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Commercial Metals Company (CMC)

Stock Price: $25.15 USD -0.66 (-2.56%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
After-hours: $24.61 -0.54 (-2.15%) Feb 26, 6:39 PM
Market Cap 3.06B
Revenue (ttm) 5.48B
Net Income (ttm) 260.25M
Shares Out 119.76M
EPS (ttm) 2.16
PE Ratio 11.66
Forward PE 8.67
Dividend $0.48
Dividend Yield 1.91%
Trading Day February 26
Last Price $25.15
Previous Close $25.81
Change ($) -0.66
Change (%) -2.56%
Day's Open 25.63
Day's Range 24.89 - 25.91
Day's Volume 1,270,710
52-Week Range 10.49 - 27.10

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Zacks Investment Research - 2 weeks ago

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

PRNewsWire - 3 weeks ago

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 ...

Seeking Alpha - 1 month ago

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

InvestorPlace - 1 month ago

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...

Other stocks mentioned: AYI, CVS, CWH, DISCK, GIB, IX, SJM, SSP, WHR, FL
PRNewsWire - 1 month ago

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...

PRNewsWire - 1 month ago

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 amo...

PRNewsWire - 1 month ago

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 a...

GuruFocus - 1 month ago

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

Zacks Investment Research - 1 month ago

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 Eur...

Seeking Alpha - 1 month ago

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

Zacks Investment Research - 1 month ago

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?

Benzinga - 1 month ago

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, whic...

PRNewsWire - 1 month ago

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 earning...

Benzinga - 1 month ago

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.

PRNewsWire - 1 month ago

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 ...

PRNewsWire - 2 months ago

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 ener...

Zacks Investment Research - 2 months ago

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

PRNewsWire - 2 months ago

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 confere...

Zacks Investment Research - 2 months ago

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

Zacks Investment Research - 3 months ago

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

Zacks Investment Research - 3 months ago

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

Zacks Investment Research - 3 months ago

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

Zacks Investment Research - 3 months ago

In the latest trading session, Commercial Metals (CMC) closed at $20.79, marking a +0.43% move from the previous day.

Forbes - 4 months ago

Big economic data this week will be released, including housing market updates, the Conference Board's leading economic index, and the IHS Markit update on some of its indexes. For investors l...

Other stocks mentioned: CRL, MCD, NSP, RSG
Zacks Investment Research - 4 months ago

Commercial Metals (CMC) expects solid steel demand, driven by recovery in construction sector and rebound in Central European industrial production.

Seeking Alpha - 4 months ago

Commercial Metals Company (CMC) CEO Barbara Smith on Q4 2020 Results - Earnings Call Transcript

GuruFocus - 4 months ago

On Oct. 15 before the market opened, Commercial Metals (NYSE:CMC) released its results for its fiscal 2020 fourth quarter, which ended Aug. 31.

Zacks Investment Research - 4 months ago

Commercial Metals (CMC) delivered earnings and revenue surprises of 31.67% and 1.78%, respectively, for the quarter ended August 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 4 months ago

Shares of Commercial Metals (NYSE:CMC) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 3.95% over the past year to $0.79, wh...

PRNewsWire - 4 months ago

IRVING, Texas, Oct. 15, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal fourth quarter and year ended August 31, 2020. Earnings from...

Zacks Investment Research - 4 months ago

Commercial Metals' (CMC) Q4 results to likely reflect solid construction and infrastructure demand, offset by lower steel prices due to the pandemic.

Zacks Investment Research - 4 months ago

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.

Zacks Investment Research - 4 months ago

As the steel industry fundamentals are improving, it would be prudent to invest in stocks in this space that are well-placed for solid upside in the final quarter of 2020.

Other stocks mentioned: FSTR, MT, PKX, SCHN
Zacks Investment Research - 4 months ago

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

Zacks Investment Research - 4 months ago

Crude steel production from China shot up 8.4% to an all-time high in August on firm domestic demand.

Other stocks mentioned: FSTR, PKX, SID, ZEUS
Zacks Investment Research - 5 months ago

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.

Zacks Investment Research - 5 months ago

Commercial Metals (CMC) closed the most recent trading day at $21.47, moving -0.92% from the previous trading session.

PRNewsWire - 5 months ago

IRVING, Texas, Sept. 15, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its fourth quarter earnings release for fiscal 2020, invites you to listen to its confe...

Investopedia - 5 months ago

These steel stocks are the best for value, profitability, and momentum for Q4 2020.

Other stocks mentioned: GGB, MTL, STLD
Zacks Investment Research - 5 months ago

Commercial Metals (CMC) poised to benefit from a stellar rebar-margin environment, and elevated construction activities in the United States and Poland amid the pandemic.

Zacks Investment Research - 6 months ago

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

Zacks Investment Research - 6 months ago

The new mill construction will help expand Commercial Metals' (CMC) offering to West Coast to meet rebar and MBQ product demand.

PRNewsWire - 6 months ago

IRVING, Texas, Aug. 13, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced it will build its third micro mill.

Zacks Investment Research - 6 months ago

Commercial Metals (CMC) possesses solid growth attributes, which could help it handily outperform the market.

Investors Business Daily - 6 months ago

Commercial Metals sees its Relative Strength Rating reach the 80-plus level. The post Commercial Metals Relative Strength Rating Rising Amid Sector Rotation appeared first on Investor's Busine...

Zacks Investment Research - 6 months ago

Is (CMC) Outperforming Other Basic Materials Stocks This Year?

Zacks Investment Research - 6 months ago

Want to try an out-of-the-box approach to earn handsome returns? Tap these stocks with explosive relative price strength.

Other stocks mentioned: MUSA, OC, SEM, WHR
Zacks Investment Research - 6 months ago

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

Zacks Investment Research - 6 months ago

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

Zacks Investment Research - 6 months ago

Commercial Metals is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

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 22.37, which is a decrease of -11.05% from the latest price.

Price Target
$22.37
(-11.05% downside)
Analyst Consensus: Hold