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Commercial Metals NYSE:CMC Stock Report

Last Price

US$58.28

Market Cap

US$6.7b

7D

4.1%

1Y

22.6%

Updated

27 Mar, 2024

Data

Company Financials +

Commercial Metals Company

NYSE:CMC Stock Report

Market Cap: US$6.7b

CMC Stock Overview

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally.

CMC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Commercial Metals Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Commercial Metals
Historical stock prices
Current Share PriceUS$58.28
52 Week HighUS$59.81
52 Week LowUS$39.85
Beta1.31
1 Month Change6.35%
3 Month Change15.29%
1 Year Change22.62%
3 Year Change88.98%
5 Year Change221.81%
Change since IPO2,860.25%

Recent News & Updates

Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18

Mar 23
Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18

Recent updates

Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18

Mar 23
Commercial Metals (NYSE:CMC) Will Pay A Larger Dividend Than Last Year At $0.18

Improved Earnings Required Before Commercial Metals Company (NYSE:CMC) Shares Find Their Feet

Feb 07
Improved Earnings Required Before Commercial Metals Company (NYSE:CMC) Shares Find Their Feet

Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.16

Jan 09
Commercial Metals (NYSE:CMC) Has Announced A Dividend Of $0.16

Commercial Metals Company: Strong Enough, Even As Peak Profits Normalize

Jan 01

Does Commercial Metals (NYSE:CMC) Have A Healthy Balance Sheet?

Nov 20
Does Commercial Metals (NYSE:CMC) Have A Healthy Balance Sheet?

Calculating The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)

Oct 31
Calculating The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)

Commercial Metals Looking More Interesting After A 25% Pullback

Oct 16

Commercial Metals (NYSE:CMC) Has Affirmed Its Dividend Of $0.16

Oct 13
Commercial Metals (NYSE:CMC) Has Affirmed Its Dividend Of $0.16

Commercial Metals Company: Still Going Strong

Oct 01

Commercial Metals: The Rising Star In A Dynamic Market

Jul 19

Is Commercial Metals (NYSE:CMC) Using Too Much Debt?

Jul 18
Is Commercial Metals (NYSE:CMC) Using Too Much Debt?

Commercial Metals Company: Rock Solid

Jun 26

These 4 Measures Indicate That Commercial Metals (NYSE:CMC) Is Using Debt Reasonably Well

Apr 19
These 4 Measures Indicate That Commercial Metals (NYSE:CMC) Is Using Debt Reasonably Well

Is Now The Time To Put Commercial Metals (NYSE:CMC) On Your Watchlist?

Apr 03
Is Now The Time To Put Commercial Metals (NYSE:CMC) On Your Watchlist?

A Look At The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)

Mar 20
A Look At The Intrinsic Value Of Commercial Metals Company (NYSE:CMC)

Commercial Metals declares $0.16 dividend

Jan 05

Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet

Jan 04
Commercial Metals (NYSE:CMC) Has A Pretty Healthy Balance Sheet

With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case

Dec 20
With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case

Commercial Metals Company Rose 40% In The Last 12 Months; Will Continue To Surge

Oct 30

Commercial Metals (NYSE:CMC) Is Increasing Its Dividend To $0.16

Oct 15
Commercial Metals (NYSE:CMC) Is Increasing Its Dividend To $0.16

Commercial Metals raises dividend by 14% to $0.16/share

Oct 11

Commercial Metals Company (NYSE:CMC) Shares Could Be 34% Below Their Intrinsic Value Estimate

Oct 10
Commercial Metals Company (NYSE:CMC) Shares Could Be 34% Below Their Intrinsic Value Estimate

Is Commercial Metals (NYSE:CMC) A Risky Investment?

Sep 26
Is Commercial Metals (NYSE:CMC) A Risky Investment?

Commercial Metals Company: Very Impressive

Sep 09

With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case

Jul 21
With EPS Growth And More, Commercial Metals (NYSE:CMC) Makes An Interesting Case

Commercial Metals Company (NYSE:CMC) Shares Could Be 35% Below Their Intrinsic Value Estimate

Jul 08
Commercial Metals Company (NYSE:CMC) Shares Could Be 35% Below Their Intrinsic Value Estimate

Commercial Metals Company: Risks Of A Recession Outweigh The Rewards

Jun 18

Commercial Metals Company: A Value Stock With Growth Potential

Apr 03

Increases to CEO Compensation Might Be Put On Hold For Now at Commercial Metals Company (NYSE:CMC)

Jan 06
Increases to CEO Compensation Might Be Put On Hold For Now at Commercial Metals Company (NYSE:CMC)

Shareholder Returns

CMCUS Metals and MiningUS Market
7D4.1%2.1%0.4%
1Y22.6%13.5%28.8%

Return vs Industry: CMC exceeded the US Metals and Mining industry which returned 11.9% over the past year.

Return vs Market: CMC underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is CMC's price volatile compared to industry and market?
CMC volatility
CMC Average Weekly Movement4.4%
Metals and Mining Industry Average Movement8.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: CMC has not had significant price volatility in the past 3 months.

Volatility Over Time: CMC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191513,022Peter Matthttps://www.cmc.com

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.

Commercial Metals Company Fundamentals Summary

How do Commercial Metals's earnings and revenue compare to its market cap?
CMC fundamental statistics
Market capUS$6.74b
Earnings (TTM)US$680.26m
Revenue (TTM)US$8.41b

9.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMC income statement (TTM)
RevenueUS$8.41b
Cost of RevenueUS$6.80b
Gross ProfitUS$1.60b
Other ExpensesUS$922.74m
EarningsUS$680.26m

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.88
Gross Margin19.07%
Net Profit Margin8.09%
Debt/Equity Ratio24.9%

How did CMC perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

11%

Payout Ratio

Does CMC pay a reliable dividends?

See CMC dividend history and benchmarks
When do you need to buy CMC by to receive an upcoming dividend?
Commercial Metals dividend dates
Ex Dividend DateMar 28 2024
Dividend Pay DateApr 10 2024
Days until Ex dividend1 day
Days until Dividend pay date12 days

Does CMC pay a reliable dividends?

See CMC dividend history and benchmarks
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