Gerdau (GGB) Projected to Post Earnings on Monday

Gerdau (NYSE:GGB – Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Monday, October 26th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $3.64 billion for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 11:00 AM ET.

Gerdau (NYSE:GGB – Get Free Report) last posted its earnings results on Tuesday, August 4th. The basic materials company reported $0.15 earnings per share for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.41 billion. Gerdau had a return on equity of 7.97% and a net margin of 3.37%. On average, analysts expect Gerdau to post $0.55 EPS for the current fiscal year and $0.62 EPS for the next fiscal year.

Gerdau Stock Performance

Shares of GGB opened at $5.09 on Friday. The stock has a 50 day moving average price of $4.89 and a 200 day moving average price of $4.67. The company has a quick ratio of 1.30, a current ratio of 2.87 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 22.15 and a beta of 1.48. Gerdau has a 52-week low of $3.14 and a 52-week high of $5.48.

Gerdau Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, August 21st were paid a $0.0448 dividend. This is an increase from Gerdau’s previous quarterly dividend of $0.0361. This represents a $0.18 annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, August 21st. Gerdau’s payout ratio is currently 65.22%.

Analyst Ratings Changes

Several analysts have recently weighed in on GGB shares. JPMorgan Chase & Co. boosted their price objective on shares of Gerdau from $6.00 to $6.50 and gave the stock an “overweight” rating in a research report on Friday, September 4th. Weiss Ratings upgraded shares of Gerdau from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, October 12th. Wall Street Zen raised shares of Gerdau to a “strong-buy” rating in a research report on Saturday, October 17th. Bank of America downgraded shares of Gerdau from a “buy” rating to a “neutral” rating and set a $5.10 target price on the stock. in a research report on Thursday, August 20th. Finally, HSBC lowered shares of Gerdau from a “buy” rating to a “hold” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.57.

Read Our Latest Report on GGB

Insider Activity

In other news, Chairman Claudio Johannpeter sold 85,607 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $4.94, for a total value of $422,898.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Rafael Lopes sold 51,800 shares of the company’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $5.09, for a total value of $263,662.00. Following the completion of the sale, the executive vice president directly owned 83,399 shares of the company’s stock, valued at approximately $424,500.91. This trade represents a 38.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 147,407 shares of company stock valued at $737,561. Insiders own 0.02% of the company’s stock.

About Gerdau

(Get Free Report)

Gerdau SA is a Brazil-based steel producer with operations across the Americas. The company manufactures and sells steel products for the construction, industrial, automotive, agricultural and infrastructure markets.

Its product portfolio includes long steel products such as rebar, wire rod, merchant bars and structural shapes, as well as special steel used in automotive and industrial applications. Gerdau also produces flat steel and semi-finished products, including billets and slabs, and operates steel mills, scrap-processing facilities and related distribution networks.

Founded in 1901, Gerdau has grown from a regional Brazilian steelmaker into an international producer serving customers in Brazil, North America and other parts of Latin America.

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Earnings History for Gerdau (NYSE:GGB)

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