CMC - Commercial Metals Company

NYSE - NYSE Delayed Price. Currency in USD
16.76
-0.24 (-1.41%)
At close: 4:03PM EST
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Previous Close17.00
Open16.79
Bid0.00 x 40000
Ask0.00 x 2900
Day's Range16.61 - 17.00
52 Week Range15.23 - 26.72
Volume1,636,024
Avg. Volume1,356,644
Market Cap1.972B
Beta (3Y Monthly)1.63
PE Ratio (TTM)16.46
EPS (TTM)1.02
Earnings DateMar 20, 2019 - Mar 25, 2019
Forward Dividend & Yield0.48 (2.94%)
Ex-Dividend Date2019-01-14
1y Target Est21.36
Trade prices are not sourced from all markets
  • Markit18 hours ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    # Commercial Metals Co ### NYSE:CMC View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low and declining * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for CMC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 17. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $1.17 billion over the last one-month into ETFs that hold CMC are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CMC credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • PR Newswire7 days ago

    Commercial Metals Company Announces Expiration and Results of Registered Exchange Offer for Previously Issued 5.750% Senior Notes Due 2026

    IRVING, Texas , Jan. 16, 2019 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced the final results of its previously announced offer to exchange ...

  • Thomson Reuters StreetEvents8 days ago

    Edited Transcript of CMC earnings conference call or presentation 7-Jan-19 4:00pm GMT

    Q1 2019 Commercial Metals Co Earnings Call

  • PR Newswire12 days ago

    Commercial Metals Company Announces Extension of Expiration Date of Registered Exchange Offer for Previously Issued 5.750% Senior Notes Due 2026

    IRVING, Texas, Jan. 11, 2019 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC" or the "Company") today announced that in light of the closing of executive departments and agencies of the U.S. federal government, including the Securities and Exchange Commission (the "SEC"), on Monday, December 24, 2018, the Company has extended the expiration date of its previously announced debt exchange offer to 5:00 p.m., New York City time, on January 15, 2019, unless further extended or earlier terminated (the "Expiration Date"). On December 13, 2018, the Company announced that it was commencing an offer to exchange up to $350.0 million in aggregate principal amount of new 5.750% Senior Notes due 2026 (the "New Notes"), which have been registered under the Securities Act of 1933, as amended, for a like principal amount of unregistered 5.750% Senior Notes due 2026 (the "Old Notes").

  • What To Know Before Buying Commercial Metals Company (NYSE:CMC) For Its Dividend
    Simply Wall St.14 days ago

    What To Know Before Buying Commercial Metals Company (NYSE:CMC) For Its Dividend

    A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. Historically, Commercial Metals Company (NYSE:CMC) has paid dividends to shareholders, Read More...

  • Markit14 days ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    # Commercial Metals Co ### NYSE:CMC View full report here! ## Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is low for CMC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding CMC is favorable, with net inflows of $7.15 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. CMC credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Commercial Metals (CMC) Q1 Earnings Miss Estimates, Up Y/Y
    Zacks15 days ago

    Commercial Metals (CMC) Q1 Earnings Miss Estimates, Up Y/Y

    Commercial Metals (CMC) expects second-quarter fiscal 2019 results to be stronger than the prior years aided by its strategic growth initiatives.

  • Commercial Metals (CMC) Lags Q1 Earnings Estimates
    Zacks16 days ago

    Commercial Metals (CMC) Lags Q1 Earnings Estimates

    Commercial Metals (CMC) delivered earnings and revenue surprises of -7.89% and 0.97%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?

  • The Wall Street Journal16 days ago

    [$$] Commercial Metals Profit Falls on Weather Headwinds

    Co.’s (CMC) first-quarter profit fell 46% from the comparable quarter a year ago attributed to wet weather in the U.S. which had reduced shipments. On an adjusted basis, the company made 35 cents a share. Commercial Metals and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services.

  • MarketWatch16 days ago

    Commercial Metals' stock set to fall after in-line earnings, but sales come up shy

    Shares of Commercial Metals Co. were indicated down 2% in premarket trade Monday, after the metals products company reported a fiscal first-quarter adjusted profit that rose in line with expectations, while sales came up a bit shy. Net earnings for the quarter to Nov. 30 fell to $19.7 million, or 17 cents a share, from $36.8 million, or 31 cents a share in the same period a year ago. Excluding non-recurring items, such as $22.1 million in tax expenses, adjusted earnings per share rose to 35 cents from 31 cents, matching the FactSet consensus of 35 cents. Sales rose to $1.28 billion from $1.08 billion, but was just below the FactSet consensus of $1.29 billion, as an increase in Americas fabrication sales offset declined in recycling and mills sales. "Results for the first quarter were strong even though we experienced historically wet weather in the U.S. which reduced shipments," said Chief Executive Barbara Smith. The stock has shed 15.1% over the past three months through Friday, while the S&P 500 has lost 12.3%.

