Stock events for Commercial Metals Co. (CMC)
Over the past six months, Commercial Metals Co. (CMC) stock has experienced some notable movements and news. As of April 6, 2026, the share price was $61.27, representing an increase of 50.69% over the past year. However, in the past month, the stock decreased by 20.45%. In March 2026, CMC reported its second-quarter fiscal 2026 results, with net earnings of $93.0 million ($0.83/diluted share) and adjusted earnings of $130.1 million ($1.16/diluted share). CMC announced an 11% increase in its regular quarterly cash dividend to $0.20 per share. Analysts at The Goldman Sachs Group initiated coverage on Commercial Metals in April 2026. Wall Street Zen downgraded Commercial Metals to "Buy" in April 2026. Jim Cramer expressed a liking for Commercial Metals but preferred Nucor.
Demand Seasonality affecting Commercial Metals Co.’s stock price
Demand for Commercial Metals Co. (CMC) products and services is subject to seasonal variations influenced by construction cycles. Demand for steel products typically peaks in spring and summer due to favorable weather conditions. Demand tends to decline in winter months due to colder weather and year-end budget cuts. Temporary slowdowns can also occur in late summer and late fall as projects wind down before winter. The automotive industry's steel demand fluctuates with new vehicle model releases and production schedules. Overall, holidays and vacation periods can lead to temporary slowdowns in production and procurement.
Overview of Commercial Metals Co.’s business
Commercial Metals Company (CMC) is a global leader in sustainable solutions for early-stage construction, specializing in the recycling, manufacturing, and fabrication of steel and metal products and related materials and services. Founded in 1915, CMC operates primarily in the Industrials sector, within the Metal Fabrication and Iron & Steel Manufacturing industries. CMC's major products include steel reinforcing bars (rebar), merchant bar, angles, flats, channels, rounds, steel fence posts, wire rod, and other special sections. The company also offers fabricated steel structures, custom fabrication services, and industrial products. Through its acquisition of Tensar, CMC also produces foundation systems. The company's steel mills utilize energy-saving electric arc furnace (EAF) technology, primarily using 100% recycled scrap as raw material. CMC also has a significant recycling division, processing ferrous and non-ferrous scrap metals.
CMC’s Geographic footprint
Headquartered in Irving, Texas, CMC maintains a global presence with over 13,000 employees across 209 facilities. Its operations span the United States, the United Kingdom, the European Union (EU), and Asia. In the United States, CMC has facilities across numerous states. Internationally, CMC has a strategic presence in Europe, with production sites in Poland and Slovakia, and also serves markets in Asia. In its fiscal year 2023, 84% of its sales were in the United States and 16% were from its facilities in Poland.
CMC Corporate Image Assessment
In the past year, Commercial Metals Company has received some positive recognition and faced a significant legal challenge. In 2024, CMC was named to TIME's America's Best Mid-Size Companies list. However, in November 2024, CMC lost a $110 million antitrust verdict in litigation with Pacific Steel Group, resulting in a $265 million litigation expense charge in CMC's Q1 fiscal 2025 results, and CMC has announced plans to appeal this verdict. In January 2026, CMC was named to Corporate Knights' 2026 Global 100 Most Sustainable Corporations.
Ownership
Approximately 84.44% to 92.08% of Commercial Metals Company's (CMC) stock is owned by institutional investors, including BlackRock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors Lp. Individual investors hold around 12% to 14.75% of the company. Insiders own less than 1% of the company's shares, with Stanley A. Rabin being a notable individual shareholder, owning 1.74 million shares representing 1.57% of the company.
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