Zacks Research Weighs in on Commercial Metals' FY2025 Earnings (NYSE:CMC)

Commercial Metals (NYSE:CMC - Free Report) - Analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for Commercial Metals in a research note issued on Tuesday, September 3rd. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $5.36 per share for the year, up from their prior forecast of $5.33. The consensus estimate for Commercial Metals' current full-year earnings is $4.53 per share. Zacks Research also issued estimates for Commercial Metals' Q4 2025 earnings at $1.42 EPS and Q1 2026 earnings at $1.47 EPS.

Commercial Metals (NYSE:CMC - Get Free Report) last posted its earnings results on Thursday, June 20th. The basic materials company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.02. The company had revenue of $2.08 billion during the quarter, compared to analyst estimates of $2.02 billion. Commercial Metals had a return on equity of 14.62% and a net margin of 6.95%. The company's revenue for the quarter was down 11.4% compared to the same quarter last year. During the same period in the previous year, the company earned $2.02 EPS.

A number of other research firms have also recently issued reports on CMC. Bank of America decreased their target price on Commercial Metals from $70.00 to $69.00 and set a "buy" rating for the company in a research note on Wednesday, June 26th. StockNews.com lowered shares of Commercial Metals from a "buy" rating to a "hold" rating in a report on Thursday, June 20th. Finally, Jefferies Financial Group started coverage on shares of Commercial Metals in a research report on Tuesday. They issued a "buy" rating and a $65.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $61.40.

Commercial Metals Trading Down 1.3 %

NYSE CMC traded down $0.68 during trading on Thursday, reaching $50.04. 653,928 shares of the stock traded hands, compared to its average volume of 861,169. Commercial Metals has a fifty-two week low of $39.85 and a fifty-two week high of $61.26. The company has a quick ratio of 2.83, a current ratio of 4.24 and a debt-to-equity ratio of 0.27. The firm has a market cap of $5.75 billion, a price-to-earnings ratio of 10.57 and a beta of 1.17. The stock's 50-day moving average price is $54.77 and its 200 day moving average price is $54.96.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CMC. Vanguard Group Inc. boosted its holdings in shares of Commercial Metals by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 12,641,427 shares of the basic materials company's stock valued at $632,577,000 after buying an additional 191,345 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Commercial Metals by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,611,020 shares of the basic materials company's stock valued at $380,859,000 after acquiring an additional 160,228 shares during the period. Boston Partners increased its stake in shares of Commercial Metals by 23,390.7% during the 1st quarter. Boston Partners now owns 3,076,337 shares of the basic materials company's stock worth $180,752,000 after purchasing an additional 3,063,241 shares during the last quarter. Norges Bank bought a new stake in shares of Commercial Metals in the 4th quarter valued at about $94,722,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Commercial Metals by 4.5% in the 1st quarter. Principal Financial Group Inc. now owns 1,774,666 shares of the basic materials company's stock valued at $104,297,000 after purchasing an additional 76,742 shares during the period. 86.90% of the stock is owned by institutional investors and hedge funds.

Commercial Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 10th. Stockholders of record on Monday, July 1st were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.44%. The ex-dividend date was Monday, July 1st. Commercial Metals's payout ratio is 15.00%.

About Commercial Metals

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.