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CNM Stock Chart & Stats
$43.37
$0.03(0.07%)
At close: 4:00 PM EDT
$43.37
$0.03(0.07%)
Day’s Range― - ―
52-Week Range$39.42 - $59.66
Previous Close$43.65
Volume1.56M
Average Volume (3M)2.50M
Market Cap
$7.92B
Enterprise Value$11.01B
Total Cash (Recent Filing)$312.00M
Total Debt (Recent Filing)$2.75B
Price to Earnings (P/E)17.0
Beta0.88
Next Earnings
Dec 08, 2026EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.44
Shares Outstanding184,192,700
10 Day Avg. Volume1,853,525
30 Day Avg. Volume2,500,710
Financial Highlights & Ratios
PEG Ratio2.80
Price to Book (P/B)5.20
Price to Sales (P/S)1.36
P/FCF Ratio17.19
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue1.43
Enterprise Value/Gross Profit5.29
Enterprise Value/Ebitda11.45
Forecast
1Y Price Target
$53.64Price Target Upside23.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
EPS Forecast (FY)3.11
Revenue Forecast (FY)$7.84B
Bulls Say, Bears Say
Bulls Say
Solid Distributor ProfitabilityHealthy gross and operating margins indicate that Core & Main captures meaningful value beyond simple product resale. Profitability provides room to support branch operations, acquisitions, and customer service while helping preserve earnings power through normal changes in product mix and demand.
Strong Cash ConversionFree cash flow that closely tracks net income gives Core & Main internally generated funding for acquisitions, expansion, repurchases, and debt service. This conversion strengthens financial resilience and reduces reliance on external capital to pursue the company’s growth strategy.
Diversified Infrastructure DemandExposure across municipal water, fire protection, treatment plants, and data centers broadens the company’s demand base. This mix of recurring infrastructure needs and large projects can support market position and create multiple avenues for sustained growth beyond any single end market.
Bears Say
Elevated LeverageDebt above equity reduces financial flexibility if demand softens or interest rates remain high. Greater leverage can constrain acquisition capacity, increase financing costs, and leave less balance-sheet room to absorb weaker working capital or an infrastructure spending slowdown.
Volatile Cash FlowAlthough overall cash generation is strong, the wide year-to-year swings indicate sensitivity to working-capital movements or project timing. Less predictable conversion can complicate capital allocation, debt reduction, and the pace at which Core & Main funds growth internally.
Margin Normalization RiskOperating margin below recent peaks suggests that some prior profitability gains may not persist at the same level. Continued normalization would reduce incremental earnings from revenue growth and could limit the funds available for acquisitions, expansion, and shareholder returns.
Core & Main News
CNM FAQ
What was Core & Main’s price range in the past 12 months?
Core & Main lowest stock price was $39.41 and its highest was $59.66 in the past 12 months.
What is Core & Main’s market cap?
Core & Main’s market cap is $7.92B.
When is Core & Main’s upcoming earnings report date?
Core & Main’s upcoming earnings report date is Dec 08, 2026 which is in 48 days.
How were Core & Main’s earnings last quarter?
Core & Main released its earnings results on Sep 09, 2026. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.909 by $0.031.
Is Core & Main overvalued?
According to Wall Street analysts Core & Main’s price is currently Undervalued.
Does Core & Main pay dividends?
Core & Main does not currently pay dividends.
What is Core & Main’s EPS estimate?
Core & Main’s EPS estimate is 0.92.
How many shares outstanding does Core & Main have?
Core & Main has 184,192,700 shares outstanding.
What happened to Core & Main’s price movement after its last earnings report?
Core & Main reported an EPS of $0.94 in its last earnings report, beating expectations of $0.909. Following the earnings report the stock price went down -5.583%.
Which hedge fund is a major shareholder of Core & Main?
Currently, no hedge funds are holding shares in CNM
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
Core & Main Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$53.64 (23.67% Upside)
$53.64 (23.67% Upside)
Blogger Sentiment
Bullish
CNM Sentiment 63%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 826.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.4%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.96%
12-Months-Change
Fundamentals
Return on Equity
22.82%
Trailing 12-Months
Asset Growth
6.39%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Core & Main
Core & Main, Inc. (CNM) is a leading supplier of vital infrastructure products and services across the United States. The company specializes in providing comprehensive solutions for water, wastewater, storm drainage, and fire protection systems. Their diverse clientele includes local governments (municipalities), privately owned water utilities, and a wide array of professional contractors working on projects in the residential, non-residential (commercial), and public sectors. Core & Main's extensive product range features essential components such as pipes, valves, hydrants, and fittings. For storm drainage needs, they offer systems including corrugated piping, retention basins, inline drains, manholes, grates, and geosynthetics. Their fire protection inventory covers crucial items like fire protection pipes, sprinkler heads, complete fire suppression systems, related accessories, and specialized fabrication services. Additionally, they provide advanced metering products, including smart meter technology, alongside installation services and software solutions. These specialized materials and services are integral to the construction, maintenance, repair, and replacement of critical water and fire protection infrastructure. Established in 1874, Core & Main is headquartered in St. Louis, Missouri.
CNM Company Deck
CNM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a fundamentally positive picture driven by municipal strength, margin improvement, robust cash generation, active share repurchases, accelerating secular growth in smart utility and treatment plant solutions, and an improving M&A pipeline. Offsetting items include soft residential demand, modest organic volume declines, PVC-related headwinds, and some near-term timing and macro uncertainty. On balance, the highlights (margin expansion, cash returns, strategic growth initiatives and reaffirmed guidance) outweigh the lowlights.View all CNM earnings summariesCNM Stock 12 Month Forecast
Average Price Target
$53.64
▲(23.67% Upside)
Technical Analysis
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Ownership Overview
0.18% Insiders
23.63% Mutual Funds
0.87% Other Institutional Investors
47.00% Public Companies and
Individual Investors