Gerdau (GGB) Stock Price, News & Analysis

Company Overview

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 wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. In addition, the company offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. Further, it operates mines that produce iron ore located in the Brazilian state of Minas Gerais. The company sells its products through independent distributors, direct sales from the mills, and its retail network. Gerdau S.A. was founded in 1901 and is based in São Paulo, Brazil.

Key Stats

• Today's Range: $2.60 to $2.66
• 50-Day Range: $2.30 to $3.08
• 52-Week Range: $2.27 to $4.04
• Volume: 10.91 million shs
• Average Volume: 9.29 million shs
• Market Capitalization: $5.53 billion
• P/E Ratio: 6.19
• Dividend Yield: 2.26%
• Price Target: $5.00
• Consensus Rating: Hold

Gerdau Stock Analysis - MarketRank™

Gerdau scored higher than 73% of companies evaluated by MarketBeat, and ranked 76th out of 186 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Gerdau has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gerdau has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 2.17%

Earnings Growth

Earnings for Gerdau are expected to grow by 2.17% in the coming year, from $0.46 to $0.47 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gerdau is 6.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gerdau is 6.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 74.53.

Price to Book Value per Share Ratio

Gerdau has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the float of Gerdau has been sold short.

Short Interest Ratio / Days to Cover

Gerdau has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gerdau has recently increased by 16.79%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Gerdau pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Gerdau does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Gerdau is 13.95%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Gerdau will have a dividend payout ratio of 12.77% next year. This indicates that Gerdau will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.39% of the float of Gerdau has been sold short.

Short Interest Ratio / Days to Cover

Gerdau has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gerdau has recently increased by 16.79%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.2 / 5
• News Sentiment: 1.51

News Sentiment

Gerdau has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Gerdau this week, compared to 3 articles on an average week.

Search Interest

12 people have searched for GGB on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.

MarketBeat Follows

3 people have added Gerdau to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gerdau insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.02% of the stock of Gerdau is held by insiders.

Percentage Held by Institutions

Only 1.49% of the stock of Gerdau is held by institutions.

GGB Stock Analysis - Frequently Asked Questions

How have GGB shares performed this year?

Gerdau's stock was trading at $2.88 at the start of the year. Since then, GGB shares have decreased by 8.5% and is now trading at $2.6350.
View the best growth stocks for 2025 here.

How were Gerdau's earnings last quarter?

Gerdau S.A. (NYSE:GGB) announced its earnings results on Wednesday, February, 19th. The basic materials company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The basic materials company earned $2.88 billion during the quarter, compared to analyst estimates of $2.66 billion. Gerdau had a net margin of 7.03% and a trailing twelve-month return on equity of 7.74%.
Read the conference call transcript.

When did Gerdau's stock split?

Gerdau shares split on Tuesday, April 30th 2024. The 6-5 split was announced on Tuesday, April 30th 2024. The newly issued shares were payable to shareholders after the market closes on Tuesday, April 30th 2024. An investor that had 100 shares of stock prior to the split would have 120 shares after the split.

Who are Gerdau's major shareholders?

Top institutional investors of Gerdau include Robeco Institutional Asset Management B.V. (0.02%), Hennion & Walsh Asset Management Inc. (0.01%), QRG Capital Management Inc. (0.01%) and Cambridge Investment Research Advisors Inc..

How do I buy shares of Gerdau?

Shares of GGB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Gerdau own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gerdau investors own include Bank of America (BAC), Ford Motor (F), Vale (VALE), Advanced Micro Devices (AMD), Cisco Systems (CSCO), NVIDIA (NVDA) and Tesla (TSLA).

Company Calendar

• Last Earnings: 2/19/2025
• Record date for 3/21 Dividend: 3/07/2025
• Ex-Dividend for 3/21 Dividend: 3/07/2025
• Dividend Payable: 3/21/2025
• Today: 4/24/2025
• Next Earnings (Estimated): 5/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Steel works, blast furnaces, & rolling & finishing mills
• Sub-Industry: Steel Works
• Current Symbol: NYSE:GGB
• CIK: 1073404
• Web: www2.gerdau.com
• Phone: 551130946300
• Fax: 55-51-3323-2222
• Employees: 30,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $5.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $5.00
• Potential Upside/Downside: +89.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.43
• Trailing P/E Ratio: 6.15
• Forward P/E Ratio: 5.75
• P/E Growth: N/A
• Net Income: $1.50 billion
• Net Margins: 7.03%
• Pretax Margin: 9.13%
• Return on Equity: 7.74%
• Return on Assets: 5.23%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 2.98
• Quick Ratio: 1.53

Sales & Book Value

• Annual Sales: $67.03 billion
• Price / Sales: 0.08
• Cash Flow: $0.92 per share
• Price / Cash Flow: 2.88
• Book Value: $4.68 per share
• Price / Book: 0.57

Miscellaneous

• Outstanding Shares: 2,078,805,000
• Free Float: 2,078,389,000
• Market Cap: $5.50 billion
• Optionable: Optionable
• Beta: 1.37