Zacks Research Issues Pessimistic Forecast for CMC Earnings

Commercial Metals (NYSE:CMC) – Analysts at Zacks Research reduced their Q2 2025 earnings per share (EPS) estimates for Commercial Metals in a report released on Tuesday, March 18th. Zacks Research analyst S. Deb now forecasts that the basic materials company will earn $0.31 per share for the quarter, down from their prior forecast of $0.35. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q3 2025 earnings at $0.57 EPS, Q4 2025 earnings at $1.10 EPS, FY2025 earnings at $2.77 EPS, Q1 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.47 EPS, FY2026 earnings at $4.31 EPS and FY2027 earnings at $4.43 EPS.

Several other brokerages also recently issued reports on CMC. UBS Group upgraded Commercial Metals from a “sell” rating to a “neutral” rating and reduced their price objective for the company from $56.00 to $54.00 in a research report on Friday, January 10th. Jefferies Financial Group reduced their target price on Commercial Metals from $65.00 to $62.00 and set a “buy” rating on the stock in a research report on Monday, January 6th. BMO Capital Markets reduced their target price on Commercial Metals from $62.00 to $58.00 and set a “market perform” rating on the stock in a research report on Friday, January 3rd. The Goldman Sachs Group began coverage on Commercial Metals in a research report on Monday, December 2nd. They set a “buy” rating and a $75.00 target price on the stock. Finally, BNP Paribas downgraded Commercial Metals from an “outperform” rating to a “neutral” rating in a research report on Friday, January 3rd. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $61.83.

Commercial Metals Stock Up 1.0 %

Commercial Metals stock opened at $46.82 on Thursday. 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 firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 42.18, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. Commercial Metals has a fifty-two week low of $42.62 and a fifty-two week high of $64.53. The stock’s fifty day moving average is $48.88 and its two-hundred day moving average is $52.81.

Commercial Metals (NYSE:CMC) last announced its quarterly earnings data on Monday, January 6th. The basic materials company reported $0.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.78. Commercial Metals had a return on equity of 9.88% and a net margin of 1.70%. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the prior year, the company posted $1.49 earnings per share. Commercial Metals’s quarterly revenue was down 4.7% on a year-over-year basis.

Institutional Investors Weigh In On Commercial Metals

Large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of Commercial Metals by 6.5% in the third quarter. JPMorgan Chase & Co. now owns 1,081,153 shares of the basic materials company’s stock valued at $59,420,000 after buying an additional 66,092 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Commercial Metals by 1.1% in the third quarter. Principal Financial Group Inc. now owns 1,714,116 shares of the basic materials company’s stock valued at $94,208,000 after buying an additional 17,931 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Commercial Metals by 66.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 71,151 shares of the basic materials company’s stock valued at $3,529,000 after buying an additional 28,297 shares in the last quarter. Vestcor Inc grew its stake in shares of Commercial Metals by 108.0% in the third quarter. Vestcor Inc now owns 18,103 shares of the basic materials company’s stock valued at $995,000 after buying an additional 9,400 shares in the last quarter. Finally, Covea Finance grew its stake in Commercial Metals by 44.2% during the 4th quarter. Covea Finance now owns 62,000 shares of the basic materials company’s stock valued at $3,075,000 after purchasing an additional 19,000 shares in the last quarter. Institutional investors and hedge funds own 86.90% of the company’s stock.

Commercial Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.54%. Commercial Metals’s dividend payout ratio (DPR) is 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.