GGB - Gerdau S.A.

NYSE - NYSE Delayed Price. Currency in USD
4.35
+0.29 (+7.14%)
At close: 4:01PM EST
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Previous Close4.06
Open4.13
Bid4.30 x 45900
Ask4.50 x 1000
Day's Range4.11 - 4.37
52 Week Range3.15 - 5.32
Volume17,409,363
Avg. Volume12,936,298
Market Cap6.92B
Beta (3Y Monthly)3.42
PE Ratio (TTM)52.41
EPS (TTM)0.08
Earnings DateN/A
Forward Dividend & Yield0.14 (3.13%)
Ex-Dividend Date2018-08-23
1y Target Est5.48
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents31 minutes ago

    Edited Transcript of GGBR4.SA earnings conference call or presentation 7-Nov-18 4:00pm GMT

    Q3 2018 Gerdau SA Earnings Call

  • PR Newswire4 days ago

    Gerdau S.A. Announces Commencement of Cash Tender Offer up to a Maximum Amount of U.S.$900,000,000 Aggregate Consideration for Certain of the Outstanding 7.000% Bonds Due 2020, 5.750% Bonds Due 2021, 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 and 4.875% Bonds Due 2027

    SÃO PAULO, Nov. 15, 2018 / PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") today announced the commencement of an offer to purchase ...

  • Green Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team
    PR Newswire4 days ago

    Green Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team

    COLUMBUS, OH, Nov. 15, 2018 /PRNewswire/ - Green Growth Brands (GGB) announced today that David Grutman has joined the GGB team as Special Advisor to the team. Mr. Grutman, operator of such famous Miami nightclubs as LIV and Story and partner in entertainment hotspots Komodo, Komodo Lounge, OTL and Planta, is also currently partnering with singer/producer Pharrell Williams on the newly launched Miami restaurant and bar complex The Swan and Bar Bevy. Named by Rolling Stone magazine as one of the most important people in electronic dance music, Mr. Grutman brings to the company significant expertise in tapping into the entertainment and recreation segment, as well as a rich network in the Miami/South Florida business and entertainment sectors.

  • Green Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team
    CNW Group4 days ago

    Green Growth Brands Adds Entertainment Mogul David Grutman to its Expanding All Star Team

    COLUMBUS, OH , Nov. 15, 2018 /CNW/ - Green Growth Brands (GGB) announced today that David Grutman has joined the GGB team as Special Advisor to the team. Mr. Grutman, operator of such famous Miami nightclubs as LIV and Story and partner in entertainment hotspots Komodo, Komodo Lounge, OTL and Planta, is also currently partnering with singer/producer Pharrell Williams on the newly launched Miami restaurant and bar complex The Swan and Bar Bevy. Named by Rolling Stone magazine as one of the most important people in electronic dance music, Mr. Grutman brings to the company significant expertise in tapping into the entertainment and recreation segment, as well as a rich network in the Miami / South Florida business and entertainment sectors.

  • Green Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"
    PR Newswire6 days ago

    Green Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"

    Green Growth Brands (CSE: GGB) ("GGB" or "the company") will make its trading debut on the Canadian Securities Exchange (CSE) at today's market open under the ticker symbol "GGB". The highly-anticipated listing on the CSE represents the completion of the reverse takeover (RTO) announced by the Company in July 2018. "Our listing on the Canadian Securities Exchange represents a significant milestone in the journey of building Green Growth Brands," said Peter Horvath, CEO of GGB's operating entity.

  • Green Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"
    CNW Group6 days ago

    Green Growth Brands Debuts on the Canadian Securities Exchange Under the Symbol "GGB"

    Green Growth Brands (CSE: GGB) ("GGB" or "the company") will make its trading debut on the Canadian Securities Exchange (CSE) at today's market open under the ticker symbol "GGB". The highly-anticipated listing on the CSE represents the completion of the reverse takeover (RTO) announced by the Company in July 2018 . "Our listing on the Canadian Securities Exchange represents a significant milestone in the journey of building Green Growth Brands," said Peter Horvath , CEO of GGB's operating entity.

  • Newsfile6 days ago

    Acquisition of Securities of Xanthic Biopharma Inc. d.b.a. Green Growth Brands

    Toronto, Ontario--(Newsfile Corp. - November 12, 2018) - On November 9, 2018, pursuant to an arm's length business combination agreement between Xanthic Biopharma Inc. ("Xanthic") and Green Growth Brands Ltd. ("GGB"), Xanthic completed a business combination with GGB by way of a three-cornered amalgamation pursuant to which GGB amalgamated with a wholly-owned subsidiary of Xanthic to form one company as a wholly-owned subsidiary of Xanthic (the "Business Combination"). Following closing, Xanthic will continue under ...

  • Moody's9 days ago

    Commercial Metals Company -- Moody's confirms certain CMC ratings, upgrades the 2026 notes; outlook negative

    Moody's Investors Service ("Moody's") confirmed Commercial Metals Company's (CMC) Corporate Family Rating (CFR) and its Probability of Default Rating at Ba1 and Ba1-PD respectively. Moody's also confirmed the Ba2 rating on the senior unsecured notes due in 2023 and 2027 and upgraded to Ba2 from Ba3 the senior unsecured notes due April 15, 2026. The rating on the senior unsecured shelf was confirmed at (P)Ba2.

  • ‘Trump of Tropics' Expected to Give Brazil Steelmaker Next Boost
    Bloomberg11 days ago

    ‘Trump of Tropics' Expected to Give Brazil Steelmaker Next Boost

    “We see a similar scenario” in Brazil, Gerdau Chief Financial Officer Harley Lorentz Scardoelli said Wednesday when asked to compare Trump’s policies with the expectations for Brazil’s President-Elect Jair Bolsonaro’s administration. “Our expectation is very positive, even for the government’s agenda of adopting structural reforms, which should promote the development of the national economy,” he said on the steelmaker’s third-quarter earnings call.

