J.P. Morgan Reaffirms Their Buy Rating on Commercial Metals Company (CMC)
J.P. Morgan analyst Bill Peterson reiterated a Buy rating on Commercial Metals Company (CMC) and set an $83.00 price target. This comes after the company reported strong Q2 earnings with revenue of $2.13 billion and a net profit of $93.03 million. Other analysts from Wells Fargo and KeyBanc also offered ratings, while a recent insider transaction showed a sale of shares by a former executive.
Commercial Metals Stock Near Multi-Year Lows: Why Analysts Still See a Path to $85
Commercial Metals Company (CMC) stock has dropped nearly 30% from its 52-week high despite strong underlying performance and increasing dividends. Analysts see a path to higher valuations, with a mean target of $78.10, due to an accelerating core business, successful new precast platform, and favorable market conditions like rising steel prices and trade protection. The company's future performance hinges on the integration of its precast platform and the successful launch of a new micro mill, making the Q3 fiscal 2026 report a key event for investors.
Commercial Metals shares slip nearly 4% after earnings miss despite revenue growth
Shares of Commercial Metals (CMC) fell nearly 4% pre-market after the company missed Q2 earnings expectations, reporting adjusted EPS of $1.26 against a consensus of $1.39. Despite the earnings miss, the company's revenue increased by 3.2% year-over-year to $2.09 billion, slightly above analyst estimates. The miss was attributed to lower margins in its North America Steel Group, increased operating costs, and reduced equity earnings from joint ventures.
Allspring Global Investments Holdings LLC Cuts Stock Holdings in Commercial Metals Company $CMC
Allspring Global Investments Holdings LLC reduced its stake in Commercial Metals Company (NYSE:CMC) by 7.6% in the fourth quarter, selling 17,155 shares. Despite this, institutional ownership remains high at 86.9%, with other major investors like UBS Group AG and Millennium Management LLC significantly increasing their positions. Commercial Metals recently missed EPS estimates but beat revenue expectations, boosted its quarterly dividend, and analysts hold a "Moderate Buy" consensus rating for the stock.
Wall Street Zen Downgrades Commercial Metals to 'Buy' Rating
Wall Street Zen has downgraded Commercial Metals Company (NYSE: CMC) from 'strong-buy' to 'buy' due to weaker-than-expected earnings, rising input costs, and increased competition in the steel market. This downgrade highlights broader challenges facing the steel industry, and investors will be monitoring the company's future performance.
Commercial Metals (NYSE:CMC) Upgraded at The Goldman Sachs Group
The Goldman Sachs Group upgraded Commercial Metals (NYSE:CMC) to a "strong-buy" rating, although the stock's Q1 earnings per share missed estimates while revenue exceeded expectations, showing a 21.5% year-over-year increase. Insider Jennifer Durbin sold a significant number of shares, while director Dennis Arriola purchased shares, and Goldman Sachs increased its institutional holdings. The company's stock trades at $61.71 with a market cap of $6.84 billion, and analysts anticipate EPS of 3.09 for the current fiscal year.
Commercial Metals Upgraded to Strong Buy by Goldman Sachs
Goldman Sachs has upgraded Commercial Metals Company (NYSE: CMC) to a 'strong-buy' rating, raising its price target to $85. This upgrade reflects the investment bank's confidence in the steel recycler's strong performance, operational efficiency, and growth potential, driven by its integrated network and robust financial results. The move signals Wall Street's belief in significant upside for CMC, positioning it as a key player in the steel and construction sectors.
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Commercial Metals Company (CMC) Gets a Buy from Goldman Sachs
Goldman Sachs maintained a Buy rating on Commercial Metals Company (CMC) with a price target of $74.00. The company recently reported strong financial results for the quarter ending February 28, with revenue reaching $2.13 billion and a net profit of $93.03 million, significantly up from the previous year. Insider sentiment is neutral, with some recent stock sales by a former executive.
