B. Riley Issues Negative Forecast for Ferroglobe Earnings

Ferroglobe PLC (NASDAQ:GSM) – Analysts at B. Riley reduced their Q1 2025 earnings estimates for shares of Ferroglobe in a research report issued to clients and investors on Tuesday, March 11th. B. Riley analyst N. Giles now expects that the basic materials company will post earnings per share of ($0.12) for the quarter, down from their prior estimate 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 announced its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04. Ferroglobe had a return on equity of 6.36% and a net margin of 0.32%. The business had revenue of $367.51 million for the quarter, compared to the consensus estimate of $393.00 million.

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

Ferroglobe Price Performance

Shares of Ferroglobe stock opened at $4.03 on Thursday. The firm has a market cap of $757.18 million, a PE ratio of 201.50 and a beta of 1.89. The stock has a 50 day moving average of $3.86 and a 200 day moving average of $4.13. The company has a current ratio of 1.82, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02. Ferroglobe has a 12 month low of $3.23 and a 12 month high of $6.19.

Ferroglobe Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.014 per share. This is a boost from Ferroglobe’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.39%. Ferroglobe’s dividend payout ratio is currently 250.00%.

Institutional Investors Weigh In On Ferroglobe

Institutional investors and hedge funds have recently modified their holdings of the business. Heck Capital Advisors LLC purchased a new stake in Ferroglobe in the fourth quarter worth $37,000. Raymond James Financial Inc. bought a new stake in Ferroglobe during the 4th quarter valued at about $42,000. LPL Financial LLC purchased a new stake in Ferroglobe in the 4th quarter valued at about $42,000. Barclays PLC bought a new position in Ferroglobe in the 3rd quarter worth about $44,000. Finally, RPO LLC bought a new position in Ferroglobe in the 4th quarter worth about $53,000. 89.64% of the stock is owned by institutional investors.

About Ferroglobe

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.