Griffon Corporation, through its wholly-owned subsidiaries, engages in home and building, telephonics, and plastic products businesses worldwide. Its Home & Building Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; and residential and commercial garage doors to professional dealers and home center retail chains. The company's Telephonics segment designs, develops, manufactures, and provides logistical support and lifecycle sustainment services; and intelligence, surveillance, and communications solutions to defense, aerospace, and commercial customers. The company was founded in 1959 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Metal doors, sash, & trim
Sub-IndustryBuilding Products
SectorMulti-Sector Conglomerates
SymbolNYSE:GFF
CUSIP39843310
Phone212-957-5000
Debt
Debt-to-Equity Ratio2.41
Current Ratio2.26
Quick Ratio1.31
Price-To-Earnings
Trailing P/E Ratio24.33
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.53 billion
Price / Sales0.55
Cash Flow$1.9323 per share
Price / Cash9.60
Book Value$8.44 per share
Price / Book2.20
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$14.91 million
Net Margins6.18%
Return on Equity7.23%
Return on Assets1.56%
Miscellaneous
Employees4,700
Outstanding Shares45,620,000
Market Cap$832.48 million
Griffon (NYSE:GFF) Frequently Asked Questions
What is Griffon's stock symbol?
Griffon trades on the New York Stock Exchange (NYSE) under the ticker symbol "GFF."
How often does Griffon pay dividends? What is the dividend yield for Griffon?
Griffon declared a quarterly dividend on Wednesday, August 1st. Shareholders of record on Thursday, August 23rd will be paid a dividend of $0.07 per share on Thursday, September 20th. This represents a $0.28 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Wednesday, August 22nd. View Griffon's Dividend History.
How will Griffon's stock buyback program work?
Griffon declared that its Board of Directors has authorized a share buyback plan on Wednesday, August 1st 2018, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.
How were Griffon's earnings last quarter?
Griffon Co. (NYSE:GFF) released its quarterly earnings results on Wednesday, August, 1st. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.07. The conglomerate earned $516.55 million during the quarter. Griffon had a net margin of 6.18% and a return on equity of 7.23%. View Griffon's Earnings History.
When is Griffon's next earnings date?
What is the consensus analysts' recommendation for Griffon?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Griffon.
Who are some of Griffon's key competitors?
Some companies that are related to Griffon include Shanghai Industrial (SGHIY), BARLOWORLD Ltd/ADR (BRRAY), Federal Signal (FSS), Raven Industries (RAVN), National Presto Industries (NPK), Lydall (LDL), Steel Partners (SPLP), HC2 (HCHC), Standard Diversified Inc Class A (NYSEAMERICAN) (SDI), LSB Industries (LXU), NOBLE Grp Ltd/ADR (NOBGY) and PHI Group, Inc. Common Stock (PHIL).
Who are Griffon's key executives?
Griffon's management team includes the folowing people:
- Mr. Ronald J. Kramer, Chairman & CEO (Age 60)
- Mr. Robert F. Mehmel, Pres, COO & Director (Age 56)
- Mr. Brian G. Harris, Sr. VP & CFO (Age 49)
- Mr. Seth L. Kaplan, Sr. VP, Gen. Counsel & Sec. (Age 49)
- Mr. W. Christopher Durborow, VP, Controller & Chief Accounting Officer
Has Griffon been receiving favorable news coverage?
Media headlines about GFF stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Griffon earned a news and rumor sentiment score of 0.16 on Accern's scale. They also gave news coverage about the conglomerate an impact score of 45.51 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Griffon.
Who are Griffon's major shareholders?
Griffon's stock is owned by a number of of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (12.29%), BlackRock Inc. (9.45%), Dimensional Fund Advisors LP (8.45%), Gabelli Funds LLC (4.51%), Royce & Associates LP (1.51%) and Wells Fargo & Company MN (1.20%). Company insiders that own Griffon stock include Cheryl L Turnbull, Goldman Sachs Group Inc, Harvey R Blau, Henry A Alpert and Louis J Grabowsky. View Institutional Ownership Trends for Griffon.
Which major investors are selling Griffon stock?
GFF stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Norman Fields Gottscho Capital Management LLC, Spark Investment Management LLC, NJ State Employees Deferred Compensation Plan, OppenheimerFunds Inc. and Nisa Investment Advisors LLC. View Insider Buying and Selling for Griffon.
Which major investors are buying Griffon stock?
GFF stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Putnam Investments LLC, Gabelli Funds LLC, Millennium Management LLC, Wells Fargo & Company MN, Penn Capital Management Co. Inc., Jane Street Group LLC and Gamco Investors INC. ET AL. Company insiders that have bought Griffon stock in the last two years include Cheryl L Turnbull, Henry A Alpert and Louis J Grabowsky. View Insider Buying and Selling for Griffon.
How do I buy shares of Griffon?
Shares of GFF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Griffon's stock price today?
One share of GFF stock can currently be purchased for approximately $18.55.
How big of a company is Griffon?
Griffon has a market capitalization of $832.48 million and generates $1.53 billion in revenue each year. Griffon employs 4,700 workers across the globe.
How can I contact Griffon?
Griffon's mailing address is 712 FIFTH AVENUE 18th Floor, NEW YORK NY, 10019. The conglomerate can be reached via phone at 212-957-5000.
MarketBeat Community Rating for Griffon (NYSE GFF)
MarketBeat's community ratings are surveys of what our community members think about Griffon and other stocks. Vote "Outperform" if you believe GFF will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GFF will underperform the S&P 500 over the long term. You may vote once every thirty days.