Does Stronger Earnings And Bigger Payouts Change The Bull Case For Commercial Metals (CMC)?
Commercial Metals (CMC) recently reported stronger second-quarter and six-month results, with increased sales and a return to net income. The company also completed a significant share repurchase program and raised its quarterly dividend by 11%, signaling a focus on returning cash to shareholders. These developments could strengthen CMC's investment narrative, especially given analysts' varying fair value estimates and future growth projections for the company.
Commercial Metals (CMC) director takes quarterly fees in stock
Commercial Metals Company director Gary E. McCullough received 576 shares of Common Stock as equity compensation, issued on April 1, 2026, in lieu of his quarterly cash retainer for board and committee service. The shares were valued at $62.87 each. Following this grant, McCullough directly holds 28,770 shares of Commercial Metals Common Stock.
Does Stronger Earnings And Bigger Payouts Change The Bull Case For Commercial Metals (CMC)?
Commercial Metals Company (CMC) reported stronger second-quarter and six-month results, moving from a prior loss to a net income of US$270.31 million. The company completed a share repurchase program and increased its quarterly dividend by 11% to US$0.20 per share, emphasizing shareholder returns. While these improvements are positive, investors still need to consider margin sustainability, input cost fluctuations, and competitive pressures against the backdrop of an existing investment narrative projecting significant revenue and earnings growth by 2028.
Commercial Metals Company (NYSE:CMC) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Thirteen analyst firms have given Commercial Metals Company (NYSE:CMC) a consensus rating of "Moderate Buy," with an average 1-year price target of $73.00. The company recently reported mixed quarterly results, with EPS of $1.16 missing estimates but revenue of $2.13 billion beating expectations and increasing 21.5% year-over-year. CMC also raised its quarterly dividend to $0.20 per share, and institutional investors own approximately 86.9% of the stock, while insiders have shown mixed activity with one selling shares and another buying.
Commercial Metals assumed with a Buy at Goldman Sachs
Goldman Sachs has initiated coverage of Commercial Metals (CMC) with a Buy rating and a $74 price target, citing bullish sentiment on U.S. steel equities due to sustained high prices from Section 232 tariffs and anticipated demand growth in infrastructure and private non-residential construction. The firm favors "lower beta companies" like Commercial Metals that are expected to accelerate free cash flow and achieve higher margins through metal margin expansion and product diversification. This positive outlook follows recent price target adjustments from JPMorgan and Wells Fargo.
Analysts Offer Insights on Materials Companies: Commercial Metals Company (CMC) and Ecolab (ECL)
This article provides analyst insights on two materials companies, Commercial Metals Company (CMC) and Ecolab (ECL). KeyBanc maintained a Hold rating on CMC, while analysts generally have a "Strong Buy" consensus for both companies. Berenberg Bank maintained a Buy rating on Ecolab with a price target of $321.00.
KeyBanc reiterates Sector Weight on Commercial Metals stock
KeyBanc has reiterated a Sector Weight rating on Commercial Metals Company (NYSE:CMC), despite lowering its fiscal 2026 EPS forecast due to increased M&A-related depreciation and amortization. The firm maintained its fiscal 2027 estimates, noting positive contributions from precast operations. The stock, currently trading above its Fair Value, has seen a 28% gain over the past year but a 15.6% decline year-to-date, attributed by analysts to macro concerns and rising rebar supply.
Commercial Metals (NYSE: CMC) Reports Fiscal Q2 Results
Commercial Metals (NYSE: CMC) reported strong fiscal second-quarter results, with net earnings of $93 million and net sales reaching $2.13 billion, driven by higher steel margins and recent acquisitions in precast concrete operations. The company's North America Steel Group and Construction Solutions Group significantly contributed to this growth, despite a weaker performance in Europe. CMC also increased its quarterly dividend and projects continued sequential growth in core EBITDA for the third quarter, supported by seasonal improvements and margin strength.
