Commercial Metals (NYSE: CMC) recently received a number of ratings updates from brokerages and research firms:
- 6/22/2026 – Commercial Metals had its price target raised by Morgan Stanley from $83.00 to $88.00. They now have an “overweight” rating on the stock.
- 6/12/2026 – Commercial Metals was downgraded by Zacks Research from “hold” to “strong sell”.
- 6/9/2026 – Commercial Metals had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 6/5/2026 – Commercial Metals was upgraded by Jefferies Financial Group Inc. from “buy” to “buy”.
- 6/4/2026 – Commercial Metals had its “equal weight” rating reaffirmed by Wells Fargo & Company. They now have a $77.00 price target on the stock.
- 5/29/2026 – Commercial Metals had its price target raised by Morgan Stanley from $75.00 to $83.00. They now have an “overweight” rating on the stock.
- 5/22/2026 – Commercial Metals was upgraded by Deutsche Bank Aktiengesellschaft to “buy”.
- 5/21/2026 – Commercial Metals is now covered by Barclays PLC. They set an “equal weight” rating and a $75.00 price target on the stock.
- 5/21/2026 – Commercial Metals was upgraded by Barclays PLC to “hold”.
- 5/13/2026 – Commercial Metals was upgraded by UBS Group AG from “neutral” to “buy”. They now have a $89.00 price target on the stock, up from $79.00.
Commercial Metals Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, April 6th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. 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. Commercial Metals’s dividend payout ratio (DPR) is currently 17.82%.
In its steelmaking segment, CMC uses electric arc furnace technology to transform recycled scrap into reinforcing bar (rebar), merchant bar, coil and structural products.
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