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Commercial Metals Stock Price, News & Analysis (NYSE:CMC)

$19.12
+0.22 (+1.16 %)
(As of 10/23/2019 04:00 PM ET)
Today's Range
$17.71
Now: $19.12
$19.24
50-Day Range
$15.13
MA: $17.79
$19.68
52-Week Range
$13.27
Now: $19.12
$21.05
Volume3.29 million shs
Average Volume1.49 million shs
Market Capitalization$2.25 billion
P/E Ratio12.83
Dividend Yield2.60%
Beta1.76
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 four segments: Americas Recycling, Americas Mills, Americas Fabrication, and International Mill. 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. Read More…

Industry, Sector and Symbol

Industry Blast furnaces & steel mills
Sub-IndustrySteel
SectorBasic Materials
CUSIP20172310
Phone214-689-4300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.64 billion
Cash Flow$2.72 per share
Book Value$12.76 per share

Profitability

Net Income$138.50 million

Miscellaneous

Employees8,900
Market Cap$2.25 billion
Next Earnings Date10/23/2019 (Confirmed)
OptionableOptionable

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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 Tuesday, June 18th. Investors of record on Friday, July 5th will be paid a dividend of $0.12 per share on Thursday, July 18th. This represents a $0.48 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Wednesday, July 3rd. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) released its quarterly earnings results on Thursday, June, 20th. The basic materials company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.04. The basic materials company earned $1.61 billion during the quarter, compared to analyst estimates of $1.60 billion. Commercial Metals had a net margin of 2.92% and a return on equity of 14.34%. Commercial Metals's quarterly revenue was up 33.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 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 Wednesday, October 23rd 2019. View Earnings Estimates for Commercial Metals.

What price target have analysts set for CMC?

9 brokerages have issued 1-year price objectives for Commercial Metals' shares. Their forecasts range from $16.00 to $25.00. On average, they anticipate Commercial Metals' stock price to reach $19.36 in the next twelve months. This suggests a possible upside of 1.2% 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, 5 hold ratings and 3 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?

Media coverage about CMC stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 1.8 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Commercial Metals.

Are investors shorting Commercial Metals?

Commercial Metals saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 9,460,000 shares, a drop of 5.8% from the August 30th total of 10,040,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is currently 7.1 days. Approximately 8.1% of the shares of the stock are sold short. View Commercial Metals' Current Options Chain.

Who are some of Commercial Metals' key competitors?

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 Verizon Communications (VZ), Alibaba Group (BABA), Starbucks (SBUX), Caterpillar (CAT), Delta Air Lines (DAL), Cisco Systems (CSCO), AbbVie (ABBV), General Electric (GE), Southwest Airlines (LUV) and Gilead Sciences (GILD).

Who are Commercial Metals' key executives?

Commercial Metals' management team includes the folowing people:
  • Ms. Barbara R. Smith CPA, Chairman, Pres & CEO (Age 60)
  • Ms. Mary A. Lindsey, Sr. VP & CFO (Age 64)
  • Mr. Tracy L. Porter, Exec. VP & COO (Age 62)
  • Mr. Paul K. Kirkpatrick, VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Paul J. Lawrence, VP of Fin. (Age 49)

Who are Commercial Metals' major shareholders?

Commercial Metals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Rhumbline Advisers (0.32%), Envestnet Asset Management Inc. (0.12%), State of New Jersey Common Pension Fund D (0.11%), Zeke Capital Advisors LLC (0.05%), Bowling Portfolio Management LLC (0.05%) and Pacer Advisors Inc. (0.04%). Company insiders that own Commercial Metals stock include Adam R Hickey, Mary A Lindsey 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 SignalPoint Asset Management LLC, Meeder Asset Management Inc., Nisa Investment Advisors LLC, Alpha Windward LLC and State of Michigan Retirement System. View Insider Buying and Selling for Commercial Metals.

Which institutional investors are buying Commercial Metals stock?

CMC stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Bowling Portfolio Management LLC, Pacer Advisors Inc., State of Alaska Department of Revenue, Rhumbline Advisers, Cerebellum GP LLC, Cerebellum GP LLC and Zeke Capital Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Commercial Metals' stock price today?

One share of CMC stock can currently be purchased for approximately $19.12.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $2.25 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.View Additional Information About Commercial Metals.

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:  270 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  695
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 10/23/2019 by MarketBeat.com Staff

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