Commercial Metals Company Stock News

The firm's NOPAT margin (NOPAT margin/Revenue) has fallen to its lowest level since 2021, to 7.39% compared to 9.76% in 2023. With a stock price of $54 at the time of writing, CMC has a price-to-EBV per share of 1.22. The long-term evolution is one of growing ROIC, from more than 6% in 2019 to just over 9% in 2024.

Technicals point to a market-top on the intermediate 5-year chart. Sales, earnings & margins decreased meaningfully in fiscal 2024. A no growth environment is also expected in fiscal 2025. Management is selling investors on the TAG program (A program aimed at driving internal efficiencies agressively) but meaningful impacts will take years to develop.

Commercial Metals Company (NYSE:CMC ) Q4 2024 Earnings Call Transcript October 17, 2024 10:00 AM ET Company Participants Peter Matt - President and CEO Paul Lawrence - SVP and CFO Conference Call Participants Sathish Kasinathan - Bank of America Katja Jancic - BMO Capital Markets Timna Tanners - Wolfe Research Tristan Gresser - BNP Paribas Exane Phil Gibbs - KeyBanc Capital Markets Operator Hel...

Fourth quarter net earnings of $103.9 million, or $0.90 per diluted share; annual net earnings of $485.5 million, or $4.14 per diluted share Consolidated core EBITDA of $227.1 million in the fourth quarter; core EBITDA margin of 11.4% Solid construction activity provided stability in North America shipment volumes; margins pressured by decline in average steel pricing Tensar achieved its most p...

IRVING, Texas , Oct. 15, 2024 /PRNewswire/ -- Today, October 15, 2024, the board of directors of Commercial Metals Company ("CMC" or the "Company") (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC's 240th consecutive quarterly dividend will be paid on November 14, 2024, to stockholders of record as of the close of business on October 31, 2024.

IRVING, Texas , Oct. 1, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) (the "Company") today announced that the Board of Directors of the Company (the "Board") appointed Kekin Ghelani to serve as the Company's Senior Vice President, Chief Strategy Officer, effective October 1, 2024. In this role, Chief Strategy Officer, Mr.

IRVING, Texas , Sept. 25, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that it has revised the time of its conference call to be held in conjunction with its fourth quarter earnings release for fiscal 2024 to 10:00 a.m.

IRVING, Texas , Sept. 17, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its fourth quarter earnings release for fiscal 2024, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, October 17, 2024, at 11:00 a.m.