GGB - Gerdau S.A.

NYSE - NYSE Delayed Price. Currency in USD
3.2200
-0.0700 (-2.13%)
At close: 4:02PM EDT

3.2500 +0.03 (0.93%)
Pre-Market: 7:53AM EDT

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Previous Close3.2900
Open3.2700
Bid3.2500 x 47300
Ask0.0000 x 41800
Day's Range3.1600 - 3.2827
52 Week Range2.7300 - 4.7100
Volume6,080,775
Avg. Volume9,214,878
Market Cap5.282B
Beta (3Y Monthly)0.70
PE Ratio (TTM)38.80
EPS (TTM)0.0830
Earnings DateN/A
Forward Dividend & Yield0.07 (2.09%)
Ex-Dividend Date2019-08-19
1y Target Est5.46
Trade prices are not sourced from all markets
  • 3 Steel Companies Investors Should Consider
    GuruFocus.com

    3 Steel Companies Investors Should Consider

    Wall Street recommends buying these stocks Continue reading...

  • Moody's

    GTL Trade Finance Inc. -- Moody's announces completion of a periodic review of ratings of Gerdau S.A.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Gerdau S.A. New York, August 26, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Gerdau S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Reuters

    UPDATE 1-Brazil steelmaker Gerdau cuts 2019 investment plan amid weak demand

    Brazilian steelmaker Gerdau on Wednesday lowered its estimates for 2019 investment by 18%, due to reduced demand for long steel products, weak construction demand and a fast pace of divestitures. Gerdau reported a second-quarter profit of 373 million reais ($94.19 million), a 46.5% drop from a year earlier, according to a securities filing. The company said the fall was due to an aggressive divestment program, through which it sold assets in the United States, China and India.

  • PR Newswire

    Gerdau S.A. - Consolidated Information

    2Q19 Highlights SAO PAULO , Aug. 7, 2019 /PRNewswire/ -- EBITDA margin expands from 14.6% in 2Q18 to 15.5% in 2Q19, reflecting the Company's new asset portfolio, despite the less favorable business environment. ...

  • Reuters

    Brazilian steelmaker Gerdau profit sinks 50% following divestments

    Brazilian steelmaker Gerdau on Wednesday reported a profit of 373 million reais ($94.19 million) in the second quarter, a 46.5% drop from a year earlier, due to the divestment of facilities in China, India and the United States, the company said. The company also said it was lowering its investment guidance to 1.8 billion reais, down from 2.2 billion due to the fast pace of its divestments.

  • Top 5 Steel Stocks of 2019
    Investopedia

    Top 5 Steel Stocks of 2019

    Steel represents a significant amount of materials trading done on the stock market. Some companies perform better than others—for a number of reasons.

  • Sarah Ketterer's Top 5 New Buys
    GuruFocus.com

    Sarah Ketterer's Top 5 New Buys

    Causeway Capital Management leader Sarah Ketterer (Trades, Portfolio) revealed 10 new positions when she released her first-quarter portfolio earlier this week. Warning! GuruFocus has detected 7 Warning Signs with LIN. Based on these criteria, Ketterer's top five new buys for the quarter were Linde PLC (LIN), Merck & Co. Inc. (MRK), Gerdau SA (GGB), the iShares MSCI Emerging Index Fund (EEM) and Telefonica Brasil SA (VIV).

  • Reuters

    Brazilian steelmaker Gerdau posts net income of $114 million in q1

    Brazilian steelmaker Gerdau on Wednesday reported a net income in the first quarter of 453 million reais ($114.11 million), roughly flat compared to the same period last year, in which the company benefited from high international prices. The volume of steel produced decreased 20 percent to 3.3 billion tons compared to a year earlier, which the company attributed to the recent divestment of less profitable operations in Chile, India and the United States.

  • Here’s What Hedge Funds Think About Gerdau SA  (GGB)
    Insider Monkey

    Here’s What Hedge Funds Think About Gerdau SA (GGB)

    While the market driven by short-term sentiment influenced by uncertainty regarding the future of the interest rate environment in the US, declining oil prices and the trade war with China, many smart money investors kept their optimism regarding the current bull run in the fourth quarter, while still hedging many of their long positions. However, […]

  • Gerdau (GGB) Catches Eye: Stock Jumps 7%
    Zacks

    Gerdau (GGB) Catches Eye: Stock Jumps 7%

    Gerdau (GGB) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

  • PR Newswire

    GERDAU S.A. - FORM 20-F

    SAO PAULO , March 29, 2019 /PRNewswire/ -- GERDAU S.A.  hereby announces that the Form 20-F related to the fiscal year ended December 31, 2018 was filed with the U.S. Securities and Exchange Commission ...

  • Buy Gerdau
    GuruFocus.com

    Buy Gerdau

    The trade agreement between the U.S. and China, which is expected to be finalized by March 27, should drive the price of basic materials higher. Warning! GuruFocus has detected 1 Warning Sign with GGB. In light of this, investors should added to their holdings of publicly traded companies operating in the basic materials sector because their revenues will likely increase on higher pricing for basic materials, pushing share prices upward.

  • Reuters

    Brazil steelmaker Gerdau to invest in 'dry stacking' after Vale disaster

    Brazilian steelmaker Gerdau SA plans to invest 300 million reais through 2021 to implement a mining process known as dry stacking in the Brazilian state of Minas Gerais, an executive said on an earnings ...

  • Aphria to Shareholders: Take No Action in Response to Hostile Bid
    Investopedia

    Aphria to Shareholders: Take No Action in Response to Hostile Bid

    Canadian marijuana producer Aphria Inc. (APHA) has urged its shareholders to “take no action” after cannabis retailer Green Growth Brands Inc. (GGB) tabled another hostile bid for the company. In a press release, Aphria complained that the terms of Green Growth’s latest all-stock takeover offer were “identical” to the unsolicited proposal it made on Dec. 27. Aphria said an independent committee of its board will now evaluate Green Growth’s latest offer before making any formal recommendation and asked shareholders to sit tight while it makes its decision.

  • US Raw Steel Output Rises as Capacity Utilization Tops 80%
    Zacks

    US Raw Steel Output Rises as Capacity Utilization Tops 80%

    U.S. steel mills operated at 81% of their capacity for the week ending Dec 29.

  • Moody's

    St. Paul Port Authority, MN -- Moody's upgrades Gerdau to Ba1; positive outlook

    Rating Action: Moody's upgrades Gerdau to Ba1; positive outlook. Global Credit Research- 12 Dec 2018. New York, December 12, 2018-- Moody's Investors Service upgraded to Ba1 from Ba2 Gerdau S.A.' s corporate ...

  • Zacks

    Eastman Chemical's (EMN) Board Announces 11% Hike in Dividend

    Eastman Chemical (EMN) is committed towards balanced and disciplined capital allocation and shareholders returns.