Commercial Metals Company (CMC)
| Market Cap | 5.71B |
| Revenue (ttm) | 7.83B |
| Net Income (ttm) | 133.50M |
| Shares Out | 113.64M |
| EPS (ttm) | 1.15 |
| PE Ratio | 43.87 |
| Forward PE | 14.52 |
| Dividend | $0.72 (1.43%) |
| Ex-Dividend Date | Jan 16, 2025 |
| Volume | 1,039,671 |
| Open | 51.68 |
| Previous Close | 51.68 |
| Day's Range | 50.11 - 51.68 |
| 52-Week Range | 45.50 - 64.53 |
| Beta | 1.19 |
| Analysts | Buy |
| Price Target | 63.83 (+26.97%) |
| 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... [Read more]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $63.83, which is an increase of 26.97% from the latest price.
News
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...
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...
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...
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...
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.
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.
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...
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.
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...
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...
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...
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. ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
CMC REPORTS THIRD QUARTER FISCAL 2024 RESULTS
Third quarter net earnings of $119.4 million, or $1.02 per diluted share Consolidated core EBITDA of $256.1 million; core EBITDA margin of 12.3% Solid seasonal demand and underlying market fundamental...
CMC Awarded on the USA TODAY America's Best Climate Leaders 2024 List
IRVING, Texas , May 30, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), has earned recognition on USA TODAY's list of America's Best Climate Leaders 2024. This prestigious award is present...
CMC Announces Third Quarter Fiscal 2024 Conference Call Webcast Details
IRVING, Texas , May 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its third quarter earnings release for fiscal 2024, invites you to listen to its conference call...