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Gerdau Stock Price, Forecast & Analysis (NYSE:GGB)

$3.63
+0.01 (+0.28 %)
(As of 11/15/2019 05:23 AM ET)
Today's Range
$3.54
Now: $3.63
$3.66
50-Day Range
$2.98
MA: $3.27
$3.72
52-Week Range
$2.73
Now: $3.63
$4.39
Volume7.01 million shs
Average Volume9.48 million shs
Market Capitalization$6.24 billion
P/E Ratio9.08
Dividend Yield1.80%
Beta1.88
Gerdau SA 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. Read More…

Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone55-11-3094-6300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.63 billion
Cash Flow$0.70 per share
Book Value$4.04 per share

Profitability

Net Income$630.34 million

Miscellaneous

Employees24,542
Outstanding Shares1,719,660,000
Market Cap$6.24 billion
Next Earnings Date4/3/2020 (Estimated)
OptionableOptionable

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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 quarterly dividend on Thursday, May 9th. Investors of record on Wednesday, May 22nd will be paid a dividend of $0.0176 per share on Wednesday, June 5th. This represents a $0.07 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Tuesday, May 21st. View Gerdau's Dividend History.

How were Gerdau's earnings last quarter?

Gerdau SA (NYSE:GGB) released its quarterly earnings results 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 return on equity of 5.34% and a net margin of 3.64%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Friday, April 3rd 2020. View Earnings Estimates for Gerdau.

What is the consensus analysts' recommendation for Gerdau?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gerdau in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gerdau.

Has Gerdau been receiving favorable news coverage?

Press coverage about GGB stock has been trending somewhat negative on Friday, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gerdau earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Gerdau.

Are investors shorting Gerdau?

Gerdau saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 68,470,000 shares, a drop of 5.9% from the September 30th total of 72,740,000 shares. Based on an average daily volume of 9,570,000 shares, the days-to-cover ratio is currently 7.2 days. Currently, 6.1% of the shares of the company are short sold. View Gerdau's Current Options Chain.

Who are some of Gerdau's key competitors?

What other stocks do shareholders of Gerdau own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gerdau investors own include Intelsat (I), Mallinckrodt (MNK), Bank of America (BAC), Companhia Siderurgica Nacional (SID), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC) and Ciena (CIEN).

Who are Gerdau's key executives?

Gerdau's management team includes the folowing people:
  • Mr. Claudio Gerdau Johannpeter, Chairman (Age 56)
  • Mr. Gustavo Werneck Da Cunha, Chief Exec. Officer (Age 46)
  • Mr. Harley Lorentz Scardoelli, Exec. VP, CFO & Investor Relations Officer (Age 56)
  • Clemir Uhlein, Accounting Director
  • Mr. Francisco Deppermann Fortes, VP of HR, IT, Corp. Process of Engineer and Safety & Environment (Age 56)

Who are Gerdau's major shareholders?

Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.39%), Daiwa Securities Group Inc. (0.03%), SG Americas Securities LLC (0.01%), Sumitomo Mitsui Trust Holdings Inc. (0.01%), Tower Research Capital LLC TRC (0.00%) and BB&T Securities LLC (0.00%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Fisher Asset Management LLC, Daiwa Securities Group Inc. and NEXT Financial Group Inc.

Which major investors are buying Gerdau stock?

GGB stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Tower Research Capital LLC TRC , BB&T Securities LLC, Wetherby Asset Management Inc., Corient Capital Partners LLC, Pinnacle Wealth Planning Services Inc. and Envestnet Asset Management Inc..

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, Robinhood, Fidelity and Charles Schwab.

What is Gerdau's stock price today?

One share of GGB stock can currently be purchased for approximately $3.63.

How big of a company is Gerdau?

Gerdau has a market capitalization of $6.24 billion and generates $12.63 billion in revenue each year. The basic materials company earns $630.34 million in net income (profit) each year or $0.40 on an earnings per share basis. Gerdau employs 24,542 workers across the globe.View Additional Information About Gerdau.

What is Gerdau's official website?

The official website for Gerdau is http://www2.gerdau.com/.

How can I contact Gerdau?

Gerdau's mailing address is Avenida Das Nacoes Unidas 8 501 - 8th Floor, SAO PAULO SP D5, 05425. The basic materials company can be reached via phone at 55-11-3094-6300 or via email at [email protected]


MarketBeat Community Rating for Gerdau (NYSE GGB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  239 (Vote Outperform)
Underperform Votes:  312 (Vote Underperform)
Total Votes:  551
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 11/15/2019 by MarketBeat.com Staff

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