Commercial Metals (CMC) News Today

Commercial Metals Company (NYSE: CMC) shares were higher as investors absorbed a maintained dividend and modestly improved earnings expectations from Zacks Research.

• Positive Sentiment: CMC declared a quarterly dividend of $0.20 per share, payable November 11 to shareholders of record on October 28. The payment represents an annualized dividend of $0.80 and a yield of approximately 1.2%. It is the company’s 248th consecutive quarterly dividend, reinforcing its shareholder-return track record. CMC Announces Quarterly Dividend of $0.20 Per Share
• Positive Sentiment: Zacks Research raised its EPS forecasts across several periods, including fiscal 2026 to $6.66 from $6.64, fiscal 2027 to $7.21 from $7.18, and fiscal 2028 to $7.39 from $7.36. Quarterly estimates were also increased, including fourth-quarter fiscal 2026 EPS to $1.93 from $1.91. These revisions suggest slightly better expected profitability. Commercial Metals analyst estimates
• Neutral Sentiment: Despite the improved forecasts, Zacks maintained a Hold rating on Commercial Metals. The small size of the estimate increases indicates a limited near-term earnings catalyst rather than a major change in the company’s outlook.