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

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$3.40 -0.01 (-0.29 %)
(As of 05/24/2019 04:00 PM ET)
Previous Close$3.40
Today's Range$3.38 - $3.47
52-Week Range$3.28 - $4.71
Volume3.65 million shs
Average Volume11.09 million shs
Market Capitalization$5.85 billion
P/E Ratio8.50
Dividend Yield2.05%
Beta1.93
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 Metalúrgica Gerdau S.A.

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Industry, Sector and Symbol

Industry Steel works, blast furnaces, & rolling & finishing mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone55-51-3323-2703

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$12.63 billion
Cash Flow$0.6841 per share
Book Value$4.08 per share

Profitability

Net Income$630.34 million

Miscellaneous

EmployeesN/A
Outstanding Shares1,719,658,000
Market Cap$5.85 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

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 given a dividend of $0.0176 per share on Wednesday, June 5th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.08%. 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) announced its 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 had revenue of $2.58 billion for the quarter. Gerdau had a return on equity of 9.49% and a net margin of 5.03%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates 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.

Has Gerdau been receiving favorable news coverage?

Media coverage about GGB stock has trended positive on Saturday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gerdau earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

Are investors shorting Gerdau?

Gerdau saw a decrease in short interest in April. As of April 30th, there was short interest totalling 53,789,718 shares, a decrease of 6.5% from the April 15th total of 57,520,215 shares. Based on an average trading volume of 9,619,040 shares, the days-to-cover ratio is currently 5.6 days. Approximately 4.7% of the company's stock are sold short. 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), Fossil Group (FOSL), Companhia Siderurgica Nacional (SID), 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 many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.95%), Man Group plc (0.56%), BlackRock Inc. (0.48%), Hsbc Holdings PLC (0.48%), JPMorgan Chase & Co. (0.43%) and Goldman Sachs Group Inc. (0.18%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, BlackRock Inc., Morgan Stanley, Goldman Sachs Group Inc., Northern Trust Corp, Pinebridge Investments L.P., Deprince Race & Zollo Inc. and Jane Street Group LLC.

Which major investors are buying Gerdau stock?

GGB stock was bought by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, JPMorgan Chase & Co., AQR Capital Management LLC, AMS Capital Ltda, Acadian Asset Management LLC, Wellington Management Group LLP, Thomas White International Ltd. and Nordea Investment Management AB.

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 $3.40.

How big of a company is Gerdau?

Gerdau has a market capitalization of $5.85 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.

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:  215 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  492
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 5/25/2019 by MarketBeat.com Staff

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