Commercial Metals (CMC)
Turns recycled scrap into construction steel while supplying precast and ground-stabilization systems.
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Supplies rebar, fabricated steel, concrete pipe, precast components and ground-stabilization systems to infrastructure and building projects. A vertically integrated U.S. chain converts recycled scrap through electric-arc mills and fabrication, complemented by construction solutions and a smaller Polish steel network.
Turns ferrous and nonferrous scrap into rebar, merchant bar, wire rod and other long-steel products through the North America Steel Group, then fabricates reinforcing steel and related products for construction projects. Electric-arc mini mills and micro mills anchor this vertically integrated chain.
Construction Solutions Group adds concrete pipe and precast components, Tensar geogrids, Geopier foundation systems, construction equipment, specialty reinforcing steel and anchoring systems. Europe Steel Group operates recycling, electric-arc steelmaking and fabrication in Poland, serving mostly Polish and neighboring European markets.
Linking scrap collection, steelmaking and fabrication helps align feedstock procurement, mill utilization and downstream orders. Demand is concentrated in infrastructure and building construction, while steel economics remain exposed to scrap and energy costs, import competition, trade measures and environmental requirements.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 7, 2026 | Barclays | Reiterate | Rating: —Target: $75 | Target: $80 |
| Aug 6, 2026 | Goldman Sachs | Reiterate | Rating: —Target: $84 | Target: $85 |
| Jul 8, 2026 | BNP Paribas | Target | Target: — | Target: $75 |
| Jul 8, 2026 | Exane BNP Paribas | Upgrade | ||
| Jun 29, 2026 | BMO Capital | Reiterate | Rating: —Target: $55 | Target: $77 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, May 31, 2026Cash & short-term investments $559.8M · Total debt $3.40B · Total assets $9.80B · Shareholders' equity $4.53B
- Revenue
- $2.48B
- Operating income
- $232.8M
- Net income
- $173.0M
HistoryDividendAnnual yield
| Institutions | ≈ 93.74% | 103.69M shares | |
|---|---|---|---|
| 533 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.86% | 946.1K shares | |
| 19 holders · as of Aug 24, 2026 | |||
| Other | ≈ 5.40% | 5.98M shares | |
| remainder | |||
110.62M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 13.76% | 15.22M | as of Jun 30, 2026 |
State Street CorpInstitution | 6.25% | 6.92M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.09% | 6.73M | as of Jun 30, 2026 |
FMR LLCInstitution | 5.48% | 6.06M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.28% | 5.85M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 13, 2026 | John R. McPherson | director | +1,390 | $71.92 |
| Jul 10, 2026 | Peter R. Matt | director, officer: President and CEO | +8,230 | $61.30 |
| Feb 3, 2026 | Jennifer J. Durbin | officer: Fmr. Chief HR & Comm. Officer | −25,050 | $79.97 |
| Jan 20, 2026 | Dennis V. Arriola | director | +2,000 | $74.69 |
| Oct 31, 2025 | Brian N. Halloran | officer: SVP, N. America Steel Group | −6,232 | $59.87 |
- Nucor
Largest US EAF steelmaker; dominant in rebar, bar mills, and fabrication.
- Steel Dynamics
EAF peer with long-products group, merchant bar, rebar, and fabrication.
- Gerdau (ADR)
Americas' largest long-steel maker; US rebar mills active after 2018 CMC sale.
- Insteel Industries
Largest US wire reinforcing maker; shares concrete-construction end market.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Commercial Metals | $64.57 | −0.67% | $7.19B | 12.2 | 9.1 | 0.8 | +22.9% |
| Nucor | $246.38 | +0.29% | $55.95B | 19.6 | 11.6 | 1.5 | +23.0% |
| Steel Dynamics | $233.88 | −0.05% | $33.54B | 21.2 | 10.9 | 1.6 | +33.4% |
| Gerdau (ADR) | $4.98 | −0.90% | $9.92B | 22.9 | 10.0 | 0.7 | +10.1% |
| Insteel Industries | $29.68 | −1.38% | $582.5M | 16.2 | 14.1 | 0.8 | +9.9% |
| Median | 20.4 | 11.2 | 1.2 | +16.5% |