Commercial Metals Co.

  • Producer Manufacturing
  • Metal Fabrication
  • Non-Energy Minerals
  • Steel
  • Manufacturing
  • Iron and Steel Mills and Ferroalloy Manufacturing


$32.8 -

Extented Hours




32.56 - 33.35


18.43 - 33.89

Join Discuss about CMC with like-minded investors

@DarkPoolAlgo #Dark Pool Charts

/*============================================= = Thursday, June 17, 2021 = =============================================*/ Futures Up/Down % Last Dow -110.00 0.32% 33,795 S&P 500 -16.25 0.39% 4,196 Nasdaq -87.50 0.63% 13,885 U.S. stock futures are lower, with major averages looking to open down between -0.3% and -0.6% after the Federal Reserve left interest rates unchanged on Wednesday but signaled it expected to boost interest rates two times by the end of 2023, earlier than Wall Street had anticipated. Treasury yields ended higher yesterday, as the 10-year holding around the 1.57% level (up roughly 8 bps prior to the Fed announcement). The number of Fed governors who expect rate hikes as early as 2022 – known as the dot plot – went to seven from four, essentially translating into two rate hikes in 2023 based on growth and inflation projections from the 18 members of the FOMC as the economy recovers rapidly from the effects of the pandemic and inflation heats up. Banking shares rally, however, as bond yields rise, with the 10-year Treasury hitting 1.55%. Chairman Jerome Powell also said officials discussed an eventual reduction of bond-buying, though the timing of such a move remains uncertain. In Asian markets, The Nikkei Index dropped -272 points to 29,018, the Shanghai Index rose 7 points to 3,525, and the Hang Seng Index gained 121 points to settle at 28,558. In Europe, the German DAX is down around -20 points to 5,695, while the FTSE 100is down -30 points at 7,150. Precious metal prices are plunging with gold and silver down sharply as the U.S. dollar rebounds. Market Closing Prices Yesterday The S&P 500 Index slipped -22.89 points, or 0.54%, to 4,223.70 The Dow Jones Industrial Average fell -265.63 points, or 0.77%, to 34,033.67 The Nasdaq Composite dipped -33.22 points, or 0.24%, to 14,039.68 The Russell 2000 Index declined -5.38 points, or 0.23% to 2,314.69 Events Calendar for Today 8:30 AM ET Weekly Jobless Claims…est. 359K 8:30 AM EST Continuing Claims…est. 3.43M 8:30 AM EST Philly Fed Business Index for June…est. 31.0 10:00 AM EST Leading Index MoM for May…est. 1.3% 10:30 AM ET Weekly EIA Natural Gas Inventory Data Earnings Calendar: Earnings Before the Open: $CMC, $JBL, $KR Earnings After the Close: $ADBE, $SWBI Other Key Events: Cowen Annual Future Health Conference (virtual), 6/16-6/17 Deutsche Bank Global Auto Industry Conference (virtual), 6/16-6/17 European Hematology Association (EHA) Virtual Meeting, 6/9-6/17 Macro Up/Down Last Nymex -0.07 72.08 Brent -0.10 74.29 Gold -10.10 1,801.35 EUR/USD -0.0063 1.1932 JPY/USD 0.05 110.76 10-Year Note -0.007 1.562% World News Brazil’s Central Bank raises rates by 75bps to 4.25% as expected; indicates it may do so again next meeting Swiss National Bank rates unchanged -0.75% as expected; Franc remains highly valued; prepared to intervene in FX markets; as necessary; 2021 GDP expected 3.5% vs. 2.5-3.0% previous Sector News Breakdown Consumer Lennar Corp. ($LEN) Q2 adj EPS $2.95 vs. est. 42.36; Q2 revs $6.4B vs. est. $5.91B; Deliveries of 14,493 homes, up 14%; new orders of 17,157 homes, up 32%; backlog of 24,741 homes, up 38% (backlog dollar value of $11.0 billion, up 56%); homebuilding net margins of $1.1 billion, compared to $655.1 million and gross margin on home sales of 26.1%, compared