Zacks Research Predicts Lower Earnings for Commercial Metals

Commercial Metals (NYSE:CMC) – Stock analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for shares of Commercial Metals in a research note issued on Tuesday, March 18th. Zacks Research analyst S. Deb now expects that the basic materials company will post earnings per share of $0.31 for the quarter, down from their previous 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.

Commercial Metals (NYSE:CMC) last posted its quarterly earnings data on Thursday, March 20th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.73 billion. Commercial Metals had a return on equity of 9.88% and a net margin of 1.70%. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.88 earnings per share.

CMC has been the subject of several other research reports. Jefferies Financial Group reduced their target price on shares of Commercial Metals from $65.00 to $62.00 and set a “buy” rating for the company in a report on Monday, January 6th. BMO Capital Markets reduced their price objective on shares of Commercial Metals from $58.00 to $54.00 and set a “market perform” rating for the company in a research note on Friday. UBS Group upgraded Commercial Metals from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $56.00 to $54.00 in a report on Friday, January 10th. The Goldman Sachs Group started coverage on Commercial Metals in a research note on Monday, December 2nd. They issued a “buy” rating and a $75.00 price target for the company. Finally, Morgan Stanley lowered their price target on Commercial Metals from $56.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday, March 7th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $61.17.

Commercial Metals Trading Down 1.5 %

NYSE:CMC opened at $46.67 on Thursday. The company has a quick ratio of 1.94, a current ratio of 2.76 and a debt-to-equity ratio of 0.29. Commercial Metals has a twelve month low of $42.62 and a twelve month high of $64.53. The company has a market cap of $5.30 billion, a P/E ratio of 42.04, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. The business has a 50 day moving average price of $48.86 and a two-hundred day moving average price of $52.72.

Commercial Metals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Monday, March 31st will be given a $0.18 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.54%. Commercial Metals’s payout ratio is 64.86%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CMC. Norges Bank bought a new position in Commercial Metals during the fourth quarter worth $69,261,000. Franklin Resources Inc. lifted its stake in shares of Commercial Metals by 87.0% during the 4th quarter. Franklin Resources Inc. now owns 1,919,445 shares of the basic materials company’s stock worth $95,204,000 after buying an additional 893,094 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Commercial Metals by 122.8% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,245,535 shares of the basic materials company’s stock worth $68,455,000 after buying an additional 686,519 shares during the period. Balyasny Asset Management L.P. grew its stake in Commercial Metals by 15,350.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 568,095 shares of the basic materials company’s stock valued at $28,178,000 after buying an additional 564,418 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its position in Commercial Metals by 58.0% during the third quarter. Thompson Siegel & Walmsley LLC now owns 1,440,531 shares of the basic materials company’s stock worth $79,172,000 after acquiring an additional 528,876 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors.

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.