NYSE:CMC - Commercial Metals Stock Price, News, & Analysis

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$19.98 +0.48 (+2.46 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$19.50
Today's Range$19.32 - $20.09
52-Week Range$17.26 - $26.72
Volume925,505 shs
Average Volume1.43 million shs
Market Capitalization$2.30 billion
P/E Ratio13.41
Dividend Yield2.50%
Beta1.26
Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through five segments: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution. The Americas Recycling segment processes and sells 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. The Americas Mills segment manufactures finished long steel products, including reinforcing bars, merchant bars, light structural products, and other special sections, as well as semi-finished billets for re-rolling and forging applications. This segment sells its products to construction, service center, transportation, steel warehousing, fabrication, energy, petrochemical, and original equipment manufacturing industries. The Americas Fabrication segment offers fabricated steel products for use in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams. The International Mill segment manufactures rebars, merchant bars, and wire rods, as well as semi-finished billets; and sells fabricated rebars, fabricated meshes, assembled rebar cages, and other rebar by-products. This segment sells its products to fabricators, manufacturers, distributors, and construction companies. The International Marketing and Distribution segment processes, sells, and distributes steel products, ferrous and nonferrous metals, and other industrial products to manufacturers in the steel, nonferrous metals, metal fabrication, chemical, refractory, construction, and transportation industries. The company was founded in 1915 and is headquartered in Irving, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNYSE:CMC
Previous Symbol
CUSIP20172310
Phone214-689-4300

Debt

Debt-to-Equity Ratio0.76
Current Ratio3.83
Quick Ratio2.75

Price-To-Earnings

Trailing P/E Ratio13.41
Forward P/E Ratio8.88
P/E GrowthN/A

Sales & Book Value

Annual Sales$4.64 billion
Price / Sales0.50
Cash Flow$2.6711 per share
Price / Cash7.48
Book Value$12.76 per share
Price / Book1.57

Profitability

EPS (Most Recent Fiscal Year)$1.49
Net Income$138.50 million
Net Margins2.88%
Return on Equity12.11%
Return on Assets5.71%

Miscellaneous

Employees8,900
Outstanding Shares117,030,000
Market Cap$2.30 billion
OptionableOptionable

Commercial Metals (NYSE:CMC) Frequently Asked Questions

What is Commercial Metals' stock symbol?

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

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

Commercial Metals declared a quarterly dividend on Tuesday, October 23rd. Stockholders of record on Wednesday, November 7th will be given a dividend of $0.12 per share on Wednesday, November 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Tuesday, November 6th. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its earnings results on Thursday, October, 25th. The basic materials company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.08. The basic materials company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Commercial Metals had a net margin of 2.88% and a return on equity of 12.11%. View Commercial Metals' Earnings History.

When is Commercial Metals' next earnings date?

Commercial Metals is scheduled to release their next quarterly earnings announcement on Wednesday, January 2nd 2019. View Earnings Estimates for Commercial Metals.

What price target have analysts set for CMC?

9 brokerages have issued 1-year price targets for Commercial Metals' stock. Their forecasts range from $20.00 to $27.00. On average, they anticipate Commercial Metals' stock price to reach $23.7143 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View Analyst Price Targets for Commercial Metals.

What is the consensus analysts' recommendation for Commercial Metals?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Metals in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commercial Metals.

Has Commercial Metals been receiving favorable news coverage?

Headlines about CMC stock have trended somewhat negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Commercial Metals earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the next several days.

Who are some of Commercial Metals' key competitors?

Who are Commercial Metals' key executives?

Commercial Metals' management team includes the folowing people:
  • Ms. Barbara R. Smith CPA, Chairman, Pres, CEO & Director (Age 59)
  • Ms. Mary A. Lindsey, Sr. VP & CFO (Age 63)
  • Mr. Tracy L. Porter, Exec. VP & COO (Age 61)
  • Mr. Paul K. Kirkpatrick, VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Adam R. Hickey, VP & Chief Accounting Officer (Age 43)

Who are Commercial Metals' major shareholders?

Commercial Metals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.18%), Dimensional Fund Advisors LP (8.30%), Fuller & Thaler Asset Management Inc. (3.54%), FMR LLC (2.89%), Bank of New York Mellon Corp (1.92%) and Hodges Capital Management Inc. (1.87%). Company insiders that own Commercial Metals stock include Adam R Hickey, Melvin Ross Angeltvedt and Tracy L Porter. View Institutional Ownership Trends for Commercial Metals.

Which major investors are selling Commercial Metals stock?

CMC stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, BlueMountain Capital Management LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, Fuller & Thaler Asset Management Inc., Paloma Partners Management Co, Renaissance Technologies LLC and ClariVest Asset Management LLC. Company insiders that have sold Commercial Metals company stock in the last year include Adam R Hickey and Tracy L Porter. View Insider Buying and Selling for Commercial Metals.

Which major investors are buying Commercial Metals stock?

CMC stock was bought by a variety of institutional investors in the last quarter, including Man Group plc, JPMorgan Chase & Co., JPMorgan Chase & Co., Hodges Capital Management Inc., BlackRock Inc., Luminus Management LLC, Janus Henderson Group PLC and Deutsche Bank AG. View Insider Buying and Selling for Commercial Metals.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Commercial Metals' stock price today?

One share of CMC stock can currently be purchased for approximately $19.98.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $2.30 billion and generates $4.64 billion in revenue each year. The basic materials company earns $138.50 million in net income (profit) each year or $1.49 on an earnings per share basis. Commercial Metals employs 8,900 workers across the globe.

What is Commercial Metals' official website?

The official website for Commercial Metals is http://www.cmc.com.

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 or via email at [email protected]


MarketBeat Community Rating for Commercial Metals (NYSE CMC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  224 (Vote Outperform)
Underperform Votes:  370 (Vote Underperform)
Total Votes:  594
MarketBeat's community ratings are surveys of what our community members think about Commercial Metals and other stocks. Vote "Outperform" if you believe CMC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CMC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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