About Gerdau S.A. (NYSE:GGB)
Gerdau S.A. (Gerdau) is a manufacturer of long steel in the North and South America. The Company is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Chile, Colombia, Spain, the United States, Guatemala, India, Mexico, Peru, the Dominican Republic, Uruguay and Venezuela. Its segments are Brazil Operations, which includes operations of steel and iron ore in Brazil, except Special Steels, and the operation of metallurgical coal and coke in Colombia; North America Operations, which includes all operations in North America, except those of Mexico and Special Steels; South America Operations, which includes operations in South America, except Brazil and the operation of metallurgical coal and coke in Colombia, and Special Steel Operations, including special steel operations in Brazil, Spain, the United States and India. It supplies its customers a range of products, including iron ore semi-finished products.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Steel
- Sub-Industry: N/A
- Symbol: NYSE:GGB
- CUSIP: N/A
- Web: www.gerdau.com.br
- Market Cap: $6.27675 billion
- Outstanding Shares: 1,709,153,000
- 50 Day Moving Avg: $3.65
- 200 Day Moving Avg: $3.28
- 52 Week Range: $2.60 - $4.39
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 22.69
- P/E Growth: 0.00
- Annual Revenue: $10.98 billion
- Price / Sales: 0.57
- Book Value: $4.61 per share
- Price / Book: 0.79
- Annual Dividend: $0.01
- Dividend Yield: 0.3%
- EBITDA: $1.13 billion
- Net Margins: -5.73%
- Return on Equity: 3.47%
- Return on Assets: 1.61%
- Debt-to-Equity Ratio: 0.62%
- Current Ratio: 2.08%
- Quick Ratio: 1.27%
- Average Volume: 7.56 million shs.
- Beta: 2.31
- Short Ratio: 4.36
Frequently Asked Questions for Gerdau S.A. (NYSE:GGB)
What is Gerdau S.A.'s stock symbol?
Gerdau S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "GGB."
How often does Gerdau S.A. pay dividends? What is the dividend yield for Gerdau S.A.?
Gerdau S.A. declared a quarterly dividend on Wednesday, August 9th. Stockholders of record on Thursday, August 24th will be paid a dividend of $0.005 per share on Monday, September 11th. This represents a $0.02 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Tuesday, August 22nd. View Gerdau S.A.'s Dividend History.
How were Gerdau S.A.'s earnings last quarter?
Gerdau S.A. (NYSE:GGB) released its quarterly earnings data on Wednesday, May, 4th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The firm had revenue of $2.58 billion for the quarter. Gerdau S.A. had a positive return on equity of 3.47% and a negative net margin of 5.73%. View Gerdau S.A.'s Earnings History.
When will Gerdau S.A. make its next earnings announcement?
Are investors shorting Gerdau S.A.?
Gerdau S.A. saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 28,644,321 shares, an increase of 18.2% from the August 31st total of 24,236,407 shares. Based on an average daily trading volume, of 9,433,004 shares, the short-interest ratio is currently 3.0 days.
Who are some of Gerdau S.A.'s key competitors?
Some companies that are related to Gerdau S.A. include Steel Dynamics (STLD), United States Steel Corporation (X), National Steel Company (SID), Commercial Metals Company (CMC), Carpenter Technology Corporation (CRS), Cliffs Natural Resources (CLF), Grupo Simec SAB de CV (SIM), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), L.B. Foster Company (FSTR), Dynamic Materials Corp. (BOOM), Olympic Steel (ZEUS), Northwest Pipe Company (NWPX), Synalloy Corporation (SYNL) and Bushveld Minerals Limited (BMN).
Who are Gerdau S.A.'s key executives?
Gerdau S.A.'s management team includes the folowing people:
- Claudio Gerdau Johannpeter, Chairman of the Board
- Andre Bier Gerdau Johannpeter, Chief Executive Officer, Member of the Executive Board, Director
- Harley Lorentz Scardoelli, Chief Financial Officer, Executive Vice President of Investor Relations
- Manoel Vitor de Mendonca Filho, Executive Vice President of Gerdau Acominas (MG)
- Francisco Deppermann Fortes, Executive Vice President
- Guilherme Chagas Gerdau Johannpeter, Executive Vice President
- Fernando Fontes Iunes, Director
- Richard Chagas Gerdau Johannpeter, Director
- Expedito Luz, Director
- Affonso Celso Pastore, Independent Director
How do I buy Gerdau S.A. stock?
Shares of Gerdau S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Gerdau S.A.'s stock price today?
MarketBeat Community Rating for Gerdau S.A. (NYSE GGB)MarketBeat's community ratings are surveys of what our community members think about Gerdau S.A. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Gerdau S.A. stock can currently be purchased for approximately $3.63.
Consensus Ratings for Gerdau S.A. (NYSE:GGB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||N/A|Consensus Price Target History for Gerdau S.A. (NYSE:GGB)
Analysts' Ratings History for Gerdau S.A. (NYSE:GGB)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/13/2017||Sandler O'Neill||Upgrade||Hold -> Buy||High|
|9/12/2017||Santander||Upgrade||Hold -> Buy||High|
|9/7/2017||Credit Suisse Group||Downgrade||Outperform -> Neutral||Low|
|9/1/2017||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||High|
|6/9/2017||Scotiabank||Upgrade||Underperform -> Sector Perform||Low|
|8/18/2016||Morgan Stanley||Upgrade||Equal Weight -> Overweight||N/A|
|5/22/2016||Bank of America Corporation||Reiterated Rating||Buy||N/A|
Earnings History for Gerdau S.A. (NYSE:GGB)Earnings History by Quarter for Gerdau S.A. (NYSE GGB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017|| || || || || || || || |
|5/4/2016||Q1 2016||$0.03||$0.01||$2.58 billion||View||N/A|
|10/29/2015||Q3 2015||$0.05||$0.03||$3.06 billion||$3.40 billion||View||N/A|
Earnings Estimates for Gerdau S.A. (NYSE:GGB)
Current Year EPS Consensus Estimate: $0.21 EPS
Next Year EPS Consensus Estimate: $0.16 EPS
Current Dividend Information for Gerdau S.A. (NYSE:GGB)
|Most Recent Dividend:||9/11/2017|
|Dividend Growth:||-13.60% (3 Year Average)|
|Payout Ratio:||-3.23% (Trailing 12 Months of Earnings) |
4.76% (Based on This Year's Estimates)
6.25% (Based on Next Year's Estimates)
Dividend History by Quarter for Gerdau S.A. (NYSE GGB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Gerdau S.A. (NYSE:GGB)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Gerdau S.A. (NYSE:GGB)
Latest Headlines for Gerdau S.A. (NYSE:GGB)
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Gerdau S.A. (GGB) Chart for Saturday, October, 21, 2017