Commercial Metals Co highlights steel demand dynamics amid global construction trends
Commercial Metals Co (CMC) operates as a vertically integrated steel and metal products company, focusing on recycled steel production and reinforcing products for construction. The company's business model relies on transforming scrap metal into finished steel, serving contractors and industrial customers worldwide. CMC's success is tied to global construction trends and infrastructure investments, with its recycling-focused production offering both flexibility and environmental advantages while navigating the cyclical nature of steel demand, costs, and market dynamics.
Does Commercial Metals (CMC) Joining Russell Growth Indices Recast Its Capital Return Story?
Commercial Metals Company (CMC) recently reported significantly higher third-quarter and nine-month results, continued share repurchases, and declared its 247th consecutive quarterly dividend. Following these strong financial updates, CMC was added to several Russell growth indices, a move that could increase institutional investment and stock demand. While the improved earnings and index inclusion enhance visibility, investors should remain mindful of risks related to construction demand, new rebar capacity from competitors, and execution challenges at new mills.
Commercial Metals Co (CMC) Stock Price, Quote, News & History
This article provides an overview of Commercial Metals Co (CMC), including its stock price, key statistics, recent news, financial data, and analyst trends. CMC stock was trading at $61.53 at close on July 1, 5:00 PM EST, with a market cap of $6.83B. Recent news indicates a rise in profit and an improved fourth-quarter EBITDA outlook for the company.
Commercial Metals (NYSE:CMC) Stock Price
Commercial Metals (NYSE:CMC) is currently undervalued, with a fair value target of US$80.55 despite its current price of US$61.73. The company is poised for growth due to infrastructure investments and green steel initiatives, cost-cutting measures, and new mill openings. Recent strong Q3 2026 earnings and an increased price target from analysts further support its positive outlook, though potential challenges include exposure to construction slowdowns and global steel overcapacity.
BMO cuts Commercial Metals stock price target on regional softness
BMO Capital has reduced its price target for Commercial Metals Company (NYSE:CMC) to $77 from $80, maintaining a Market Perform rating, due to regional softness impacting third-quarter shipments and concerns over lower assumed multiples. Despite this, Commercial Metals reported largely in-line Q
Commercial Metals Drops 7.4% Amid Sector-Wide Selling
Commercial Metals Company experienced a significant 7.4% drop on Monday due to a widespread selloff affecting the steel and metals sector. This decline mirrored losses across its peer group, suggesting broader industry concerns rather than company-specific issues. Investors are advised to monitor market trends, demand, and pricing conditions for future insights.
Commercial Metals Company (CMC) PT Lowered to $77 at BMO Capital on lower assumed multiples
BMO Capital analyst Katja Jancic has lowered the price target for Commercial Metals Company (NYSE: CMC) to $77 from $80, while maintaining a Market Perform rating. The adjustment follows largely in-line Q3 earnings and a slightly better Q4 outlook for CMC. The analyst noted that regional softness impacted Q3 shipments and earnings, leading to minor estimate adjustments and a reduced target price based on lower assumed multiples.
Commercial Metals Drops 7.4% Amid Sector-Wide Selling
Commercial Metals Company experienced a significant 7.4% drop in its stock price, closing at $64.09, as a broad selloff impacted steel and metals stocks across the sector. This decline was mirrored by several peers, with losses ranging from 3.2% to 9.2%, suggesting a widespread reassessment of metals exposure rather than company-specific issues. Investors are advised to monitor whether this sector weakness continues, as the uniform decline could indicate broader concerns about demand, input costs, or macroeconomic conditions affecting the industry.
CMC Fiscal Q3 2026: EBITDA Surges 78.6% on Strong Steel Market Fundamentals - News and Statistics
Commercial Metals Company (CMC) reported strong fiscal third-quarter 2026 results, with core EBITDA jumping 78.6% to $353.6 million, driven by robust steel market fundamentals and improved margins. Acquisitions and strong performance in North America and Europe contributed significantly to profitability. CMC anticipates continued momentum from project backlogs and increased infrastructure spending.
