Core Molding Technologies, Inc., together with its subsidiaries, engages in the molding of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compounds, bulk molding compounds, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, glass mat thermoplastics, direct long-fiber thermoplastics, and structural foam and web injection molding, as well as reaction injection molding utilizing dicyclopentadiene technology. It serves various markets, including medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products in the United States, Mexico, Canada, and internationally. The company was formerly known as Core Materials Corporation and changed its name to Core Molding Technologies, Inc. in August 2002. Core Molding Technologies, Inc. was incorporated in 1996 and is headquartered in Columbus, Ohio.
IPO Year: 1996
Exchange: AMEX
Website: coremt.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2023 | $24.00 | Buy | ROTH MKM |
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ROTH MKM initiated coverage of Core Molding Technologies with a rating of Buy and set a new price target of $24.00
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COLUMBUS, Ohio, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced its leadership transition. Dave Duvall, President and Chief Executive Officer, is to retire on May 31, 2026. Consistent with the Company's succession plan, the Company's Chief Operating Officer, Mr. Eric Palomaki, will assume the President and CEO role effective June 1, 2026. Following his retirement, D
COLUMBUS, Ohio, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company") announced today that Mr. Alex Bantz has been appointed to the position of Chief Commercial Officer, effective immediately. "Appointing Alex Bantz to the newly created role of Chief Commercial Officer is a pivotal step in accelerating Core's revenue growth initiatives and strategically advancing our Invest for Growth strategy," said David Duvall, President and Chief Executive Officer. "Alex's impressive track record of success in sales and marketing leadership roles makes him the ideal person to lead the charge. He brings a long tenure and expertise of
COLUMBUS, Ohio, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), announced today that Salvador Miñarro has been appointed to its Board of Directors. Mr. Miñarro is the Chief Executive Officer of Darnel Group, a global leader in the production of high-quality, food-grade sustainable packaging solutions and a pioneer in post-consumer recycled material. Prior to the Darnel Group Mr. Miñarro was the President and Chief Executive Officer of Vitro Automotive and also held executive positions in operations, sales and finance at Libbey, Inc. Mr. Miñarro has an executive MBA from Instituto Panamericano de Alta Dirección de Empre
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COLUMBUS, Ohio, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that management will participate in the 16th Annual Midwest IDEAS Investor Conference at The InterContinental Chicago Magnificent Mile in Chicago on August 26, 2025. The Company will host one-on-one investor meetings throughout the day, with their presentation scheduled for 2:45-3:20 PM CT on August 26
COLUMBUS, Ohio, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced its leadership transition. Dave Duvall, President and Chief Executive Officer, is to retire on May 31, 2026. Consistent with the Company's succession plan, the Company's Chief Operating Officer, Mr. Eric Palomaki, will assume the President and CEO role effective June 1, 2026. Following his retirement, D
COLUMBUS, Ohio, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2025. David Duvall, the Company's President and Chief Executive Officer, said, "I am proud of our team's disciplined execution in our ability to maintain gross margins with sales being down in our two current major markets: Truck and P
COLUMBUS, Ohio, July 17, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal 2025 results on Tuesday, August 5, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-888-506-0062 or 1-973-528-0011 (international) at least 10 minute
COLUMBUS, Ohio, June 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding," "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that management will participate in the 15th Annual East Coast IDEAS Investor Conference at The Westin Time Square in New York City on June 11, 2025. The Company will host one-on-one investor meetings throughout the day, with their presentation scheduled for 2:45-3:20 PM ET on June 11th. Dave Duvall, C
COLUMBUS, Ohio, May 22, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced the release of its third annual Sustainability Report, which highlights the Company's ongoing commitment to responsible business practices, community engagement, and environmental stewardship. Dave Duvall, the Company's President, and Chief Executive Officer, commented, "As an organization, we have set
COLUMBUS, Ohio, May 08, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today reported financial and operating results for the three months ended March 31, 2025. First Quarter 2025 Highlights Total net sales of $61.4 million decreased 21.4% compared to the prior year first quarter.Gross margin of $11.8 million, or 19.2% of net sales, increased from 17.0% of net sales compared to the prio
NEW YORK, May 1, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 1st The S&P 500 extended its win streak to seven straight sessions on Wednesday. The Index however finished April lower for its third consecutive monthly decline. Q1 GDP data released Wednesday showed the economy contracted by 0.3%.Traders are responding this morning to earnings results late Wednesday from Microsoft and Meta. Microsoft exceeded earnings expectations, while Meta reporte
COLUMBUS, Ohio., April 28, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal 2025 results on Thursday, May 8, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-888-506-0062 at least 10 minutes before the call and ask to join th
COLUMBUS, Ohio, March 11, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reported financial and operating results for the fiscal periods ended December 31, 2024. Fiscal Year 2024 Highlights Net sales of $302.4 million, down 15.5% from $357.7 million in the prior year; and product sales of $291.1 million, down 16.2% from the prior year. The decrease in sa
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COLUMBUS, Ohio, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2025. David Duvall, the Company's President and Chief Executive Officer, said, "I am proud of our team's disciplined execution in our ability to maintain gross margins with sales being down in our two current major markets: Truck and P
COLUMBUS, Ohio, July 17, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal 2025 results on Tuesday, August 5, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-888-506-0062 or 1-973-528-0011 (international) at least 10 minute
COLUMBUS, Ohio, May 08, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today reported financial and operating results for the three months ended March 31, 2025. First Quarter 2025 Highlights Total net sales of $61.4 million decreased 21.4% compared to the prior year first quarter.Gross margin of $11.8 million, or 19.2% of net sales, increased from 17.0% of net sales compared to the prio
COLUMBUS, Ohio., April 28, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal 2025 results on Thursday, May 8, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone: Dial 1-888-506-0062 at least 10 minutes before the call and ask to join th
COLUMBUS, Ohio, March 11, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reported financial and operating results for the fiscal periods ended December 31, 2024. Fiscal Year 2024 Highlights Net sales of $302.4 million, down 15.5% from $357.7 million in the prior year; and product sales of $291.1 million, down 16.2% from the prior year. The decrease in sa
COLUMBUS, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and fiscal year 2024 results on Tuesday, March 11, 2025, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask t
COLUMBUS, Ohio, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended September 30, 2024. Third Quarter 2024 Highlights Total net sales of $73.0 million decreased 15.8% compared to the prior year third quarter.Gross margin of $12.3 million, or 16.9% of net sales, compared to 17.6% of net sales in the prior y
COLUMBUS, Ohio, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its third quarter fiscal year 2024 results on Tuesday, November 5, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j
COLUMBUS, Ohio, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today reports financial and operating results for the fiscal periods ended June 30, 2024. Second Quarter 2024 Highlights Total net sales of $88.7 million decreased 9.2% compared to the prior year second quarter.Gross margin of $17.7 million, or 20.0% of net sales, compared to 21.0% of net sales in the prior y
COLUMBUS, Ohio, July 17, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE:CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its second quarter fiscal year 2024 results on Tuesday, August 6, 2024, before the market opens. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern. By Phone:Dial 1-844-881-0134 at least 10 minutes before the call and ask to j