B. Riley Issues Pessimistic Estimate for Ferroglobe Earnings

Ferroglobe PLC (NASDAQ:GSM) – Stock analysts at B. Riley decreased their Q1 2025 EPS estimates for shares of Ferroglobe in a note issued to investors on Tuesday, March 11th. B. Riley analyst N. Giles now expects that the basic materials company will earn ($0.12) per share for the quarter, down from their prior forecast of ($0.01). The consensus estimate for Ferroglobe’s current full-year earnings is $0.33 per share. B. Riley also issued estimates for Ferroglobe’s Q2 2025 earnings at $0.04 EPS, FY2025 earnings at $0.18 EPS and FY2027 earnings at $0.56 EPS.

Ferroglobe (NASDAQ:GSM) last posted its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04. Ferroglobe had a net margin of 0.32% and a return on equity of 6.36%. The company had revenue of $367.51 million during the quarter, compared to the consensus estimate of $393.00 million.

A number of other equities research analysts have also recently issued reports on GSM. StockNews.com cut shares of Ferroglobe from a “buy” rating to a “hold” rating in a report on Friday, February 21st. Seaport Res Ptn cut shares of Ferroglobe from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th.

Ferroglobe Stock Performance

Ferroglobe stock opened at $3.91 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.00. The firm has a 50-day moving average of $3.86 and a 200-day moving average of $4.13. The company has a market cap of $734.63 million, a price-to-earnings ratio of 195.50 and a beta of 1.89. Ferroglobe has a one year low of $3.23 and a one year high of $6.19.

Institutional Investors Weigh In On Ferroglobe

A number of institutional investors and hedge funds have recently modified their holdings of the company. State Street Corp raised its holdings in Ferroglobe by 1.6% in the 3rd quarter. State Street Corp now owns 163,238 shares of the basic materials company’s stock valued at $757,000 after acquiring an additional 2,615 shares during the period. Geode Capital Management LLC raised its holdings in Ferroglobe by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 225,629 shares of the basic materials company’s stock valued at $857,000 after acquiring an additional 2,760 shares during the period. West Tower Group LLC raised its holdings in Ferroglobe by 3.8% in the 3rd quarter. West Tower Group LLC now owns 137,291 shares of the basic materials company’s stock valued at $637,000 after acquiring an additional 5,000 shares during the period. New York State Common Retirement Fund raised its holdings in Ferroglobe by 48.9% in the 4th quarter. New York State Common Retirement Fund now owns 22,143 shares of the basic materials company’s stock valued at $84,000 after acquiring an additional 7,271 shares during the period. Finally, Qtron Investments LLC raised its holdings in Ferroglobe by 49.7% in the 4th quarter. Qtron Investments LLC now owns 22,268 shares of the basic materials company’s stock valued at $85,000 after acquiring an additional 7,396 shares during the period. 89.64% of the stock is owned by institutional investors.

Ferroglobe Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Thursday, March 20th will be issued a $0.014 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.43%. This is a boost from Ferroglobe’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, March 20th. Ferroglobe’s dividend payout ratio is presently 250.00%.

Ferroglobe Company Profile

Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics; and silicon metal for primary and secondary aluminum producers.