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CMC Announces an 11% Increase in Quarterly Dividend
Prnewswire· 2026-03-25 12:49
CMC Announces an 11% Increase in Quarterly Dividend Accessibility StatementSkip NavigationIRVING, Texas, March 25, 2026 /PRNewswire/ -- Today, March 25, 2026, the board of directors of CMC (NYSE: CMC) declared a regular quarterly cash dividend of $0.20 per share of CMC common stock, an increase of $0.02, or 11%, from the dividend paid in February 2026. CMC's 246th consecutive quarterly dividend will be paid on April 15, 2026, to stockholders of record as of the close of business on April 6, 2026."This annou ...
How To Earn $500 A Month From Commercial Metals Stock Ahead Of Q2 Earnings
Benzinga· 2026-03-25 11:56
Analysts expect the company to report quarterly earnings of $1.32 per share. That’s up from 26 cents per share in the year-ago period. The consensus estimate for Commercial Metals' quarterly revenue is $2.09 billion (it reported $1.75 billion last year), according to Benzinga Pro.On Jan. 8, Commercial Metals delivered a sharp first-quarter earnings beat on stronger steel margins and construction demand.Some Commercial Metals investors are eyeing potential gains from the company's dividends. As of now, Comme ...
Ahead of Commercial Metals (CMC) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2026-03-23 14:16
Wall Street analysts expect Commercial Metals (CMC) to post quarterly earnings of $1.28 per share in its upcoming report, which indicates a year-over-year increase of 392.3%. Revenues are expected to be $1.98 billion, up 13% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earni ...
Cielo Announces Strategic Partnership Framework Agreement with Tano T’enneh Enterprises for Proposed Sustainable Aviation Fuel Facility in British Columbia
Globenewswire· 2026-03-16 11:00
CALGARY, Alberta, March 16, 2026 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) is pleased to announce that it has entered into a non-binding Strategic Partnership Framework Agreement dated March 14th, 2026 (the “SPFA”) with Tano T’enneh Enterprises (“TTE”), a wholly owned enterprise of the Lheidli T’enneh Nation, to collaboratively advance Project Nexus, Cielo’s previously announced sustainable aviation fuel facility proposed for development on land to ...
Commercial Metals Company Stock: Not Now, But Maybe Later In 2026E (NYSE:CMC)
Seeking Alpha· 2026-03-14 05:50
Core Viewpoint - The article discusses the investment position of the author in TKAMY shares, indicating a beneficial long position through various means such as stock ownership and derivatives [1]. Group 1 - The author expresses personal opinions regarding the investment without receiving compensation from any company mentioned [1]. - The article emphasizes that it is not financial advice and that investors should conduct their own due diligence before making investment decisions [2]. - It highlights the risks associated with short-term trading and options trading, suggesting that these strategies may not be suitable for all investors [2]. Group 2 - The article notes that past performance does not guarantee future results, and no specific investment recommendations are provided [3]. - It clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [3]. - The article mentions that analysts may not be licensed or certified, which could impact the reliability of the information presented [3].
Cielo Waste Solutions Corp. to Present at the Clean Energy & Renewables Virtual Investor Conference March 5th
Globenewswire· 2026-03-02 13:35
Company Overview - Cielo Waste Solutions Corp. is a Calgary-based renewable fuels company focused on transforming waste materials into high-value products, specifically developing a Sustainable Aviation Fuel (SAF) facility in Prince George, British Columbia [3] - The company utilizes proven technology to convert woody biomass and forestry residues into drop-in SAF, targeting one of the lowest carbon-intensity fuel pathways in the market [3] Project Development - The Prince George SAF facility is advancing to pre-FEED (Front-End Engineering Design) stage, aligning with British Columbia's Low Carbon Fuels Regulation and provincial SAF initiative priorities [3][6] - The project is positioned to capitalize on the surging global demand for SAF, as airline decarbonization mandates are accelerating worldwide while SAF supply is lagging behind demand [6] Revenue Potential - Cielo's project is expected to create a compelling dual revenue stream from both fuel sales and Low Carbon Fuel Standard (LCFS) credits, as BC's Low Carbon Fuels Regulation now includes jet fuel carbon intensity reduction targets [6] - The alignment with provincial priorities enhances the revenue profile of the project, making it a strong candidate for investment [6] Upcoming Events - The CEO of Cielo Waste Solutions Corp., Ryan Jackson, will present live at the Clean Energy & Renewables Virtual Investor Conference on March 5th, 2026, providing an opportunity for investors to engage with the company [1][2] - An archived webcast will be available for those unable to attend the live event, and pre-registration is recommended for online investors [1]
Cielo Closes Private Placement Financing Previously Announced in Connection with Strategic Asset Acquisition
Globenewswire· 2026-03-02 12:00
Core Viewpoint - Cielo Waste Solutions Corp. has successfully closed a non-brokered private placement financing, raising $1,000,000 to support its strategic asset acquisition with Canadian Discovery Ltd. [1][2][3] Financing Details - The financing involved the issuance of 16,666,667 Units at a price of $0.06 per Unit, each Unit consisting of one common share and one warrant [2] - Each warrant allows the holder to purchase an additional common share at $0.15 for a period of 48 months [2] - The financing was conducted under exemptions from prospectus requirements and is subject to a statutory hold period [4] Use of Proceeds - Net proceeds from the financing are intended for general corporate purposes and to advance ongoing project development activities, specifically related to Project Nexus and the Nexus Platform [5] Related Party Transactions - Certain principals of Canadian Discovery Ltd. and insiders of Cielo participated in the financing, which is classified as a related party transaction [6] - The company relied on exemptions from formal valuation and minority shareholder approval requirements due to the fair market value of securities issued not exceeding 25% of the company's market capitalization [6] Proposed Acquisition - The proposed acquisition of proprietary project development and evaluation assets from Canadian Discovery Ltd. is still subject to negotiation, execution of definitive documentation, and regulatory approvals [7] Company Overview - Cielo Waste Solutions Corp. focuses on advancing waste-derived feedstocks into sustainable aviation fuel and other low-carbon energy products [9] - The company is executing a disciplined, asset-anchored development strategy through its Nexus Platform, which supports project evaluation, engineering, financing, and execution [9][10]
CMC Announces Second Quarter Fiscal 2026 Conference Call Webcast Details
Prnewswire· 2026-02-26 21:15
CMC Announces Second Quarter Fiscal 2026 Conference Call Webcast Details [Accessibility Statement] Skip NavigationIRVING, Texas, Feb. 26, 2026 /PRNewswire/ -- CMC (NYSE: CMC), in conjunction with its second quarter earnings release for fiscal 2026, invites you to listen to its conference call that will be broadcast live over the Internet on Thursday, March 26, 2026, at 11:00 a.m. Eastern Time (10:00 a.m. Central) with Peter Matt, President and Chief Executive Officer, and Paul Lawrence, Senior Vice Presiden ...
