GGBR4.SA - Gerdau S.A.

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
16.11
-0.19 (-1.17%)
At close: 6:08PM BRT
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Previous Close16.30
Open16.47
Bid16.10 x 0
Ask16.40 x 0
Day's Range16.11 - 16.73
52 Week Range8.25 - 16.90
Volume10,672,900
Avg. Volume11,341,904
Market Cap25.936B
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)-1.19
Earnings DateMay 9, 2018
Forward Dividend & Yield0.03 (0.83%)
Ex-Dividend Date2017-11-22
1y Target Est15.91
  • Gerdau to Divest Two Hydroelectric Plants to Kinross Gold
    Zacks7 days ago

    Gerdau to Divest Two Hydroelectric Plants to Kinross Gold

    Gerdau's (GGB) divestment deal, related to two hydroelectric power plants in Goias with a business unit of Kinross Gold, will strengthen the company's core operations upon completion.

  • GlobeNewswire8 days ago

    Kinross announces acquisition of power plants in Brazil to secure long-term, low-cost power for Paracatu mine

    TORONTO, Feb. 14, 2018-- Kinross Gold Corporation is pleased to announce that its wholly-owned subsidiary, Kinross Brasil Mineraçao, has agreed to acquire two hydroelectric power plants in Brazil from ...

  • Reuters15 days ago

    Brazilian steelmaker CSN mulls asset sales, but 'not under pressure'

    Brazilian steelmaker Cia Siderúrgica Nacional is considering selling assets to reduce debt but is not "under pressure" to do so as it expects to conclude talks to refinance its debt with state banks, a senior executive told Reuters on Wednesday. "We may opt to sell assets instead of being pressured to do it," director Luis Fernando Martinez said. CSN, as the company is known, put assets up for sale in 2016, but has only made one small deal.

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

    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'slast month

    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 Journals2 months 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 Fool2 months ago

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

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

  • ACCESSWIRE2 months 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 Journals2 months 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's2 months 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
    Zacks2 months 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 Journal2 months 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 Journals2 months 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's2 months 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 Journals2 months 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 Newswire2 months 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.

  • PR Newswire3 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 Newswire3 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. ...

  • Gerdau SA breached its 50 day moving average in a Bullish Manner : GGBR4-BR : November 28, 2017
    Capital Cube3 months ago

    Gerdau SA breached its 50 day moving average in a Bullish Manner : GGBR4-BR : November 28, 2017

    Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Gerdau SA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)

  • Thomson Reuters StreetEvents3 months ago

    Edited Transcript of GGBR4.SA earnings conference call or presentation 8-Nov-17 4:00pm GMT

    Q3 2017 Gerdau SA Earnings Call

  • Gerdau SA :GGBR4-BR: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 2017
    Capital Cube3 months ago

    Gerdau SA :GGBR4-BR: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 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 and United States Steel Corporation (NUE-US and X-US) that have also reported for this period. Highlights Summary numbers: Revenues of BRL 9,476.20 million, Net ... Read more (Read more...)

  • Gerdau (GGB) Q3 Net Income Up Y/Y, Steel Shipments Aid Sales
    Zacks3 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 Press3 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 ...

  • Reuters3 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. ...