Core & Main (CNM) Projected to Announce Quarterly Earnings on Wednesday

Key Points

• Core & Main is expected to report Q2 2027 earnings before the market opens on September 9, 2026. Analysts forecast earnings of $0.92 per share on revenue of approximately $2.14 billion.
• CNM shares opened at $42.05, near their one-year low of $41.87 and below both their 50-day and 200-day moving averages. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $56.70.
• Director James D. Hope recently purchased 2,067 shares, while institutional investors own 94.19% of the company’s stock.

Core & Main (NYSE:CNM - Get Free Report) will likely be posting its Q2 2027 results before the market opens on Wednesday, September 9th. Analysts expect Core & Main to announce earnings of $0.92 per share and revenue of $2.1358 billion for the quarter. Investors may review the information on the company's upcoming Q2 2027 earning results page for the latest details on the call scheduled for Wednesday, September 9, 2026 at 8:30 AM ET.

Core & Main Price Performance

NYSE:CNM opened at $42.05 on Wednesday. Core & Main has a one year low of $41.87 and a one year high of $67.18. The company has a market cap of $8.14 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.48 and a beta of 0.91. The firm's fifty day moving average price is $45.13 and its two-hundred day moving average price is $48.57. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.31 and a quick ratio of 1.31.

Wall Street Analyst Weigh In

Several brokerages recently commented on CNM. William Blair assumed coverage on shares of Core & Main in a report on Thursday, July 23rd. They set a "market perform" rating for the company. Northcoast Research cut shares of Core & Main from a "buy" rating to a "neutral" rating in a report on Wednesday, August 26th. The Goldman Sachs Group restated a "neutral" rating and set a $24.00 price objective on shares of Core & Main in a research report on Thursday, June 11th. Citigroup reduced their price objective on Core & Main from $54.00 to $53.00 and set a "neutral" rating for the company in a report on Thursday, June 11th. Finally, Wall Street Zen downgraded Core & Main from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, Core & Main currently has an average rating of "Moderate Buy" and an average target price of $56.70.

Insider Buying and Selling at Core & Main

In other news, Director James D. Hope bought 2,067 shares of the company's stock in a transaction dated Monday, July 6th. The stock was bought at an average price of $46.01 per share, with a total value of $95,102.67. Following the completion of the acquisition, the director owned 11,805 shares of the company's stock, valued at $543,148.05. This represents a 21.23% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.51% of the company's stock.

Hedge Funds Weigh In On Core & Main

Hedge funds have recently bought and sold shares of the business. Aigen Investment Management LP acquired a new position in shares of Core & Main during the 4th quarter worth approximately $253,000. Marex Group plc bought a new position in shares of Core & Main during the fourth quarter worth approximately $231,000. Modern Wealth Management LLC bought a new position in shares of Core & Main during the second quarter worth approximately $226,000. State of Wyoming acquired a new stake in shares of Core & Main in the second quarter valued at approximately $190,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of Core & Main in the fourth quarter valued at approximately $116,000. 94.19% of the stock is owned by institutional investors.

About Core & Main

Core & Main, Inc NYSE: CNM is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company's product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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