B. Riley Issues Negative Outlook for Ferroglobe Earnings

Ferroglobe PLC (NASDAQ:GSM) – Analysts at B. Riley cut their Q1 2025 earnings per share (EPS) estimates for 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.

Several other analysts also recently issued reports on GSM. StockNews.com downgraded shares of Ferroglobe from a “buy” rating to a “hold” rating in a research note on Friday, February 21st. Seaport Res Ptn downgraded 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 NASDAQ:GSM opened at $3.91 on Thursday. Ferroglobe has a one year low of $3.23 and a one year high of $6.19. The stock has a fifty day moving average of $3.86 and a 200-day moving average of $4.13. The company has a market capitalization of $734.63 million, a PE ratio of 195.50 and a beta of 1.89. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.82.

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 analysts’ consensus estimates of ($0.01) by $0.04. Ferroglobe had a return on equity of 6.36% and a net margin of 0.32%. The company had revenue of $367.51 million during the quarter, compared to the consensus estimate of $393.00 million.

Hedge Funds Weigh In On Ferroglobe

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

Ferroglobe Increases Dividend

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