Zacks Research Issues Pessimistic Estimate for CMC Earnings

Commercial Metals (NYSE:CMC) – Stock analysts at Zacks Research dropped their FY2025 earnings estimates for shares of Commercial Metals in a note issued to investors on Thursday, April 3rd. Zacks Research analyst S. Deb now anticipates that the basic materials company will post earnings per share of $2.76 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.

Commercial Metals (NYSE:CMC) last posted its earnings results on Thursday, March 20th. The basic materials company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates 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 firm’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.88 EPS.

Other equities analysts have also recently issued reports about the stock. BMO Capital Markets cut their target price on shares of Commercial Metals from $58.00 to $54.00 and set a “market perform” rating on the stock in a report on Friday, March 21st. Jefferies Financial Group dropped their price objective on shares of Commercial Metals from $65.00 to $62.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Morgan Stanley decreased their target price on shares of Commercial Metals from $56.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday, March 7th. UBS Group dropped their price target on Commercial Metals from $54.00 to $49.00 and set a “neutral” rating on the stock in a research report on Monday, March 24th. Finally, BNP Paribas downgraded Commercial Metals from an “outperform” rating to a “neutral” rating in a research note on Friday, January 3rd. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $60.33.

Commercial Metals Trading Down 1.6 %

CMC opened at $40.95 on Friday. 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 has a 52 week low of $37.92 and a 52 week high of $64.53. The business’s 50 day moving average is $48.07 and its two-hundred day moving average is $52.46. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 36.89, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17.

Hedge Funds Weigh In On Commercial Metals

Large investors have recently modified their holdings of the business. Park Square Financial Group LLC acquired a new position in Commercial Metals during the fourth quarter worth $33,000. Heck Capital Advisors LLC acquired a new position in shares of Commercial Metals during the 4th quarter worth $34,000. V Square Quantitative Management LLC increased its holdings in shares of Commercial Metals by 60.7% in the 4th quarter. V Square Quantitative Management LLC now owns 707 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 267 shares in the last quarter. South Plains Financial Inc. acquired a new stake in shares of Commercial Metals in the fourth quarter valued at about $73,000. Finally, Jones Financial Companies Lllp boosted its holdings in Commercial Metals by 22.0% during the fourth quarter. Jones Financial Companies Lllp now owns 1,646 shares of the basic materials company’s stock worth $82,000 after buying an additional 297 shares in the last quarter. 86.90% of the stock is owned by hedge funds and other institutional investors.

Commercial Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Monday, March 31st will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.76%. The ex-dividend date is Monday, March 31st. Commercial Metals’s payout ratio is 120.00%.

About Commercial Metals

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.