Commercial Metals Company (NYSE:CMC) will release its third quarter earnings report before the opening bell on Thursday, June 25.
Analysts expect the Irving, Texas-based company to report quarterly earnings of $1.75 per share, up from 74 cents per share in the year-ago period. The consensus estimate for CMC's quarterly revenue is $2.41 billion. It reported $2.02 billion last year, according to Benzinga Pro.
On March 25, CMC announced an 11% increase in its quarterly dividend.
Commercial Metals shares fell 4.5% to close at $73.22 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Wells Fargo analyst Timna Tanners downgraded the stock from Overweight to Equal-Weight with a price target of $77 on June 4, 2026. This analyst has an accuracy rate of 76%.
- Morgan Stanley analyst Carlos De Alba maintained the stock with an Overweight rating and boosted the price target from $75 to $83 on June 1, 2026. This analyst has an accuracy rate of 75%.
- Barclays analyst Richard Garchitorena initiated coverage on the stock with an Equal-Weight rating and a price target of $75 on May 22, 2026. This analyst has an accuracy rate of 56%.
- UBS analyst Andrew Jones upgraded the stock from Neutral to Buy and raised the price target from $79 to $89 on May 14, 2026. This analyst has an accuracy rate of 51%.
- JP Morgan analyst Bill Peterson maintained the stock with an Overweight rating and cut the price target from $83 to $78 on April 14, 2026. This analyst has an accuracy rate of 61%.
Considering buying CMC stock? Here’s what analysts think:
Photo via Shutterstock