GGB - Gerdau S.A.

NYSE - NYSE Delayed Price. Currency in USD
3.62
+0.09 (+2.55%)
At close: 4:00PM EDT
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Previous Close3.53
Open3.60
Bid3.33 x 800
Ask3.70 x 4000
Day's Range3.52 - 3.65
52 Week Range2.60 - 4.39
Volume5,408,138
Avg. Volume7,561,066
Market Cap6.32B
Beta3.37
PE Ratio (TTM)-9.43
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.03 (0.71%)
Ex-Dividend Date2017-08-22
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters2 days ago

    Brazil's Gerdau may sell U.S. facilities for $630 mln -report

    Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of its rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday. Gerdau expects to sell its Rancho Cucamonga, California, Sayreville, New Jersey, and Knoxville, Tennessee, units to U.S.-based Commercial Metals Co by the end of the year, according to the report that citing two market sources. Gerdau's Jacksonville, Florida, and Beaumont, Texas facilities were also up for sale, the paper reported.

  • Reuters2 days ago

    Brazil's Gerdau mulls raising $630 mln with U.S. deal -report

    Brazilian steelmaker Gerdau SA could raise about 2 billion reais ($630.48 million) with the potential sale of rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday. The report, citing two market sources, said Gerdau expects to sell its Rancho Cucamonga, Sayreville and Knoxville units to U.S.-based Commercial Metals Company (CMC) by the end of the year. Gerdau's Jacksonville and Beaumont facilities were also up for sale, the paper added.

  • Market Realist7 days ago

    Nucor: S&P 500’s Top Gainer on October 11

    Nucor was the S&P 500's top gainer on October 11, 2017. Nucor rose 3.6% and closed the day at $57.34—the highest close in two months.

  • Barrons.com8 days ago

    The Hot Stock: Nucor Gains 3.6%

    Nucor (NUE) was the best-performing stock in the S&P 500 today as reports that Commercial Metals was interested in buying some of Gerdau's (GGB) North American businesses, providing a lift to the entire ...

  • Reuters13 days ago

    EU sets duties on Brazil, Iran, Russia, Ukraine steel

    The European Union has decided to set duties on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU manufacturers that the product used for construction and machinery was being sold at excessively low prices. The EU will levy anti-dumping tariffs of between 17.6 and 96.5 euros ($20.6-112.8) per tonne from Saturday, its official journal said. The European Commission had initially proposed setting a minimum price - of 472.27 euros per tonne - but revised its proposal after failing to secure backing from EU member states.

  • Gerdau to Divest Chilean Steel Units, Offers to Buy Bonds
    Zacks14 days ago

    Gerdau to Divest Chilean Steel Units, Offers to Buy Bonds

    To manage its debt burden, Gerdau S.A. (GGB) is set to divest its Chilean long steel industrial units for $154 million. It has also commenced a cash tender offer for $500 million worth of Bonds.

  • Reuters15 days ago

    Gerdau to sell Chilean unit to Matco, I&I for $154 mln

    Gerdau SA has agreed to sell a Chilean long steel unit to local firms Matco SA and Ingeniería & Inversiones SA for about $154 million, in a move aimed at helping the largest steelmaker in the Americas cut debt and boost profitability. In a securities filing on Wednesday, Gerdau said the unit has installed capacity of 520,000 tonnes. Gerdau, controlled by Brazil's Gerdau Johanpeter family, has been focusing on higher-return steel operations since undertaking a corporate reorganization over the past year.

  • Gerdau (GGB) Looks Good: Stock Adds 5.9% in Session
    Zackslast month

    Gerdau (GGB) Looks Good: Stock Adds 5.9% in Session

    Gerdau (GGB) shares rose nearly 6% in the last trading session, amid huge volumes.

  • The Wall Street Journal2 months ago

    [$$] Brazilian Steelmaker Gerdau Shakes Up Top Ranks, Names New CEO

    Brazil’s Gerdau said its founding family will exit from the giant steelmaker’s executive management after more than a century at its helm, as the company fights allegations of tax fraud.

  • Reuters2 months ago

    Brazil's Gerdau appoints new CEO as controlling family leaves management

    Gerdau SA, a Brazilian steelmaker, has appointed Gustavo Werneck da Cunha as the company's new chief executive officer effective from Jan. 1, 2018, according to a securities filing on Thursday. It also ...

  • Moody's2 months ago

    Jacksonville Economic Development Comm., FL -- Moody's changes Gerdau's outlook to stable; affirms Ba3 ratings

    Rating Action: Moody's changes Gerdau's outlook to stable; affirms Ba3 ratings. Global Credit Research- 21 Aug 2017. New York, August 21, 2017-- Moody's Investors Service affirmed Gerdau S.A.' s Ba3 corporate ...

