NYSE:GEF - Greif Stock Price, News, & Analysis

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$41.32 +1.08 (+2.68 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$40.24
Today's Range$40.57 - $41.61
52-Week Range$31.80 - $62.75
Volume265,300 shs
Average Volume235,572 shs
Market Capitalization$1.98 billion
P/E Ratio11.71
Dividend Yield4.37%
Beta1.51
Greif, Inc. produces and sells industrial packaging products and services worldwide. It operates through four segments: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. The Rigid Industrial Packaging & Services segment offers rigid industrial packaging products, including steel, fiber, and plastic drums; rigid intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and services, such as container life cycle management, filling, logistics, warehousing, and other packaging services. This segment sells its products to customers in the chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agricultural, pharmaceutical and mineral products, and others industries. The Paper Packaging & Services segment provides containerboards, corrugated sheets, corrugated containers, and other corrugated products to customers in the packaging, automotive, food, and building products industries. This segment's corrugated container products are used to ship various products, such as home appliances, small machinery, grocery products, automotive components, books, and furniture, as well as various other applications. The Flexible Products & Services segment offers flexible intermediate bulk containers comprising polypropylene-based woven fabric, as well as related services to the agricultural, food, and other industries. The Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use land. As of October 31, 2018, this segment owned approximately 243,000 acres of timber property in the southeastern United States. The company was formerly known as Greif Bros. Corporation and changed its name to Greif, Inc. in 2001. Greif, Inc. was founded in 1877 and is headquartered in Delaware, Ohio.

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Industry, Sector and Symbol

Industry Metal barrels, drums, & pails
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
CUSIP39762410
Phone740-549-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.87 billion
Cash Flow$7.1119 per share
Book Value$24.07 per share

Profitability

Net Income$209.40 million

Miscellaneous

Employees13,000
Market Cap$1.98 billion
Next Earnings Date2/27/2019 (Confirmed)
OptionableOptionable

Greif (NYSE:GEF) Frequently Asked Questions

What is Greif's stock symbol?

Greif trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEF."

How often does Greif pay dividends? What is the dividend yield for Greif?

Greif declared a quarterly dividend on Tuesday, December 4th. Shareholders of record on Tuesday, December 18th will be given a dividend of $0.44 per share on Tuesday, January 1st. This represents a $1.76 annualized dividend and a yield of 4.26%. The ex-dividend date is Monday, December 17th. View Greif's Dividend History.

How were Greif's earnings last quarter?

Greif, Inc. (NYSE:GEF) released its quarterly earnings data on Wednesday, December, 5th. The industrial products company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.19 by $0.11. The industrial products company earned $987.70 million during the quarter, compared to analysts' expectations of $1.02 billion. Greif had a return on equity of 18.24% and a net margin of 5.41%. View Greif's Earnings History.

When is Greif's next earnings date?

Greif is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Greif.

What guidance has Greif issued on next quarter's earnings?

Greif updated its FY18 earnings guidance on Thursday, December, 6th. The company provided EPS guidance of $3.55-3.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.62.

What price target have analysts set for GEF?

5 equities research analysts have issued 1 year price targets for Greif's shares. Their predictions range from $31.00 to $55.00. On average, they expect Greif's share price to reach $39.65 in the next year. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Greif.

What is the consensus analysts' recommendation for Greif?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greif in the last year. There are currently 3 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Greif.

What are Wall Street analysts saying about Greif stock?

