A number of firms have modified their ratings and price targets on shares of Commercial Metals (NYSE: CMC) recently:
- 7/9/2026 – Commercial Metals had its price target lowered by Bank of America Corporation from $84.00 to $78.00. They now have a “buy” rating on the stock.
- 7/8/2026 – Commercial Metals was upgraded by BNP Paribas Exane from “neutral” to “outperform”. They now have a $75.00 price target on the stock.
- 7/7/2026 – Commercial Metals had its price target lowered by Citigroup Inc. from $85.00 to $75.00. They now have a “buy” rating on the stock.
- 6/30/2026 – Commercial Metals was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/29/2026 – Commercial Metals had its price target lowered by BMO Capital Markets from $80.00 to $77.00. They now have a “market perform” rating on the stock.
- 6/26/2026 – Commercial Metals had its price target raised by Wells Fargo & Company from $77.00 to $80.00. They now have an “equal weight” rating on the stock.
- 6/22/2026 – Commercial Metals had its price target raised by Morgan Stanley from $83.00 to $88.00. They now have an “overweight” rating on the stock.
- 6/12/2026 – Commercial Metals was downgraded by Zacks Research from “hold” to “strong sell”.
- 6/9/2026 – Commercial Metals had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 6/5/2026 – Commercial Metals was upgraded by Jefferies Financial Group Inc. from “buy” to “buy”.
- 6/4/2026 – Commercial Metals had its “equal weight” rating reaffirmed by Wells Fargo & Company. They now have a $77.00 price target on the stock.
- 5/29/2026 – Commercial Metals had its price target raised by Morgan Stanley from $75.00 to $83.00. They now have an “overweight” rating on the stock.
- 5/22/2026 – Commercial Metals was upgraded by Deutsche Bank Aktiengesellschaft to “buy”.
- 5/21/2026 – Commercial Metals is now covered by Barclays PLC. They set an “equal weight” rating and a $75.00 price target on the stock.
- 5/21/2026 – Commercial Metals was upgraded by Barclays PLC to “hold”.
- 5/13/2026 – Commercial Metals was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $89.00 price target on the stock, up from $79.00.
Commercial Metals Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, July 6th will be given a $0.20 dividend. The ex-dividend date is Monday, July 6th. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. Commercial Metals’s dividend payout ratio is currently 15.07%.
In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.
Read More
- Five stocks we like better than Commercial Metals
- Broadcom’s $30 Billion Apple Deal: This Chip Giant Is About More than Just AI
- IQM’s Nasdaq Debut Could Change the Quantum Race for D-Wave
- Buyer Beware: These 2 Stocks Charts Just Displayed a Death Cross
- PepsiCo’s Dividend Could Turn Patience Into Real Profit
Receive News & Ratings for Commercial Metals Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Metals Company and related companies with MarketBeat.com's FREE daily email newsletter.
