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NYSE:GEF

Greif (GEF) Stock Price, News & Analysis

$64.74
+0.84 (+1.31%)
(As of 05/20/2024 ET)
Today's Range
$63.56
$65.23
50-Day Range
$60.75
$69.10
52-Week Range
$59.37
$76.00
Volume
181,853 shs
Average Volume
119,496 shs
Market Capitalization
$3.05 billion
P/E Ratio
11.20
Dividend Yield
3.21%
Price Target
$77.25

Greif MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.3% Upside
$77.25 Price Target
Short Interest
Healthy
2.20% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$2.86 M Bought Last Quarter
Proj. Earnings Growth
29.50%
From $4.00 to $5.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Industrial Products Sector

45th out of 168 stocks

Metal Barrels, Drums, & Pails Industry

1st out of 1 stocks

GEF stock logo

About Greif Stock (NYSE:GEF)

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. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. 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 Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties 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.

GEF Stock Price History

GEF Stock News Headlines

Greif (NYSE:GEF) Shares Pass Above 200 Day Moving Average of $64.64
Greif, Inc. (GEF)
Greif, Inc. (GEF) Q1 2024 Earnings Call Transcript
Greif (NYSE:GEF) Will Pay A Dividend Of $0.52
Greif Reports First Quarter 2024 Results
Greif, Inc. Declares Quarterly Dividend
Greif Inc. Cl A
Greif Stock (NYSE:GEF) Insider Trades
GEF Mar 2024 90.000 call
Is There Now An Opportunity In Greif, Inc. (NYSE:GEF)?
Greif Full Year 2023 Earnings: EPS Misses Expectations
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 4/1 Dividend
3/15/2024
Dividend Payable
4/01/2024
Today
5/21/2024
Next Earnings (Confirmed)
6/05/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Metal barrels, drums, & pails
Sub-Industry
Metal & Glass Containers
CUSIP
39762410
Employees
12,000
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$77.25
High Stock Price Target
$94.00
Low Stock Price Target
$69.00
Potential Upside/Downside
+19.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$359.20 million
Pretax Margin
7.76%

Debt

Sales & Book Value

Annual Sales
$5.22 billion
Cash Flow
$12.74 per share
Book Value
$42.44 per share

Miscellaneous

Free Float
45,674,000
Market Cap
$3.05 billion
Optionable
Optionable
Beta
0.91

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GEF Stock Analysis - Frequently Asked Questions

Should I buy or sell Greif stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greif in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GEF shares.
View GEF analyst ratings
or view top-rated stocks.

What is Greif's stock price target for 2024?

4 Wall Street research analysts have issued 1-year price targets for Greif's stock. Their GEF share price targets range from $69.00 to $94.00. On average, they anticipate the company's share price to reach $77.25 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price.
View analysts price targets for GEF
or view top-rated stocks among Wall Street analysts.

How have GEF shares performed in 2024?

Greif's stock was trading at $65.59 at the beginning of 2024. Since then, GEF stock has decreased by 1.3% and is now trading at $64.74.
View the best growth stocks for 2024 here
.

Are investors shorting Greif?

Greif saw a decline in short interest in April. As of April 30th, there was short interest totaling 545,600 shares, a decline of 11.1% from the April 15th total of 613,600 shares. Based on an average daily volume of 179,800 shares, the short-interest ratio is currently 3.0 days. Approximately 2.2% of the shares of the stock are sold short.
View Greif's Short Interest
.

When is Greif's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our GEF earnings forecast
.

How can I listen to Greif's earnings call?

Greif will be holding an earnings conference call on Thursday, June 6th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Greif's earnings last quarter?

Greif, Inc. (NYSE:GEF) posted its quarterly earnings data on Wednesday, February, 28th. The industrial products company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $1.07. The industrial products company earned $1.21 billion during the quarter, compared to the consensus estimate of $1.26 billion. Greif had a net margin of 6.53% and a trailing twelve-month return on equity of 18.65%. Greif's revenue for the quarter was down 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.06 earnings per share.

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

Greif declared a quarterly dividend on Monday, February 26th. Shareholders of record on Monday, March 18th will be paid a dividend of $0.52 per share on Monday, April 1st. This represents a $2.08 annualized dividend and a dividend yield of 3.21%. The ex-dividend date of this dividend is Friday, March 15th.
Read our dividend analysis for GEF
.

Is Greif a good dividend stock?

Greif (NYSE:GEF) pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.26%. 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 35.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEF will have a dividend payout ratio of 40.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GEF.

What is Peter Watson's approval rating as Greif's CEO?

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.

What other stocks do shareholders of Greif own?

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).

Who are Greif's major shareholders?

Greif's stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (2.08%), Gamco Investors INC. ET AL (1.05%), William Blair Investment Management LLC (0.98%), Private Management Group Inc. (0.43%), Assenagon Asset Management S.A. (0.29%) and Principal Financial Group Inc. (0.22%). Insiders that own company stock include Anthony John Krabill, Bala Sathyanarayanan, Gary R Martz, Lawrence A Hilsheimer, Mark A Emkes, Nicholas Joseph Petitti, Ole G Rosgaard, Patrick Gerard Mullaney, Timothy Bergwall, Tina R Schoner and Vicki L Avril-Groves.
View institutional ownership trends
.

How do I buy shares of Greif?

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

Does Greif have any subsidiaries?
The following companies are subsidiares of Greif: Box Board Products Inc., Caraustar Industrial and Consumer Products Group Inc., Caraustar Industries Inc., Caraustar Mill Group Inc., Caraustar Recovered Fiber Group Inc., Container Life Cycle Management LLC, CorrChoice (PA) LLC, Delta Petroleum Company, Delta Petroleum Company Inc., Ennis Containers Inc., Greif (Shanghai) Packaging Co. Ltd., Greif (Taicang) Packaging Co. Ltd., Greif Argentina S.A., Greif Beheer BV, Greif Belgium BVBA, Greif Eastern Packaging Pte. Ltd., Greif Embalagens Industrialis Do Brasil Ltda, Greif Flexibles Benelux B.V., Greif Flexibles France SARL, Greif Flexibles Germany GmbH & Co. KG, Greif Flexibles Romania SRL, Greif Flexibles USA Inc., Greif France SAS, Greif International Holding BV, Greif Italy SRL, Greif Mexico S.A. de C.V., Greif Netherland B.V., Greif Packaging Germany GmbH, Greif Packaging LLC, Greif Packaging Plastics GmbH, Greif Packaging Spain S.L., Greif Perm LLC, Greif Poland Sp zoo, Greif Portugal S.A., Greif Saudi Arabia Ltd., Greif South Africa Pty Ltd, Greif Sweden AB, Greif Tholu B.V., Greif UK Ltd., Greif Vologda LLC, Hannells AS, Pachmas Packaging Ltd, Petro-Summit Mechanical Co. Ltd., Soterra LLC, Storsack Group, Tama Paperboard LLC, The Newark Group Inc., and pack2pack Group N.V..
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This page (NYSE:GEF) was last updated on 5/21/2024 by MarketBeat.com Staff

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