Here are some recent quotes from research analysts about Greif stock:
  • 1. KeyCorp analysts commented, "We are maintaining our estimates and will update them when the deal closes; we are reducing our price target from $40 to $31 to reflect these added risks. Our downwardly revised price target implies a ~6x EBITDA multiple on a pro forma basis, which we consider reasonable given all the risks; the implied pro forma multiple compares to the stock’s 10-yr. average of 6.8x. Compared to the last 10 years, GEF will be much more levered than normal (see chart below), and we may well be at the tail end of the economic cycle, both of which warrant a lower than average multiple in our view. We also note that not only is the acquired Caraustar business likely earning all-time high margins, but GEF’s current paper packaging business is definitely earning all-time high margins; these things tend to happen at the peak of an economic cycle." (12/20/2018)
  • 2. According to Zacks Investment Research, "Greif expects its adjusted earnings per share for fiscal 2018 to be $3.53-$3.69. The company maintained capital expenditure outlook of $120-$140 million for the fiscal. Greif’s performance will be impacted by affected by the strengthening of U.S. dollar and weak agricultural sales. Further, transportation tightness in North America is impacting its in-transit inventory levels. Thus, elevated transportation costs are anticipated to remain a headwind for Greif’s Rigid Industrial Packaging & Services and Paper Packaging & Services segments. Further, the company continues to experience competitive market conditions in China. The stock has underperformed the industry over the past six months. " (12/3/2018)

Has Greif been receiving favorable news coverage?

Media headlines about GEF stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Greif earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Greif's key competitors?

What other stocks do shareholders of Greif own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Greif investors own include Fossil Group (FOSL), Intelsat (I), Bank of America (BAC), First Data (FDC), Chaarat Gold (CGH), Apollo Global Management (APO), Builders FirstSource (BLDR), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and Teck Resources (TECK).

Who are Greif's key executives?

Greif's management team includes the folowing people:
  • Mr. Peter G. Watson, Pres, CEO & Director (Age 62)
  • Mr. Lawrence Allen Hilsheimer, Exec. VP & CFO (Age 61)
  • Mr. Gary R. Martz, Exec. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Michael Francis Cronin, Sr. VP & Group Pres of Rigid Industrial Packaging & Services - EMEA & APAC and GPA (Age 61)
  • Mr. Ole G. Rosgaard, Sr. VP and Group Pres of RIPS Americas & Global Sustainability (Age 55)

Who are Greif's major shareholders?

Greif's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (1.86%), Prudential Financial Inc. (1.27%), Deprince Race & Zollo Inc. (0.90%), Investment Counselors of Maryland LLC (0.87%), LSV Asset Management (0.61%) and United Services Automobile Association (0.56%). Company insiders that own Greif stock include Gary R Martz, Hari K Kumar, Lawrence A Hilsheimer, Ole G Rosgaard, Peter G Watson and Shannon J Diener. View Institutional Ownership Trends for Greif.

Which major investors are selling Greif stock?

GEF stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Foresters Investment Management Company Inc., Prudential Financial Inc., FNY Investment Advisers LLC, First Trust Advisors LP, Barrow Hanley Mewhinney & Strauss LLC, D. E. Shaw & Co. Inc. and Martingale Asset Management L P. View Insider Buying and Selling for Greif.

Which major investors are buying Greif stock?

GEF stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Millennium Management LLC, Deprince Race & Zollo Inc., Brandywine Global Investment Management LLC, Alambic Investment Management L.P., Mondrian Investment Partners LTD, GAM Holding AG and Chicago Equity Partners LLC. Company insiders that have bought Greif stock in the last two years include Gary R Martz, Hari K Kumar, Lawrence A Hilsheimer, Ole G Rosgaard, Peter G Watson and Shannon J Diener. View Insider Buying and Selling for Greif.

How do I buy shares of Greif?

Shares of GEF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Greif's stock price today?

One share of GEF stock can currently be purchased for approximately $41.32.

How big of a company is Greif?

Greif has a market capitalization of $1.98 billion and generates $3.87 billion in revenue each year. The industrial products company earns $209.40 million in net income (profit) each year or $3.53 on an earnings per share basis. Greif employs 13,000 workers across the globe.

What is Greif's official website?

The official website for Greif is http://www.greif.com.

How can I contact Greif?

Greif's mailing address is 425 WINTER ROAD, DELAWARE OH, 43015. The industrial products company can be reached via phone at 740-549-6000 or via email at [email protected]


MarketBeat Community Rating for Greif (NYSE GEF)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  538
MarketBeat's community ratings are surveys of what our community members think about Greif and other stocks. Vote "Outperform" if you believe GEF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GEF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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