Commercial Metals Company(NYSE: CMC) added to Russell 2000 Growth Benchmark
Commercial Metals Company (NYSE: CMC) has been added to the Russell 2000 Growth Benchmark. This follows earlier news of its inclusion in the Russell 3000E Growth Benchmark. The company recently reported its Q3 2026 earnings, with adjusted EPS and revenue rising, and declared a regular quarterly cash dividend.
Why Commercial Metals (CMC) Is Down 5.6% After Earnings Beat, Buyback Finish and Russell Additions
Commercial Metals Company (CMC) reported stronger-than-expected third-quarter results, including sales of US$2,483.25 million and net income of US$173.02 million, along with a US$0.20 quarterly dividend and the completion of a US$721.11 million share repurchase program. Despite these positive developments and additions to several Russell Growth benchmarks, the company's stock experienced a 5.6% decline. The article suggests that while the earnings beat supports near-term resilience, ongoing challenges in the volatile construction and steel markets, such as demand softness, competitive rebar supply, and global steel overcapacity, continue to pose risks to CMC's investment narrative.
J.P. Morgan Sticks to Its Buy Rating for Commercial Metals Company (CMC)
J.P. Morgan analyst Bill Peterson maintained a Buy rating for Commercial Metals Company (CMC) with an $86.00 price target. This aligns with a "Moderate Buy" consensus from analysts, suggesting a 20.26% upside. The company recently reported strong quarterly revenues of $2.48 billion and a net profit of $173.02 million.
Commercial Metals (CMC) Stock Faces Narratives As Net Margin Rebuild Reaches 6.7%
Commercial Metals (CMC) reported a busy Q3 2026 with US$2.5 billion in revenue and US$1.56 basic EPS, pushing its trailing net profit margin to 6.7% from 0.5% a year prior. Bullish investors highlight this margin recovery as evidence of successful cost efficiency. Bears, however, point to a five-year earnings decline and high debt levels, suggesting current profitability might be a temporary reprieve in a more volatile long-term narrative.
Analysts Offer Insights on Industrial Goods Companies: Fuelcell Energy (FCEL) and Commercial Metals Company (CMC)
Analysts have issued bullish sentiments for Fuelcell Energy (FCEL) and Commercial Metals Company (CMC), highlighting positive outlooks in the Industrial Goods sector. George Gianarikas of Canaccord Genuity maintained a Buy rating for Fuelcell Energy with a $30.00 price target, while Jefferies also upgraded the stock to Buy. For Commercial Metals Company, Nick Cash from Goldman Sachs maintained a Buy rating with an $82.00 price target, and an earlier report from TipRanks – xAI also upgraded the stock to Buy.
CMC Q3 Earnings Beat on Strong Core EBITDA & Segment Gains
Commercial Metals Company (CMC) reported strong third-quarter fiscal 2026 results, beating Zacks Consensus Estimates for both earnings per share and revenues. The company saw significant year-over-year growth in Core EBITDA and net revenues, driven by metal margin expansion, acquisitions, and improved performance in its European steel segment. CMC expects sequential growth in core EBITDA for Q4, anticipating continued strong domestic demand and strategic initiative benefits.
Commercial Metals Delivers 23% Revenue Growth in Q3 2026
Commercial Metals Company reported a mixed Q3 2026, with revenue of $2.48B exceeding estimates by 2.9% but adjusted earnings per share of $1.73 falling slightly short of the $1.75 consensus. The strong revenue growth of 22.9% year-over-year was primarily driven by its North America Steel Group, demonstrating demand strength and operational discipline. Despite the earnings miss, the stock traded largely unchanged, indicating a balanced investor view given the robust top-line performance and healthy margins.
