Q2 EPS Estimate for Commercial Metals Increased by Analyst

Commercial Metals Company (NYSE:CMC) – Zacks Research raised their Q2 2026 earnings per share estimates for Commercial Metals in a research note issued on Thursday, January 22nd. Zacks Research analyst Team now expects that the basic materials company will post earnings per share of $1.24 for the quarter, up from their prior estimate of $0.72. 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’ Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $2.27 EPS, FY2026 earnings at $7.26 EPS, Q1 2027 earnings at $1.63 EPS, Q2 2027 earnings at $1.21 EPS, Q3 2027 earnings at $1.68 EPS, Q4 2027 earnings at $2.10 EPS, FY2027 earnings at $6.63 EPS, Q1 2028 earnings at $1.68 EPS and FY2028 earnings at $7.15 EPS.

Commercial Metals (NYSE:CMC) last issued its earnings results on Thursday, January 8th. The basic materials company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.55 by $0.29. The company had revenue of $2.12 billion during the quarter, compared to analyst estimates of $2.06 billion. Commercial Metals had a return on equity of 11.43% and a net margin of 5.46%.The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.78 EPS.

A number of other research firms also recently issued reports on CMC. Citigroup raised their price target on shares of Commercial Metals from $65.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. JPMorgan Chase & Co. upgraded shares of Commercial Metals from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $64.00 to $78.00 in a research note on Friday, December 5th. Morgan Stanley lifted their target price on Commercial Metals from $68.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, January 9th. Wall Street Zen raised Commercial Metals from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $84.00 price target on shares of Commercial Metals in a report on Tuesday, December 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $72.70.

Commercial Metals Stock Performance

Commercial Metals stock opened at $77.57 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.47 and a quick ratio of 3.70. Commercial Metals has a 12 month low of $37.92 and a 12 month high of $79.61. The company has a fifty day moving average price of $68.97 and a two-hundred day moving average price of $61.15. The company has a market cap of $8.60 billion, a PE ratio of 19.99, a P/E/G ratio of 0.41 and a beta of 1.49.

Commercial Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 19th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $0.72 annualized dividend and a yield of 0.9%. Commercial Metals’s payout ratio is presently 18.56%.

Insider Transactions at Commercial Metals

In other Commercial Metals news, Director Dennis V. Arriola purchased 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The stock was bought at an average price of $74.69 per share, with a total value of $149,380.00. Following the completion of the purchase, the director owned 9,238 shares in the company, valued at $689,986.22. This trade represents a 27.63% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Commercial Metals

Several large investors have recently made changes to their positions in CMC. State Street Corp boosted its position in shares of Commercial Metals by 2.6% in the third quarter. State Street Corp now owns 6,270,373 shares of the basic materials company’s stock worth $359,167,000 after buying an additional 161,195 shares during the period. Boston Partners grew its stake in Commercial Metals by 1.9% during the 3rd quarter. Boston Partners now owns 3,641,930 shares of the basic materials company’s stock valued at $208,629,000 after acquiring an additional 67,139 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Commercial Metals by 10.0% in the 2nd 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 during the period. American Century Companies Inc. lifted its position in shares of Commercial Metals by 6.6% in the third quarter. American Century Companies Inc. now owns 1,823,923 shares of the basic materials company’s stock worth $104,474,000 after purchasing an additional 112,267 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Commercial Metals by 4.8% during the third quarter. Invesco Ltd. now owns 1,661,027 shares of the basic materials company’s stock worth $95,144,000 after purchasing an additional 76,365 shares during the period. Institutional investors 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: Director insider purchase of $149,380 signals management confidence; insider buying often supports sentiment and can attract momentum buying. Insider Buying: Commercial Metals (NYSE:CMC) Director Purchases $149,380.00 in Stock
• Positive Sentiment: Zacks Research issued a sweep of upward EPS revisions and a “Strong‑Buy” rating — raising FY2026 to $7.26 (from $4.30), FY2027 to $6.63 (from $4.82), and FY2028 to $7.15, and boosting multiple quarterly estimates (examples: Q1 2026 to $1.68, Q3 2026 to $1.91, Q4 2026 to $2.27). Those larger earnings projections can justify higher multiple expansion and support the stock.
• Neutral Sentiment: Consensus and model dispersion: the broader consensus cited in these reports (~$3.09 current-year EPS) remains below Zacks’ more aggressive forecasts — this divergence introduces execution and cyclical risk if demand or scrap/steel spreads normalize. Investors should watch incoming quarterly results and margin drivers (metal spreads, scrap costs, construction demand) for confirmation.

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.