Greif - GEF Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greif in the last twelve months. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GEF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GEF, but not buy additional shares or sell existing shares.
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4 analysts have issued 1-year target prices for Greif's stock. Their GEF share price forecasts range from $62.00 to $90.00. On average, they anticipate the company's share price to reach $72.00 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
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Greif's stock was trading at $67.06 at the start of the year. Since then, GEF shares have increased by 8.4% and is now trading at $72.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our GEF earnings forecast.

Greif will be holding an earnings conference call on Thursday, March 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Greif, Inc. (NYSE:GEF) issued its earnings results on Wednesday, December, 7th. The industrial products company reported $1.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.97 by $0.14. The industrial products company earned $1.50 billion during the quarter, compared to analyst estimates of $1.59 billion. Greif had a net margin of 5.93% and a trailing twelve-month return on equity of 27.69%.

Greif declared a quarterly dividend on Tuesday, December 6th. Investors of record on Friday, December 16th will be paid a dividend of $0.50 per share on Sunday, January 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date is Thursday, December 15th.
Read our dividend analysis for GEF.

Greif (NYSE:GEF) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.79%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GEF will have a dividend payout ratio of 33.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GEF.

Greif updated its FY 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of $7.90-$8.10 for the period, compared to the consensus EPS estimate of $8.02. The company issued revenue guidance of -.

8 employees have rated Greif Chief Executive Officer Peter Watson on Glassdoor.com. Peter Watson has an approval rating of 100% among the company's employees. This puts Peter Watson in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Greif investors own include Bank of America (BAC), Advanced Micro Devices (AMD), Intel (INTC), AbbVie (ABBV), Walgreens Boots Alliance (WBA), Fossil Group (FOSL), Micron Technology (MU), American Eagle Outfitters (AEO), Broadcom (AVGO) and Ciena (CIEN).

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

Greif's stock is owned by a variety of retail and institutional investors. Top institutional investors include Seizert Capital Partners LLC (0.13%), New York State Teachers Retirement System (0.13%), Allspring Global Investments Holdings LLC (0.12%), Knights of Columbus Asset Advisors LLC (0.09%), State of New Jersey Common Pension Fund D (0.07%) and Comerica Bank (0.04%). Insiders that own company stock include Bala Sathyanarayanan, Gary R Martz, Gary R Martz, Lawrence A Hilsheimer, Mark A Emkes, Nicholas Joseph Petitti, Ole G Rosgaard, Patrick Gerard Mullaney, Timothy Bergwall and Vicki L Avril-Groves.
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Shares of GEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GEF stock can currently be purchased for approximately $72.66.

Greif (NYSE:GEF) has a market capitalization of $3.44 billion and generates $6.35 billion in revenue each year. The industrial products company earns $376.70 million in net income (profit) each year or $6.30 on an earnings per share basis.

The company employs 12,000 workers across the globe.

Greif's mailing address is 425 WINTER ROAD, DELAWARE OH, 43015. The official website for the company is www.greif.com. The industrial products company can be reached via phone at (740) 549-6000, via email at matt.eichmann@greif.com, or via fax at 740-549-6100.