Greif, Inc. is a producer of industrial packaging products and services. The Company's segments are Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services, and Land Management. The Rigid Industrial Packaging & Services segment is engaged in the production and sale of rigid industrial packaging products, and services, such as container life cycle management, filling, logistics, warehousing and other packaging services. The Paper Packaging & Services segment is engaged in the production and sale of containerboard, corrugated sheets, corrugated containers and other corrugated products. The Flexible Products & Services segment is engaged in the production and sale of flexible intermediate bulk containers and related services on a global basis. The Land Management segment is involved in the management and sale of timber. As of October 31, 2016, the Company had operations in over 45 countries.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Non-Paper Containers & Packaging - NEC
- Sub-Industry: Metal & Glass Containers
- Symbol: NYSE:GEF
- CUSIP: 39762410
- Web: www.greif.com
- Market Cap: $2.68 billion
- Outstanding Shares: 25,835,000
- 50 Day Moving Avg: $56.42
- 200 Day Moving Avg: $56.47
- 52 Week Range: $40.77 - $63.04
Sales & Book Value:
- Trailing P/E Ratio: 28.17
- Foreward P/E Ratio: 17.09
- P/E Growth: 1.92
- Annual Revenue: $3.42 billion
- Price / Sales: 0.42
- Book Value: $20.49 per share
- Price / Book: 2.74
- Annual Dividend: $1.68
- Dividend Yield: 3.0%
- EBIDTA: $447.5 million
- Net Margins: 2.81%
- Return on Equity: 16.17%
- Return on Assets: 4.95%
- Debt-to-Equity Ratio: 1.05%
- Current Ratio: 1.61%
- Quick Ratio: 1.11%
- Average Volume: 209,767 shs.
- Beta: 1.37
- Short Ratio: 4.63
Frequently Asked Questions for Greif Bros. Corporation (NYSE:GEF)
What is Greif Bros. Corporation's stock symbol?
Greif Bros. Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEF."
How often does Greif Bros. Corporation pay dividends? What is the dividend yield for Greif Bros. Corporation?
Greif Bros. Corporation announced a quarterly dividend on Wednesday, June 7th. Stockholders of record on Monday, June 19th will be given a dividend of $0.42 per share on Saturday, July 1st. This represents a $1.68 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Thursday, June 15th. View Greif Bros. Corporation's Dividend History.
How were Greif Bros. Corporation's earnings last quarter?
Greif Bros. Corporation (NYSE:GEF) posted its quarterly earnings data on Wednesday, June, 7th. The company reported $0.67 EPS for the quarter, missing the Zacks' consensus estimate of $0.74 by $0.07. The business had revenue of $887.40 million for the quarter, compared to analysts' expectations of $891.22 million. Greif Bros. Corporation had a return on equity of 16.17% and a net margin of 2.81%. Greif Bros. Corporation's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 earnings per share. View Greif Bros. Corporation's Earnings History.
When will Greif Bros. Corporation make its next earnings announcement?
What guidance has Greif Bros. Corporation issued on next quarter's earnings?
Greif Bros. Corporation updated its FY17 earnings guidance on Wednesday, June, 7th. The company provided EPS guidance of $2.84-3.02 for the period, compared to the Thomson Reuters consensus estimate of $2.92.
Where is Greif Bros. Corporation's stock going? Where will Greif Bros. Corporation's stock price be in 2017?
7 brokers have issued 1 year price objectives for Greif Bros. Corporation's stock. Their forecasts range from $47.00 to $63.00. On average, they anticipate Greif Bros. Corporation's share price to reach $55.80 in the next year. View Analyst Ratings for Greif Bros. Corporation.
What are analysts saying about Greif Bros. Corporation stock?