Commercial Metals Company Actuals & Estimates (NYSE:CMC)
This article provides an overview of Commercial Metals Company (NYSE: CMC) stock, including its current price, market capitalization, historical performance, and analyst forecasts. It also details financial estimates, past earnings, revenue figures, dividend information, and employee count. The piece aims to offer comprehensive data for potential investors.
Earnings Rebound, Buybacks and Dividend Hike Might Change The Case For Investing In Commercial Metals (CMC)
Commercial Metals (CMC) recently reported strong Q3 2026 results with a significant rebound in net income and declaration of a quarterly dividend. The company also completed a multi-year share buyback program, reinforcing its capital return strategy. While these developments strengthen CMC's investment narrative, risks related to construction demand, competitor capacity, and European market conditions remain, suggesting that the underlying investment case is fortified rather than fundamentally altered.
Earnings Rebound, Buybacks and Dividend Hike Might Change The Case For Investing In Commercial Metals (CMC)
Commercial Metals (CMC) recently reported strong Q3 2026 results with a significant rebound in net income and the completion of a multi-year share buyback program, alongside a dividend hike. While these factors strengthen the investment case by highlighting improved profitability and capital returns, investors should still consider risks such as cyclical construction demand, competition, and exposure to European market conditions. The company's future outlook projects continued revenue and earnings growth, suggesting a potential upside to its current stock price.
Earnings call transcript: Commercial Metals tops Q3 2026 estimates, shares rise
Commercial Metals Company reported robust fiscal third-quarter 2026 results, surpassing Wall Street expectations for both adjusted earnings and revenue. The company's adjusted EPS hit $1.73 on revenue of $2.48 billion, driven by stronger metal margins and strategic acquisitions despite temporary operational headwinds. Management anticipates improved fourth-quarter performance and reaffirmed its full-year precast EBITDA outlook, highlighting ongoing balance sheet improvements and a positive long-term outlook for dividends and growth.
Earnings call transcript: Commercial Metals tops Q3 2026 estimates, shares rise
Commercial Metals Company reported Q3 2026 adjusted earnings of $1.73 per share and revenue of $2.48 billion, surpassing Wall Street estimates. The company's stock rose by 3.27% in premarket trading as management highlighted stronger margins, improving demand, and an expected better performance in the fourth quarter. Core EBITDA climbed 78.6% year-over-year to $353.6 million, and the company remains confident in achieving its balance sheet and growth targets, with an investor day scheduled for August 5th to provide further insights.
Commercial Metals Delivers 23% Revenue Growth in Q3 2026
Commercial Metals Company (NYSE: CMC) reported a mixed Q3 2026, with adjusted earnings of $1.73 per share missing consensus estimates by 1.1%, while revenue of $2.48B surpassed forecasts by 2.9%, marking a 22.9% year-over-year increase. The North America Steel Group was the primary driver of revenue growth, contributing $1.79B, reflecting strong demand in construction and infrastructure. Despite a slight earnings miss, the stock remained largely unchanged, as investors viewed the healthy revenue growth and operational discipline positively, maintaining a constructive outlook on the company's long-term prospects.
Commercial Metals Company (CMC) Q3 2026 earnings summary
Commercial Metals Company (CMC) reported a strong Q3 2026, with core EBITDA increasing 78.6% year-over-year to $353.6 million and adjusted earnings reaching $193 million. All business segments showed growth, significantly boosted by recent precast acquisitions and metal margin gains. The company is ahead of its deleveraging targets and expects continued sequential growth across all segments in Q4.
Commercial Metals Gains As Profit Rises And Fourth-Quarter EBITDA Outlook Improves
Commercial Metals (CMC) reported increased profit and revenue in its fiscal third quarter, driven by stronger metal margins, acquisitions, and gains in its Europe Steel Group. Despite missing analyst estimates for Adjusted EPS, the company saw significant growth in Core EBITDA and provided a positive outlook for the fourth quarter, expecting sequential growth in Core EBITDA due to healthy domestic demand and improved European trade measures. The company also announced share repurchases and a quarterly dividend.
