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

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$4.03 +0.01 (+0.25 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$4.02
Today's Range$3.87 - $4.03
52-Week Range$2.89 - $5.32
Volume958,181 shs
Average Volume17.27 million shs
Market Capitalization$7.12 billion
P/E Ratio44.78
Dividend Yield0.67%
Gerdau S.A. provides steel-related products and services worldwide. It operates through four segments: Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. The company offers semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles, which are used primarily in the construction and manufacturing industries; and drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire meshes, nails, and clamps, as well as mines and produces iron ore. It also produces special steel products for use in auto parts, light and heavy vehicles, and agricultural machinery, as well as the oil and gas, wind energy, machinery and equipment, mining and rail, and others markets. In addition, the company offers flat products comprising hot rolled coils and heavy plates; and resells flat steel products. It sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in Sao Paulo, Brazil. Gerdau S.A. is a subsidiary of Metalurgica Gerdau S.A.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Steel works, blast furnaces, & rolling & finishing mills
SectorBasic Materials
Current SymbolNYSE:GGB
Previous Symbol


Debt-to-Equity Ratio0.60
Current Ratio2.42
Quick Ratio1.43


Trailing P/E Ratio44.78
Forward P/E Ratio9.37
P/E Growth0.4

Sales & Book Value

Annual Sales$11.57 billion
Price / Sales0.60
Cash Flow$0.4638 per share
Price / Cash8.69
Book Value$3.95 per share
Price / Book1.02


EPS (Most Recent Fiscal Year)$0.09
Net Income$-112,550,000.00
Net Margins0.80%
Return on Equity9.41%
Return on Assets4.46%


Outstanding Shares1,719,660,000
Market Cap$7.12 billion

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) posted its quarterly earnings results on Wednesday, May, 4th. The basic materials company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.02. The basic materials company had revenue of $2.58 billion for 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 price target have analysts set for GGB?

4 brokerages have issued 12-month price targets for Gerdau's shares. Their forecasts range from $4.00 to $4.00. On average, they expect Gerdau's stock price to reach $4.00 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View Analyst Price Targets for Gerdau.

What is the consensus analysts' recommendation for Gerdau?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gerdau in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gerdau.

Has Gerdau been receiving favorable news coverage?

News coverage about GGB stock has been trending positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gerdau earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.

Are investors shorting Gerdau?

Gerdau saw a increase in short interest in October. As of October 31st, there was short interest totalling 80,594,597 shares, an increase of 42.4% from the October 15th total of 56,613,722 shares. Based on an average daily volume of 17,334,199 shares, the short-interest ratio is currently 4.6 days. 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:
  • Mr. Claudio Gerdau Johannpeter, Chairman (Age 55)
  • Mr. Harley Lorentz Scardoelli, Exec. VP, CFO & Investor Relations Officer (Age 55)
  • Mr. Francisco Deppermann Fortes, VP of HR, IT, Corp. Process of Engineer and Safety & Environment (Age 55)
  • Mr. Gustavo Werneck Da Cunha, Chief Exec. Officer (Age 45)
  • Clemir Uhlein, Accounting Director

Who are Gerdau's major shareholders?

Gerdau's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Capital Growth Management LP (1.16%), Dimensional Fund Advisors LP (1.00%), BlackRock Inc. (0.92%), Axiom International Investors LLC DE (0.76%), Renaissance Technologies LLC (0.44%) and Fisher Asset Management LLC (0.28%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., Dimensional Fund Advisors LP, Credit Suisse AG, AMG Funds LLC, Daiwa Securities Group Inc., Panagora Asset Management Inc. and Nwam LLC.

Which major investors are buying Gerdau stock?

GGB stock was acquired by a variety of institutional investors in the last quarter, including Capital Growth Management LP, Fisher Asset Management LLC, Canada Pension Plan Investment Board, Axiom International Investors LLC DE, Deprince Race & Zollo Inc., SPX Equities Gestao de Recursos Ltda, SG Americas Securities LLC and Russell Investments Group Ltd..

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 $4.03.

How big of a company is Gerdau?

Gerdau has a market capitalization of $7.12 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:  197 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  448
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 11/14/2018 by MarketBeat.com Staff

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