Gerdau S.A. (GGB)Basic Materials | Steel | São Paulo, Brazil | NYSE
4.49 USD
-0.01
(-0.222%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 4.49 |
Hot Take ↕ | July 11, 2026, 5:45 a.m. EDT
The investment case for Gerdau hinges entirely on a turnaround narrative that the market is pricing in aggressively but remains skeptical of. Fundamentally, the company is trading at a bargain valuation with a forward P/E under 8x and a price-to-book ratio below parity, supported by a fortress-like current ratio of 2.76. However, the multi-year price trajectory tells a different story: despite a cumulative gain over the full window, the stock has suffered two consecutive years of decline, signaling that investors currently view the business as struggling to regain momentum. The recent price action shows a fragile recovery, hovering near the 200-day moving average after a period of weakness, which prevents a strong short-term bullish rating. On the income side, the dividend yield of nearly 3% is attractive but comes with a high payout ratio of 74%, leaving little room for error if earnings slip again. The options market reflects this tension: while traders are betting big on a rally to $7.50+, they have also placed heavy hedges at $2.50, acknowledging the risk of a deeper correction. Until the consecutive annual declines turn into a sustained upswing, the stock remains a speculative hold rather than a core buy. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.046168 |
| AutoTheta | 0.046426 |
| AutoARIMA | 0.046587 |
| AutoETS | 0.046589 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 2.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.088 |
| Excess Kurtosis | -0.60 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2026-05-14 |
| Last Dividend Date | 2026-05-14 |
| Debt to Equity Ratio | 29.024 |
| Revenue per Share | 34.792 |
| Market Cap | 8,814,681,088 |
| Trailing P/E | 28.06 |
| Forward P/E | 7.79 |
| Beta | 0.90 |
| Profit Margins | 2.37% |
| Website | https://www2.gerdau.com |
As of July 11, 2026, 5:45 a.m. EDT: Speculators are overwhelmingly bullish on the near-to-intermediate term, evidenced by massive open interest in out-of-the-money calls expiring in September and December, with zero in-the-money put volume for the September expiration. However, this bullishness is tempered by a distinct 'insurance' layer: significant in-the-money put open interest at the $2.50 strike for the September and December expirations, suggesting a floor expectation well below current prices. Implied volatility is notably higher for puts than calls, indicating a fear of a sharp downside move despite the heavy call buying.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.78% | 2.07% | 3.74% | 7.55% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-15 | 0.036000 | 0.782609 |
| 2026-03-12 | 0.019000 | 0.558824 |
| 2025-08-13 | 0.022000 | 0.726073 |
| 2025-05-12 | 0.021000 | 0.786517 |
| 2025-03-07 | 0.017000 | 0.576271 |
| 2024-11-21 | 0.049000 | 1.445428 |
| 2024-08-13 | 0.022000 | 0.687500 |
| 2024-05-17 | 0.054000 | 1.406250 |
| 2024-03-04 | 0.016667 | 0.454555 |
| 2023-11-20 | 0.080000 | 2.025316 |
| 2023-08-21 | 0.073333 | 1.781368 |
| 2023-05-16 | 0.084167 | 2.162749 |
| 2023-03-15 | 0.030159 | 0.791674 |
| 2022-11-22 | 0.330159 | 7.647066 |
| 2022-08-16 | 0.108730 | 2.872113 |
| 2022-05-17 | 0.092063 | 2.060380 |
| 2022-03-08 | 0.031746 | 0.728597 |
| 2021-11-08 | 0.230952 | 6.830976 |
| 2021-09-29 | 0.057143 | 1.512609 |
| 2021-08-17 | 0.083333 | 1.923069 |
| 2021-05-17 | 0.058730 | 1.106126 |
| 2021-03-12 | 0.019048 | 0.488808 |
| 2020-12-22 | 0.026190 | 0.708142 |
| 2020-11-09 | 0.016667 | 0.513458 |
| 2020-03-02 | 0.005556 | 0.181833 |
| 2019-11-12 | 0.007937 | 0.274742 |
| 2019-08-19 | 0.014286 | 0.606073 |
| 2019-05-21 | 0.014286 | 0.517252 |
| 2019-03-08 | 0.021429 | 0.706820 |
| 2018-11-23 | 0.027778 | 0.897443 |
| 2018-08-23 | 0.029365 | 0.978833 |
| 2018-05-23 | 0.018254 | 0.504387 |
