NYSE:GGB - Gerdau Stock Price, News, & Analysis

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$4.04 -0.22 (-5.16 %)
(As of 02/21/2019 01:02 PM ET)
Previous Close$4.26
Today's Range$4.03 - $4.12
52-Week Range$3.37 - $5.32
Volume931,857 shs
Average Volume9.97 million shs
Market Capitalization$6.95 billion
P/E Ratio44.83
Dividend Yield3.00%
Beta1.95
Gerdau SA engages in the production and commercialization of steel products. It operates throuh the following segments: Brazil Operation, North America Operation, South Africa Operation, and Special Steels Operation. The Brazil Operation segment includes rebar, bars, shapes, drawn products, billets, blooms, slabs, wire rod, structural shapes, and iron ore. The North America Operation segment consists of rebar, bars, wire rod, and light and heavy structural shapes. The South Africa Operation segment covers rebar, bars, and drawn products. The Special Steels Operation segment comprises of stainless steel, round, square and flat bars, and wire rod. The company was founded on November 20, 1961 and is headquartered in Porto Alegre, Brazil.

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Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone55-51-3323-2703

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.57 billion
Cash Flow$0.4591 per share
Book Value$4.35 per share

Profitability

Net Income$-112,550,000.00

Miscellaneous

EmployeesN/A
Outstanding Shares1,719,660,000
Market Cap$6.95 billion
OptionableOptionable

Gerdau (NYSE:GGB) Frequently Asked Questions

What is Gerdau's stock symbol?

Gerdau trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGB."

How often does Gerdau pay dividends? What is the dividend yield for Gerdau?

Gerdau declared a special dividend on Thursday, November 8th. Shareholders of record on Monday, November 26th will be paid a dividend of $0.0345 per share on Monday, December 10th. The ex-dividend date is Friday, November 23rd. View Gerdau's Dividend History.

How were Gerdau's earnings last quarter?

Gerdau SA (NYSE:GGB) issued its quarterly earnings data on Wednesday, May, 4th. The basic materials company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The basic materials company earned $2.58 billion during the quarter. Gerdau had a net margin of 0.80% and a return on equity of 9.41%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Gerdau.

What is the consensus analysts' recommendation for Gerdau?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gerdau in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gerdau.

Has Gerdau been receiving favorable news coverage?

Headlines about GGB stock have trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gerdau earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Are investors shorting Gerdau?

Gerdau saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 78,323,446 shares, an increase of 1.4% from the January 15th total of 79,460,487 shares. Based on an average daily trading volume, of 11,206,724 shares, the short-interest ratio is presently 7.0 days. Currently, 6.8% of the shares of the company are short sold. View Gerdau's Current Options Chain.

Who are some of Gerdau's key competitors?

Who are Gerdau's key executives?

Gerdau's management team includes the folowing people:
  • Claudio Gerdau Johannpeter, Chairman
  • Gustavo Werneck da Cunha, Chief Executive Officer & Director
  • Harley Lorentz Scardoelli, CFO, Director-IR & Legal, Executive VP
  • Francisco Deppermann Fortes, Vice President
  • Manoel Vitor de Mendonça Filho, Executive Vice President-Brazil Business Division

Who are Gerdau's major shareholders?

Gerdau's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.96%), BlackRock Inc. (0.62%), Bank of America Corp DE (0.52%), Fisher Asset Management LLC (0.26%), Bank of New York Mellon Corp (0.11%) and Amundi Pioneer Asset Management Inc. (0.09%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Amundi Pioneer Asset Management Inc., Dimensional Fund Advisors LP, Van ECK Associates Corp, Macquarie Group Ltd., Nordea Investment Management AB, Fisher Asset Management LLC and Daiwa Securities Group Inc..

Which major investors are buying Gerdau stock?

GGB stock was purchased by a variety of institutional investors in the last quarter, including AMS Capital Ltda, Bank of America Corp DE, Windsor Creek Advisors LLC, Millennium Management LLC, Jane Street Group LLC, OLD Mission Capital LLC, Commerzbank Aktiengesellschaft FI and Two Sigma Advisers LP.

How do I buy shares of Gerdau?

Shares of GGB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Gerdau's stock price today?

One share of GGB stock can currently be purchased for approximately $4.0450.

How big of a company is Gerdau?

Gerdau has a market capitalization of $6.96 billion and generates $11.57 billion in revenue each year. The basic materials company earns $-112,550,000.00 in net income (profit) each year or $0.09 on an earnings per share basis.

What is Gerdau's official website?

The official website for Gerdau is http://www.gerdau.com.br.

How can I contact Gerdau?

Gerdau's mailing address is AV. FARRAPOS 1811, PORTO ALEGRE D5, 90220. The basic materials company can be reached via phone at 55-51-3323-2703 or via email at [email protected]


MarketBeat Community Rating for Gerdau (NYSE GGB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  262 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about Gerdau and other stocks. Vote "Outperform" if you believe GGB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GGB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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