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: $6.65508 billion
- Outstanding Shares: 1,709,153,000
- 50 Day Moving Avg: $3.66
- 200 Day Moving Avg: $3.32
- 52 Week Range: $2.49 - $4.39
Sales & Book Value:
- Trailing P/E Ratio: 11.26
- Foreward P/E Ratio: 22.06
- P/E Growth: 0.00
- Annual Revenue: $5.56 billion
- Price / Sales: 1.15
- Book Value: $4.63 per share
- Price / Book: 0.81
- Annual Dividend: $0.01
- Dividend Yield: 0.3%
- EBIDTA: $595.54 million
- 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: 6.84 million shs.
- Beta: 2.33
- 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. announced a quarterly dividend on Wednesday, August 9th. Investors of record on Thursday, August 24th will be given a dividend of $0.005 per share on Monday, September 11th. This represents a $0.02 annualized dividend and a yield of 0.53%. 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) announced its quarterly earnings results on Wednesday, May, 4th. The company reported $0.01 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.02. The business earned $2.58 billion during 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?
Who are some of Gerdau S.A.'s key competitors?
Some companies that are related to Gerdau S.A. include Steel Dynamics (STLD), National Steel Company (SID), United States Steel Corporation (X), Cliffs Natural Resources (CLF), Commercial Metals Company (CMC), Carpenter Technology Corporation (CRS), Grupo Simec SAB de CV (SIM), Mechel PAO (MTL), Gibraltar Industries (ROCK), SunCoke Energy Partners, L.P. (SXCP), SunCoke Energy (SXC), Dynamic Materials Corp. (BOOM), Olympic Steel (ZEUS), L.B. Foster Company (FSTR), 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
Who owns Gerdau S.A. stock?
Gerdau S.A.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.07%), Fairpointe Capital LLC (1.93%), Renaissance Technologies LLC (1.09%), Vanguard Group Inc. (1.00%), BT Investment Management Ltd (0.94%) and JPMorgan Chase & Co. (0.60%). View Institutional Ownership Trends for Gerdau S.A..
Who sold Gerdau S.A. stock? Who is selling Gerdau S.A. stock?
Gerdau S.A.'s stock was sold by a variety of institutional investors in the last quarter, including Banco BTG Pactual S.A., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Parametric Portfolio Associates LLC, Van ECK Associates Corp, Bank of Montreal Can, Daiwa Securities Group Inc. and Sei Investments Co.. View Insider Buying and Selling for Gerdau S.A..
Who bought Gerdau S.A. stock? Who is buying Gerdau S.A. stock?
Gerdau S.A.'s stock was acquired by a variety of institutional investors in the last quarter, including BT Investment Management Ltd, Arrowstreet Capital Limited Partnership, Bank of New York Mellon Corp, JPMorgan Chase & Co., Vanguard Group Inc., Fairpointe Capital LLC, Quantitative Investment Management LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Gerdau S.A..
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 $3.75.
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|
Analysts' Ratings History for Gerdau S.A. (NYSE:GGB)
(Data available from 9/20/2015 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: $0.19 EPS
Next Year EPS Consensus Estimate: $0.17 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) |
5.26% (Based on This Year's Estimates)
5.88% (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)
|Gerdau S.A. (GGB) Upgraded by Zacks Investment Research to "Buy"|
www.americanbankingnews.com - September 20 at 1:26 PM
|Gerdau S.A. (GGB) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - September 18 at 1:26 PM
|Gerdau S.A. (GGB) Cut to Hold at Zacks Investment Research|
www.americanbankingnews.com - September 17 at 11:38 PM
|Gerdau S.A. (GGB) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - September 16 at 4:36 PM
|Gerdau S.A. (GGB) Upgraded to "Buy" by Sandler O'Neill|
www.americanbankingnews.com - September 13 at 11:06 PM
|Santander Upgrades Gerdau S.A. (GGB) to "Buy"|
www.americanbankingnews.com - September 12 at 12:34 PM
|Gerdau S.A. (GGB) Lifted to Buy at Zacks Investment Research|
www.americanbankingnews.com - September 11 at 12:38 PM
|Contrasting Gerdau (GGB) & Mechel PAO (MTL)|
www.americanbankingnews.com - September 8 at 8:28 PM
|Gerdau S.A. (GGB) Stock Rating Lowered by Credit Suisse Group|
www.americanbankingnews.com - September 7 at 12:00 PM
|Gerdau S.A. (GGB) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - September 5 at 7:10 PM
