S&P 500   4,080.11
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A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
A $226B Copper Spending Jackpot (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
A $226B Copper Spending Jackpot (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
A $226B Copper Spending Jackpot (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
A $226B Copper Spending Jackpot (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
NYSE:CNM

Core & Main - CNM Stock Forecast, Price & News

$20.80
+0.30 (+1.46%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$20.10
$20.80
50-Day Range
$19.99
$23.91
52-Week Range
$19.85
$32.54
Volume
898,349 shs
Average Volume
654,114 shs
Market Capitalization
$5.11 billion
P/E Ratio
11.30
Dividend Yield
N/A
Price Target
$29.44

Core & Main MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
41.6% Upside
$29.44 Price Target
Short Interest
Bearish
11.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.50mentions of Core & Main in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$259.32 M Sold Last Quarter
Proj. Earnings Growth
-7.22%
From $1.94 to $1.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Business Services Sector

95th out of 331 stocks

Durable Goods, Not Elsewhere Classified Industry

1st out of 1 stocks

CNM stock logo

About Core & Main (NYSE:CNM) Stock

Core & Main, Inc. distributes water, wastewater, storm drainage, and fire protection products and related services to municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets in the United States. Its products include pipes, valves, hydrants, fittings, and other products and services; storm drainage products, such as corrugated piping systems, retention basins, inline drains, manholes, grates, geosynthetics, and other related products; fire protection products, including fire protection pipes, sprinkler heads and other devices, fire suppression systems, and related accessories, as well as fabrication services; and meter products, such as smart meter products, installation, software and other services. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure. Core & Main, Inc. was founded in 1874 and is headquartered in St. Louis, Missouri.

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CNM Stock News Headlines

Core & Main to Announce Fiscal 2022 Third Quarter Results
Core & Main (CNM) Upgraded to Strong Buy: Here's Why
Core & Main to acquire Georgia waterworks supplier
40 Under 40 Awards 2022: Robyn Bradbury, Core & Main
Core & Main Completes Acquisition of Distributors, Inc.
Core & Main Signs Agreement to Acquire Distributors, Inc.
Core & Main Announces Secondary Offering
Core & Main (CNM) Q2 Earnings and Revenues Beat Estimates
Core & Main Boosts FY22 Outlook As Q2 Results Top Estimates
A Preview Of Core & Main's Earnings
Core & Main (CNM) Shares Cross Above 200 DMA
See More Headlines
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CNM Company Calendar

Last Earnings
9/13/2022
Today
12/01/2022
Next Earnings (Estimated)
12/06/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.44
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+41.6%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Net Income
$166 million
Pretax Margin
10.10%

Debt

Sales & Book Value

Annual Sales
$5.00 billion
Cash Flow
$1.59 per share
Book Value
$7.45 per share

Miscellaneous

Free Float
242,945,000
Market Cap
$5.11 billion
Optionable
Not Optionable
Beta
0.90

Key Executives

  • Mr. Stephen O. LeClair (Age 53)
    CEO & Director
    Comp: $2.29M
  • Mr. John R. Schaller (Age 66)
    Pres
    Comp: $983.54k
  • Mr. Bradford A. Cowles (Age 51)
    Pres
    Comp: $866.79k
  • Mr. Mark R. Witkowski (Age 47)
    Chief Financial Officer
    Comp: $1.12M
  • Mr. Mark G. Whittenburg (Age 55)
    Gen. Counsel & Sec.
    Comp: $944.28k
  • Ms. Carrie Busbee
    Chief Information Officer
  • Ms. Robyn Bradbury
    VP of Financial Planning, Analysis & Investor Relations
  • Jennifer Noonan
    Director of Marketing & Communications
  • Mr. Jeffrey D. GilesMr. Jeffrey D. Giles
    VP of Corp. Devel.
  • Ms. Yvonne Bland
    VP of Sales & Bus. Devel.













CNM Stock - Frequently Asked Questions

Should I buy or sell Core & Main stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Core & Main in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CNM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNM, but not buy additional shares or sell existing shares.
View CNM analyst ratings
or view top-rated stocks.

What is Core & Main's stock price forecast for 2023?

9 brokers have issued 12 month price objectives for Core & Main's stock. Their CNM share price forecasts range from $25.00 to $37.00. On average, they anticipate the company's share price to reach $29.44 in the next twelve months. This suggests a possible upside of 41.6% from the stock's current price.
View analysts price targets for CNM
or view top-rated stocks among Wall Street analysts.

How have CNM shares performed in 2022?

Core & Main's stock was trading at $30.34 on January 1st, 2022. Since then, CNM stock has decreased by 31.4% and is now trading at $20.80.
View the best growth stocks for 2022 here
.

Are investors shorting Core & Main?

Core & Main saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 8,220,000 shares, an increase of 20.2% from the October 31st total of 6,840,000 shares. Based on an average daily trading volume, of 843,500 shares, the short-interest ratio is presently 9.7 days. Approximately 11.5% of the company's shares are short sold.
View Core & Main's Short Interest
.

When is Core & Main's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 6th 2022.
View our CNM earnings forecast
.

How were Core & Main's earnings last quarter?

Core & Main, Inc. (NYSE:CNM) posted its earnings results on Tuesday, September, 13th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.53 by $0.36. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.65 billion. Core & Main had a trailing twelve-month return on equity of 23.39% and a net margin of 5.13%. The business's quarterly revenue was up 43.4% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share.

When did Core & Main IPO?

(CNM) raised $750 million in an IPO on Friday, July 23rd 2021. The company issued 34,883,721 shares at $20.00-$23.00 per share.

What is Core & Main's stock symbol?

Core & Main trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNM."

Who are Core & Main's major shareholders?

Core & Main's stock is owned by a variety of institutional and retail investors. Top institutional investors include Clayton Dubilier & Rice LLC (65.39%), Vanguard Group Inc. (2.50%), Pictet Asset Management SA (1.42%), Victory Capital Management Inc. (1.32%), The Manufacturers Life Insurance Company (1.26%) and Eaton Vance Management (1.06%). Insiders that own company stock include Cd&R Investment Associates X,, Jeffrey D Giles, Laura K Schneider, Mark G Whittenburg and Stephen O Leclair.
View institutional ownership trends
.

How do I buy shares of Core & Main?

Shares of CNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Core & Main's stock price today?

One share of CNM stock can currently be purchased for approximately $20.80.

How much money does Core & Main make?

Core & Main (NYSE:CNM) has a market capitalization of $5.11 billion and generates $5.00 billion in revenue each year. The company earns $166 million in net income (profit) each year or $1.84 on an earnings per share basis.

How many employees does Core & Main have?

The company employs 4,100 workers across the globe.

How can I contact Core & Main?

The official website for the company is www.coreandmain.com. The company can be reached via phone at 314-432-4700 or via email at investorrelations@coreandmain.com.

This page (NYSE:CNM) was last updated on 12/1/2022 by MarketBeat.com Staff