Commercial Metals Valuation Leaves Room for Upside Despite Recent Pullback
Commercial Metals (CMC) stock has pulled back at the end of Q1 2026 but is poised for a rebound, with technical analysis suggesting a sustainable uptrend. The company reported strong Q2 2026 results, with revenue up 21.7% and significant EBITDA growth, driven by acquisitions and favorable conditions. Analysts maintain a "Moderate Buy" rating with a projected upside, supported by strategic initiatives, cost savings, and increased capital returns.
Research Alert: CFRA Maintains Hold Opinion On Shares Of Commercial Metals Company
CFRA has reaffirmed its "Hold" opinion on Commercial Metals Company (CMC) shares. This indicates that CFRA's outlook on the stock's performance and investment attractiveness remains unchanged. Investors should consider this consistent rating from CFRA when evaluating their positions in CMC.
KeyBanc Reiterates Sector Weight Rating on Commercial Metals Company (CMC)
KeyBanc analyst Samuel McKinney reiterated a Sector Weight rating for Commercial Metals Company (CMC). The analyst noted that while FY26 EPS is expected to fall due to M&A accounting, EBITDA remains steady, with precast contributions starting strong. Investor macro concerns and rising U.S. rebar supply might be affecting share performance, but KeyBanc maintains its rating due to FCFE strength, diversification efforts, and valuation support.
BMO Capital Reaffirms Their Hold Rating on Commercial Metals Company (CMC)
BMO Capital analyst Katja Jancic reaffirmed a Hold rating on Commercial Metals Company (CMC) with a $70.00 price target. The company recently reported strong quarterly revenue and net profit, with corporate insider sentiment being neutral. Other analysts from TipRanks – Anthropic Steel and Wells Fargo also issued ratings on CMC.
A Look At Commercial Metals (CMC) Valuation After Recent Share Price Weakness
Commercial Metals (CMC) has experienced recent share price weakness, leading to a reassessment of its valuation. Despite short-term declines, the company shows solid long-term gains for shareholders. Simply Wall St's analysis suggests CMC is undervalued with a fair value of $80.30, driven by strategic initiatives, but investors should also consider risks like construction demand and rebar competition.
Commercial Metals Q2 2026 Earnings Report | Pricing Recovery & Trade Impact - News and Statistics
Commercial Metals Company reported strong fiscal second-quarter 2026 earnings, demonstrating impressive underlying performance despite weather-related disruptions. The company saw a significant pricing recovery in its North American segment and a substantial increase in a core earnings metric year-over-year. This positive performance is supported by ongoing structural demand, partially due to unspent funds from a major federal infrastructure act, and preliminary duties from an ongoing trade case against several nations.
Commercial Metals (CMC) Reports Q2 2026 Earnings Miss Amid Severe Winter Weather
Commercial Metals (CMC) reported a Q2 2026 earnings miss, with adjusted EPS at $1.16 against an analyst consensus of $1.30-$1.34, primarily due to severe North American winter weather impacting operations and increasing costs. Despite the earnings shortfall, the company's revenue increased by 21.5% year-over-year to $2.13 billion, exceeding expectations. Management is optimistic about a "meaningful recovery" in Q3 2026, anticipating improved weather conditions and continued strong demand for steel in infrastructure and manufacturing.
Wells Fargo & Company Cuts Commercial Metals (NYSE:CMC) Price Target to $77.00
Wells Fargo & Company has reduced its price target for Commercial Metals (NYSE:CMC) from $80.00 to $77.00, while maintaining an "overweight" rating. This new target suggests a potential upside of 29.5% from the current stock price. Despite mixed Q2 results where revenue beat expectations but EPS missed, the company reported strong operational momentum and an 11% increase in its quarterly dividend.
Commercial Metals Company (NYSE:CMC) Q2 2026 Earnings Call Transcript
Commercial Metals Company (NYSE:CMC) reported Q2 2026 earnings, missing expectations with adjusted EPS of $1.16 against an anticipated $1.28. Despite this, the company highlighted strong financial performance driven by its newly acquired precast platform and strategic initiatives like the TAG program, which is expected to yield significant EBITDA benefits. The North American market showed solid demand, while the European segment faced mixed conditions and potential increases in energy costs, though the company remains confident in offsetting these.