Commercial Metals (NYSE: CMC) delivers strong Q3 2026 growth and faster deleveraging
Commercial Metals Company (CMC) reported robust fiscal third quarter 2026 results, with net earnings growing to $173.0 million and adjusted earnings per diluted share increasing by 147.1% year-over-year. Core EBITDA surged 78.6% to $353.6 million, driven by strong metal margins, efficiency program benefits, and contributions from recent precast acquisitions. The company also made significant progress in deleveraging its balance sheet, reducing net leverage to 2.1x, and declared a quarterly dividend of $0.20 per share.
Commercial Metals Releases Q3 2026 Financial Results
Commercial Metals Company (CMC) announced its Q3 2026 financial results, with adjusted earnings per share of $1.73, slightly missing analyst estimates of $1.75. However, the company's revenue reached $2.48 billion, surpassing the $2.41 billion forecast and showing a 22.9% year-over-year increase. The North America Steel Group was a key contributor, generating $1.79 billion in revenue for the quarter.
Earnings Flash (CMC) Commercial Metals Company Reports Q3 Revenue $2.48B, vs. FactSet Est of $2.40B
Commercial Metals Company (CMC) reported its Q3 revenue at $2.48 billion, surpassing FactSet's estimate of $2.40 billion. The company also posted adjusted EPS of $1.73 per share for the third fiscal quarter. This financial update indicates a stronger performance than anticipated by analysts.
Price to earnings forward of Commercial Metals Company – NYSE:CMC
This article provides financial data for Commercial Metals Company (NYSE: CMC), specifically its price-to-earnings forward metric. It notes that the market was closed with no trades at the time of the data display. The content highlights the availability of various financial tools and data provided by TradingView and its partners.
Commercial Metals (CMC) Q3 Earnings and Revenues Beat Estimates
Commercial Metals (CMC) reported strong Q3 earnings of $1.73 per share, surpassing the Zacks Consensus Estimate of $1.60 and significantly improving from $0.74 a year ago. The company also exceeded revenue expectations, posting $2.48 billion against an estimate of $2.36 billion. Despite underperforming the S&P 500 year-to-date, CMC currently holds a Zacks Rank #3 (Hold), indicating an expected market-aligning performance in the near future.
Commercial Metals Keeps Quarterly Dividend at $0.20 a Share, Payable July 15 to Holders of Record July 6
Commercial Metals Company announced that it will maintain its quarterly dividend at $0.20 per share. The dividend is scheduled to be paid on July 15, 2026, to shareholders who are on record as of July 6, 2026. This information was reported by MT Newswires.
CMC (NYSE: CMC) board declares 247th consecutive $0.20 dividend
Commercial Metals Company (NYSE: CMC) has announced its 247th consecutive quarterly cash dividend of $0.20 per share. The dividend is payable on July 15, 2026, to shareholders of record as of July 6, 2026, showcasing the company's consistent return of capital to shareholders. This announcement was made through an 8-K filing and a press release, with CMC emphasizing its role as a leading provider of early-stage construction solutions.
Commercial Metals earnings up next: Can rebar pricing fuel rebound?
Commercial Metals Company is set to report its fiscal third-quarter earnings, with analysts expecting significant improvements driven by rebar pricing and trade protections despite a cautious sentiment reflected in declining EPS estimates. Investors will be focused on whether rebar pricing power can lead to margin expansion and how recent acquisitions impact profitability and leverage. The steel manufacturer's ability to convert improved pricing into earnings and navigate market dynamics will be crucial for its performance through fiscal 2026.
