About Greif (NYSE:GEF)
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:
- Industry: Non-Paper Containers & Packaging
- Sub-Industry: Metal & Glass Containers
- Sector: Basic Materials
- Symbol: NYSE:GEF
- CUSIP: 39762410
- Web: www.greif.com
- Debt-to-Equity Ratio: 0.99%
- Current Ratio: 1.56%
- Quick Ratio: 1.10%
Sales & Book Value:
- Trailing P/E Ratio: 20.06
- Forward P/E Ratio: 18.44
- P/E Growth: 1.77
- Annual Sales: $3.32 billion
- Price / Sales: 0.76
- Cash Flow: $5.69 per share
- Price / Cash: 9.26
- Book Value: $20.04 per share
- Price / Book: 2.63
- Annual Dividend: $1.68
- Dividend Yield: 3.2%
- Trailing EPS: $1.59
- Net Income: $74.90 million
- Net Margins: 4.91%
- Return on Equity: 17.50%
- Return on Assets: 5.77%
- Employees: 12,370
- Outstanding Shares: 47,840,000
Frequently Asked Questions for Greif (NYSE:GEF)
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 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 annualized dividend and a yield of 3.19%. The ex-dividend date is Friday, September 15th. View Greif's Dividend History.
How were Greif's earnings last quarter?
Greif, Inc. (NYSE:GEF) posted its quarterly earnings data on Wednesday, August, 30th. The industrial products company reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.01. The industrial products company had revenue of $961.80 million for the quarter, compared to the consensus estimate of $901.76 million. Greif had a return on equity of 17.50% and a net margin of 4.91%. The company's revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 earnings per share. View Greif's Earnings History.
When will Greif make its next earnings announcement?
What guidance has Greif issued on next quarter's earnings?
Greif updated 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 estimate of $2.88.
Where is Greif's stock going? Where will Greif's stock price be in 2017?
7 brokers have issued 12 month price targets for Greif's shares. Their predictions range from $47.00 to $66.00. On average, they expect Greif's stock price to reach $57.00 in the next twelve months. 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. 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. 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's key competitors?
Some companies that are related to Greif include Israel Chemicals Shs (ICL), Altagas Ltd (ALA), W.R. Grace & Co. (GRA), Valvoline (VVV), USG Corporation (USG), Alumina (AWCMY), United States Steel Corporation (X), Cameco Corp (CCO), Kaz Minerals PLC (KZMYY), NewMarket Corporation (NEU), Outokumpo Oy (OUTKY), Ashland Global Holdings (ASH), Linamar (LNR), Enbridgeome Fund Holdings (ENF), Methanex Corporation (MEOH), Versum Materials (VSM), UBE Industries, Ltd. Unsponsored ADR (UBEOY) and Univar (UNVR).
Who are Greif's key executives?
Greif'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
- , Bio & Compensation -
Who owns Greif stock?
Greif's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (1.76%), Ameriprise Financial Inc. (0.56%), GSA Capital Partners LLP (0.18%), Comerica Bank (0.07%), Public Employees Retirement System of Ohio (0.05%) and Nine Chapters Capital Management LLC (0.02%). View Institutional Ownership Trends for Greif.
Who sold Greif stock? Who is selling Greif stock?
Greif's stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, SG Americas Securities LLC, Comerica Bank, Municipal Employees Retirement System of Michigan and Ameriprise Financial Inc.. View Insider Buying and Selling for Greif.
Who bought Greif stock? Who is buying Greif stock?
Greif's stock was purchased by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, Public Employees Retirement System of Ohio, Quantbot Technologies LP, Nine Chapters Capital Management LLC and Crossmark Global Holdings Inc.. View Insider Buying and Selling for Greif.
How do I buy Greif stock?
Shares of Greif 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 Greif stock can currently be purchased for approximately $52.73.
How big of a company is Greif?
Greif has a market capitalization of $2.51 billion and generates $3.32 billion in revenue each year. The industrial products company earns $74.90 million in net income (profit) each year or $1.59 on an earnings per share basis. Greif employs 12,370 workers across the globe.
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 firstname.lastname@example.org.
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 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.
Analysts' Consensus Rating for Greif (NYSE:GEF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.29)|
|Consensus Price Target: ||$57.00 (8.10% upside)|
Consensus Price Target History for Greif (NYSE:GEF)
Analysts' Ratings History for Greif (NYSE:GEF)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||Robert W. Baird||Reiterated Rating||Buy||$66.00||N/A|
|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 and Estimates Chart for Greif (NYSE:GEF)
Earnings History by Quarter for Greif (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 (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 (NYSE:GEF)
|Most Recent Dividend:||10/1/2017|
|Dividend Growth:||10.10% (3 Year Average)|
|Payout Ratio:||105.66% (Trailing 12 Months of Earnings) |
58.74% (Based on This Year's Estimates)
48.84% (Based on Next Year's Estimates)
Dividend History by Quarter for Greif (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 (NYSE GEF)
Insider Ownership Percentage: 16.37%
Institutional Ownership Percentage: 47.87%
Insider Trades by Quarter for Greif (NYSE GEF)
(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|| |
Latest Headlines for Greif (NYSE GEF)
| Analysts Anticipate Greif Bros. Corporation (GEF) Will Announce Quarterly Sales of $934.99 Million|
www.americanbankingnews.com - November 18 at 5:42 AM
|Reviewing Greif Bros. Corporation (GEF) & The Competition|
www.americanbankingnews.com - November 17 at 7:15 PM
|Greif Bros. Corporation (GEF) and Its Rivals Critical Contrast|
www.americanbankingnews.com - November 17 at 3:30 PM
|Greif, Inc. Announces 2017 Fourth Quarter Earnings Release and Conference Call Dates|
finance.yahoo.com - November 16 at 2:39 PM
|Greif Bros. Corporation's (GEF) Buy Rating Reiterated at Robert W. Baird|
www.americanbankingnews.com - November 11 at 1:00 PM
|Greif Bros. Corporation (GEF) Receives Sell Rating from KeyCorp|
www.americanbankingnews.com - November 11 at 12:10 PM
|Reviewing Greif Bros. Corporation (GEF) & Its Competitors|
www.americanbankingnews.com - November 7 at 11:36 PM
|Greif Bros. Corporation (GEF) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - November 5 at 5:38 PM
|ETFs with exposure to Greif, Inc. : October 30, 2017|
finance.yahoo.com - October 30 at 7:52 PM
|Greif, Inc. – Value Analysis (NYSE:GEF) : October 16, 2017|
finance.yahoo.com - October 16 at 7:21 PM
|Greif, Inc. breached its 50 day moving average in a Bearish Manner : GEF-US : October 13, 2017|
finance.yahoo.com - October 13 at 4:36 PM
|Greif Bros. Corporation (GEF) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - October 11 at 6:36 PM
|$934.99 Million in Sales Expected for Greif Bros. Corporation (GEF) This Quarter|
www.americanbankingnews.com - October 10 at 11:46 AM
| Brokerages Anticipate Greif Bros. Corporation (GEF) Will Announce Earnings of $0.89 Per Share|
www.americanbankingnews.com - October 8 at 4:34 AM
|Greif, Inc. : GEF-US: Dividend Analysis : September 18th, 2017 (record date) : By the numbers : October 6, 2017|
finance.yahoo.com - October 6 at 7:28 PM
|Greif Bros. Corporation (GEF) & Silgan Holdings (SLGN) Financial Review|
www.americanbankingnews.com - October 4 at 9:12 AM
|Why Is Greif Bros. (GEF) Up 2.5% Since the Last Earnings Report?|
finance.yahoo.com - October 2 at 2:10 PM
|Head to Head Survey: Greif Bros. Corporation (GEF) & Ardagh Group (ARD)|
www.americanbankingnews.com - September 28 at 10:22 AM
|Earnings Review and Free Research Report: Greif’s Revenue Surged 14%|
finance.yahoo.com - September 20 at 3:44 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
|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 (NYSE GEF) Chart for Tuesday, November, 21, 2017