Commercial Metals (NYSE:CMC – Get Free Report) is projected to announce its Q4 2026 results before the market opens on Thursday, October 15th. Analysts expect Commercial Metals to post earnings of $1.95 per share and revenue of $2.56 billion for the quarter. Investors can check the company’s upcoming Q4 2026 earnings report for the latest details on the call scheduled for Thursday, October 15, 2026 at 11:00 AM ET.
Commercial Metals Price Performance
Shares of CMC stock opened at $64.16 on Tuesday. The company has a quick ratio of 1.54, a current ratio of 2.33 and a debt-to-equity ratio of 0.73. Commercial Metals has a twelve month low of $53.08 and a twelve month high of $84.87. The company has a market cap of $7.10 billion, a P/E ratio of 12.08, a P/E/G ratio of 0.33 and a beta of 1.53. The business has a fifty day simple moving average of $67.54 and a 200 day simple moving average of $68.21.
Commercial Metals announced that its board has authorized a stock repurchase plan on Wednesday, August 5th that allows the company to buy back $600.00 million in shares. This repurchase authorization allows the basic materials company to purchase up to 7.5% of its shares through open market purchases. Share repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.
Insider Activity
Wall Street Analysts Forecast Growth
CMC has been the topic of a number of recent analyst reports. Bank of America decreased their target price on Commercial Metals from $84.00 to $78.00 and set a “buy” rating on the stock in a research report on Thursday, July 9th. BNP Paribas Exane raised shares of Commercial Metals from a “neutral” rating to an “outperform” rating and set a $75.00 target price for the company in a report on Wednesday, July 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $85.00 target price on shares of Commercial Metals in a report on Thursday, August 6th. Morgan Stanley raised their price target on shares of Commercial Metals from $83.00 to $88.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Commercial Metals from $83.00 to $80.00 and set an “overweight” rating on the stock in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $80.27.
Get Our Latest Stock Report on CMC
Commercial Metals Company Profile
Commercial Metals Company (NYSE: CMC) is a steel and metals manufacturer, fabricator and recycler headquartered in Irving, Texas. Founded in 1915, the company operates a vertically integrated business that collects and processes ferrous scrap, produces steel and supplies products used in construction and infrastructure projects.
CMC’s product portfolio includes reinforcing bar, merchant bar, wire rod, structural components and other steel products. Through its fabrication and construction services, the company also processes and prepares reinforcing steel for commercial, industrial, transportation and other building projects.
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