Zacks Research Analysts Lower Earnings Estimates for CMC

Commercial Metals (NYSE:CMC) – Research analysts at Zacks Research cut their Q2 2025 earnings estimates for shares of Commercial Metals in a note issued to investors on Wednesday, February 26th. Zacks Research analyst S. Deb now anticipates that the basic materials company will post earnings of $0.35 per share for the quarter, down from their previous estimate of $0.59. 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 $0.61 EPS and FY2025 earnings at $2.86 EPS.

A number of other research firms have also recently weighed in on CMC. BNP Paribas cut shares of Commercial Metals from an “outperform” rating to a “neutral” rating in a report on Friday, January 3rd. Morgan Stanley reduced their price target on shares of 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. BMO Capital Markets dropped their price objective on Commercial Metals from $62.00 to $58.00 and set a “market perform” rating on the stock in a report on Friday, January 3rd. Jefferies Financial Group cut 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. Finally, The Goldman Sachs Group initiated coverage on Commercial Metals in a research report on Monday, December 2nd. They issued a “buy” rating and a $75.00 target price for the company. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $62.33.

Commercial Metals Price Performance

CMC stock opened at $45.36 on Monday. The business has a 50 day moving average price of $49.73 and a 200 day moving average price of $53.42. The company has a quick ratio of 1.94, a current ratio of 2.76 and a debt-to-equity ratio of 0.29. The stock has a market cap of $5.15 billion, a price-to-earnings ratio of 40.86, a PEG ratio of 2.62 and a beta of 1.18. Commercial Metals has a fifty-two week low of $43.81 and a fifty-two week high of $64.53.

Commercial Metals (NYSE:CMC) last announced its quarterly earnings results on Monday, January 6th. The basic materials company reported $0.78 earnings per share (EPS) 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 company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the previous year, the business earned $1.49 EPS. Commercial Metals’s revenue for the quarter was down 4.7% on a year-over-year basis.

Commercial Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Thursday, January 16th were given a $0.18 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.72 dividend on an annualized basis and a yield of 1.59%. Commercial Metals’s dividend payout ratio (DPR) is 64.86%.

Hedge Funds Weigh In On Commercial Metals

Institutional investors have recently bought and sold shares of the company. Park Square Financial Group LLC acquired a new position in shares of Commercial Metals during the fourth quarter worth about $33,000. Heck Capital Advisors LLC purchased a new position in shares of Commercial Metals during the 4th quarter worth approximately $34,000. V Square Quantitative Management LLC lifted its holdings in shares of Commercial Metals by 60.7% in the 4th quarter. V Square Quantitative Management LLC now owns 707 shares of the basic materials company’s stock valued at $35,000 after buying an additional 267 shares during the period. South Plains Financial Inc. purchased a new stake in shares of Commercial Metals in the fourth quarter valued at approximately $73,000. Finally, Jones Financial Companies Lllp grew its holdings in Commercial Metals by 22.0% during the fourth quarter. Jones Financial Companies Lllp now owns 1,646 shares of the basic materials company’s stock worth $82,000 after acquiring an additional 297 shares during the period. 86.90% of the stock is owned by institutional investors and hedge funds.

About Commercial Metals

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.