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

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$4.05 0.00 (0.00 %)
(As of 09/20/2018 08:38 AM ET)
Previous Close$4.05
Today's Range$4.03 - $4.17
52-Week Range$2.89 - $5.32
Volume11.62 million shs
Average Volume7.82 million shs
Market Capitalization$6.96 billion
P/E Ratio45.00
Dividend Yield1.28%
Gerdau logoGerdau 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


Debt-to-Equity Ratio0.62
Current Ratio2.36
Quick Ratio1.39


Trailing P/E Ratio45.00
Forward P/E Ratio10.38
P/E Growth0.4

Sales & Book Value

Annual Sales$11.57 billion
Price / Sales0.60
Cash Flow$0.4765 per share
Price / Cash8.50
Book Value$4.35 per share
Price / Book0.93


EPS (Most Recent Fiscal Year)$0.09
Net Income$-112,550,000.00
Net Margins-0.43%
Return on Equity6.25%
Return on Assets2.96%


Outstanding Shares1,719,660,000
Market Cap$6.96 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 announced a special dividend on Thursday, August 9th. Investors of record on Friday, August 24th will be given a dividend of $0.0373 per share on Monday, September 10th. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, August 23rd. This is an increase from Gerdau's previous special dividend of $0.02. View Gerdau's Dividend History.

How were Gerdau's earnings last quarter?

Gerdau SA (NYSE:GGB) posted its quarterly earnings results on Wednesday, August, 8th. The basic materials company reported $0.12 earnings per share (EPS) for the quarter. The basic materials company earned $3.35 billion during the quarter. Gerdau had a positive return on equity of 6.25% and a negative net margin of 0.43%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Gerdau.

What price target have analysts set for GGB?

5 Wall Street analysts have issued twelve-month price objectives for Gerdau's stock. Their predictions range from $4.00 to $4.00. On average, they expect Gerdau's share price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets 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.

Are investors shorting Gerdau?

Gerdau saw a decline in short interest in August. As of August 15th, there was short interest totalling 39,931,984 shares, a decline of 18.3% from the July 31st total of 48,876,115 shares. Based on an average daily volume of 9,592,948 shares, the short-interest ratio is presently 4.2 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

Has Gerdau been receiving favorable news coverage?

News headlines about GGB stock have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gerdau earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news articles about the basic materials company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Gerdau.

Who are Gerdau's major shareholders?

Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.06%), Dimensional Fund Advisors LP (1.04%), Fairpointe Capital LLC (1.03%), Renaissance Technologies LLC (0.61%), Bank of America Corp DE (0.37%) and Millennium Management LLC (0.27%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Dimensional Fund Advisors LP, BlackRock Inc., Fairpointe Capital LLC, Sagil Capital LLP, Banco de Sabadell S.A and Advisors Asset Management Inc..

Which major investors are buying Gerdau stock?

GGB stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Fisher Asset Management LLC, Millennium Management LLC, Pinebridge Investments L.P., Indus Capital Partners LLC, Daiwa Securities Group Inc., Sei Investments Co. and FMR LLC.

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 $4.05.

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. Gerdau employs 30 workers across the globe.

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:  194 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  438
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 9/20/2018 by MarketBeat.com Staff

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