Commercial Metals (CMC) Set to Release Earnings on Thursday

Commercial Metals (NYSE:CMC) is projected to announce its Q4 2026 results before the market opens on Thursday, October 15th. Analysts expect the company to post earnings of $1.95 per share and revenue of $2.56 billion for the quarter. Individuals may review the information on the company’s upcoming Q4 2026 earnings results page for the latest details on the call scheduled for Thursday, October 15, 2026 at 11:00 AM ET.

Commercial Metals Price Performance

Shares of Commercial Metals stock opened at $64.81 on Wednesday. The business’s fifty day moving average price is $67.38 and its 200 day moving average price is $68.23. Commercial Metals has a twelve month low of $53.08 and a twelve month high of $84.87. The company has a current ratio of 2.33, a quick ratio of 1.54 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $7.17 billion, a P/E ratio of 12.20, a PEG ratio of 0.33 and a beta of 1.53.

Commercial Metals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 11th. Shareholders of record on Wednesday, October 28th will be paid a dividend of $0.20 per share. 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 is currently 15.07%.

Commercial Metals announced that its Board of Directors has approved a stock buyback program on Wednesday, August 5th that permits the company to repurchase $600.00 million in shares. This buyback authorization permits the basic materials company to repurchase up to 7.5% of its shares through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director John McPherson purchased 1,390 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average price of $71.92 per share, with a total value of $99,968.80. Following the purchase, the director directly owned 21,927 shares of the company’s stock, valued at approximately $1,576,989.84. This represents a 6.77% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.62% of the company’s stock.

More Commercial Metals News

Here are the key news stories impacting Commercial Metals this week:

• Positive Sentiment: CMC declared a quarterly dividend of $0.20 per share, payable November 11 to shareholders of record on October 28. The payment represents a $0.80 annualized dividend and approximately a 1.2% yield. This marks the company’s 248th consecutive quarterly dividend, reinforcing its track record of returning capital to investors. CMC Announces Quarterly Dividend of $0.20 Per Share
• Positive Sentiment: Zacks Research raised its EPS forecasts across several periods, including Q4 2026 to $1.93 from $1.91, FY2026 to $6.66 from $6.64, FY2027 to $7.21 from $7.18, and FY2028 to $7.39 from $7.36. Smaller increases were also made to multiple quarterly estimates, suggesting slightly improved expectations for CMC’s earnings outlook. Countdown to Commercial Metals Q4 Earnings
• Neutral Sentiment: The dividend was maintained rather than increased, and Zacks retained a “Hold” rating. The modest EPS revisions are constructive but not large enough to signal a material change in the company’s outlook. CMC’s valuation remains relatively moderate, with a reported P/E ratio near 10.5, while its shares remain below their 50-day and 200-day moving averages—factors investors may weigh against the improved estimates.

Analysts Set New Price Targets

Several research firms have recently weighed in on CMC. JPMorgan Chase & Co. reduced their price objective on Commercial Metals from $83.00 to $80.00 and set an “overweight” rating on the stock in a research note on Friday, October 9th. Barclays increased their target price on shares of Commercial Metals from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Bank of America dropped their target price on shares of Commercial Metals from $84.00 to $78.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Zacks Research upgraded shares of Commercial Metals from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $85.00 price target on shares of Commercial Metals in a research report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Commercial Metals currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.27.

Commercial Metals Company Profile

Commercial Metals Company (NYSE: CMC) is a steel and metals manufacturer, fabricator and recycler headquartered in Irving, Texas. Founded in 1915, the company operates a vertically integrated business that collects and processes ferrous scrap, produces steel and supplies products used in construction and infrastructure projects.

CMC’s product portfolio includes reinforcing bar, merchant bar, wire rod, structural components and other steel products. Through its fabrication and construction services, the company also processes and prepares reinforcing steel for commercial, industrial, transportation and other building projects.