Commercial Metals Company Company Profile (NYSE:CMC)

About Commercial Metals Company (NYSE:CMC)

Commercial Metals Company logoCommercial Metals Company, together with its subsidiaries, manufactures, recycles and markets steel and metal products, related materials and services through a network. The Company's Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. The Americas Mills segment consists of steel mills, commonly referred to as minimills that produce reinforcing bar (rebar), angles, flats and rounds. Its Americas Fabrication segment consists of its steel fabrication facilities that bend, weld, cut and fabricate steel, primarily rebar. Its International Mill segment consists of its mill, recycling and fabrication operations located in Poland. Its International Marketing and Distribution segment includes international operations for the sales, distribution and processing of primary and secondary metals, fabricated metals, semi-finished, long and flat steel products, and other industrial products.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Steel & Iron
  • Sub-Industry: Steel
  • Symbol: NYSE:CMC
  • CUSIP: 20172310
  • Web:
  • Market Cap: $2.17 billion
  • Outstanding Shares: 115,778,000
Average Prices:
  • 50 Day Moving Avg: $18.31
  • 200 Day Moving Avg: $20.36
  • 52 Week Range: $14.57 - $24.64
  • Trailing P/E Ratio: 39.51
  • Foreward P/E Ratio: 12.40
  • P/E Growth: 0.72
Sales & Book Value:
  • Annual Revenue: $4.66 billion
  • Price / Sales: 0.47
  • Book Value: $11.76 per share
  • Price / Book: 1.59
  • Annual Dividend: $0.48
  • Dividend Yield: 2.6%
  • EBIDTA: $301.7 million
  • Net Margins: 0.79%
  • Return on Equity: 6.77%
  • Return on Assets: 2.98%
  • Debt-to-Equity Ratio: 0.57%
  • Current Ratio: 2.58%
  • Quick Ratio: 1.73%
  • Average Volume: 2.12 million shs.
  • Beta: 1.38
  • Short Ratio: 3.73

Frequently Asked Questions for Commercial Metals Company (NYSE:CMC)

What is Commercial Metals Company's stock symbol?

Commercial Metals Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMC."

How often does Commercial Metals Company pay dividends? What is the dividend yield for Commercial Metals Company?

Commercial Metals Company announced a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Wednesday, April 5th will be given a dividend of $0.12 per share on Thursday, April 20th. This represents a $0.48 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend is Monday, April 3rd. View Commercial Metals Company's Dividend History.

How were Commercial Metals Company's earnings last quarter?

Commercial Metals Company (NYSE:CMC) posted its quarterly earnings data on Thursday, March, 23rd. The company reported $0.25 EPS for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.13. The company earned $1.15 billion during the quarter, compared to analyst estimates of $1.12 billion. Commercial Metals Company had a net margin of 0.79% and a return on equity of 6.77%. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 earnings per share. View Commercial Metals Company's Earnings History.

When will Commercial Metals Company make its next earnings announcement?

Commercial Metals Company is scheduled to release their next quarterly earnings announcement on Wednesday, June, 21st 2017. View Earnings Estimates for Commercial Metals Company.

Where is Commercial Metals Company's stock going? Where will Commercial Metals Company's stock price be in 2017?

8 brokerages have issued 1-year price objectives for Commercial Metals Company's shares. Their forecasts range from $17.00 to $26.00. On average, they expect Commercial Metals Company's stock price to reach $21.00 in the next year. View Analyst Ratings for Commercial Metals Company.

What are analysts saying about Commercial Metals Company stock?

Here are some recent quotes from research analysts about Commercial Metals Company stock:

