Commercial Metals (CMC)
NYSE:CMC
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CMC Stock Chart & Stats
$66.17
-$1.07(-2.19%)
At close: 4:00 PM EST
$66.17
-$1.07(-2.19%)
Day’s Range― - ―
52-Week Range$47.06 - $84.87
Previous CloseN/A
Volume359.48K
Average Volume (3M)987.82K
Market Cap
$8.62B
Enterprise Value$11.30B
Total Cash (Recent Filing)$495.04M
Total Debt (Recent Filing)$3.36B
Price to Earnings (P/E)17.1
Beta1.33
Next Earnings
Jun 25, 2026EPS Estimate
1.72Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)4.53
Shares Outstanding110,887,380
10 Day Avg. Volume1,122,437
30 Day Avg. Volume987,815
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)1.55
Price to Sales (P/S)0.84
P/FCF Ratio20.87
Enterprise Value/Market Cap1.31
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit7.60
Enterprise Value/Ebitda12.53
Forecast
1Y Price Target
$80.56Price Target Upside21.74% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
EPS Forecast (FY)6.35
Revenue Forecast (FY)$9.13B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash FlowSustained operating cash flow (~$840M TTM) and robust free cash flow (~$394M) provide durable internal funding for capex, dividend increases, and deleveraging. This cash-generation capacity supports strategic investments (micromill, precast) and cushions cyclical revenue swings over months.
Precast Acquisition Expands Growth BaseThe CP&P/Foley precast acquisition materially diversifies revenue mix into construction solutions, adding predictable project-driven EBITDA ($165–$175M guide). This reduces sole dependence on long-steel cycles, contributes free cash flow to accelerate deleveraging, and creates cross-sell and scale opportunities.
Operational Program Driving Margin GainsThe enterprise TAG program (Transform, Advance, Grow) aims for sustainable $150M+ annualized EBITDA improvements via operational efficiencies and commercial pricing. Structural cost and productivity gains improve margin resilience across cycles and support long-term cash flow and competitive position.
Bears Say
Higher LeverageA material step-up in leverage reduces financial flexibility and raises interest-rate and refinancing sensitivity in a cyclical industry. Until the stated ≤2.0x net-leverage target is achieved, higher debt can constrain buybacks, limit opportunistic investments, and increase downside risk if cyclicality weakens demand.
Europe Import And Energy PressureElevated import flows and weak shipments in Europe, coupled with higher gas-derived electricity costs, create structural margin pressure and fixed-cost underutilization. Persistent import competition and energy exposure could depress regional profitability and require trade or operational responses over several quarters.
Acquisition Accounting & Integration CostsNon-cash amortization and acquisition-related charges materially compress GAAP earnings versus core EBITDA for multiple quarters. This reduces reported income, can affect leverage calculations and investor perception, and limits near-term flexibility for buybacks despite strong underlying cash generation.
Commercial Metals Company News
CMC FAQ
What was Commercial Metals’s price range in the past 12 months?
Commercial Metals lowest stock price was $47.06 and its highest was $84.87 in the past 12 months.
What is Commercial Metals’s market cap?
Commercial Metals’s market cap is $8.62B.
When is Commercial Metals’s upcoming earnings report date?
Commercial Metals’s upcoming earnings report date is Jun 25, 2026 which is in 12 days.
How were Commercial Metals’s earnings last quarter?
Commercial Metals released its earnings results on Mar 26, 2026. The company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.279 by -$0.119.
Is Commercial Metals overvalued?
According to Wall Street analysts Commercial Metals’s price is currently Undervalued.
Does Commercial Metals pay dividends?
Commercial Metals pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.02%. See more information on Commercial Metals dividends here
What is Commercial Metals’s EPS estimate?
Commercial Metals’s EPS estimate is 1.72.
How many shares outstanding does Commercial Metals have?
Commercial Metals has 110,887,380 shares outstanding.
What happened to Commercial Metals’s price movement after its last earnings report?
Commercial Metals reported an EPS of $1.16 in its last earnings report, missing expectations of $1.279. Following the earnings report the stock price went down -4.694%.
Which hedge fund is a major shareholder of Commercial Metals?
Currently, no hedge funds are holding shares in CMC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Commercial Metals Company Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$80.56 (21.74% Upside)
$80.56 (21.74% Upside)
Blogger Sentiment
Bullish
CMC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 17.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.03%
12-Months-Change
Fundamentals
Return on Equity
11.88%
Trailing 12-Months
Asset Growth
42.93%
Trailing 12-Months
Company Description
Commercial Metals
Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals. These raw materials are supplied to a diverse clientele, including steel mills, foundries, aluminum sheet and ingot producers, brass and bronze ingot makers, copper refineries, secondary lead smelters, specialty steel manufacturers, and high-temperature alloy fabricators. Commercial Metals Company manufactures and distributes a comprehensive range of finished long steel products. These encompass reinforcing bars (rebar), merchant bars, light structural sections, and various other specialized profiles. It also provides semi-finished billets intended for re-rolling and forging applications. Specializing in custom-fabricated steel products, the company's offerings are primarily utilized for concrete reinforcement. Such products are integral to the construction of a wide array of structures, from commercial and residential buildings, healthcare facilities, and convention centers to industrial and power plants, highways, bridges, and expansive public venues like arenas, stadiums, and dams. Beyond its fabrication activities, CMC supplies construction-related equipment and products, both for sale and rent, catering to concrete installers and other commercial enterprises. Additionally, the firm produces niche items such as robust strength bars for the truck trailer industry, specialized bar steels engineered for the energy market, and armor plates designated for military vehicles. These diverse metal solutions, including various rebar forms, merchant bars, wire rods, fabricated meshes, and pre-assembled rebar cages, reach a broad customer base encompassing fabricators, manufacturers, distributors, and construction firms. Founded in 1915, Commercial Metals Company maintains its corporate headquarters in Irving, Texas.
CMC Company Deck
CMC Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call conveyed a predominantly positive message: materially higher consolidated core EBITDA (up 114% YoY), strong contributions and promising outlook from the newly acquired precast platform, solid North America margins and meaningful TAG-driven improvements. The company also demonstrated healthy liquidity and progress toward deleveraging while increasing the dividend. Short-term headwinds include weather-related production disruption, acquisition-related purchase accounting amortization that will compress GAAP income versus core EBITDA for several quarters, European import-related disruption and some maintenance/energy cost pressures. On balance, the positive operational momentum, acquisition upside and financial strength outweigh the near-term challenges.View all CMC earnings summariesCMC Stock 12 Month Forecast
Average Price Target
$80.56
▲(21.74% Upside)
Technical Analysis
Cleveland-Cliffs
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Ownership Overview
0.81% Insiders
35.94% Mutual Funds
14.39% Other Institutional Investors
15.57% Public Companies and
Individual Investors