Commercial Metals Company (CMC)

Market Cap	5.70B
Revenue (ttm)	7.93B
Net Income (ttm)	485.49M
Shares Out	114.02M
EPS (ttm)	4.14
PE Ratio	12.14
Forward PE	13.41
Dividend	$0.72 (1.43%)
Ex-Dividend Date	Oct 31, 2024

Volume	43,880
Open	49.98
Previous Close	50.27
Day's Range	49.78 - 50.53
52-Week Range	47.42 - 64.53
Beta	1.15
Analysts	Buy
Price Target	65.00 (+30.13%)
Earnings Date	Jan 6, 2025

About CMC

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high t...

• Industry: Steel
• Sector: Materials
• IPO Date: Jan 1, 1987
• Employees: 13,022
• Stock Exchange: NYSE
• Ticker Symbol: CMC
• Website: https://www.cmc.com

Financial Performance

In 2024, Commercial Metals Company's revenue was $7.93 billion, a decrease of -9.93% compared to the previous year's $8.80 billion. Earnings were $485.49 million, a decrease of -43.53%.

Analyst Forecast

According to 7 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $65.0, which is an increase of 30.13% from the latest price.

Price Target

$65.0

(30.13% upside)

Analyst Consensus: Buy