  • Associated Press16 days ago

    Commercial Metals: Fiscal 1Q Earnings Snapshot

    The Irving, Texas-based company said it had net income of 17 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share. The results did not meet Wall Street expectations. ...

  • PR Newswire16 days ago

    Commercial Metals Company Reports First Quarter Earnings From Continuing Operations Of $0.16 Per Share And Adjusted Earnings From Continuing Operations Of $0.35 Per Share

    IRVING, Texas , Jan. 7, 2019 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its fiscal first quarter ended November 30, 2018.  For the three months ended November 30, ...

  • US Raw Steel Output Rises as Capacity Utilization Tops 80%
    Zacks19 days ago

    US Raw Steel Output Rises as Capacity Utilization Tops 80%

    U.S. steel mills operated at 81% of their capacity for the week ending Dec 29.

  • PR Newswire20 days ago

    Commercial Metals Company Announces Quarterly Dividend Of $0.12 Per Share

    IRVING, Texas , Jan. 3, 2019 /PRNewswire/ -- On January 2, 2019, the board of directors of Commercial Metals Company (NYSE:  CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 per ...

  • See what the IHS Markit Score report has to say about Commercial Metals Co.
    Markit22 days ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a neutral indicator.

  • Commercial Metals (CMC) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks23 days ago

    Commercial Metals (CMC) Reports Next Week: Wall Street Expects Earnings Growth

    Commercial Metals (CMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • See what the IHS Markit Score report has to say about Commercial Metals Co.
    Markit26 days ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. The current level displays a negative indicator.

  • Do Hedge Funds Love Commercial Metals Company (CMC)?
    Insider Monkeylast month

    Do Hedge Funds Love Commercial Metals Company (CMC)?

    Insider Monkey finished processing more than 700 13F filings made by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th. What do these smart investors think about Commercial Metals Company (NYSE:CMC)? Commercial Metals Company (NYSE:CMC) shareholders have witnessed an increase in enthusiasm from smart money recently. CMC was […]

  • Simply Wall St.last month

    Should Commercial Metals Company (NYSE:CMC) Be Your Next Stock Pick?

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...

  • PR Newswirelast month

    Commercial Metals Company Commences Registered Exchange Offer for Previously Issued 5.750% Senior Notes Due 2026

    IRVING, Texas, Dec. 13, 2018 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC" or the "Company") today announced that it has commenced an offer to exchange up to $350.0 million in aggregate principal amount of new 5.750% Senior Notes due 2026 (the "New Notes"), which have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount of unregistered 5.750% Senior Notes due 2026 (the "Old Notes").  The New Notes are being offered in order to satisfy registration rights previously granted to the holders of the Old Notes. The terms of the New Notes are substantially identical to those of the Old Notes, except that the New Notes have been registered under the Securities Act, will not have securities law transfer restrictions or registration rights and will not provide for the payment of additional interest under circumstances relating to the timing of the exchange offer.  Any Old Notes that are not exchanged will continue to be subject to their existing transfer restrictions.

  • PR Newswire2 months ago

    Commercial Metals Company Announces First Quarter Fiscal 2019 Conference Call Webcast Details

    IRVING, Texas , Dec. 7, 2018 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its first quarter earnings release, invites you to listen to its conference call that will be broadcast ...

  • Here's Why You Should Hold Commercial Metals in Your Portfolio
    Zacks2 months ago

    Here's Why You Should Hold Commercial Metals in Your Portfolio

    Commercial Metals (CMC) will benefit from improvement in farm equipment manufacturing activity, construction machinery and energy related spending.

  • See what the IHS Markit Score report has to say about Commercial Metals Co.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • What does Commercial Metals Company’s (NYSE:CMC) Balance Sheet Tell Us About Its Future?
    Simply Wall St.2 months ago

    What does Commercial Metals Company’s (NYSE:CMC) Balance Sheet Tell Us About Its Future?

    Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Commercial Metals Company (NYSE:CMC), with a market cap of US$2.3b, are often out of the Read More...

  • See what the IHS Markit Score report has to say about Commercial Metals Co.
    Markit2 months ago

    See what the IHS Markit Score report has to say about Commercial Metals Co.

    Commercial Metals Co NYSE:CMC