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Wednesday, February 1, 2023

Is Commerce Bancshares Inc. (NASDAQ: CBSH) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Commerce Bancshares Inc. (CBSH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.32, or -2.00%, to $64.58. The Commerce Bancshares Inc. has recorded 12,052 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share Of $1.04.


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Stocks Info

Commerce Bancshares Inc. is listed on the NASDAQ in the Financial sector while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $65.90 and fluctuated between $67.49 as its day high and $65.44 as its day low. The current market capitalization of Commerce Bancshares Inc. is $8.19B. A total of 0.67 million shares were traded on the day, compared to an average of 354.63K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CBSH has seen 15 BUY and 12 SELL insider trades, representing the acquisition of 5,161 and the disposition of 8,596 shares. Over the last 12 months, there were 86 BUYs and 80 SELLs from insiders. Insiders purchased 115,946 shares during that period but sold 138,542.

In the most recent transaction, KEMPER DAVID W sold 3,000 shares of CBSH for 71.26 per share on Dec 01. After the transaction, the Director now owns 1,204,220 company shares. In a previous transaction on Nov 28, KEMPER DAVID W sold 2,104 shares at 74.22 per share. CBSH shares that Director owns now total 1,149,734.

Among the insiders who sold shares, NOACK THOMAS J disposed of 715 shares on Oct 28 at a per-share price of $70.35. This resulted in the Executive Vice President holding 21,439 shares of CBSH after the transaction. In another insider transaction, KEMPER DAVID W sold 10,000 shares at $69.54 per share on Oct 19. Company shares held by the Director now total 1,151,838.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Commerce Bancshares Inc. pays an annual dividend of $1.06, resulting in a dividend yield of 1.61%, and it has a price to earnings (P/E) ratio of 17.80. CBSH’s most recent ex-dividend date was 12/1/2022 when it declared a $0.2650 quarterly dividend that was paid in cash on 12/16/2022. Previously, the company paid the dividend on 9/22/2022 with an ex-dividend date of 9/6/2022. The CBSH stock dividend was $0.2650 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CBSH in the last 3 months, the mean price target is $68.67 with high estimates of $72.00 and low estimates of $65.00. In terms of 52-week highs and lows, CBSH has a high of $72.60 and a low of $59.81.

As of this writing, CBSH has an earnings estimate of $1.04 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.12 per share and a lower estimate of $1.01. The company reported an EPS of $0.96 in the last quarter, which was 1.10% higher than expectations of $0.95.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CBSH is Overweight with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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