Analyst Downgrades – Commercial Metals (NYSE:CMC) Stock Gets Downgraded By Bank of America from Buy to Hold

Analyst Ratings For Commercial Metals (NYSE:CMC)

Today, Commercial Metals (NYSE:CMC) stock was downgraded by Bank of America from Buy to Hold with a price target of $28.00.

Some recent analyst ratings include

  • 3/14/2018-Bank of America was Downgraded by analysts at Bank of America from a “Buy ” rating to a ” Hold” rating. They now have a $28.00 price target on the stock, up previously from $25.36 .
  • 3/9/2018-JPMorgan Chase & Co. Upgrade from a “Neutral ” rating to a ” Overweight” rating.
  • 9/6/2017-Macquarie initiated coverage with a Underperform rating.
  • 8/15/2017-Clarkson Capital Reiterated Rating of Sell.
  • 3/28/2017-Credit Suisse Group Upgrade from a “Neutral ” rating to a ” Outperform” rating.

Dividend information for Commercial Metals (NYSE:CMC)

Commercial Metals (NYSE:CMC) pays an annual dividend of $0.48 with a yield of 1.94% and an average dividend growth of 0.00% based on a 3 Year Average..

Dividend History for Commercial Metals (NYSE:CMC)

  • On 1/2/2018 Commercial Metals announced a quarterly dividend of $0.12 1.98% with an ex dividend date of 1/12/2018 which will be payable on 1/31/2018.
  • On 10/24/2017 Commercial Metals announced a quarterly dividend of $0.12 2.22% with an ex dividend date of 11/7/2017 which will be payable on 11/22/2017.
  • On 6/21/2017 Commercial Metals announced a quarterly dividend of $0.12 2.55% with an ex dividend date of 7/3/2017 which will be payable on 7/20/2017.
  • On 3/22/2017 Commercial Metals announced a quarterly dividend of $0.12 2.62% with an ex dividend date of 4/3/2017 which will be payable on 4/20/2017.
  • On 1/4/2017 Commercial Metals announced a quarterly dividend of $0.12 2.1% with an ex dividend date of 1/12/2017 which will be payable on 2/1/2017.
  • On 10/25/2016 Commercial Metals announced a quarterly dividend of $0.12 2.92% with an ex dividend date of 11/7/2016 which will be payable on 11/23/2016.
  • On 6/22/2016 Commercial Metals announced a quarterly dividend of $0.12 2.9% with an ex dividend date of 7/5/2016 which will be payable on 7/21/2016.

Recent Insider Trading Activity For Commercial Metals (NYSE:CMC)
Commercial Metals (NYSE:CMC) has insider ownership of 1.50% and institutional ownership of 88.25%.

  • On 3/2/2018 Adam R Hickey, VP, sold 20,000 with an average share price of $25.85 per share and the total transaction amounting to $517,000.00.
  • On 2/26/2018 Adam R Hickey, CAO, sold 20,000 with an average share price of $25.50 per share and the total transaction amounting to $510,000.00.
  • On 1/18/2018 Tracy L Porter, EVP, sold 13,601 with an average share price of $25.04 per share and the total transaction amounting to $340,569.04.
  • On 1/16/2018 Tracy L Porter, EVP, sold 6,935 with an average share price of $25.14 per share and the total transaction amounting to $174,345.90.
  • On 7/26/2017 Melvin Ross Angeltvedt, Director, bought 15,000 with an average share price of $0.13 per share and the total transaction amounting to $1,950.00.
  • On 1/25/2017 Adam R Hickey, VP, sold 2,085 with an average share price of $20.85 per share and the total transaction amounting to $43,472.25.
  • On 11/11/2016 Adam B Batchelor, VP, sold 5,372 with an average share price of $20.37 per share and the total transaction amounting to $109,427.64.

Recent Trading Activity for Commercial Metals (NYSE:CMC)
Shares of Commercial Metals closed the previous trading session at with 24.56999969482422 shares trading hands.

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