What is KeyCorp’s Forecast for CMC FY2026 Earnings?

Commercial Metals Company (NYSE:CMC) – Research analysts at KeyCorp issued their FY2026 EPS estimates for Commercial Metals in a research note issued to investors on Tuesday, January 6th. KeyCorp analyst P. Gibbs forecasts that the basic materials company will earn $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 issued its quarterly earnings data on Thursday, January 8th. The basic materials company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.29. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.06 billion. Commercial Metals had a net margin of 5.46% and a return on equity of 11.43%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS.

Several other equities research analysts also recently issued reports on the company. Wells Fargo & Company lifted their price objective on Commercial Metals from $68.00 to $79.00 and gave the stock an “overweight” rating in a report on Monday, December 15th. JPMorgan Chase & Co. raised shares of Commercial Metals from a “neutral” rating to an “overweight” rating and upped their price target for the company from $64.00 to $78.00 in a report on Friday, December 5th. UBS Group reiterated a “neutral” rating on shares of Commercial Metals in a research note on Monday, October 27th. Morgan Stanley boosted their target price on shares of Commercial Metals from $68.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $84.00 target price on shares of Commercial Metals in a research note on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $70.70.

Commercial Metals Stock Up 2.7%

Shares of NYSE CMC opened at $72.52 on Thursday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.03 and a current ratio of 4.47. Commercial Metals has a 1 year low of $37.92 and a 1 year high of $75.03. The stock’s 50-day simple moving average is $65.63 and its 200-day simple moving average is $59.31. The firm has a market cap of $8.05 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 0.39 and a beta of 1.49.

Hedge Funds Weigh In On Commercial Metals

Several institutional investors have recently made changes to their positions in CMC. Root Financial Partners LLC bought a new stake in shares of Commercial Metals in the 3rd quarter worth approximately $25,000. Rothschild Investment LLC increased its position in Commercial Metals by 169.6% in the third quarter. Rothschild Investment LLC now owns 515 shares of the basic materials company’s stock worth $29,000 after buying an additional 324 shares during the period. SBI Securities Co. Ltd. lifted its stake in Commercial Metals by 282.3% in the second quarter. SBI Securities Co. Ltd. now owns 692 shares of the basic materials company’s stock valued at $34,000 after buying an additional 511 shares during the last quarter. Spire Wealth Management boosted its holdings in shares of Commercial Metals by 42.4% during the third quarter. Spire Wealth Management now owns 615 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 183 shares during the period. Finally, Signaturefd LLC boosted its holdings in shares of Commercial Metals by 51.4% during the second quarter. Signaturefd LLC now owns 890 shares of the basic materials company’s stock valued at $44,000 after acquiring an additional 302 shares during the period. 86.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Commercial Metals news, Director John R. Mcpherson bought 1,722 shares of the business’s stock in a transaction on Monday, October 20th. The shares were purchased at an average price of $58.09 per share, with a total value of $100,030.98. Following the completion of the acquisition, the director directly owned 6,722 shares of the company’s stock, valued at approximately $390,480.98. The trade was a 34.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.62% of the stock is currently owned by company insiders.

Commercial Metals Announces Dividend

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

Commercial Metals News Summary

Here are the key news stories impacting Commercial Metals this week:

• Positive Sentiment: Q1 results beat and strong underlying profitability — CMC reported GAAP net earnings of $177.3M (GAAP EPS $1.58) and adjusted EPS $1.84, with revenue of $2.12B and consolidated core EBITDA of $316.9M (up ~52% y/y) and a 14.9% core EBITDA margin. These headline beats and margin expansion are the main drivers of the stock strength. PR Newswire: CMC Reports First Quarter of Fiscal 2026 Results
• Positive Sentiment: Strategic initiatives and M&A support growth thesis — Management cited progress on the “TAG” (Transform, Advance, Grow) program with a goal of $150M annualized EBITDA benefit, and closed acquisitions (CP&P and Foley) to build a precast/construction platform, deploying >$2.5B of capital. These moves point to higher organic and inorganic growth potential. PR Newswire: CMC Reports First Quarter of Fiscal 2026 Results
• Positive Sentiment: Analyst/upside momentum — CMC appears on Zacks’ list of top growth picks and a favorable Zacks piece highlights reasons to consider CMC as a growth stock, supporting short-term buying interest. Zacks: 3 Reasons Why CMC Is a Solid Choice
• Neutral Sentiment: Earnings call/transcripts available — Transcripts from the Q1 call provide more color on volumes, pricing and margin outlook; they confirm management’s execution but don’t add a material surprise beyond the results. InsiderMonkey: Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Industry press notes margin improvement — RecyclingToday and other trade outlets reported wider margins and improved profits in late‑2025 for CMC, reinforcing the narrative but largely echoing the company release. RecyclingToday: CMC reports profits, wider margins in late 2025
• Negative Sentiment: Valuation and uncertainty — The stock now trades at a high P/E (~95x) and trading volume is below average, which could cap near‑term upside if growth expectations slip. Also, analyst FY estimate dispersion (some very aggressive forecasts) raises execution risk if the company fails to sustain the improved margins.

Commercial Metals Company Profile

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.