Research Analysts Issue Forecasts for CMC FY2025 Earnings

Commercial Metals Company (NYSE:CMC - Free Report) - Zacks Research issued their FY2025 earnings estimates for shares of Commercial Metals in a research report issued to clients and investors on Monday, July 7th. Zacks Research analyst S. Deb expects that the basic materials company will post earnings of $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.

CMC has been the topic of several other reports. BMO Capital Markets restated a "market perform" rating and issued a $55.00 price objective (down from $57.00) on shares of Commercial Metals in a report on Tuesday, June 24th. Jefferies Financial Group reissued a "buy" rating on shares of Commercial Metals in a research note on Friday, June 20th. Wolfe Research upgraded shares of Commercial Metals from a "peer perform" rating to an "outperform" rating in a report on Friday, June 20th. Morgan Stanley set a $57.50 price target on Commercial Metals in a research note on Wednesday, June 25th. Finally, UBS Group restated a "neutral" rating on shares of Commercial Metals in a research report on Friday, June 20th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Commercial Metals presently has a consensus rating of "Hold" and a consensus price target of $57.21.

Commercial Metals Trading Up 0.6%

Shares of Commercial Metals stock traded up $0.30 during trading hours on Thursday, hitting $52.75. The company's stock had a trading volume of 801,520 shares, compared to its average volume of 996,517. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of 170.16, a P/E/G ratio of 2.13 and a beta of 1.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.00 and a current ratio of 2.86. Commercial Metals has a twelve month low of $37.92 and a twelve month high of $64.53. The firm has a fifty day moving average of $48.58 and a 200-day moving average of $47.76.

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

Institutional Trading of Commercial Metals

Large investors have recently modified their holdings of the stock. Isthmus Partners LLC boosted its holdings in shares of Commercial Metals by 3.2% in the first quarter. Isthmus Partners LLC now owns 7,381 shares of the basic materials company's stock valued at $340,000 after acquiring an additional 226 shares during the period. Choreo LLC increased its holdings in shares of Commercial Metals by 2.1% in the 1st quarter. Choreo LLC now owns 11,015 shares of the basic materials company's stock valued at $509,000 after acquiring an additional 228 shares during the period. Ashton Thomas Private Wealth LLC raised its position in Commercial Metals by 5.3% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 4,528 shares of the basic materials company's stock valued at $225,000 after purchasing an additional 229 shares during the last quarter. Mariner LLC raised its position in Commercial Metals by 0.9% in the 4th quarter. Mariner LLC now owns 24,735 shares of the basic materials company's stock valued at $1,227,000 after purchasing an additional 232 shares during the last quarter. Finally, National Bank of Canada FI boosted its stake in Commercial Metals by 80.3% during the 1st quarter. National Bank of Canada FI now owns 548 shares of the basic materials company's stock worth $25,000 after purchasing an additional 244 shares during the period. Hedge funds and other institutional investors own 86.90% of the company's stock.

Commercial Metals Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Monday, June 30th were given a $0.18 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.72 annualized dividend and a yield of 1.36%. Commercial Metals's dividend payout ratio 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.