Is CMC's North America Steel Group Segment Set for Long-Term Growth?
ZACKS· 2026-02-25 17:16
Core Insights - Commercial Metals Company (CMC) is experiencing strong demand in North America across its major product lines, with significant growth in steel product margins and adjusted EBITDA [1][2][9] Financial Performance - The North America Steel Group segment achieved an adjusted EBITDA of $294 million in the fiscal first quarter of 2026, reflecting a year-over-year increase of 57.9% [2][9] - The steel products metal margin increased by $132 per ton, reaching the highest level in three years [1][9] - The Zacks Consensus Estimate for CMC's fiscal 2026 sales is projected at $8.89 billion, indicating a 13.9% year-over-year increase, while earnings are expected to rise by 134.5% to $7.34 per share [12] Strategic Initiatives - The Transform, Advance, Grow (TAG) initiative has contributed to the expansion of metal margins through scrap optimization efforts launched in fiscal 2025 [3] - The Arizona 2 Micro-Mill is now operational and has positively impacted the company's fiscal first-quarter performance [3][9] Market Trends - Strong public sector construction spending is expected to support rebar consumption, indicating durable structural trends that will act as a catalyst for long-term growth [4] - CMC's shares have increased by 50.1% over the past year, compared to the industry's growth of 60.6% [8] Peer Comparison - Cleveland-Cliffs Inc. reported a significant decline in adjusted EBITDA from $773 million in 2024 to $37 million in 2025, impacted by weak automotive demand and lower steel prices [5] - Steel Dynamics, Inc. achieved record steel shipments in 2025, with an adjusted EBITDA of $505 million in Q4 2025, marking a 36% year-over-year increase [6]
CMC vs. CRS: Which Steel Stock Is the Better Buy Right Now?
ZACKS· 2026-02-24 17:15
Core Insights - Commercial Metals Company (CMC) and Carpenter Technology Corporation (CRS) are two prominent steel stocks with significant market presence, and an analysis is conducted to determine which stock is better positioned for growth [1] Group 1: Commercial Metals Company (CMC) - In Q1 of fiscal 2026, CMC reported revenues of $2.12 billion, reflecting an 11% year-over-year growth driven by strong demand in the North America Steel Group and Construction Solutions Group [2] - CMC's earnings per share surged to $1.84, marking a 142% increase year-over-year [3] - The company completed two major acquisitions in December 2025, which are expected to enhance results in Q2 of fiscal 2026 and position CMC as a leading player in the Mid-Atlantic and Southeastern regions [4] - CMC anticipates operational synergies of $25-$30 million from the acquisitions by year three, although it will incur acquisition-related expenses in Q2 of fiscal 2026 [5] - The Transform, Advance, Grow Program launched in September 2024 is expected to yield an annualized EBITDA benefit of $150 million for fiscal 2026 [6] Group 2: Carpenter Technology Corporation (CRS) - CRS reported revenues of $728 million for Q2 of fiscal 2026, a 7.5% year-over-year increase, with adjusted earnings of $2.33 per share, up from $1.66 in the previous year [7] - The Specialty Alloys Operations segment saw revenue growth due to Aerospace and Defense and Energy markets, while Performance Engineered Products faced challenges from Medical and Distribution markets [8] - CRS expects operating income of $680-$700 million for fiscal 2026, indicating a 31% year-over-year growth at the midpoint [9] - The stock has gained 93% over the past year, and CRS anticipates achieving $765-$800 million in operating income by 2027, reflecting a 25% compound annual growth rate compared to fiscal 2025 [10][11] - CRS is investing in a $400 million brownfield expansion project to enhance its high-purity melt capacity, which is on schedule and budget [13] Group 3: Earnings Estimates and Valuation - The Zacks Consensus Estimate for CMC's fiscal 2026 earnings is $7.34 per share, indicating a 134.5% year-over-year growth, while the estimate for 2027 suggests a slight dip of 1.5% [14] - For CRS, the earnings estimate for fiscal 2026 is $10.28 per share, suggesting a 37.4% year-over-year increase, with a 2027 estimate of $12.13 indicating 17.9% growth [14] - CMC is trading at a forward earnings multiple of 10.38X, lower than its five-year median, while CRS trades at 33.51X, higher than its five-year median [19] Group 4: Investment Outlook - Both CMC and CRS are positioned to benefit from growth and recent investments, but CRS has shown stronger price performance and a more favorable outlook [21] - CRS holds a Zacks Rank 2 (Buy), while CMC has a Zacks Rank 3 (Hold), indicating a preference for CRS as the better investment option at this time [22]