Greif Bros. Corporation Company Profile (NYSE:GEF)

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

Greif Bros. Corporation declared a quarterly dividend on Wednesday, August 30th. Investors 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 annualized dividend and a yield of 2.92%. The ex-dividend date is Friday, September 15th. View Greif Bros. Corporation's Dividend History.

Greif Bros. Corporation (NYSE:GEF) issued its quarterly earnings data on Wednesday, August, 30th. The company reported $0.85 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.01. The firm earned $961.80 million during the quarter, compared to analysts' expectations of $901.76 million. Greif Bros. Corporation had a net margin of 2.65% and a return on equity of 15.49%. The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 EPS. View Greif Bros. Corporation's Earnings History.

Greif Bros. Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, December, 6th 2017. View Earnings Estimates for Greif Bros. Corporation.

Greif Bros. Corporation issued an update on its FY17 earnings guidance on Wednesday, August, 30th. The company provided EPS guidance of $2.81-2.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.88.

7 brokers have issued 1 year target prices for Greif Bros. Corporation's shares. Their forecasts range from $47.00 to $66.00. On average, they expect Greif Bros. Corporation's share price to reach $57.00 in the next twelve months. View Analyst Ratings for Greif Bros. Corporation.

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)

Some companies that are related to Greif Bros. Corporation include Flowserve Corporation (FLS), Metso Oyj (MXCYY), AptarGroup (ATR), Reliance Steel & Aluminum Co. (RS), Colfax Corporation (CFX), Sonoco Products Company (SON), Bemis Company (BMS), MSC Industrial Direct Company (MSM), Graphic Packaging Holding Company (GPK), Owens-Illinois (OI), Terex Corporation (TEX), Barnes Group (B), Regal Beloit Corporation (RBC), Worthington Industries (WOR), Silgan Holdings (SLGN), Manitowoc Food Service (WBT), Kennametal (KMT) and John Bean Technologies Corporation (JBT).

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

Greif Bros. Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors 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.

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.

Greif Bros. Corporation's stock was bought 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.

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.

One share of Greif Bros. Corporation stock can currently be purchased for approximately $57.58.