  • 1. Clarkson Capital analysts commented, "We are upgrading shares of CMC to Neutral from Sell and raising our price target to $18 (from $16) ahead of a rebar trade case ruling that could come next week. Together, the three named countries made up ~1.7 mm of the ~1.9 mm tons of rebar imported into the U.S. in 2016. We estimate the market for rebar production in the U.S. at roughly 6 mm tons, meaning that a successful ruling could eliminate roughly 20% of the rebar supply that was available for 2016. Thus, high import duties stand to have a significant impact on the supply demand balance for rebar in the short run, although longer-term we think the consolidated nature of the filing makes the market particularly susceptible toreplacement tonnage from other countries. In addition, while we believe Street EBITDA estimates (for 2018 in particular) are too high, and that they must be pricing in an affirmative outcome already, we are still mindful of the sharp squeezes in the steel space of late and think an upgrade to Neutral is prudent." (2/15/2017)
  • 2. According to Zacks Investment Research, "Commercial Metals Company has three segments - manufacturing, recycling, and marketing and trading. Activities are primarily concerned with metals related activities. The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed, capital expenditures, operating profit and number of employees. The recycling segment is engaged in processing secondary, or scrap, metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals, and fabricated metals. " (1/12/2017)
  • 3. Jefferies Group LLC analysts commented, "CMC’s F1Q17 earnings fell notably short of both our and consensus estimates driven principally by disappointing Mill results. While mgmt was positive on overall market trends for FY17 boosted by expectations for rising construction activity, mgmt warned that F2Q will be hit by normal seasonal weakness and Fab margin pressure is expected to persist. Reiterate Hold. Earnings Fall Short of Expectations: CMC reported adjusted F1Q17 EPS of $0.11, which was short of our $0.15 forecast and consensus of $0.16. Relative to our forecast, revenues were marginally weaker (-0.4%) while gross margins of 15.1% fell -99bps short, which translated to lower gross profits of $162M (-$11M)." (1/10/2017)

Who are some of Commercial Metals Company's key competitors?

Who owns Commercial Metals Company stock?

Commercial Metals Company's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.58%), Vanguard Group Inc. (10.86%), Dimensional Fund Advisors LP (8.40%), State Street Corp (5.28%), AQR Capital Management LLC (3.74%) and Goldman Sachs Group Inc. (3.44%). Company insiders that own Commercial Metals Company stock include Adam B Batchelor, Adam R Hickey, Anthony A Massaro, Barbara Smith, Carey J Dubois, Joseph Alvarado, Paul K Kirkpatrick, Terry P Hatten and Tracy L Porter. View Institutional Ownership Trends for Commercial Metals Company.

Who sold Commercial Metals Company stock? Who is selling Commercial Metals Company stock?

Commercial Metals Company's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Acadian Asset Management LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Geode Capital Management LLC, Capital Fund Management S.A., AQR Capital Management LLC and Prudential Financial Inc.. Company insiders that have sold Commercial Metals Company stock in the last year include Adam B Batchelor, Adam R Hickey and Anthony A Massaro. View Insider Buying and Selling for Commercial Metals Company.

Who bought Commercial Metals Company stock? Who is buying Commercial Metals Company stock?

Commercial Metals Company's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Systematic Financial Management LP, Goldman Sachs Group Inc., Deprince Race & Zollo Inc., State Street Corp, Morgan Stanley, State of Wisconsin Investment Board and Cibc World Markets Corp. View Insider Buying and Selling for Commercial Metals Company.

How do I buy Commercial Metals Company stock?

Shares of Commercial Metals Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Commercial Metals Company stock cost?

One share of Commercial Metals Company stock can currently be purchased for approximately $18.73.

Analyst Ratings

Consensus Ratings for Commercial Metals Company (NYSE:CMC) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $21.00 (12.12% upside)

Analysts' Ratings History for Commercial Metals Company (NYSE:CMC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/24/2017Jefferies Group LLCReiterated RatingHold$19.00MediumView Rating Details
3/28/2017Credit Suisse Group AGUpgradeNeutral -> Outperform$19.00 -> $24.00HighView Rating Details
3/21/2017Deutsche Bank AGLower Price TargetBuy$26.00HighView Rating Details
3/2/2017Clarkson CapitalDowngradeNeutral -> SellN/AView Rating Details
1/19/2017Citigroup IncDowngradeBuy -> Neutral$21.00N/AView Rating Details
11/11/2016DA DavidsonDowngradeBuy -> Neutral$19.00 -> $22.00N/AView Rating Details
11/9/2016Bank of America CorpUpgradeNeutral -> BuyN/AView Rating Details
10/31/2016MacquarieDowngradeOutperform -> NeutralN/AView Rating Details
12/31/2015JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
(Data available from 5/25/2015 forward)


Earnings History for Commercial Metals Company (NYSE:CMC)
Earnings by Quarter for Commercial Metals Company (NYSE:CMC)
Earnings History by Quarter for Commercial Metals Company (NYSE:CMC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/23/2017Q2 2017$0.12$0.25$1.12 billion$1.15 billionViewN/AView Earnings Details
1/9/2017Q117$0.17$0.10$1.14 billion$1.08 billionViewListenView Earnings Details
10/27/2016Q416$0.30$0.01$1.24 billion$1.20 billionViewListenView Earnings Details
6/23/2016Q316$0.25$0.30$1.17 billion$1.23 billionViewListenView Earnings Details
3/24/2016Q216$0.13$0.15$1.11 billion$1.02 billionViewN/AView Earnings Details
1/5/2016Q116$0.30$0.22$1.26 billion$1.15 billionViewN/AView Earnings Details
10/28/2015Q4$0.43$0.25$1.56 billion$1.41 billionViewListenView Earnings Details
6/25/2015Q315$0.39$0.58$1.58 billion$1.51 billionViewListenView Earnings Details
3/26/2015Q215$0.19$0.52$1.64 billion$1.40 billionViewN/AView Earnings Details
1/6/2015Q115$0.25$0.32$1.78 billion$1.70 billionViewN/AView Earnings Details
10/29/2014Q414$0.24$0.29$1.82 million$1.90 millionViewN/AView Earnings Details
6/27/2014Q314$0.30$0.20$1.85 billion$1.80 billionViewN/AView Earnings Details
3/27/2014Q214$0.11$0.12$1.70 billion$1.65 billionViewN/AView Earnings Details
1/7/2014Q1$0.25$0.26$1.76 billion$1.70 billionViewListenView Earnings Details
10/23/2013Q413$0.18$0.19$1.84 billion$1.70 billionViewN/AView Earnings Details
6/27/2013Q3 2013$0.21$0.16$1.95 billion$1.80 billionViewN/AView Earnings Details
3/28/2013Q2 2013$18.23$16.30$1.86 billion$1.73 billionViewListenView Earnings Details
1/7/2013Q1 2013$0.17$0.42$1.89 billion$1.80 billionViewN/AView Earnings Details
10/24/2012$0.28$0.15ViewN/AView Earnings Details
6/27/2012$0.43$0.35ViewN/AView Earnings Details
3/28/2012$0.09$0.25ViewN/AView Earnings Details
1/6/2012$0.35$0.20ViewN/AView Earnings Details
10/28/2011$0.19($1.04)ViewN/AView Earnings Details
6/21/2011$0.21$0.31ViewN/AView Earnings Details
3/22/2011($0.07)($0.40)ViewN/AView Earnings Details
12/21/2010$0.01$0.01$1.75 billion$1.78 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Commercial Metals Company (NYSE:CMC)
2017 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.13$0.19$0.16
Q2 20173$0.00$0.14$0.08
Q3 20172$0.18$0.29$0.24
Q4 20172$0.30$0.36$0.33
(Data provided by Zacks Investment Research)


Current Dividend Information for Commercial Metals Company (NYSE:CMC)
Most Recent Dividend:4/20/2017
Annual Dividend:$0.48
Dividend Yield:2.56%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:154.84% (Trailing 12 Months of Earnings)
55.17% (Based on This Year's Estimates)
31.79% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Commercial Metals Company (NYSE:CMC)

