4.7 C
New York
Wednesday, December 6, 2023

The Question Is Whether To Buy Or Not To Buy Commerce Bancshares, Inc. (NASDAQ: CBSH)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Commerce Bancshares, Inc. (CBSH) shows that investor sentiment remained same, with the stock’s consolidated last price to $49.63. The Commerce Bancshares, Inc. has recorded 39,300 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock.

Stocks Info

Commerce Bancshares, Inc. is listed on the NASDAQ as a member of the Financial sector and is a part of the Banks – Regional industry. At the end of the last regular session, the stock closed at $49.63 and fluctuated between $49.98 as its day high and $48.70 as its day low. The current market capitalization of Commerce Bancshares, Inc. is $6.17B. A total of 0.68 million shares were traded on the day, compared to an average of 548.69K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CBSH has seen 16 BUY and 4 SELL insider trades, representing the acquisition of 14,286 and the disposition of 18,392 shares. Over the last 12 months, there were 103 BUYs and 62 SELLs from insiders. Insiders purchased 152,685 shares during that period but sold 155,500.

In the most recent transaction, BRAUER BLACKFORD F bought 5,000 shares of CBSH for 48.10 per share on Sep 18. After the transaction, the Director now owns 33,426 company shares. In a previous transaction on Sep 12, Petersen Paula S sold 2,068 shares at 46.61 per share. CBSH shares that Senior Vice President owns now total 29,984.

Among the insiders who sold shares, Kellerhals Patricia R disposed of 3,459 shares on Sep 08 at a per-share price of $47.01. This resulted in the Senior Vice President holding 25,349 shares of CBSH after the transaction. In another insider transaction, Kellerhals Patricia R sold 12,541 shares at $50.01 per share on Sep 01. Company shares held by the Senior Vice President now total 28,808.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Commerce Bancshares, Inc. pays an annual dividend of $1.08, resulting in a dividend yield of 2.18%, and it has a price to earnings (P/E) ratio of 12.45. CBSH’s most recent ex-dividend date was 12/1/2023 when it declared a $0.27 quarterly dividend that was paid in cash on 12/18/2023. Previously, the company paid the dividend on 9/25/2023 with an ex-dividend date of 9/5/2023. The CBSH stock dividend was $0.27 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CBSH in the last 3 months, the mean price target is $51.00 with high estimates of $54.00 and low estimates of $49.00. In terms of 52-week highs and lows, CBSH has a high of $72.60 and a low of $42.96.

As of this writing, CBSH has an earnings estimate of $0.87 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.83. The company reported an EPS of $1.02 in the last quarter, which was 8.50% higher than expectations of $0.94.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $20.71, while its Total Shareholder’s Equity was $3.45B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.00.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles