S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NYSE:CMC

Commercial Metals Stock Forecast, Price & News

$30.90
-1.11 (-3.47%)
(As of 11/30/2021 12:00 AM ET)
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Today's Range
$30.59
$32.29
50-Day Range
$30.38
$36.25
52-Week Range
$19.44
$36.86
Volume
997,789 shs
Average Volume
1.11 million shs
Market Capitalization
$3.76 billion
P/E Ratio
9.12
Dividend Yield
1.75%
Beta
1.29
30 days | 90 days | 365 days | Advanced Chart
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Commercial Metals logo

About Commercial Metals

Commercial Metals Co. engages in the manufacture, recycling, and marketing of steel and metal products. It operates through the following segments: North America and Europe. The North America segment is a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Europe segment is a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The company was founded by Moses Feldman in 1915 and is headquartered in Irving, TX.

Headlines

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Industry, Sector and Symbol

Industry
Blast furnaces & steel mills
Sub-Industry
Steel
CUSIP
20172310
Employees
11,089
Year Founded
1915

Sales & Book Value

Annual Sales
$6.73 billion
Cash Flow
$4.64 per share
Book Value
$19.03 per share

Profitability

Net Income
$412.86 million
Pretax Margin
7.94%

Debt

Price-To-Earnings

Miscellaneous

Free Float
120,136,000
Market Cap
$3.76 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/14/2021
Ex-Dividend
10/26/2021
Dividend Payable
11/10/2021
Today
12/01/2021
Next Earnings (Estimated)
1/10/2022
Fiscal Year End
8/31/2022

Social Links


MarketRank

Overall MarketRank

2.36 out of 5 stars

Basic Materials Sector

74th out of 220 stocks

Blast Furnaces & Steel Mills Industry

10th out of 19 stocks

Analyst Opinion: 1.0Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












Commercial Metals (NYSE:CMC) Frequently Asked Questions

Is Commercial Metals a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Metals in the last year. There are currently 1 sell rating, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Commercial Metals stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMC, but not buy additional shares or sell existing shares.
View analyst ratings for Commercial Metals
or view top-rated stocks.

How has Commercial Metals' stock price been impacted by COVID-19?

Commercial Metals' stock was trading at $14.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMC shares have increased by 106.3% and is now trading at $30.90.
View which stocks have been most impacted by COVID-19
.

When is Commercial Metals' next earnings date?

Commercial Metals is scheduled to release its next quarterly earnings announcement on Monday, January 10th 2022.
View our earnings forecast for Commercial Metals
.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its quarterly earnings data on Thursday, October, 14th. The basic materials company reported $1.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.27 by $0.01. The basic materials company had revenue of $2.03 billion for the quarter, compared to analysts' expectations of $2.04 billion. Commercial Metals had a trailing twelve-month return on equity of 20.53% and a net margin of 6.14%. The business's revenue for the quarter was up 44.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.79 EPS.
View Commercial Metals' earnings history
.

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

Commercial Metals announced a quarterly dividend on Wednesday, October 13th. Stockholders of record on Wednesday, October 27th will be paid a dividend of $0.14 per share on Wednesday, November 10th. This represents a $0.56 annualized dividend and a dividend yield of 1.81%. The ex-dividend date is Tuesday, October 26th. This is a boost from Commercial Metals's previous quarterly dividend of $0.12.
View Commercial Metals' dividend history
.

Is Commercial Metals a good dividend stock?

Commercial Metals pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.75%. Commercial Metals does not yet have a strong track record of dividend growth. The dividend payout ratio of Commercial Metals is 16.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Commercial Metals will have a dividend payout ratio of 17.39% next year. This indicates that Commercial Metals will be able to sustain or increase its dividend.
View Commercial Metals' dividend history.

What price target have analysts set for CMC?

8 analysts have issued 1 year target prices for Commercial Metals' shares. Their forecasts range from $21.00 to $41.00. On average, they anticipate Commercial Metals' share price to reach $30.89 in the next twelve months. This suggests that the stock has a possible downside of 0.0%.
View analysts' price targets for Commercial Metals
or view top-rated stocks among Wall Street analysts.

Who are Commercial Metals' key executives?

Commercial Metals' management team includes the following people:
  • Barbara R. Smith, Chairman, President & Chief Executive Officer (LinkedIn Profile)
  • Ty Garrison, Senior Vice President-Operations
  • Paul James Lawrence, Chief Financial Officer & Vice President
  • Tracy L. Porter, Executive Vice President
  • Jody K. Absher, Secretary, Vice President & General Counsel

What is Barbara R. Smith's approval rating as Commercial Metals' CEO?

38 employees have rated Commercial Metals CEO Barbara R. Smith on Glassdoor.com. Barbara R. Smith has an approval rating of 91% among Commercial Metals' employees. This puts Barbara R. Smith in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Commercial Metals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Commercial Metals investors own include Bank of America (BAC), Advanced Micro Devices (AMD), Ford Motor (F), Intel (INTC), AbbVie (ABBV), NVIDIA (NVDA), Cisco Systems (CSCO), Verizon Communications (VZ), Alibaba Group (BABA) and Micron Technology (MU).

What is Commercial Metals' stock symbol?

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

Who are Commercial Metals' major shareholders?

Commercial Metals' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (12.20%), Dimensional Fund Advisors LP (6.65%), Alliancebernstein L.P. (2.72%), Fuller & Thaler Asset Management Inc. (2.51%), Janus Henderson Group PLC (2.00%) and Bank of New York Mellon Corp (1.77%). Company insiders that own Commercial Metals stock include Barbara Smith, Gary E Mccullough and Tracy L Porter.
View institutional ownership trends for Commercial Metals
.

Which institutional investors are selling Commercial Metals stock?

CMC stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Fuller & Thaler Asset Management Inc., BlackRock Inc., Morgan Stanley, Invesco Ltd., Guggenheim Capital LLC, Wasatch Advisors Inc., and Voya Investment Management LLC. Company insiders that have sold Commercial Metals company stock in the last year include Barbara Smith, and Tracy L Porter.
View insider buying and selling activity for Commercial Metals
or view top insider-selling stocks.

Which institutional investors are buying Commercial Metals stock?

CMC stock was acquired by a variety of institutional investors in the last quarter, including Berkley W R Corp, Millennium Management LLC, Easterly Investment Partners LLC, Hodges Capital Management Inc., Nordea Investment Management AB, Crestline Management LP, Wellington Management Group LLP, and American Century Companies Inc..
View insider buying and selling activity for Commercial Metals
or or view top insider-buying stocks.

How do I buy shares of Commercial Metals?

Shares of CMC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Commercial Metals' stock price today?

One share of CMC stock can currently be purchased for approximately $30.90.

How much money does Commercial Metals make?

Commercial Metals has a market capitalization of $3.76 billion and generates $6.73 billion in revenue each year. The basic materials company earns $412.86 million in net income (profit) each year or $3.39 on an earnings per share basis.

How many employees does Commercial Metals have?

Commercial Metals employs 11,089 workers across the globe.

Does Commercial Metals have any subsidiaries?

The following companies are subsidiares of Commercial Metals: ABC Coating Company, AHT Inc., ALLFORM, Brost Forming Supply - Assets, Bruhler Stahlhandel - Assets, C&M Steel, CMC (Beijing) International Trade Company Limited, CMC Cometals International S.à r.l., CMC Commercial Metals de Mexico S. de R.L. de C.V., CMC Europe GmbH, CMC Formtek Services, CMC GH LLC, CMC GH Sisak d.o.o., CMC International Finance S.à r.l., CMC Metals Cyprus Limited, CMC Poland Sp. z o.o., CMC Post Oklahoma LLC, CMC Putex Sp. z o.o., CMC Rebar West, CMC Receivables Inc., CMC Sisak, CMC Steel Fabricators Inc., CMC Steel Oklahoma LLC, CMC Steel US LLC, Cherokee Supply, Cmc Zawiercie, Coil Steels Group, Com Met Company S.à r.l., Commercial Metals (Bermuda) L.P., Commercial Metals Company US (Luxembourg) S.C.S., Commercial Metals Company US LLC, Commercial Metals Deutschland GmbH, Commercial Metals International GmbH, Commonwealth Acquisitions Holdings Inc., Conesco - Assets, Continental Concrete Structures, DamCo, Dunn Del Re Steel - Assets, E.L. Wills -Assets, Economy Steel, Fontana Steel, GAM Steel Pty Ltd, Hall-Hodges - Assets, Huta Zawiercie, J.L. Davidson -Assets, Juarez - Assets, Lofland Acquisition, Mayfield Salvage - Assets, Newell Recycling of San Antonio - Assets, Nicholas J. Bouras - Assets, Nike S.A., Owen Electric Steel Company of South Carolina, Owen Industrial Products Inc., Owen Steel Company, Przedsiębiorstwo Produkcyjno-Usługowe “Ecosteel” Sp. z o.o., Rebar Services and Supply Company - Assets, Reinforcing Post-Tensioning Services, SMI Steel LLC, SMI-Owen Steel Company Inc., Sampson Steel Corporation - Assets, Southmet, Steel Products de Mexico S.A. de C.V., Structural Metals Inc., Suncoast Steel, Symons Corporation, TAMCO, and Yonack Iron & Metal - Assets.

When was Commercial Metals founded?

Commercial Metals was founded in 1915.

What is Commercial Metals' official website?

The official website for Commercial Metals is www.cmc.com.

Where are Commercial Metals' headquarters?

How can I contact Commercial Metals?

Commercial Metals' mailing address is 6565 N. MACARTHUR BLVD. SUITE 800 P O BOX 1046, IRVING TX, 75039. The basic materials company can be reached via phone at (214) 689-4300, via email at [email protected], or via fax at 214-689-5886.


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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