Zacks Research Brokers Boost Earnings Estimates for CMC

Commercial Metals Company (NYSE:CMC) – Research analysts at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for Commercial Metals in a report issued on Thursday, January 22nd. Zacks Research analyst Team now anticipates that the basic materials company will post earnings of $1.24 per share for the quarter, up from their prior forecast of $0.72. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $2.27 EPS, FY2026 earnings at $7.26 EPS, Q1 2027 earnings at $1.63 EPS, Q2 2027 earnings at $1.21 EPS, Q3 2027 earnings at $1.68 EPS, Q4 2027 earnings at $2.10 EPS, FY2027 earnings at $6.63 EPS, Q1 2028 earnings at $1.68 EPS and FY2028 earnings at $7.15 EPS.

Several other brokerages also recently weighed in on CMC. Jefferies Financial Group set a $85.00 target price on Commercial Metals and gave the company a “buy” rating in a research note on Thursday, January 8th. UBS Group reiterated a “neutral” rating on shares of Commercial Metals in a research note on Monday, October 27th. Wall Street Zen upgraded Commercial Metals from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Citigroup upped their price objective on Commercial Metals from $65.00 to $85.00 and gave the company a “buy” rating in a report on Monday, January 12th. Finally, Morgan Stanley raised their target price on shares of Commercial Metals from $68.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $72.70.

Commercial Metals Stock Up 0.3%

Shares of CMC stock opened at $77.57 on Monday. The company has a market capitalization of $8.60 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 0.41 and a beta of 1.49. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.70 and a current ratio of 4.47. Commercial Metals has a twelve month low of $37.92 and a twelve month high of $79.61. The stock’s 50 day simple moving average is $68.97 and its 200 day simple moving average is $61.15.

Commercial Metals (NYSE:CMC) last posted its quarterly earnings results on Thursday, January 8th. The basic materials company reported $1.84 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.29. The company had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $2.06 billion. Commercial Metals had a return on equity of 11.43% and a net margin of 5.46%.The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the business earned $0.78 EPS.

Hedge Funds Weigh In On Commercial Metals

Hedge funds and other institutional investors have recently modified their holdings of the business. Root Financial Partners LLC acquired a new position in shares of Commercial Metals during the third quarter worth $25,000. Rothschild Investment LLC increased its stake in Commercial Metals by 169.6% during the 3rd quarter. Rothschild Investment LLC now owns 515 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 324 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in Commercial Metals by 282.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 692 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 511 shares in the last quarter. Spire Wealth Management boosted its holdings in Commercial Metals by 42.4% during the 3rd quarter. Spire Wealth Management now owns 615 shares of the basic materials company’s stock worth $35,000 after acquiring an additional 183 shares during the last quarter. Finally, Signaturefd LLC increased its stake in Commercial Metals by 51.4% in the 2nd quarter. Signaturefd LLC now owns 890 shares of the basic materials company’s stock valued at $44,000 after buying an additional 302 shares during the last quarter. Institutional investors own 86.90% of the company’s stock.

Insiders Place Their Bets

In other Commercial Metals news, Director Dennis V. Arriola acquired 2,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was purchased at an average price of $74.69 per share, with a total value of $149,380.00. Following the acquisition, the director directly owned 9,238 shares of the company’s stock, valued at approximately $689,986.22. This trade represents a 27.63% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.62% of the stock is owned by company insiders.

Commercial Metals Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.9%. Commercial Metals’s dividend payout ratio (DPR) is 18.56%.

Trending Headlines about Commercial Metals

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

• Positive Sentiment: Director insider purchase of $149,380 signals management confidence; insider buying often supports sentiment and can attract momentum buying. Insider Buying: Commercial Metals (NYSE:CMC) Director Purchases $149,380.00 in Stock
• Positive Sentiment: Zacks Research issued a sweep of upward EPS revisions and a “Strong‑Buy” rating — raising FY2026 to $7.26 (from $4.30), FY2027 to $6.63 (from $4.82), and FY2028 to $7.15, and boosting multiple quarterly estimates (examples: Q1 2026 to $1.68, Q3 2026 to $1.91, Q4 2026 to $2.27). Those larger earnings projections can justify higher multiple expansion and support the stock.
• Neutral Sentiment: Consensus and model dispersion: the broader consensus cited in these reports (~$3.09 current-year EPS) remains below Zacks’ more aggressive forecasts — this divergence introduces execution and cyclical risk if demand or scrap/steel spreads normalize. Investors should watch incoming quarterly results and margin drivers (metal spreads, scrap costs, construction demand) for confirmation.

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.