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Market Cap 6.60B P/E 6.98 EPS this Y -31.60% Ern Qtrly Grth -52.30%
Income 680.26M Forward P/E 9.17 EPS next Y 0.20% 50D Avg Chg 11.00%
Sales 8.41B PEG -0.64 EPS past 5Y 34.08% 200D Avg Chg 15.00%
Dividend 1.00% Price/Book 1.64 EPS next 5Y -16.77% 52W High Chg -3.00%
Recommedations 2.20 Quick Ratio 2.30 Shares Outstanding 115.71M 52W Low Chg 60.00%
Insider Own 0.73% ROA 8.91% Shares Float 114.69M Beta 1.33
Inst Own 88.91% ROE 16.99% Shares Shorted/Prior 2.42M/2.97M Price 56.50
Gross Margin 19.07% Profit Margin 8.09% Avg. Volume 817,779 Target Price 65.50
Oper. Margin 6.97% Earnings Date Jun 20 Volume 683,140 Change -2.35%
About Commercial Metals Company

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

Commercial Metals Company News
04/19/24 With 88% institutional ownership, Commercial Metals Company (NYSE:CMC) is a favorite amongst the big guns
04/08/24 If You Invested $1000 in Commercial Metals 10 Years Ago, This Is How Much You'd Have Now
04/01/24 The Zacks Analyst Blog Highlights Independent Bank, Northeast Community Bancorp, STMicroelectronics, Commercial Metals and JPMorgan Chase
03/28/24 5 Stocks Worth Watching on Dividend Hikes
03/23/24 Commercial Metals Company (NYSE:CMC) Looks Interesting, And It's About To Pay A Dividend
03/23/24 Commercial Metals Company (NYSE:CMC) Q2 2024 Earnings Call Transcript
03/22/24 Commercial Metals (CMC) Earnings Beat Estimates in Q2, Dip Y/Y
03/22/24 Commercial Metals Second Quarter 2024 Earnings: EPS: US$0.74 (vs US$1.53 in 2Q 2023)
03/22/24 Q2 2024 Commercial Metals Co Earnings Call
03/21/24 Commercial Metals Co (CMC) Reports Q2 Fiscal 2024 Earnings: A Mixed Performance Amidst ...
03/21/24 Commercial Metals (CMC) Surpasses Q2 Earnings and Revenue Estimates
03/21/24 CMC Reports Second Quarter Fiscal 2024 Results
03/20/24 CMC Announces a 13% Increase In Quarterly Dividend
03/09/24 10 Best Steel Stocks to Buy According to Analysts
03/06/24 Investors in Commercial Metals (NYSE:CMC) have seen splendid returns of 260% over the past five years
03/05/24 30 Cities with Most Illegal Immigrants in the US
03/05/24 Jim Cramer’s Latest Lightning Round: 11 Stock Recommendations
02/28/24 Koppers (KOP) Q4 Earnings Lag Estimates
02/21/24 CMC Announces Second Quarter Fiscal 2024 Conference Call Webcast Details
02/20/24 CMC Announces Appointment of Dennis V. Arriola to Board of Directors
CMC Chatroom

User Image StockInvest_us Posted - 6 days ago

Signal alert: $CMC - GoldenStar https://stockinvest.us/l/gjqwFzu9Rr

User Image WhisperNumber Posted - 1 week ago

$AA #earnings after close, the expectation from the WhisperNumber community is -$0.66, 11c behind analyst estimates. Earnings came in $0.20 short of the whisper last quarter. 45% beat rate. Implied movement +/-5.9%. https://www.whispernumber.com/wr_options_alerts.jsp #options $KALU $CMC

User Image chessNwine Posted - 2 weeks ago

NEW POST: Cutting it High and Tight https://marketchess.com/2024/04/08/cutting-it-high-tight $CLF $CMC $QQQ $SPY

User Image WallStRider Posted - 2 weeks ago

$CMC so much value here as commodity prices remain strong. This has sone catching up to do

User Image StockInvest_us Posted - 3 weeks ago

Signal alert: $CMC - GoldenStar https://stockinvest.us/l/qke9p4CneG

User Image Stocksrunner Posted - 3 weeks ago

πŸš€ Short Sellers on the Move! πŸ“‰ πŸ’° $CMC Short percent of float up 12.28%! πŸ“ˆ πŸ’Ό $MANH Short percent of float soaring by 9.71%! πŸ“ˆ πŸ“‰ $MED Short interest rising by 5.78%! πŸ“ˆ πŸ’Ό $MDB Short percent of float climbing 5.05%! πŸ“ˆ πŸ“‰ Keep an eye on these volatile movers! πŸ’ΌπŸ’₯

User Image Stocksrunner Posted - 3 weeks ago

🚨 Recent Insider Activity Alert! 🚨 πŸ“ˆ Insider buying spotted at $CMC! πŸ“ˆ πŸš€ $COMM insiders loading up on shares! πŸš€ πŸ“‰ Insider selling detected at $DBX πŸ“‰ πŸ” Insiders buying into $OTLK and $SNAP! πŸ” Keep an eye on these moves, traders! 🧐 Opportunities abound!

User Image insiderbuyingselling Posted - 03/29/24

$CMC new insider selling: 35704 shares. http://insiderbuyingselling.com/?t=CMC

User Image smartkarma Posted - 03/29/24

$CMC | Commercial Metals Company: These Are The 4 Biggest Growth Drivers For The Company! - Financial Forecasts "Commercial Metals Company's Q2'2024 earnings indicated a profitable yet relatively modest quarter. It reported net earnings of $85.8 million or..." - Baptista Research (Baptista Research) Key Points:Commercial Metals Company's Q2'2024 earnings indicated a profitable yet relatively modest quarter.It reported net earnings of $85.8 million or $0.73 per diluted share on net sales of $1.8 billion.Excluding nonoperational items, adjusted earnings equated to $103.1 million or $0.88 per diluted share, with consolidated core EBITDA for the quarter representing $224.4 million. Read more: https://www.smartkarma.com/insights/commercial-metals-company-these-are-the-4-biggest-growth-drivers-for-the-company-financial-forecasts

User Image StockInvest_us Posted - 03/27/24

Signal alert: $CMC - GoldenStar https://stockinvest.us/l/TNg2yPhEJ8

User Image Stocksrunner Posted - 1 month ago

πŸ“‰ Today's Analyst Downgrades πŸ“‰ $AFRM $OBDC $CMC $CROX $CSX Be cautious of potential valuation downgrades in these stocks!

User Image briefingcom Posted - 1 month ago

$CMC: Commercial Metals beats by $0.12, beats on revs https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240321065053CMC&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image tradingtwenty Posted - 1 month ago

$CMC has trended 5 times in the past 24 hours (based on 5 minute intervals). Latest press release on Mar 20, 2024 08:48 AM: CMC Announces a 13% Increase In Quarterly Dividend Link: https://tradingtwenty.com/news/401686/cmc-announces-a-13-increase-in-quarterly-dividend

User Image OpenOutcrier Posted - 1 month ago

$CMC (+4.4% pre) Commercial Metals Non-GAAP EPS of $0.88 beats by $0.12, revenue of $1.8B misses by $10M - SA https://ooc.bz/l/28325

User Image briefingcom Posted - 1 month ago

Gapping up in reaction to earnings/guidance: $MU +16.7% $GES +11.6% (also declares special dividend of $2.25/sh) $CAAP +4.6% $CMC +2.5%

User Image DonCorleone77 Posted - 1 month ago

$CMC Commercial Metals says adjusted EBITDA to approach breakeven levels during Q3 Matt said, "Finished steel shipments within our North America Steel Group are expected to follow a typical seasonal pattern during the third quarter, while adjusted EBITDA margin should be largely stable on a sequential basis. Conditions in Europe are expected to remain challenging, but adjusted EBITDA is anticipated to approach breakeven levels during the third quarter. Financial results for our Emerging Businesses Group should improve meaningfully, driven by the normal seasonal uptick in demand, strong underlying market fundamentals and a healthy order book. We continue to expect robust spring and summer construction activity driven by increased infrastructure investments, which we anticipate will support an already strong demand backdrop in both the North America Steel Group and the Emerging Businesses Group. Business conditions for our Europe Steel Group are slowly improving...."

