What is Zacks Research’s Estimate for CMC FY2026 Earnings?

Commercial Metals Company (NYSE:CMC) – Investment analysts at Zacks Research lifted their FY2026 earnings estimates for shares of Commercial Metals in a research report issued on Thursday, July 9th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings per share of $6.62 for the year, up from their previous forecast of $6.39. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $6.63 per share. Zacks Research also issued estimates for Commercial Metals’ Q1 2027 earnings at $1.77 EPS, Q2 2027 earnings at $1.43 EPS, Q3 2027 earnings at $1.81 EPS, Q4 2027 earnings at $2.05 EPS, FY2027 earnings at $7.06 EPS, Q1 2028 earnings at $1.80 EPS, Q2 2028 earnings at $1.51 EPS, Q3 2028 earnings at $1.84 EPS and FY2028 earnings at $7.22 EPS.

Commercial Metals (NYSE:CMC) last released its earnings results on Thursday, June 25th. The basic materials company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.03. The firm had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.40 billion. Commercial Metals had a net margin of 6.72% and a return on equity of 15.69%. The business’s revenue was up 22.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.74 EPS.

Other analysts also recently issued research reports about the company. Wall Street Zen downgraded Commercial Metals from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 4th. Barclays started coverage on Commercial Metals in a research report on Thursday, May 21st. They issued an “equal weight” rating and a $75.00 price target on the stock. JPMorgan Chase & Co. reduced their price objective on Commercial Metals from $83.00 to $78.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. The Goldman Sachs Group began coverage on shares of Commercial Metals in a research note on Wednesday, April 1st. They issued a “neutral” rating and a $74.00 price objective on the stock. Finally, Jefferies Financial Group raised shares of Commercial Metals from a “buy” rating to a “buy” rating in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $79.45.

Commercial Metals Trading Down 0.1%

Commercial Metals stock opened at $62.59 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.54 and a current ratio of 2.33. The business’s 50-day simple moving average is $70.93 and its 200-day simple moving average is $70.75. The firm has a market capitalization of $6.92 billion, a PE ratio of 11.79, a PEG ratio of 0.36 and a beta of 1.54. Commercial Metals has a 52 week low of $49.66 and a 52 week high of $84.87.

Institutional Trading of Commercial Metals

Hedge funds have recently modified their holdings of the company. Global Retirement Partners LLC increased its position in shares of Commercial Metals by 110.7% during the fourth quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after purchasing an additional 301 shares during the period. V Square Quantitative Management LLC bought a new position in Commercial Metals in the fourth quarter worth $54,000. Caitong International Asset Management Co. Ltd lifted its position in Commercial Metals by 617.2% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 716 shares during the period. Los Angeles Capital Management LLC bought a new position in Commercial Metals in the fourth quarter worth $59,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Commercial Metals by 105.0% during the first quarter. EverSource Wealth Advisors LLC now owns 1,222 shares of the basic materials company’s stock worth $75,000 after buying an additional 626 shares in the last quarter. Institutional investors own 86.90% of the company’s stock.

Commercial Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Monday, July 6th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Monday, July 6th. Commercial Metals’s payout ratio is currently 15.07%.

More Commercial Metals News

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

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for Commercial Metals to $6.62 from $6.39, slightly above the $6.59 consensus, suggesting better near-term earnings power.
• Positive Sentiment: The firm also lifted FY2027 earnings expectations to $7.06 per share from $6.57, indicating improving longer-term profitability prospects.
• Positive Sentiment: Out-year estimates were raised as well, including FY2028 EPS to $7.22 from $6.58, which can support a more favorable valuation outlook for CMC.
• Neutral Sentiment: Despite the higher estimates, Zacks Research kept a Strong Sell rating on the stock, so the analyst stance remains cautious overall.

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.