31-Aug-2026
Gerdau Secures Expanded US$1.125 Billion Global Working Capital Facility
TipRanks (Tue, 1-Sep 6:50 AM ET)
GERDAU S.A. - CONSOLIDATED INFORMATION
PRNewswire (Tue, 4-Aug 6:54 PM ET)
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as Semi-finished products (Billets, Blooms and Slabs), Special bar quality, Common Long Rolled Products, Dawn products, Merchant bar, Beams, Rebar, Piling, Iron Ore and Others. The company's geographical segment includes Brazil Segment; North America Segment; and South America Segment. It derives the majority of its revenue from the Brazil Operations segment, which includes the long, flat and special steel operations and the iron ore operation located in Brazil and joint ventures and associated companies located in Brazil.
Gerdau S.A. trades on the NYSE stock market under the symbol GGB.
As of August 31, 2026, GGB stock price climbed to $4.61 with 9,108,871 million shares trading.
GGB has a beta of 1.15, meaning it tends to be more sensitive to market movements. GGB has a correlation of 0.14 to the broad based SPY ETF.
GGB has a market cap of $9.05 billion. This is considered a Mid Cap stock.
Last quarter Gerdau S.A. reported $4 billion in Revenue and $.15 earnings per share. This beat revenue expectation by $184 million and met earnings estimates .
In the last 3 years, GGB traded as high as $5.36 and as low as $2.27.
The top ETF exchange traded funds that GGB belongs to (by Net Assets): ILF, AVEM, SPEM, MFSI, VEU.
GGB has outperformed the market in the last year with a return of +57.9%, while the SPY ETF gained +20.1%. In the last 3 month period, GGB beat the market returning +4.4%, while SPY returned +1.6%. However, in the most recent 2 weeks GGB has underperformed the stock market by returning -2.1%, while SPY returned -0.7%.
GGB support price is $4.47 and resistance is $4.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GGB shares will trade within this expected range on the day.