Headquartered in Irving, TX Fiscal year ends August NYSE: CMC cmc.com
Commercial Metals Company (CMC) is a Fortune 500 provider of early-stage construction solutions that support the foundational phases of modern infrastructure and building projects. Founded in 1915, CMC has evolved from a single-site recycling operation into one of the largest U.S. manufacturers of steel reinforcing bar (rebar), a producer of subgrade soil stabilization and foundation enhancement solutions, and a major supplier of concrete pipe and precast products. The company operates through three business segments: North America Steel Group, Construction Solutions Group, and Europe Steel Group. Through an extensive manufacturing network primarily in the United States and Central Europe, with strategic operations in the United Kingdom and Asia, CMC serves infrastructure, non-residential, residential, industrial, and energy markets. Key products include rebar, fabricated rebar, merchant bar, fence posts, specialty reinforcing steel, precast concrete, geogrid (through its Tensar brand), anchor cages, aggregate piers, and recycled metals. The company recently expanded its portfolio through acquisitions of Foley Products Company and Concrete Pipe & Precast (CP&P), significantly growing its precast concrete capabilities. Updated
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Commercial Metals and Tilray are set to report quarterly results before U.S. markets open on Monday.
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After markets close Wednesday and before they reopen on Thursday, these three companies are scheduled to report quarterly results.
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Commercial Metals Company (CMC) is a Fortune 500 provider of early-stage construction solutions that support the foundational phases of modern infrastructure and building projects.
24/7 Wall St.'s 12-month price target for CMC is $76.35, rated Buy. The Wall Street consensus target is $79.09. CMC price prediction →
