Commercial Metals Company (CMC)

NYSE: CMC · Real-Time Price · USD
49.78
-1.06 (-2.08%)
Feb 21, 2025, 4:00 PM EST - Market closed
-2.08%
Market Cap 5.66B
Revenue (ttm) 7.83B
Net Income (ttm) 133.50M
Shares Out 113.64M
EPS (ttm) 1.15
PE Ratio 43.44
Forward PE 14.44
Dividend $0.72 (1.45%)
Ex-Dividend Date Jan 16, 2025
Volume 928,696
Open 52.03
Previous Close 50.84
Day's Range 49.74 - 52.12
52-Week Range 45.50 - 64.53
Beta 1.17
Analysts Buy
Price Target 62.33 (+25.21%)
Earnings Date Mar 20, 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... [Read more]

Industry Steel
Sector Materials
IPO Date Jan 1, 1987
Employees 13,022
Stock Exchange NYSE
Ticker Symbol CMC
Full Company Profile

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%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $62.33, which is an increase of 25.21% from the latest price.

Price Target
$62.33
(25.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trump tariffs on steel are significant: Fmr. Biden official

President Donald Trump has announced plans to impose a 25% tariff on all steel and aluminum imports into the US, raising concerns about potential retaliation from trading partners. "He ran for electio...

Other symbols: AACLFNUEX
10 days ago - Yahoo Finance

What Trump's Steel and Aluminum Tariffs Mean for the Metals Market

Bloomberg News Metals & Mining Reporter Joe Deaux joins Bloomberg Businessweek to discuss President Trump's plans to impose 25% tariffs on steel and aluminum imports. -------- More on Bloomberg Televi...

Other symbols: AACLFNUESLXX
11 days ago - Bloomberg Markets and Finance

Trump vows to impose 25% tariffs on aluminum, steel

Aluminum and steel stocks surged Monday morning following President Donald Trump's promise to impose 25% tariffs on steel and aluminum imports, with US Steel (X) and Alcoa (AA) leading the sector gain...

Other symbols: AACLFNUEX
11 days ago - Yahoo Finance

Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns

CMC reported mixed fiscal Q1 results with revenue declines and margin pressures, but the North American steel business outperformed expectations on stronger pricing and good cost control. Destocking c...

5 weeks ago - Seeking Alpha

Commercial Metals Company (CMC) Q1 2025 Earnings Call Transcript

Commercial Metals Company (NYSE:CMC) Q1 2025 Earnings Conference Call January 6, 2024 11:00 AM ET Company Participants Peter Matt - President and Chief Executive Officer Paul Lawrence - Senior Vice P...

6 weeks ago - Seeking Alpha

CMC REPORTS FIRST QUARTER FISCAL 2025 RESULTS

First quarter net loss of ($175.7) million, or ($1.54) per diluted share including approximately $265.0 million litigation expense, net of estimated tax; adjusted earnings of $88.5 million, or $0.78 p...

6 weeks ago - PRNewsWire

CMC Announces Quarterly Dividend of $0.18 Per Share

IRVING, Texas , Jan. 2, 2025 /PRNewswire/ -- Today, January 2, 2025, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend...

7 weeks ago - PRNewsWire

How To Earn $500 A Month From Commercial Metals Stock Ahead Of Q1 Earnings

Commercial Metals Company CMC will release earnings results for the first quarter before the opening bell on Monday, Jan. 6, 2025.

2 months ago - Benzinga

Top 3 Materials Stocks That May Rocket Higher In December

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.

Other symbols: CLFKWR
2 months ago - Benzinga

CMC Publishes 2024 Sustainability Report

IRVING, Texas , Dec. 12, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today published its sustainability report for 2024, showcasing the company's industry-leading environmental performa...

2 months ago - PRNewsWire

Top 3 Tech And Telecom Stocks That Could Blast Off In December

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: MSGEOMC
2 months ago - Benzinga

CMC Announces First Quarter Fiscal 2025 Conference Call Webcast Details

IRVING, Texas , Dec. 9, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its first quarter earnings release for fiscal 2025, invites you to listen to its conference call...

2 months ago - PRNewsWire

CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025

IRVING, Texas , Dec. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has been recognized on Newsweek's list of America's Most Responsible Companies 2025. This pre...

2 months ago - PRNewsWire

Top 3 US steel stocks that will benefit from Trump 2.0

Goldman Sachs analyst Mike Harris expects the US steel industry to flourish under Donald Trump as the President of the United States.   Lower interest rates and steady demand will benefit the domestic...

Other symbols: CLFNUE
2 months ago - Invezz

CMC Statement Regarding Pacific Steel Group v. Commercial Metals Co. Litigation

IRVING, Texas , Nov. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. ...

3 months ago - PRNewsWire

CMC's Attractive Valuation Is An Opportunity To Invest In A Shareholder-Friendly Business

The firm's NOPAT margin (NOPAT margin/Revenue) has fallen to its lowest level since 2021, to 7.39% compared to 9.76% in 2023. With a stock price of $54 at the time of writing, CMC has a price-to-EBV p...

4 months ago - Seeking Alpha

Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation & Sustained Growth Struggles

Technicals point to a market-top on the intermediate 5-year chart. Sales, earnings & margins decreased meaningfully in fiscal 2024. A no growth environment is also expected in fiscal 2025. Management ...

4 months ago - Seeking Alpha

Commercial Metals Company (CMC) Q4 2024 Earnings Call Transcript

Commercial Metals Company (NYSE:CMC) Q4 2024 Earnings Call Transcript October 17, 2024 10:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Part...

4 months ago - Seeking Alpha

CMC Reports Fourth Quarter and Full Year Fiscal 2024 Results

Fourth quarter net earnings of $103.9 million, or $0.90 per diluted share; annual net earnings of $485.5 million, or $4.14 per diluted share Consolidated core EBITDA of $227.1 million in the fourth qu...

4 months ago - PRNewsWire

CMC Announces Appointment of Kekin Ghelani as Senior Vice President, Chief Strategy Officer

IRVING, Texas , Oct. 1, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company") today announced that the Board of Directors of the Company (the "Board") appointed Kekin Ghelani to s...

5 months ago - PRNewsWire

CMC Announces Fourth Quarter Fiscal 2024 Conference Call Time One Hour Earlier

IRVING, Texas , Sept. 25, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that it has revised the time of its conference call to be held in conjunction with its fourth quart...

5 months ago - PRNewsWire

CMC Announces Fourth Quarter Fiscal 2024 Conference Call Webcast Details

IRVING, Texas , Sept. 17, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its fourth quarter earnings release for fiscal 2024, invites you to listen to its conference c...

5 months ago - PRNewsWire

CMC Awarded on TIME's America's Best Mid-Size Companies 2024 List

IRVING, Texas , Aug. 22, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) has earned recognition on TIME's inaugural list of America's Best Mid-Size Companies 2024. This prestigious award is...

6 months ago - PRNewsWire

CMC Announces Executive and Board Leadership Changes

Barbara R. Smith to Retire as Executive Chairman Robert S. Wetherbee Appointed Chairman of the Board of Directors Vicki Avril-Groves to Retire from the Board of Directors Tandra Perkins Appointed to t...

7 months ago - PRNewsWire

Commercial Metals Company (CMC) Q3 2024 Earnings Call Transcript

Commercial Metals Company (NYSE:CMC) Q3 2024 Earnings Call Transcript June 20, 2024 11:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Partici...

8 months ago - Seeking Alpha