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Commercial Metals (CMC) Stock

Profile

Industry:

Steel & Iron

Country:

United States

IPO:

17 March 1980

Indexes:

Not included

Description:

Commercial Metals Company is an American metallurgical company. Registered in 1946 in the state of Delaware, Commercial Metals Company and its subsidiaries process and produce steel and metal products, related materials, and services through a network of facilities in the United States and Poland. The North American segment is a vertically integrated network of scrap processing facilities, steel mills, and manufacturing plants. The segment includes 41 scrap processing facilities. The European segment is a vertically integrated network of waste processing facilities, a steel mill, and manufacturing plants located in Poland.

Key Details

Price

$49.29

TTM Dividend Yield

1.42%(+10.08% YoY)

Annual Revenue

$7.93 B(-9.93% YoY)

Annual EPS

$4.14(-42.90% YoY)

PE Ratio

11.91(+57.12% YoY)

Beta

1.22

Events Calendar

Earnings

Next earnings date:

Jan 06, 2025

Recent quarterly earnings:

Oct 17, 2024

Recent annual earnings:

Oct 17, 2024
Dividend

Next ex-dividend date:

Jan 16, 2025

Recent ex-dividend date:

Oct 31, 2024
Splits

Next split:

N/A

Recent split:

May 23, 2006

Analyst ratings

Recent major analysts updates

03 Jan '25 BMO Capital
Market Perform
12 Dec '24 UBS
Sell
02 Dec '24 Goldman Sachs
Buy
09 Oct '24 Wolfe Research
Peer Perform
03 Sept '24 Jefferies
Buy
26 June '24 B of A Securities
Buy
22 Mar '24 BMO Capital
Market Perform
16 Jan '24 UBS
Buy
09 Jan '24 BMO Capital
Market Perform
16 Oct '23 Citigroup
Neutral

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Institutional Ownership

CMC Announces Quarterly Dividend of $0.18 Per Share
CMC Announces Quarterly Dividend of $0.18 Per Share
CMC Announces Quarterly Dividend of $0.18 Per Share
CMC
prnewswire.com02 January 2025

IRVING, Texas, January 2, 2025 /PRNewswire/ -- On January 2, 2025, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) announced a regular quarterly cash dividend of $0.18 for each share of CMC common stock. This marks CMC's 241st consecutive quarterly dividend, which will be distributed on January 30, 2025, to shareholders who are on record as of the end of business on January 16, 2025.

What's in the Offing for Commercial Metals Stock in Q1 Earnings?
What's in the Offing for Commercial Metals Stock in Q1 Earnings?
What's in the Offing for Commercial Metals Stock in Q1 Earnings?
CMC
zacks.com31 December 2024

CMC's financial results for the first quarter are expected to show the effects of weak demand in Europe.

Unlocking Q1 Potential of Commercial Metals (CMC): Exploring Wall Street Estimates for Key Metrics
Unlocking Q1 Potential of Commercial Metals (CMC): Exploring Wall Street Estimates for Key Metrics
Unlocking Q1 Potential of Commercial Metals (CMC): Exploring Wall Street Estimates for Key Metrics
CMC
zacks.com31 December 2024

In addition to Wall Street's predictions for Commercial Metals (CMC) regarding its overall earnings, take a look at forecasts for some important metrics. This will help you better understand how the company performed in the quarter that ended in November 2024.

Analysts Estimate Commercial Metals (CMC) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Commercial Metals (CMC) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Commercial Metals (CMC) to Report a Decline in Earnings: What to Look Out for
CMC
zacks.com30 December 2024

Commercial Metals (CMC) lacks the right mix of the two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

IMUNON Announces Positive CMC Meeting with FDA for IMNN-001 in Treatment of Advanced Ovarian Cancer
IMUNON Announces Positive CMC Meeting with FDA for IMNN-001 in Treatment of Advanced Ovarian Cancer
IMUNON Announces Positive CMC Meeting with FDA for IMNN-001 in Treatment of Advanced Ovarian Cancer
CMC
globenewswire.com19 December 2024

The company has reached an agreement with the FDA on its Chemistry, Manufacturing, and Controls (CMC) strategy for the Phase 3 trial of IMNN-001. This integration of key components ensures a high-quality manufacturing process for the future. They are on schedule to start the Phase 3 trial in the first quarter of 2025.

