FY2026 Earnings Estimate for CMC Issued By KeyCorp

Commercial Metals Company (NYSE:CMC) – Investment analysts at KeyCorp issued their FY2026 EPS estimates for Commercial Metals in a research report issued on Tuesday, January 6th. KeyCorp analyst P. Gibbs forecasts that the basic materials company will post earnings of $7.25 per share for the year. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. KeyCorp also issued estimates for Commercial Metals’ FY2027 earnings at $5.90 EPS.

Commercial Metals (NYSE:CMC) last announced its earnings results on Thursday, October 16th. The basic materials company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.05. Commercial Metals had a net margin of 1.09% and a return on equity of 8.76%. The business had revenue of $2.11 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the prior year, the firm earned $0.90 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year.

Other research analysts also recently issued reports about the company. Bank of America lifted their target price on Commercial Metals from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Monday, September 15th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $84.00 price target on shares of Commercial Metals in a report on Tuesday, December 30th. Zacks Research raised shares of Commercial Metals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 14th. UBS Group restated a “neutral” rating on shares of Commercial Metals in a research report on Monday, October 27th. Finally, Jefferies Financial Group upgraded shares of Commercial Metals from a “hold” rating to a “buy” rating and raised their target price for the stock from $70.00 to $78.00 in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.30.

Commercial Metals Stock Down 1.7%

CMC opened at $73.31 on Thursday. The business has a 50 day moving average price of $65.15 and a two-hundred day moving average price of $59.07. The company has a quick ratio of 2.03, a current ratio of 2.78 and a debt-to-equity ratio of 0.31. The company has a market cap of $8.14 billion, a PE ratio of 96.46, a P/E/G ratio of 0.41 and a beta of 1.49. Commercial Metals has a 52 week low of $37.92 and a 52 week high of $75.03.

Commercial Metals Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 19th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, January 16th. Commercial Metals’s payout ratio is presently 94.74%.

Insider Buying and Selling at Commercial Metals

In related news, Director John R. Mcpherson purchased 1,722 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was acquired at an average price of $58.09 per share, for a total transaction of $100,030.98. Following the acquisition, the director directly owned 6,722 shares of the company’s stock, valued at $390,480.98. This trade represents a 34.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.62% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its stake in shares of Commercial Metals by 2.3% during the 3rd quarter. Blue Trust Inc. now owns 7,867 shares of the basic materials company’s stock worth $451,000 after acquiring an additional 180 shares in the last quarter. Spire Wealth Management raised its holdings in Commercial Metals by 42.4% during the third quarter. Spire Wealth Management now owns 615 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 183 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in Commercial Metals by 4.0% during the third quarter. Ashton Thomas Private Wealth LLC now owns 4,755 shares of the basic materials company’s stock worth $272,000 after purchasing an additional 184 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Commercial Metals by 2.9% during the third quarter. Quadrant Capital Group LLC now owns 6,626 shares of the basic materials company’s stock worth $380,000 after purchasing an additional 188 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in Commercial Metals by 4.4% in the second quarter. Captrust Financial Advisors now owns 4,813 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 202 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

About Commercial Metals

Commercial Metals Company (NYSE: CMC) is a leading global steel and metal recycler, manufacturer and fabricator based in Irving, Texas. The company operates an integrated network of scrap recycling facilities, electric arc furnace steel mills, metal fabrication plants and distribution centers. Through these operations, Commercial Metals collects and processes ferrous scrap to produce finished steel products and provides recycled metal to a variety of end markets.

In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.