About Gerdau (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
Trailing P/E Ratio-15.632812239592
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$11.56 billion
Price / Sales0.70
Cash Flow$0.32 per share
Price / Cash14.68
Book Value$4.35 per share
Price / Book1.08
Return on Equity-1.15%
Return on Assets-0.54%
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 quarterly dividend on Thursday, March 1st. Stockholders of record on Monday, March 12th will be paid a dividend of $0.0093 per share on Wednesday, March 28th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is Friday, March 9th. This is a boost from Gerdau's previous quarterly dividend of $0.01. 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 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.02. The basic materials company earned $2.58 billion during the quarter. Gerdau had a negative net margin of 0.92% and a negative return on equity of 1.15%. View Gerdau's Earnings History.
When will Gerdau make its next earnings announcement?
Where is Gerdau's stock going? Where will Gerdau's stock price be in 2018?
8 equities research analysts have issued 1 year target prices for Gerdau's shares. Their predictions range from $4.00 to $4.00. On average, they expect Gerdau's stock price to reach $4.00 in the next twelve months. View Analyst Ratings for Gerdau.
Are investors shorting Gerdau?
Gerdau saw a increase in short interest in February. As of February 28th, there was short interest totalling 54,034,365 shares, an increase of 0.7% from the February 15th total of 54,436,712 shares. Based on an average daily trading volume, of 15,127,825 shares, the days-to-cover ratio is presently 3.6 days.
Who are some of Gerdau's key competitors?
Some companies that are related to Gerdau include Fortescue Metals G (FSUGY), Steel Dynamics (STLD), Voestalpine (VLPNY), Evraz (EVRZF), Kumba Iron Ore (KIROY), United States Steel (X), Ternium (TX), SSAB Svenskt Stal (SSAAY), Aperam (APEMY), Acerinox (ANIOY), Outokumpu (OUTKY), Kobe Steel (KBSTY), Companhia Siderurgica Nacional (SID), Allegheny Technologies (ATI), Valmont Industries (VMI), Salzgitter (SZGPY), Commercial Metals (CMC) and Carpenter Technology (CRS).
Who are Gerdau's key executives?
Gerdau's management team includes the folowing people:
- Claudio Gerdau Johannpeter, Chairman of the Board (Age 53)
- Andre Bier Gerdau Johannpeter, Chief Executive Officer, Member of the Executive Board, Director (Age 54)
- Harley Lorentz Scardoelli, Chief Financial Officer, Executive Vice President of Investor Relations (Age 53)
- Manoel Vitor de Mendonca Filho, Executive Vice President of Gerdau Acominas (MG) (Age 60)
- Francisco Deppermann Fortes, Executive Vice President (Age 53)
- Guilherme Chagas Gerdau Johannpeter, Executive Vice President (Age 45)
- Fernando Fontes Iunes, Director (Age 54)
- Richard Chagas Gerdau Johannpeter, Director (Age 42)
- Expedito Luz, Director (Age 65)
- Affonso Celso Pastore, Independent Director (Age 77)
Has Gerdau been receiving favorable news coverage?
Press coverage about GGB stock has trended somewhat positive on Monday, according to Accern Sentiment. The research firm rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gerdau earned a media sentiment score of 0.19 on Accern's scale. They also assigned media stories about the basic materials company an impact score of 46.91 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Gerdau's major shareholders?
Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Fairpointe Capital LLC (1.20%), Renaissance Technologies LLC (0.94%), BlackRock Inc. (0.75%), Arrowstreet Capital Limited Partnership (0.23%), AMS Capital Ltda (0.16%) and Amundi Pioneer Asset Management Inc. (0.15%). View Institutional Ownership Trends for Gerdau.
Which major investors are selling Gerdau stock?
GGB stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Credit Agricole S A, Fairpointe Capital LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, Deltec Asset Management LLC, CoreCommodity Management LLC and Belpointe Asset Management LLC. View Insider Buying and Selling for Gerdau.
Which major investors are buying Gerdau stock?
GGB stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., AMS Capital Ltda, Amundi Pioneer Asset Management Inc., Sei Investments Co., Itau Unibanco Holding S.A., Barings LLC, Pinebridge Investments L.P. and Two Sigma Investments LP. View Insider Buying and Selling for Gerdau.
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 $4.69.
How big of a company is Gerdau?
Gerdau has a market capitalization of $8.07 billion and generates $11.56 billion in revenue each year. The basic materials company earns $-106,070,000.00 in net income (profit) each year or ($0.30) 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 (GGB)MarketBeat's community ratings are surveys of what our community members think about Gerdau 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.
