|Bid||20.15 x 100|
|Ask||23.55 x 500|
|Day's Range||21.07 - 21.96|
|52 Week Range||17.05 - 26.72|
|PE Ratio (TTM)||46.63|
|Earnings Date||Jun 20, 2018 - Jun 25, 2018|
|Forward Dividend & Yield||0.48 (2.35%)|
|1y Target Est||25.80|
Stock Monitor: Insteel Industries Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 25, 2018 / Active-Investors.com has just released a free earnings report on Commercial Metals Co. (NYSE: CMC ). ...
IRVING, Texas, April 19, 2018 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC") announced today that it has agreed to sell $350 million aggregate principal amount of 5.750% Senior Notes due 2026 (the "Notes") in an offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The offering is expected to close on or about May 3, 2018, subject to customary closing conditions. CMC intends to use the net proceeds from the offering to finance a portion of the purchase price of its previously announced acquisition of certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (GGB) (the "Business").
IRVING, Texas, April 19, 2018 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC") announced today that it is offering to sell, subject to market and other conditions, $350 million aggregate principal amount of Senior Notes due 2026 (the "Notes") in an offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Final terms for the offering of the Notes will be determined at the time of pricing. CMC intends to use the net proceeds from the offering to finance a portion of the purchase price of its previously announced acquisition of certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (GGB) (the "Business").
The construction sector is the largest steel consumer in China. Although we don’t get many indicators of China’s construction activity in the first two months of the year, some of the indicators show moderation in China’s real estate sector. For instance, new home prices rose in 44 of 70 cities in February, compared to 52 cities in January, according to the National Bureau of Statistics of China.
LONDON, UK / ACCESSWIRE / April 02, 2018 / Active-Investors has a free review on Commercial Metals Co. (NYSE: CMC ) following the Company's announcement that it will begin trading ex-dividend on April ...
Shares of Commercial Metals Co. sank 3.4% in premarket trade Thursday, after the steel maker reported fiscal second-quarter profit and sales that missed expectations. Net income for the quarter to Feb. ...
IRVING, Texas , March 22, 2018 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) today announced financial results for its second fiscal quarter ended February 28, 2018. Earnings from continuing operations ...
IRVING, Texas , March 21, 2018 /PRNewswire/ -- Today, March 21, 2018, the board of directors of Commercial Metals Company (NYSE: CMC) ("CMC") declared a regular quarterly cash dividend of $0.12 ...
NEW YORK, March 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Seasonal demand pick-up coupled with high lead times have positively impacted flat-rolled steel prices. It’s also worth noting that U.S. Steel (X) and AK Steel (AKS) took some of their flat-rolled capacity offline in 2015 in response to falling spot steel prices. Rebar prices have underperformed HRC (hot rolled coil) recently.
IRVING, Texas , Feb. 27, 2018 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC), in conjunction with its second quarter earnings release, invites you to listen to its conference call that will be broadcast ...
On the 4Q17 earnings call, ArcelorMittal’s (MT) CEO, Lakshmi Mittal, outlined a new capital allocation strategy. According to Mittal, “Mostly, we will continue to prioritize deleveraging, we believe that a net debt level of $6 billion with an appropriate target to sustain investment-grade rating metrics and support positive free cash flow even in the low point on the cycle. A few years back, ArcelorMittal set itself a medium-term net debt target of $15 billion.
As we discussed previously, ArcelorMittal (MT) has submitted its bid for Essar Steel. The acquisition, if completed, will provide ArcelorMittal with a strong platform in India. Notably, ArcelorMittal doesn’t have a major presence in India.
U.S. Steel Corporation: Should You Be Greedy or Fearful? As we noted previously, the near-term macro environment looks decent for steel companies like Nucor (NUE) and ArcelorMittal (MT). In this part, we’ll see how U.S. Steel Corporation (X) is trying to address some of its legacy issues.
The construction sector, which includes both residential and nonresidential construction, is the largest end steel consumer. In this article, we’ll look at some of the sector’s leading indicators, which may help us understand how its steel demand (X) could play out this year. Building permits and housing starts are seen as key indicators of residential construction activity.