Commercial Metals Company (CMC) Q2 2026 Earnings Recap
Commercial Metals Company (CMC) reported strong Q2 2026 earnings with an adjusted EPS of $1.16 on revenue of $2.13B, marking a significant recovery and explosive year-over-year growth. Despite the strong performance, the stock declined 2.5%, suggesting investor skepticism about the sustainability of these results. The North America Steel Group largely drove the revenue, though market participants are questioning the durability of current margins amidst the industry's cyclical nature.
Commercial Metals Company (CMC) Stock Slips 2.19% Despite Q2 Revenue Climbing to $2.1 Billion
Commercial Metals Company (CMC) announced strong fiscal second-quarter results with revenue reaching $2.1 billion and significant improvements in profitability metrics and EBITDA. Despite these positive financial indicators, including a dividend increase and strengthened backlog, the company's stock experienced a 2.19% decline. The growth was driven by robust steel manufacturing and the integration of precast concrete operations.
Commercial Metals Company reports fiscal Q2 2026 results
Commercial Metals Company (NYSE:CMC) reported significant financial results for its fiscal Q2 2026, with net earnings of $93 million and adjusted earnings of $130.1 million. The company's consolidated core EBITDA surged 114% year-over-year to $297.5 million, significantly driven by strategic acquisitions in the precast concrete market. CMC maintains a strong balance sheet with over $1.7 billion in liquidity and increased its quarterly dividend.
Commercial Metals (CMC) Earnings Call Transcript
Commercial Metals Company (CMC) reported strong Q2 2026 results, with net earnings of $93 million and adjusted earnings of $130.1 million, driven by solid operational execution and the successful integration of its new precast platform. The company's North America Steel Group and Construction Solutions Group showed significant growth, while the Europe Steel Group faced mixed market conditions. CMC raised its quarterly dividend by 11% and anticipates meaningful sequential improvement in consolidated core EBITDA for Q3, supported by seasonal gains, continued margin strength, and benefits from its "TAG" operational excellence program.
Commercial Metals (CMC) Falls Short of Q2 Earnings Expectations
Commercial Metals Company (CMC) reported adjusted earnings of $1.16 per share for Q2, falling short of the Zacks Consensus Estimate of $1.28 per share, despite revenues of $2.13 billion beating expectations. The company's stock has declined approximately 9.8% year-to-date, and it currently holds a Zacks Rank #3 (Hold). Investors are now looking at future earnings projections and the broader industry outlook, with Steel Dynamics (STLD) also soon to report its quarterly results.
Commercial Metals’ Blowout Quarter Points to a Broader Turnaround in American Steel
Commercial Metals (CMC) reported a strong fiscal Q2 2026 with significantly increased revenue and net income, driven by a 96.9% year-over-year surge in its North America Steel Group's adjusted EBITDA. This performance, along with strong results from peers Nucor and Steel Dynamics, indicates a broader recovery in the U.S. steel industry. The turnaround is attributed to new tariff duties on rebar imports and substantial unspent Infrastructure Investment and Jobs Act funding, creating favorable market conditions.
Commercial Metals Company (CMC) Reports Q2 Earnings
Commercial Metals Company (CMC) reported its Q2 earnings with an EPS of $1.16 and revenue of $2.13 billion, marking a significant 21.5% year-over-year increase. The company's net income reached $93.0 million, and its core EBITDA was $2.97 million. These results surpassed previous year's figures, with EPS up 427.3% compared to Q2 2025.