Here are some recent quotes from research analysts about Greif Bros. Corporation stock:
- 1. KeyCorp analysts commented, "We are below guidance on both FY17 adj. EPS and FCF." (6/8/2017)
- 2. According to Zacks Investment Research, "Greif reaffirmed its fiscal 2017 earnings per share (EPS) to range between $2.78 and $3.08. Going forward, Greif’s results will benefit from its Transformation plan. Reduction of unplanned downtime, sale of non-core assets, strong liquidity position and share repurchases will also aid results. The company’s share price performance has significantly outperformed the containers-metal glass industry over the past one year. However, sluggish global industrial economy, poor containerboard prices, a strong U.S. dollar and weaker-than-expected seasonal agricultural sales will remain major headwinds for Greif. Again, significant impairment and restructuring charges will hurt its earnings. Further, the company continues to see a very broad slowdown in China. The company has a negative record of earnings surprises in recent quarters." (5/26/2017)
- 3. BMO Capital Markets analysts commented, "BMO recently hosted Greif's CEO Pete Watson and CFO Larry Hilsheimer for a series of investor meetings in NYC and Chicago. After several years of poor performance and management missteps, there is clear evidence of a turnaround under the new leadership of Pete Watson. As GEF pivots focus to inorganic growth, discipline around valuation is critical. A right acquisition at the right price could create a lot of shareholder value and increase confidence in the management ' but, they need to execute. Boosting price target to $53." (3/20/2017)
Who are some of Greif Bros. Corporation's key competitors?
Some companies that are related to Greif Bros. Corporation include AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Flowserve Corporation (FLS), Metso Oyj (MXCYY), Ardagh Group S.A. (ARD), Sonoco Products Company (SON), Colfax Corporation (CFX), Graphic Packaging Holding Company (GPK), Owens-Illinois (OI), MSC Industrial Direct Company (MSM), Bemis Company (BMS), Regal Beloit Corporation (RBC), Terex Corporation (TEX), Timken Company (The) (TKR), Valmont Industries (VMI), Silgan Holdings (SLGN), Barnes Group (B) and Worthington Industries (WOR).
Who are Greif Bros. Corporation's key executives?
Greif Bros. Corporation's management team includes the folowing people:
- Michael J. Gasser, Independent Chairman of the Board
- Peter G. Watson, President, Chief Executive Officer, Director
- Lawrence A. Hilsheimer, Chief Financial Officer, Executive Vice President
- Gary R. Martz, Executive Vice President, General Counsel, Secretary
- DeeAnne J. Marlow, Senior Vice President - Human Resources
- Michael Cronin, Senior Vice President and Group President, RIPS — EMEA
- Douglas W. Lingrel, Chief Administrative Officer, Vice President
- David C. Lloyd, Vice President, Corporate Financial Controller and Treasurer
- Christopher E. Luffler, Vice President, Business Managerial Controller
- Matt Eichmann, Vice President, Investor Relations and Corporate Communications
Who owns Greif Bros. Corporation stock?
Greif Bros. Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (1.80%), Ameriprise Financial Inc. (1.05%), Mondrian Investment Partners LTD (0.13%), Comerica Bank (0.08%), Dorsey Wright & Associates (0.12%) and Hancock Holding Co. (0.10%). Company insiders that own Greif Bros. Corporation stock include Gary R Martz and Shannon J Diener. View Institutional Ownership Trends for Greif Bros. Corporation.
Who sold Greif Bros. Corporation stock? Who is selling Greif Bros. Corporation stock?
Greif Bros. Corporation's stock was sold by a variety of institutional investors in the last quarter, including Hancock Holding Co., Gamco Investors INC. ET AL, Ameriprise Financial Inc., SG Americas Securities LLC, Comerica Bank, First Mercantile Trust Co., Municipal Employees Retirement System of Michigan and Dorsey Wright & Associates. View Insider Buying and Selling for Greif Bros. Corporation.
Who bought Greif Bros. Corporation stock? Who is buying Greif Bros. Corporation stock?
Greif Bros. Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Mondrian Investment Partners LTD, Amalgamated Bank, AMG National Trust Bank, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Nine Chapters Capital Management LLC, Neuberger Berman Group LLC and Arizona State Retirement System. View Insider Buying and Selling for Greif Bros. Corporation.
How do I buy Greif Bros. Corporation stock?
Shares of Greif Bros. Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Greif Bros. Corporation's stock price today?
MarketBeat Community Rating for Greif Bros. Corporation (NYSE GEF)MarketBeat's community ratings are surveys of what our community members think about Greif Bros. Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Greif Bros. Corporation stock can currently be purchased for approximately $56.07.
