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Sunday, December 3, 2023

Commerce Bancshares, Inc. (CBSH) Is Not Likely To Be The Same Tomorrow

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 same, with the stock’s consolidated last price to $50.65. The Commerce Bancshares, Inc. has recorded 211,512 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock.

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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 $50.65 and fluctuated between $50.91 as its day high and $50.20 as its day low. The current market capitalization of Commerce Bancshares, Inc. is $6.30B. A total of 1.04 million shares were traded on the day, compared to an average of 558.08K 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 16 BUY and 3 SELL insider trades, representing the acquisition of 14,286 and the disposition of 18,068 shares. Over the last 12 months, there were 103 BUYs and 61 SELLs from insiders. Insiders purchased 152,685 shares during that period but sold 155,225.

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.


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 $1.08, resulting in a dividend yield of 2.13%, and it has a price to earnings (P/E) ratio of 12.71. 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.

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 $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

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. Its Book Value Per Share was $20.71, while its Total Shareholder’s Equity was $3.45B.

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, 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.

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