| 2018-03-09 | 0.007143 | 0.182930 |
| 2017-11-22 | 0.007143 | 0.276929 |
| 2017-08-22 | 0.004762 | 0.170944 |
| 2016-11-22 | 0.004762 | 0.143544 |
| 2016-08-23 | 0.007937 | 0.337859 |
| 2015-11-10 | 0.007937 | 0.675718 |
| 2015-08-25 | 0.011111 | 1.085260 |
| 2015-05-21 | 0.015873 | 0.645161 |
| 2015-03-17 | 0.019048 | 0.699722 |
| 2014-11-18 | 0.015873 | 0.496277 |
| 2014-08-12 | 0.021429 | 0.470393 |
| 2014-05-22 | 0.025397 | 0.517803 |
| 2014-03-06 | 0.023810 | 0.479243 |
| 2013-11-12 | 0.043651 | 0.716149 |
| 2013-08-13 | 0.024603 | 0.468275 |
| 2013-05-20 | 0.007937 | 0.147938 |
| 2013-03-05 | 0.007937 | 0.127722 |
| 2012-08-14 | 0.034921 | 0.453146 |
| 2012-05-14 | 0.024603 | 0.381301 |
| 2012-02-28 | 0.036508 | 0.441036 |
| 2011-11-22 | 0.053968 | 0.888885 |
| 2011-08-16 | 0.044444 | 0.687954 |
| 2011-05-20 | 0.029365 | 0.362034 |
| 2011-03-15 | 0.028571 | 0.267257 |
| 2010-11-17 | 0.095238 | 0.955413 |
| 2010-08-17 | 0.063492 | 0.557103 |
| 2010-05-18 | 0.050794 | 0.480484 |
| 2010-01-04 | 0.080952 | 0.583188 |
| 2009-11-18 | 0.034127 | 0.259349 |
| 2009-11-12 | 0.032540 | 0.255613 |
| 2009-03-03 | 0.013492 | 0.345527 |
| 2008-11-17 | 0.066667 | 1.440831 |
| 2008-08-18 | 0.180952 | 1.357948 |
| 2008-05-23 | 0.096825 | 0.495832 |
| 2008-02-25 | 0.065873 | 0.526149 |
| 2007-11-23 | 0.075000 | 0.703125 |
| 2007-08-20 | 0.058730 | 0.719143 |
| 2007-05-15 | 0.068254 | 0.815553 |
| 2007-02-22 | 0.066270 | 0.886885 |
| 2006-08-15 | 0.063492 | 1.043024 |
| 2006-02-21 | 0.050529 | 0.859584 |
| 2005-11-21 | 0.053968 | 1.379304 |
| 2005-08-16 | 0.055026 | 1.717574 |
| 2005-05-16 | 0.048413 | 2.011002 |
| 2005-02-14 | 0.064198 | 2.150045 |
| 2004-11-04 | 0.032451 | 1.165277 |
| 2004-08-16 | 0.026631 | 0.926935 |
| 2004-07-01 | 0.036684 | 1.733319 |
| 2004-03-31 | 0.019489 | 0.948520 |
| 2003-12-26 | 0.030688 | 1.793825 |
| 2003-10-08 | 0.015520 | 1.118861 |
| 2003-07-08 | 0.010582 | 1.018674 |
| 2003-03-31 | 0.013024 | 2.098357 |
| 2002-12-26 | 0.018654 | 3.055523 |
| 2002-06-26 | 0.017501 | 2.789186 |
| 2001-12-27 | 0.030322 | 4.670916 |
| 2001-07-19 | 0.011871 | 2.800035 |
| 2000-12-26 | 0.025302 | 4.324663 |
| 2000-06-22 | 0.015330 | 2.008843 |
| 1999-12-22 | 0.020147 | 2.241562 |
| 1999-07-20 | 0.012888 | 2.089291 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.5358362 |
| Address1 | Av. Dra. Ruth Cardoso, 8501 |
| Address2 | 8th floor |
| All Time High | 20.805555 |
| All Time Low | 0.281933 |
| Ask | 4.5 |
| Ask Size | 73,500 |
| Average Analyst Rating | 1.8 - Buy |
| Average Daily Volume10 Day | 17,708,740 |
| Average Daily Volume3 Month | 17,965,804 |
| Average Volume | 17,965,804 |
| Average Volume10Days | 17,708,740 |
| Beta | 0.901 |
| Bid | 4.46 |
| Bid Size | 116,000 |
| Book Value | 5.24236 |
| City | São Paulo |
| Compensation As Of Epoch Date | 1,514,678,400 |
| Country | Brazil |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 4.49 |
| Current Ratio | 2.758 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 4.57 |
| Day Low | 4.45 |
| Debt To Equity | 29.024 |
| Display Name | Gerdau |
| Dividend Date | 1,781,568,000 |
| Dividend Rate | 0.13 |
| Dividend Yield | 2.83 |
| Earnings Call Timestamp End | 1,777,388,400 |
| Earnings Call Timestamp Start | 1,777,388,400 |
| Earnings Growth | 0.379 |
| Earnings Quarterly Growth | 0.337 |
| Earnings Timestamp | 1,777,320,000 |
| Earnings Timestamp End | 1,777,320,000 |
| Earnings Timestamp Start | 1,777,320,000 |
| Ebitda | 9,190,111,232 |
| Ebitda Margins | 0.13281 |
| Enterprise To Ebitda | 2.048 |
| Enterprise To Revenue | 0.272 |
| Enterprise Value | 18,818,412,544 |
| Eps Current Year | 2.78833 |
| Eps Forward | 0.57634103 |
| Eps Trailing Twelve Months | 0.16 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,778,803,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.522 |
| Fifty Day Average Change | -0.032000065 |
| Fifty Day Average Change Percent | -0.0070765293 |
| Fifty Two Week Change Percent | 53.583622 |
| Fifty Two Week High | 4.98 |
