Commercial Metals Company (CMC)
| Market Cap | 6.97B |
| Revenue (ttm) | 7.93B |
| Net Income (ttm) | 485.49M |
| Shares Out | 113.91M |
| EPS (ttm) | 4.14 |
| PE Ratio | 14.79 |
| Forward PE | 15.05 |
| Dividend | $0.72 (1.18%) |
| Ex-Dividend Date | Oct 31, 2024 |
| Volume | 575,559 |
| Open | 60.42 |
| Previous Close | 60.44 |
| Day's Range | 60.39 - 61.75 |
| 52-Week Range | 43.52 - 63.41 |
| Beta | 1.13 |
| Analysts | Strong Buy |
| Price Target | 64.75 (+5.77%) |
| 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 5 analysts, the average rating for CMC stock is "Strong Buy." The 12-month stock price forecast is $64.75, which is an increase of 5.77% from the latest price.
News
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 Quarterly Dividend of $0.18 Per Share
IRVING, Texas , Oct. 15, 2024 /PRNewswire/ -- Today, October 15, 2024, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash divide...
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...
22 Q1 Attractive All-Star Dogs From AAII And Barron's
March 2024 AAII Journal, screens, and a Barron's reporters combined to list two sets of stocks herewith called: “AAII/Barron's All-Stars Q1/24”. The AII article was titled 'Stock Screen All-Stars', an...
Commercial Metals Company (CMC) Q2 2024 Earnings Call Transcript
Commercial Metals Company (CMC) Q2 2024 Earnings Call Transcript
CMC Reports Second Quarter Fiscal 2024 Results
Second quarter net earnings of $85.8 million, or $0.73 per diluted share Consolidated core EBITDA of $224.4 million; core EBITDA margin of 12.1% Downstream contract awards rebounded to the highest qua...
CMC Announces a 13% Increase In Quarterly Dividend
IRVING, Texas , March 20, 2024 /PRNewswire/ -- Today, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per s...
CMC Announces Second Quarter Fiscal 2024 Conference Call Webcast Details
IRVING, Texas , Feb. 21, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release for fiscal 2024, invites you to listen to its conference ca...
CMC Announces Appointment of Dennis V. Arriola to Board of Directors
IRVING, Texas , Feb. 20, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it has named Dennis V. Arriola to the Board of Directors, effective as of March 19, 2024.
CMC Announces Increase to its Existing Share Repurchase Program
IRVING, Texas , Jan. 10, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company" or "CMC") today announced that its Board of Directors has authorized an increase of $500 million to t...
CMC To Be Featured In Season Two of National Docuseries "REPURPOSED"
IRVING, Texas , Jan. 10, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") will be featured in Season Two of REPURPOSED, a travel-adventure docuseries premiering on J...
Commercial Metals Company (CMC) Q1 2024 Earnings Call Transcript
Commercial Metals Company (CMC) Q1 2024 Earnings Call Transcript
CMC Reports First Quarter Fiscal 2024 Results
First quarter net earnings of $176.3 million, or $1.49 per diluted share Consolidated core EBITDA of $325.3 million; core EBITDA margin of 16.2% Generated cash flow from operating activities of $261....