Commercial Metals (NYSE: CMC) recently received a number of ratings updates from brokerages and research firms:
- 8/7/2026 – Commercial Metals had its price target raised by Barclays PLC from $75.00 to $80.00. They now have an “equal weight” rating on the stock.
- 8/6/2026 – Commercial Metals had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $85.00 price target on the stock.
- 8/6/2026 – Commercial Metals had its price target raised by BMO Capital Markets from $77.00 to $80.00. They now have a “market perform” rating on the stock.
- 7/30/2026 – Commercial Metals was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 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”.
Commercial Metals Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Monday, July 6th were given a $0.20 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.80 annualized dividend and a yield of 1.1%. Commercial Metals’s dividend payout ratio is 15.07%.
Insider Activity at Commercial Metals
In other Commercial Metals news, CEO Peter R. Matt bought 8,230 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was acquired at an average price of $61.30 per share, for a total transaction of $504,499.00. Following the completion of the purchase, the chief executive officer owned 181,522 shares of the company’s stock, valued at approximately $11,127,298.60. This represents a 4.75% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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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