FY2025 Earnings Forecast for Greif Issued By Zacks Research

Greif, Inc. (NYSE:GEF - Free Report) - Stock analysts at Zacks Research dropped their FY2025 EPS estimates for shares of Greif in a note issued to investors on Tuesday, July 1st. Zacks Research analyst M. Das now expects that the industrial products company will post earnings of $3.81 per share for the year, down from their previous estimate of $3.82. The consensus estimate for Greif's current full-year earnings is $4.11 per share. Zacks Research also issued estimates for Greif's Q4 2026 earnings at $1.49 EPS.

Greif (NYSE:GEF - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The industrial products company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.08 by $0.11. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.43 billion. Greif had a net margin of 3.74% and a return on equity of 10.21%. The business's revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 earnings per share.

A number of other equities analysts also recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of Greif from $75.00 to $67.00 and set an "overweight" rating for the company in a report on Tuesday, June 3rd. Truist Financial cut their price objective on Greif from $65.00 to $56.00 and set a "hold" rating on the stock in a report on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $74.17.

Greif Stock Performance

Greif stock traded down $1.03 during mid-day trading on Friday, reaching $68.70. The company's stock had a trading volume of 241,939 shares, compared to its average volume of 178,332. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.76 and a beta of 0.99. The business has a 50 day moving average price of $59.66 and a 200-day moving average price of $58.34. The company has a current ratio of 1.27, a quick ratio of 0.96 and a debt-to-equity ratio of 1.07. Greif has a twelve month low of $48.23 and a twelve month high of $73.16.

Institutional Investors Weigh In On Greif

Hedge funds have recently modified their holdings of the business. UniSuper Management Pty Ltd bought a new position in Greif in the first quarter worth $654,000. Jacobs Levy Equity Management Inc. acquired a new stake in Greif in the first quarter worth about $3,193,000. AQR Capital Management LLC increased its position in Greif by 54.2% in the first quarter. AQR Capital Management LLC now owns 366,449 shares of the industrial products company's stock worth $20,015,000 after purchasing an additional 128,880 shares during the period. Baird Financial Group Inc. grew its position in shares of Greif by 5.5% during the 1st quarter. Baird Financial Group Inc. now owns 37,135 shares of the industrial products company's stock worth $2,042,000 after buying an additional 1,944 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its position in shares of Greif by 4.7% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,251,074 shares of the industrial products company's stock worth $68,797,000 after buying an additional 55,948 shares during the period. 45.74% of the stock is owned by institutional investors.

Insider Activity at Greif

In other Greif news, CEO Ole G. Rosgaard sold 30,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $65.75, for a total transaction of $1,972,500.00. Following the transaction, the chief executive officer owned 97,464 shares in the company, valued at $6,408,258. This trade represents a 23.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Kimberly Anne Kellermann sold 9,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $67.88, for a total value of $610,920.00. Following the transaction, the senior vice president owned 3,548 shares in the company, valued at approximately $240,838.24. This trade represents a 71.72% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 59,031 shares of company stock worth $3,985,590. Corporate insiders own 7.60% of the company's stock.

Greif Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 17th were issued a dividend of $0.54 per share. The ex-dividend date was Tuesday, June 17th. This represents a $2.16 annualized dividend and a yield of 3.14%. Greif's dividend payout ratio (DPR) is presently 60.85%.

About Greif

Greif, Inc engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries.