Core & Main (CNM) Projected to Post Earnings on Wednesday

Key Points

• Core & Main (NYSE:CNM) is set to announce its Q2 2026 earnings on September 3rd, with analysts predicting earnings of $0.78 per share and revenues of $2.1191 billion.
• The company's stock recently opened at $65.03, showing significant growth with a 52-week high of $66.27 and a net margin of 5.47%.
• Insider trading activity includes Director Orvin T. Kimbrough selling 23,962 shares, reducing their ownership by 63.19%, while institutional investors own over 94% of the stock.

Core & Main (NYSE:CNM - Get Free Report) is anticipated to post its Q2 2026 results before the market opens on Wednesday, September 3rd. Analysts expect Core & Main to post earnings of $0.78 per share and revenue of $2.1191 billion for the quarter. Core & Main has set its FY 2025 guidance at EPS.Parties are encouraged to explore the company's upcoming Q2 2026 earningoverview page for the latest details on the call scheduled for Tuesday, September 9, 2025 at 8:30 AM ET.

Core & Main (NYSE:CNM - Get Free Report) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.52 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.52. Core & Main had a net margin of 5.47% and a return on equity of 23.55%. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same quarter in the previous year, the business posted $0.49 earnings per share. The firm's quarterly revenue was up 9.8% compared to the same quarter last year. On average, analysts expect Core & Main to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Core & Main Trading Up 1.1%

Core & Main stock opened at $65.03 on Wednesday. The company has a 50 day moving average price of $62.61 and a 200 day moving average price of $55.38. Core & Main has a 52 week low of $37.22 and a 52 week high of $66.27. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.10 and a current ratio of 1.96. The firm has a market capitalization of $12.82 billion, a price-to-earnings ratio of 30.25, a P/E/G ratio of 1.90 and a beta of 1.04.

Insider Buying and Selling at Core & Main

In other Core & Main news, Director Orvin T. Kimbrough sold 23,962 shares of the business's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $61.77, for a total value of $1,480,132.74. Following the transaction, the director directly owned 13,958 shares in the company, valued at $862,185.66. The trade was a 63.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robyn L. Bradbury sold 5,000 shares of the business's stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $64.51, for a total transaction of $322,550.00. Following the completion of the transaction, the chief financial officer owned 8,555 shares in the company, valued at approximately $551,883.05. This trade represents a 36.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 518,651 shares of company stock worth $31,915,085 in the last 90 days. 3.53% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Core & Main

A number of large investors have recently modified their holdings of CNM. EverSource Wealth Advisors LLC lifted its position in shares of Core & Main by 145.4% during the second quarter. EverSource Wealth Advisors LLC now owns 454 shares of the company's stock worth $27,000 after purchasing an additional 269 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Core & Main by 262.0% during the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company's stock worth $35,000 after purchasing an additional 524 shares in the last quarter. State of Wyoming acquired a new position in shares of Core & Main during the second quarter worth approximately $190,000. Modern Wealth Management LLC acquired a new position in shares of Core & Main during the second quarter worth approximately $226,000. Finally, AQR Capital Management LLC acquired a new position in shares of Core & Main during the first quarter worth approximately $396,000. 94.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Loop Capital restated a "hold" rating and set a $68.00 price target on shares of Core & Main in a report on Monday, July 28th. Wells Fargo & Company raised their price target on shares of Core & Main from $65.00 to $70.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Citigroup raised their price target on shares of Core & Main from $56.00 to $62.00 and gave the company a "neutral" rating in a report on Tuesday, June 10th. JPMorgan Chase & Co. raised their price target on shares of Core & Main from $54.00 to $56.00 and gave the company an "overweight" rating in a report on Tuesday, May 27th. Finally, Royal Bank Of Canada raised their price target on shares of Core & Main from $60.00 to $67.00 and gave the company an "outperform" rating in a report on Tuesday, June 10th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $60.00.

Core & Main Company Profile

Core & Main, Inc is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.