  • Here's why Gerdau (GGB) Seems to be Solid Investment Pick
    Zacks2 months ago

    Here's why Gerdau (GGB) Seems to be Solid Investment Pick

    Brazilian steelmaker, Gerdau S.A. (GGB) is poised to reap benefits from growth in Brazilian and global steel demand. Diversified business structure and strategic initiatives are added advantages.

  • Gerdau (GGB) Q2 Net Income Falls Y/Y, Steel Production Weak
    Zacks2 months ago

    Gerdau (GGB) Q2 Net Income Falls Y/Y, Steel Production Weak

    Gerdau S.A's (GGB) net income in second-quarter 2017 fell 19.1% year over year due to sales decline, adverse impacts of foreign currency translation and higher income tax expenses.

  • Reuters2 months ago

    Steelmaker Gerdau CEO expects 2018 Brazil recovery to boost building

    Brazilian steelmaker Gerdau SA is maintaining its capital spending target this year and aims to invest about as much in 2018, when an economic recovery should spur more construction, the company's chief executive said on Wednesday. "We see positive signals in Brazil. Earlier on Wednesday, Gerdau reported net profit of 76.5 million reais in the second quarter, down 3 percent from a year earlier, according to a securities filing.

  • Reuters2 months ago

    Brazil's Gerdau posts small slide in second-quarter profit

    Brazilian steelmaker Gerdau SA reported a net profit of 76.5 million reais in the second quarter, 3 percent below a net profit of 79 million reais a year earlier, according to a securities filing on Wednesday. ...

  • POSCO (PKX) Q2 Earnings Up Y/Y, Down Q/Q, '17 View Updated
    Zacks3 months ago

    POSCO (PKX) Q2 Earnings Up Y/Y, Down Q/Q, '17 View Updated

    POSCO's (PKX) second-quarter 2017 profitability grew year over year driven by revenue and margins growth. However, results fell sequentially due to poor results in the steel, E&C and Energy segments.

  • Bloomberg4 months ago

    Top Brazil Steelmaker Ready to Benefit From Trump Pump, CEO Says

    Brazilian steelmaker Gerdau SA is well positioned to increase output at its North America plants if the Trump administration’s policies drive U.S. demand growth, Chief Executive Officer Andre Gerdau Johannpeter ...

  • Gerdau's Long-Term Prospects Solid, Faces Near-Term Risks
    Zacks4 months ago

    Gerdau's Long-Term Prospects Solid, Faces Near-Term Risks

    We issued an updated research report on Gerdau S.A. (GGB) on Jun 19, 2017.

  • Capital Cube5 months ago

    ETFs with exposure to Gerdau SA : May 22, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Gerdau SA Here are 5 ETFs with the largest exposure to GGB-US. Comparing the performance and risk of Gerdau SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Why Gerdau, Cosan, and Companhia Siderurgica Nacional Stocks Soared Today
    Motley Fool5 months ago

    Why Gerdau, Cosan, and Companhia Siderurgica Nacional Stocks Soared Today

    One day after a presidential bribery scandal tanked the Brazilian market, stocks are rebounding.

  • Market Realist5 months ago

    Why Investors Shouldn’t Fret over MT’s Negative Free Cash Flow

    In this article, we’ll look at ArcelorMittal’s 1Q17 cash flow and leverage positions. As of the end of 1Q17, ArcelorMittal had net debt of $12.1 billion.

  • Market Realist5 months ago

    Is Nucor a Relatively Safe Way to Play the Steel Industry?

    Steel stocks have come under selling pressure over the last few weeks. Companies like U.S. Steel (X) and AK Steel (AKS) are trading with massive year-to-date losses.

  • Capital Cube5 months ago

    ETFs with exposure to Gerdau SA : May 11, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Gerdau SA Here are 5 ETFs with the largest exposure to GGB-US. Comparing the performance and risk of Gerdau SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)

  • Reuters5 months ago

    U.S. finds possible injury from steel wire rod imports; probe to continue

    The U.S. International Trade Commission said on Thursday it had made a preliminary finding that U.S. producers were being injured by imports of carbon and alloy steel wire rod from 10 countries. As a result, ...

  • Gerdau SA :GGB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
    Capital Cube5 months ago

    Gerdau SA :GGB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017

    Categories: Yahoo FinanceGet free summary analysis Gerdau SA reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Gerdau SA – Nucor Corporation, Steel Dynamics, Inc., United States Steel Corporation, POSCO Sponsored ADR, Commercial Metals Company and Grupo SIMEC SAB de CV Unsponsored ADR Class B (NUE-US, ... Read more (Read more...)