Dividend History by Quarter for Commercial Metals Company (NYSE:CMC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Commercial Metals Company (NYSE:CMC)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 88.74%
Insider Trades by Quarter for Commercial Metals Company (NYSE:CMC)
Institutional Ownership by Quarter for Commercial Metals Company (NYSE:CMC)
Insider Trades by Quarter for Commercial Metals Company (NYSE:CMC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/25/2017Adam R HickeyVPSell2,085$20.85$43,472.25View SEC Filing  
11/11/2016Adam B BatchelorVPSell5,372$20.37$109,427.64View SEC Filing  
11/11/2016Anthony A MassaroDirectorSell2,421$20.52$49,678.92View SEC Filing  
7/5/2016Anthony A MassaroDirectorSell2,367$16.36$38,724.12View SEC Filing  
5/13/2016Adam R HickeyVPSell5,000$17.00$85,000.00View SEC Filing  
4/22/2016Paul K KirkpatrickVPSell2,500$18.20$45,500.00View SEC Filing  
4/20/2016Tracy L PorterSVPSell9,760$18.16$177,241.60View SEC Filing  
4/19/2016Joseph AlvaradoChairmanSell40,571$18.21$738,797.91View SEC Filing  
4/19/2016Terry P HattenVPSell5,621$18.28$102,751.88View SEC Filing  
4/18/2016Carey J DuboisVPSell1,129$18.07$20,401.03View SEC Filing  
4/14/2016Carey J DuboisVPSell14,534$17.69$257,106.46View SEC Filing  
4/13/2016Joseph AlvaradoChairmanSell25,000$18.01$450,250.00View SEC Filing  
4/11/2016Adam B BatchelorVPSell3,319$17.03$56,522.57View SEC Filing  
4/4/2016Barbara SmithCOOSell4,465$17.19$76,753.35View SEC Filing  
2/1/2016Tracy L PorterSVPSell5,330$13.58$72,381.40View SEC Filing  
1/26/2015Adam R HickeyVPBuy1,000$13.15$13,150.00View SEC Filing  
1/26/2015Rhys J BestDirectorBuy7,500$13.23$99,225.00View SEC Filing  
1/20/2015Robert L GuidoDirectorBuy10,000$13.08$130,800.00View SEC Filing  
1/8/2015Barbara SmithCFOBuy1,000$14.45$14,450.00View SEC Filing  
1/8/2015Joseph AlvaradoChairmanBuy2,000$14.55$29,100.00View SEC Filing  
11/3/2014Rhys J BestDirectorBuy5,000$16.83$84,150.00View SEC Filing  
8/15/2014Adam B BatchelorVPSell1,100$17.31$19,041.00View SEC Filing  
5/16/2014Barbara SmithCFOSell4,808$18.91$90,919.28View SEC Filing  
2/13/2014Anthony MassaroDirectorSell6,024$19.75$118,974.00View SEC Filing  
10/30/2013Ann J BruderSVPSell12,590$18.49$232,789.10View SEC Filing  
7/8/2013Tracy L PorterVPSell6,611$14.52$95,991.72View SEC Filing  
12/31/2012Rick J MillsDirectorBuy3,617$14.86$53,748.62View SEC Filing  
11/13/2012Rhys J BestDirectorBuy5,000$13.45$67,250.00View SEC Filing  
10/1/2012Joseph C WinklerDirectorBuy2,084$13.19$27,487.96View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Commercial Metals Company (NYSE:CMC)
Latest Headlines for Commercial Metals Company (NYSE:CMC)
DateHeadline logoJefferies Group LLC Reaffirms "Hold" Rating for Commercial Metals Company (CMC) - May 24 at 2:38 PM logoCommercial Metals Co. breached its 50 day moving average in a Bullish Manner : CMC-US : May 24, 2017 - May 24 at 12:43 PM logoCommercial Metals Company Announces Third Quarter Fiscal 2017 Conference Call Webcast Details - May 23 at 12:47 PM logoCommercial Metals Company (CMC) Receives Average Recommendation of "Hold" from Analysts - May 16 at 8:42 AM logo$1.33 Billion in Sales Expected for Commercial Metals Company (CMC) This Quarter - May 14 at 9:15 AM logo$0.27 EPS Expected for Commercial Metals Company (CMC) This Quarter - May 12 at 6:20 PM logoKeyCorp Comments on Commercial Metals Company's FY2018 Earnings (CMC) - May 5 at 6:53 PM logoCommercial Metals Company (CMC) Earns News Impact Score of 0.46 - April 29 at 10:56 AM logoWhy Many Steel Stocks May Avoid the US Steel Earnings Black Hole - April 26 at 5:16 PM logoCommercial Metals Company (CMC) Getting Somewhat Negative News Coverage, Study Shows - April 26 at 1:49 PM logoCommercial Metals Company (CMC) Rating Reiterated by Jefferies Group LLC - April 23 at 5:02 PM logoCommercial Metals Company (CMC) Receiving Somewhat Positive News Coverage, Study Finds - April 23 at 4:49 PM logoCommercial