Core & Main (CNM) Stock Price, News & Analysis

Company Overview

Core & Main, Inc. (NYSE: CNM) is a specialized distributor of water, wastewater, storm drainage and fire protection products in the United States. The company supplies infrastructure materials used in the construction, maintenance and repair of public and private utility systems.

Its product offerings include ductile iron and PVC pipe, valves, hydrants, water meters, storm drainage systems, pipe fittings, fire protection equipment and related products. Core & Main also provides services such as product sourcing, technical support, fabrication, field assistance and inventory management to help customers complete infrastructure projects.

Core & Main serves municipalities, utility contractors, water and wastewater authorities, private water companies, civil and site-development contractors, and other industrial customers through a nationwide distribution network. The company traces its operations to HD Supply Waterworks, which was acquired by Clayton, Dubilier & Rice in 2017 and subsequently operated under the Core & Main name. Core & Main became a publicly traded company in 2021.

Key Stats

• Today's Range: $42.34 to $43.15
• 50-Day Range: $40.50 to $46.67
• 52-Week Range: $40.03 to $59.66
• Volume: 2.61 million shs
• Average Volume: 2.41 million shs
• Market Capitalization: $8.14 billion
• P/E Ratio: 17.58
• Dividend Yield: N/A
• Price Target: $55.64
• Consensus Rating: Moderate Buy

Core & Main Stock Analysis - MarketRank™

Core & Main scored higher than 85% of companies evaluated by MarketBeat, and ranked 188th out of 655 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Core & Main has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 8 buy ratings, 5 hold ratings, and 1 sell rating.

Upside Potential

Core & Main has a consensus price target of $55.64, representing about 30.3% upside from its current price of $42.71.

Amount of Analyst Coverage

Core & Main has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.00%

Earnings Growth

Earnings for Core & Main are expected to grow by 8.00% in the coming year, from $3.00 to $3.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Core & Main is 17.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Core & Main is 17.58, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.59.

Price to Earnings Growth Ratio

Core & Main has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Core & Main has a P/B Ratio of 3.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.90% of the float of Core & Main has been sold short.

Short Interest Ratio / Days to Cover

Core & Main has a short interest ratio ("days to cover") of 5.85.

Change versus previous month

Short interest in Core & Main has recently increased by 4.55%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Core & Main does not currently pay a dividend.

Dividend Growth

Core & Main does not have a long track record of dividend growth.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.20

News Sentiment

Core & Main has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Core & Main this week, compared to 3 articles on an average week.

Search Interest

Only 6 people have searched for CNM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added Core & Main to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net $95,103.00 in company stock, which represents 0.0012% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Core & Main insiders have bought more of their company's stock than they have sold. Specifically, they have bought $95,103.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.51% of the stock of Core & Main is held by insiders.

Percentage Held by Institutions

94.19% of the stock of Core & Main is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 9/09/2026
• Today: 9/23/2026
• Next Earnings (Estimated): 12/08/2026
• Fiscal Year End: 1/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Trading Companies & Distributors
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:CNM
• CIK: 1856525
• Web: www.coreandmain.com
• Phone: 314-432-4700
• Fax: N/A
• Employees: 5,600
• Year Founded: 2017

Price Target and Rating

• Average Price Target for Core & Main: $55.64
• High Price Target: $65.00
• Low Price Target: $45.00
• Potential Upside/Downside: +30.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.43
• Trailing P/E Ratio: 17.58
• Forward P/E Ratio: 14.24
• P/E Growth: 1.8
• Net Income: $441 million
• Net Margins: 5.96%
• Pretax Margin: 8.15%
• Return on Equity: 25.98%
• Return on Assets: 8.53%

Debt

• Debt-to-Equity Ratio: 1.16
• Current Ratio: 2.47
• Quick Ratio: 1.51

Sales & Book Value

• Annual Sales: $7.65 billion
• Price / Sales: 1.06
• Cash Flow: $3.80 per share
• Price / Cash Flow: 11.23
• Book Value: $11.05 per share
• Price / Book: 3.87

Miscellaneous

• Outstanding Shares: 190,490,000
• Free Float: 187,618,000
• Market Cap: $8.14 billion
• Optionable: Optionable
• Beta: 0.91