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 Ratio17.45
Forward P/E Ratio20.51
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.53 billion
Price / Sales0.45
Cash Flow$1.7859 per share
Price / Cash8.50
Book Value$8.44 per share
Price / Book1.80
Profitability
EPS (Most Recent Fiscal Year)$0.87
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$736.69 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 announced a quarterly dividend on Wednesday, August 1st. Shareholders of record on Thursday, August 23rd will be given a dividend of $0.07 per share on Thursday, September 20th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Wednesday, August 22nd. View Griffon's Dividend History.
How will Griffon's stock buyback program work?
Griffon announced that its Board of Directors has initiated a stock buyback program on Wednesday, August 1st 2018, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors 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, topping analysts' consensus estimates of $0.20 by $0.07. The conglomerate earned $516.55 million during the quarter. Griffon had a return on equity of 7.23% and a net margin of 6.18%. View Griffon's Earnings History.
When is Griffon's next earnings date?
What price target have analysts set for GFF?
4 analysts have issued 1-year target prices for Griffon's stock. Their predictions range from $18.00 to $20.00. On average, they expect Griffon's share price to reach $18.6667 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for Griffon.
What is the consensus analysts' recommendation for Griffon?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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), Raven Industries (RAVN), Federal Signal (FSS), National Presto Industries (NPK), Lydall (LDL), KushCo (KSHB), Steel Partners (SPLP), LSB Industries (LXU), HC2 (HCHC), Standard Diversified Inc Class A (NYSEAMERICAN) (SDI), NOBLE Grp Ltd/ADR (NOBGY) and PHI Group (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
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 $15.18.
How big of a company is Griffon?
Griffon has a market capitalization of $736.69 million and generates $1.53 billion in revenue each year. The conglomerate earns $14.91 million in net income (profit) each year or $0.87 on an earnings per share basis. Griffon employs 4,700 workers across the globe.
What is Griffon's official website?
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.
