GGB - Gerdau S.A.

NYSE - NYSE Delayed Price. Currency in USD
4.42
-0.03 (-0.67%)
At close: 4:02PM EST

4.38 -0.04 (-0.86%)
After hours: 4:11PM EST

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Previous Close4.45
Open4.42
Bid0.00 x 0
Ask0.00 x 0
Day's Range4.28 - 4.47
52 Week Range2.60 - 4.79
Volume14,256,984
Avg. Volume9,102,320
Market Cap7.505B
Beta3.38
PE Ratio (TTM)N/A
EPS (TTM)-0.37
Earnings DateN/A
Forward Dividend & Yield0.03 (0.65%)
Ex-Dividend Date2017-11-22
1y Target Est4.87
Trade prices are not sourced from all markets
  • Here's Why You Should Hold on to Gerdau (GGB) Stock for Now
    Zacks4 days ago

    Here's Why You Should Hold on to Gerdau (GGB) Stock for Now

    Gerdau (GGB) is well poised to benefit from its diversified business structure that primarily includes crude steel production and iron ore mining activities.

  • Moody's7 days ago

    Jacksonville Economic Development Comm., FL -- Moody's upgrades Gerdau to Ba2; stable outlook

    Rating Action: Moody's upgrades Gerdau to Ba2; stable outlook. Global Credit Research- 12 Jan 2018. New York, January 12, 2018-- Moody's Investors Service upgraded to Ba2 from Ba3 Gerdau S.A.' s corporate ...

  • American City Business Journals14 days ago

    Industry expert calls Jax steel mill a 'good bet'

    Jacksonville's 280-employee steel mill was among the Gerdau (GGB) assets purchased by Commercial Metals Company (CMC) this month. Jacksonville's 600-acre facility is more than 40 years old and transforms 100 truckloads of scrap metal per-day into steel rebar. Now is a good time to be a producer of rebar, according to Lee Keevican, managing director of Renaissance Partners and former general counsel to Standard Steel (Freedom Forge Corporation) and American Alloys.

  • Commercial Metals Company (CMC) Q1 2018 Earnings Conference Call Transcript
    Motley Fool14 days ago

    Commercial Metals Company (CMC) Q1 2018 Earnings Conference Call Transcript

    CMC earnings call for the period ending November 30, 2017.

  • ACCESSWIRE16 days ago

    Wired News – Commercial Metals Acquires US-Based Rebar Assets from Brazilian Steelmaker Gerdau

    Stock Monitor: Gerdau Post Earnings Reporting LONDON, UK / ACCESSWIRE / January 04, 2018 / Active-Investors.com has just released a free research report on Commercial Metals Co. (NYSE: CMC ) ("CMC"). ...

  • American City Business Journals16 days ago

    Stock of Irving company skyrockets after $600M purchase

    Irving-based Commercial Metals Company (CMC) acquired U.S. assets from Gerdau S.A. (GGB), a Brazilian steel company, in exchange for $600 million, the companies announced Tuesday. The move significantly bolsters Commercial Metals' capacity to produce reinforcing bar, or rebar, which is a key material used in the construction of buildings, bridges and roads. The addition of 2.7 million tons of melt capacity from Gerdau will increase Commercial Metals' capacity to 7.2 million tons, a 60 percent increase.

  • Moody's16 days ago

    Gerdau Trade Inc. -- Moody's comments that Gerdau's asset sale in the United States is credit positive

    Announcement: Moody's comments that Gerdau's asset sale in the United States is credit positive. Global Credit Research- 03 Jan 2018. New York, January 03, 2018-- Moody's Investors Service comments that ...

  • Gerdau's Rebar Business Sale to Aid Core Growth, Lower Debt
    Zacks16 days ago

    Gerdau's Rebar Business Sale to Aid Core Growth, Lower Debt

    Gerdau (GGB) has agreed to sell its U.S.-based rebar operations for $600 million. The deal, when completed, will help the company strengthen its core operations and lower its debt burden.

  • The Wall Street Journal17 days ago

    [$$] Commercial Metals Bolsters Holdings of a Construction Steel

    Commercial Metals Co. plans to acquire assets from a Brazilian rival that would double its share of U.S. rebar steel, a key construction material.

  • American City Business Journals17 days ago

    Jacksonville's Gerdau steel mill changes hands

    Gerdau S.A., a Brazilian steel manufacturer, has sold a number of its assets to Commercial Metals Company for $600 million. The transaction includes Jacksonville's 280-employee steel mill. Commercial Metals (CMC), an Irving, Texas steel producer, agreed to pay $600 million to buy 33 rebar fabrication facilities in the U.S., as well as four steel mills.

  • Moody's17 days ago

    Commercial Metals Company -- Moody's reviews Commercial Metals ratings (CFR -- Ba1) for downgrade on Acquisition Announcement

    Rating Action: Moody's reviews Commercial Metals ratings for downgrade on Acquisition Announcement. Global Credit Research- 02 Jan 2018. New York, January 02, 2018-- Moody's Investors Service, placed Commercial ...

  • American City Business Journals17 days ago

    Commercial Metals buys Gerdau’s Tampa, Jacksonville, Fort Lauderdale facilities

    Commercial Metals Co. will pay $600 million to buy some of Gerdau S.A.’s U.S. assets, including several Florida facilities. Commercial Metals (CMC), an Irving, Texas steel producer, will acquire 33 rebar fabrication facilities in the U.S., as well as four steel mills, a press release said. A steel mill in Jacksonville, including its recycling facility, is part of the purchase, as are related downstream fabrication facilities, technical resource centers, storage depots and placing facilities in Tampa, Fort Lauderdale, Jacksonville and 23 other locations, according to the purchase agreement filed Tuesday morning with the U.S. Securities and Exchange Commission.

  • PR Newswire18 days ago

    Commercial Metals Company To Acquire Certain U.S. Rebar Assets From Gerdau

    IRVING, Texas, Jan. 2, 2018 /PRNewswire/ -- Commercial Metals Company (CMC), today announced it has entered into a definitive agreement to acquire certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (GGB), a producer of long and specialty steel products in the Americas for a cash purchase price of $600 million, subject to customary purchase price adjustments. Upon completion of the acquisition, CMC will have an expanded geographic footprint in the largest construction regions in the U.S.  The acquisition will increase CMC's annual rebar and fabrication capacity and allow for the more efficient utilization of its asset base to better serve customers. "This acquisition aligns with our strategy to focus on our strength in concrete reinforcing products and leverages CMC's core competencies in rebar production and value added fabrication services to non-residential construction customers.  In addition, these assets provide us the opportunity to optimize our product mix more fully in the U.S.   As a leader in rebar manufacturing technology and customer service, we are excited to take advantage of our expertise to increase throughput, lower costs and improve the customer experience in our new operations," stated Barbara Smith, President and CEO of Commercial Metals Company.

  • Capital Cube21 days ago

    ETFs with exposure to Gerdau SA : December 29, 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...)

  • PR Newswire2 months ago

    The 25 most potent corporate reputations in Brazil contribute US$180 billion of shareholder value

    SAO PAULO , Nov. 30, 2017 /PRNewswire/ -- Reputation Dividend ( www.reputationdividend.com ), in association with MZ" ( www.mzgroup.com ), announced today the 2017 Brazil Reputation Dividend Report. ...

  • PR Newswire2 months ago

    The 25 most potent corporate reputations in Brazil contribute US$180 billion of shareholder value

    SAO PAULO , Nov. 29, 2017 /PRNewswire/ -- Reputation Dividend ( www.reputationdividend.com ), in association with MZ" ( www.mzgroup.com ), announced today the 2017 Brazil Reputation Dividend Report. ...

  • Capital Cube2 months ago

    ETFs with exposure to Gerdau SA : November 27, 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...)

  • Capital Cube2 months ago

    ETFs with exposure to Gerdau SA : November 14, 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...)

  • Gerdau SA :GGB-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017
    Capital Cube2 months ago

    Gerdau SA :GGB-US: Earnings Analysis: Q3, 2017 By the Numbers : November 13, 2017

    Categories: Yahoo FinanceGet free summary analysis Gerdau SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Gerdau SA – Nucor Corporation, Steel Dynamics, Inc., United States Steel Corporation, Commercial Metals Company and Vale S.A. Sponsored ADR (NUE-US, STLD-US, X-US, CMC-US and VALE-US) that have also ... Read more (Read more...)

  • Gerdau (GGB) Q3 Net Income Up Y/Y, Steel Shipments Aid Sales
    Zacks2 months ago

    Gerdau (GGB) Q3 Net Income Up Y/Y, Steel Shipments Aid Sales

    Gerdau's (GGB) third-quarter 2017 profitability benefited from higher revenues, fall in financial expenses and positive impact of exchange variations, partially offset by rise in cost of sales.

  • Associated Press2 months ago

    Gerdau posts 3Q profit

    On a per-share basis, the Porto Alegre, Brazil-based company said it had profit of 3 cents. The steel producer posted revenue of $2.99 billion in the period. _____ This story was generated by Automated ...

  • Reuters2 months ago

    Brazil steelmaker Gerdau holds 2017 investment target

    Brazilian steelmaker Gerdau SA still aims to invest around 1.3 billion reais this year, Chief Executive André Gerdau Johannpeter said on Wednesday, suggesting a surge in fourth-quarter capital spending. ...

  • PR Newswire2 months ago

    Gerdau S.A. - Consolidated Information

    PORTO ALEGRE, Brazil , Nov. 8, 2017 /PRNewswire/ -- 3Q17 Highlights Free cash flow of R$ 500 million in 3Q17, double the amount generated in 2Q17. EBITDA of R$ 1.2 billion and EBITDA margin 12.3% in 3Q17. ...

  • Barrons.com3 months ago

    China Lifts Brazil Steel: Gerdau Red Hot, Vale Not

    Global steel profitability is improving as the Chinese government shutters inefficient production capacity, and that's good news in Brazil. Goldman Sachs analysts Humberto Meireles and Michael Scott resumed coverage of Latin American steel and basic materials stocks Monday with a neutral view overall, and a preference for investing exposure to steel itself versus the raw ingredient iron ore that goes into making steel. The analysts are neutral on iron-ore mining giant Vale (VALE), and other miners: Bradespar (BRAP4.Brazil), SSCO (SSCO) and GMEX (GMEXICOB), but have more mixed calls on steel producers, with a Buy rating on Gerdau.

  • PR Newswire3 months ago

    Gerdau S.A. Announces Results Of Early Tender Period Of The Cash Tender Offer For Certain Of The Outstanding 7.000% Bonds Due 2020, 5.750% Bonds Due 2021 And 5.893% Bonds Due 2024

    PORTO ALEGRE, Brazil , Oct. 19, 2017 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company"), Citigroup Global Markets Inc. and Santander Investment ...