Commercial Metals (CMC) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Commercial Metals is expected to report Q4 2026 earnings before the market opens on Thursday, October 15, with analysts forecasting $1.95 in earnings per share and $2.563 billion in revenue.
• The company authorized a $600 million stock-repurchase program, allowing it to buy back up to 7.5% of outstanding shares. Directors and the CEO have also recently purchased CMC shares.
• Analyst sentiment remains positive overall, with nine Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $80.55.

Commercial Metals (NYSE:CMC - Get Free Report) is projected to issue its Q4 2026 results before the market opens on Thursday, October 15th. Analysts expect the company to post earnings of $1.95 per share and revenue of $2.5633 billion for the quarter. Investors may visit the the company's upcoming Q4 2026 earning report page for the latest details on the call scheduled for Thursday, October 15, 2026 at 11:00 AM ET.

Commercial Metals Stock Performance

CMC opened at $63.23 on Thursday. The company has a quick ratio of 1.54, a current ratio of 2.33 and a debt-to-equity ratio of 0.73. The firm has a market cap of $6.99 billion, a PE ratio of 11.91, a P/E/G ratio of 0.33 and a beta of 1.53. The business has a fifty day simple moving average of $67.86 and a 200-day simple moving average of $68.17. Commercial Metals has a fifty-two week low of $53.08 and a fifty-two week high of $84.87.

Commercial Metals announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 5th that authorizes the company to buyback $600.00 million in shares. This buyback authorization authorizes the basic materials company to repurchase up to 7.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at Commercial Metals

In other news, Director John R. Mcpherson bought 1,390 shares of the stock in a transaction on Thursday, August 13th. The shares were purchased at an average price of $71.92 per share, for a total transaction of $99,968.80. Following the completion of the purchase, the director directly owned 21,927 shares of the company's stock, valued at $1,576,989.84. This trade represents a 6.77% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Peter R. Matt purchased 8,230 shares of the business's stock in a transaction dated Friday, July 10th. The shares were purchased at an average cost of $61.30 per share, with a total value of $504,499.00. Following the completion of the purchase, the chief executive officer directly owned 181,522 shares in the company, valued at approximately $11,127,298.60. This represents a 4.75% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.62% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on the stock. BNP Paribas Exane upgraded shares of Commercial Metals from a "neutral" rating to an "outperform" rating and set a $75.00 target price for the company in a report on Wednesday, July 8th. Morgan Stanley upped their price target on shares of Commercial Metals from $83.00 to $88.00 and gave the company an "overweight" rating in a research report on Monday, June 22nd. Weiss Ratings lowered shares of Commercial Metals from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, October 2nd. The Goldman Sachs Group reiterated a "buy" rating and set a $85.00 price objective on shares of Commercial Metals in a research report on Thursday, August 6th. Finally, Bank of America cut their target price on shares of Commercial Metals from $84.00 to $78.00 and set a "buy" rating on the stock in a research note on Thursday, July 9th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $80.55.

About Commercial Metals

Commercial Metals Company NYSE: CMC is a steel and metals manufacturer, fabricator and recycler headquartered in Irving, Texas. Founded in 1915, the company operates a vertically integrated business that collects and processes ferrous scrap, produces steel and supplies products used in construction and infrastructure projects.

CMC's product portfolio includes reinforcing bar, merchant bar, wire rod, structural components and other steel products. Through its fabrication and construction services, the company also processes and prepares reinforcing steel for commercial, industrial, transportation and other building projects.

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