Greif (GEF) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $62.13 to $62.84
• 50-Day Range: $59.32 to $65.20
• 52-Week Range: $55.95 to $71.36
• Volume: 49,962 shs
• Average Volume: 164,313 shs
• Market Capitalization: $2.94 billion
• P/E Ratio: 13.53
• Dividend Yield: 3.47%
• Price Target: $76.00
• Consensus Rating: Moderate Buy

Greif Stock Analysis - MarketRank™

Greif scored higher than 66% of companies evaluated by MarketBeat, and ranked 106th out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Greif has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Greif has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.05%

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 13.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greif is 13.52, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.00.

Price to Book Value per Share Ratio

Greif has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.19% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Greif has recently increased by 4.80%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Greif pays a meaningful dividend of 3.43%, 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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.19% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Greif has recently increased by 4.80%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.31

News Sentiment

Greif has a news sentiment score of 0.31. 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 0.43 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Greif this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for GEF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Greif to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

GEF Stock Analysis - Frequently Asked Questions

How have GEF shares performed this year?

Greif's stock was trading at $65.59 at the beginning of 2024. Since then, GEF shares have decreased by 5.2% and is now trading at $62.19.
View the best growth stocks for 2024 here.

How were Greif's earnings last quarter?

Greif, Inc. (NYSE:GEF) posted its quarterly earnings results on Wednesday, August, 28th. The industrial products company reported $1.03 EPS for the quarter, missing analysts' consensus estimates of $1.17 by $0.14. The industrial products company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.43 billion. Greif had a trailing twelve-month return on equity of 13.28% and a net margin of 4.99%.

Does Greif have any subsidiaries?

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 more.

Who are Greif's major shareholders?

Greif's top institutional shareholders include Private Management Group Inc. (0.42%), Principal Financial Group Inc. (0.15%), New York State Teachers Retirement System (0.09%) and State of New Jersey Common Pension Fund D (0.07%). 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.

How do I buy shares of Greif?

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.

What other stocks do shareholders of Greif own?

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: 8/28/2024
• Ex-Dividend for 10/1 Dividend: 9/16/2024
• Dividend Payable: 10/01/2024
• Today: 11/05/2024
• Next Earnings (Confirmed): 12/04/2024
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Metal barrels, drums, & pails
• Sub-Industry: Metal & Glass Containers
• Current Symbol: NYSE:GEF
• CUSIP: 39762410
• CIK: 43920
• Web: www.greif.com
• Phone: (740) 549-6000
• Fax: 740-549-6100
• Employees: 12,000
• Year Founded: 1877

Price Target and Rating

• Average Stock Price Target: $76.00
• High Stock Price Target: $88.00
• Low Stock Price Target: $67.00
• Potential Upside/Downside: +21.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.60
• Trailing P/E Ratio: 13.56
• Forward P/E Ratio: 14.85
• P/E Growth: N/A
• Net Income: $359.20 million
• Net Margins: 4.99%
• Pretax Margin: 5.91%
• Return on Equity: 13.28%
• Return on Assets: 4.24%

Debt

• Debt-to-Equity Ratio: 1.35
• Current Ratio: 1.70
• Quick Ratio: 1.28

Sales & Book Value

• Annual Sales: $5.34 billion
• Price / Sales: 0.55
• Cash Flow: $12.58 per share
• Price / Cash Flow: 4.96
• Book Value: $42.44 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 47,180,000
• Free Float: 45,732,000
• Market Cap: $2.94 billion
• Optionable: Optionable
• Beta: 0.91