  • Reuters11 days ago

    Brazilian steelmaker Gerdau beats estimates as US division results rise

    Brazilian steelmaker Gerdau SA posted net income of 791 million reais ($210 million) in the third quarter, more than double analysts' estimates of 385 million reais, helped by higher steel prices in the United States and Brazil. Gerdau posted the highest EBITDA, a gauge of operational profit, in a decade. In a conference call with analysts, Chief Executive Gustavo Werneck said Gerdau expects even higher prices in Brazil next year, as the country resumes growth and investment rates pick up.

  • Reuters12 days ago

    Despite selling less, Brazil steelmaker Gerdau brings high profits amid higher prices

    Brazil steelmaker Gerdau SA on Wednesday reported a third-quarter profit of 791 million reais, more than 5 times more than a year earlier, driven by higher steel prices despite selling less metal overall. The results beat a Refinitiv IBES estimate that said Gerdau would have a net profit of 626 million reais this quarter. Overall, Gerdau sold 5 percent less steel this quarter than in the same period last year, but managed to bring in 35 percent higher revenue for its metal, due to steel prices that have soared internationally as the United States and China have battled over trade tariffs, including tariffs for steel.

  • PR Newswire12 days ago

    GERDAU S.A. - Consolidated Information

    SAO PAULO , Nov. 7, 2018 /PRNewswire/ -- 3Q18 Highlights EBITDA of R$ 2,0 billion in 3Q18, the highest quarterly result since 2008, with EBITDA margin of 15.7%. Disciplined reduction in selling, general ...

  • Reuters12 days ago

    Brazil steelmaker Gerdau reports profit of 791 million reais in Q3

    Brazilian steelmaker Gerdau SA on Wednesday reported a third-quarter net income of 791 million reais , compared to 145 million reais during the same period last year as net revenues rose on higher international ...

  • PR Newswire14 days ago

    Commercial Metals Company Completes Acquisition Of Certain U.S. Rebar Assets From Gerdau

    "I am thrilled to welcome the approximately 3,200 employees of these operations to Commercial Metals Company," said Barbara Smith, Chairman of the Board, President, and Chief Executive Officer of Commercial Metals. Commercial Metals Company and its subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network of facilities that includes eight electric arc furnace ("EAF") mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland.

  • GlobeNewswire24 days ago

    Recent Analysis Shows Enbridge, Gerdau S.A., Infosys, Regal Beloit, Cheetah Mobile, and EnLink Midstream Partners, LP Market Influences — Renewed Outlook, Key Drivers of Growth

    NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • GlobeNewswire2 months ago

    Investor Expectations to Drive Momentum within Gerdau S.A., Chesapeake Utilities, Ford Motor, Twenty-First Century Fox, Reliance Steel & Aluminum, and Sears — Discovering Underlying Factors of Influence

    NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of GGBR4.SA earnings conference call or presentation 8-Aug-18 5:00pm GMT

    Q2 2018 Gerdau SA Earnings Call

  • ACCESSWIRE3 months ago

    Gerdau S.A. Sponsored ADR Pfd to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Gerdau S.A. Sponsored ADR Pfd (NYSE: GGB ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 2:00 PM Eastern ...

  • PR Newswire3 months ago

    Gerdau S.A. - Consolidated Information

    SAO PAULO , 8 de agosto de 2018 /PRNewswire/ -- 2Q18 Highlights EBITDA of R$ 1.8 billion in 2Q18, the best quarterly result since 2008, with EBITDA margin of 14.6%. Disciplined on selling, general and ...

  • ACCESSWIRE4 months ago

    Free Daily Technical Summary Reports on Gerdau and Three Other Steel & Iron Stocks

    WallStEquities.com reexplores the Steel and Iron sector, which covers the manufacture of steel into basic shapes and forms that then can be used to create products.Under evaluation this morning are the following four stocks: Steel Dynamics Inc. (NASDAQ: STLD), United States Steel Corp. (NYSE: X), Gerdau S.A. (NYSE: GGB), and Nucor Corp. (NYSE: NUE). On Tuesday, shares in Fort Wayne, Indiana headquartered Steel Dynamics Inc. recorded a trading volume of 1.49 million shares.

  • Commercial Metals Company (CMC) Q3 2018 Earnings Conference Call Transcript
    Motley Fool5 months ago

    Commercial Metals Company (CMC) Q3 2018 Earnings Conference Call Transcript

    CMC earnings call for the period ending May 30, 2018.

  • Why Shares of Gerdau SA (ADR) Tumbled Today
    Motley Fool5 months ago

    Why Shares of Gerdau SA (ADR) Tumbled Today

    The Brazil-based steel company got swept up in a country-wide sell-off.

  • ACCESSWIRE6 months ago

    Free Technical Reports on Gerdau and Three Additional Steel & Iron Equities

    Under observation today are these four equities: Gerdau S.A. (NYSE: GGB), India Globalization Capital Inc. (NYSE AMER: IGC), Nucor Corp. (NYSE: NUE), and Reliance Steel & Aluminum Co. (NYSE: RS). On Tuesday, shares in Sao Paulo, Brazil-based Gerdau S.A. saw a slight decline of 0.43%, ending the day at $4.62.

  • Gerdau (GGB) Swings to Profits in Q1 on Solid Sales Growth
    Zacks6 months ago

    Gerdau (GGB) Swings to Profits in Q1 on Solid Sales Growth

    Gerdau's (GGB) first-quarter 2018 profitability gains from steel production and shipments as well as rise in steel price internationally. Fall in interest expenses aids the company.