Zacks Research Has Optimistic Outlook of CMC FY2026 Earnings

Commercial Metals Company (NYSE:CMC) – Research analysts at Zacks Research boosted their FY2026 earnings per share estimates for Commercial Metals in a research note issued to investors on Friday, July 24th. Zacks Research analyst Team now expects that the basic materials company will post earnings per share of $6.64 for the year, up from their previous estimate of $6.62. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $6.64 per share. Zacks Research also issued estimates for Commercial Metals’ Q4 2026 earnings at $1.91 EPS, Q2 2027 earnings at $1.44 EPS, Q3 2027 earnings at $1.82 EPS, Q1 2028 earnings at $1.81 EPS, Q2 2028 earnings at $1.53 EPS, Q3 2028 earnings at $1.85 EPS and FY2028 earnings at $7.27 EPS.

Commercial Metals (NYSE:CMC) last posted its quarterly earnings data on Thursday, June 25th. The basic materials company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.03. Commercial Metals had a return on equity of 15.69% and a net margin of 6.72%.The business had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the company earned $0.74 earnings per share. The business’s revenue for the quarter was up 22.9% compared to the same quarter last year.

A number of other equities research analysts also recently commented on the stock. Bank of America lowered their price target on shares of Commercial Metals from $84.00 to $78.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft raised shares of Commercial Metals to a “buy” rating in a research note on Friday, May 22nd. Wall Street Zen lowered shares of Commercial Metals from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 4th. JPMorgan Chase & Co. lowered their target price on shares of Commercial Metals from $83.00 to $78.00 and set an “overweight” rating for the company in a research note on Tuesday, April 14th. Finally, BMO Capital Markets cut their price target on Commercial Metals from $80.00 to $77.00 and set a “market perform” rating for the company in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.45.

Commercial Metals Price Performance

NYSE:CMC opened at $68.12 on Monday. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 0.40 and a beta of 1.54. The company has a current ratio of 2.33, a quick ratio of 1.54 and a debt-to-equity ratio of 0.73. The company’s 50-day moving average is $70.10 and its two-hundred day moving average is $70.43. Commercial Metals has a 12-month low of $49.66 and a 12-month high of $84.87.

Hedge Funds Weigh In On Commercial Metals

Institutional investors and hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC boosted its holdings in shares of Commercial Metals by 110.7% in the 4th quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 301 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Commercial Metals during the 4th quarter worth $54,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Commercial Metals by 617.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock worth $58,000 after buying an additional 716 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Commercial Metals in the 4th quarter worth $59,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Commercial Metals by 105.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,222 shares of the basic materials company’s stock worth $75,000 after buying an additional 626 shares during the period. Institutional investors and hedge funds own 86.90% of the company’s stock.

Insider Buying and Selling at Commercial Metals

In related news, CEO Peter R. Matt bought 8,230 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were acquired at an average cost of $61.30 per share, with a total value of $504,499.00. Following the completion of the transaction, the chief executive officer owned 181,522 shares of the company’s stock, valued at approximately $11,127,298.60. The trade was a 4.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.62% of the stock is currently owned by insiders.

Commercial Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, July 6th. Commercial Metals’s dividend payout ratio is presently 15.07%.

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.