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
  • Sub-Industry: Steel
  • Symbol: NYSE:CMC
  • CUSIP: 20172310
  • Web:
  • Market Cap: $2.3737 billion
  • Outstanding Shares: 115,790,000
Average Prices:
  • 50 Day Moving Avg: $18.73
  • 200 Day Moving Avg: $18.70
  • 52 Week Range: $15.16 - $24.64
  • Trailing P/E Ratio: 32.67
  • Foreward P/E Ratio: 14.48
  • P/E Growth: 0.93
Sales & Book Value:
  • Annual Revenue: $4.82 billion
  • Price / Sales: 0.51
  • Book Value: $12.25 per share
  • Price / Book: 1.73
  • Annual Dividend: $0.48
  • Dividend Yield: 2.3%
  • EBITDA: $306.06 million
  • Net Margins: 1.57%
  • Return on Equity: 7.84%
  • Return on Assets: 3.42%
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 2.24%
  • Quick Ratio: 1.37%
  • Average Volume: 1.95 million shs.
  • Beta: 1.22
  • Short Ratio: 3.17

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 declared a quarterly dividend on Wednesday, June 21st. Investors of record on Thursday, July 6th will be given a dividend of $0.12 per share on Thursday, July 20th. This represents a $0.48 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Monday, July 3rd. View Commercial Metals Company's Dividend History.

How were Commercial Metals Company's earnings last quarter?

Commercial Metals Company (NYSE:CMC) issued its earnings results on Thursday, June, 23rd. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The firm earned $1.23 billion during the quarter, compared to analyst estimates of $1.17 billion. Commercial Metals Company had a net margin of 1.57% and a return on equity of 7.84%. Commercial Metals Company's quarterly revenue was down 18.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.58 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 Thursday, October, 26th 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 analysts have issued 12-month target prices for Commercial Metals Company's stock. Their predictions range from $16.00 to $26.00. On average, they anticipate Commercial Metals Company's share price to reach $20.63 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. 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. " (10/17/2017)
  • 2. 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)
  • 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 are Commercial Metals Company's key executives?

Commercial Metals Company's management team includes the folowing people:

  • Joseph Alvarado, Chairman of the Board
  • Barbara R. Smith CPA, President, Chief Executive Officer, Director
  • Mary A. Lindsey, Chief Financial Officer, Vice President
  • Terry Hatten, Chief Human Resource Officer, Vice President
  • Tracy L. Porter, Executive Vice President - CMC Operations
  • Paul J. Lawrence, Vice President - Finance, Treasurer
  • Paul K. Kirkpatrick, Vice President, General Counsel, Corporate Secretary
  • Adam Ryan Hickey, Vice President, Controller
  • Adam B. Batchelor, Vice President - Strategy and Planning
  • Anthony A. Massaro, Lead Independent Director

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.

What is Commercial Metals Company's stock price today?

One share of Commercial Metals Company stock can currently be purchased for approximately $21.14.

MarketBeat Community Rating for Commercial Metals Company (NYSE CMC)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  253 (Vote Underperform)
Total Votes:  409
MarketBeat's community ratings are surveys of what our community members think about Commercial Metals Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Commercial Metals Company (NYSE:CMC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $20.63 (2.44% downside)
Consensus Price Target History for Commercial Metals Company (NYSE:CMC)
Price Target History for Commercial Metals Company (NYSE:CMC)
Analysts' Ratings History for Commercial Metals Company (NYSE:CMC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Jefferies Group LLCUpgradeHold -> BuyN/AView Rating Details
9/15/2017Citigroup Inc.Lower Price TargetBuy$22.00 -> $21.00HighView Rating Details
9/6/2017MacquarieInitiated CoverageUnderperform -> Underperform$16.00MediumView Rating Details
9/5/2017Bank of America CorporationReiterated RatingNeutral$20.00 -> $21.00LowView Rating Details
8/15/2017Clarkson CapitalReiterated RatingSell$16.00LowView Rating Details
3/28/2017Credit Suisse GroupUpgradeNeutral -> Outperform$19.00 -> $24.00HighView Rating Details
3/21/2017Deutsche Bank AGLower Price TargetBuy$26.00HighView Rating Details
11/11/2016DA DavidsonDowngradeBuy -> Neutral$19.00 -> $22.00N/AView Rating Details
12/31/2015J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
(Data available from 10/18/2015 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
10/26/2017$0.27N/AView Earnings Details
6/22/2017Q3 2017$0.23$0.34$1.34 billion$1.38 billionViewN/AView Earnings Details
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: $0.71
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 20173$0.17$0.36$0.24
(Data provided by Zacks Investment Research)


