Commercial Metals (NYSE: CMC) recently received a number of ratings updates from brokerages and research firms:
- 10/20/2026 – Commercial Metals had its price target lowered by Barclays from $80.00 to $72.00. They now have an “equal weight” rating on the stock.
- 10/19/2026 – Commercial Metals had its price target lowered by BMO Capital Markets from $75.00 to $73.00. They now have a “market perform” rating on the stock.
- 10/19/2026 – Commercial Metals had its price target lowered by Morgan Stanley from $88.00 to $84.00. They now have an “overweight” rating on the stock.
- 10/17/2026 – Commercial Metals was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/16/2026 – Commercial Metals was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 10/16/2026 – Commercial Metals had its “underperform” rating reaffirmed by Wells Fargo & Company. They now have a $70.00 price target on the stock.
- 10/9/2026 – Commercial Metals had its price target lowered by JPMorgan Chase & Co. from $83.00 to $80.00. They now have an “overweight” rating on the stock.
- 10/6/2026 – Commercial Metals had its price target lowered by Wells Fargo & Company from $80.00 to $68.00. They now have an “equal weight” rating on the stock.
- 10/2/2026 – Commercial Metals was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 9/11/2026 – Commercial Metals was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/9/2026 – Commercial Metals had its price target lowered by JPMorgan Chase & Co. from $86.00 to $83.00. They now have an “overweight” rating on the stock.
Commercial Metals Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 11th. Shareholders of record on Wednesday, October 28th will be issued a $0.20 dividend. The ex-dividend date is Wednesday, October 28th. This represents a $0.80 annualized dividend and a yield of 1.2%. Commercial Metals’s dividend payout ratio (DPR) is 13.63%.
Insiders Place Their Bets
In other Commercial Metals news, Director John McPherson acquired 1,390 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $71.92 per share, for a total transaction of $99,968.80. Following the transaction, the director owned 21,927 shares in the company, valued at $1,576,989.84. This represents a 6.77% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.62% of the company’s stock.
Commercial Metals Company (NYSE:CMC) is a steel and metals manufacturer, recycler and fabricator headquartered in Irving, Texas. The company produces and sells steel products used in construction, infrastructure and industrial applications, including reinforcing bar, wire rod, merchant bar, structural steel and related products.
CMC operates an integrated recycling and manufacturing model. Its recycling facilities collect and process ferrous and nonferrous scrap metal, which is used as raw material in the company’s electric-arc-furnace steel mills.
Read More
- Five stocks we like better than Commercial Metals
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for Commercial Metals Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commercial Metals Company and related companies with MarketBeat.com's FREE daily email newsletter.