|Gerdau S.A. (GGB) Rating Increased to Overweight at J P Morgan Chase & Co|
www.americanbankingnews.com - September 4 at 5:10 PM
|Zacks Investment Research Upgrades Gerdau S.A. (GGB) to "Buy"|
www.americanbankingnews.com - September 4 at 1:52 PM
|JPMorgan Upgrades Gerdau SA (GGB) to Overweight - StreetInsider.com|
www.streetinsider.com - September 1 at 4:57 AM
|Gerdau (GGB) versus Northwest Pipe (NWPX) Head to Head Analysis|
www.americanbankingnews.com - September 1 at 12:28 AM
|Gerdau S.A. (GGB) Lowered to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - August 29 at 7:02 PM
|Gerdau S.A. (GGB) Raised to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - August 28 at 1:12 PM
|Gerdau names new CEO, controlling family members to drop exec positions|
seekingalpha.com - August 25 at 6:01 AM
|Brazil's Gerdau appoints new CEO as controlling family leaves management|
finance.yahoo.com - August 25 at 6:01 AM
|[$$] Brazilian Steelmaker Gerdau Shakes Up Top Ranks, Names New CEO|
finance.yahoo.com - August 25 at 6:01 AM
|Jacksonville Economic Development Comm., FL -- Moody's changes Gerdau's outlook to stable; affirms Ba3 ratings|
finance.yahoo.com - August 23 at 7:42 AM
|Gerdau S.A. (GGB) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - August 22 at 4:36 PM
|Gerdau S.A. goes ex-dividend tomorrow|
seekingalpha.com - August 21 at 6:26 PM
|Critical Review: Gerdau (GGB) and Gibraltar Industries (ROCK)|
www.americanbankingnews.com - August 19 at 8:30 PM
|Gerdau S.A. (GGB) Upgraded to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - August 17 at 10:02 PM
|Gerdau S.A. (GGB) Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - August 16 at 3:48 PM
|Gerdau (GGB) Q2 Net Income Falls Y/Y, Steel Production Weak - Nasdaq|
www.nasdaq.com - August 10 at 8:25 PM
|Gerdau S.A. (GGB) Announces $0.01 Dividend|
www.americanbankingnews.com - August 10 at 2:20 PM
|Brazil's Gerdau posts small slide in second-quarter profit|
finance.yahoo.com - August 9 at 7:12 PM
|Steelmaker Gerdau CEO expects 2018 Brazil recovery to boost building|
finance.yahoo.com - August 9 at 7:11 PM
|Gerdau S.A. (NYSE:GGB) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - August 7 at 10:48 AM
|Gerdau S.A. (NYSE:GGB) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - July 28 at 4:40 PM
|Pre-Market Technical Recap on Steel & Iron Stocks -- AK Steel, Gerdau, ArcelorMittal, and Steel Dynamics|
www.bizjournals.com - July 22 at 12:22 AM
|POSCO (PKX) Q2 Earnings Up Y/Y, Down Q/Q, '17 View Updated|
finance.yahoo.com - July 22 at 12:21 AM
|POSCO (PKX) Upgraded to Strong Buy on Solid Growth Prospects - Nasdaq|
www.nasdaq.com - July 7 at 1:55 AM
|Gerdau S.A. (GGB) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - July 3 at 4:58 PM
|Top Brazil Steelmaker Ready to Benefit From Trump Pump, CEO Says|
finance.yahoo.com - June 28 at 6:36 PM
|Gerdau S.A. (GGB) Rating Increased to Hold at BidaskClub|
www.americanbankingnews.com - June 24 at 7:20 PM
|Gerdau's Long-Term Prospects Solid, Faces Near-Term Risks|
www.zacks.com - June 20 at 6:12 PM
|Gerdau's Long-Term Prospects Solid, Faces Near-Term Risks|
finance.yahoo.com - June 20 at 6:12 PM
|Head-To-Head Comparison: United States Steel Corporation (X) and Gerdau (GGB)|
www.americanbankingnews.com - June 18 at 12:42 AM
|Scotiabank Upgrades Gerdau SA (GGB) to Sector Perform|
www.americanbankingnews.com - June 9 at 12:50 PM
|Gerdau SA (GGB) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - June 6 at 5:07 PM
|ETFs with exposure to Gerdau SA : May 22, 2017|
finance.yahoo.com - May 22 at 5:00 PM
|Gerdau SA (GGB) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - May 12 at 4:50 PM
|U.S. finds possible injury from steel wire rod imports; probe to continue|
finance.yahoo.com - May 11 at 6:01 PM
|ETFs with exposure to Gerdau SA : May 11, 2017|
finance.yahoo.com - May 11 at 6:01 PM
|Gerdau SA :GGB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017|
finance.yahoo.com - May 9 at 11:41 AM
|Gerdau (GGB) Records Loss in Q1, Steel Production Falls Y/Y|
finance.yahoo.com - May 5 at 5:37 PM
|Brazil's Gerdau posts unexpected loss as revenue falls 16 pct|
finance.yahoo.com - May 4 at 12:11 PM
|Somewhat Favorable Press Coverage Extremely Likely to Impact Gerdau SA (GGB) Share Price|
www.americanbankingnews.com - May 4 at 9:47 AM
Gerdau S.A. (GGB) Chart for Wednesday, September, 20, 2017