Commercial Metals Company Reports $177.3M Net Earnings in Q1 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 20h ago
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Source: Newsfilter
- Strong Financial Performance: Commercial Metals Company reported net earnings of $177.3 million for Q1 2026, translating to $1.58 per diluted share, marking a significant turnaround from a net loss of $175.7 million in the prior year, indicating robust recovery amid improved market conditions.
- Core EBITDA Growth: The company achieved a core EBITDA of $316.9 million in the first quarter, reflecting a year-over-year increase of approximately 52% and a core EBITDA margin of 14.9%, showcasing successful operational execution and enhanced commercial discipline that bolstered profitability.
- Successful Acquisition Strategy: The completion of acquisitions of CP&P and Foley in December, involving over $2.5 billion in capital, established a new growth platform in the precast concrete industry, expected to provide substantial revenue support in the future.
- Continued Shareholder Returns: The board declared a quarterly dividend of $0.18 per share, marking the 245th consecutive dividend payment, demonstrating the company's commitment to shareholders and its stable cash flow position.
Analyst Views on CMC
Wall Street analysts forecast CMC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMC is 67.89 USD with a low forecast of 62.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 73.220
Low
62.00
Averages
67.89
High
80.00
Current: 73.220
Low
62.00
Averages
67.89
High
80.00
About CMC
Commercial Metals Company is engaged in offering products and technologies to meet the critical reinforcement needs of the global construction sector. The Company’s solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation, and transmission. Its segments include North America Steel Group, Europe Steel Group and the Emerging Businesses Group. The North America Steel Group segment provides a diverse range of products and solutions to support the construction sector. The Europe Steel Group segment is composed of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The Emerging Businesses Group segment's portfolio consists of its construction services products, Tensar products and solutions and its impact metals, and performance reinforcing steel products. It is also a supplier of precast concrete and pipe products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
