B. Riley Issues Negative Outlook for Ferroglobe Earnings

Ferroglobe PLC (NASDAQ:GSM) – Stock analysts at B. Riley decreased their Q1 2025 earnings per share (EPS) estimates for shares of Ferroglobe in a note issued to investors on Tuesday, March 11th. B. Riley analyst N. Giles now forecasts that the basic materials company will earn ($0.12) per share for the quarter, down from their previous 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 earnings results on Wednesday, February 19th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $367.51 million for the quarter, compared to analyst estimates of $393.00 million.

Several other brokerages also recently weighed in on GSM. Seaport Res Ptn downgraded Ferroglobe from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th. StockNews.com downgraded Ferroglobe from a “buy” rating to a “hold” rating in a report on Friday, February 21st.

Ferroglobe Price Performance

Shares of NASDAQ GSM opened at $3.91 on Thursday. The stock’s 50-day moving average is $3.86 and its two-hundred day moving average is $4.13. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.82 and a quick ratio of 1.00. Ferroglobe has a 1-year low of $3.23 and a 1-year high of $6.19. 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 Increases Dividend

The firm also recently declared 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 is a boost from Ferroglobe’s previous quarterly dividend of $0.01. This represents a $0.06 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, March 20th. Ferroglobe’s dividend payout ratio (DPR) is currently 250.00%.

Hedge Funds Weigh In On Ferroglobe

Several hedge funds have recently bought and sold shares of GSM. Heck Capital Advisors LLC purchased a new stake in shares of Ferroglobe in the fourth quarter valued at $37,000. Wexford Capital LP purchased a new stake in shares of Ferroglobe during the fourth quarter worth about $552,000. State of Wyoming increased its holdings in Ferroglobe by 165.3% in the fourth quarter. State of Wyoming now owns 122,523 shares of the basic materials company’s stock valued at $466,000 after buying an additional 76,337 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in Ferroglobe in the fourth quarter valued at about $592,000. Finally, Lloyd Harbor Capital Management LLC bought a new stake in Ferroglobe in the fourth quarter valued at about $5,605,000. 89.64% of the stock is owned by hedge funds and other 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.