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Griffon (GFF) Stock Price, News & Analysis

$62.95
+0.12 (+0.19%)
(As of 09/11/2024 ET)
Today's Range
$60.97
$63.13
50-Day Range
$55.50
$74.76
52-Week Range
$38.33
$77.99
Volume
437,204 shs
Average Volume
432,341 shs
Market Capitalization
$3.12 billion
P/E Ratio
16.61
Dividend Yield
0.95%
Price Target
$81.50

Griffon MarketRank™ Stock Analysis

Analyst Rating
Buy
3.25 Rating Score
Upside/​Downside
29.5% Upside
$81.50 Price Target
Short Interest
Healthy
4.20% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
0.72mentions of Griffon in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$8.39 M Sold Last Quarter
Proj. Earnings Growth
19.67%
From $4.83 to $5.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.95 out of 5 stars

Multi-Sector Conglomerates Sector

1st out of 17 stocks

Metal Doors, Sash, & Trim Industry

1st out of 3 stocks

GFF stock logo

About Griffon Stock (NYSE:GFF)

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. The segment also sells related products, such as garage door openers. The Consumer and Professional Products segment manufactures and markets long-handled engineered tools, including spades, hoes, cultivators, weeders, post hole diggers, scrapers, edgers and forks; wheelbarrows and lawn carts; snow tools comprising pushers, roof rakes, sled sleigh shovels, scoops, and ice scrapers; and pruning products, such as pruners, loppers, shears, and other tools. The segment also offers striking tools, including axes, picks, mattocks, mauls, wood splitters, sledgehammers, pry bars, and repair handles; traditional and gardening hand tools comprising hammers, screwdrivers, pliers, adjustable wrenches, handsaws, tape measures, levels, clamps, trowels, cultivators, weeders, and other hand tools; indoor and outdoor planters and lawn accessories; and garden hoses and hose reels. In addition, the segment provides home organization products, including wire and wood shelving, containers, storage cabinets, and other closet and home organization accessories; residential, industrial, and commercial fans; and cleaning products, such as brooms, brushes, squeegees, and other cleaning products. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.

GFF Stock Price History

GFF Stock News Headlines

Griffon's (GFF) "Overweight" Rating Reiterated at Stephens
Trump’s weapon lurks in abandoned America
Whoever wins the presidential election – Trump or Harris – this energy surprise could see their popularity skyrocket… as a new period of wealth and prosperity sweeps across the nation… emanating from the last place anyone could have predicted. Now, billions of dollars are amassing behind this force, with everyone from Jeff Bezos and Bill Gates to Sam Altman and Warren Buffett pouring their money into this phenomenon.
Critical Review: Griffon (NYSE:GFF) versus INDUS (OTCMKTS:INDHF)
Griffon: Margin Improvements In Weaker Segment
Q3 2024 Griffon Corp Earnings Call Transcript
Trump’s weapon lurks in abandoned America
Whoever wins the presidential election – Trump or Harris – this energy surprise could see their popularity skyrocket… as a new period of wealth and prosperity sweeps across the nation… emanating from the last place anyone could have predicted. Now, billions of dollars are amassing behind this force, with everyone from Jeff Bezos and Bill Gates to Sam Altman and Warren Buffett pouring their money into this phenomenon.
Griffon Shares Drop After 3Q Earnings Miss
Griffon Corporation Announces Third Quarter Results
Griffon (NYSE:GFF) Misses Q2 Sales Targets
Griffon Corp. Q3 Profit Decreases, Misses Estimates
What Wall Street expects from Griffon's earnings
See More Headlines
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Company Calendar

Ex-Dividend for 6/20 Dividend
5/29/2024
Dividend Payable
6/20/2024
Last Earnings
8/07/2024
Ex-Dividend for 9/19 Dividend
8/28/2024
Today
9/11/2024
Dividend Payable
9/19/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Industry
Metal doors, sash, & trim
Sub-Industry
Building Products
CUSIP
39843310
Employees
5,700
Year Founded
1959

Price Target and Rating

Average Stock Price Target
$81.50
High Stock Price Target
$85.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+29.5%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$77.62 million
Pretax Margin
10.21%

Debt

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$7.88 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
41,575,000
Market Cap
$3.12 billion
Optionable
Optionable
Beta
1.30

Social Links

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Key Executives

  • Mr. Ronald J. Kramer (Age 66)
    Chairman of the Board & CEO
    Comp: $10.68M
  • Mr. Robert F. Mehmel (Age 62)
    President & COO
    Comp: $3.58M
  • Mr. Brian G. Harris (Age 55)
    Senior VP & CFO
    Comp: $1.61M
  • Mr. Seth L. Kaplan (Age 55)
    Senior VP, General Counsel & Secretary
    Comp: $1.55M
  • Mr. W. Christopher Durborow
    VP & Chief Accounting Officer
  • Mr. Michael W. Hansen
    Vice President of Corporate Strategy & Development
  • Mr. Michael A. Sarrica
    Senior Vice President of Operations
  • David Sweet
    Vice President of Sustainability
  • Mr. Victor L. Weldon
    President of Clopay Building Products

GFF Stock Analysis - Frequently Asked Questions

How have GFF shares performed this year?

Griffon's stock was trading at $60.95 at the beginning of the year. Since then, GFF stock has increased by 3.3% and is now trading at $62.95.
View the best growth stocks for 2024 here
.

How were Griffon's earnings last quarter?

Griffon Co. (NYSE:GFF) released its quarterly earnings data on Wednesday, August, 7th. The conglomerate reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by $0.07. The company's revenue was down 5.2% on a year-over-year basis.

How will Griffon's stock buyback program work?

Griffon's Board of Directors approved a share buyback program on Wednesday, November 15th 2023, which authorizes the company to buy back $200,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 8.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

Does Griffon have any subsidiaries?

Griffon subsidiaries include these companies: Hunter Fan Company, Quatro, Apta, CornellCookson, Kelkay, Harper Brush Works Inc, Tuscan Path, and others.

Who are Griffon's major shareholders?

Griffon's top institutional shareholders include Dimensional Fund Advisors LP (2.78%), Allspring Global Investments Holdings LLC (1.86%), LSV Asset Management (1.84%) and Renaissance Technologies LLC (1.28%). Insiders that own company stock include Ronald J Kramer, Kevin F Sullivan, W Christopher Durborow, James W Sight and Louis J Grabowsky.
View institutional ownership trends
.

How do I buy shares of Griffon?

Shares of GFF 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 Griffon own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Griffon investors own include Etsy (ETSY), AbbVie (ABBV), Ford Motor (F), NVIDIA (NVDA), QUALCOMM (QCOM), Trade Desk (TTD) and VBI Vaccines (VBIV).

This page (NYSE:GFF) was last updated on 9/12/2024 by MarketBeat.com Staff

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