Commercial Metals Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Commercial Metals Company (NYSE: CMC) is set to release its Q3 earnings on Thursday, June 25, with analysts forecasting earnings of $1.75 per share and revenue of $2.41 billion. Several top-rated analysts have recently updated their ratings and price targets for CMC, with some downgrades and upgrades reflecting varied sentiment leading up to the earnings call. The company's stock fell 1.2% to $72.36 recently, and it plans an Investor Day on August 5.
Commercial Metals Q3 2026 Earnings Preview — June 25, Street Expects $1.75 EPS
Alphastreet reports that Commercial Metals Company (CMC) is expected to announce Q3 2026 earnings of $1.75 per share on $2.41 billion in revenue on June 25. While analysts project significant year-over-year growth in both EPS (29.6%) and revenue (14.2%), there has been a recent downward revision in EPS estimates, reflecting increased caution. Investors will be closely watching gross margin performance, order backlogs, capacity utilization, and future guidance, especially given the mid-market reporting time.
Commercial Metals Company Stock 12‑Month Price Target Raised to $81, Implies 12% Upside
Commercial Metals Company's average stock price target has been raised from $80.55 to $81 by 11 analysts, with forecasts ranging from $68 to $89 per share. This new target implies a potential upside of approximately 12% from the June 18 closing price. The consensus rating for the company remains "Buy" from 15 analysts.
Commercial Metals Q3 2026 Earnings Preview — June 25, Street Expects $1.75 EPS
Wall Street anticipates Commercial Metals Company (CMC) to report Q3 2026 earnings of $1.75 per share on June 25, with revenue projected at $2.41 billion. While this represents robust year-over-year growth in EPS and revenue, analyst estimates have seen a downward revision over the past 90 days, indicating caution regarding near-term performance. Investors will focus on gross margin, order backlogs, capacity utilization, and future guidance for insights into the company's financial health and market position.
Commercial Metals Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Acc
Commercial Metals Company (NYSE: CMC) is poised to release its Q3 earnings on June 25, with analysts expecting earnings per share to jump significantly to $1.75 from $0.74 in the prior year, and revenue to reach $2.41 billion. The stock closed at $72.36 on Thursday, reflecting a 1.2% decline. Recent analyst ratings include downgrades from Wells Fargo and JP Morgan, an upgrade from UBS, and maintained ratings from Morgan Stanley and Barclays, with varying price targets and accuracy rates.
Commercial Metals Insiders Sell US$2.4m Of Stock, Possibly Signalling Caution
Insiders at Commercial Metals (NYSE:CMC) have sold a significant amount of stock, totaling US$2.4 million over the last year, with a particularly large sale by President and CEO Barbara Smith. Despite the company's solid performance and share price appreciation, this selling activity may indicate a cautious outlook from those best informed about the company's prospects. While insider selling isn't always a negative signal, a concentration of selling can warrant further investigation by investors.
Commercial Metals (CMC) Stock After 49% Annual Gain Is There Still Room To Run
Commercial Metals (CMC) stock has seen a 49.4% annual gain, prompting an analysis of its current valuation. Using Discounted Cash Flow (DCF) and Price-to-Earnings (P/E) ratio approaches, the article suggests CMC is undervalued. It also presents bullish and bearish narratives for the stock, with fair values ranging from US$68.00 to US$80.55 per share.
Commercial Metals (CMC) Stock After 49% Annual Gain Is There Still Room To Run
Commercial Metals (CMC) stock has seen a 49.4% gain over the past year, prompting an analysis of its current valuation. Using Discounted Cash Flow (DCF) and Price/Earnings (P/E) ratio models, Simply Wall St suggests the stock is undervalued, with the DCF model indicating a 32.5% discount and the P/E ratio appearing low compared to industry peers. The article also presents bullish and cautious narratives for CMC's future, considering factors like project pipelines, growth assumptions, and potential risks.
Analysts revise forecasts ahead of Commercial Metals Q3 earnings
Commercial Metals Company is set to release its Q3 earnings on June 25, with analysts projecting $1.75 per share and $2.41 billion in revenue. The company recently increased its quarterly dividend by 11%. Analyst opinions are varied, with some downgrading and others upgrading the stock, leading to revised price targets.
