Q2 EPS Forecast for Commercial Metals Raised by Analyst

Key Points

• Analysts from Zacks Research have raised their Q2 2026 earnings per share estimate for Commercial Metals Company to $0.69, up from a previous estimate of $0.68, maintaining a "Strong-Buy" rating on the stock.
• Commercial Metals recently declared a quarterly dividend of $0.18, set to be paid on November 13th, reflecting a 1.2% dividend yield on an annualized basis.
• The company's shares have a current market capitalization of $6.67 billion, and notable analysts have issued ratings ranging from "Strong Buy" to "Hold" regarding the stock.

Commercial Metals Company (NYSE:CMC - Free Report) - Investment analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for shares of Commercial Metals in a research note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now expects that the basic materials company will earn $0.69 per share for the quarter, up from their prior estimate of $0.68. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Commercial Metals' current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals' Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.49 EPS, FY2026 earnings at $4.18 EPS, Q1 2027 earnings at $1.24 EPS, Q2 2027 earnings at $0.85 EPS, Q3 2027 earnings at $1.00 EPS, Q4 2027 earnings at $1.46 EPS and FY2027 earnings at $4.56 EPS.

Other research analysts have also issued reports about the company. Wolfe Research raised Commercial Metals from a "peer perform" rating to an "outperform" rating in a research report on Friday, June 20th. Wells Fargo & Company raised their target price on Commercial Metals from $61.00 to $64.00 and gave the stock an "overweight" rating in a research report on Friday, September 19th. Wall Street Zen raised Commercial Metals from a "hold" rating to a "buy" rating in a research report on Sunday. Morgan Stanley set a $57.50 price objective on Commercial Metals in a research report on Wednesday, June 25th. Finally, JPMorgan Chase & Co. lifted their price objective on Commercial Metals from $54.00 to $63.00 and gave the stock a "neutral" rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $61.39.

Commercial Metals Stock Down 1.4%

Shares of CMC opened at $59.59 on Thursday. Commercial Metals has a 52 week low of $37.92 and a 52 week high of $64.53. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 192.21, a PEG ratio of 2.06 and a beta of 1.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.00 and a current ratio of 2.86. The stock has a fifty day moving average of $57.75 and a 200-day moving average of $51.27.

Commercial Metals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 30th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 30th. Commercial Metals's payout ratio is 232.26%.

Institutional Investors Weigh In On Commercial Metals

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors raised its holdings in Commercial Metals by 4.4% during the 2nd quarter. Captrust Financial Advisors now owns 4,813 shares of the basic materials company's stock valued at $235,000 after acquiring an additional 202 shares during the period. Isthmus Partners LLC grew its position in Commercial Metals by 3.2% in the first quarter. Isthmus Partners LLC now owns 7,381 shares of the basic materials company's stock worth $340,000 after acquiring an additional 226 shares in the last quarter. Choreo LLC boosted its position in Commercial Metals by 2.1% during the first quarter. Choreo LLC now owns 11,015 shares of the basic materials company's stock valued at $509,000 after buying an additional 228 shares during the period. Paulson Wealth Management Inc. boosted its position in Commercial Metals by 5.2% during the second quarter. Paulson Wealth Management Inc. now owns 4,674 shares of the basic materials company's stock valued at $229,000 after buying an additional 229 shares during the period. Finally, National Bank of Canada FI boosted its position in Commercial Metals by 80.3% during the first quarter. National Bank of Canada FI now owns 548 shares of the basic materials company's stock valued at $25,000 after buying an additional 244 shares during the period. Institutional investors own 86.90% of the company's stock.

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.

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