Core & Main (CNM) to Announce Earnings on Wednesday

Core & Main (NYSE:CNM) is anticipated to post its Q2 2027 results before the market opens on Wednesday, September 9th. Analysts expect Core & Main to announce earnings of $0.9190 per share and revenue of $2.1358 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2027 earning results page for the latest details on the call scheduled for Wednesday, September 9, 2026 at 8:30 AM ET.

Core & Main Stock Up 0.1%

Shares of CNM opened at $44.37 on Monday. The firm has a fifty day moving average price of $44.88 and a 200-day moving average price of $48.27. The company has a current ratio of 2.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $8.59 billion, a P/E ratio of 18.80, a P/E/G ratio of 1.53 and a beta of 0.91. Core & Main has a 12-month low of $41.55 and a 12-month high of $67.18.

Analyst Upgrades and Downgrades

CNM has been the subject of a number of research analyst reports. Citigroup decreased their price objective on shares of Core & Main from $54.00 to $53.00 and set a “neutral” rating for the company in a report on Thursday, June 11th. Wall Street Zen lowered shares of Core & Main from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Northcoast Research lowered shares of Core & Main from a “buy” rating to a “neutral” rating in a research report on Wednesday, August 26th. William Blair initiated coverage on Core & Main in a report on Thursday, July 23rd. They issued a “market perform” rating for the company. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $24.00 price objective on shares of Core & Main in a research note on Thursday, June 11th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $56.70.

Insiders Place Their Bets

In other Core & Main news, Director James Hope acquired 2,067 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was bought at an average cost of $46.01 per share, with a total value of $95,102.67. Following the completion of the purchase, the director directly owned 11,805 shares in the company, valued at $543,148.05. The trade was a 21.23% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.51% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Core & Main

Several large investors have recently modified their holdings of CNM. Atlas Capital Advisors Inc. purchased a new position in Core & Main during the fourth quarter valued at approximately $116,000. Kestra Advisory Services LLC purchased a new stake in Core & Main during the fourth quarter worth $74,000. Marex Group plc bought a new stake in Core & Main during the 4th quarter valued at $231,000. Brown Brothers Harriman & Co. bought a new stake in Core & Main during the 4th quarter valued at $95,000. Finally, Lazard Asset Management LLC purchased a new position in shares of Core & Main in the 3rd quarter valued at $285,000. Institutional investors own 94.19% of the company’s stock.

Core & Main Company Profile

Core & Main, Inc (NYSE:CNM) is a leading distributor of water, sewer, storm drainage and fire protection products across North America. The company’s product portfolio includes valves, hydrants, pipe and fittings, meters, couplings and other essential components that support municipal, industrial and environmental infrastructure projects. By combining a comprehensive inventory with logistics and technical support, Core & Main helps customers address complex water system and distribution challenges.

With more than 300 branch locations and over 3,500 employees, Core & Main serves a diverse customer base that includes municipalities, contractors, engineers and utility providers.