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: $2.75 billion
- Outstanding Shares: 47,843,000
- 50 Day Moving Avg: $56.99
- 200 Day Moving Avg: $56.42
- 52 Week Range: $45.54 - $63.04
Sales & Book Value:
- Trailing P/E Ratio: 29.63
- Foreward P/E Ratio: 16.99
- P/E Growth: 2.29
- Annual Revenue: $3.54 billion
- Price / Sales: 0.78
- Book Value: $21.58 per share
- Price / Book: 2.67
- Annual Dividend: $1.68
- Dividend Yield: 2.9%
- EBIDTA: $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: 198,738 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 announced a quarterly dividend on Wednesday, August 30th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.42 per share on Sunday, October 1st. This represents a $1.68 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date 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) announced its quarterly earnings data on Wednesday, August, 30th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.01. The firm had revenue of $961.80 million for the quarter, compared to analysts' expectations of $901.76 million. Greif Bros. Corporation had a return on equity of 15.49% and a net margin of 2.65%. The firm's revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 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 issued an update on its FY17 earnings guidance on Wednesday, August, 30th. The company provided earnings per share guidance of $2.81-2.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.88.
Where is Greif Bros. Corporation's stock going? Where will Greif Bros. Corporation's stock price be in 2017?
7 brokerages have issued 1-year price objectives for Greif Bros. Corporation's shares. Their predictions range from $47.00 to $66.00. On average, they expect Greif Bros. Corporation's share price to reach $57.00 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. 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. 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)
- 4. 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 Flowserve Corporation (FLS), Metso Oyj (MXCYY), Reliance Steel & Aluminum Co. (RS), AptarGroup (ATR), Colfax Corporation (CFX), Ardagh Group S.A. (ARD), Sonoco Products Company (SON), Bemis Company (BMS), MSC Industrial Direct Company (MSM), Graphic Packaging Holding Company (GPK), Terex Corporation (TEX), Owens-Illinois (OI), Timken Company (The) (TKR), Barnes Group (B), Regal Beloit Corporation (RBC), Valmont Industries (VMI), Belden (BDC) 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 many different of retail and institutional 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 $57.58.
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 (1.01% downside)|
Analysts' Ratings History for Greif Bros. Corporation (NYSE:GEF)
(Data available from 9/19/2015 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)
|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: 16.37%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)
|Greif Bros. Corporation (GEF) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - September 16 at 6:46 PM
|IBD Rating Upgrades: Greif Shows Improved Technical Strength|
finance.yahoo.com - September 15 at 12:39 AM
|ETFs with exposure to Greif, Inc. : September 7, 2017|
finance.yahoo.com - September 7 at 7:09 PM
|Greif Shows Improved Relative Price Performance; Still Shy Of Benchmark|
finance.yahoo.com - September 6 at 6:55 PM
|Comparing Greif Bros. Corporation (GEF) & Bemis (BMS)|
www.americanbankingnews.com - September 6 at 2:08 AM
|Greif, Inc. :GEF-US: Earnings Analysis: Q3, 2017 By the Numbers : September 5, 2017|
finance.yahoo.com - September 6 at 1:00 AM
|Greif Bros. Corporation (GEF) Stock Rating Lowered by Bank of America Corporation|
www.americanbankingnews.com - September 4 at 4:32 PM
|Greif Bros. Corporation (GEF) Rating Reiterated by Robert W. Baird|
www.americanbankingnews.com - September 4 at 1:16 PM
|FY2017 Earnings Estimate for Greif Bros. Corporation (GEF) Issued By DA Davidson|
www.americanbankingnews.com - September 4 at 3:24 AM
| Analysts Expect Greif Bros. Corporation (GEF) Will Post Quarterly Sales of $925.48 Million|
www.americanbankingnews.com - September 2 at 1:18 AM
|Edited Transcript of GEF earnings conference call or presentation 31-Aug-17 12:30pm GMT|
finance.yahoo.com - August 31 at 11:53 PM
|Zacks: Brokerages Anticipate Greif Bros. Corporation (GEF) to Announce $0.92 Earnings Per Share|
www.americanbankingnews.com - August 31 at 10:30 PM
|Investor Network: Greif Class B to Host Earnings Call|
finance.yahoo.com - August 31 at 6:51 PM
|Greif (GEF) Tops Q3 Earnings & Sales, Trims FY17 EPS View|
finance.yahoo.com - August 31 at 6:51 PM
|Greif Reports Third Quarter 2017 Results|
finance.yahoo.com - August 31 at 3:41 AM
|Greif tops Street 3Q forecasts|
finance.yahoo.com - August 31 at 3:41 AM
|Greif posts 3Q profit|
finance.yahoo.com - August 31 at 3:41 AM
|Greif Bros. Corporation (GEF) Issues Earnings Results|
www.americanbankingnews.com - August 30 at 5:58 PM
|Greif Bros. Corporation (GEF) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - August 30 at 5:38 PM
|Greif Bros. Corporation Declares Quarterly Dividend of $0.42 (GEF)|
www.americanbankingnews.com - August 30 at 4:48 PM
|Greif, Inc. Declares Third Quarter 2017 Dividends|
finance.yahoo.com - August 29 at 7:29 PM
|Greif Bros. Corporation (GEF) vs. Bemis (BMS) Head-To-Head Analysis|
www.americanbankingnews.com - August 23 at 4:40 PM
|Greif Bros. Corporation (GEF) Set to Announce Earnings on Wednesday|
www.americanbankingnews.com - August 23 at 2:24 AM
|Greif Bros. Corporation (GEF) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - August 22 at 9:06 PM
|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 Bros. Corporation (GEF) Chart for Tuesday, September, 19, 2017