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Commercial Metals Company (CMC)

Stock Price: $32.42 USD -0.04 (-0.12%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 3.95B
Revenue (ttm) 5.60B
Net Income (ttm) 262.81M
Shares Out 120.35M
EPS (ttm) 2.17
PE Ratio 14.97
Forward PE 11.30
Dividend $0.48
Dividend Yield 1.48%
Trading Day May 10
Last Price $32.42
Previous Close $32.46
Change ($) -0.04
Change (%) -0.12%
Day's Open 32.90
Day's Range 32.42 - 33.50
Day's Volume 754,215
52-Week Range 13.43 - 33.50

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Commercial Metals (CMC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

22 hours ago - Zacks Investment Research

From a low of around $450 a ton in late August last year to more than $1,200 a ton by March 1 of this year, the spike in steel prices certainly qualifies as a supercycle.

Other stocks mentioned: CLF, NUE, STLD, X
6 days ago - 24/7 Wall Street

Commercial Metals (CMC) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

Commercial Metals (CMC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks ...

3 weeks ago - Zacks Investment Research

Industrial metals have pulled back from recent highs, but they believe the backdrop remains positive. They also expect a free cash flow.

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3 weeks ago - InvestorPlace

Top Ranked Income Stocks to Buy for April 13th

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3 weeks ago - Zacks Investment Research

New Strong Buy Stocks for April 13th

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3 weeks ago - Zacks Investment Research

If smaller value stocks are your thing, Janus Henderson's Small-Mid Cap Value Fund is a good source of ideas. Here are seven.

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4 weeks ago - InvestorPlace

According to the GuruFocus All-in-One Screener, a Premium feature, as of April 1, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positiv...

Other stocks mentioned: ABCB, LGIH, MCY, WOR
1 month ago - GuruFocus

Robust construction and infrastructure activities as well as upbeat steel prices are contributing to the run-up in Commercial Metals' (CMC) shares.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) is gaining from robust construction and infrastructure activities as well as continued focus on investments.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Commercial Metals' (CMC) finished steel volumes in North America and Europe operations will follow strong seasonal trends in Q3, driven by the start of the spring and summer construction seasons.

1 month ago - Zacks Investment Research

Does Commercial Metals (CMC) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) delivered earnings and revenue surprises of 8.20% and -3.55%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Shares of Commercial Metals (NYSE:CMC) decreased 4.8% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 24.53% over the past year to $0.66, which ...

1 month ago - Benzinga

IRVING, Texas, March 18, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal second quarter ended February 28, 2021.  Earnings from continuing ope...

1 month ago - PRNewsWire

Commercial Metals (NYSE:CMC) announces its next round of earnings this Thursday, March 18. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.

1 month ago - Benzinga

Commercial Metals (CMC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

IRVING, Texas, March 17, 2021 /PRNewswire/ -- Today, March 17, 2021, the board of directors of Commercial Metals Company (NYSE:  CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per shar...

1 month ago - PRNewsWire

Commercial Metals (CMC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Commercial Metals (CMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Robust construction and infrastructure activities as well as upbeat steel prices are contributing to the run-up in Commercial Metals' (CMC) shares.

2 months ago - Zacks Investment Research

Commercial Metals (CMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - Zacks Investment Research

IRVING, Texas, Feb. 22, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release for fiscal 2021, invites you to listen to its conference call ...

2 months ago - PRNewsWire

IRVING, Texas, Feb. 19, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today that it has redeemed all of its outstanding 5.750% Senior Notes due 2026 (the "2026 Notes") fol...

2 months ago - PRNewsWire

IRVING, Texas, Feb. 15, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") today announced with great sadness the passing, on February 13, 2021, of Richard B. "Rick" Kelson, a valued mem...

2 months ago - PRNewsWire

Commercial Metals (CMC) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

IRVING, Texas, Feb. 2, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today the results of its pending cash tender offer (the "Tender Offer") to purchase any and all of its...

