Gerdau S.A. (GGB)

NYSE: GGB · IEX Real-Time Price · USD
3.660
-0.060 (-1.61%)
At close: May 10, 2024, 4:00 PM
3.750
+0.090 (2.46%)
After-hours: May 10, 2024, 7:01 PM EDT
-1.61%
Market Cap 6.40B
Revenue (ttm) 14.15B
Net Income (ttm) 1.54B
Shares Out 1.75B
EPS (ttm) 0.69
PE Ratio 6.10
Forward PE 5.92
Dividend $0.26 (6.99%)
Ex-Dividend Date May 17, 2024
Volume 6,770,173
Open 3.740
Previous Close 3.720
Day's Range 3.650 - 3.740
52-Week Range 3.425 - 5.133
Beta 1.35
Analysts Buy
Price Target 4.63 (+26.5%)
Earnings Date May 21, 2024

About GGB

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It also provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wir... [Read more]

Industry Steel
Sector Materials
IPO Date Mar 10, 1999
Employees 27,371
Stock Exchange NYSE
Ticker Symbol GGB
Full Company Profile

Financial Performance

In 2023, Gerdau's revenue was 68.92 billion, a decrease of -16.38% compared to the previous year's 82.41 billion. Earnings were 7.50 billion, a decrease of -34.34%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GGB stock is "Buy." The 12-month stock price forecast is $4.63, which is an increase of 26.50% from the latest price.

Price Target
$4.63
(26.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GERDAU S.A. - CONSOLIDATED INFORMATION

SÃO PAULO, May 2, 2024 /PRNewswire/ -- 1Q24 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of R$ 2.8 billion in the first quarter, up 38.0% over 4Q23. Adju...

8 days ago - PRNewsWire

GERDAU S.A. - FORM 20-F

SÃO PAULO, March 28, 2024 /PRNewswire/ -- GERDAU S.A. hereby announces that the Form 20-F related to the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission ...

6 weeks ago - PRNewsWire

5 High-Yielding Stocks in Sarah Ketterer's Portfolio

Investing in companies that pay dividends while prices are down is one way investors can hedge their portfolios against inflation and other headwinds. While there is always a risk of the dividend bein...

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8 months ago - GuruFocus

Gerdau introduces recyclable steel into Formula 1 São Paulo Grand Prix

At event in the city of São Paulo, executives of Gerdau and São Paulo Grand Prix announced unprecedented partnership, which will offer new sustainable experience in the Brazilian round of the world's ...

9 months ago - PRNewsWire

7 Dividend-Paying Stocks to Consider

Selected using techniques derived from the works of Benjamin Graham, these basic value stocks are trading below book value and pay dividends. Such equities are for those taking a long-term approach to...

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1 year ago - GuruFocus

5 Steel Stocks Hit New 12-Month Highs

These steel stocks are hotter than Tesla, Amazon, Apple and NVIDIA, if you measure hotness by price chart out-performance.

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1 year ago - Forbes

Plant Prefab Secures $42M in Funding to Propel Expansion into Multifamily and Single-Family Community Developments

RIALTO, Calif.--(BUSINESS WIRE)--Plant Prefab, the first Certified B Corporation™ building technology company dedicated to sustainable design, materials, and operations, today announced that it has ...

1 year ago - Business Wire

The Best Mid-Cap Dividend Stocks For 2022

Mid-cap dividend stocks are the best bargain on the board right now.

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2 years ago - Forbes

GERDAU S.A. FILES FORM 20-F

SÃO PAULO, March 31, 2022 /PRNewswire/ -- GERDAU S.A. (NYSE: GGB, B3: GGBR3, GGBR4) hereby announces that the Form 20-F related to the fiscal year ended December 31, 2021 was filed with the U.S. Secur...

2 years ago - PRNewsWire

Gerdau S.A. Announces Final Results Of The Cash Tender Offer For Certain Of The Outstanding 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

SÃO PAULO, Dec. 6, 2021 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") hereby announces the final results of the previously announced offer by the Co...

2 years ago - PRNewsWire

Gerdau S.A. Announces Results Of Early Tender Period Of The Cash Tender Offer For Certain Of The Outstanding 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

SÃO PAULO, Nov. 19, 2021 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") hereby announces the results of the early tender period under the previously ...

2 years ago - PRNewsWire

Gerdau S.A. Announces Commencement Of Cash Tender Offer Up To A Maximum Aggregate Consideration Of U.S.$500,000,000 For The Outstanding 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

SÃO PAULO, Nov. 4, 2021 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") today announced the commencement of an offer to purchase for cash up to a maxi...

2 years ago - PRNewsWire

5 Steel Stocks That Fit the Value Profile

Each one of the stocks on this list is trading at or below book value. These names are also trading with price-earnings ratio that are lower than the overall market.

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2 years ago - GuruFocus

These Stocks Are Shining Bargains

If you are looking for bargain opportunities among U.S.-listed equities, then you may want to consider the following stocks since they meet the criteria listed below:

Other symbols: HIGWSM
3 years ago - GuruFocus

Gerdau S.A. - Form 20-F

SÃO PAULO, April 22, 2021 /PRNewswire/ -- GERDAU S.A. (NYSE: GGB, B3: GGBR3, GGBR4) hereby announces that the Form 20-F related to the fiscal year ended December 31, 2020 was filed with the U.S. Secur...

3 years ago - PRNewsWire

Top Steel Stocks for Q1 2021

These are the steel stocks with the best value, fastest growth, and most momentum for Q1 2021.

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3 years ago - Investopedia

Gerdau S.A. Announces Results Of Early Tender Period Of The Cash Tender Offer For Certain Of The Outstanding 5.750% Bonds Due 2021, 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027 And Upsizing Of The Cash Tender Offer

SÃO PAULO, Dec. 1, 2020 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") hereby announces the results of the early tender period under the previously a...

3 years ago - PRNewsWire

Gerdau S.A. Announces Commencement Of Cash Tender Offer Up To A Maximum Amount Of U.S.$230,000,000 Aggregate Consideration For Certain Of The Outstanding 5.750% Bonds Due 2021, 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

SÃO PAULO, Nov. 16, 2020 /PRNewswire/ -- Gerdau S.A. (Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") today announced the commencement of an offer to purchase for cash (the "Tende...

3 years ago - PRNewsWire

A Trio of Stocks With Low Price-Book Ratios

When investors look for stocks whose market capitalization exceeds $2 billion and whose price-book ratio is lower than 1.5, they could have a higher chance of coming across value stocks.

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4 years ago - GuruFocus

3 Steel Companies Investors Should Consider

Shares of several companies operating in the steel and metal fabrication industry are trading lower amid heightened U.S.

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5 years ago - GuruFocus

4 Cheap Stocks Selling Below Book Value: NYSE-Traded And Dividend-Paying

These stocks are the kind that Warren Buffett's mentor at Columbia University, Benjamin Graham, wrote about in his investment valuation classics, Security Analysis and The Intelligent Investor.

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5 years ago - Forbes