Core & Main, Inc. (CNM)

NYSE: CNM · IEX Real-Time Price · USD
57.25
+0.48 (0.85%)
At close: Mar 28, 2024, 4:00 PM
57.88
+0.63 (1.10%)
After-hours: Mar 28, 2024, 7:18 PM EDT
0.85%
Market Cap 11.53B
Revenue (ttm) 6.70B
Net Income (ttm) 371.00M
Shares Out 192.15M
EPS (ttm) 2.15
PE Ratio 26.63
Forward PE 23.70
Dividend n/a
Ex-Dividend Date n/a
Volume 2,935,809
Open 56.80
Previous Close 56.77
Day's Range 56.24 - 57.33
52-Week Range 21.75 - 58.26
Beta 1.11
Analysts Buy
Price Target 49.25 (-13.97%)
Earnings Date Mar 19, 2024

About CNM

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products portfolio include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, erosion control, and other related products; fire pr... [Read more]

Sector Industrials
IPO Date Jul 23, 2021
Employees 5,000
Stock Exchange NYSE
Ticker Symbol CNM
Full Company Profile

Financial Performance

In 2023, Core & Main's revenue was $6.70 billion, an increase of 0.77% compared to the previous year's $6.65 billion. Earnings were $371.00 million, an increase of 1.37%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is $49.25, which is a decrease of -13.97% from the latest price.

Price Target
$49.25
(-13.97% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Core & Main Signs Agreement to Acquire EGW Utilities Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire EGW Utilities, Inc., a distributor of underground utility products and services.

3 days ago - Business Wire

This Analyst With 85% Accuracy Rate Sees Around 23% Upside In Micron Technology - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Core & Main (NYSE:CNM), Chipotle Mexican Grill (NYSE:CMG)

U.S. stocks closed mostly lower on Friday. However, all three major indices notched gains last week, with the S&P 500 gaining about 2.3% and the Dow adding approximately 2% to record its best week sin...

Other symbols: CMGMU
3 days ago - Benzinga

Core & Main Promotes Jeff Giles to Executive Vice President, Corporate Development

ST. LOUIS--(BUSINESS WIRE)--Core & Main has promoted Jeff Giles to executive vice president, corporate development.

8 days ago - Business Wire

Core & Main Announces Fiscal 2023 Fourth Quarter and Full-Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2023 Fourth Quarter and Full-Year Results.

9 days ago - Business Wire

Core & Main Signs Agreement to Acquire ACF West Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into an agreement to acquire NW Geosynthetics Inc., doing business as ACF West Inc., a leading geosynthetic distributor.

17 days ago - Business Wire

Core & Main Completes Acquisition of Dana Kepner

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc., has closed its previously announced acquisition of Dana Kepner Company LLC, a distributor of water, wastewater, and other products.

21 days ago - Business Wire

Core & Main to Announce Fiscal 2023 Fourth Quarter and Full-Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2023 Fourth Quarter and Full-Year Results.

23 days ago - Business Wire

Core & Main Completes Acquisition of Eastern Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM) has closed its previously announced acquisition of substantially all of the assets of Eastern Supply Inc.

6 weeks ago - Business Wire

Core & Main Elects Stephen LeClair as Chairman of Board as Clayton, Dubilier & Rice Sells Remaining Stake

ST. LOUIS--(BUSINESS WIRE)--Core & Main Elects Stephen LeClair as Chairman of Board as Clayton, Dubilier & Rice Sells Remaining Stake.

7 weeks ago - Business Wire

Littlejohn & Co. to Sell Dana Kepner to Core & Main

GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has entered into a definitive agreement to sell Dana K...

2 months ago - Business Wire

Core & Main Signs Agreement to Acquire Dana Kepner

ST. LOUIS--(BUSINESS WIRE)-- #coreandmain--Core & Main signs agreement to acquire Dana Kepner, waterworks supplier.

2 months ago - Business Wire

Core & Main Announces Secondary Offering and Share Repurchase

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Secondary Offering and Share Repurchase.

2 months ago - Business Wire

Core & Main Completes Acquisition of Lee Supply Company Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM) has closed its previously announced acquisition of substantially all of the assets of Lee Supply Company Inc.

2 months ago - Business Wire

Core & Main Signs Agreement to Acquire Eastern Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs agreement to acquire assets of a distributor of a broad range of storm drainage products, with custom fabrication capabilities.

2 months ago - Business Wire

Core & Main Announces Upsizing of Secondary Offering

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Upsizing of Secondary Offering.

2 months ago - Business Wire

Core & Main Completes Acquisition of Granite Water Works Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed on its previously announced agreement to acquire assets of a provider of water, wastewater and storm drainage products.

4 months ago - Business Wire

Core & Main Announces Fiscal 2023 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2023 Third Quarter Results.

4 months ago - Business Wire

Core & Main Completes Acquisition of Enviroscape

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed on its previously announced agreement to acquire assets of a geosynthetics and erosion control products provider.

4 months ago - Business Wire

Core & Main to Announce Fiscal 2023 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2023 Third Quarter Results.

4 months ago - Business Wire

Core & Main Signs Agreement to Acquire Lee Supply Company Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main plans to expand waterworks presence in the Eastern U.S.

4 months ago - Business Wire

Core & Main Added to the S&P MidCap 400® Index

ST. LOUIS--(BUSINESS WIRE)--Core & Main Added to the S&P MidCap 400® Index.

4 months ago - Business Wire

Core & Main Signs Agreement to Acquire Granite Water Works Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs agreement to acquire assets of a provider of water, wastewater and storm drainage products, expanding its waterworks reach.

5 months ago - Business Wire

Core & Main Set to Join S&P MidCap 400; ACI Worldwide to Join S&P SmallCap 600

NEW YORK , Nov. 8, 2023 /PRNewswire/ -- Core & Main Inc. (NYSE:CNM) will replace ACI Worldwide Inc. (NASD:ACIW) in the S&P MidCap 400, and ACI Worldwide will replace NextGen Healthcare Inc. (NASD:NXGN...

Other symbols: SPGI
5 months ago - PRNewsWire

Core & Main Announces Preliminary Fiscal 2023 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Preliminary Fiscal 2023 Third Quarter Results.

5 months ago - Business Wire

Core & Main Signs Agreement to Acquire Enviroscape

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs agreement to acquire assets of a geosynthetics and erosion control products provider, expanding the company's geo reach.

5 months ago - Business Wire