What is Cormark’s Forecast for TSE:CM FY2026 Earnings?

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) – Research analysts at Cormark raised their FY2026 EPS estimates for shares of Canadian Imperial Bank of Commerce in a research report issued on Friday, December 6th. Cormark analyst L. Persaud now expects that the company will post earnings per share of $8.65 for the year, up from their prior forecast of $8.22. The consensus estimate for Canadian Imperial Bank of Commerce’s current full-year earnings is $6.41 per share.

Other research analysts have also recently issued reports about the stock. Scotiabank increased their price target on shares of Canadian Imperial Bank of Commerce from C$108.00 to C$114.00 in a report on Friday, December 6th. National Bankshares increased their target price on Canadian Imperial Bank of Commerce from C$86.00 to C$94.00 in a research note on Wednesday, November 20th. Bank of America upgraded Canadian Imperial Bank of Commerce from a “neutral” rating to a “buy” rating and lifted their price target for the company from C$74.00 to C$90.00 in a research note on Friday, August 30th. Desjardins increased their price objective on Canadian Imperial Bank of Commerce from C$77.00 to C$83.00 and gave the stock a “buy” rating in a research report on Friday, August 30th. Finally, Canaccord Genuity Group boosted their target price on shares of Canadian Imperial Bank of Commerce from C$92.00 to C$99.00 in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Canadian Imperial Bank of Commerce currently has an average rating of “Moderate Buy” and a consensus price target of C$90.00.

Canadian Imperial Bank of Commerce Stock Performance

CM stock opened at C$94.26 on Monday. The stock has a market capitalization of C$89.07 billion, a PE ratio of 13.64, a price-to-earnings-growth ratio of 3.03 and a beta of 1.12. The company has a fifty day moving average of C$87.30 and a 200-day moving average of C$76.40. Canadian Imperial Bank of Commerce has a one year low of C$57.96 and a one year high of C$94.81.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In related news, Senior Officer Christina Charlotte Kramer sold 37,022 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$83.40, for a total value of C$3,087,634.80. Also, Director Harry Kenneth Culham sold 47,430 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$83.41, for a total transaction of C$3,956,136.30. Insiders have sold 137,527 shares of company stock valued at $11,469,997 over the last quarter. Corporate insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, December 27th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 4.12%. This is a boost from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $0.90. Canadian Imperial Bank of Commerce’s payout ratio is presently 52.10%.

About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S.