Commercial Metals (CMC) Stock Price, News & Analysis

Company Overview

Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets.

In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products. The company’s fabrication business further shapes and welds these base metals into value-added components, including decking, joists, stud rail and trusses. CMC’s distribution arm delivers finished steel and fabricated assemblies to customers in the construction, infrastructure, energy and manufacturing sectors.

Commercial Metals maintains facilities across the United States as well as in Central Europe, with production sites in Poland and Slovakia. The company’s geographically diversified platform allows it to serve regional construction markets and industrial end users with a balanced mix of domestic and export business. CMC is led by an executive management team with deep experience in metals recycling, steel production and supply-chain logistics, and is overseen by a board of directors with extensive backgrounds in manufacturing and international trade.

Key Stats

• Today's Range: $58.89 to $59.88
• 50-Day Range: $48.91 to $59.21
• 52-Week Range: $37.92 to $64.53
• Volume: 1.08 million shs
• Average Volume: 1.09 million shs
• Market Capitalization: $6.69 billion
• P/E Ratio: 192.91
• Dividend Yield: 1.20%
• Price Target: $58.81
• Consensus Rating: Moderate Buy

Commercial Metals Stock Analysis - MarketRank™

Commercial Metals scored higher than 82% of companies evaluated by MarketBeat, and ranked 45th out of 184 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Commercial Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Commercial Metals is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Commercial Metals has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 51.78%

Earnings Growth

Earnings for Commercial Metals are expected to grow by 51.78% in the coming year, from $3.09 to $4.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Commercial Metals is 192.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 279.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of Commercial Metals is 192.91, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 157.30.

Price to Earnings Growth Ratio

Commercial Metals has a PEG Ratio of 1.79. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Commercial Metals has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.08% of the float of Commercial Metals has been sold short.

Short Interest Ratio / Days to Cover

Commercial Metals has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Commercial Metals has recently increased by 27.72%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Commercial Metals pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Commercial Metals has only been increasing its dividend for 4 years.

Dividend Coverage

The dividend payout ratio of Commercial Metals is 232.26%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Commercial Metals will have a dividend payout ratio of 15.35% next year. This indicates that Commercial Metals will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -2.35

Percentage of Shares Shorted

3.08% of the float of Commercial Metals has been sold short.

Short Interest Ratio / Days to Cover

Commercial Metals has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Commercial Metals has recently increased by 27.72%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.29

News Sentiment

Commercial Metals has a news sentiment score of 1.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Commercial Metals this week, compared to 8 articles on an average week.

Search Interest

5 people have searched for CMC on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Commercial Metals to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Commercial Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.46% of the stock of Commercial Metals is held by insiders.

Percentage Held by Institutions

86.90% of the stock of Commercial Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CMC Stock Analysis - Frequently Asked Questions

How have CMC shares performed this year?

Commercial Metals' stock was trading at $49.60 at the beginning of the year. Since then, CMC shares have increased by 20.6% and is now trading at $59.8010.

How were Commercial Metals' earnings last quarter?

Commercial Metals Company (NYSE:CMC) issued its earnings results on Monday, June, 23rd. The basic materials company reported $0.74 earnings per share for the quarter, missing analysts' consensus estimates of $0.85 by $0.11. The business's quarterly revenue was down 2.8% compared to the same quarter last year.
Read the conference call transcript.

Does Commercial Metals have any subsidiaries?

Commercial Metals subsidiaries include these companies: Tensar Corporation, Continental Concrete Structures, GAM Steel Pty Ltd, Reinforcing Post-Tensioning Services, ABC Coating Company, Nike S.A., CMC Sisak, and more.

Who are Commercial Metals' major shareholders?

Commercial Metals' top institutional investors include State Street Corp (5.46%), Boston Partners (3.19%), Boston Partners (3.17%) and Franklin Resources Inc. (2.85%). Insiders that own company stock include Ty L Garrison, Peter R Matt, Barbara Smith, John R Mcpherson, Lindsay L Sloan and Stephen William Simpson.
View institutional ownership trends.

How do I buy shares of Commercial Metals?

Shares of CMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Commercial Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Commercial Metals investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

• Last Earnings: 6/23/2025
• Record date for 7/9 Dividend: 6/30/2025
• Ex-Dividend for 7/9 Dividend: 6/30/2025
• Dividend Payable: 7/09/2025
• Today: 9/08/2025
• Next Earnings (Estimated): 10/16/2025
• Fiscal Year End: 8/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: STEEL - PRODUCERS
• Sub-Industry: Steel
• Current Symbol: NYSE:CMC
• CIK: 22444
• Web: www.cmc.com
• Phone: (214) 689-4300
• Fax: 214-689-5886
• Employees: 13,178
• Year Founded: 1915

Price Target and Rating

• Average Price Target for Commercial Metals: $58.81
• High Price Target: $75.00
• Low Price Target: $50.00
• Potential Upside/Downside: -0.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.31
• Trailing P/E Ratio: 191.00
• Forward P/E Ratio: 19.16
• P/E Growth: 1.79
• Net Income: $485.49 million
• Net Margins: 0.48%
• Pretax Margin: 0.63%
• Return on Equity: 7.45%
• Return on Assets: 4.49%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 2.86
• Quick Ratio: 2.00

Sales & Book Value

• Annual Sales: $7.93 billion
• Price / Sales: 0.84
• Cash Flow: $6.66 per share
• Price / Cash Flow: 8.89
• Book Value: $37.39 per share
• Price / Book: 1.58

Miscellaneous

• Outstanding Shares: 111,930,000
• Free Float: 111,416,000
• Market Cap: $6.63 billion
• Optionable: Optionable
• Beta: 1.33