CMC Announces Shares for Debt Issuance
CMC Announces Shares for Debt Issuance
CMC Announces Shares for Debt Issuance
CMC
globenewswire.com13 December 2024

VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) has announced that, following their news release from April 12, 2024, they have received approval from TSXV. The company is happy to report that it has settled $133,457.02 of its outstanding debt by issuing common shares.

CMC Publishes 2024 Sustainability Report
CMC Publishes 2024 Sustainability Report
CMC Publishes 2024 Sustainability Report
CMC
prnewswire.com12 December 2024

IRVING, Texas, Dec. 12, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) has released its sustainability report for 2024, highlighting its top-notch environmental achievements. This year also celebrates a decade of sustainability reporting for the company.

CMC Announces First Quarter Fiscal 2025 Conference Call Webcast Details
CMC Announces First Quarter Fiscal 2025 Conference Call Webcast Details
CMC Announces First Quarter Fiscal 2025 Conference Call Webcast Details
CMC
prnewswire.com09 December 2024

IRVING, Texas, Dec. 9, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) is inviting you to join its live conference call on the Internet, which will take place on Monday, January 6, 2025, at 11:00 a.m. Eastern Time (10:00 a.m. Central Time), as part of its first quarter earnings announcement for fiscal 2025.

CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025
CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025
CMC Recognized as One of America's Most Responsible Companies by Newsweek for 2025
CMC
prnewswire.com05 December 2024

IRVING, Texas, Dec. 5, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) has been named one of America's Most Responsible Companies for 2025 by Newsweek. This honor is awarded by Newsweek in partnership with Statista Inc., a top provider of statistics and industry rankings.

CMC Announces New Mineral Resource Estimate for the Silver Hart Project
CMC Announces New Mineral Resource Estimate for the Silver Hart Project
CMC Announces New Mineral Resource Estimate for the Silver Hart Project
CMC
globenewswire.com27 November 2024

VANCOUVER, British Columbia, Nov. 27, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) is happy to share an updated Mineral Resource Estimate (MRE) for its Silver Hart Project (SHP), which focuses on silver, lead, and zinc, located in Yukon, Canada.

FAQ

  • What is the primary business of Commercial Metals?
  • What is the ticker symbol for Commercial Metals?
  • Does Commercial Metals pay dividends?
  • What sector is Commercial Metals in?
  • What industry is Commercial Metals in?
  • What country is Commercial Metals based in?
  • When did Commercial Metals go public?
  • Is Commercial Metals in the S&P 500?
  • Is Commercial Metals in the NASDAQ 100?
  • Is Commercial Metals in the Dow Jones?
  • When was Commercial Metals's last earnings report?
  • When does Commercial Metals report earnings?
  • Should I buy Commercial Metals stock now?

What is the primary business of Commercial Metals?

Commercial Metals Company is an American metallurgical company. Registered in 1946 in the state of Delaware, Commercial Metals Company and its subsidiaries process and produce steel and metal products, related materials, and services through a network of facilities in the United States and Poland. The North American segment is a vertically integrated network of scrap processing facilities, steel mills, and manufacturing plants. The segment includes 41 scrap processing facilities. The European segment is a vertically integrated network of waste processing facilities, a steel mill, and manufacturing plants located in Poland.

What is the ticker symbol for Commercial Metals?

The ticker symbol for Commercial Metals is NYSE:CMC

Does Commercial Metals pay dividends?

Yes, Commercial Metals pays dividends. The last payment was $0.18, with an ex-dividend date on 31 October 2024

What sector is Commercial Metals in?

Commercial Metals is in the Basic Materials sector

What industry is Commercial Metals in?

Commercial Metals is in the Steel & Iron industry

What country is Commercial Metals based in?

Commercial Metals is headquartered in United States

When did Commercial Metals go public?

Commercial Metals's initial public offering (IPO) was on 17 March 1980

Is Commercial Metals in the S&P 500?

No, Commercial Metals is not included in the S&P 500 index

Is Commercial Metals in the NASDAQ 100?

No, Commercial Metals is not included in the NASDAQ 100 index

Is Commercial Metals in the Dow Jones?

No, Commercial Metals is not included in the Dow Jones index

When was Commercial Metals's last earnings report?

Commercial Metals's most recent earnings report was on 17 October 2024

When does Commercial Metals report earnings?

The next expected earnings date for Commercial Metals is 6 January 2025

Should I buy Commercial Metals stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions