Commercial Metals Company (CMC)

Market Cap	6.21B
Revenue (ttm)	8.41B
Net Income (ttm)	680.26M
Shares Out	115.71M
EPS (ttm)	5.76
PE Ratio	9.32
Forward PE	11.80
Dividend	$0.72 (1.34%)
Ex-Dividend Date	Mar 28, 2024

Volume	756,000
Open	53.16
Previous Close	53.70
Day's Range	52.60 - 53.81
52-Week Range	39.85 - 59.81
Beta	1.33
Analysts	Buy
Price Target	55.75 (+3.8%)
Earnings Date	Mar 21, 2024

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 two segments, North America and Europe. 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. I...

• Industry: Steel
• Sector: Materials
• IPO Date: Jan 1, 1987
• Employees: 13,022
• Stock Exchange: NYSE
• Ticker Symbol: CMC

Financial Performance

In 2023, CMC's revenue was $8.80 billion, a decrease of -1.28% compared to the previous year's $8.91 billion. Earnings were $859.76 million, a decrease of -29.37%.

Analyst Forecast

According to 4 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $55.75, which is an increase of 3.80% from the latest price.

Price Target

$55.75

(3.80% upside)

Analyst Consensus: Buy