NYSE:GEFGreif Stock Price, Forecast & News

$38.01

+2.08 (+5.79 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$35.06

Now: $38.01▼

$39.60

50-Day Range

$28.25

MA: $31.68▼

$35.80

52-Week Range

$23.65

Now: $38.01▼

$50.37

Volume503,053 shs

Average Volume249,665 shs

Market Capitalization$1.83 billion

P/E Ratio12.97

Dividend Yield4.90%

Beta1.13

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.

Beat the Market (BTM) Rank^™

0.8 Analyst's Opinion

Consensus Rating
Greif has received a consensus rating of Hold. The company's average rating score is 1.60, and is based on 1 buy rating, 1 hold rating, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.40, Greif has a potential downside of 6.9% from its current price of $38.01.
Amount of Analyst Coverage
Greif has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Greif has received 241 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Greif has received 382 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Greif has received 61.32% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Greif is a leading dividend payer. It pays a dividend yield of 4.90%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Greif has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Greif is 44.44 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Greif will have a dividend payout ratio of 49.03 % next year. This indicates that Greif will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greif insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 13.57% of the stock of Greif is held by insiders.
Percentage Held by Institutions
48.00% of the stock of Greif is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Greif are expected to grow by 3.76% in the coming year, from $3.46 to $3.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Greif is 12.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.46.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greif is 12.97, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.06.
Price to Earnings Growth Ratio
Greif has a PEG Ratio of 0.98. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Greif has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.91 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Metal barrels, drums, & pails

Sub-IndustryMetal & Glass Containers

SectorIndustrial Products

Current SymbolNYSE:GEF

Previous Symbol

CUSIP39762410

CIK43920

Webwww.greif.com

Phone740-549-6000

Debt

Debt-to-Equity Ratio2.45

Current Ratio1.59

Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio12.97

Forward P/E Ratio10.99

P/E Growth0.98

Sales & Book Value

Annual Sales$4.60 billion

Price / Sales0.40

Cash Flow$10.22 per share

Price / Cash Flow3.72

Book Value$24.68 per share

Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)$3.96

Net Income$171 million

Net Margins3.61%

Return on Equity19.77%

Return on Assets4.21%

Miscellaneous

Employees17,000

Outstanding Shares48,267,000

Market Cap$1.83 billion

Next Earnings Date8/26/2020 (Estimated)

OptionableOptionable

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Greif (NYSE:GEF) Frequently Asked Questions

How has Greif's stock been impacted by COVID-19 (Coronavirus)?

Greif's stock was trading at $27.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GEF shares have increased by 37.2% and is now trading at $38.01. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Greif?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greif in the last year. There are currently 3 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Greif.

When is Greif's next earnings date?

Greif is scheduled to release its next quarterly earnings announcement on Wednesday, August 26th 2020. View our earnings forecast for Greif.

How were Greif's earnings last quarter?

Greif, Inc. (NYSE:GEF) announced its earnings results on Wednesday, June, 3rd. The industrial products company reported $0.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.75 by $0.20. The industrial products company earned $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. Greif had a return on equity of 19.77% and a net margin of 3.61%. The firm's revenue was down 4.5% on a year-over-year basis. During the same period last year, the company earned $0.81 EPS. View Greif's earnings history.

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

Greif declared a quarterly dividend on Wednesday, June 3rd. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.44 per share on Wednesday, July 1st. This represents a $1.76 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date of this dividend is Wednesday, June 17th. View Greif's dividend history.

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

Greif issued an update on its FY20 earnings guidance on Tuesday, March, 17th. The company provided EPS guidance of $3.55-3.91 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.63.

What price target have analysts set for GEF?

5 Wall Street analysts have issued 12-month target prices for Greif's stock. Their forecasts range from $26.00 to $42.00. On average, they anticipate Greif's stock price to reach $35.40 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for Greif.

Has Greif been receiving favorable news coverage?

News stories about GEF stock have been trending negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Greif earned a daily sentiment score of -2.7 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutGreif.

Who are some of Greif's key competitors?

Some companies that are related to Greif include Ball (BLL), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Silgan (SLGN), Owens-Illinois (OI) and Myers Industries (MYE). View all 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 Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), AbbVie (ABBV), AMC Entertainment (AMC), Comcast (CMCSA), American Eagle Outfitters (AEO), Advanced Micro Devices (AMD), Apollo Global Management (APO) and Antero Resources (AR).

Who are Greif's key executives?

Greif's management team includes the following 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)

What is Greif's stock symbol?

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

Who are Greif's major shareholders?

Greif's stock is owned by many different retail and institutional investors. Top institutional shareholders include Fuller & Thaler Asset Management Inc. (2.22%), Gamco Investors INC. ET AL (1.62%), Investment Counselors of Maryland LLC (0.92%), Deprince Race & Zollo Inc. (0.90%), Pictet Asset Management Ltd. (0.75%) and Grantham Mayo Van Otterloo & Co. LLC (0.59%). Company insiders that own Greif stock include Gary R Martz, Hari K Kumar, Lawrence A Hilsheimer, Mark A Emkes, Ole G Rosgaard, Peter G Watson and Timothy Bergwall. 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 Invesco Ltd., WBI Investments Inc., Pictet Asset Management Ltd., AQR Capital Management LLC, AXA, Principal Financial Group Inc., Squarepoint Ops LLC, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Greif.

Which major investors are buying Greif stock?

GEF stock was bought by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Mackenzie Financial Corp, Matarin Capital Management LLC, Aperio Group LLC, Hancock Whitney Corp, AMG National Trust Bank, Fuller & Thaler Asset Management Inc., and Balyasny Asset Management LLC. Company insiders that have bought Greif stock in the last two years include Gary R Martz, Hari K Kumar, Lawrence A Hilsheimer, Mark A Emkes, Ole G Rosgaard, Peter G Watson, and Timothy Bergwall. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Greif's stock price today?

One share of GEF stock can currently be purchased for approximately $38.01.

How big of a company is Greif?

Greif has a market capitalization of $1.83 billion and generates $4.60 billion in revenue each year. The industrial products company earns $171 million in net income (profit) each year or $3.96 on an earnings per share basis. Greif employs 17,000 workers across the globe.

What is Greif's official website?

The official website for Greif is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff