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NYSE:GEF

Greif (GEF) Stock Price, News & Analysis

Greif logo
$71.03 +0.23 (+0.32%)
(As of 11/29/2024 ET)

About Greif Stock (NYSE:GEF)

Key Stats

Today's Range
$70.98
$71.76
50-Day Range
$60.92
$72.15
52-Week Range
$55.95
$73.16
Volume
99,257 shs
Average Volume
190,872 shs
Market Capitalization
$3.35 billion
P/E Ratio
15.44
Dividend Yield
3.04%
Price Target
$79.40
Consensus Rating
Moderate Buy

Company Overview

Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. The company operates through Global Industrial Packaging; Paper Packaging & Services; and Land Management segments. The Global Industrial Packaging segment produces and sells industrial packaging products, including steel, fiber, and plastic drums; rigid and flexible intermediate bulk containers; closure systems for industrial packaging products; transit protection products; water bottles, and remanufactured and reconditioned industrial containers; and various services, such as container life cycle management, filling, logistics, warehousing, and other packaging services to chemicals, paints and pigments, food and beverage, petroleum, industrial coatings, agriculture, pharmaceuticals, mineral product, and other industries. The Paper Packaging & Services segment produces and sells containerboards, corrugated sheets and containers, and other corrugated and specialty products to customers in the packaging, automotive, food, and building products markets; and produces and sells coated and uncoated recycled paperboard, and recycled fiber. 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 Land Management segment engages in harvesting and regeneration of timber properties; and sale of timberland and special use properties. As of October 31, 2023, this segment owned approximately 175,000 acres of timber properties 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.

Greif Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
57th Percentile Overall Score

GEF MarketRank™: 

Greif scored higher than 57% of companies evaluated by MarketBeat, and ranked 103rd out of 181 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Greif has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Greif has only been the subject of 1 research reports in the past 90 days.

  • Read more about Greif's stock forecast and price target.
  • Earnings Growth

    Earnings for Greif are expected to grow by 14.05% in the coming year, from $4.20 to $4.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Greif is 15.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Greif is 15.44, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.99.

  • Price to Book Value per Share Ratio

    Greif has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Greif's valuation and earnings.
  • Percentage of Shares Shorted

    2.75% of the float of Greif has been sold short.
  • Short Interest Ratio / Days to Cover

    Greif has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Greif has recently increased by 16.14%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Greif pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Greif does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Greif is 46.96%. 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 45.09% next year. This indicates that Greif will be able to sustain or increase its dividend.

  • Read more about Greif's dividend.
  • Percentage of Shares Shorted

    2.75% of the float of Greif has been sold short.
  • Short Interest Ratio / Days to Cover

    Greif has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Greif has recently increased by 16.14%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Greif has a news sentiment score of -0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Greif this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    3 people have added Greif to their MarketBeat watchlist in the last 30 days.
  • 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 3.07% of the stock of Greif is held by insiders.

  • Percentage Held by Institutions

    45.74% of the stock of Greif is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Greif's insider trading history.
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GEF Stock News Headlines

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GEF Stock Analysis - Frequently Asked Questions

Greif's stock was trading at $65.59 at the beginning of the year. Since then, GEF stock has increased by 8.3% and is now trading at $71.03.
View the best growth stocks for 2024 here
.

Greif, Inc. (NYSE:GEF) announced its earnings results on Wednesday, June, 5th. The industrial products company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.77 by $0.05. The business's revenue was up 4.7% compared to the same quarter last year.

Greif subsidiaries include Caraustar Industries Inc., pack2pack Group N.V., Storsack Group, Hannells AS, Ennis Containers Inc., Petro-Summit Mechanical Co. Ltd., Delta Petroleum Company, and others.

Top institutional investors of Greif include Thrivent Financial for Lutherans (1.66%), Charles Schwab Investment Management Inc. (1.11%), Systematic Financial Management LP (0.64%) and Wellington Management Group LLP (0.49%). Insiders that own company stock include Nicholas Joseph Petitti, Lawrence A Hilsheimer, Timothy Bergwall, Vicki L Avril-Groves, Mark A Emkes, Gary R Martz, Ole G Rosgaard, Patrick Gerard Mullaney, Anthony John Krabill, Tina R Schoner and Bala Sathyanarayanan.
View institutional ownership trends
.

Shares of GEF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Greif investors own include JPMorgan Chase & Co. (JPM), Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walmart (WMT) and Netflix (NFLX).

Company Calendar

Last Earnings
6/05/2024
Ex-Dividend for 10/1 Dividend
9/16/2024
Dividend Payable
10/01/2024
Today
12/01/2024
Next Earnings (Confirmed)
12/04/2024
Fiscal Year End
10/31/2025

Industry, Sector and Symbol

Industry
Metal barrels, drums, & pails
Sub-Industry
Metal & Glass Containers
CUSIP
39762410
Employees
12,000
Year Founded
1877

Price Target and Rating

Average Stock Price Target
$79.40
High Stock Price Target
$93.00
Low Stock Price Target
$67.00
Potential Upside/Downside
+11.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$359.20 million
Pretax Margin
5.91%

Debt

Sales & Book Value

Annual Sales
$5.22 billion
Cash Flow
$12.59 per share
Book Value
$42.44 per share

Miscellaneous

Free Float
45,732,000
Market Cap
$3.35 billion
Optionable
Optionable
Beta
0.91

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This page (NYSE:GEF) was last updated on 12/1/2024 by MarketBeat.com Staff
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