Griffon - GFF Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" GFF shares.
View GFF analyst ratings or view top-rated stocks.

2 Wall Street research analysts have issued 1-year target prices for Griffon's shares. Their GFF share price forecasts range from $40.00 to $44.00. On average, they predict the company's share price to reach $42.00 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price.
View analysts price targets for GFF or view top-rated stocks among Wall Street analysts.

Griffon's stock was trading at $28.48 at the beginning of the year. Since then, GFF shares have increased by 11.1% and is now trading at $31.63.
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Griffon saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,120,000 shares, an increase of 20.0% from the June 30th total of 933,500 shares. Based on an average daily volume of 523,700 shares, the short-interest ratio is presently 2.1 days. Currently, 2.9% of the shares of the stock are sold short.
View Griffon's Short Interest.

Griffon is scheduled to release its next quarterly earnings announcement on Tuesday, November 15th 2022.
View our GFF earnings forecast.

Griffon Co. (NYSE:GFF) issued its earnings results on Tuesday, November, 16th. The conglomerate reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.05. The conglomerate had revenue of $570.20 million for the quarter, compared to the consensus estimate of $677.02 million. Griffon had a net margin of 8.90% and a trailing twelve-month return on equity of 21.06%. The company's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS.

Griffon declared a quarterly dividend on Thursday, July 28th. Investors of record on Thursday, August 18th will be paid a dividend of $0.09 per share on Thursday, September 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Wednesday, August 17th.
Read our dividend analysis for GFF.

Griffon (NYSE:GFF) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.17%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GFF will have a dividend payout ratio of 9.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GFF.

Based on aggregate information from My MarketBeat watchlists, some companies that other Griffon investors own include Etsy (ETSY), AbbVie (ABBV), Ford Motor (F), NVIDIA (NVDA), QUALCOMM (QCOM), Trade Desk (TTD), VBI Vaccines (VBIV), Advanced Micro Devices (AMD), Skyworks Solutions (SWKS) and Verizon Communications (VZ).

Griffon trades on the New York Stock Exchange (NYSE) under the ticker symbol "GFF."

Griffon's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (3.74%), Royce & Associates LP (0.98%), Peregrine Capital Management LLC (0.89%), Rock Creek Group LP (0.79%), Smith Graham & Co. Investment Advisors LP (0.53%) and ProShare Advisors LLC (0.48%). Insiders that own company stock include Henry A Alpert, Jerome L Coben, Kevin F Sullivan, Louis J Grabowsky and Seth L Kaplan.
View institutional ownership trends.

Shares of GFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GFF stock can currently be purchased for approximately $31.63.

Griffon (NYSE:GFF) has a market capitalization of $1.80 billion and generates $2.27 billion in revenue each year. The conglomerate earns $79.21 million in net income (profit) each year or $4.49 on an earnings per share basis.

Griffon employs 6,700 workers across the globe.

Griffon's mailing address is 712 FIFTH AVENUE 18th Floor, NEW YORK NY, 10019. The official website for the company is www.griffon.com. The conglomerate can be reached via phone at (212) 957-5000, via email at ir@griffon.com, or via fax at 212-957-5040.