What is Zacks Research’s Estimate for CMC FY2026 Earnings?

Commercial Metals Company (NYSE:CMC) – Equities researchers at Zacks Research raised their FY2026 earnings per share (EPS) estimates for Commercial Metals in a report released on Friday, July 24th. Zacks Research analyst Team now forecasts that the basic materials company will post earnings of $6.64 per share for the year, up from their prior forecast of $6.62. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Commercial Metals’ current full-year earnings is $6.64 per share. Zacks Research also issued estimates for Commercial Metals’ Q4 2026 earnings at $1.91 EPS, Q2 2027 earnings at $1.44 EPS, Q3 2027 earnings at $1.82 EPS, Q1 2028 earnings at $1.81 EPS, Q2 2028 earnings at $1.53 EPS, Q3 2028 earnings at $1.85 EPS and FY2028 earnings at $7.27 EPS.

A number of other research firms also recently weighed in on CMC. Morgan Stanley lifted their target price on Commercial Metals from $83.00 to $88.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Barclays assumed coverage on shares of Commercial Metals in a research note on Thursday, May 21st. They issued an “equal weight” rating and a $75.00 price target on the stock. The Goldman Sachs Group began coverage on shares of Commercial Metals in a research report on Wednesday, April 1st. They set a “neutral” rating and a $74.00 price target on the stock. Wall Street Zen cut shares of Commercial Metals from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 4th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Commercial Metals to a “buy” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Commercial Metals has an average rating of “Moderate Buy” and a consensus target price of $79.45.

Commercial Metals Stock Performance

Shares of NYSE CMC opened at $70.47 on Monday. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.33 and a quick ratio of 1.54. The stock’s fifty day moving average price is $70.12 and its two-hundred day moving average price is $70.41. Commercial Metals has a one year low of $49.66 and a one year high of $84.87. The firm has a market cap of $7.80 billion, a price-to-earnings ratio of 13.27, a P/E/G ratio of 0.39 and a beta of 1.54.

Commercial Metals (NYSE:CMC) last announced its earnings results on Thursday, June 25th. The basic materials company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.03. The company had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.40 billion. Commercial Metals had a return on equity of 15.69% and a net margin of 6.72%.The firm’s quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.74 earnings per share.

Commercial Metals Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, July 6th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, July 6th. Commercial Metals’s dividend payout ratio is 15.07%.

Insider Activity at Commercial Metals

In related news, CEO Peter R. Matt purchased 8,230 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were bought at an average price of $61.30 per share, for a total transaction of $504,499.00. Following the completion of the transaction, the chief executive officer owned 181,522 shares of the company’s stock, valued at approximately $11,127,298.60. This trade represents a 4.75% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Commercial Metals

Large investors have recently bought and sold shares of the company. Global Retirement Partners LLC raised its position in shares of Commercial Metals by 110.7% in the 4th quarter. Global Retirement Partners LLC now owns 573 shares of the basic materials company’s stock valued at $40,000 after buying an additional 301 shares in the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Commercial Metals during the 4th quarter worth approximately $54,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Commercial Metals by 617.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 832 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 716 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in Commercial Metals in the fourth quarter valued at approximately $59,000. Finally, EverSource Wealth Advisors LLC increased its stake in Commercial Metals by 105.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,222 shares of the basic materials company’s stock valued at $75,000 after acquiring an additional 626 shares during the last quarter. 86.90% of the stock is currently owned by institutional investors and hedge funds.

Commercial Metals Company Profile

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.