Earnings jump at Commercial Metals (NYSE: CMC) on Q2 2026 results
Commercial Metals Company (NYSE: CMC) reported significant earnings growth in Q2 fiscal 2026, with net earnings reaching $93.0 million and adjusted earnings of $130.1 million, driven by strong core EBITDA of $297.5 million. The North America Steel Group and the newly acquired precast platform within the Construction Solutions Group were key contributors to this performance. Despite a weaker showing from the Europe Steel Group, CMC maintains strong liquidity, is focused on deleveraging after recent acquisitions, and increased its quarterly dividend.
Jefferies on Commercial Metals Company (CMC): 'good value following recent underperformance'
Jefferies analyst Christopher LaFemina reiterated a Buy rating and an $85.00 price target for Commercial Metals Company (NYSE: CMC). LaFemina highlighted CMC as a good value option, especially following its recent underperformance in the market. The full analyst comments and rationale are available to premium subscribers.
Earnings Flash (CMC) Commercial Metals Company Reports Q2 Revenue $2.13B, vs. FactSet Est of $2.09B
Commercial Metals Company (CMC) announced its Q2 revenue reached $2.13 billion, surpassing FactSet's estimate of $2.09 billion. This report provides a quick financial update on the company's performance for the second quarter, indicating stronger-than-expected sales.
Commercial Metals Company (NYSE:CMC) Declares Quarterly Dividend of $0.20
Commercial Metals Company (NYSE:CMC) has declared a quarterly dividend of $0.20 per share, marking an 11.1% increase from its previous payout. The dividend is set to be paid on April 15th to shareholders of record on April 6th, implying a yield of approximately 1.3%. The company continues to demonstrate strong financial health, with a payout ratio of 16.9% and consistent dividend increases over the past four years.
Commercial Metals earnings ahead: Can new precast deals deliver?
Commercial Metals Company is set to report its fiscal second-quarter earnings, with investors focused on the performance of its recent $2.5 billion precast concrete acquisitions amidst seasonal headwinds. Analysts anticipate $1.30 EPS on $2.09 billion revenue, a sequential decline from the previous quarter, but maintain a "Buy" rating for the stock. The market will be watching the integration of the precast businesses, steel margin momentum, and construction demand indicators to assess the company's transformation strategy.
Commercial Metals Company Declares Regular Quarterly Cash Dividend on Common Stock, Payable on April 15, 2026
Commercial Metals Company (CMC) has declared a regular quarterly cash dividend of $0.20 per share on its common stock, representing an 11% increase from the previous dividend. This marks the company's 246th consecutive quarterly dividend. The dividend is payable on April 15, 2026, to stockholders of record as of April 6, 2026.
Dividend raised 11% as Commercial Metals (NYSE: CMC) signals confidence
Commercial Metals Company (NYSE: CMC) has announced an 11% increase in its regular quarterly cash dividend, raising it to $0.20 per share. This marks the company's 246th consecutive quarterly payment and will be disbursed on April 15, 2026, to shareholders of record as of April 6, 2026. Management expressed confidence in CMC's cash flow, financial position, and business outlook, emphasizing its commitment to competitive cash returns and value-accretive growth.
KeyBanc assumes coverage on Commercial Metals stock with Sector Weight
KeyBanc has initiated coverage on Commercial Metals Company (CMC) with a Sector Weight rating, noting the stock appears overvalued relative to its Fair Value estimate according to InvestingPro. The firm revised its fiscal 2026 EBITDA and EPS estimates downward due to softening U.S. domestic rebar prices and a higher tax rate. Despite near-term challenges, CMC maintains a strong balance sheet and a long history of dividend payments.
How To Earn $500 A Month From Commercial Metals Stock Ahead Of Q2 Earnings
Commercial Metals (NYSE:CMC) is expected to report Q2 earnings of $1.32 per share, a significant increase from the previous year, with revenue anticipated to be $2.09 billion. The company offers an annual dividend yield of 1.13% and a quarterly dividend of 18 cents per share. Investors looking to earn a regular $500 per month from dividends would need to invest approximately $531,729, which corresponds to about 8,333 shares.
