Zacks Research Cuts Earnings Estimates for Commercial Metals

Commercial Metals (NYSE:CMC - Free Report) - Equities researchers at Zacks Research decreased their Q4 2025 earnings per share estimates for shares of Commercial Metals in a report released on Wednesday, February 26th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings of $1.12 per share for the quarter, down from their previous forecast of $1.17. The consensus estimate for Commercial Metals' current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals' Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.48 EPS, FY2026 earnings at $4.32 EPS, Q1 2027 earnings at $1.06 EPS and FY2027 earnings at $4.45 EPS.

Commercial Metals (NYSE:CMC - Get Free Report) last posted its quarterly earnings results on Monday, January 6th. The basic materials company reported $0.78 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.78. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.85 billion. Commercial Metals had a return on equity of 9.88% and a net margin of 1.70%. Commercial Metals's quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.49 EPS.

A number of other equities analysts have also weighed in on the company. BNP Paribas lowered Commercial Metals from an "outperform" rating to a "neutral" rating in a research report on Friday, January 3rd. BMO Capital Markets decreased their target price on Commercial Metals from $62.00 to $58.00 and set a "market perform" rating for the company in a research report on Friday, January 3rd. UBS Group raised Commercial Metals from a "sell" rating to a "neutral" rating and decreased their target price for the stock from $56.00 to $54.00 in a research report on Friday, January 10th. Morgan Stanley decreased their target price on Commercial Metals from $65.00 to $56.00 and set an "equal weight" rating for the company in a research report on Monday, February 3rd. Finally, Jefferies Financial Group decreased their target price on Commercial Metals from $65.00 to $62.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $62.33.

Commercial Metals Stock Up 0.8 %

Shares of CMC traded up $0.39 during trading hours on Friday, hitting $48.83. The company had a trading volume of 386,324 shares, compared to its average volume of 1,084,731. The firm has a fifty day moving average price of $49.89 and a 200-day moving average price of $53.54. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.94 and a current ratio of 2.76. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 43.99, a P/E/G ratio of 2.62 and a beta of 1.18. Commercial Metals has a 52-week low of $45.50 and a 52-week high of $64.53.

Institutional Investors Weigh In On Commercial Metals

A number of large investors have recently made changes to their positions in CMC. State Street Corp grew its stake in shares of Commercial Metals by 0.4% during the 3rd quarter. State Street Corp now owns 5,830,412 shares of the basic materials company's stock valued at $320,439,000 after acquiring an additional 24,665 shares during the period. Boston Partners grew its stake in shares of Commercial Metals by 6.4% during the 4th quarter. Boston Partners now owns 4,055,150 shares of the basic materials company's stock valued at $201,178,000 after acquiring an additional 243,921 shares during the period. Geode Capital Management LLC grew its stake in shares of Commercial Metals by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 2,839,601 shares of the basic materials company's stock valued at $156,093,000 after acquiring an additional 28,019 shares during the period. Victory Capital Management Inc. grew its stake in shares of Commercial Metals by 11.3% during the 4th quarter. Victory Capital Management Inc. now owns 2,422,427 shares of the basic materials company's stock valued at $120,152,000 after acquiring an additional 245,468 shares during the period. Finally, Franklin Resources Inc. grew its stake in shares of Commercial Metals by 87.0% during the 4th quarter. Franklin Resources Inc. now owns 1,919,445 shares of the basic materials company's stock valued at $95,204,000 after acquiring an additional 893,094 shares during the period. 86.90% of the stock is currently owned by institutional investors.

Commercial Metals Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Thursday, January 16th were paid a dividend of $0.18 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.47%. Commercial Metals's dividend payout ratio is currently 64.86%.

Commercial Metals Company Profile

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.