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Commercial MetalsNYSE: CMC

Profile

Industry:

Steel & Iron

Country:

United States

IPO:

17 March 1980

Next earnings report:

08 January 2025

Last dividends:

01 July 2024

Next dividends:

N/A
$6.18 B
-10%vs. 3y high
78%vs. sector
-3%vs. 3y high
29%vs. sector
-26%vs. 3y high
45%vs. sector
-8%vs. 3y high
30%vs. sector

Price

pre-market | 17 min ago
$54.23-$0.92(-1.66%)
$2.00 B$1.87 B
$2.00 B$103.93 M

Analysts recommendations

Institutional Ownership

CMC Latest News

3 Steel Producer Stocks to Watch Amid Industry Headwinds
zacks.com04 November 2024 Sentiment: -

Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. STLD, CMC and SID are well poised to navigate the current challenging environment.

CMC's Attractive Valuation Is An Opportunity To Invest In A Shareholder-Friendly Business
seekingalpha.com01 November 2024 Sentiment: POSITIVE

The firm's NOPAT margin (NOPAT margin/Revenue) has fallen to its lowest level since 2021, to 7.39% compared to 9.76% in 2023. With a stock price of $54 at the time of writing, CMC has a price-to-EBV per share of 1.22. The long-term evolution is one of growing ROIC, from more than 6% in 2019 to just over 9% in 2024.

Commercial Metals Company: Maintaining Bearish Stance On Pricey Valuation & Sustained Growth Struggles
seekingalpha.com01 November 2024 Sentiment: NEGATIVE

Technicals point to a market-top on the intermediate 5-year chart. Sales, earnings & margins decreased meaningfully in fiscal 2024. A no growth environment is also expected in fiscal 2025. Management is selling investors on the TAG program (A program aimed at driving internal efficiencies agressively) but meaningful impacts will take years to develop.

Commercial Metals Earnings Miss Estimates in Q4, Sales Dip Y/Y
zacks.com18 October 2024 Sentiment: NEGATIVE

CMC's Q4 earnings reflect the impacts of lower sales across all segments.

Commercial Metals Company (CMC) Q4 2024 Earnings Call Transcript
seekingalpha.com17 October 2024 Sentiment: POSITIVE

Commercial Metals Company (NYSE:CMC ) Q4 2024 Earnings Call Transcript October 17, 2024 10:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Sathish Kasinathan - Bank of America Katja Jancic - BMO Capital Markets Timna Tanners - Wolfe Research Tristan Gresser - BNP Paribas Exane Phil Gibbs - KeyBanc Capital Markets Operator Hello, and welcome, everyone, to the Fourth Quarter and Fiscal Year 2024 Earnings Call for CMC. Joining me on today's call are Peter Matt, CMC's President and Chief Executive Officer; and Paul Lawrence, Senior Vice President and Chief Financial Officer.

Commercial Metals (CMC) Misses Q4 Earnings and Revenue Estimates
zacks.com17 October 2024 Sentiment: NEGATIVE

Commercial Metals (CMC) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.69 per share a year ago.

CMC Reports Fourth Quarter and Full Year Fiscal 2024 Results
prnewswire.com17 October 2024 Sentiment: POSITIVE

Fourth quarter net earnings of $103.9 million, or $0.90 per diluted share; annual net earnings of $485.5 million, or $4.14 per diluted share Consolidated core EBITDA of $227.1 million in the fourth quarter; core EBITDA margin of 11.4% Solid construction activity provided stability in North America shipment volumes; margins pressured by decline in average steel pricing Tensar achieved its most profitable quarter to date as a division of CMC, driving the Emerging Businesses Group adjusted EBITDA margin to 21.7% in the fourth quarter Successful cost management actions improved Europe Steel Group fourth quarter adjusted EBITDA by $26.5 million on a year-over-year basis despite materially lower volumes and flat metal margins Strong generation of cash flow from operating activities in the fourth quarter and fiscal year 2024 of $351.8 million and $899.7 million, respectively Cash distributions to shareholders in the form of share repurchases and dividends amounted to $261.8 million in fiscal year 2024, an increase of 48% compared to fiscal year 2023 IRVING, Texas , Oct. 17, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal fourth quarter ended August 31, 2024. Net earnings were $103.9 million, or $0.90 per diluted share, on net sales of $2.0 billion, compared to prior year period net earnings of $184.2 million, or $1.56 per diluted share, on net sales of $2.2 billion.

Earnings Preview: Commercial Metals (CMC) Q4 Earnings Expected to Decline
zacks.com10 October 2024 Sentiment: NEGATIVE

Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CMC Metals Ltd. Identifies Drill Targets at Amy and Completes Mapping and Sampling Efforts at Silverknife In Preparation for its Proposed 2025 Drilling Program
globenewswire.com03 October 2024 Sentiment: POSITIVE

VANCOUVER, British Columbia, Oct. 03, 2024 (GLOBE NEWSWIRE) -- CMC Metals Ltd. (TSX-V: CMB) (Frankfurt: ZM5P) (OTCQB: CMCXF) (“CMC” or the “Company”) is pleased to announce that the Company has completed a recent site visit at Amy where drill targets were identified for our proposed 2025 drill program.

CMC Announces Appointment of Kekin Ghelani as Senior Vice President, Chief Strategy Officer
prnewswire.com01 October 2024 Sentiment: POSITIVE

IRVING, Texas , Oct. 1, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company") today announced that the Board of Directors of the Company (the "Board") appointed Kekin Ghelani to serve as the Company's Senior Vice President, Chief Strategy Officer, effective October 1, 2024. In this role, Chief Strategy Officer, Mr.

What type of business is 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 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 from?

Commercial Metals is headquartered in United States

When did Commercial Metals go public?

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

What is Commercial Metals website?

https://www.cmc.com

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 the previous earnings report?

No data

When does Commercial Metals earnings report?

The next expected earnings date for Commercial Metals is 08 January 2025