Last $15.76 USD
Change Today -0.13 / -0.82%
Volume 259.4K
CMC On Other Exchanges
Symbol
Exchange
Frankfurt
As of 11:31 AM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

commercial metals co (CMC) Snapshot

Open
$16.16
Previous Close
$15.89
Day High
$16.19
Day Low
$15.74
52 Week High
01/7/14 - $21.20
52 Week Low
10/15/14 - $14.21
Market Cap
1.9B
Average Volume 10 Days
1.1M
EPS TTM
$0.75
Shares Outstanding
117.7M
EX-Date
11/7/14
P/E TM
21.1x
Dividend
$0.48
Dividend Yield
3.05%
Current Stock Chart for COMMERCIAL METALS CO (CMC)

commercial metals co (CMC) Related Bloomberg News

View More Bloomberg News

commercial metals co (CMC) Related Businessweek News

No Related Businessweek News Found

commercial metals co (CMC) Details

Commercial Metals Company manufactures, recycles, and markets steel and metal products, and related materials and services in the United States and internationally. It operates through five segments: Americas Recycling, Americas Mills, Americas Fabrication, International Mill, and International Marketing and Distribution. The Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products through 29 scrap metal processing facilities to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. The Americas Mills segment operates 5 steel mills producing reinforcing bars, angles, flats, rounds, small beams, fence-post sections, and other shapes; 2 scrap metal shredders and 10 scrap metal processing facilities; and a railroad salvage company. The Americas Fabrication segment operates fence post manufacturing plants, construction-related product facilities, and plants that bend, weld, cut, and fabricate steel; warehouses that sell or rent products for the installation of concrete; facilities that produce steel fence posts; and facilities that heat-treat steel. The International Mill segment engages in mill, recycling, and fabrication operations through the operation of two rolling minimills that produce reinforcing bar (rebar) and merchant products; a specialty rod finishing mill; scrap processing facilities; and four steel fabrication facilities for rebar and mesh products. The International Marketing and Distribution segment processes, sells, and distributes steel products, ferrous and nonferrous metals, and other industrial products to manufacturers in the steel, nonferrous metals, metal fabrication, chemical, refractory, construction, and transportation businesses. The company was founded in 1915 and is headquartered in Irving, Texas.

commercial metals co (CMC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $926.5K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $538.7K
Senior Vice President and President of CMC Am...
Total Annual Compensation: $615.7K
Senior Vice President and President of CMC In...
Total Annual Compensation: $550.0K
Chief Human Resources Officer and Vice Presid...
Total Annual Compensation: $466.8K
Compensation as of Fiscal Year 2014.

commercial metals co (CMC) Key Developments

Commercial Metals Company to Invest $12 Million to Relocate and Expand its Manufacturing Operation in King George County

Governor Terry McAuliffe announced that Commercial Metals Company will invest $12 million to relocate and expand its manufacturing operation in King George County. The project will retain approximately 40 existing jobs and create another 20 new jobs.

Commercial Metals Company Provides Capital Expenditure Guidance for 2015

Commercial Metals Company provided capital expenditure guidance for 2015. The company is estimating 2015 capital budget to be between $140 million and $180 million. Many of these projects aim to address unlocking additional efficiencies and production capabilities at many of its facilities.

Commercial Metals Company Declares Quarterly Dividend, Payable on November 26, 2014; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended August 31, 2014; Reports Impairment of Assets for the Third Quarter of 2014

On October 27, 2014, Commercial Metals Company declared a quarterly dividend of $0.12 for stockholders of record on November 12, 2014. The dividend will be paid on November 26, 2014. The company announced unaudited consolidated earnings results for the fourth quarter and full year ended August 31, 2014. For the quarter, the company reported total net sales of $1,903,196,000 against $1,698,861,000 a year ago. Adjusted operating profit was $65,997,000 against $37,083,000 a year ago. Earnings from continuing operations before income taxes were $45,291,000 against $17,831,000 a year ago. Earnings from continuing operations were $35,224,000 or $0.29 per basic and diluted share against $3,728,000 or $0.03 per basic and diluted share a year ago. Net earnings attributable to the company were $34,926,000 or $0.29 per basic and diluted share against $4,057,000 or $0.03 per basic and diluted share a year ago. Adjusted operating profit from continuing operations was $66,517,000 against $36,654,000 a year ago. Adjusted operating profit was $65,997,000 against $37,083,000 a year ago. Adjusted EBITDA from continuing operations was $102,421,000 against $83,418,000 a year ago. Adjusted EBITDA was $101,901,000 against $84,527,000 a year ago. For the nine months, the company reported total net sales of $7,039,959,000 against $6,889,575,000 a year ago. Adjusted operating profit was $248,426,000 against $210,110,000 a year ago. Earnings from continuing operations before income taxes were $144,811,000 against $132,936,000 a year ago. Earnings from continuing operations were $102,087,000 or $0.87 per basic and diluted share against $74,957,000 or $0.64 per basic and diluted share a year ago. Net earnings attributable to the company were $115,551,000 or $0.98 per basic and diluted share against $77,315,000 or $0.66 per basic and diluted share a year ago. Net cash flows from operating activities were $136,940,000 against $147,732,000 a year ago. Capital expenditures were $101,749,000 against $89,035,000 a year ago. Adjusted operating profit from continuing operations was $226,417,000 against $206,438,000 a year ago. Adjusted operating profit was $248,426,000 against $210,110,000 a year ago. Adjusted EBITDA from continuing operations was $361,728,000 against $353,542,000 a year ago. Adjusted EBITDA was $384,062,000 against $360,029,000 a year ago. For the quarter, the company reported impairment of assets of $2,271,000 against $13,836,000 a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CMC:US $15.77 USD -0.12

CMC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Allegheny Technologies Inc $31.70 USD -0.18
Grupo Simec SAB de CV $46.15 MXN +1.16
Kennametal Inc $34.74 USD +0.55
Sims Metal Management Ltd A$11.46 AUD +0.55
Worthington Industries Inc $30.74 USD -4.65
View Industry Companies
 

Industry Analysis

CMC

Industry Average

Valuation CMC Industry Range
Price/Earnings 18.1x
Price/Sales 0.3x
Price/Book 1.4x
Price/Cash Flow 15.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COMMERCIAL METALS CO, please visit www.cmc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.