User Image DonCorleone77 Posted - 1 month ago

$CMC Commercial Metals reports Q2 adjusted EPS 88c, consensus 73c Reports Q2 revenue $1.85B, consensus $1.8B. Peter Matt, president and CEO, said, "CMC generated historically strong financial results during the second quarter despite seasonal weakness and challenging weather conditions in several key geographies. Core EBITDA and core EBITDA margin remained well above long-term averages, demonstrating the ability to consistently generate higher margins in our business. We continued to see good fundamentals within our North American markets, highlighted by several encouraging developments during the quarter. Steel product margins over scrap exited the quarter on an upward trajectory, which provides a solid baseline for continued strong margins into the seasonally robust third and fourth quarters. Additionally, new contract awards in our downstream business rebounded sharply, pointing to strength in the construction pipeline, and driving a sequential quarter increase...."

User Image epsguid Posted - 1 month ago

$CMC reported earnings of $0.88, consensus was $0.73 via @eWhispers #epsbeat http://eps.sh/d/cmc

User Image Stock_Titan Posted - 1 month ago

$CMC CMC Reports Second Quarter Fiscal 2024 Results https://www.stocktitan.net/news/CMC/cmc-reports-second-quarter-fiscal-2024-7ojcce84sjhf.html

User Image WallStRider Posted - 1 month ago

$CMC This might hit $60 this week

User Image DailyStocksPicks Posted - 1 month ago

United States Steel Corporation ($X) has attracted attention due to its significant share price drop, following President Joe Biden's opposition to Nippon Steel's planned acquisition. This situation is underscored by themes of national pride and economic sovereignty, with the President advocating for the preservation of American steel industries. The resultant market responseβ€”a more than 10% fall in U.S. Steel's sharesβ€”reflects the impact of political statements on financial markets, emphasizing the importance of considering geopolitical and national interests in stock valuations. $CMC, $STLD, $TX, $M For More Details https://youtu.be/53IHP3Y7EFc

User Image DailyStocksPicks Posted - 1 month ago

About Today's Oversold Stock#1... United States Steel Corporation ($X): The company's stock plummeted following President Joe Biden's opposition to Nippon Steel's acquisition of U.S. Steel, citing concerns over national pride and economic sovereignty. This scenario highlights the impact of geopolitical and social factors on stock valuations, with U.S. Steel's situation serving as a lesson in the importance of considering broader forces beyond financials in the investment world. $CMC, $STLD, $TX, $MT For More Details: https://youtu.be/p1X3LZUnRrA

User Image DailyStocksPicks Posted - 1 month ago

Oversold Pick #1: The recent plunge in United States Steel Corp. ($X) stock is primarily attributed to concerns over President Joe Biden's reported intention to express apprehensions about the proposed takeover by Nippon Steel, creating a climate of political uncertainty and regulatory scrutiny that has rattled investors. This news, combined with the market's reaction to the potential complexities and challenges in finalizing the deal, has led to a significant sell-off, overshadowing the strategic and financial upsides of the acquisition. The sharp drop in stock price, amid high trading volumes and active options trading, suggests that the market may have overreacted to these developments, marking the stock as potentially oversold given the broader context of Nippon Steel's offer and the inherent value within U.S. Steel. $CMC, $STLD, $TX, $MT For More Details: https://youtu.be/Ff3pi-Ew5Og

User Image ubedatraders Posted - 1 month ago

$UEC $CMC $WPM Are you gonna miss this train? https://www.marketbeat.com/stock-ideas/3-metal-stocks-with-double-digit-upside/?utm_source=earlybirdnewsletter&utm_medium=email&utm_campaign=newsletterclick&AccountID=9981362&hash=4023A095CFD1D8C632A92CBE12901FBFB96400F23D110EFADF129AFF319FAB38B4848F9413CC0276E6D82D475CFFEBE9063B8697F7E8D67125CD1EEA2B41F0EC

User Image rsmracks Posted - 1 month ago

$NUE $CMC $STLD $CLF $TKR Steel expansion inbound. This building cycle is still several years away from running out of steam. Onshoring is the driver. https://oilprice.com/Metals/Commodities/Global-Manufacturing-Resurgence-Set-to-Reshape-Steel-Market.amp.html

User Image SharePlanner Posted - 1 month ago

$CMC solid bounce off of the trend-line, with potential room to run up to resistance at $57.80 area.