to 21.6% Honest Company ($HNST) 1Q adj EPS ($0.05) vs. est. ($0.06) on revs $81Mm vs. est. $79.3Mm; digital channel revenue increased 2% to $42.5 mln in q1 of 2021 compared to q1 of 2020 (downgraded to Neutral at Guggenheim) China’s market regulator has commenced an antitrust probe into Didi Chuxing as it prepares for a U.S. IPO, Reuters’ reported Energy, Industrials and Materials Northern Oil and Gas, Inc. ($NOG) announces core Permian basin bolt-on acquisitions of $102.2M; management intends to submit a request for a 50% increase to quarterly dividend; commenced underwritten public offering of 5 mln shares of its common stock Northern Oil and Gas ($NOG) 5M share Spot Secondary priced at $17.25 Culp Inc. ($CULP) Q4 adj EPS $0.11 on sales $79.1M vs. est. $0.08 and $66.1M; sees near-term headwinds temporarily pressuring business in FY22 The Federal Aviation Administration issued a directive for Boeing ($BA) requiring operators of 737 MAX airplanes to conduct additional inspections for the plane’s automated flight control system. The directive makes mandatory instructions released by Boeing in December that recommend that planes with more than 6,000 flight hours be subject to specific electronic checks. Financials The Justice Department said late Wednesday it would sue to stop insurance broker Aon’s ($AON) $30 billion bid for Willis Towers Watson ($WLTW) citing antitrust concerns. Shares of Arthur Gallagher ($AJG) shares fell – recall the co had agreed to buy assets from the two insurance brokers were selling in order to get antitrust approval in Europe Angel Oak Mortgage ($AOMR)2M share IPO priced at $19.00 The9 Limited ($NCTY) selects Coinbase Custody, a wholly owned subsidiary of Coinbase Global ($COIN) as the custodian for The9’s digital assets, including Bitcoin BNY Mellon ($BK) upgraded to Outperform from Market Perform at Keefe Bruyette Northern Trust ($NTRS) downgraded to Market Perform from Outperform at Keefe Bruyette Voya Financial ($VOYA) downgraded to Neutral from Buy at Citi Healthcare CureVac ($CVAC) shares fell 45% after saying its COVID-19 vaccine was only 47% effective in a late-stage trial, missing the study’s main goal and throwing in doubt the potential delivery of hundreds of millions of doses to the European Union. C4 Therapeutics ($CCCC)25M share Secondary priced at $37.00 iSpecimen ($ISPC)25M share IPO priced at $8.00 Biogen Inc. ($BIIB) announced topline results from its Phase 2 TANGO study of gosuranemab (BIIB092), an investigational anti-tau antibody that was being evaluated as a potential treatment for Alzheimer’s disease. Satsuma Pharmaceuticals ($STSA) announces positive pharmacokinetic, tolerability and safety results from phase 1 trial of sts101 at multiple dose strengths Tarsus Pharmaceuticals ($TARS) has initiated dosing participants in its first clinical trial for TP-05, a novel, oral, non-vaccine therapeutic for the prevention of Lyme disease. Lyell Immunopharma ($LYEL) 25M share IPO priced at $17.00 Verve Therapeutics ($VERV)04M share IPO priced at $19.00 Technology, Media & Telecom Baidu ($BIDU) is partnering with BAIC Group’s EV brand ARCFOX to jointly release Apollo Moon, a new generation of robotaxis that are set to be mass-produced with a per unit manufacturing price of RMB 480,000 Nokia ($NOK) to expedite rollout following the availability of a 3.5GHz spectrum; the improved services will offer premium 5G speeds to customers. Elbit Systems ($ESLT) subsidiary has been awarded two orders with an aggregate value of ~$29M by the US army’s program Urban One ($UONE) files to sell 2.93M shares of Class A common stock for holders

107 Replies 7 👍 8 🔥

@DaveDixon #CoreTrader

UK Markets Was a mixed day yesterday. BT Group jumped 6.6%, after US company, Altice Group stated that it purchased a 12.1% stake worth £2.2 billion in the broadband and mobile operator. Auto Trader Group climbed 6.5%, after the company issued an upbeat annual outlook and reinstated its dividend. Mitie Group advanced 5.9%, after the company projected its 2022 profit to be “materially ahead” of its prior expectations. CMC Markets added 1.7%, after the online trading platform reported a jump in annual profits. Capita gained 1.3%, after the company secured a £58.0 million three-year contract renewal with Tesco Mobile to operate the telecoms firm’s customer services. National Grid rose 0.1%, after a top broker raised its target price on the stock to 1003.0p from 970.0p. The FTSE 100 advanced 0.1%, to close at 7,088.2, while the FTSE 250 fell 0.7%, to end at 22,608. .

78 Replies 12 👍 6 🔥

@itsrobinhood #Market Masters Academy

sorry Im not on meta trader I use cmc. 😂 trade size is 64k usd

82 Replies 11 👍 10 🔥

@itsrobinhood #Market Masters Academy

Im in Canada and use CMC Markets

123 Replies 8 👍 8 🔥

@DaveDixon #CoreTrader

UK Market Markets finished again in the red yesterday, amid growing tensions about a third wave of Covid-19. Cineworld Group declined 7.6%, after the company swung to an annual loss. Apax Global Alpha slid 0.4%. The company announced that it was investing £18.37 million into ophthalmic lens manufacturer, Rodenstock Group, as part of a majority stake investment by the Apax X Fund. On the contrary, CMC Markets advanced 2.9%, after the online trading platform operator raised its annual guidance, citing robust fourth quarter results. Compass Group added 1.1%, after the catering company announced that its profitability improved in the second quarter. BBGI Global Infrastructure rose 0.1%, after the company raised its payout and affirmed plans to hike its dividend for the next two years. The FTSE 100 declined 0.6%, to close at 6,674.8, while the FTSE 250 fell 0.6%, to end at 21,277. .

120 Replies 6 👍 15 🔥

@Milpower1967 #ivtrades

I like to think PO2s had it the best. Believe it or not, SCPOs still got shit on (I did, routinely, by my Base CMC (who had the MCPON as his kids godfather)).

100 Replies 8 👍 15 🔥

@DaveDixon #CoreTrader

UK markets finished in the green yesterday, amid hopes of a post-Brexit trade deal. TalkTalk Telecom Group jumped 17.1%, after announcing that Toscafund Asset Management has made a nonbinding offer of 97.0p per share to buy the UK telecommunications firm. On the contrary, CMC Markets declined 5.9%. The company upgraded its guidance for annual revenue. Hargreaves Lansdown dropped 4.6%, after warning of weakening investor sentiment arising from COVID-19 and Brexit uncertainties. Imperial Brands slid 0.6%, after the company forecasted a drop in its annual earnings as it made higher provisions for stock and bad debts due to coronavirus crisis. London Stock Exchange Group slid 0.3%, following reports that it inched closer to a nearly €4.0 billion deal to sell Borsa Italiana to Euronext NV and two Italian institutions. The FTSE 100 advanced 0.5%, to close at 5,978.0, while the FTSE 250 rose 0.8%, to end at 17,946.2 .

49 Replies 11 👍 7 🔥

@Native14 #StockTraders.NET

I have an account with cmc markets and they offer both cfd with their platform and mt4 but don't know what should i use

126 Replies 9 👍 10 🔥

@Pyrognosis #droscrew

Ex Div Tomorrow: $BBD 0.0 $BMY 0.45 $CMC 0.12 $CSCO 0.36 $EIX 0.64 $IVR 0.02 $JPM 0.9 $MKC 0.62 $WERN 0.09

113 Replies 15 👍 8 🔥

Key Metrics

Market Cap

3.96 B



Avg. Volume

805.38 K

Shares Outstanding

120.59 M



Public Float


Next Earnings Date


Next Dividend Date

Company Information

Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network including seven electric arc furnace ("EAF") mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S. and Poland.

CEO: Barbara Smith


HQ: 6565 N Macarthur Blvd Ste 800 Irving, 75039-6283 Texas

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