UP!
 |
|
|
Type
|
Public company |
|---|---|
| Traded as | NYSE: CMC S&P 400 component |
| Industry | Metals |
| Founded | 1915 (1915) |
| Headquarters | Irving, Texas |
|
Key people
|
Joseph Alvarado, President & Chairman & CEO |
| Products | Steel |
|
Production output
|
3.9 million tons of steel (2016) |
| Revenue |  $4.610 billion (FY 2016) |
|
Net income
|
$0.054 billion (FY 2016) |
| Total assets | $3.130 billion (FY 2016) |
| Total equity | $1.367 billion (FY 2016) |
|
Number of employees
|
8,388 (August 31, 2016) |
| Website | www |
Commercial Metals Company is a steel and metal manufacturer based in based in Irving, Texas.
The company owns steel minimills in Alabama, Arizona, Arkansas, South Carolina, Texas, and Poland and recycling facilities around the world.
In its fiscal year 2016, the company shipped 2.630 million tons of steel from its American mills and 1.254 million tons of steel from its mill in Poland.
The U.S. mills have 2.8 million tons of capacity and the Polish mill has 1.3 million tons of capacity.
The company was founded in 1915 by Jacob Feldman as a scrap trading company.
In 1994, the company acquired Owen Steel Company in an $87 million transaction.
In 2002, the company sold the heavy structural fabrication assets of SMI-Owen Steel, resulting in $20 million of proceeds.
In June 2011, the company acquired G.A.M. Steel Pty. Ltd, based in Melbourne, Australia.
In November 2011, Carl Icahn offered to buy the company for $15 per share. In December 2011, the company rejected the offer. In January 2012, Icahn withdrew the offer after it didn't receive enough shareholder support.
In April 2016, the company broke ground on a mill in Durant, Oklahoma.
In October 2016, the company acquired the steel fabrication business of Associated Steel Workers, Limited.
In August 2017, the company sold its CMC Cometals Division for $179 million.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q4 2021 | 2022-10-12 | Future report Set alerts | |
| Q3 2021 | 2022-06-16 | 2.61 | 2.61 |
| Q2 2021 | 2022-03-17 | 1.53 | 1.53 |
| Q1 2021 | 2022-01-10 | 1.62 | 1.62 |
| Q4 2020 | 2021-10-14 | 1.26 | 1.26 |
| Q3 2020 | 2021-06-17 | 1.04 | 1.04 |
| Q2 2020 | 2021-03-18 | 0.66 | 0.66 |
| Q1 2020 | 2020-01-06 | 0.73 | 0.69 |
| Q4 2019 | 2019-10-23 | 0.76 | 0.72 |
| Q3 2019 | 2019-06-20 | 0.67 | 0.66 |
| 2016-06-27 | Downgrade | Clarkson Capital | Neutral to Sell | |
| 2016-06-04 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-06-02 | Downgrade | Bank of America | Neutral to Underperform | $17.00 |
| 2016-06-02 | Downgrade | Bank of America Corp. | Neutral to Underperform | $17.00 |
| 2016-03-28 | Boost Price Target | DA Davidson | Buy | $17.00 to $19.00 |
| 2016-03-28 | Downgrade | Credit Agricole | Buy to Sell | $17.00 to $15.00 |
| 2016-03-28 | Lower Price Target | Credit Suisse | Neutral | $16.00 to $15.00 |
| 2016-03-28 | Downgrade | Credit Agricole SA | Buy to Sell | $17.00 to $15.00 |
| 2016-03-28 | Lower Price Target | Credit Suisse Group AG | Neutral | $16.00 to $15.00 |
| 2016-03-21 | Downgrade | Jefferies Group | Buy to Hold | $16.50 |
| 2016-03-17 | Reiterated Rating | Bank of America | Neutral | |
| 2016-03-10 | Initiated Coverage | Credit Suisse | Neutral | $16.00 |
| 2016-01-13 | Reiterated Rating | Jefferies Group | Buy | |
| 2015-12-31 | Reiterated Rating | JPMorgan Chase & Co. | Hold | |
| 2015-12-30 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $19.00 to $16.00 |
| 2015-11-25 | Reiterated Rating | Bank of America | Neutral | $17.00 |
| 2015-10-31 | Reiterated Rating | Bank of America | Neutral | $18.00 to $17.00 |
| 2015-10-29 | Lower Price Target | Jefferies Group | Buy | $20.00 to $18.00 |
| 2015-10-29 | Lower Price Target | DA Davidson | Buy | $20.00 to $17.00 |
| 2015-09-16 | Reiterated Rating | Jefferies Group | Buy | $20.00 |
| 2015-08-17 | Initiated Coverage | Credit Agricole | Buy | $20.00 |
| 2015-08-17 | Initiated Coverage | CLSA | Buy | $20.00 |
| 2015-04-14 | Initiated Coverage | Clarkson Capital | Hold | $18.00 |
| 2015-03-16 | Reiterated Rating | Jefferies Group | Buy | $22.00 to $21.00 |
| 2015-01-15 | Reiterated Rating | Citigroup Inc. | Buy | $19.00 to $16.00 |
| 2015-01-07 | Lower Price Target | Citigroup Inc. | Buy | $20.00 to $19.00 |
| 2015-01-07 | Set Price Target | DA Davidson | Buy | $21.00 to $20.00 |
| 2014-10-30 | Reiterated Rating | DA Davidson | Buy | $23.00 to $21.00 |
| 2014-09-26 | Upgrade | Citigroup Inc. | Neutral to Buy | |
| 2014-06-30 | Reiterated Rating | DA Davidson | Buy | $25.00 to $23.00 |
| 2014-02-24 | Downgrade | KeyBanc | Buy to Hold | |
| 2014-01-24 | Initiated Coverage | Credit Suisse | Neutral | $20.11 |
| 2014-01-08 | Boost Price Target | DA Davidson | $22.00 to $25.00 | |
| 2013-12-04 | Boost Price Target | Jefferies Group | Buy | $19.00 to $22.00 |
| 2013-11-18 | Downgrade | Citigroup Inc. | Buy to Neutral | |
| 2013-11-06 | Boost Price Target | KeyBanc | Buy | $21.00 to $22.00 |
| 2013-10-24 | Boost Price Target | DA Davidson | Buy | $20.00 to $22.00 |
| 2013-09-18 | Initiated | BMO Capital Markets | Outperform | $19 |
| 2013-09-17 | Initiated Coverage | BMO Capital Markets | Outperform | $19.00 |
| 2013-09-16 | Boost Price Target | Jefferies Group | Buy | $17.00 to $19.00 |
| 2013-01-14 | Upgrade | KeyBanc Capital Mkts | Hold to Buy | |
| 2012-07-20 | Initiated | KeyBanc Capital Mkts | Hold | |
| 2010-06-04 | Initiated | DA Davidson | Buy | $20 |
| 2010-03-25 | Reiterated | UBS | Neutral | $16 to $17 |
| 2009-11-02 | Downgrade | JP Morgan | Overweight to Neutral | |
| 2009-09-23 | Downgrade | UBS | Buy to Neutral | |
| 2009-06-12 | Initiated | Merriman | Neutral | |
| 2008-12-18 | Reiterated | Davenport | Buy | $14 to $16 |
| 2008-07-11 | Upgrade | Citigroup | Hold to Buy | $40 |
| 2008-07-07 | Upgrade | Davenport | Neutral to Buy | $42 |
| 2008-06-19 | Reiterated | UBS | Buy | $42 to $44 |
