Core & Main, Inc. (CNM)

NYSE: CNM · IEX Real-Time Price · USD
36.00
+0.97 (2.77%)
Dec 1, 2023, 4:00 PM EST - Market closed
2.77%
Market Cap 8.29B
Revenue (ttm) 6.63B
Net Income (ttm) 361.00M
Shares Out 230.26M
EPS (ttm) 2.12
PE Ratio 16.98
Forward PE 16.49
Dividend n/a
Ex-Dividend Date n/a
Volume 2,847,325
Open 35.12
Previous Close 35.03
Day's Range 34.89 - 36.08
52-Week Range 18.75 - 36.08
Beta 0.95
Analysts Buy
Price Target 35.55 (-1.25%)
Earnings Date Dec 5, 2023

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 4,500
Stock Exchange NYSE
Ticker Symbol CNM
Full Company Profile

Financial Performance

In 2022, Core & Main's revenue was $6.65 billion, an increase of 32.91% compared to the previous year's $5.00 billion. Earnings were $366.00 million, an increase of 120.48%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CNM stock is "Buy." The 12-month stock price forecast is $35.55, which is a decrease of -1.25% from the latest price.

Price Target
$35.55
(-1.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

5 days 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.

12 days 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.

19 days 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.

20 days 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.

24 days 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
25 days ago - PRNewsWire

Core & Main Announces Secondary Offering and Share Repurchase

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

27 days ago - Business Wire

Core & Main Announces Preliminary Fiscal 2023 Third Quarter Results

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

4 weeks 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 weeks ago - Business Wire

Core & Main Hosts 2023 Investor Day and Introduces Long-Term Financial Targets

ST. LOUIS--(BUSINESS WIRE)--Core & Main Hosts 2023 Investor Day and Introduces Long-Term Financial Targets.

2 months ago - Business Wire

Core & Main misses profit expectations, sees ‘pockets of softness' in new projects

Shares of Core & Main Inc. CNM slumped 2.0% in premarket trading Wednesday, after the provider of water, storm drainage and fire protection products and services to contractors and municipalities miss...

3 months ago - Market Watch

Core & Main Announces Fiscal 2023 Second Quarter Results

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

3 months ago - Business Wire

Core & Main to Host Inaugural Investor Day

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Host Inaugural Investor Day.

3 months ago - Business Wire

Core & Main to Announce Fiscal 2023 Second Quarter Results

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

3 months ago - Business Wire

Core & Main Completes Acquisition of Dangelo Co.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Completes Acquisition of Dangelo Co.

5 months ago - Business Wire

Core & Main Completes Acquisition of Foster Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main Completes Acquisition of Foster Supply.

5 months ago - Business Wire

Core & Main Signs Agreement to Acquire Dangelo Co.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire J.W. D'Angelo...

6 months ago - Business Wire

Core & Main Announces Fiscal 2023 First Quarter Results

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

6 months ago - Business Wire

Core & Main to Announce Fiscal 2023 First Quarter Results

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

6 months ago - Business Wire

Core & Main Signs Agreement to Acquire Foster Supply

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially...

6 months ago - Business Wire

Core & Main Completes Acquisition of Midwest Pipe Supply Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its acquisition of substantially all of the assets of...

8 months ago - Business Wire

Core & Main Completes Acquisition of UPSCO

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed on the acquisition of substantially all of the assets...

8 months ago - Business Wire

Core & Main Announces Fiscal 2022 Fourth Quarter and Record Full-Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the fourth quarter and fis...

8 months ago - Business Wire

Core & Main to Announce Fiscal 2022 Fourth Quarter and Full Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, will issue its fina...

9 months ago - Business Wire

Core & Main Completes Acquisition of Landscape & Construction Supplies LLC

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, has closed its prev...

9 months ago - Business Wire