| Fifty Two Week High Change | -0.49000025 |
| Fifty Two Week High Change Percent | -0.09839363 |
| Fifty Two Week Low | 2.83 |
| Fifty Two Week Low Change | 1.6599998 |
| Fifty Two Week Low Change Percent | 0.5865724 |
| Fifty Two Week Range | 2.83 - 4.98 |
| Financial Currency | BRL |
| First Trade Date Milliseconds | 921,076,200,000 |
| Five Year Avg Dividend Yield | 7.54 |
| Float Shares | 1,263,335,361 |
| Forward Eps | 0.57634103 |
| Forward P E | 7.790526 |
| Free Cashflow | 2,299,379,712 |
| Full Exchange Name | NYSE |
| Full Time Employees | 30,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.12016 |
| Gross Profits | 8,314,806,784 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.000010000001 |
| Held Percent Institutions | 0.26674998 |
| Implied Shares Outstanding | 1,963,180,638 |
| Industry | Steel |
| Industry Disp | Steel |
| Industry Key | steel |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,778,803,200 |
| Last Dividend Value | 0.036 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,713,398,400 |
| Last Split Factor | 6:5 |
| Long Business Summary | Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, and South America Business segments. The company offers rebars, bars, wires, thick plates, hot rolled coils, billets, blooms, plates, wire rods, and structural profiles. It also provides special steel products for agricultural, automotive, construction, distribution, energy, industrial, and mining markets. In addition, it operates mines that produce iron ore located in Brazil. The company was founded in 1901 and is headquartered in São Paulo, Brazil. |
| Long Name | Gerdau S.A. |
| Market | us_market |
| Market Cap | 8,814,681,088 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_402894 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 1,639,576,960 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 8,220,516,719 |
| Number Of Analyst Opinions | 5 |
| Open | 4.53 |
| Operating Cashflow | 8,595,901,440 |
| Operating Margins | 0.10481 |
| Payout Ratio | 0.742 |
| Peg Ratio | 90.95 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 4.49 |
| Post Market Time | 1,783,986,975 |
| Previous Close | 4.5 |
| Price Eps Current Year | 1.6102828 |
| Price Hint | 4 |
| Price To Book | 0.8564844 |
| Price To Sales Trailing12 Months | 0.12738189 |
| Profit Margins | 0.02369 |
| Quick Ratio | 1.237 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.83333 |
| Region | US |
| Regular Market Change | -0.0100002 |
| Regular Market Change Percent | -0.222227 |
| Regular Market Day High | 4.57 |
| Regular Market Day Low | 4.45 |
| Regular Market Day Range | 4.45 - 4.57 |
| Regular Market Open | 4.53 |
| Regular Market Previous Close | 4.5 |
| Regular Market Price | 4.49 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 10,728,346 |
| Return On Assets | 0.04481 |
| Return On Equity | 0.03066 |
| Revenue Growth | -0.038 |
| Revenue Per Share | 34.792 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 1,246,169,819 |
| Shares Percent Shares Out | 0.012 |
| Shares Short | 23,556,079 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 8,407,063 |
| Short Name | Gerdau S.A. |
| Short Percent Of Float | 0.0292 |
| Short Ratio | 1.31 |
| Source Interval | 15 |
| State | SP |
| Symbol | GGB |
| Target High Price | 5.9708233 |
| Target Low Price | 5.2610865 |
| Target Mean Price | 5.564458 |
| Target Median Price | 5.5483704 |
| Total Cash | 5,589,834,752 |
| Total Cash Per Share | 2.841 |
| Total Debt | 15,374,748,672 |
| Total Revenue | 69,198,856,192 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.68 |
| Trailing Annual Dividend Yield | 0.15111111 |
| Trailing Eps | 0.16 |
| Trailing P E | 28.0625 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.9373 |
| Two Hundred Day Average Change | 0.5526998 |
| Two Hundred Day Average Change Percent | 0.14037533 |
| Type Disp | Equity |
| Volume | 10,728,346 |
| Website | https://www2.gerdau.com |
| Zip | 05,425-070 |