Commercial Metals Stock Today
| CMC Stock | USD 59.72 0.28 0.47% |
Performance5 of 100
| Odds Of DistressLess than 9
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Commercial Metals is trading at 59.72 as of the 21st of November 2024, a 0.47% up since the beginning of the trading day. The stock's open price was 59.44. Commercial Metals has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Commercial Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of May 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 1st of January 1987 | Category Basic Materials |
Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company was founded in 1915 and is headquartered in Irving, Texas. The company has 113.91 M outstanding shares of which 3.34 M shares are currently shorted by investors with about 3.8 days to cover. More on Commercial Metals
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Commercial Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Barbara Smith | ||||
| Thematic Idea | Steel Works Etc (View all Themes) | ||||
| Old Names | [Corporacion Empresarial de Materiales de Construccion S.A, Comeco SA, China Magnesium Corporation Limited, Cmc Ltd] | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Stock Exchange Of, SP Midcap 400, Steel Works Etc, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsCommercial Metals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Commercial Metals' financial leverage. It provides some insight into what part of Commercial Metals' total assets is financed by creditors.
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Commercial Metals (CMC) is traded on New York Stock Exchange in USA. It is located in 6565 N. MacArthur Blvd., Irving, TX, United States, 75039 and employs 13,178 people. Commercial Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 6.8 B. Commercial Metals runs under Metals & Mining sector within Materials industry. The entity has 113.91 M outstanding shares of which 3.34 M shares are currently shorted by investors with about 3.8 days to cover.
Commercial Metals has about 592.33 M in cash with 899.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.73.
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Ownership AllocationCommercial Metals holds a total of 113.91 Million outstanding shares. The majority of Commercial Metals outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Commercial Metals to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Commercial Metals. Please pay attention to any change in the institutional holdings of Commercial Metals as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Commercial Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2024-09-30 | 1.6 M | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 1.5 M | |
| Norges Bank | 2024-06-30 | 1.5 M | |
| Thompson, Siegel & Walmsley Llc | 2024-09-30 | 1.4 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 1.3 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 1.2 M | |
| Amvescap Plc. | 2024-06-30 | 1.2 M | |
| Hhg Plc | 2024-06-30 | 1.1 M | |
| Citadel Advisors Llc | 2024-06-30 | 1 M | |
| Blackrock Inc | 2024-06-30 | 14.7 M | |
| Vanguard Group Inc | 2024-09-30 | 12.5 M |
Commercial Metals Historical Income Statement
Commercial Stock Against Markets
Commercial Metals Corporate Directors
| Charles Szews | Independent Director | Profile | |
| Lisa Barton | Independent Director | Profile | |
| J Smith | Independent Director | Profile | |
| Richard Kelson | Lead Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commercial Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Commercial Stock refer to our How to Trade Commercial Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commercial Metals. If investors know Commercial will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commercial Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.68 | Earnings Share 4.16 | Revenue Per Share 68.419 | Quarterly Revenue Growth (0.1) |
The market value of Commercial Metals is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Metals' value that differs from its market value or its book value, called intrinsic value, which is Commercial Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commercial Metals' market value can be influenced by many factors that don't directly affect Commercial Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commercial Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.