Gerdau S.A. (GGB)

NYSE: GGB · IEX Real-Time Price · USD
4.77
+0.01 (0.21%)
Mar 29, 2023, 4:00 PM EDT - Market closed
0.21%
Market Cap 8.56B
Revenue (ttm) 14.07B
Net Income (ttm) 2.78B
Shares Out 1.79B
EPS (ttm) 1.62
PE Ratio 3.26
Forward PE 7.09
Dividend $0.34 (7.16%)
Ex-Dividend Date Mar 15, 2023
Volume 5,772,321
Open 4.79
Previous Close 4.76
Day's Range 4.71 - 4.83
52-Week Range 3.75 - 6.34
Beta 1.29
Analysts Buy
Price Target 6.88 (+44.24%)
Earnings Date Mar 30, 2023

About GGB

Gerdau S.A. provides steel products and services. The company operates through Brazil Business, North America Business, South America Business, and Special Steel Business segments. It offers 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; finished industrial products, including commercial rolled-steel bars, and light profiles and wires; agricultural products that include stakes and smo... [Read more]

Industry Steel
Sector Materials
IPO Date Mar 10, 1999
Employees 30,000
Stock Exchange NYSE
Ticker Symbol GGB
Full Company Profile

Financial Performance

In 2021, Gerdau's revenue was 78.35 billion, an increase of 78.81% compared to the previous year's 43.81 billion. Earnings were 15.49 billion, an increase of 554.93%.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 24 analysts, the average rating for GGB stock is "Buy." The 12-month stock price forecast is $6.88, which is an increase of 44.24% from the latest price.

Price Target
$6.88
(44.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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2 weeks ago - InvestorPlace

GERDAU S.A. - CONSOLIDATED INFORMATION

SÃO PAULO, March 1, 2023 /PRNewswire/ -- 4Q22 Highlights Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) reaches R$ 21.5 billion throughout 2022, with an adjusted EBIT...

1 month 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 month ago - GuruFocus

Are Investors Undervaluing Gerdau (GGB) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

2 months ago - Zacks Investment Research

Why Fast-paced Mover Gerdau (GGB) Is a Great Choice for Value Investors

Gerdau (GGB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made...

2 months ago - Zacks Investment Research

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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2 months ago - Forbes

Gerdau (GGB) is a Great Momentum Stock: Should You Buy?

Does Gerdau (GGB) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Is Gerdau (GGB) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

2 months ago - Zacks Investment Research

Despite Fast-paced Momentum, Gerdau (GGB) Is Still a Bargain Stock

Gerdau (GGB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made...

2 months ago - Zacks Investment Research

What Makes Gerdau (GGB) a Good Fit for 'Trend Investing'

Gerdau (GGB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

2 months ago - Zacks Investment Research

5 Lucrative PEG-Driven Value Stocks for Investors

Here are five stocks, CAG, GFI, GGB, NRG and CNM that match our screening criteria.

Other symbols: CAGCNMGFINRG
2 months ago - Zacks Investment Research

Is Gerdau (GGB) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

3 months ago - Zacks Investment Research

Gerdau (GGB) Is Attractively Priced Despite Fast-paced Momentum

Gerdau (GGB) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made...

3 months ago - Zacks Investment Research

Gerdau (GGB)'s Technical Outlook is Bright After Key Golden Cross

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

3 months ago - Zacks Investment Research

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 ...

4 months ago - Business Wire

4 Solid Dividend-Paying Steel Stocks to Shield Your Portfolio

Against the current challenging backdrop, it would be prudent to invest in some top-notch dividend-paying steel stocks. TX, GGB, APEMY and ANIOY are worth adding to your portfolio.

Other symbols: TX
6 months ago - Zacks Investment Research

7 Little-Known Penny Stocks With Massive Upside Potential

Investing in little-known penny stocks can facilitate stock ownership in relatively unknown industries. Though they tend to be wildly risky, these inexpensive stocks tend to offer the potential for ou...

6 months ago - InvestorPlace

7 Penny Stocks to Buy Before the Bull Market Returns

Amid macro-level uncertainties, figuring out which penny stocks to buy before the bull market returns is probably the last thing on your mind. With stocks taking another dive after the latest inflatio...

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7 months ago - InvestorPlace

3 Stocks With Robust Dividend Growth That Pay Investors Handsomely

During times of market weakness, it's beneficial to have a solid income stream from your investments.

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10 months ago - Zacks Investment Research

What Makes Gerdau (GGB) a Good Fit for "Trend Investing"

Gerdau (GGB) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

10 months ago - Zacks Investment Research

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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11 months ago - Forbes

Gerdau (GGB) Just Overtook the 20-Day Moving Average

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

1 year ago - Zacks Investment Research

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...

1 year ago - PRNewsWire

USNZY vs. GGB: Which Stock Should Value Investors Buy Now?

USNZY vs. GGB: Which Stock Is the Better Value Option?

1 year ago - Zacks Investment Research

Here's Why Momentum Investors Will Love Gerdau (GGB)

Does Gerdau (GGB) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 year ago - Zacks Investment Research