A number of research firms have changed their ratings and price targets for Commercial Metals (NYSE: CMC):
- 7/13/2026 – Commercial Metals was upgraded by Zacks Research from “strong sell” to “hold”.
- 7/9/2026 – Commercial Metals had its price target lowered by Bank of America Corporation from $84.00 to $78.00. They now have a “buy” rating on the stock.
- 7/8/2026 – Commercial Metals was upgraded by BNP Paribas Exane from “neutral” to “outperform”. They now have a $75.00 price target on the stock.
- 7/7/2026 – Commercial Metals had its price target lowered by Citigroup Inc. from $85.00 to $75.00. They now have a “buy” rating on the stock.
- 6/30/2026 – Commercial Metals was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/29/2026 – Commercial Metals had its price target lowered by BMO Capital Markets from $80.00 to $77.00. They now have a “market perform” rating on the stock.
- 6/26/2026 – Commercial Metals had its price target raised by Wells Fargo & Company from $77.00 to $80.00. They now have an “equal weight” rating on the stock.
- 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.
Commercial Metals Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were paid a dividend of $0.20 per share. The ex-dividend date was Monday, July 6th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Commercial Metals’s dividend payout ratio (DPR) is 15.07%.
Insiders Place Their Bets
In other news, CEO Peter R. Matt purchased 8,230 shares of Commercial Metals stock in a transaction that occurred on Friday, July 10th. The stock was acquired at an average cost of $61.30 per share, for a total transaction of $504,499.00. Following the purchase, the chief executive officer directly owned 181,522 shares of the company’s stock, valued at $11,127,298.60. This trade represents a 4.75% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.62% of the company’s stock.
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.
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