Griffon (GFF) to Release Earnings on Thursday

Griffon (NYSE:GFF - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $618.23 million for the quarter. Griffon has set its FY 2025 guidance at EPS.

Griffon (NYSE:GFF - Get Free Report) last announced its earnings results on Thursday, May 8th. The conglomerate reported $1.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.13 by $0.10. Griffon had a return on equity of 120.61% and a net margin of 9.13%. During the same period in the previous year, the firm posted $1.35 earnings per share. The company's revenue was down 9.1% compared to the same quarter last year. On average, analysts expect Griffon to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Griffon Stock Performance

NYSE GFF traded up $0.49 on Thursday, reaching $68.39. The stock had a trading volume of 69,966 shares, compared to its average volume of 443,012. The stock has a market cap of $3.29 billion, a P/E ratio of 13.96 and a beta of 1.17. Griffon has a 12-month low of $55.01 and a 12-month high of $86.73. The business's 50-day moving average price is $69.62 and its 200 day moving average price is $72.85. The company has a debt-to-equity ratio of 6.44, a quick ratio of 1.34 and a current ratio of 2.51.

Griffon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Friday, May 30th will be paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.05%. Griffon's dividend payout ratio is currently 14.69%.

Analyst Ratings Changes

GFF has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Griffon in a report on Tuesday, April 1st. They issued a "buy" rating and a $91.00 target price for the company. Loop Capital raised Griffon to a "strong-buy" rating in a research report on Friday, February 14th. Stephens boosted their target price on Griffon from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Raymond James reaffirmed a "strong-buy" rating and issued a $95.00 target price (up previously from $92.00) on shares of Griffon in a report on Thursday, February 6th. Finally, StockNews.com downgraded Griffon from a "strong-buy" rating to a "buy" rating in a research note on Thursday, March 20th. Four equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $97.20.

Griffon Company Profile

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. The company operates through two segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment manufactures and markets residential and commercial sectional garage doors, rolling steel service doors, fire doors, shutters, steel security grilles, and room dividers for the use in commercial construction and repair, and home remodeling applications.