Metals Company (CMC) Expected to Post Earnings of $0.27 Per Share - April 22 at 12:25 AM logoQ4 2017 EPS Estimates for Commercial Metals Company Cut by Analyst (CMC) - April 21 at 3:42 PM logoCommercial Metals Company (CMC) Earning Somewhat Positive Media Coverage, Analysis Shows - April 20 at 6:18 PM logoQ3 2017 EPS Estimates for Commercial Metals Company Decreased by Jefferies Group (CMC) - April 20 at 12:05 PM logoCielo Completes Acquisition of Property to Construct its First Renewable Fuel Refinery - April 19 at 12:51 PM logoCommercial Metals Company (CMC) Earns Daily News Sentiment Score of -0.03 - April 17 at 9:27 PM logoThe Zacks Analyst Blog Highlights: U.S. Steel, AK Steel, Nucor, Commercial Metals and Steel Dynamics - April 17 at 12:08 PM logoCommercial Metals Company (CMC) Earning Somewhat Positive Press Coverage, Analysis Shows - April 14 at 9:30 PM logoCielo Announces a Memorandum of Understanding with NxGEN Global Inc., Update on Purchase of Land and Related Matters - April 13 at 4:24 PM logoIIROC Trade Resumption - CMC - April 13 at 4:24 PM logoCommercial Metals Co. : CMC-US: Dividend Analysis : April 05th, 2017 (record date) : By the numbers : April 13, 2017 - April 13 at 4:24 PM logoIIROC Trading Halt - CMC - April 13 at 9:34 AM logoPost Earnings Coverage as Commercial Metals' Quarterly Sales Increased 14%; EPS Rocketed 189% - April 7 at 9:02 AM logoETFs with exposure to Commercial Metals Co. : April 5, 2017 - April 7 at 9:02 AM logoCommercial Metals Company (CMC) Upgraded to "Outperform" by Credit Suisse Group AG - April 3 at 10:55 AM logoCOMMERCIAL METALS CO Financials - April 1 at 4:33 PM logoCommercial Metals Company (CMC) Sees Large Decrease in Short Interest - March 31 at 8:17 AM logoCommercial Metals upgraded by Credit Suisse - March 28 at 9:09 PM logoCOMMERCIAL METALS CO Files SEC form 10-Q, Quarterly Report - March 28 at 4:09 PM logoCommercial Metals upgraded to Outperform at Credit Suisse - March 28 at 3:44 PM logoCommercial Metals Stock Climbing on Credit Suisse Upgrade - March 28 at 12:36 PM logoCommercial Metals Company (CMC) Raised to "Outperform" at Credit Suisse Group AG - March 28 at 10:20 AM logoCommercial Metals Company (CMC) Given Average Recommendation of "Hold" by Analysts - March 27 at 1:05 PM logoJefferies Group Weighs in on Commercial Metals Company's Q3 2017 Earnings (CMC) - March 27 at 9:47 AM logoDeutsche Bank AG Lowers Commercial Metals Company (CMC) Price Target to $26.00 - March 25 at 1:25 PM logoEdited Transcript of CMC earnings conference call or presentation 23-Mar-17 3:00pm GMT - March 24 at 4:40 PM logoBRIEF-Commercial Metals Q2 earnings per share $0.26 - March 23 at 9:49 PM logoCommercial Metals' (CMC) CEO Joe Alvarado on Q2 2017 Results - Earnings Call Transcript - March 23 at 9:49 PM logoCommercial Metals Company Reports Second Quarter Fiscal 2017 Earnings Per Share Of $0.26 - March 23 at 4:46 PM logoQ2 2017 Commercial Metals Co Earnings Release - Before Market Open - March 23 at 4:46 PM logoCOMMERCIAL METALS CO Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi - March 23 at 4:46 PM logoCommercial Metals Company (CMC) Announces Earnings Results, Beats Expectations By $0.15 EPS - March 23 at 9:08 AM logoCommercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share - March 22 at 4:28 PM logoCOMMERCIAL METALS CO Files SEC form 8-K, Other Events, Financial Statements and Exhibits - March 22 at 4:28 PM logoCommercial Metals Company (CMC) Plans Quarterly Dividend of $0.12 - March 22 at 10:25 AM logoCommercial Metals Company (CMC) Scheduled to Post Quarterly Earnings on Thursday - March 22 at 7:34 AM logoCielo Closes Asset Purchase & Provides Update on Private Placements and Corporate Activity - March 20 at 3:44 PM logoTop-ranked Hodges Fund loads up on infrastructure stocks as Trump plans to fix roads and bridges - March 20 at 3:44 PM



Commercial Metals Company (CMC) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by Staff