Core & Main (CNM) Projected to Post Quarterly Earnings on Wednesday

Core & Main (NYSE:CNM) is expected to release its Q1 2027 results before the market opens on Wednesday, June 10th. Analysts expect Core & Main to post earnings of $0.5340 per share and revenue of $1.8948 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, June 10, 2026 at 8:30 AM ET.

Core & Main Trading Up 2.8%

CNM opened at $50.47 on Wednesday. Core & Main has a 1-year low of $43.96 and a 1-year high of $67.18. The company has a current ratio of 2.63, a quick ratio of 1.51 and a debt-to-equity ratio of 1.02. The company has a market cap of $9.82 billion, a P/E ratio of 21.85, a price-to-earnings-growth ratio of 1.76 and a beta of 0.91. The company has a fifty day moving average price of $49.46 and a two-hundred day moving average price of $51.82.

Insider Activity

In related news, CFO Robyn L. Bradbury sold 5,000 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $52.54, for a total transaction of $262,700.00. Following the transaction, the chief financial officer directly owned 12,500 shares in the company, valued at approximately $656,750. The trade was a 28.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Hope purchased 1,972 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were purchased at an average price of $50.70 per share, for a total transaction of $99,980.40. Following the completion of the acquisition, the director owned 6,939 shares of the company’s stock, valued at $351,807.30. The trade was a 39.70% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.51% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in Core & Main by 145.4% in the second quarter. EverSource Wealth Advisors LLC now owns 454 shares of the company’s stock valued at $27,000 after acquiring an additional 269 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in Core & Main by 262.0% in the first quarter. Cubist Systematic Strategies LLC now owns 724 shares of the company’s stock valued at $35,000 after acquiring an additional 524 shares during the last quarter. Quarry LP purchased a new position in Core & Main in the fourth quarter valued at about $38,000. Los Angeles Capital Management LLC purchased a new position in Core & Main in the fourth quarter valued at about $44,000. Finally, Wilmington Savings Fund Society FSB raised its position in shares of Core & Main by 47.8% in the third quarter. Wilmington Savings Fund Society FSB now owns 961 shares of the company’s stock valued at $52,000 after purchasing an additional 311 shares during the period. 94.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on CNM. Barclays decreased their price target on shares of Core & Main from $63.00 to $62.00 and set an “overweight” rating for the company in a research note on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Core & Main from $65.00 to $62.00 and set a “buy” rating for the company in a research report on Wednesday, March 25th. Finally, Zacks Research downgraded shares of Core & Main from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $61.64.

About Core & Main

Core & Main, Inc (NYSE:CNM) is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company’s product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.