Want to see CMC full AI Analyst Report?
CMC Stock Chart & Stats
$66.17
-$1.07(-2.19%)
At close: 4:00 PM EST
$66.17
-$1.07(-2.19%)
Day’s Range― - ―
52-Week Range$49.66 - $84.87
Previous CloseN/A
Volume359.48K
Average Volume (3M)1.40M
Market Cap
$7.35B
Enterprise Value$10.99B
Total Cash (Recent Filing)$559.76M
Total Debt (Recent Filing)$3.40B
Price to Earnings (P/E)12.4
Beta1.29
Next Earnings
Oct 15, 2026EPS Estimate
1.96Next Dividend Ex-DateN/A
Dividend Yield1.02%
Share Statistics
EPS (TTM)5.35
Shares Outstanding110,624,340
10 Day Avg. Volume1,109,282
30 Day Avg. Volume1,395,472
Financial Highlights & Ratios
PEG Ratio-0.94
Price to Book (P/B)1.55
Price to Sales (P/S)0.84
P/FCF Ratio20.87
Enterprise Value/Market Cap1.50
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit6.69
Enterprise Value/Ebitda9.57
Forecast
1Y Price Target
$80.45Price Target Upside21.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)6.37
Revenue Forecast (FY)$9.29B
Bulls Say, Bears Say
Bulls Say
Vertical IntegrationCMC’s integrated model—scrap sourcing, steelmaking, and downstream fabrication—locks in feedstock supply and captures margin across the chain. That structural integration reduces input exposure, supports margin retention through cycles, and creates durable competitive advantage with multiple internal profit pools.
Cash Generation & LiquiditySustained positive operating and free cash flow, combined with nearly $1.8B of liquidity, provides the company flexibility to fund capex, complete the West Virginia micro mill, and pursue deleveraging. Strong cash generation supports dividends, M&A integration and resilience versus cyclical headwinds.
Precast Acquisition AccretionPrecast acquisitions materially grew Construction Solutions sales and margins and are reported accretive to EBITDA. Successful integration and a backed-up precast backlog create a diversified, higher-margin business line that can smooth cyclicality and expand recurring project-driven revenue.
Bears Say
Steel-Cycle SensitivityRevenue and margins remain tightly linked to steel pricing and construction demand. Even with recent improvement, earnings have historically swung with the cycle; this creates persistent earnings volatility and planning risk, making forecasted profitability contingent on favorable market conditions.
Elevated LeverageLeverage has increased materially versus prior periods, reducing financial flexibility if the cycle weakens. Higher debt loads raise interest and refinancing risk, constrain the pace of capital returns or M&A, and make deleveraging targets contingent on sustained cash generation.
Uneven Cash ConversionWhile FCF is positive, conversion below half of net income and working-capital swings indicate volatile free cash across cycles. This structural unevenness can hinder consistent deleveraging, limit reinvestment ability in weaker periods, and amplify earnings volatility over multi-quarter horizons.
Commercial Metals Company News
CMC FAQ
What was Commercial Metals’s price range in the past 12 months?
Commercial Metals lowest stock price was $49.66 and its highest was $84.87 in the past 12 months.
What is Commercial Metals’s market cap?
Commercial Metals’s market cap is $7.35B.
When is Commercial Metals’s upcoming earnings report date?
Commercial Metals’s upcoming earnings report date is Oct 15, 2026 which is in 88 days.
How were Commercial Metals’s earnings last quarter?
Commercial Metals released its earnings results on Jun 25, 2026. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.699 by $0.031.
Is Commercial Metals overvalued?
According to Wall Street analysts Commercial Metals’s price is currently Undervalued.
Does Commercial Metals pay dividends?
Commercial Metals pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 1.02%. See more information on Commercial Metals dividends here
What is Commercial Metals’s EPS estimate?
Commercial Metals’s EPS estimate is 1.96.
How many shares outstanding does Commercial Metals have?
Commercial Metals has 110,624,340 shares outstanding.
What happened to Commercial Metals’s price movement after its last earnings report?
Commercial Metals reported an EPS of $1.73 in its last earnings report, beating expectations of $1.699. Following the earnings report the stock price went up 3.941%.
Which hedge fund is a major shareholder of Commercial Metals?
Currently, no hedge funds are holding shares in CMC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Commercial Metals Company Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$80.45 (21.59% Upside)
$80.45 (21.59% Upside)
Blogger Sentiment
Bullish
CMC Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 17.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
27.99%
12-Months-Change
Fundamentals
Return on Equity
11.88%
Trailing 12-Months
Asset Growth
40.07%
Trailing 12-Months
Company Description
Commercial Metals
Commercial Metals Company (CMC) is an international enterprise specializing in the production, recycling, and fabrication of steel and metal products, along with providing related services. The company serves markets across the United States, Poland, China, and other international regions. A significant facet of its business involves processing and marketing a wide array of ferrous and non-ferrous scrap metals. These raw materials are supplied to a diverse clientele, including steel mills, foundries, aluminum sheet and ingot producers, brass and bronze ingot makers, copper refineries, secondary lead smelters, specialty steel manufacturers, and high-temperature alloy fabricators. Commercial Metals Company manufactures and distributes a comprehensive range of finished long steel products. These encompass reinforcing bars (rebar), merchant bars, light structural sections, and various other specialized profiles. It also provides semi-finished billets intended for re-rolling and forging applications. Specializing in custom-fabricated steel products, the company's offerings are primarily utilized for concrete reinforcement. Such products are integral to the construction of a wide array of structures, from commercial and residential buildings, healthcare facilities, and convention centers to industrial and power plants, highways, bridges, and expansive public venues like arenas, stadiums, and dams. Beyond its fabrication activities, CMC supplies construction-related equipment and products, both for sale and rent, catering to concrete installers and other commercial enterprises. Additionally, the firm produces niche items such as robust strength bars for the truck trailer industry, specialized bar steels engineered for the energy market, and armor plates designated for military vehicles. These diverse metal solutions, including various rebar forms, merchant bars, wire rods, fabricated meshes, and pre-assembled rebar cages, reach a broad customer base encompassing fabricators, manufacturers, distributors, and construction firms. Founded in 1915, Commercial Metals Company maintains its corporate headquarters in Irving, Texas.
CMC Stock 12 Month Forecast
Average Price Target
$80.45
▲(21.59% Upside)
Technical Analysis
Cleveland-Cliffs
―
Gerdau SA
―
Grupo Simec SA De CV
―
Companhia Siderúrgica Nacional
―
Ternium SA
―
Ownership Overview
0.82% Insiders
36.99% Mutual Funds
0.30% Other Institutional Investors
28.12% Public Companies and
Individual Investors