Q1 EPS Forecast for Commercial Metals Raised by Analyst

Commercial Metals Company (NYSE:CMC) – Equities researchers at Zacks Research upped their Q1 2026 earnings estimates for Commercial Metals in a report released on Thursday, October 30th. Zacks Research analyst Team now expects that the basic materials company will earn $1.03 per share for the quarter, up from their previous forecast of $1.00. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $1.04 EPS, Q4 2026 earnings at $1.52 EPS, FY2026 earnings at $4.30 EPS, Q2 2027 earnings at $0.86 EPS, Q3 2027 earnings at $1.16 EPS and FY2027 earnings at $4.78 EPS.

A number of other analysts have also weighed in on CMC. UBS Group reiterated a “neutral” rating on shares of Commercial Metals in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Commercial Metals in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Commercial Metals from a “buy” rating to a “strong-buy” rating in a report on Monday, October 20th. Wells Fargo & Company increased their target price on shares of Commercial Metals from $61.00 to $64.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Finally, Bank of America increased their target price on shares of Commercial Metals from $60.00 to $70.00 and gave the stock a “buy” rating in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.80.

Commercial Metals Stock Performance

Commercial Metals stock opened at $59.43 on Friday. The company has a current ratio of 2.78, a quick ratio of 2.03 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average of $58.61 and a 200-day moving average of $52.82. The firm has a market cap of $6.59 billion, a P/E ratio of 78.20, a P/E/G ratio of 1.94 and a beta of 1.32. Commercial Metals has a 1-year low of $37.92 and a 1-year high of $64.53.

Commercial Metals (NYSE:CMC) last posted its quarterly earnings results on Thursday, October 16th. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.05. Commercial Metals had a net margin of 1.09% and a return on equity of 8.76%. The business had revenue of $2.11 billion during the quarter, compared to analyst estimates of $2.10 billion. During the same period in the prior year, the business posted $0.90 earnings per share. The company’s revenue was up 5.9% on a year-over-year basis.

Hedge Funds Weigh In On Commercial Metals

Institutional investors have recently bought and sold shares of the stock. State Street Corp increased its stake in shares of Commercial Metals by 1.2% during the second quarter. State Street Corp now owns 6,109,178 shares of the basic materials company’s stock valued at $299,898,000 after purchasing an additional 71,703 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in shares of Commercial Metals by 14.9% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 4,161,292 shares of the basic materials company’s stock valued at $191,461,000 after purchasing an additional 539,309 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Commercial Metals by 10.0% during the second quarter. Franklin Resources Inc. now owns 3,193,930 shares of the basic materials company’s stock valued at $156,215,000 after purchasing an additional 290,256 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Commercial Metals by 27.5% during the first quarter. Victory Capital Management Inc. now owns 3,089,313 shares of the basic materials company’s stock valued at $142,139,000 after purchasing an additional 666,886 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Commercial Metals by 7.8% during the second quarter. American Century Companies Inc. now owns 1,711,656 shares of the basic materials company’s stock valued at $83,717,000 after purchasing an additional 124,397 shares in the last quarter. 86.90% of the stock is owned by institutional investors.

Insider Transactions at Commercial Metals

In related news, Director John R. Mcpherson purchased 1,722 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was bought at an average cost of $58.09 per share, with a total value of $100,030.98. Following the completion of the purchase, the director directly owned 6,722 shares in the company, valued at approximately $390,480.98. This represents a 34.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.46% of the stock is currently owned by insiders.

Commercial Metals Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, October 30th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, October 30th. Commercial Metals’s dividend payout ratio is presently 94.74%.

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.