rating of “Hold” and a consensus target price of $100.63.

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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.

Earnings History for Canadian Imperial Bank of Commerce (NYSE:CM)

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