Commercial Metals Company (CMC)

Market Cap	6.09B
Revenue (ttm)	7.93B
Net Income (ttm)	485.49M
Shares Out	113.91M
EPS (ttm)	4.14
PE Ratio	12.92
Forward PE	12.63
Dividend	$0.72 (1.35%)
Ex-Dividend Date	Oct 31, 2024

Volume	844,388
Open	54.87
Previous Close	55.10
Day's Range	53.46 - 54.87
52-Week Range	39.94 - 61.26
Beta	1.14
Analysts	Buy
Price Target	59.50 (+11.28%)
Earnings Date	Oct 17, 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 three segments: North America Steel Group; Europe Steel Group; and Emerging Businesses Group. 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 t...

• Industry: Steel
• Sector: Materials
• IPO Date: Jan 1, 1987
• Employees: 13,022
• Stock Exchange: NYSE
• Ticker Symbol: CMC
• Website: https://www.cmc.com

Financial Performance

In 2024, Commercial Metals Company's revenue was $7.93 billion, a decrease of -9.93% compared to the previous year's $8.80 billion. Earnings were $485.49 million, a decrease of -43.53%.

Analyst Forecast

According to 7 analysts, the average rating for CMC stock is "Buy." The 12-month stock price forecast is $59.5, which is an increase of 11.28% from the latest price.

Price Target

$59.5

(11.28% upside)

Analyst Consensus: Buy