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

$18.74
+0.09 (+0.48 %)
(As of 10/20/2019 03:40 PM ET)
Today's Range
$18.55
Now: $18.74
$19.07
50-Day Range
$15.13
MA: $17.48
$19.68
52-Week Range
$13.27
Now: $18.74
$21.05
Volume1.18 million shs
Average Volume1.63 million shs
Market Capitalization$2.21 billion
P/E Ratio12.58
Dividend Yield2.57%
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$2.64 per share
Book Value$12.76 per share

Profitability

Net Income$138.50 million

Miscellaneous

Employees8,900
Market Cap$2.21 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. Shareholders of record on Friday, July 5th will be given a dividend of $0.12 per share on Thursday, July 18th. This represents a $0.48 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date is Wednesday, July 3rd. View Commercial Metals' Dividend History.

How were Commercial Metals' earnings last quarter?

Commercial Metals (NYSE:CMC) issued its quarterly earnings results on Thursday, June, 20th. The basic materials company reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.63 by $0.04. The basic materials company had revenue of $1.61 billion for the quarter, compared to analysts' expectations of $1.60 billion. Commercial Metals had a return on equity of 14.34% and a net margin of 2.92%. The company's quarterly revenue was up 33.3% on a year-over-year basis. During the same period in the previous year, the business 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.

How can I listen to Commercial Metals' earnings call?

Commercial Metals will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CMC?

9 equities research analysts have issued 12 month price targets 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 3.3% 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?

News stories about CMC stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Commercial Metals earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Commercial Metals.

Are investors shorting Commercial Metals?

Commercial Metals saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 9,460,000 shares, a decline 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 presently 7.1 days. Currently, 8.1% of the shares of the company 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), Cisco Systems (CSCO), AbbVie (ABBV), Delta Air Lines (DAL), 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 Envestnet Asset Management Inc. (0.12%), Zeke Capital Advisors LLC (0.05%), Bowling Portfolio Management LLC (0.05%), Pacer Advisors Inc. (0.04%), Meeder Asset Management Inc. (0.03%) and Alpha Windward LLC (0.02%). 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 major 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 and Alpha Windward LLC. 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 Bowling Portfolio Management LLC, Pacer Advisors Inc., State of Alaska Department of Revenue, Cerebellum GP LLC, Cerebellum GP LLC, Zeke Capital Advisors LLC, Envestnet Asset Management Inc. and Campbell & CO Investment Adviser 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 $18.74.

How big of a company is Commercial Metals?

Commercial Metals has a market capitalization of $2.21 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:  268 (Vote Outperform)
Underperform Votes:  424 (Vote Underperform)
Total Votes:  692
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 10/20/2019 by MarketBeat.com Staff

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