3 months ago - PRNewsWire

Company beats earnings expectations in Q1. Fundamentals remain bright although short-term headwinds such as high US scrap costs persist.

3 months ago - Seeking Alpha

If you're looking for value stocks to buy that are selling at a discount to free cash flow, these 10 ought to be on your list. The post 10 Stocks to Buy Currently Selling at a Discount to Free Cash Flow...

Other stocks mentioned: AYI, CVS, CWH, DISCK, GIB, IX, SJM ...
3 months ago - InvestorPlace

IRVING, Texas, Jan. 19, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today that it has agreed to sell $300.0 million aggregate principal amount of 3.875% Senior Notes due...

3 months ago - PRNewsWire

IRVING, Texas, Jan. 19, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today a proposed offering (the "Notes Offering") of $300 million in aggregate principal amount of sen...

3 months ago - PRNewsWire

IRVING, Texas, Jan. 19, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") announced today that it has commenced a cash tender offer (the "Tender Offer") to purchase for cash any and all...

3 months ago - PRNewsWire

On Jan. 11 before the market opened, Commercial Metals (NYSE:CMC) released its results for its fiscal 2021 first quarter, which ended Nov. 30.

3 months ago - GuruFocus

Commercial Metals (CMC) expects solid demand for merchant products in Q2, driven by the recent encouraging trends in residential construction and industrial activities in North America and Europe.

3 months ago - Zacks Investment Research

Commercial Metals Company (CMC) CEO Barbara Smith on Q1 2021 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Commercial Metals (CMC) delivered earnings and revenue surprises of 1.75% and 2.37%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Shares of Commercial Metals (NYSE:CMC) were flat in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 20.55% over the past year to $0.58, which beat the...

4 months ago - Benzinga

IRVING, Texas, Jan. 11, 2021 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2020. First quarter earnings from con...

4 months ago - PRNewsWire

Commercial Metals (NYSE:CMC) announces its next round of earnings this Monday, January 11. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.

4 months ago - Benzinga

IRVING, Texas, Jan. 7, 2021 /PRNewswire/ -- On January 7, 2021, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per share of C...

4 months ago - PRNewsWire

IRVING, Texas, Dec. 16, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that their micro mill in Mesa, Arizona, CMC Steel Arizona, has begun receiving renewable energy from Sa...

4 months ago - PRNewsWire

Commercial Metals (CMC) closed at $19.76 in the latest trading session, marking a -0.7% move from the prior day.

4 months ago - Zacks Investment Research

IRVING, Texas, Dec. 10, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its first quarter earnings release for fiscal 2021, invites you to listen to its conference call t...

5 months ago - PRNewsWire

Commercial Metals (CMC) closed at $20.18 in the latest trading session, marking a +1.25% move from the prior day.

5 months ago - Zacks Investment Research

Commercial Metals (CMC) closed at $21.87 in the latest trading session, marking a +0.64% move from the prior day.

5 months ago - Zacks Investment Research

Commercial Metals (CMC) is worth retaining in the portfolio with pandemic-driven elevated construction activities in the United States and Poland.

5 months ago - Zacks Investment Research

About CMC

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, Germany, and internationally. 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 temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel p... [Read more...]

Industry
Steel
IPO Date
Jan 1, 1987
CEO
Barbara Smith
Employees
11,297
Stock Exchange
NYSE
Ticker Symbol
CMC
Full Company Profile

Financial Performance

In 2020, CMC's revenue was $5.48 billion, a decrease of -6.05% compared to the previous year's $5.83 billion. Earnings were $279.50 million, an increase of 41.10%.

Financial Statements

Analyst Forecasts

According to 8 analysts, the average rating for CMC stock is "Hold." The 12-month stock price forecast is 29.29, which is a decrease of -9.65% from the latest price.

Price Target
$29.29
(-9.65% downside)
Analyst Consensus: Hold