| 2008-06-19 | Downgrade | Citigroup | Buy to Hold | $40 |
| 2008-05-12 | Initiated | UBS | Buy | $37 |
| 2007-11-30 | Initiated | Davenport | Neutral | $33 |
| 2007-10-31 | Downgrade | Longbow | Buy to Neutral | |
| 2007-08-16 | Upgrade | CIBC Wrld Mkts | Sector Perform to Sector Outperform |
| 2016-06-27 | Downgrade | Clarkson Capital | Neutral to Sell | |
| 2016-06-04 | Reiterated Rating | Jefferies Group | Buy | |
| 2016-06-02 | Downgrade | Bank of America | Neutral to Underperform | $17.00 |
| 2016-06-02 | Downgrade | Bank of America Corp. | Neutral to Underperform | $17.00 |
| 2016-03-28 | Boost Price Target | DA Davidson | Buy | $17.00 to $19.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CMC 257 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| BlackRock Inc. | 14.03M |
| Vanguard Group, Inc | 12.50M |
| BlackRock Fund Advisors | 9.81M |
| FMR LLC | 9.46M |
| DIMENSIONAL FUND ADVISORS LP | 7.65M |
| STATE STREET CORP | 5.56M |
| BlackRock Institutional Trust Company, N.A. | 3.98M |
| FAIRHOLME CAPITAL MANAGEMENT LLC | 2.38M |
| CITADEL ADVISORS LLC | 2.29M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.21M |
| NORTHERN TRUST CORP | 2.02M |
| PRINCIPAL FINANCIAL GROUP INC | 1.86M |
| KEELEY ASSET MANAGEMENT CORP | 1.83M |
| HENDERSON GROUP PLC | 1.71M |
| FULLER & THALER ASSET MANAGEMENT, INC. | 1.41M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| ALVARADO JOSEPH President and CEO | 0.99% (1170459) | CMC / KMT / SE / TSE / |
| Smith Barbara SrVP & CFO | 0.33% (391455) | CMA / CMC / MTX / |
| Porter Tracy L Sr. VP; Pres, CMC Americas | 0.16% (183878) | CMC / |
| ELMORE JOHN C. SVP & PRESIDENT OF CMC INTERNA | 0.12% (135763) | CMC / |
| MILLS RICK J | 0.09% (106476) | CMC / DOOR / FLS / |
| LINDSEY MARY A VP and Chief Financial Officer | 0.08% (97924) | CMC / |
| KIRKPATRICK PAUL K. Corporate Secretary | 0.08% (92222) | CMC / |
| HATTEN TERRY P. VP and Chief Human Resources O | 0.07% (83170) | CMC / |
| GAJDOS LUDOVIT VP CMC & Pres. CMC Europe | 0.07% (79848) | CMC / |
| SMITH J DAVID | 0.07% (77186) | BXC / CMC / GMS / NTK / |
| BEST RHYS J | 0.06% (75742) | CMC / COG / ENLK / MRC / TRN / |
| RAISS SARAH E. | 0.06% (69537) | CMC / RBA / |
| KELSON RICHARD B | 0.05% (62023) | ANAD / CMC / MWV / NGVT / PNC / |
| Guido Robert L | 0.05% (60740) | BYI / CMC / |
| MASSARO ANTHONY A | 0.05% (60703) | CMC / PNC / |
| WINKLER JOSEPH C | 0.04% (51992) | CMC / DRC / ECR / HCLP / TTI / |
| ADAMS HAROLD L | 0.03% (40523) | CMC / LECO / LM / |
| AVRIL VICKI L | 0.03% (38888) | BRSS / CMC / GEF / IPS / |
| Alleman James B SrVP, HR and Org. Dev. | 0.03% (37964) | CMC / |
| SZEWS CHARLES L | 0.03% (31679) | CMC / GPI / OSK / RDC / |
| DUBOIS CAREY J VP and Treasurer | 0.02% (26614) | CMC / |
| BRUDER ANN J. SrVP & General Counsel | 0.02% (20087) | BCOR / CMC / |
| BATCHELOR ADAM B. VICE PRESIDENT OF STRATEGY AND | 0.02% (18684) | CMC / |
| LAWRENCE PAUL JAMES Treasurer & VP Financial Plan | 0.01% (13618) | CMC / |
UM