FY2026 EPS Estimate for Commercial Metals Lowered by Analyst

Commercial Metals Company (NYSE:CMC) – Investment analysts at Zacks Research cut their FY2026 earnings per share estimates for Commercial Metals in a research note issued on Monday, June 16th. Zacks Research analyst S. Deb now anticipates that the basic materials company will post earnings per share of $4.09 for the year, down from their previous estimate of $4.19. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q1 2027 earnings at $1.21 EPS and Q3 2027 earnings at $0.82 EPS.

Commercial Metals (NYSE:CMC) last announced its quarterly earnings results on Thursday, March 20th. The basic materials company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.73 billion. Commercial Metals had a net margin of 0.94% and a return on equity of 8.23%. The firm’s revenue was down 5.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 earnings per share.

CMC has been the subject of several other reports. UBS Group reduced their price target on Commercial Metals from $54.00 to $49.00 and set a “neutral” rating for the company in a research report on Monday, March 24th. BMO Capital Markets dropped their price objective on Commercial Metals from $58.00 to $54.00 and set a “market perform” rating on the stock in a report on Friday, March 21st. JPMorgan Chase & Co. assumed coverage on Commercial Metals in a report on Friday, May 30th. They issued a “neutral” rating and a $52.00 price objective on the stock. Morgan Stanley dropped their price objective on Commercial Metals from $56.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, March 7th. Finally, Wolfe Research raised Commercial Metals from a “peer perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Tuesday, May 27th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Commercial Metals has an average rating of “Hold” and a consensus price target of $58.00.

Commercial Metals Stock Up 0.1%

Shares of CMC stock opened at $49.02 on Wednesday. The stock has a 50 day moving average of $46.29 and a 200 day moving average of $48.57. The company has a current ratio of 2.82, a quick ratio of 1.94 and a debt-to-equity ratio of 0.29. The stock has a market cap of $5.54 billion, a P/E ratio of 81.70, a P/E/G ratio of 2.76 and a beta of 1.27. Commercial Metals has a twelve month low of $37.92 and a twelve month high of $64.53.

Commercial Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Monday, June 30th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.47%. Commercial Metals’s dividend payout ratio is presently 120.00%.

Insider Transactions at Commercial Metals

In other news, Director John R. Mcpherson purchased 2,475 shares of the stock in a transaction dated Friday, April 4th. The shares were purchased at an average cost of $40.42 per share, with a total value of $100,039.50. Following the completion of the purchase, the director now directly owns 15,141 shares of the company’s stock, valued at approximately $611,999.22. The trade was a 19.54% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.46% of the company’s stock.

Institutional Trading of Commercial Metals

A number of institutional investors have recently made changes to their positions in CMC. Norges Bank acquired a new stake in shares of Commercial Metals in the fourth quarter worth approximately $69,261,000. Nuveen LLC acquired a new stake in shares of Commercial Metals in the first quarter worth approximately $44,345,000. Franklin Resources Inc. boosted its stake in Commercial Metals by 87.0% during the fourth quarter. Franklin Resources Inc. now owns 1,919,445 shares of the basic materials company’s stock worth $95,204,000 after buying an additional 893,094 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Commercial Metals by 4,372.6% during the first quarter. Pacer Advisors Inc. now owns 759,484 shares of the basic materials company’s stock worth $34,944,000 after buying an additional 742,503 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Commercial Metals by 86.1% during the first quarter. American Century Companies Inc. now owns 1,587,259 shares of the basic materials company’s stock worth $73,030,000 after buying an additional 734,265 shares during the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.

Commercial Metals Company Profile

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.