What is Zacks Research's Estimate for CMC FY2025 Earnings?

Commercial Metals Company (NYSE:CMC - Free Report) - Investment analysts at Zacks Research issued their FY2025 earnings estimates for Commercial Metals in a research note issued to investors on Monday, July 7th. Zacks Research analyst S. Deb forecasts that the basic materials company will earn $3.03 per share for the year. The consensus estimate for Commercial Metals' current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals' Q1 2026 earnings at $1.00 EPS, Q3 2026 earnings at $0.97 EPS, FY2026 earnings at $4.11 EPS, Q2 2027 earnings at $0.82 EPS and Q3 2027 earnings at $0.98 EPS.

Commercial Metals (NYSE:CMC - Get Free Report) last released its quarterly earnings data on Monday, June 23rd. The basic materials company reported $0.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.11). Commercial Metals had a net margin of 0.48% and a return on equity of 7.45%. The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.04 billion. During the same quarter in the prior year, the company earned $1.02 EPS. The business's revenue was down 2.8% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the stock. UBS Group reiterated a "neutral" rating on shares of Commercial Metals in a research note on Friday, June 20th. Jefferies Financial Group restated a "buy" rating on shares of Commercial Metals in a research report on Friday, June 20th. Morgan Stanley set a $57.50 price objective on shares of Commercial Metals in a research report on Wednesday, June 25th. Wolfe Research upgraded shares of Commercial Metals from a "peer perform" rating to an "outperform" rating in a research report on Friday, June 20th. Finally, BMO Capital Markets restated a "market perform" rating and issued a $55.00 price objective (down previously from $57.00) on shares of Commercial Metals in a research report on Tuesday, June 24th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $57.21.

Commercial Metals Stock Performance

Shares of CMC traded down $0.61 during mid-day trading on Thursday, hitting $52.17. 950,510 shares of the company's stock were exchanged, compared to its average volume of 998,698. Commercial Metals has a fifty-two week low of $37.92 and a fifty-two week high of $64.53. The firm has a market capitalization of $5.84 billion, a P/E ratio of 168.29, a P/E/G ratio of 2.11 and a beta of 1.26. The business's 50 day moving average is $48.84 and its two-hundred day moving average is $47.75. The company has a current ratio of 2.86, a quick ratio of 2.00 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. National Bank of Canada FI increased its holdings in Commercial Metals by 80.3% in 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 in the last quarter. Park Square Financial Group LLC purchased a new position in shares of Commercial Metals during the 4th quarter worth approximately $33,000. Heck Capital Advisors LLC purchased a new position in shares of Commercial Metals during the 4th quarter worth approximately $34,000. UMB Bank n.a. increased its stake in shares of Commercial Metals by 51.9% during the 1st quarter. UMB Bank n.a. now owns 784 shares of the basic materials company's stock worth $36,000 after purchasing an additional 268 shares in the last quarter. Finally, Wayfinding Financial LLC purchased a new position in shares of Commercial Metals during the 1st quarter worth approximately $47,000. 86.90% of the stock is owned by hedge funds and other institutional investors.

Commercial Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Monday, June 30th were issued a $0.18 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.72 dividend on an annualized basis and a yield of 1.38%. Commercial Metals's dividend payout ratio (DPR) is presently 232.26%.

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.