What Are The Chances Of Commerce Bancshares, Inc. (NASDAQ: CBSH) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Healthcare Banking Leader Joins PayGround Board of Directors.

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Stocks Info

As a NASDAQ listed company, CBSH falls under the Financial sector while operating within the Banks – Regional industry segment. The current market capitalization of Commerce Bancshares, Inc. is $6.91B. A total of 0.39 million shares were traded on the day, compared to an average of 465.27K shares.

In the most recent transaction, Holmes Robert S sold 5,000 shares of CBSH for 52.66 per share on Mar 11 ’24. After the transaction, the Executive Vice President now owns 50,293 company shares. In a previous transaction on Mar 05 ’24, KEMPER JONATHAN M sold 18,900 shares at 53.61 per share. CBSH shares that Director owns now total 996,884.

Among the insiders who sold shares, Brooks Derrick disposed of 323 shares on Mar 05 ’24 at a per-share price of $54.05. This resulted in the Senior Vice President holding 10,262 shares of CBSH after the transaction. In another insider transaction, Neff Douglas D sold 614 shares at $50.25 per share on Feb 13 ’24. Company shares held by the Senior Vice President now total 8,038.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Commerce Bancshares, Inc. pays an annual dividend of $1.03, resulting in a dividend yield of 1.93%, and it has a price to earnings (P/E) ratio of 14.64. CBSH’s most recent ex-dividend date was 3/6/2024 when it declared a $0.27 quarterly dividend that was paid in cash on 3/25/2024. Previously, the company paid the dividend on 12/18/2023 with an ex-dividend date of 12/1/2023. The CBSH stock dividend was $0.27 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CBSH has a high of $57.00 and a low of $40.91.

As of this writing, CBSH has an earnings estimate of $0.8 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.84 per share and a lower estimate of $0.75. The company reported an EPS of $0.91 in the last quarter, which was 2.20% higher than expectations of $0.89.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $22.57, while its Total Shareholder’s Equity was $3.45B.

Analysts Opinion

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. 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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