About Greif Bros. Corporation (NYSE:GEF)
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
- Sub-Industry: Metal & Glass Containers
- Symbol: NYSE:GEF
- CUSIP: 39762410
- Web: www.greif.com
- Market Cap: $1.46 billion
- Outstanding Shares: 25,835,000
- 50 Day Moving Avg: $57.71
- 200 Day Moving Avg: $56.92
- 52 Week Range: $45.54 - $63.04
Sales & Book Value:
- Trailing P/E Ratio: 28.83
- Foreward P/E Ratio: 16.69
- P/E Growth: 2.25
- Annual Revenue: $3.54 billion
- Price / Sales: 0.41
- Book Value: $21.58 per share
- Price / Book: 2.62
- Annual Dividend: $1.68
- Dividend Yield: 3.0%
- EBITDA: $459.5 million
- Net Margins: 2.65%
- Return on Equity: 15.49%
- Return on Assets: 4.74%
- Debt-to-Equity Ratio: 0.99%
- Current Ratio: 1.56%
- Quick Ratio: 1.10%
- Average Volume: 208,897 shs.
- Beta: 1.35
- 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 declared a quarterly dividend on Wednesday, August 30th. Stockholders of record on Monday, September 18th will be given a dividend of $0.42 per share on Sunday, October 1st. This represents a $1.68 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend is Friday, September 15th. View Greif Bros. Corporation's Dividend History.
How were Greif Bros. Corporation's earnings last quarter?
Greif Bros. Corporation (NYSE:GEF) released its earnings results on Wednesday, August, 30th. The company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. The business had revenue of $961.80 million for the quarter, compared to the consensus estimate of $901.76 million. Greif Bros. Corporation had a net margin of 2.65% and a return on equity of 15.49%. The business's revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.91 EPS. 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 issued an update on its FY17 earnings guidance on Wednesday, August, 30th. The company provided earnings per share (EPS) guidance of $2.81-2.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.88.
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 targets for Greif Bros. Corporation's stock. Their predictions range from $47.00 to $66.00. On average, they expect Greif Bros. Corporation's stock price to reach $57.00 in the next twelve months. 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. Robert W. Baird analysts commented, "PANW finished FY17 with robust 4Q results, exceeding consensus estimates across the board including revenue, operating margins, EPS, billings, and CFFO. The strong results were driven by improved productivity and continued progress with PANW’s sales-force reorganization initiatives as well as strong sales of its new appliances (PA-5200, PA-800, PA-220), which debuted in F3Q. PANW’s CFO, Steffan Tomlinson, announced he was retiring and will stay on board until his new successor’s announcement as a search process is initiated—we expect a smooth transition. PANW is entering FY18 following the announcements of many new innovative solutions, including its unique Application Framework (GA in early CY18) Traps 4.0, and GlobalProtect. We believe PANW’s strong quarter and new product traction set a positive tone as FY18 unfolds." (9/1/2017)
- 2. KeyCorp analysts commented, "We are below guidance on both FY17 adj. EPS and FCF." (6/8/2017)
- 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 Worthington Industries (WOR), Tetra Tech (TTEK), II-VI Incorporated (IIVI), Rexnord Corporation (RXN), Applied Industrial Technologies (AIT), SiteOne Landscape Supply (SITE), Alarm.com Holdings (ALRM), Proto Labs (PRLB), Franklin Electric Co. (FELE), iRobot Corporation (IRBT), Mueller Industries (MLI), Brady Corporation (BRC), Mueller Water Products (MWA), Albany International Corporation (AIN), SPX FLOW (FLOW), Harsco Corporation (HSC), EnPro Industries (NPO) and Kaiser Aluminum Corporation (KALU).
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
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 $56.57.
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, 3 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$57.00 (0.76% upside)|Consensus Price Target History for Greif Bros. Corporation (NYSE:GEF)
Analysts' Ratings History for Greif Bros. Corporation (NYSE:GEF)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/1/2017||Robert W. Baird||Reiterated Rating||Buy||$66.00||High|
|9/1/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$60.45 -> $63.00||High|
|8/17/2017||BMO Capital Markets||Reiterated Rating||Hold||$55.00||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|
|8/30/2017||Q3 2017||$0.84||$0.85||$901.76 million||$961.80 million||View||N/A|
|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:||10/1/2017|
|Dividend Growth:||10.10% (3 Year Average)|
|Payout Ratio:||105.66% (Trailing 12 Months of Earnings) |
58.54% (Based on This Year's Estimates)
49.56% (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: 47.83%
(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)
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Greif Bros. Corporation (GEF) Chart for Monday, October, 23, 2017