Current Dividend Information for Commercial Metals Company (NYSE:CMC)
Most Recent Dividend:7/20/2017
Annual Dividend:$0.48
Dividend Yield:2.27%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:73.85% (Trailing 12 Months of Earnings)
54.55% (Based on This Year's Estimates)
32.88% (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: 90.64%
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 logoCommercial Metals Company (CMC) Upgraded by Zacks Investment Research to "Hold" - October 17 at 8:26 PM logoBrazil's Gerdau may sell U.S. facilities for $630 million: report - October 17 at 6:03 PM logoBrazil's Gerdau mulls raising $630 mln with U.S. deal -report - October 17 at 6:03 PM logoCommercial Metals Company (CMC) Receives Consensus Recommendation of "Hold" from Analysts - October 15 at 9:28 AM logo Analysts Anticipate Commercial Metals Company (CMC) Will Post Quarterly Sales of $1.23 Billion - October 13 at 9:32 AM logoNucor: S&P 500’s Top Gainer on October 11 - October 12 at 6:04 PM logoCommercial Metals (CMC) Surges: Stock Moves 6.9% Higher - October 12 at 6:04 PM logoAnalyzing Commercial Metals (CMC) & The Competition - October 12 at 12:56 PM logoHow a scandal involving a Japanese steel company affects DFW - Dallas Business Journal - October 11 at 11:50 PM logoCommercial Metals (CMC) Potential Deal for Gerdau Rebar Seen as 'Game Changer' - - October 11 at 11:50 PM logoSteel stocks surge as takeover deal takes shape - October 11 at 6:50 PM logoWhat Analysts Project for CMC’s Fiscal 4Q17 Earnings - October 11 at 6:50 PM logoThe Hot Stock: Nucor Gains 3.6% - October 11 at 6:50 PM logo$0.23 Earnings Per Share Expected for Commercial Metals Company (CMC) This Quarter - October 11 at 2:08 AM logoTop Analyst Stays Very Bullish on Steel Stocks: 5 to Buy Now - October 10 at 6:27 PM logoContrasting Mechel PAO (MTL) & Commercial Metals (CMC) - October 8 at 4:24 PM logoHead to Head Comparison: Commercial Metals (CMC) & Nucor Corporation (NUE) - October 6 at 6:28 PM logoCritical Contrast: Steel Dynamics (STLD) versus Commercial Metals (CMC) - October 4 at 10:26 PM logoWhat Analysts Recommend for Commercial Metals Company - October 4 at 12:04 PM logoKeyCorp Comments on Commercial Metals Company's FY2018 Earnings (CMC) - October 2 at 8:46 AM logoGeneral Dynamics, Raytheon, Commercial Metals: 'Mad Money' Lightning Round - - September 29 at 9:20 PM logoCommercial Metals Company Announces Fourth Quarter Fiscal 2017 Conference Call Webcast Details - PR Newswire (press release) - September 28 at 8:48 AM logo$1.23 Billion in Sales Expected for Commercial Metals Company (CMC) This Quarter - September 24 at 3:44 AM logoExclusive: Behind the growth strategy of Commercial Metals' new CEO, and how she got there - Dallas Business Journal - September 23 at 2:21 AM logoCommercial Metals Company (CMC) Expected to Post Earnings of $0.23 Per Share - September 22 at 12:14 PM logoCielo Advances Construction of Garbage to High Grade Renewable Diesel Refinery by Closing $883,236 in Third Tranche of Private Placement - September 22 at 9:54 AM logoExclusive: Behind the growth strategy of Commercial Metals' new CEO, and how she got there - September 21 at 5:13 PM logoIs the US Steel Market Getting Dislocated? - September 21 at 5:13 PM logoCritical Review: Commercial Metals (CMC) vs. Its Peers - September 21 at 6:28 AM logoCommercial Metals Has Cash, But Can The Company Leverage It For Growth? - Seeking Alpha - September 20 at 6:06 PM logoCommercial Metals Company (CMC) Given Consensus Rating of "Hold" by Brokerages - September 20 at 9:24 AM logoCielo Announces $3.5 Million Term Sheet to Fund the Construction of its 1st Commercial Plant and Provides an Operational Update - September 18 at 5:19 PM logoCommercial Metals Company (CMC) Stock Rating Reaffirmed by Citigroup Inc. - September 15 at 11:46 AM logoNucor downgraded at Morgan Stanley as Citi upgrades - September 14 at 6:01 PM logoCommercial Metals Company (CMC) Now Covered by Macquarie - September 10 at 5:16 PM logoCommercial Metals (CMC) Offers Update Regarding Exit of International Marketing, Distribution Segment - - September 9 at 3:44 AM logoCommercial Metals (CMC) Offers Update Regarding Exit of International Marketing, Distribution Segment - September 8 at 5:41 PM logoBRIEF-Commercial Metals Company provides update regarding exit of international marketing and distribution segment - September 8 at 5:41 PM logoCommercial Metals Company Provides Update Regarding Exit of International Marketing and Distribution Segment - September 8 at 5:41 PM logoComparing Commercial Metals (CMC) & Cliffs Natural Resources (CLF) - September 7 at 10:03 AM logoBank of America Corporation Reaffirms "Hold" Rating for Commercial Metals Company (CMC) - September 5 at 1:32 PM logoCritical Review: Commercial Metals (CMC) versus Cliffs Natural Resources (CLF) - September 2 at 6:08 AM logoU.S. acts to finalize duties on imports of rebar from Taiwan - August 31 at 5:11 PM logoCommercial Metals Co. breached its 50 day moving average in a Bullish Manner : CMC-US : August 31, 2017 - August 31 at 5:11 PM logoCielo Accelerates Construction Of First Garbage To High Grade Renewable Diesel Refinery With $550,000 Second Tranche Closing - August 31 at 5:11 PM logoCommercial Metals Company Announces Completion of Sale of CMC Cometals Division - August 31 at 5:11 PM logoAuto, Construction Sectors: Pillars of the Steel Industry - Nasdaq - August 30 at 10:30 PM logoCommercial Metals Company (CMC) Given Consensus Recommendation of "Hold" by Analysts - August 26 at 9:26 AM logoKeyCorp Analysts Lift Earnings Estimates for Commercial Metals Company (CMC) - August 21 at 5:32 AM logoCommercial Metals Co. : CMC-US: Dividend Analysis : July 06th, 2017 (record date) : By the numbers : August 18, 2017 - August 18 at 5:20 PM



Commercial Metals Company (CMC) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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