Commercial Metals Company (CMC)

Market Cap	6.55B
Revenue (ttm)	9.16B
Net Income (ttm)	1.25B
Shares Out	117.12M
EPS (ttm)	10.26
PE Ratio	5.45
Forward PE	8.26
Dividend	$0.58 (1.04%)
Ex-Dividend Date	Oct 26, 2022

Volume	303,263
Open	56.01
Previous Close	56.57
Day's Range	55.13 - 56.32
52-Week Range	31.47 - 58.09
Beta	1.28
Analysts	Buy
Price Target	53.55 (-4.26%)
Earnings Date	Mar 16, 2023

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. 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 products, ...

• Industry: Steel
• Sector: Materials
• IPO Date: Jan 1, 1987
• Employees: 12,483
• Stock Exchange: NYSE
• Ticker Symbol: CMC

Financial Performance

In 2022, CMC's revenue was $8.91 billion, an increase of 32.45% compared to the previous year's $6.73 billion. Earnings were $1.22 billion, an increase of 194.83%.

Analyst Forecast

According to 13 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $53.55, which is a decrease of -4.26% from the latest price.

Price Target

$53.55

(-4.26% downside)

Analyst Consensus: Buy