Zacks Research Has Optimistic Outlook of CMC Q2 Earnings

Commercial Metals Company (NYSE:CMC) – Equities research analysts at Zacks Research upped their Q2 2026 earnings per share estimates for Commercial Metals in a note issued to investors on Thursday, January 22nd. Zacks Research analyst Team now forecasts that the basic materials company will earn $1.24 per share for the quarter, up from their previous estimate of $0.72. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $3.09 per share. Zacks Research also issued estimates for Commercial Metals’ Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $2.27 EPS, FY2026 earnings at $7.26 EPS, Q1 2027 earnings at $1.63 EPS, Q2 2027 earnings at $1.21 EPS, Q3 2027 earnings at $1.68 EPS, Q4 2027 earnings at $2.10 EPS, FY2027 earnings at $6.63 EPS, Q1 2028 earnings at $1.68 EPS and FY2028 earnings at $7.15 EPS.

Several other research firms have also weighed in on CMC. Jefferies Financial Group set a $85.00 price objective on shares of Commercial Metals and gave the stock a “buy” rating in a research note on Thursday, January 8th. Citigroup boosted their price target on Commercial Metals from $65.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Wells Fargo & Company raised their price objective on Commercial Metals from $68.00 to $79.00 and gave the company an “overweight” rating in a research report on Monday, December 15th. Wall Street Zen raised Commercial Metals from a “buy” rating to a “strong-buy” rating in a report on Friday, November 28th. Finally, JPMorgan Chase & Co. raised Commercial Metals from a “neutral” rating to an “overweight” rating and raised their price target for the company from $64.00 to $78.00 in a report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Commercial Metals presently has an average rating of “Moderate Buy” and an average price target of $72.70.

Commercial Metals Stock Performance

NYSE CMC opened at $76.09 on Monday. The firm has a market capitalization of $8.44 billion, a P/E ratio of 19.61, a price-to-earnings-growth ratio of 0.41 and a beta of 1.49. The company has a current ratio of 4.47, a quick ratio of 3.70 and a debt-to-equity ratio of 0.77. The firm’s fifty day moving average price is $69.31 and its two-hundred day moving average price is $61.32. Commercial Metals has a 1 year low of $37.92 and a 1 year high of $79.61.

Commercial Metals (NYSE:CMC) last posted its quarterly earnings results on Thursday, January 8th. The basic materials company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.29. Commercial Metals had a return on equity of 11.43% and a net margin of 5.46%.The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.06 billion. During the same quarter in the previous year, the firm earned $0.78 EPS. The business’s quarterly revenue was up 11.0% on a year-over-year basis.

Institutional Trading of Commercial Metals

Several large investors have recently modified their holdings of CMC. Root Financial Partners LLC acquired a new stake in Commercial Metals during the third quarter worth about $25,000. Rothschild Investment LLC boosted its position in shares of Commercial Metals by 169.6% during the 3rd quarter. Rothschild Investment LLC now owns 515 shares of the basic materials company’s stock worth $29,000 after acquiring an additional 324 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Commercial Metals by 282.3% in the second quarter. SBI Securities Co. Ltd. now owns 692 shares of the basic materials company’s stock valued at $34,000 after acquiring an additional 511 shares during the last quarter. Spire Wealth Management raised its position in Commercial Metals by 42.4% during the third quarter. Spire Wealth Management now owns 615 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 183 shares in the last quarter. Finally, Signaturefd LLC lifted its stake in Commercial Metals by 51.4% during the second quarter. Signaturefd LLC now owns 890 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 302 shares during the last quarter. 86.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Dennis V. Arriola purchased 2,000 shares of Commercial Metals stock in a transaction that occurred on Tuesday, January 20th. The shares were acquired at an average price of $74.69 per share, with a total value of $149,380.00. Following the completion of the transaction, the director directly owned 9,238 shares of the company’s stock, valued at $689,986.22. This represents a 27.63% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.62% of the company’s stock.

Commercial Metals Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 19th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Friday, January 16th. Commercial Metals’s payout ratio is presently 18.56%.

About Commercial Metals

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.