Commercial Metals (CMC) Projected to Post Earnings on Monday

Commercial Metals (NYSE:CMC - Get Free Report) is expected to issue its Q3 2025 quarterly earnings data before the market opens on Monday, June 23rd. Analysts expect the company to announce earnings of $0.71 per share and revenue of $2.04 billion for the quarter.

Commercial Metals (NYSE:CMC - Get Free Report) last announced its earnings results on Thursday, March 20th. The basic materials company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). Commercial Metals had a return on equity of 8.23% and a net margin of 0.94%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.73 billion. During the same quarter in the previous year, the company posted $0.88 EPS. The business's revenue for the quarter was down 5.1% compared to the same quarter last year. On average, analysts expect Commercial Metals to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Commercial Metals Stock Up 0.1%

CMC stock traded up $0.06 during midday trading on Thursday, hitting $49.02. The company's stock had a trading volume of 1,041,034 shares, compared to its average volume of 979,534. The company's fifty day moving average price is $46.43 and its 200 day moving average price is $48.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.82 and a quick ratio of 1.94. Commercial Metals has a twelve month low of $37.92 and a twelve month high of $64.53. The stock has a market capitalization of $5.54 billion, a P/E ratio of 81.70, a PEG ratio of 2.77 and a beta of 1.27.

Commercial Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Monday, June 30th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.47%. Commercial Metals's dividend payout ratio is currently 120.00%.

Insider Buying and Selling

In other Commercial Metals news, Director John R. Mcpherson bought 2,475 shares of the business's stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of $40.42 per share, for a total transaction of $100,039.50. Following the transaction, the director now directly owns 15,141 shares in the company, valued at approximately $611,999.22. This represents a 19.54% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Commercial Metals

A number of institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in Commercial Metals by 1.4% in the first quarter. Royal Bank of Canada now owns 90,989 shares of the basic materials company's stock valued at $4,186,000 after acquiring an additional 1,219 shares during the last quarter. Amundi boosted its stake in shares of Commercial Metals by 13.3% in the 1st quarter. Amundi now owns 2,480 shares of the basic materials company's stock valued at $114,000 after purchasing an additional 291 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Commercial Metals by 614.9% during the first quarter. Jones Financial Companies Lllp now owns 11,767 shares of the basic materials company's stock worth $541,000 after buying an additional 10,121 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Commercial Metals by 5.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,033,514 shares of the basic materials company's stock valued at $47,552,000 after buying an additional 56,875 shares during the period. Finally, Empowered Funds LLC boosted its position in Commercial Metals by 1.8% during the first quarter. Empowered Funds LLC now owns 53,305 shares of the basic materials company's stock valued at $2,453,000 after acquiring an additional 941 shares during the last quarter. Institutional investors own 86.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on CMC shares. Wolfe Research raised Commercial Metals from a "peer perform" rating to an "outperform" rating and set a $50.00 price target for the company in a research report on Tuesday, May 27th. BMO Capital Markets dropped their price objective on Commercial Metals from $58.00 to $54.00 and set a "market perform" rating on the stock in a research note on Friday, March 21st. UBS Group decreased their target price on shares of Commercial Metals from $54.00 to $49.00 and set a "neutral" rating for the company in a research note on Monday, March 24th. JPMorgan Chase & Co. started coverage on shares of Commercial Metals in a research report on Friday, May 30th. They set a "neutral" rating and a $52.00 price target on the stock. Finally, Morgan Stanley cut their price target on shares of Commercial Metals from $56.00 to $53.00 and set an "equal weight" rating for the company in a research note on Friday, March 7th. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $58.00.

About Commercial Metals

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.