Gerdau S.A. (GGB)

NYSE: GGB · IEX Real-Time Price · USD
4.40
+0.17 (4.02%)
At close: Jun 24, 2022 4:00 PM
4.44
+0.04 (0.91%)
After-hours: Jun 24, 2022 7:10 PM EDT
4.02%
Market Cap 7.51B
Revenue (ttm) 14.07B
Net Income (ttm) 2.78B
Shares Out 1.71B
EPS (ttm) 1.80
PE Ratio 2.45
Forward PE 3.25
Dividend $0.62 (14.18%)
Ex-Dividend Date May 17, 2022
Volume 20,659,730
Open 4.33
Previous Close 4.23
Day's Range 4.25 - 4.46
52-Week Range 4.17 - 6.62
Beta 1.27
Analysts Buy
Price Target 7.32 (+66.4%)
Earnings Date Aug 3, 2022

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 Metals & Mining
IPO Date Mar 10, 1999
CEO Gustavo Werneck Da Cunha
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 22 analysts, the average rating for GGB stock is "Buy." The 12-month stock price forecast is 7.32, which is an increase of 66.36% from the latest price.

Price Target
$7.32
(66.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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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.

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GERDAU S.A. - CONSOLIDATED INFORMATION

SÃO PAULO, May 5, 2022 /PRNewswire/ -- 1Q22 Highlights Best adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for a first quarter, reaching R$ 5.8 billion, with an adjuste...

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?

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. Securit...

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

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

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Is Gerdau (GGB) Stock Outpacing Its Basic Materials Peers This Year?

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USNZY or GGB: Which Is the Better Value Stock Right Now?

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

Steel Prices Set for Upturn on War-Led Supply Crunch: 5 Top Picks

The prospects of an upswing in steel prices augur well for the steel industry which has lost some momentum after having a banner year in 2021. NUE, ZEUS, TMST, CMC and GGB are worth betting on right now.

Other symbols: CMCNUETMSTZEUS

Is Gerdau (GGB) Outperforming Other Basic Materials Stocks This Year?

Here is how Gerdau (GGB) and VALE S.A. (VALE) have performed compared to their sector so far this year.

Why Gerdau (GGB) is a Top Growth Stock for the Long-Term

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Strong demand across major end-markets and still-elevated steel prices should enable the Zacks Steel Producers industry to thrive. GGB, CMC, ZEUS and USAP are set to gain from favorable industry fundame...

Other symbols: CMCUSAPZEUS

Why Gerdau (GGB) is a Top Momentum Stock for the Long-Term

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Best Momentum Stocks to Buy for January 20th

WLK and GGB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 20, 2022

Other symbols: WLK

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GGB, MC, and MBWM made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 20, 2022

Other symbols: MBWMMC

5 Growth Stocks That are Likely to Pay Solid Dividends

With a blend of growth and dividend characteristics, we select Canadian Natural Resources (CNQ), Gerdau (GGB), ZIM Integrated Shipping Services (ZIM), Yara International (YARIY) and EVRAZ (EVRZF).

Other symbols: CNQZIM

Best Growth Stocks to Buy for December 27th

CWK, TGLS, CC, and GGB made it to the Zacks Rank #1 (Strong Buy) growth stocks list on December 27, 2021.

Other symbols: CCCWKTGLS

New Strong Buy Stocks for December 27th

ASO, GGB, PAG, TOL, and CWK have been added to the Zacks Rank #1 (Strong Buy) List on December 27th.

Other symbols: ASOCWKPAGTOL

Best Value Stocks to Buy for December 27th

GGB, PAG, CC, and HAFC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 27, 2021.

Other symbols: CCHAFCPAG

Best Income Stocks to Buy for December 27th

GGB, APTS, SPG, and BNS made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 27, 2021

Other symbols: BNSSPG

Gerdau S.A. Announces Final Results Of The Cash Tender Offer For Certain Of The Outstanding 4.750% Bonds Due 2023, 5....

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 Comp...

7 Hot Penny Stocks to Buy for December That Are Positioned to Pop

These penny stocks remain positioned to run upwards in the near term. Purchasing shares in December could quickly lead to profits.

Gerdau S.A. Announces Results Of Early Tender Period Of The Cash Tender Offer For Certain Of The Outstanding 4.750% B...

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 an...