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

$15.25
+0.13 (+0.86 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$14.86
Now: $15.25
$15.44
50-Day Range
$13.35
MA: $15.55
$17.69
52-Week Range
$13.27
Now: $15.25
$24.14
Volume1.69 million shs
Average Volume1.45 million shs
Market Capitalization$1.80 billion
P/E Ratio10.23
Dividend Yield3.17%
Beta1.47
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$2.6522 per share
Book Value$12.76 per share

Profitability

Net Income$138.50 million

Miscellaneous

Employees8,900
Market Cap$1.80 billion
Next Earnings Date6/20/2019 (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 declared a quarterly dividend on Wednesday, March 20th. Stockholders of record on Friday, April 5th will be paid a dividend of $0.12 per share on Thursday, April 18th. This represents a $0.48 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Thursday, April 4th. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its earnings results on Thursday, March, 21st. The basic materials company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.04. The basic materials company earned $1.40 billion during the quarter, compared to analyst estimates of $1.46 billion. Commercial Metals had a return on equity of 12.49% and a net margin of 2.41%. The firm's revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 EPS. 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, June 20th 2019. View Earnings Estimates for Commercial Metals.

How can I listen to Commercial Metals' earnings call?

Commercial Metals will be holding an earnings conference call on Thursday, June 20th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for CMC?

8 brokerages have issued 1 year target prices for Commercial Metals' stock. Their forecasts range from $16.00 to $25.00. On average, they anticipate Commercial Metals' share price to reach $19.2338 in the next twelve months. This suggests a possible upside of 26.1% 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.

Has Commercial Metals been receiving favorable news coverage?

Media coverage about CMC stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Commercial Metals earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Commercial Metals.

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), Starbucks (SBUX), Cisco Systems (CSCO), Micron Technology (MU), AbbVie (ABBV), Alibaba Group (BABA), Bank of America (BAC), Caterpillar (CAT), Delta Air Lines (DAL) and General Electric (GE).

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 institutional and retail investors. Top institutional shareholders include Deprince Race & Zollo Inc. (2.16%), Hodges Capital Management Inc. (1.86%), Janus Henderson Group PLC (1.19%), FMR LLC (1.09%), Systematic Financial Management LP (0.94%) and Citigroup Inc. (0.93%). Company insiders that own Commercial Metals stock include Adam R Hickey, Mary A Lindsey, 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 FMR LLC, Systematic Financial Management LP, Janus Henderson Group PLC, Parametric Portfolio Associates LLC, Bank of Montreal Can, Royce & Associates LP, ClariVest Asset Management LLC and Nordea Investment Management AB. View Insider Buying and Selling for Commercial Metals.

Which major investors are buying Commercial Metals stock?

CMC stock was purchased by a variety of institutional investors in the last quarter, including Citigroup Inc., Clearbridge Investments LLC, Deprince Race & Zollo Inc., Dean Investment Associates LLC, State of Wisconsin Investment Board, First Dallas Securities Inc., South Dakota Investment Council and Penn Capital Management Co. Inc.. Company insiders that have bought Commercial Metals stock in the last two years include Mary A Lindsey and Melvin Ross Angeltvedt. 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 $15.25.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $1.80 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:  253 (Vote Outperform)
Underperform Votes:  401 (Vote Underperform)
Total Votes:  654
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 6/17/2019 by MarketBeat.com Staff

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