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

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$21.08 -0.48 (-2.23 %)
(As of 09/21/2018 08:26 AM ET)
Previous Close$21.56
Today's Range$20.97 - $21.90
52-Week Range$17.58 - $26.72
Volume1.30 million shs
Average Volume947,519 shs
Market Capitalization$2.52 billion
P/E Ratio34.00
Dividend Yield2.23%
Beta1.36
Commercial Metals logoCommercial 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
SymbolNYSE:CMC
CUSIP20172310
Phone214-689-4300

Debt

Debt-to-Equity Ratio0.78
Current Ratio3.90
Quick Ratio2.73

Price-To-Earnings

Trailing P/E Ratio34.00
Forward P/E Ratio14.05
P/E GrowthN/A

Sales & Book Value

Annual Sales$4.57 billion
Price / Sales0.54
Cash Flow$1.5708 per share
Price / Cash13.42
Book Value$12.10 per share
Price / Book1.74

Profitability

EPS (Most Recent Fiscal Year)$0.62
Net Income$46.33 million
Net Margins1.21%
Return on Equity8.65%
Return on Assets4.13%

Miscellaneous

Employees8,797
Outstanding Shares117,010,000
Market Cap$2.52 billion

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 announced a quarterly dividend on Wednesday, June 20th. Investors of record on Thursday, July 5th will be given a dividend of $0.12 per share on Thursday, July 19th. This represents a $0.48 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Tuesday, July 3rd. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its earnings results on Thursday, June, 21st. The basic materials company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.42 by $0.01. The basic materials company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.27 billion. Commercial Metals had a net margin of 1.21% and a return on equity of 8.65%. Commercial Metals's revenue was up 15.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 earnings per share. View Commercial Metals' Earnings History.

When is Commercial Metals' next earnings date?

Commercial Metals is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Commercial Metals.

What price target have analysts set for CMC?

8 analysts have issued 12 month price objectives for Commercial Metals' shares. Their forecasts range from $24.00 to $27.00. On average, they anticipate Commercial Metals' stock price to reach $24.7143 in the next year. This suggests a possible upside of 17.2% from the stock's current price. View Analyst Price Targets for Commercial Metals.

What is the consensus analysts' recommendation for Commercial Metals?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commercial Metals in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commercial Metals.

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)

Has Commercial Metals been receiving favorable news coverage?

Headlines about CMC stock have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Commercial Metals earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned press coverage about the basic materials company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Commercial Metals.

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. (11.03%), Dimensional Fund Advisors LP (8.33%), Fuller & Thaler Asset Management Inc. (3.63%), FMR LLC (2.79%), Northern Trust Corp (2.46%) and Bank of New York Mellon Corp (2.10%). Company insiders that own Commercial Metals stock include Adam B Batchelor, Adam R Hickey, Anthony A Massaro, 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 Systematic Financial Management LP, Janus Henderson Group PLC, Bank of New York Mellon Corp, Bank of New York Mellon Corp, Royce & Associates LP, Paloma Partners Management Co, BNP Paribas Arbitrage SA and Sei Investments Co.. 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Advisors Asset Management Inc., BlackRock Inc., Fuller & Thaler Asset Management Inc., Russell Investments Group Ltd., Point72 Asset Management L.P., Luminus Management LLC and Bank of America Corp DE. 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 $21.08.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $2.52 billion and generates $4.57 billion in revenue each year. The basic materials company earns $46.33 million in net income (profit) each year or $0.62 on an earnings per share basis. Commercial Metals employs 8,797 workers across the globe.

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:  220 (Vote Outperform)
Underperform Votes:  360 (Vote Underperform)
Total Votes:  580
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 9/21/2018 by MarketBeat.com Staff

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