Commercial Metals/CMC

$55.28

-1.05%
-
1D1W1MYTD1YMAX

About Commercial Metals

Commercial Metals Company is engaged in offering products and technologies for the global construction sector through manufacturing network principally located in the United States and Central Europe. The Company’s solutions support construction across a variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. Its segments include North America and Europe. The North America segment provides a diverse offering of products and solutions to support the construction sector composed primarily of a vertically integrated network of recycling facilities, steel mills and fabrication operations. The Company’s 43 scrap metal recycling facilities, primarily located in the southeast and central United States process ferrous and nonferrous scrap metals. The Europe segment is composed primarily of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland.

Ticker

CMC

Sector

Basic Materials

Trading on

NYSE

Industry

Constr. - Supplies & Fixtures

CEO

Barbara Smith

Employees

13,022

Headquarters

Irving, United States

CMC Metrics

BasicAdvanced
$6.46B
Market cap
9.71
P/E ratio
$5.75
EPS
1.33
Beta
$0.64
Dividend rate
1.29%
Dividend yield
$6.46B
1.329
$59.81
$39.85
965.38K
$0.64
4.194
2.685
26.672
27.515
10.99%
18.333
22.96%
10.35%
16.99%
12.02%
9.709
0.769
1.535
1.799
11.103
1.59%
1.15%
1.29%
-8.32%
-33.49%
17.13%
46.34%
10.06%

What the Analysts think about CMC

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 6 analysts.
18.49% upside
High $74.00
Low $60.00
$55.28
Current price
$65.50
Average price target

CMC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.64% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$1.85B
-7.73%
Net income
$85.8M
-51.31%
Profit margin
4.64%
-47.21%

CMC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.03%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$2.02
$1.69
$1.63
$0.88
-
Expected
$1.76
$1.79
$1.45
$0.75
$1.18
Surprise
14.81%
-5.32%
12.38%
18.03%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Commercial Metals stock?

Commercial Metals (CMC) has a market cap of $6.46B as of April 19, 2024.

What is the P/E ratio for Commercial Metals stock?

The price to earnings (P/E) ratio for Commercial Metals (CMC) stock is 9.71 as of April 19, 2024.

Does Commercial Metals stock pay dividends?

Yes, the Commercial Metals (CMC) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.64 and the yield is 1.29%. Commercial Metals has a payout ratio of 10.99% on a trailing twelve-month basis.

When is the next Commercial Metals dividend payment date?

The next Commercial Metals (CMC) dividend payment date is unconfirmed.

What is the beta indicator for Commercial Metals?

Commercial Metals (CMC) has a beta rating of 1.33. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Commercial Metals stock price target?

The target price for Commercial Metals (CMC) stock is $65.5, which is 18.49% above the current price of $55.28. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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