Greif, Inc. produces and sells industrial packaging products and services worldwide. It operates in 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, 2017, this segment owned 245,000 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal barrels, drums, & pails
Sub-IndustryMetal & Glass Containers
SectorIndustrial Products
Current SymbolNYSE:GEF
Previous Symbol
CUSIP39762410
Phone740-549-6000
Debt
Debt-to-Equity Ratio0.88
Current Ratio1.58
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio17.32
Forward P/E Ratio14.19
P/E Growth1.52
Sales & Book Value
Annual Sales$3.64 billion
Price / Sales0.67
Cash Flow$6.11 per share
Price / Cash8.36
Book Value$21.90 per share
Price / Book2.33
Profitability
EPS (Most Recent Fiscal Year)$2.95
Net Income$118.60 million
Net Margins5.26%
Return on Equity18.10%
Return on Assets6.11%
Miscellaneous
Employees13,000
Outstanding Shares47,950,000
Market Cap$2.46 billion
OptionableOptionable
Greif (NYSE:GEF) Frequently Asked Questions
What is Greif's stock symbol?
Greif trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEF."
How often does Greif pay dividends? What is the dividend yield for Greif?
Greif announced a quarterly dividend on Wednesday, August 29th. Stockholders of record on Monday, September 17th will be paid a dividend of $0.44 per share on Monday, October 1st. This represents a $1.76 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, September 14th. This is a positive change from Greif's previous quarterly dividend of $0.42. View Greif's Dividend History.
How were Greif's earnings last quarter?
Greif, Inc. (NYSE:GEF) announced its quarterly earnings data on Wednesday, August, 29th. The industrial products company reported $1.20 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.12. The industrial products company earned $1.01 billion during the quarter, compared to analysts' expectations of $1.04 billion. Greif had a return on equity of 18.10% and a net margin of 5.26%. The firm's revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.85 EPS. View Greif's Earnings History.
When is Greif's next earnings date?
How can I listen to Greif's earnings call?
Greif will be holding an earnings conference call on Thursday, December 6th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8332318265.
What guidance has Greif issued on next quarter's earnings?
Greif issued an update on its FY18 earnings guidance on Wednesday, August, 29th. The company provided earnings per share guidance of $3.53-$3.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.55.
What price target have analysts set for GEF?
6 brokerages have issued 12-month target prices for Greif's shares. Their predictions range from $50.00 to $74.00. On average, they anticipate Greif's share price to reach $62.6667 in the next twelve months. This suggests a possible upside of 23.1% from the stock's current price. View Analyst Price Targets for Greif.
What is the consensus analysts' recommendation for Greif?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greif in the last year. There are currently 2 sell ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Greif.
What are Wall Street analysts saying about Greif stock?
Here are some recent quotes from research analysts about Greif stock:
- 1. According to Zacks Investment Research, "Greif expects its adjusted earnings per share for fiscal 2018 to be $3.53-$3.69. The company maintained capital expenditure outlook of $120-$140 million for the fiscal. Greif’s performance will be impacted by affected by the strengthening of U.S. dollar and weak agricultural sales. Further, transportation tightness in North America is impacting its in-transit inventory levels. Thus, elevated transportation costs are anticipated to remain a headwind for Greif’s Rigid Industrial Packaging & Services and Paper Packaging & Services segments. Further, the company continues to experience competitive market conditions in China. The stock has underperformed the industry over the past six months. " (11/19/2018)
- 2. KeyCorp analysts commented, "We think the N.A. containerboard market is at peak, and the only question is how quickly margins fall and by how much. As a result of these concerns, we think GEF’s EBITDA is headed downward in FY19 and potentially beyond. The Company will have up to a ~$25 million benefit in FY19 vs. FY18 in its containerboard business from the lagged benefit of the recent containerboard price increase and continued decade-low old corrugated container (OCC) costs, but we nonetheless expect GEF’s EBITDA to decline in FY19 as a result of ongoing pressures on its larger rigid business." (8/30/2018)
Has Greif been receiving favorable news coverage?
News articles about GEF stock have been trending very positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Greif earned a daily sentiment score of 3.1 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Greif's key competitors?
Some companies that are related to Greif include Zebra Technologies (ZBRA), Packaging Corp Of America (PKG), Allegion (ALLE), Avery Dennison (AVY), A. O. Smith (AOS), ASAHI GLASS/ADR (ASGLY), Nordson (NDSN), Pentair (PNR), Graco (GGG), HD Supply (HDS), Donaldson (DCI), AB SKF (SKFRY), DAI NIPPON PRTG/S (DNPLY), Alcoa (AA) and Crown (CCK).
Who are Greif's key executives?
Greif's management team includes the folowing people:
- Mr. Peter G. Watson, Pres, CEO & Director (Age 61)
- Mr. Lawrence Allen Hilsheimer, Exec. VP & CFO (Age 60)
- Mr. Gary R. Martz, Exec. VP, Gen. Counsel & Sec. (Age 60)
- Mr. Michael Francis Cronin, Sr. VP & Group Pres of Rigid Industrial Packaging & Services - EMEA & APAC, GPA and Global K (Age 60)
- Mr. Ole G. Rosgaard, Sr. VP and Group Pres of RIPS Americas & Global Sustainability (Age 54)
Who are Greif's major shareholders?
Greif's stock is owned by many different of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (1.85%), Prudential Financial Inc. (1.35%), Pictet Asset Management Ltd. (0.90%), Investment Counselors of Maryland LLC (0.86%), Deprince Race & Zollo Inc. (0.68%) and AQR Capital Management LLC (0.55%). View Institutional Ownership Trends for Greif.
Which institutional investors are selling Greif stock?
GEF stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, GSA Capital Partners LLP, AXA, Man Group plc, Credit Suisse AG, NN Investment Partners Holdings N.V., Commonwealth of Pennsylvania Public School Empls Retrmt SYS and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Greif.
Which institutional investors are buying Greif stock?
GEF stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Pictet Asset Management Ltd., AQR Capital Management LLC, Investment Counselors of Maryland LLC, LSV Asset Management, James Investment Research Inc., WBI Investments Inc. and Martingale Asset Management L P. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Greif's stock price today?
One share of GEF stock can currently be purchased for approximately $50.91.
How big of a company is Greif?
Greif has a market capitalization of $2.46 billion and generates $3.64 billion in revenue each year. The industrial products company earns $118.60 million in net income (profit) each year or $2.95 on an earnings per share basis. Greif employs 13,000 workers across the globe.
What is Greif's official website?
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]
MarketBeat Community Rating for Greif (NYSE GEF)
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.