Gerdau (NYSE:GGB) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.75||2.86||2.71||2.60|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
1 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
2 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$4.00||$4.00||$4.00||N/A|
|Price Target Upside: ||14.71% downside||12.09% downside||21.95% upside||N/A|
Gerdau (NYSE:GGB) Consensus Price Target History
Gerdau (NYSE:GGB) Analyst Ratings History
(Data available from 3/19/2016 forward)
Gerdau (NYSE:GGB) Earnings History and Estimates Chart
Gerdau (NYSE GGB) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/21/2018|| || || || || || || || |
|11/8/2017||Q3 2017||$0.03||$2.99 billion||View||N/A|
|8/9/2017||Q2 2017||$0.02||$2.86 billion||View||N/A|
|5/4/2017||Q1 2017||$0.15||$2.69 billion||View||N/A|
|2/22/2017||Q4 2016||($0.03)||$2.61 billion||View||N/A|
|11/9/2016||Q3 2016||$0.02||$2.68 billion||View||N/A|
|8/10/2016||Q2 2016||$0.01||$2.92 billion||View||N/A|
|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|
|8/13/2015||Q2 2015||$0.05||$3.50 billion||View||N/A|
|5/6/2015||Q1 2015||$0.02||$0.06||$3.39 billion||View||N/A|
|3/4/2015||Q4 2014||$0.03||$4.63 billion||View||N/A|
|11/5/2014||Q3 2014||$0.06||$4.27 billion||View||N/A|
|5/7/2014||Q1 2014||$0.10||$4.73 billion||View||N/A|
|3/24/2014||Q4 2013||$0.11||$4.44 billion||View||N/A|
|10/31/2013||Q3 2013||$0.12||$0.16||$4.69 billion||View||N/A|
|8/1/2013||Q2 2013||$0.07||$0.10||$4.32 billion||View||N/A|
|5/7/2013||Q1 2013||$0.12||$0.04||$4.56 billion||View||N/A|
Gerdau (NYSE:GGB) Earnings Estimates
No earnings estimates for this company have been tracked by MarketBeat.com
Gerdau (NYSE:GGB) Dividend Information
|Dividend Growth:||-37.90% (3 Year Average)|
|Payout Ratio:||-10.00% (Trailing 12 Months of Earnings) |
Gerdau (NYSE:GGB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Gerdau (NYSE GGB)
No insider trades for this company have been tracked by MarketBeat.com
Gerdau (NYSE GGB) News Headlines
|Gerdau SA (GGB) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - March 10 at 4:08 PM
|Morgan Stanley Downgrades Gerdau (GGB) to Equal|
www.americanbankingnews.com - March 8 at 10:37 AM
|What Should Nucor Investors Watch Out for in 2018?|
finance.yahoo.com - March 7 at 11:03 AM
|Companhia Siderurgica Nacional S.A. (CSN) -- Moody's: US import tariffs on steel will have mixed implications for Brazil's producers|
finance.yahoo.com - March 5 at 11:14 AM
|Gerdau SA (GGB) Sees Significant Growth in Short Interest|
www.americanbankingnews.com - March 5 at 2:10 AM
|Sei Investments Co. Acquires 1,325,723 Shares of Gerdau SA (GGB)|
www.americanbankingnews.com - March 3 at 8:00 AM
|Gerdau SA (GGB) Plans Quarterly Dividend of $0.01|
www.americanbankingnews.com - March 1 at 6:18 PM
|Gerdau SA (GGB) Shares Sold by Arrowstreet Capital Limited Partnership|
www.americanbankingnews.com - February 27 at 4:34 AM
|Pinebridge Investments L.P. Has $1.34 Million Stake in Gerdau SA (GGB)|
www.americanbankingnews.com - February 25 at 9:30 AM
|Kinross Gold (KGC) Buys Power Plants in Brazil|
www.streetinsider.com - February 15 at 5:52 AM
|Kinross Unit Acquires Two Hydroelectric Power Plants In Brazil - Quick Facts|
www.nasdaq.com - February 15 at 5:52 AM
|Gerdau SA (GGB) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - February 13 at 3:30 PM
|How ArcelorMittal’s Acquisitions Could Benefit Investors|
finance.yahoo.com - February 13 at 3:19 PM
|Gerdau SA (GGB) Short Interest Update|
www.americanbankingnews.com - February 12 at 3:44 AM
|Brazilian steelmaker CSN mulls asset sales, but 'not under pressure'|
finance.yahoo.com - February 8 at 5:39 AM
|Industry Group Rank Keep Gerdau (GGB) a Sell at recent price of $4.43 - Investorplace.com|
investorplace.com - February 5 at 3:19 PM
