Currently, there are 133.86M common shares owned by the public and among those 129.04M shares have been available to trade.
The company’s stock has a 5-day price change of -4.37% and -2.08% over the past three months. CBSH shares are trading 0.72% year to date (YTD), with the 12-month market performance up to 15.87% higher. It has a 12-month low price of $49.97 and touched a high of $72.75 over the same period. CBSH has an average intraday trading volume of 631.42K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.03%, 2.19%, and 0.83% respectively.
Institutional ownership of Commerce Bancshares, Inc (NASDAQ: CBSH) shares accounts for 71.40% of the company’s 133.86M shares outstanding.
It has a market capitalization of $8.37B and a beta (3y monthly) value of 0.60. The stock’s trailing 12-month PE ratio is 15.58, while the earnings-per-share (ttm) stands at $4.03. The company has a PEG of 2.76 and the debt-to-equity ratio at 0.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.22% over the week and 1.36% over the month.
Earnings per share for the fiscal year are expected to increase by 6.19%, and 2.23% over the next financial year. EPS should shrink at an annualized rate of 5.65% over the next five years, compared to 6.66% over the past 5-year period.
Looking at the support for the CBSH, a number of firms have released research notes about the stock. Morgan Stanley stated their Equal-Weight rating for the stock in a research note on April 07, 2025, with the firm’s price target at $58. Morgan Stanley was of a view on September 30, 2024 that the stock is Equal-Weight, while Raymond James gave the stock Outperform rating on April 17, 2024, issuing a price target of $61. BofA Securities on their part issued Neutral rating on January 11, 2024.
