Analysts Set Commercial Metals Company (NYSE:CMC) PT at $73.00

04 Apr 2026, 01:48 by Scott Moore · The Cerbat Gem

Shares of Commercial Metals Company (NYSE:CMC – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $72.00.

Several brokerages have recently issued reports on CMC. Morgan Stanley boosted their price objective on Commercial Metals from $68.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, January 9th. Weiss Ratings restated a “hold (c)” rating on shares of Commercial Metals in a research report on Wednesday, January 21st. Zacks Research lowered Commercial Metals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Jefferies Financial Group set a $85.00 price objective on shares of Commercial Metals and gave the company a “buy” rating in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Commercial Metals from $85.00 to $83.00 and set an “overweight” rating for the company in a report on Friday, March 27th.

Check Out Our Latest Analysis on Commercial Metals

Commercial Metals Trading Up 0.2%

NYSE:CMC opened at $61.71 on Wednesday. The firm has a market capitalization of $6.84 billion, a P/E ratio of 13.74, a P/E/G ratio of 0.35 and a beta of 1.47. The business has a 50 day simple moving average of $71.11 and a 200 day simple moving average of $66.61. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.38 and a quick ratio of 1.55. Commercial Metals has a 12-month low of $37.92 and a 12-month high of $84.87.

Commercial Metals (NYSE:CMC – Get Free Report) last issued its earnings results on Thursday, March 26th. The basic materials company reported $1.16 earnings per share for the quarter, missing the consensus estimate of $1.28 by ($0.12). The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $2.10 billion. Commercial Metals had a return on equity of 13.54% and a net margin of 6.02%.Commercial Metals’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.26 earnings per share. Equities research analysts predict that Commercial Metals will post 3.09 EPS for the current year.

Commercial Metals Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, April 6th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. This is a positive change from Commercial Metals’s previous quarterly dividend of $0.18. The ex-dividend date is Monday, April 6th. Commercial Metals’s payout ratio is currently 16.04%.

Insiders Place Their Bets

In other news, insider Jennifer J. Durbin sold 25,050 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $79.97, for a total transaction of $2,003,248.50. Following the completion of the transaction, the insider owned 52,880 shares in the company, valued at approximately $4,228,813.60. This trade represents a 32.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Dennis V. Arriola acquired 2,000 shares of the stock in a transaction dated Tuesday, January 20th. The stock was acquired at an average cost of $74.69 per share, for a total transaction of $149,380.00. Following the purchase, the director directly owned 9,238 shares in the company, valued at approximately $689,986.22. The trade was a 27.63% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.62% of the company’s stock.

Institutional Trading of Commercial Metals

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of Commercial Metals by 1.4% in the 1st quarter. Royal Bank of Canada now owns 90,989 shares of the basic materials company’s stock valued at $4,186,000 after acquiring an additional 1,219 shares in the last quarter. Amundi raised its stake in shares of Commercial Metals by 13.3% during the 1st quarter. Amundi now owns 2,480 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 291 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Commercial Metals by 614.9% during the 1st quarter. Jones Financial Companies Lllp now owns 11,767 shares of the basic materials company’s stock valued at $541,000 after buying an additional 10,121 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Commercial Metals by 5.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,033,514 shares of the basic materials company’s stock valued at $47,552,000 after buying an additional 56,875 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Commercial Metals by 1.8% in the 1st quarter. Empowered Funds LLC now owns 53,305 shares of the basic materials company’s stock valued at $2,453,000 after buying an additional 941 shares in the last quarter. 86.90% of the stock is currently owned by institutional investors.

About Commercial Metals

(Get Free Report)

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.