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
Current SymbolNYSE:GFF
Previous Symbol
CUSIP39843310
Phone212-957-5000
Debt
Debt-to-Equity Ratio2.34
Current Ratio2.32
Quick Ratio1.31
Price-To-Earnings
Trailing P/E Ratio14.72
Forward P/E Ratio11.90
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.98 billion
Price / Sales0.26
Cash Flow$2.0420 per share
Price / Cash Flow5.48
Book Value$10.40 per share
Price / Book1.08
Profitability
EPS (Most Recent Fiscal Year)$0.76
Net Income$125.67 million
Net Margins6.35%
Return on Equity6.94%
Return on Assets1.52%
Miscellaneous
Employees3,600
Outstanding Shares45,670,000
Market Cap$511.10 million
OptionableOptionable
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, November 14th. Investors of record on Thursday, November 29th will be given a dividend of $0.0725 per share on Thursday, December 20th. This represents a $0.29 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Wednesday, November 28th. This is a positive change from Griffon's previous quarterly dividend of $0.07. View Griffon's Dividend History.
How will Griffon's stock buyback program work?
Griffon declared that its Board of Directors has initiated a stock buyback program on Wednesday, August 1st 2018, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 6.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.
How were Griffon's earnings last quarter?
Griffon Co. (NYSE:GFF) released its quarterly earnings results on Wednesday, November, 14th. The conglomerate reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.02. The conglomerate earned $545.51 million during the quarter, compared to analysts' expectations of $590.58 million. Griffon had a net margin of 6.35% and a return on equity of 6.94%. During the same quarter in the prior year, the firm earned $0.36 earnings per share. View Griffon's Earnings History.
When is Griffon's next earnings date?
What price target have analysts set for GFF?
5 brokerages have issued twelve-month price objectives for Griffon's stock. Their forecasts range from $15.00 to $19.00. On average, they expect Griffon's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 56.4% from the stock's current price. View Analyst Price Targets for Griffon.
What is the consensus analysts' recommendation for Griffon?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Griffon.
Has Griffon been receiving favorable news coverage?
Press coverage about GFF stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Griffon earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news headlines about the conglomerate a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
Who are some of Griffon's key competitors?
Some companies that are related to Griffon include BARLOWORLD LTD/ADR (BRRAY), Raven Industries (RAVN), Federal Signal (FSS), National Presto Industries (NPK), KushCo (KSHB), Steel Partners (SPLP), Lydall (LDL), Standard Diversified Inc Class A (NYSEAMERICAN) (SDI), LSB Industries (LXU), HC2 (HCHC), NOBLE GRP LTD/ADR (NOBGY), PHI Group (PHIL) and Leucadia National (LUK).
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
Who are Griffon's major shareholders?
Griffon's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (12.10%), BlackRock Inc. (10.63%), Vanguard Group Inc. (8.60%), Dimensional Fund Advisors LP (8.40%), Gabelli Funds LLC (4.55%) and Royce & Associates LP (1.86%). Company insiders that own Griffon stock include Brian G Harris, Cheryl L Turnbull, Goldman Sachs Group Inc, Harvey R Blau, Henry A Alpert, Louis J Grabowsky, Ronald J Kramer, Seth L Kaplan and W Christopher Durborow. 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 Gamco Investors INC. ET AL, Bridgeway Capital Management Inc., Engineers Gate Manager LP, Dimensional Fund Advisors LP, Credit Suisse AG, SG Americas Securities LLC and Prudential Financial Inc.. View Insider Buying and Selling for Griffon.
Which major investors are buying Griffon stock?
GFF stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Monarch Partners Asset Management LLC, Vanguard Group Inc., Royce & Associates LP, First Trust Advisors LP, Marshall Wace North America L.P. and BlueMountain Capital Management LLC. Company insiders that have bought Griffon stock in the last two years include Brian G Harris, Cheryl L Turnbull, Henry A Alpert, Louis J Grabowsky, Ronald J Kramer, Seth L Kaplan and W Christopher Durborow. 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 $11.19.
How big of a company is Griffon?
Griffon has a market capitalization of $511.10 million and generates $1.98 billion in revenue each year. The conglomerate earns $125.67 million in net income (profit) each year or $0.76 on an earnings per share basis. Griffon employs 3,600 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.
