Commercial Metals Co Stock Price, News & Analysis

Commercial Metals Company (NYSE: CMC) has announced a definitive agreement to acquire Concrete Pipe & Precast, LLC (CP&P) for $675 million in cash. The acquisition represents a 9.5x multiple of CP&P's forecasted 2025 EBITDA, reducing to 8.5x when including cash tax benefits.

The strategic acquisition expands CMC's presence in early-stage construction solutions in the U.S. Mid-Atlantic and South Atlantic regions. The company expects annual run-rate synergies of $5-10 million by year three. CP&P operates in a $30 billion domestic precast concrete industry, where the top 10 suppliers represent less than 25% of the market.

The transaction is expected to be immediately accretive to earnings per share and free cash flow per share, with CP&P's EBITDA margins generally exceeding 20%.

Commercial Metals Company (NYSE: CMC) has scheduled its fourth quarter and full year fiscal 2025 earnings conference call for October 16, 2025, at 11:00 a.m. Eastern Time. The call will feature presentations from CEO Peter Matt and CFO Paul Lawrence.

Investors and interested parties can access the webcast in listen-only mode through CMC's website at www.cmc.com. The company, which operates primarily in the United States and Central Europe, provides innovative solutions for the global construction sector, focusing on reinforcement products and technologies across infrastructure, residential, non-residential, industrial, and energy applications.

Commercial Metals Company (NYSE: CMC) has been honored with the Obelisk Award for Arts Education by the Business Council for the Arts (BCA), recognizing its extraordinary support of arts and culture in North Texas.

The recognition stems from CMC's 46-year-running initiative 'Scrap Can Be Beautiful', a partnership with Booker T. Washington School for the Performing and Visual Arts. The program combines arts education with sustainability by having students create sculptures from metal scrap materials donated by CMC's local recycling yard.

Commercial Metals Company (NYSE: CMC) has appointed Dawne S. Hickton to its Board of Directors, effective October 14, 2025. Hickton, currently serving as Chair, CEO, and President of Cumberland Additive, Inc., brings over three decades of leadership experience in metals and technical services industries.

The appointment expands CMC's board from nine to ten directors, with nine independent members. Hickton will serve on the Audit and Finance Committees. Her extensive experience includes previous roles as Executive VP at Jacobs Solutions Inc. and CEO of RTI International Metals, Inc., demonstrating strong expertise in metals manufacturing and aerospace industries.

Commercial Metals Company (NYSE: CMC) reported Q3 FY2025 net earnings of $83.1M ($0.73/share), down from $119.4M ($1.02/share) in Q3 FY2024. Adjusted earnings were $84.4M ($0.74/share). The company achieved consolidated core EBITDA of $204.1M with a 10.1% margin. North American steel product margins improved, while the Emerging Businesses Group saw EBITDA margin rise to 20.7%. The Europe Steel Group returned to profitability. CMC's Transform, Advance, Grow (TAG) program is exceeding targets with expected annual benefits over $100M. The company maintained strong liquidity with $893M in cash and total available liquidity over $1.7B. During Q3, CMC repurchased 1.1M shares for $50.4M and declared a quarterly dividend of $0.18 per share. Management expects improved Q4 results across all segments, driven by seasonal trends and better market conditions.

Commercial Metals Company (NYSE: CMC) has declared its 243rd consecutive quarterly cash dividend of $0.18 per share, demonstrating consistent shareholder returns. The dividend will be paid on July 9, 2025, to stockholders of record as of June 30, 2025. CMC operates primarily in the United States and Central Europe, providing innovative solutions and products for the global construction sector's reinforcement needs, with applications across infrastructure, non-residential, residential, industrial, and energy projects.

Commercial Metals Company (NYSE: CMC) has announced its upcoming third quarter fiscal 2025 earnings conference call, scheduled for Monday, June 23, 2025, at 11:00 a.m. Eastern Time. The call will feature Peter Matt, President and CEO, and Paul Lawrence, Senior VP and CFO. Investors can access the webcast in listen-only mode through CMC's website at www.cmc.com.

CMC operates primarily in the United States and Central Europe, providing innovative solutions and products for the global construction sector's reinforcement needs, serving various applications including infrastructure, non-residential, residential, industrial, and energy projects.

Commercial Metals Company (NYSE: CMC) has successfully closed a tax-exempt bond financing deal worth $150.0 million through the West Virginia Economic Development Authority (WVEDA). The Solid Waste Disposal Facilities Revenue Bonds will bear interest at 4.625% per annum and mature in 2055. The proceeds will finance the construction of solid waste disposal facilities in Berkeley County, West Virginia.

Under the agreement, CMC will be responsible for semiannual interest payments and principal repayment upon maturity or earlier redemption. The company, which operates primarily in the United States and Central Europe, provides reinforcement solutions for the global construction sector, focusing on infrastructure, non-residential, residential, industrial, and energy projects.

Commercial Metals Company (NYSE: CMC) has announced the pricing of $150.0 million in Solid Waste Disposal Facility Revenue Bonds through the West Virginia Economic Development Authority. The bonds, priced at 100% of principal value, will bear interest at 4.625% per annum until May 15, 2032, with final maturity in 2055. The proceeds will finance the construction of solid waste disposal facilities in Berkeley County, West Virginia. The bonds are being issued under a Securities Act exemption and cannot be offered or sold within the United States without registration or applicable exemption. CMC, primarily operating in the U.S. and Central Europe, provides reinforcement solutions for the global construction sector, focusing on infrastructure, non-residential, residential, industrial, and energy projects.