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

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$3.89 -0.26 (-6.27 %)
(As of 03/22/2019 02:19 PM ET)
Previous Close$4.15
Today's Range$3.87 - $4.04
52-Week Range$3.37 - $5.13
Volume7.03 million shs
Average Volume11.49 million shs
Market Capitalization$6.69 billion
P/E Ratio43.22
Dividend Yield2.49%
Beta2.02
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 Metalurgica 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$0.6204 per share
Book Value$4.13 per share

Profitability

Net Income$636.50 million

Miscellaneous

EmployeesN/A
Outstanding Shares1,719,660,000
Market Cap$6.69 billion
Next Earnings Date3/27/2019 (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 declared a quarterly dividend on Friday, February 22nd. Shareholders of record on Monday, March 11th will be paid a dividend of $0.0268 per share on Monday, March 25th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Friday, March 8th. This is a positive change 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 earnings results on Wednesday, May, 4th. The basic materials company reported $0.01 earnings per share 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 9.85% and a net margin of 5.04%. View Gerdau's Earnings History.

When is Gerdau's next earnings date?

Gerdau is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 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 headlines about GGB stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Gerdau earned a media sentiment score of -2.7 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Gerdau?

Gerdau saw a decrease in short interest during the month of February. As of February 28th, there was short interest totalling 64,724,149 shares, a decrease of 10.5% from the February 15th total of 72,313,702 shares. Based on an average daily trading volume, of 12,277,260 shares, the days-to-cover ratio is currently 5.3 days. Approximately 5.6% of the shares of the stock 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 Mallinckrodt (MNK), Vale (VALE), Companhia Siderurgica Nacional (SID), General Electric (GE), Bank of America (BAC), Intelsat (I), PETROLEO BRASIL/ADR (PBR), Cleveland-Cliffs (CLF), Micron Technology (MU) and Starbucks (SBUX).

Who are Gerdau's key executives?

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

Who are Gerdau's major shareholders?

Gerdau's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.96%), BlackRock Inc. (0.62%), Bank of America Corp DE (0.52%), Fisher Asset Management LLC (0.26%), Bank of New York Mellon Corp (0.11%) and Amundi Pioneer Asset Management Inc. (0.09%).

Which major investors are selling Gerdau stock?

GGB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Amundi Pioneer Asset Management Inc., Dimensional Fund Advisors LP, Van ECK Associates Corp, Macquarie Group Ltd., Nordea Investment Management AB, Fisher Asset Management LLC and Daiwa Securities Group Inc..

Which major investors are buying Gerdau stock?

GGB stock was bought by a variety of institutional investors in the last quarter, including AMS Capital Ltda, Bank of America Corp DE, Windsor Creek Advisors LLC, Millennium Management LLC, Jane Street Group LLC, OLD Mission Capital LLC, Commerzbank Aktiengesellschaft FI and Two Sigma Advisers LP.

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 $3.90.

How big of a company is Gerdau?

Gerdau has a market capitalization of $6.71 billion and generates $12.63 billion in revenue each year. The basic materials company earns $636.50 million in net income (profit) each year or $0.09 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]rdau.com.


MarketBeat Community Rating for Gerdau (NYSE GGB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  475
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 3/22/2019 by MarketBeat.com Staff

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