Commercial Metals Co (CMC) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of Commercial Metals Co (CMC), noting its current valuation score of 7.51 within the Metals & Mining industry. It highlights the company's current P/E ratio of 16.26, which is significantly below its recent high but above its recent low. The article also mentions that relevant data for P/B, P/S, and P/CF ratios have not yet been disclosed by the company.
How Wells Fargo’s Rebar Oversupply Concerns Will Impact Commercial Metals (CMC) Investors
Wells Fargo downgraded Commercial Metals Company (CMC) due to concerns about rebar oversupply, weak construction demand, and the stock's high earnings multiple. This analyst shift highlights potential pressures on CMC's pricing and capital returns, despite the company's focus on cost efficiency and share repurchases. While CMC's investment narrative projects revenue growth and a strong fair value, investors should consider the impact of these industry challenges.
How Wells Fargo’s Rebar Oversupply Concerns Will Impact Commercial Metals (CMC) Investors
Wells Fargo recently downgraded Commercial Metals Company (CMC) due to rebar oversupply concerns, weak construction demand, and the stock's high earnings multiple, potentially impacting investors. This downgrade highlights risks to CMC's investment narrative, which relies on cost efficiency and steady construction demand. Despite the concerns, CMC continues share repurchases and dividend increases, but the sustainability of these actions may be challenged by market conditions.
Analysts Offer Insights on Industrial Goods Companies: Commercial Metals Company (CMC), Old Dominion Freight (ODFL) and Paccar (PCAR)
BMO Capital maintained a Hold rating on Commercial Metals Company (CMC) with an $80.00 price target, while Wells Fargo also kept a Hold rating on Old Dominion Freight (ODFL) with a $205.00 price target. J.P. Morgan maintained a Buy rating on Paccar (PCAR) with a $140.00 price target. The article highlights analyst consensus and potential upside/downside for each stock.
Wells Fargo Downgrades Commercial Metals to Equalweight From Overweight, Price Target is $77
Wells Fargo has downgraded Commercial Metals (CMC) to Equalweight from Overweight, setting a new price target of $77. The steel company, which provides products and technologies for the global construction sector, saw its stock closing at $76.27 on June 4th. This adjustment follows a recent initiation by Barclays with an Equalweight rating and a $75 price target, and an upgrade by UBS to Buy with an $89 price target back in May.
Wells Fargo Downgrades Commercial Metals Company (CMC) to Equal Weight
Wells Fargo analyst Timna Tanners downgraded Commercial Metals Company (CMC) to an Equal Weight rating. The article implies that further details are available to premium subscribers.
Commercial Metals Company: Not Yet Convinced, But Things Are Looking Better (NYSE:CMC)
Commercial Metals Company (CMC) is rated Hold with a price target of $58/share, citing conservative valuation despite recent market exuberance. The company's business is highly cyclical and exposed to construction, with earnings volatility tied to commodity pricing and policy. The recent share price surge is considered an overreaction, as operational improvements and infrastructure support are deemed insufficient to justify the current valuation.
Commercial Metals Company Stock 12‑Month Price Target Raised to $79.18, Implies 3% Upside
The average 12-month price target for Commercial Metals Company (CMC) stock has been raised from $78.45 to $79.18 by 11 analysts, with forecasts ranging from $68 to $89 per share. This new target suggests a 3% potential upside from the May 28 closing price. The consensus rating for CMC remains "Buy" among 15 analysts.
Commercial Metals Company (CMC) PT Raised to $83 at Morgan Stanley
Morgan Stanley analyst Carlos De Alba has raised the price target for Commercial Metals Company (NYSE: CMC) to $83. The article is a premium content piece from StreetInsider.com, requiring a login or subscription to read the full details.
