Gerdau (GGB) Projected to Announce Quarterly Earnings on Thursday

Gerdau (NYSE:GGB) is projected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $3.4204 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 11:00 AM ET.

Gerdau (NYSE:GGB) last released its quarterly earnings results on Tuesday, April 28th. The basic materials company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). The business had revenue of $3.22 billion for the quarter, compared to analysts’ expectations of $3.36 billion. Gerdau had a return on equity of 6.76% and a net margin of 2.40%. On average, analysts expect Gerdau to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Gerdau Trading Up 2.9%

Shares of GGB stock opened at $4.78 on Thursday. Gerdau has a 1-year low of $2.85 and a 1-year high of $4.98. The firm has a market cap of $9.55 billion, a PE ratio of 29.85 and a beta of 1.50. The company has a 50-day moving average of $4.50 and a two-hundred day moving average of $4.22. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.76 and a quick ratio of 1.29.

Gerdau Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Friday, May 15th were paid a dividend of $0.0361 per share. This represents a $0.14 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Friday, May 15th. This is an increase from Gerdau’s previous quarterly dividend of $0.02. Gerdau’s payout ratio is currently 75.00%.

Insider Buying and Selling

In other Gerdau news, CEO Cunha Gustavo Werneck Da purchased 165,224 shares of Gerdau stock in a transaction dated Friday, June 12th. The stock was acquired at an average cost of $4.73 per share, with a total value of $781,509.52. Following the acquisition, the chief executive officer directly owned 165,224 shares of the company’s stock, valued at $781,509.52. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Chia Yuan Wang sold 30,935 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $4.49, for a total value of $138,898.15. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 671,765 shares of company stock worth $3,200,865 in the last three months. Company insiders own 0.02% of the company’s stock.

Institutional Investors Weigh In On Gerdau

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its stake in shares of Gerdau by 65.9% during the 1st quarter. AQR Capital Management LLC now owns 582,949 shares of the basic materials company’s stock worth $1,656,000 after purchasing an additional 231,588 shares during the period. Millennium Management LLC increased its stake in shares of Gerdau by 54.6% during the 1st quarter. Millennium Management LLC now owns 4,363,764 shares of the basic materials company’s stock valued at $12,393,000 after acquiring an additional 1,541,311 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Gerdau by 821.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,344,175 shares of the basic materials company’s stock worth $6,657,000 after purchasing an additional 2,089,675 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Gerdau during the second quarter worth about $51,000. Finally, Creative Planning increased its stake in Gerdau by 88.8% during the second quarter. Creative Planning now owns 70,079 shares of the basic materials company’s stock worth $205,000 after acquiring an additional 32,961 shares during the last quarter. Hedge funds and other institutional investors own 1.49% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on GGB shares. UBS Group reissued a “buy” rating and set a $5.25 target price (up from $4.60) on shares of Gerdau in a research note on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of Gerdau in a research note on Wednesday, June 24th. Itau BBA Securities raised shares of Gerdau from a “market perform” rating to an “outperform” rating and set a $4.60 target price on the stock in a report on Wednesday, April 1st. Scotiabank upgraded shares of Gerdau from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 26th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Gerdau from $5.50 to $6.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $5.28.

About Gerdau

Gerdau SA is a Brazilian-based steel producer engaged in the manufacture and distribution of long steel products for the construction, industrial and agricultural sectors. Established in 1901, the company operates an integrated network of electric-arc furnaces and rolling mills, producing reinforcement bars, wire rod, merchant bars and structural shapes. Gerdau’s product portfolio also includes specialty long steel, high-yield reinforcement, rail, beams and steel coils, as well as value-added processing services such as cutting, bending and coating.

The company has expanded its footprint beyond Brazil, with significant operations in North America, South America and a presence in select European markets.