What is Zacks Research’s Forecast for Greif Q1 Earnings?

Greif, Inc. (NYSE:GEF) – Equities researchers at Zacks Research boosted their Q1 2027 earnings estimates for shares of Greif in a note issued to investors on Friday, October 24th. Zacks Research analyst Team now expects that the industrial products company will post earnings per share of $0.83 for the quarter, up from their previous forecast of $0.82. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Greif’s current full-year earnings is $4.11 per share.

A number of other research analysts have also recently issued reports on GEF. Wells Fargo & Company decreased their target price on Greif from $76.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, October 15th. Truist Financial cut their price objective on Greif from $72.00 to $71.00 and set a “hold” rating on the stock in a report on Monday, September 8th. Bank of America lowered their target price on Greif from $77.00 to $71.00 and set a “neutral” rating for the company in a research note on Tuesday, September 2nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Greif in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $74.00.

Greif Price Performance

Shares of GEF stock opened at $59.24 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.41 and a debt-to-equity ratio of 1.00. Greif has a 12-month low of $48.23 and a 12-month high of $73.16. The firm has a fifty day moving average of $61.36 and a 200-day moving average of $61.02. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 2.36 and a beta of 1.00.

Greif (NYSE:GEF) last issued its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.81 by $0.22. The firm had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $740.23 million. Greif had a net margin of 3.52% and a return on equity of 10.09%. The business’s quarterly revenue was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.03 earnings per share.

Greif Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 16th were issued a $0.56 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.24 annualized dividend and a yield of 3.8%. This is an increase from Greif’s previous quarterly dividend of $0.54. Greif’s payout ratio is currently 71.11%.

Insider Transactions at Greif

In other news, SVP Timothy Bergwall sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $60.09, for a total transaction of $120,180.00. Following the completion of the sale, the senior vice president owned 64,678 shares in the company, valued at $3,886,501.02. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.60% of the stock is owned by company insiders.

Institutional Trading of Greif

Several hedge funds have recently added to or reduced their stakes in GEF. AXA S.A. acquired a new position in Greif in the 2nd quarter valued at $9,052,000. AQR Capital Management LLC grew its stake in shares of Greif by 54.2% in the first quarter. AQR Capital Management LLC now owns 366,449 shares of the industrial products company’s stock valued at $20,015,000 after acquiring an additional 128,880 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Greif in the second quarter valued at about $6,052,000. Jacobs Levy Equity Management Inc. bought a new position in Greif during the first quarter worth about $3,193,000. Finally, Squarepoint Ops LLC acquired a new stake in Greif in the 2nd quarter worth about $3,709,000. 45.74% of the stock is owned by institutional investors and hedge funds.

Greif Company Profile

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.