|Industry Group Rank Keep Gerdau (GGB) a Sell at recent price of $4.43|
investorplace.com - February 5 at 11:39 AM
|First Week of September 21st Options Trading For Gerdau (GGB) - Nasdaq|
www.nasdaq.com - February 3 at 5:49 AM
|Gerdau (GGB) Upgraded to "Outperform" at Credit Suisse Group|
www.americanbankingnews.com - February 3 at 12:04 AM
|Gerdau (GGB) a Sell at recent price of $4.48, on Shrinking Quant ... - Investorplace.com|
investorplace.com - February 2 at 5:43 AM
|Gerdau (GGB) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - January 24 at 9:06 PM
|Zacks Investment Research Upgrades Gerdau (GGB) to Buy|
www.americanbankingnews.com - January 23 at 9:32 PM
|Anemic Earnings Visibility Drop Gerdau (GGB) to Sell|
investorplace.com - January 17 at 10:27 AM
|Here's Why You Should Hold On To Gerdau Stock For Now|
feeds.benzinga.com - January 16 at 11:59 AM
|Gerdau (GGB) Upgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - January 15 at 4:28 PM
|Gerdau (GGB) a Hold on Pallid Earnings Visibility - Investorplace.com|
investorplace.com - January 11 at 9:56 AM
|Wired News – Commercial Metals Acquires US-Based Rebar Assets from Brazilian Steelmaker Gerdau|
finance.yahoo.com - January 4 at 9:36 AM
|Gerdau's Rebar Business Sale to Aid Core Growth, Lower Debt|
finance.yahoo.com - January 3 at 5:15 PM
|Commercial Metals Company To Acquire Certain U.S. Rebar Assets From Gerdau|
finance.yahoo.com - January 2 at 9:34 AM
|Gerdau SA (GGB) Sees Large Increase in Short Interest|
www.americanbankingnews.com - January 2 at 2:28 AM
|Head-To-Head Analysis: Dmc Global (BOOM) vs. Gerdau (GGB)|
www.americanbankingnews.com - December 31 at 9:30 AM
|Comparing Dmc Global (BOOM) & Gerdau (GGB)|
www.americanbankingnews.com - December 29 at 11:30 PM
|ETFs with exposure to Gerdau SA : December 29, 2017|
finance.yahoo.com - December 29 at 5:07 PM
|Gerdau SA (GGB) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - December 25 at 1:18 PM
|Gerdau (GGB) Upgraded to Hold by ValuEngine|
www.americanbankingnews.com - December 9 at 5:08 PM
|Reviewing L.B. Foster (FSTR) & Gerdau (GGB)|
www.americanbankingnews.com - December 8 at 3:52 AM
|ETFs with exposure to Gerdau SA : December 7, 2017|
finance.yahoo.com - December 7 at 5:37 PM
|Head-To-Head Review: Gerdau (GGB) vs. Cliffs Natural Resources (CLF)|
www.americanbankingnews.com - December 6 at 2:46 PM
|Gerdau S.A. (GGB) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - November 30 at 6:28 PM
|Gerdau S.A. (GGB) Sees Large Drop in Short Interest|
www.americanbankingnews.com - November 29 at 3:10 AM
|Gerdau (GGB) Rating Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - November 28 at 11:58 AM
|ETFs with exposure to Gerdau SA : November 27, 2017|
finance.yahoo.com - November 27 at 5:41 PM
|Gerdau S.A. (GGB) Upgraded by Bank of America Corporation to "Buy"|
www.americanbankingnews.com - November 27 at 8:36 AM
|Gerdau SA (GGB) Ex-Dividend Date Scheduled for November 22, 2017 - Nasdaq|
www.nasdaq.com - November 21 at 3:28 PM
|Analyzing Gerdau (GGB) and The Competition|
www.americanbankingnews.com - November 15 at 9:12 PM
|Analyst Favorites: Gerdau Ranks As A Top Metals Pick|
www.thestreet.com - November 14 at 7:37 PM
|ETFs with exposure to Gerdau SA : November 14, 2017|
finance.yahoo.com - November 14 at 7:37 PM
|Gerdau SA :GGB-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017|
finance.yahoo.com - November 13 at 9:41 AM
|ValuEngine Lowers Gerdau S.A. (GGB) to Sell|
www.americanbankingnews.com - November 10 at 12:58 AM
|Gerdau S.A. (GGB) Raises Dividend to $0.01 Per Share|
www.americanbankingnews.com - November 9 at 3:59 PM
Gerdau (NYSE:GGB) SEC Filings
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Gerdau (NYSE:GGB) Income Statement, Balance Sheet and Cash Flow Statement
Gerdau (NYSE GGB) Stock Chart for Monday, March, 19, 2018