Greif, Inc. (GEF)

NYSE: GEF · IEX Real-Time Price · USD
62.78
+0.42 (0.67%)
Mar 30, 2023, 9:41 AM EDT - Market open
0.67%
Market Cap 3.26B
Revenue (ttm) 6.06B
Net Income (ttm) 456.30M
Shares Out 51.91M
EPS (ttm) 7.66
PE Ratio 8.14
Forward PE n/a
Dividend $1.96 (3.12%)
Ex-Dividend Date Mar 16, 2023
Volume 1,241
Open 62.88
Previous Close 62.36
Day's Range 62.78 - 62.94
52-Week Range 57.10 - 74.22
Beta 1.01
Analysts Sell
Price Target 71.66 (+14.15%)
Earnings Date Mar 1, 2023

About GEF

Greif, Inc. engages in the production and sale of industrial packaging products and services worldwide. It operates in three segments: Global Industrial Packaging; Paper Packaging & Services; and Land Management. 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; ... [Read more]

Founded 1877
Employees 12,000
Stock Exchange NYSE
Ticker Symbol GEF
Full Company Profile

Financial Performance

In 2022, Greif's revenue was $6.35 billion, an increase of 14.28% compared to the previous year's $5.56 billion. Earnings were $376.70 million, a decrease of -3.58%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GEF stock is "Sell." The 12-month stock price forecast is $71.66, which is an increase of 14.15% from the latest price.

Price Target
$71.66
(14.15% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Greif (GEF) Q1 Earnings Lag Estimates, Dip Y/Y on Low Demand

Greif (GEF) misses earnings and revenue estimates for first-quarter fiscal 2023, reflecting lower volumes and selling prices as well as negative impacts caused by foreign currency translation.

3 weeks ago - Zacks Investment Research

Greif (GEF) Lags Q1 Earnings and Revenue Estimates

Greif (GEF) delivered earnings and revenue surprises of -15.87% and 1.05%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Greif Reports First Quarter 2023 Results

DELAWARE, Ohio , March 1, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced first quarter 2023 results. First Quarter ...

1 month ago - PRNewsWire

Bruce Edwards Elected Chairman of Greif, Inc. Board of Directors; Greif Announces Election of New Board Member and Other Changes

Pete Watson retires from Board; Bruce Edwards elected as Chairman of the Board DELAWARE, Ohio , Feb. 28, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging pr...

1 month ago - PRNewsWire

Greif, Inc. Declares Quarterly Dividend

DELAWARE, Ohio , Feb. 28, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared q...

1 month ago - PRNewsWire

Greif (GEF) Expected to Beat Earnings Estimates: Should You Buy?

Greif (GEF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Greif, Inc. Announces 2023 First Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio, Jan. 27, 2023 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2023 first qua...

2 months ago - PRNewsWire

Reasons Why You Should Avoid Betting on Greif (GEF) Now

Greif (GEF) results have been bearing the brunt of escalating costs, labor shortages and supply-chain issues. The recent dip in demand adds to the company's woes.

3 months ago - Zacks Investment Research

Greif (GEF) Buys Lee Container for $300M, Diversifies Portfolio

Greif (GEF) acquires Lee Container to diversify its portfolio and further enhance growth.

3 months ago - Zacks Investment Research

Greif Earns Further Recognition for Corporate Social Responsibility

Two additional awards reflect Greif's leadership and commitment to being a sustainable, equitable, and inclusive company. DELAWARE, Ohio , Dec. 21, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B),...

3 months ago - PRNewsWire

Greif Completes Acquisition of Lee Container

DELAWARE, Ohio , Dec. 15, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that it has completed its previously annou...

3 months ago - PRNewsWire

Greif Announces 2030 Sustainability Targets

New targets set ambitious goals focused on people, planet, and communities. DELAWARE, Ohio , Dec. 14, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging produ...

3 months ago - PRNewsWire

Grief (GEF) Q4 Earnings and Sales Miss Estimates, Decline Y/Y

Grief (GEF) misses earnings and revenue estimates for fourth-quarter fiscal 2022, reflecting negative impacts caused by foreign currency translation and lower volumes.

3 months ago - Zacks Investment Research

Greif Reports Fourth Quarter and Fiscal 2022 Results

DELAWARE, Ohio , Dec. 7, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, today announced fourth quarter and fiscal 2022 results. Four...

4 months ago - PRNewsWire

Should You Buy Greif (GEF) Ahead of Earnings?

Greif (GEF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

Greif Named One of the Top 100 Best ESG Companies by Investor's Business Daily

The list recognizes companies with leading environmental, social and governance ratings, and strong financial performance DELAWARE, Ohio , Nov. 17, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B),...

4 months ago - PRNewsWire

Why Greif (GEF) Could Beat Earnings Estimates Again

Greif (GEF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Greif, Inc. Announces 2022 Fourth Quarter Earnings Release and Conference Call Dates

DELAWARE, Ohio , Nov. 14, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it will report the company's 2022 fourth q...

4 months ago - PRNewsWire

Greif, Inc. Attends Baird Global Industrial Conference; Reaffirms Fiscal Year 2022 Guidance

DELAWARE, Ohio , Nov. 9, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today reaffirms that its fiscal 2022 results will be within...

5 months ago - PRNewsWire

Greif to Acquire Lee Container

Acquisition establishes a strong foothold in jerrycans in NA DELAWARE, Ohio , Nov. 9, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services...

5 months ago - PRNewsWire

Why Greif (GEF) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

5 months ago - Zacks Investment Research

GEF vs. ATR: Which Stock Is the Better Value Option?

GEF vs. ATR: Which Stock Is the Better Value Option?

Other symbols: ATR
5 months ago - Zacks Investment Research

What Makes Greif (GEF) a New Buy Stock

Greif (GEF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

5 months ago - Zacks Investment Research

Greif signs its first sustainable financing agreement; receives best-in-industry MSCI ESG rating

DELAWARE, Ohio , Oct. 19, 2022 /PRNewswire/ -- Greif, a global leader in industrial packaging products and services, recently completed its debut sustainable finance transaction as part of its sustain...

5 months ago - PRNewsWire

Here's Why Greif (GEF) is a Strong Growth Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

5 months ago - Zacks Investment Research