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Insider Selling: Commercial Metals (NYSE:CMC) Chairman Sells 35,704 Shares of Stock

Commercial Metals (NYSE:CMC – Get Free Report) Chairman Barbara Smith sold 35,704 shares of the company’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $57.88, for a total transaction of $2,066,547.52. Following the sale, the chairman now directly owns 36,196 shares in the company, valued at […]

Commercial Metals (NYSE:CMC) Price Target Raised to $60 00 at BMO Capital Markets

Commercial Metals (NYSE:CMC – Free Report) had its price target lifted by BMO Capital Markets from $52.00 to $60.00 in a research note released on Friday, Benzinga reports. They currently have a market perform rating on the basic materials company’s stock. Separately, UBS Group initiated coverage on shares of Commercial Metals in a research note […]

Commercial Metals (NYSE:CMC) Announces Dividend Increase – $0 18 Per Share

Commercial Metals (NYSE:CMC – Get Free Report) announced a quarterly dividend on Wednesday, March 20th, Zacks reports. Stockholders of record on Monday, April 1st will be paid a dividend of 0.18 per share by the basic materials company on Wednesday, April 10th. This represents a $0.72 annualized dividend and a dividend yield of 1.23%. The […]

Commercial Metals (NYSE:CMC) Posts Quarterly Earnings Results, Misses Estimates By $0 05 EPS

Commercial Metals (NYSE:CMC – Get Free Report) issued its earnings results on Thursday. The basic materials company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.93 by ($0.05), Briefing.com reports. Commercial Metals had a return on equity of 17.72% and a net margin of 8.09%. The firm had revenue of […]

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