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Commercial Metals Company (CMC)

Stock Price: $19.93 USD 0.44 (2.26%)
Updated December 4, 4:00 PM EST - Market closed
After-hours: $20.16 +0.23 (1.15%) Dec 4, 7:01 PM

CMC Stock Price Chart

Key Info

Market Cap 2.41B
Revenue (ttm) 5.48B
Net Income (ttm) 279.50M
Shares Out 119.07M
EPS (ttm) 2.32
PE Ratio 8.59
Forward PE 9.50
Dividend $0.48
Dividend Yield 2.41%

Stock Quote

Trading Day December 4
Last Price $19.93
Previous Close $19.49
Change ($) 0.44
Change (%) 2.26%
Day's Open 19.70
Day's Range 19.63 - 20.12
Day's Volume 1,524,059
52-Week Range 11.27 - 23.09

CMC Stock News

Zacks Investment Research - 2 weeks 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 - 2 weeks 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 - 2 weeks ago

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

Zacks Investment Research - 3 weeks ago

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

Forbes - 1 month 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 - 1 month ago

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

Seeking Alpha - 1 month ago

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

GuruFocus - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 2 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 - 2 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 - 2 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 - 2 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 - 2 months ago

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

PRNewsWire - 2 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 - 2 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 - 2 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 - 3 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 - 3 months ago

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

PRNewsWire - 3 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 - 3 months ago

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

Investors Business Daily - 3 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 - 3 months ago

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

Zacks Investment Research - 3 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 - 3 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 - 4 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 - 4 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.

PRNewsWire - 4 months ago

IRVING, Texas, July 29, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced that it will host a virtual Investor Day for the financial community on Thursday, August 13th...

Zacks Investment Research - 4 months ago

This investment strategy is perfect for investors with an inclination toward enormous risk-taking.

Other stocks mentioned: BCC, DPZ, HLF
PRNewsWire - 4 months ago

IRVING, Texas, July 21, 2020 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), today announced that its wholly owned subsidiary, CMC Steel Oklahoma, LLC, has acquired substantially all of...

Seeking Alpha - 4 months ago

A bullish triangle is in play in CMC. The technicals are being backed up by the numbers. Strong profitability and cash flow to the fore.

Zacks Investment Research - 4 months ago

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

Zacks Investment Research - 4 months ago

Commercial Metals (CMC) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Zacks Investment Research - 4 months ago

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

Zacks Investment Research - 4 months ago

As the steel industry is expected to benefit from improving market conditions, it would be prudent to invest in stocks that have compelling prospects.

Other stocks mentioned: SCHN, SID, STLD, TX
24/7 Wall Street - 5 months ago

The U.S. House of Representatives on Wednesday passed the Moving Forward Act, the $1.5 trillion infrastructure bill intended to repair or replace much of the country’s crumbling roads, bridges...

Other stocks mentioned: ACM, FRTA, MLM, NUE, URI, VMC
Zacks Investment Research - 5 months ago

Top Ranked Momentum Stocks to Buy for June 26th 2020

Other stocks mentioned: HEAR, RIO, SRDX
Zacks Investment Research - 5 months ago

Despite market's roller-coaster ride, a handful of momentum stocks with a favorable Zacks Rank have provided double-digit returns so far in June.

Other stocks mentioned: CLW, DOMO, MNTA, VRAY
Zacks Investment Research - 5 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 - 5 months ago

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.

Zacks Investment Research - 5 months ago

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...

Zacks Investment Research - 5 months ago

As of late, it has definitely been a great time to be an investor in Commercial Metals.

GuruFocus - 5 months ago

On June 18 before the market opened, Commercial Metals (NYSE:CMC) released its results for the fiscal 2020 third quarter ended May 31.

Zacks Investment Research - 5 months ago

Commercial Metals (CMC) projects strong construction and infrastructure activity in the fiscal fourth quarter.

Seeking Alpha - 5 months ago

Commercial Metals Company (CMC) CEO Barbara Smith on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

Commercial Metals (CMC) delivered earnings and revenue surprises of 110.71% and 9.24%, respectively, for the quarter ended May 2020. Do the numbers hold clues to what lies ahead for the stock?

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 11 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is 22.86, which is an increase of 14.70% from the latest price.

Price Target
$22.86
(14.70% upside)
Analyst Consensus: Buy