Canadian Imperial Bank Of Commerce (NYSE:CM) price on Thursday, July 03, rose 0.61% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $72.15.
A look at the stock’s price movement, the close in the last trading session was $71.71, moving within a range at $71.64 and $72.17. The beta value (5-Year monthly) was 1.242 while the PE ratio in trailing twelve months stood at 12.67. Turning to its 52-week performance, $71.71 and $47.55 were the 52-week high and 52-week low respectively. Overall, CM moved 6.59% over the past month.
Canadian Imperial Bank Of Commerce’s market cap currently stands at around $67.40 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-29. The company has a Forward Dividend ratio of 2.73, with its dividend yield at 3.78%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CM is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 5 recommend CM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 1.43, with CM’s current price about 3.82% and 7.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 76.95, while 7-day volatility ratio is 1.24% and 1.10% in the 30-day chart. Further, Canadian Imperial Bank Of Commerce (CM) has a beta value of 1.08. Analysts have given the company’s stock an average 52-week price target of $122.54511962, forecast between a low of $70 and high of $127.3196048. Looking at the price targets, the low is 2.98% off current price level while to achieve the yearly target high, price needs to move -76.47%. Nonetheless, investors will most likely welcome a -69.85% jump to $122.54511962 which is the analysts’ median price.
If we refocus on Canadian Imperial Bank Of Commerce (NYSE:CM), historical trading data shows that trading volumes averaged 2.12 over the past 10 days and 1.23 million over the past 3 months. The company’s latest data on shares outstanding shows there are 934.23 million shares.
The 5.22% of Canadian Imperial Bank Of Commerce’s shares are in the hands of company insiders while institutional holders own 51.20% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 19.07 million on 2025-06-13, giving us a short ratio of 18.16. Current price change has pushed the stock 52.60% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CM stock continues to rise going into the next quarter.