Commercial Metals declares 245th consecutive quarterly cash dividend
Commercial Metals Company (CMC) has declared its 245th consecutive quarterly cash dividend of $0.18 per share. The dividend is payable on May 13, 2026, to stockholders of record as of April 29, 2026.
JPMorgan Chase Increases Stake in Commercial Metals Company
JPMorgan Chase & Co. has increased its stake in Commercial Metals Company (NYSE:CMC) by 7.9% during the third quarter of 2026, bringing its total ownership to 884,604 shares valued at $50.67 million. This move signals the investment firm's confidence in the basic materials company's business and growth potential, potentially boosting its stock price and market position. Commercial Metals Company is a global steel and metal recycler, manufacturer, and fabricator based in Irving, Texas.
Commercial Metals (CMC) Set to Announce Results Next Week: Analysts Anticipate Increase in Earnings
Commercial Metals Company (CMC) is expected to report increased earnings and revenue for the quarter ending February 2026, with analysts projecting $1.28 EPS and $1.98 billion in revenue. However, the Zacks Earnings ESP model indicates a negative outlook, suggesting a potential earnings miss. While CMC has outperformed EPS estimates twice in the past four quarters, its current Zacks Rank of #3 (Hold) combined with a negative Earnings ESP of -14.62% makes an earnings beat unlikely this quarter.
Commercial Metals (CMC) Set to Announce Results Next Week: Analysts Anticipate Increase in Earnings
Commercial Metals Company (CMC) is expected to report increased earnings and revenue for the quarter ending February 2026, with analysts forecasting $1.28 EPS and $1.98 billion in revenue. Despite positive growth projections, the company's Earnings ESP of -14.62% combined with a Zacks Rank of #3 (Hold) suggests that outpacing consensus EPS estimates in the upcoming report is not strongly predicted. Investors are advised to consider additional factors beyond past performance and current analyst sentiment before making investment decisions.
Commercial Metals (CMC) Set to Announce Results Next Week: Analysts Anticipate Increase in Earnings
Commercial Metals Company (CMC) is expected to report increased earnings and revenue for the quarter ending February 2026. Analysts project a 392.3% increase in EPS to $1.28 and a 13% rise in revenue to $1.98 billion. However, with a negative Earnings ESP of -14.62% and a Zacks Rank of #3 (Hold), the company is not strongly predicted to beat EPS expectations.
Penn Capital Management Company LLC Sells 85,473 Shares of Commercial Metals Company $CMC
Penn Capital Management Company LLC significantly reduced its stake in Commercial Metals Company (NYSE:CMC) by 37.1% in the third quarter, selling 85,473 shares and now owning 0.13% of the company. Despite this, overall institutional ownership remains high at 86.90%, while insider activity showed mixed signals with one director buying shares and another insider selling a larger portion of their holdings. Analysts maintain a "Moderate Buy" consensus for CMC, with a target price of $72.80, and the company recently surpassed its quarterly EPS estimates.
Commercial Metals Co Stock Faces Headwinds Amid Steel Cycle Slowdown
Commercial Metals Co (CMC) stock is facing headwinds due to a slowdown in the steel cycle and declining performance in a volatile metals market. The company, a key player in the US steel and metals recycling sector, has seen shares drop in recent weeks, with European investors closely monitoring its sensitivity to infrastructure spending and scrap price volatility. Despite short-term weakness, CMC maintains a disciplined balance sheet, with dividends and strategic acquisitions supporting long-term growth.
Commercial Metals Co. (NYSE:CMC) Stands Out as a Dependable Dividend Stock
Commercial Metals Co. (NYSE:CMC) is highlighted as a dependable dividend stock due to its consistent dividend payments, low payout ratio of 18.48%, and respectable five-year dividend growth rate of 8.46%. The company demonstrates strong financial health with positive earnings, robust liquidity, and a manageable debt level, securing its ability to sustain and grow dividends. Additionally, CMC is attractively valued with a P/E ratio of 14.67 and a forward P/E of 8.25, suggesting it may be a good investment for long-term dividend-focused investors.
