Stock of the Day

December 20, 2021

Greif (GEF)

$76.35
+$0.25 (+0.3%)
Market Cap: $3.51B

About Greif

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.

Today's Trend

Greif, Inc. (NYSE: GEF) is trading modestly higher as investors digest a batch of updated analyst estimates from Zacks Research. The revisions were mixed, with some near-term forecasts cut but several longer-term estimates raised, suggesting a blended outlook rather than a clear fundamental surprise.

  • Zacks Research raised its FY2027 earnings estimate for Greif to $4.48 per share from $4.15, and also lifted its Q2 2028, Q4 2027, and Q3 2027 estimates, which may support sentiment around longer-term earnings potential.
  • The firm slightly increased its Q4 2026 EPS estimate to $1.20 from $1.19, a small adjustment that does not meaningfully change the near-term outlook.
  • Zacks cut its FY2026 EPS estimate to $3.86 from $4.14 and lowered its Q3 2026 forecast to $1.08 from $1.35, pointing to some pressure in the near-term earnings picture.
  • Despite the estimate changes, Zacks Research maintains a Strong Sell rating on Greif, which could continue to weigh on investor confidence.

Overall, GEF appears to be reacting to mixed analyst commentary: improving longer-term earnings expectations are helping offset weaker short-term forecasts and the bearish rating.

← Previous Stock of the DayNext Stock of the Day →

Recent News