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Investor Insights

This summary was created by AI, based on 29 opinions in the last 12 months.

Based on the reviews from different experts, the consensus regarding Canadian Imperial Bank of Commerce (CM-T) is that it has faced challenges in the past with interest rate hikes and mortgage exposure, but it has rebounded and is expected to continue rising. The stock offers a strong dividend yield and is considered a good long-term investment. While some experts have concerns about loan losses and mortgage market volatility, others believe that the stock is undervalued and has potential for growth. Overall, the stock is seen as a good income-generating investment with potential for recovery and long-term returns.

Consensus
Recovery
Valuation
Undervalued
Similar
TD-Toronto Dominion Bank, TD-T
BUY

Broke trendline. At resistance. If breaks $64-65, it'll head to the next resistance level around $79. Could see trouble in short term, but downtrend in general has been broken. Not a bad-looking chart, unlike the one for BNS.

banks
BUY

Long-term, great. Beautiful dividend. Trades cheaper than peers at 8.3x 2024. Beat on balance sheet. Operating leverage was 6.1, top of peers. Just doesn't see growth for next couple of years. But not much downside, get paid to wait. Will eventually turn around. No problems owning here.

banks
BUY
A value trap?

No, though it's cheap vs. the other banks. In this market, having a good dividend yield of 5.6% is worth a lot. If interest rates fall, the banks will get squeezed in their net interest margin. There are concerns over outstanding loans. But overall, the banks look attractive and CIBC is especially cheap. He likes Royal too.

banks
BUY

CIBC was under the most pressure during the interest rate hikes, but now it's rebounded 26% off the bottom, the strongest bank performer. It will continue to rise. Peers like TD and RY have a big US presence, so if you want that CIBC doesn't offer it. Owns CIBC as a valuation trade. The dividend is safe. Lower rates will certainly help CIBC.

banks
BUY

Expecting a decent year from company. Canadian banks difficult to predict, but overall a strong sector. Safe regulations and industry standards. Lower interest rates will be good for business. New management strong and would recommend buying. 

banks
DON'T BUY

Expecting growth in sector in 2024, however business has headwinds facing it. Not great metrics and costs have been high. Better options for investors in sector and elsewhere in markets. 

banks
HOLD

Believes Canadian financials will catch up in 2024. Would be a good time to buy small position. Won't be a major capital gain, but is not pessimistic about sector anymore. 

banks
DON'T BUY

Not overly impressed with the chart. Has other bank names. Does not like Canadian banking sector overall. Believes troubled times ahead for Canadian banking with mortgage renewals, and higher interest rates. 

banks
BUY

All banks are down 25-30%. CIBC is most exposed to housing mortgages. Banks pay a high yield, 7.1% by CIBC, which is huge for banks. Worries are a recession or housing weakness. But the Canadian banks enjoy an oligopoly. Canadian banks are okay short-term as they enter seasonality now.

banks
DON'T BUY
Canadian bank outlook

He's been watching this closely. His metrics show that last week that the market no longer trusts their balance sheet (the chart fell below previous support levels). Of the big five, this is the first to go into "blue".

banks
TOP PICK

Canadian banks very attractive. Currently trading at ~9x earnings. ~7% dividend yield is exceptional. Very strong wealth management business. Good for long term investors. Expecting double digit return going forward. 

banks
COMMENT

Does have global operations, but more domestically inclined. Gained a lot of market share in the mortgage market, and that's where we might see an uptick in provisions at these rates. Yield is 6.8%.

banks
PAST TOP PICK
(A Top Pick Sep 21/22, Down 10%)

As interest rates have gone up, yield stocks have been pushed down considerably. Sizeable mortgage exposure, so provisions for credit losses are attracting attention. Attractive here. Company is not going away. Expense ratio going down. Yield is 6.7%.

banks
BUY

Likes preferred option with 8-9% yield. Owns shares in company - expecting recovery in next 5 years. ~7% yield is excellent yield. Owns shares and has been buying. 

banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Jun 15/23, Down 12%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with CM has triggered its stop at $51.  To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 13%, when combined with previous recommendations. 

banks
Showing 1 to 15 of 1,063 entries

Canadian Imperial Bank of Commerce(CM-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 28

Stockchase rating for Canadian Imperial Bank of Commerce is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Imperial Bank of Commerce(CM-T) Frequently Asked Questions

What is Canadian Imperial Bank of Commerce stock symbol?

Canadian Imperial Bank of Commerce is a Canadian stock, trading under the symbol CM-T on the Toronto Stock Exchange (CM-CT). It is usually referred to as TSX:CM or CM-T

Is Canadian Imperial Bank of Commerce a buy or a sell?

In the last year, 28 stock analysts published opinions about CM-T. 17 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Imperial Bank of Commerce.

Is Canadian Imperial Bank of Commerce a good investment or a top pick?

Canadian Imperial Bank of Commerce was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Imperial Bank of Commerce.

Why is Canadian Imperial Bank of Commerce stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canadian Imperial Bank of Commerce worth watching?

28 stock analysts on Stockchase covered Canadian Imperial Bank of Commerce In the last year. It is a trending stock that is worth watching.

What is Canadian Imperial Bank of Commerce stock price?

On 2024-03-27, Canadian Imperial Bank of Commerce (CM-T) stock closed at a price of $67.9.