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Commercial Metals (CMC) Stock

Profile

Full Name:

Commercial Metals Company

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

$48.69

TTM Dividend Yield

1.48%(+18.40% YoY)

Annual Revenue

$7.93 B(-9.93% YoY)

Annual EPS

$4.14(-42.90% YoY)

PE Ratio

43.86(+462.31% YoY)

Beta

1.25

Events Calendar

Earnings

Next earnings date:

Mar 21, 2025

Recent quarterly earnings:

Jan 06, 2025

Recent annual earnings:

Oct 17, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 16, 2025
Splits

Next split:

N/A

Recent split:

May 23, 2006

Analyst ratings

Recent major analysts updates

10 Jan '25 UBS
Neutral
06 Jan '25 Jefferies
Buy
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

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Institutional Ownership

CMC Metals Ltd. Clarifies Technical Disclosure For Canadian NI 43-101 Compliance
CMC Metals Ltd. Clarifies Technical Disclosure For Canadian NI 43-101 Compliance
CMC Metals Ltd. Clarifies Technical Disclosure For Canadian NI 43-101 Compliance
CMC
globenewswire.com31 January 2025

VANCOUVER, British Columbia, Jan. 31, 2025 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) (“CMC” or the “Company”) has announced that, following a review by the British Columbia Securities Commission (“BCSC”), it is providing this news to clarify earlier information about the 2024 Technical Report on the Silver Hart Property in Yukon.

CMC Clarifies Its Research Reporting
CMC Clarifies Its Research Reporting
CMC Clarifies Its Research Reporting
CMC
globenewswire.com17 January 2025

VANCOUVER, British Columbia, Jan. 17, 2025 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) (“CMC” or the “Company”) is providing more details about its agreement with Fundamental Research Corporation (“FRC”) and the work that came from that agreement, which was announced on January 15, 2025.

CMC Releases a New Valuation Report
CMC Releases a New Valuation Report
CMC Releases a New Valuation Report
CMC
globenewswire.com16 January 2025

VANCOUVER, British Columbia, Jan. 16, 2025 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) is happy to share that it has received a new valuation report from Fundamental Research Limited (“FRC”) based in Vancouver.

Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns
Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns
Commercial Metals: Improving Demand, But Supply Growth And Valuation Are Both Concerns
CMC
seekingalpha.com15 January 2025

CMC's fiscal Q1 results were mixed, showing revenue drops and margin challenges, but the North American steel sector did better than expected due to higher prices and effective cost management. While destocking may continue to be a concern for a few more quarters, long-term indicators for non-residential sectors are improving, and highway spending is projected to rise significantly in 2025. Improved results in Europe are likely linked to a recovery in Germany, which I anticipate will happen in late 2025, and the Emerging Business segment offers important access to more profitable downstream services.

CMC Metals Establishes A New Vision for its Future and presents a review of its 2024 Activities
CMC Metals Establishes A New Vision for its Future and presents a review of its 2024 Activities
CMC Metals Establishes A New Vision for its Future and presents a review of its 2024 Activities
CMC
globenewswire.com15 January 2025

VANCOUVER, British Columbia, Jan. 15, 2025 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) is excited to share its new plans for the future and reflect on its achievements in 2024. For more details, you can visit their website at www.cmcmetals.ca in the CEO Corner section for the January 2025 update.

Commercial Metals Q1 Earnings Meet Estimates, Sales Declines Y/Y
Commercial Metals Q1 Earnings Meet Estimates, Sales Declines Y/Y
Commercial Metals Q1 Earnings Meet Estimates, Sales Declines Y/Y
CMC
zacks.com07 January 2025

CMC anticipates that its consolidated financial results for the second quarter of fiscal 2025 will decrease compared to the previous quarter.

Commercial Metals Company (CMC) Q1 2025 Earnings Call Transcript
Commercial Metals Company (CMC) Q1 2025 Earnings Call Transcript
Commercial Metals Company (CMC) Q1 2025 Earnings Call Transcript
CMC
seekingalpha.com06 January 2025

Commercial Metals Company (NYSE:CMC) will hold its Q1 2025 Earnings Conference Call on January 6, 2024, at 11:00 AM ET. The call will feature Peter Matt, the President and CEO, along with Paul Lawrence, the Senior Vice President and CFO. Participants from various financial institutions will also join the discussion.

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.

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 16 January 2025

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 6 January 2025

When does Commercial Metals report earnings?

The next expected earnings date for Commercial Metals is 21 March 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