Commercial Metals (CMC) Projected to Post Quarterly Earnings on Thursday

Commercial Metals (NYSE:CMC) is projected to post its Q3 2026 results before the market opens on Thursday, June 25th. Analysts expect Commercial Metals to post earnings of $1.72 per share and revenue of $2.4016 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, June 25, 2026 at 11:00 AM ET.

Commercial Metals (NYSE:CMC) last announced its quarterly earnings results on Thursday, March 26th. The basic materials company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.28 by ($0.12). Commercial Metals had a net margin of 6.02% and a return on equity of 13.54%. The business had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.10 billion. During the same period last year, the company earned $0.26 EPS. The business’s revenue for the quarter was up 21.5% on a year-over-year basis. On average, analysts expect Commercial Metals to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Commercial Metals Stock Performance

Shares of Commercial Metals stock opened at $73.28 on Thursday. Commercial Metals has a 52 week low of $47.06 and a 52 week high of $84.87. The business’s fifty day simple moving average is $71.05 and its 200-day simple moving average is $70.96. The firm has a market cap of $8.13 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 0.44 and a beta of 1.50. The company has a quick ratio of 1.55, a current ratio of 2.38 and a debt-to-equity ratio of 0.75.

Commercial Metals Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were paid a $0.20 dividend. This is a boost from Commercial Metals’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. Commercial Metals’s dividend payout ratio is currently 17.82%.

Trending Headlines about Commercial Metals

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

• Positive Sentiment: One Zacks update was mildly constructive, with the firm raising its Q2 2027 EPS estimate to $1.36 from $1.33, suggesting slightly better near-term profitability expectations.
• Neutral Sentiment: Most of the recent changes were small downward tweaks rather than major cuts, so the revisions do not point to a dramatic change in the company’s outlook.
• Negative Sentiment: Zacks Research lowered earnings estimates across several future periods and maintained a Strong Sell rating, a combination that may weigh on sentiment toward Commercial Metals Company (NYSE: CMC).

Institutional Trading of Commercial Metals

Several hedge funds have recently modified their holdings of CMC. Qtron Investments LLC purchased a new position in Commercial Metals in the 4th quarter valued at approximately $235,000. Captrust Financial Advisors lifted its stake in shares of Commercial Metals by 4.4% during the second quarter. Captrust Financial Advisors now owns 4,813 shares of the basic materials company’s stock worth $235,000 after purchasing an additional 202 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new position in shares of Commercial Metals during the third quarter worth about $232,000. EntryPoint Capital LLC acquired a new position in shares of Commercial Metals during the fourth quarter worth about $231,000. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of Commercial Metals by 39.9% in the third quarter. CIBC Private Wealth Group LLC now owns 3,497 shares of the basic materials company’s stock worth $200,000 after acquiring an additional 998 shares in the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on CMC shares. UBS Group raised Commercial Metals from a “neutral” rating to a “buy” rating and upped their price target for the company from $79.00 to $89.00 in a research note on Wednesday, May 13th. The Goldman Sachs Group initiated coverage on Commercial Metals in a report on Wednesday, April 1st. They issued a “neutral” rating and a $74.00 price objective on the stock. JPMorgan Chase & Co. cut their price objective on Commercial Metals from $83.00 to $78.00 and set an “overweight” rating on the stock in a report on Tuesday, April 14th. Jefferies Financial Group upgraded Commercial Metals from a “buy” rating to a “buy” rating in a report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded Commercial Metals to a “buy” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $77.10.

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.