Equities Analysts Issue Forecasts for CMC FY2026 Earnings

Commercial Metals Company (NYSE:CMC) – Analysts at KeyCorp issued their FY2026 earnings per share (EPS) estimates for Commercial Metals in a report issued on Tuesday, January 6th. KeyCorp analyst P. Gibbs expects that the basic materials company will post earnings per share of $7.25 for the year. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. KeyCorp also issued estimates for Commercial Metals’ FY2027 earnings at $5.90 EPS.

Commercial Metals (NYSE:CMC) last released its quarterly earnings results on Thursday, January 8th. The basic materials company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.29. The business had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.06 billion. Commercial Metals had a return on equity of 8.76% and a net margin of 1.09%.The company’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.78 EPS.

A number of other research analysts have also recently commented on CMC. Zacks Research upgraded Commercial Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. raised Commercial Metals from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $64.00 to $78.00 in a research note on Friday, December 5th. Wall Street Zen raised Commercial Metals from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. The Goldman Sachs Group reissued a “buy” rating and issued a $84.00 price objective on shares of Commercial Metals in a research note on Tuesday, December 30th. Finally, Wells Fargo & Company upped their price objective on Commercial Metals from $68.00 to $79.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $69.00.

Commercial Metals Price Performance

Commercial Metals stock opened at $70.83 on Thursday. The company’s 50 day simple moving average is $65.37 and its 200-day simple moving average is $59.15. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.03 and a current ratio of 2.78. Commercial Metals has a 1 year low of $37.92 and a 1 year high of $75.03. The company has a market capitalization of $7.87 billion, a price-to-earnings ratio of 93.20, a price-to-earnings-growth ratio of 0.40 and a beta of 1.49.

Commercial Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 19th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $0.72 dividend on an annualized basis and a yield of 1.0%. Commercial Metals’s dividend payout ratio (DPR) is presently 94.74%.

Insider Buying and Selling at Commercial Metals

In related news, Director John R. Mcpherson bought 1,722 shares of the stock in a transaction dated Monday, October 20th. The stock was acquired at an average price of $58.09 per share, for a total transaction of $100,030.98. Following the acquisition, the director owned 6,722 shares in the company, valued at approximately $390,480.98. This represents a 34.44% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Commercial Metals

Several large investors have recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in Commercial Metals by 1.4% during the 1st quarter. Royal Bank of Canada now owns 90,989 shares of the basic materials company’s stock worth $4,186,000 after buying an additional 1,219 shares during the last quarter. Amundi increased its holdings in shares of Commercial Metals by 13.3% in the 1st quarter. Amundi now owns 2,480 shares of the basic materials company’s stock valued at $114,000 after acquiring an additional 291 shares during the period. Millennium Management LLC raised its position in Commercial Metals by 124.3% in the 1st quarter. Millennium Management LLC now owns 926,718 shares of the basic materials company’s stock valued at $42,638,000 after purchasing an additional 513,630 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Commercial Metals by 614.9% in the first quarter. Jones Financial Companies Lllp now owns 11,767 shares of the basic materials company’s stock valued at $541,000 after purchasing an additional 10,121 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Commercial Metals by 5.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,033,514 shares of the basic materials company’s stock valued at $47,552,000 after buying an additional 56,875 shares during the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

Key Commercial Metals News

Here are the key news stories impacting Commercial Metals this week:

• Positive Sentiment: Quarterly beat: CMC reported adjusted EPS of $1.84 vs. Street $1.55 and revenue of $2.12B vs. $2.06B, showing solid top- and bottom-line outperformance for Q1. CMC Reports First Quarter of Fiscal 2026 Results
• Positive Sentiment: Strong cash-profit metrics: consolidated core EBITDA rose ~52% YoY to $316.9M with a core EBITDA margin of 14.9%, and management highlighted operational improvements under its TAG program. CMC Reports First Quarter of Fiscal 2026 Results
• Positive Sentiment: Strategic M&A and growth repositioning: CMC closed CP&P and Foley transactions to build a precast/construction-solutions platform and disclosed ~ $2.5B of deployed capital to expand the segment. CMC Reports First Quarter of Fiscal 2026 Results
• Neutral Sentiment: Analyst views and estimate revisions: KeyCorp provided much higher FY2026/FY2027 EPS forecasts (published estimates noted well above current consensus), which could re-rate shares if validated over coming quarters. (See coverage summary on MarketBeat.)
• Neutral Sentiment: Calls and write-ups: Full earnings call transcript and metric analyses are available for investors who want detail on segment trends, margins and working capital moves. Commercial Metals Company (CMC) Q1 2026 Earnings Call Transcript Here’s What Key Metrics Tell Us About Commercial Metals (CMC) Q1 Earnings
• Negative Sentiment: Quality & margin caveats: GAAP net earnings were $177.3M ($1.58/sh) vs. adjusted $1.84, and the reported net margin was only ~1.09%, which may keep some investors focused on earnings quality. CMC Reports First Quarter of Fiscal 2026 Results
• Negative Sentiment: Valuation and profit-taking risk: the shares had run-up into the report (near 52‑week highs) and trade at a high P/E on consensus; today’s heavier volume sell-off suggests investors may be trimming despite the beat. (Context: Market-price metrics and commentary reported across coverage.)

About Commercial Metals

Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets.

In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.