Consensus Ratings for Greif Bros. Corporation (NYSE:GEF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 2 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$55.80 (0.48% downside)|
Analysts' Ratings History for Greif Bros. Corporation (NYSE:GEF)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/17/2017||BMO Capital Markets||Reiterated Rating||Hold||$55.00||Low|
|6/10/2017||Bank of America Corporation||Set Price Target||Buy||$61.00 -> $60.00||Low|
|6/11/2017||Robert W. Baird||Reiterated Rating||Outperform||$63.00||Low|
|3/17/2017||Sidoti||Initiated Coverage||Buy -> Buy||Low|
|3/6/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|3/3/2017||DA Davidson||Upgrade||Underperform -> Neutral||$47.00 -> $54.00||N/A|
|6/29/2016||Deutsche Bank AG||Reiterated Rating||Market Perform||$36.00||N/A|
Earnings History for Greif Bros. Corporation (NYSE:GEF)Earnings History by Quarter for Greif Bros. Corporation (NYSE GEF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|6/7/2017||Q2 2017||$0.74||$0.67||$891.22 million||$887.40 million||View||Listen|
|3/1/2017||Q117||$0.50||$0.45||$802.04 million||$820.90 million||View||Listen|
|12/7/2016||Q416||$0.68||$0.65||$840.83 million||$867.60 million||View||Listen|
|8/31/2016||Q316||$0.72||$0.91||$910.83 million||$845.00 million||View||N/A|
|6/8/2016||Q216||$0.57||$0.47||$836.77 million||$839.60 million||View||N/A|
|3/7/2016||Q116||$0.32||$0.40||$844.31 million||$771.40 million||View||N/A|
|12/10/2015||Q415||$0.49||$0.76||$898.53 million||$868.50 million||View||N/A|
|9/3/2015||Q315||$0.41||$0.60||$930.31 million||$930.00 million||View||N/A|
|6/9/2015||Q215||$0.50||$0.53||$984.06 million||$666.60 million||View||N/A|
|3/4/2015||Q115||$0.37||$0.30||$955.10 million||$902.30 million||View||N/A|
|1/14/2015||Q414||$0.77||$0.85||$1.14 billion||$1.05 billion||View||N/A|
|8/27/2014||Q314||$0.84||$0.41||$1.17 billion||$1.16 billion||View||N/A|
|6/4/2014||Q114||$0.68||$0.57||$1.12 billion||$1.10 billion||View||N/A|
|2/26/2014||Q413||$0.56||$0.51||$1.04 billion||$1.03 billion||View||N/A|
|12/11/2013||Q4||$0.83||$0.76||$1.12 billion||$1.13 billion||View||Listen|
|9/4/2013||Q3 2013||$0.89||$0.80||$1.15 billion||$1.13 billion||View||N/A|
|6/5/2013||Q2 2013||$0.69||$0.70||$1.12 billion||$1.09 billion||View||N/A|
|2/27/2013||Q1 2013||$0.53||$0.43||$997.21 million||$1.01 billion||View||N/A|
|12/11/2012||Q4 2012||$0.52||$0.63||$1.10 billion||$1.08 billion||View||N/A|
|8/29/2012||Q312||$0.72||$0.75||$1.11 billion||$1.10 billion||View||N/A|
|12/8/2010||$1.44||$1.51||$972.75 million||$993.90 million||View||N/A|
Earnings Estimates for Greif Bros. Corporation (NYSE:GEF)
2017 EPS Consensus Estimate: $3.20
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Greif Bros. Corporation (NYSE:GEF)
|Most Recent Dividend:||7/1/2017|
|Dividend Growth:||10.10% (3 Year Average)|
|Payout Ratio:||103.07% (Trailing 12 Months of Earnings) |
58.13% (Based on This Year's Estimates)
51.22% (Based on Next Year's Estimates)
Dividend History by Quarter for Greif Bros. Corporation (NYSE GEF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Greif Bros. Corporation (NYSE:GEF)
Insider Ownership Percentage: 16.79%Insider Trades by Quarter for Greif Bros. Corporation (NYSE:GEF)
Institutional Ownership Percentage: 48.84%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/6/2017||Shannon J Diener||Major Shareholder||Buy||5,189||$62.37||$323,637.93|| |
|10/5/2015||Gary R Martz||VP||Sell||4,500||$33.00||$148,500.00|| |
Headline Trends for Greif Bros. Corporation (NYSE:GEF)
Latest Headlines for Greif Bros. Corporation (NYSE:GEF)
|Greif Bros. Corporation (GEF) Given Hold Rating at BMO Capital Markets|
www.americanbankingnews.com - August 17 at 4:20 PM
|Greif, Inc. breached its 50 day moving average in a Bullish Manner : GEF-US : August 15, 2017|
finance.yahoo.com - August 15 at 7:37 PM
|See what the IHS Markit Score report has to say about Greif Inc.|
finance.yahoo.com - August 14 at 7:19 PM
|IHS Markit Score Update: Drop in demand for ETFs holding Greif Inc is a negative sign for its shares|
finance.yahoo.com - August 10 at 11:27 PM
|Greif, Inc. Announces 2017 Third Quarter Earnings Release and Conference Call Date|
finance.yahoo.com - August 10 at 11:27 PM
|Reviewing Greif Bros. Corporation (GEF) & TriMas Corp (TRS)|
www.americanbankingnews.com - August 9 at 8:40 AM
|Greif: Voting Vs. Non-Voting Relative Value Arbitrage|
seekingalpha.com - August 8 at 2:21 AM
|Greif, Inc. breached its 50 day moving average in a Bearish Manner : GEF-US : August 4, 2017|
finance.yahoo.com - August 4 at 7:17 PM
|Crown Holdings (CCK) versus Greif Bros. Corporation (GEF) Head-To-Head Comparison|
www.americanbankingnews.com - August 2 at 7:58 AM
|Greif, Inc. – Value Analysis (NYSE:GEF) : July 31, 2017|
finance.yahoo.com - July 31 at 6:37 PM
|Greif Bros. Corporation (NYSE:GEF) vs. Multi Packaging Solutions Intrntnl (MPSX) Financial Survey|
www.americanbankingnews.com - July 31 at 9:41 AM
|Zacks: Analysts Expect Greif Bros. Corporation (GEF) Will Post Quarterly Sales of $895.48 Million|
www.americanbankingnews.com - July 28 at 7:41 PM
|Greif Bros. Corporation (NYSE:GEF) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - July 28 at 6:29 PM
|Head-To-Head Comparison: Crown Holdings (CCK) versus Greif Bros. Corporation (NYSE:GEF)|
www.americanbankingnews.com - July 26 at 8:30 AM
|Analyzing Multi Packaging Solutions Intrntnl (MPSX) and Greif Bros. Corporation (GEF)|
www.americanbankingnews.com - July 26 at 12:26 AM
|Greif, Inc. breached its 50 day moving average in a Bearish Manner : GEF-US : July 17, 2017|
finance.yahoo.com - July 17 at 10:19 AM
|Greif Bros. Corporation's (GEF) "Hold" Rating Reaffirmed at BMO Capital Markets|
www.americanbankingnews.com - July 16 at 7:32 AM
|Greif (GEF) Up 2.4% Since Earnings Report: Can It Continue?|
finance.yahoo.com - July 10 at 6:57 PM
|Shannon J. Diener Purchases 5,189 Shares of Greif Bros. Corporation (NYSE:GEF) Stock|
www.americanbankingnews.com - July 7 at 8:16 PM
|Greif Bros. Corporation (GEF) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - July 3 at 6:52 PM
|$894.08 Million in Sales Expected for Greif Bros. Corporation (NYSE:GEF) This Quarter|
www.americanbankingnews.com - July 2 at 10:44 AM
| Brokerages Anticipate Greif Bros. Corporation (GEF) to Post $0.84 EPS|
www.americanbankingnews.com - June 30 at 11:16 AM
|Greif can do 'virtually any deal we can find,' execs say at NYSE|
finance.yahoo.com - June 29 at 10:38 PM
|Greif Bros. Corporation (GEF) Downgraded to Sell at BidaskClub|
www.americanbankingnews.com - June 29 at 8:38 PM
|Greif, Inc. Announces Highlights of 2017 Investor Day|
finance.yahoo.com - June 28 at 6:33 PM
|Earnings Highlights and Review: Greif's Quarterly Sales Increased 6%, Adjusted EPS Surged 43%|
finance.yahoo.com - June 27 at 5:37 PM
|Greif (GEF) Poised to Grow, Slowdown in China Remains a Drag|
finance.yahoo.com - June 19 at 12:58 PM
|Greif, Inc. : GEF-US: Dividend Analysis : June 19th, 2017 (record date) : By the numbers : June 19, 2017|
finance.yahoo.com - June 19 at 12:58 PM
|Corporate News Blog - Graphic Packaging Holding Announces Carton Craft Acquisition; Set to Expand its Converting Plant Portfolio in Indiana|
finance.yahoo.com - June 15 at 7:35 PM
|Greif, Inc. Announces Webcast Details for Investor Day on June 28, 2017|
finance.yahoo.com - June 14 at 6:42 PM
|ETFs with exposure to Greif, Inc. : June 13, 2017|
finance.yahoo.com - June 13 at 5:10 PM
|Greif, Inc. :GEF-US: Earnings Analysis: Q2, 2017 By the Numbers : June 12, 2017|
finance.yahoo.com - June 12 at 6:12 PM
|Brokers Issue Forecasts for Greif Bros. Corporation's FY2017 Earnings (GEF)|
www.americanbankingnews.com - June 12 at 7:44 AM
|Bank of America Corporation Reiterates "$60.00" Price Target for Greif Bros. Corporation (GEF)|
www.americanbankingnews.com - June 11 at 11:32 PM
|Greif Bros. Corporation's (GEF) "Outperform" Rating Reaffirmed at Robert W. Baird|
www.americanbankingnews.com - June 11 at 7:40 PM
|Greif Inc. (GEF) Fell To A 3-Week Low After Q2 Miss|
www.rttnews.com - June 9 at 5:50 PM
|Greif, Inc. (GEF) Stock Rating Upgraded by ValuEngine|
www.americanbankingnews.com - June 9 at 3:58 PM
|Greif, Inc. breached its 50 day moving average in a Bearish Manner : GEF-US : June 9, 2017|
finance.yahoo.com - June 9 at 10:14 AM
|KeyCorp Research Analysts Reduce Earnings Estimates for Greif, Inc. (GEF)|
www.americanbankingnews.com - June 9 at 8:00 AM
|Edited Transcript of GEF earnings conference call or presentation 8-Jun-17 12:30pm GMT|
finance.yahoo.com - June 8 at 11:26 PM
|Greif (GEF) Lags Q2 Earnings & Sales Estimates, Trims View|
finance.yahoo.com - June 8 at 6:24 PM
|Financial Comparison: WestRock (WRK) & Greif (GEF)|
www.americanbankingnews.com - June 8 at 2:26 PM
|Greif, Inc. (GEF) Receives "Sell" Rating from KeyCorp|
www.americanbankingnews.com - June 8 at 2:16 PM
|Greif Inc. (GEF) Is Falling After Q2 Profit Disappoints|
www.rttnews.com - June 7 at 9:58 PM
|Greif, Inc. (GEF) Issues Quarterly Earnings Results, Misses Estimates By $0.07 EPS|
www.americanbankingnews.com - June 7 at 9:20 PM
|Greif, Inc. (GEF) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - June 7 at 5:26 PM
|Greif, Inc. (GEF) Declares $0.42 Quarterly Dividend|
www.americanbankingnews.com - June 7 at 4:58 PM
|Greif Reports Second Quarter 2017 Results|
finance.yahoo.com - June 7 at 4:53 PM
|Greif misses Street 2Q forecasts|
finance.yahoo.com - June 7 at 4:53 PM
|Greif posts 2Q profit|
finance.yahoo.com - June 7 at 4:53 PM
Greif Bros. Corporation (GEF) Chart for Thursday, August, 17, 2017