User Image Stock_Titan Posted - 2 months ago

$CMC CMC Announces Second Quarter Fiscal 2024 Conference Call Webcast Details https://www.stocktitan.net/news/CMC/cmc-announces-second-quarter-fiscal-2024-conference-call-webcast-zcjmn2z8fe60.html

User Image WallStRider Posted - 2 months ago

$CMC New 52 week high coming

User Image insiderbuyingselling Posted - 2 months ago

$CMC new insider selling: 23619 shares. http://insiderbuyingselling.com/?t=CMC

User Image WallStRider Posted - 2 months ago

$CMC how about that dividend increase bitches

Analyst Ratings
BMO Capital Market Perform Mar 22, 24
UBS Buy Jan 16, 24
BMO Capital Market Perform Jan 9, 24
Citigroup Neutral Oct 16, 23
BMO Capital Market Perform Oct 13, 23
UBS Buy Jul 11, 23
BMO Capital Market Perform Jun 23, 23
B of A Securities Buy Apr 5, 23
Keybanc Sector Weight Feb 23, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Smith Barbara Executive Chairman Executive Chairman Feb 02 Sell 51.28 60,166 3,085,312 96,019 02/05/24
SLOAN LINDSAY L VP & Chief Accountin.. VP & Chief Accounting Officer Jan 26 Sell 51.52 600 30,912 12,338 01/29/24
Smith Barbara Executive Chairman Executive Chairman Jan 18 Sell 49.94 57,194 2,856,268 156,185 01/22/24
Smith Barbara Executive Chairman Executive Chairman Jan 16 Sell 49.89 142,806 7,124,591 213,379 01/18/24
MATT PETER R President and CEO President and CEO Oct 23 Buy 40.30 6,200 249,860 92,182 10/25/23
Smith Barbara Chairman & CEO Chairman & CEO Jul 25 Sell 56.51 48,300 2,729,433 283,785 07/27/23
Smith Barbara Chairman & CEO Chairman & CEO Jul 18 Sell 56.45 1,700 95,965 332,085 07/20/23
SLOAN LINDSAY L VP & Chief Accountin.. VP & Chief Accounting Officer Jul 14 Sell 55.17 100 5,517 11,855 07/17/23
Smith Barbara Chairman & CEO Chairman & CEO Jul 11 Sell 54.7 50,000 2,735,000 333,785 07/13/23
GARRISON TY L SVP Operations SVP Operations Jul 12 Sell 54.98 5,000 274,900 106,408 07/13/23
Smith Barbara Chairman & CEO Chairman & CEO Jun 29 Sell 52.53 50,000 2,626,500 383,785 07/03/23
Smith Barbara Chairman & CEO Chairman & CEO Jun 27 Sell 50.65 50,000 2,532,500 433,785 06/28/23
GARRISON TY L SVP Operations SVP Operations Oct 20 Sell 43.75 696 30,450 133,939 10/21/22
GARRISON TY L SVP Operations SVP Operations Aug 02 Sell 39.28 20,000 785,600 114,609 08/02/22
SLOAN LINDSAY L VP & Chief Accountin.. VP & Chief Accounting Officer Jul 01 Buy 32.85 200 6,570 10,749 07/05/22
McPherson John R Director Director Apr 26 Buy 40.55 5,000 202,750 5,000 04/28/22
Smith Barbara Chairman, President.. Chairman, President & CEO Apr 20 Sell 46.49 25,000 1,162,250 508,785 04/21/22
Smith Barbara Chairman, President.. Chairman, President & CEO Apr 12 Sell 43.45 4,101 178,188 533,785 04/12/22
Smith Barbara Chairman, President.. Chairman, President & CEO Mar 25 Sell 43.49 20,899 908,898 537,886 03/29/22
Porter Tracy L EVP & Chief Operatin.. EVP & Chief Operating Officer Oct 19 Sell 31.86 30,000 955,800 284,917 10/20/21
Smith Barbara Chairman, President.. Chairman, President & CEO Feb 26 Sell 26.47 30,100 796,747 683,973 02/26/21