Research Analysts Set Expectations for CMC FY2025 Earnings

Commercial Metals (NYSE:CMC) – Equities research analysts at Zacks Research cut their FY2025 earnings per share (EPS) estimates for shares of Commercial Metals in a report released on Thursday, April 3rd. Zacks Research analyst S. Deb now expects that the basic materials company will post earnings of $2.76 per share for the year, down from their previous forecast of $2.77. 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 $0.79 EPS, FY2026 earnings at $4.20 EPS, Q2 2027 earnings at $0.83 EPS and FY2027 earnings at $4.34 EPS.

A number of other equities analysts have also recently issued reports on CMC. UBS Group cut their target price on shares of 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 cut their price objective on Commercial Metals from $58.00 to $54.00 and set a “market perform” rating for the company in a research report on Friday, March 21st. BNP Paribas cut Commercial Metals from an “outperform” rating to a “neutral” rating in a report on Friday, January 3rd. Jefferies Financial Group cut their price target on Commercial Metals from $65.00 to $62.00 and set a “buy” rating for the company in a report on Monday, January 6th. Finally, Morgan Stanley decreased their price objective on Commercial Metals from $56.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, March 7th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $60.33.

Commercial Metals Trading Down 11.4 %

NYSE:CMC opened at $41.67 on Friday. The company has a market capitalization of $4.71 billion, a PE ratio of 37.54, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. Commercial Metals has a 52-week low of $39.24 and a 52-week high of $64.53. The stock has a fifty day simple moving average of $48.25 and a 200-day simple moving average of $52.54. The company has a quick ratio of 1.94, a current ratio of 2.76 and a debt-to-equity ratio of 0.29.

Commercial Metals (NYSE:CMC) last issued its quarterly earnings data on Thursday, March 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.73 billion. Commercial Metals had a return on equity of 9.88% and a net margin of 1.70%. The business’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 earnings per share.

Hedge Funds Weigh In On Commercial Metals

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in Commercial Metals by 6.5% during the third quarter. JPMorgan Chase & Co. now owns 1,081,153 shares of the basic materials company’s stock worth $59,420,000 after acquiring an additional 66,092 shares during the last quarter. Principal Financial Group Inc. boosted its position in Commercial Metals by 1.1% during the 3rd quarter. Principal Financial Group Inc. now owns 1,714,116 shares of the basic materials company’s stock worth $94,208,000 after purchasing an additional 17,931 shares during the period. Assenagon Asset Management S.A. increased its holdings in Commercial Metals by 66.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 71,151 shares of the basic materials company’s stock valued at $3,529,000 after purchasing an additional 28,297 shares in the last quarter. Vestcor Inc increased its holdings in Commercial Metals by 108.0% in the 3rd quarter. Vestcor Inc now owns 18,103 shares of the basic materials company’s stock valued at $995,000 after purchasing an additional 9,400 shares in the last quarter. Finally, Covea Finance raised its position in Commercial Metals by 44.2% in the fourth quarter. Covea Finance now owns 62,000 shares of the basic materials company’s stock valued at $3,075,000 after purchasing an additional 19,000 shares during the period. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Commercial Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, March 31st. Commercial Metals’s dividend payout ratio is currently 120.00%.

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.