Zacks Research Brokers Decrease Earnings Estimates for CMC

Commercial Metals (NYSE:CMC) – Research analysts at Zacks Research cut their Q4 2025 EPS estimates for shares of Commercial Metals in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst S. Deb now forecasts that the basic materials company will post earnings per share of $1.12 for the quarter, down from their prior forecast of $1.17. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.93 EPS, Q4 2026 earnings at $1.48 EPS, FY2026 earnings at $4.32 EPS, Q1 2027 earnings at $1.06 EPS and FY2027 earnings at $4.45 EPS.

Several other analysts have also recently commented on the stock. Morgan Stanley decreased their price objective on shares of Commercial Metals from $65.00 to $56.00 and set an “equal weight” rating for the company in a research note on Monday, February 3rd. The Goldman Sachs Group started coverage on shares of Commercial Metals in a research note on Monday, December 2nd. They set a “buy” rating and a $75.00 price objective for the company. UBS Group upgraded shares of Commercial Metals from a “sell” rating to a “neutral” rating and decreased their price objective for the company from $56.00 to $54.00 in a research note on Friday, January 10th. BNP Paribas cut shares of Commercial Metals from an “outperform” rating to a “neutral” rating in a research note on Friday, January 3rd. Finally, Jefferies Financial Group decreased their price objective on shares of Commercial Metals from $65.00 to $62.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Commercial Metals has a consensus rating of “Hold” and a consensus price target of $62.33.

Commercial Metals Stock Performance

Shares of NYSE CMC opened at $48.99 on Friday. The company has a current ratio of 2.76, a quick ratio of 1.94 and a debt-to-equity ratio of 0.29. Commercial Metals has a 12 month low of $45.50 and a 12 month high of $64.53. The company has a 50 day simple moving average of $49.93 and a two-hundred day simple moving average of $53.56. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 2.62 and a beta of 1.18.

Commercial Metals (NYSE:CMC) last released its earnings results on Monday, January 6th. The basic materials company reported $0.78 EPS for the quarter, hitting analysts’ consensus estimates of $0.78. The company had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.85 billion. Commercial Metals had a net margin of 1.70% and a return on equity of 9.88%. Commercial Metals’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period last year, the business earned $1.49 EPS.

Institutional Investors Weigh In On Commercial Metals

Several institutional investors and hedge funds have recently added to or reduced their stakes in CMC. Norges Bank purchased a new stake in Commercial Metals in the 4th quarter worth $69,261,000. Franklin Resources Inc. increased its holdings in Commercial Metals by 87.0% in the 4th quarter. Franklin Resources Inc. now owns 1,919,445 shares of the basic materials company’s stock worth $95,204,000 after acquiring an additional 893,094 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Commercial Metals by 122.8% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,245,535 shares of the basic materials company’s stock worth $68,455,000 after acquiring an additional 686,519 shares in the last quarter. Balyasny Asset Management L.P. increased its holdings in Commercial Metals by 15,350.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 568,095 shares of the basic materials company’s stock worth $28,178,000 after acquiring an additional 564,418 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its holdings in Commercial Metals by 58.0% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,440,531 shares of the basic materials company’s stock worth $79,172,000 after acquiring an additional 528,876 shares in the last quarter. Hedge funds and other institutional investors own 86.90% of the company’s stock.

Commercial Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Thursday, January 16th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Thursday, January 16th. Commercial Metals’s payout ratio is presently 64.86%.

Commercial Metals Company Profile

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers.