Greif Stock Price, News & Analysis (NYSE:GEF)

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greif in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GEF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GEF, but not buy additional shares or sell existing shares.
View GEF analyst ratings or view top-rated stocks.

3 brokers have issued twelve-month price targets for Greif's stock. Their GEF share price targets range from $67.00 to $94.00. On average, they expect the company's share price to reach $76.67 in the next year. This suggests a possible upside of 13.1% from the stock's current price.
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Greif's stock was trading at $67.06 at the beginning of the year. Since then, GEF stock has increased by 1.1% and is now trading at $67.77.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
View our GEF earnings forecast.

Greif will be holding an earnings conference call on Thursday, December 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Greif, Inc. (NYSE:GEF) announced its earnings results on Thursday, August, 31st. The industrial products company reported $1.75 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.21. The industrial products company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.39 billion. Greif had a net margin of 7.23% and a trailing twelve-month return on equity of 19.88%. The business's revenue for the quarter was down 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.35 earnings per share.

Greif declared a quarterly dividend on Tuesday, August 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.52 per share on Sunday, October 1st. This represents a $2.08 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of $0.50.
Read our dividend analysis for GEF.

Greif (NYSE:GEF) pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.09%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEF will have a dividend payout ratio of 35.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GEF.

ETFs with the largest weight of Greif (NYSE:GEF) stock in their portfolio include Freedom Day Dividend ETF (MBOX), Invesco S&P MidCap Value with Momentum ETF (XMVM), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Cambria Shareholder Yield ETF (SYLD), Invesco S&P MidCap 400 Pure Value ETF (RFV), Hartford Multifactor Small Cap ETF (ROSC), WisdomTree U.S. SmallCap Dividend Fund (DES) and Royce Quant Small-Cap Quality Value ETF (SQLV).

8 employees have rated Greif Chief Executive Officer Peter Watson on Glassdoor.com. Peter Watson has an approval rating of 100% among the company's employees. This puts Peter Watson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Greif investors own include Bank of America (BAC), Advanced Micro Devices (AMD), Intel (INTC), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Fossil Group (FOSL), Micron Technology (MU), American Eagle Outfitters (AEO), Broadcom (AVGO) and Ciena (CIEN).

Greif's stock is owned by a number of institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (2.63%), LSV Asset Management (2.39%), Gamco Investors INC. ET AL (1.06%), William Blair Investment Management LLC (1.00%), AQR Capital Management LLC (0.86%) and Charles Schwab Investment Management Inc. (0.84%). Insiders that own company stock include Bala Sathyanarayanan, Gary R Martz, Gary R Martz, Lawrence A Hilsheimer, Mark A Emkes, Nicholas Joseph Petitti, Patrick Gerard Mullaney, Timothy Bergwall, Tina R Schoner and Vicki L Avril-Groves.
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Shares of GEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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