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NYSE:GFFGriffon Stock Price, Forecast & News

$19.61
+0.90 (+4.81 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$18.50
Now: $19.61
$19.82
50-Day Range
$13.52
MA: $15.72
$18.52
52-Week Range
$9.15
Now: $19.61
$25.50
Volume161,567 shs
Average Volume154,556 shs
Market Capitalization$930.10 million
P/E Ratio19.90
Dividend Yield1.60%
Beta2.19
Griffon Corp. is a management and holding company, which engages in the direction and assistance to its subsidiaries. It operates through the Home and Building Products, and Defense Electronics segments. The Home and Building Products segment consists of two companies, which manufactures branded consumer and professional tools, landscaping products, and outdoor lifestyle solutions; and sells residential,and commercial garage doors. he Defense Electronics segment focuses on sophisticated intelligence, surveillance, and communications solutions for defense, aerospace, and commercial customers. The company was founded on May 18, 1959 and is headquartered in New York, NY.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.4Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.61 out of 5 stars


Industry, Sector and Symbol

Industry Metal doors, sash, & trim
Sub-IndustryBuilding Products
CUSIP39843310
Phone212-957-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.21 billion
Cash Flow$2.54 per share
Book Value$10.21 per share

Profitability

Net Income$37.29 million

Miscellaneous

Employees3,700
Market Cap$930.10 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Griffon (NYSE:GFF) Frequently Asked Questions

How has Griffon's stock been impacted by COVID-19 (Coronavirus)?

Griffon's stock was trading at $14.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GFF shares have increased by 36.5% and is now trading at $19.61. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Griffon?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Griffon.

When is Griffon's next earnings date?

Griffon is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Griffon.

How were Griffon's earnings last quarter?

Griffon Co. (NYSE:GFF) released its quarterly earnings results on Tuesday, April, 28th. The conglomerate reported $0.23 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.04. The conglomerate earned $566.35 million during the quarter, compared to the consensus estimate of $582.10 million. Griffon had a return on equity of 11.64% and a net margin of 1.82%. During the same period in the prior year, the firm posted $0.15 earnings per share. View Griffon's earnings history.

How often does Griffon pay dividends? What is the dividend yield for Griffon?

Griffon declared a quarterly dividend on Monday, April 27th. Investors of record on Thursday, May 21st will be paid a dividend of $0.075 per share on Thursday, June 18th. This represents a $0.30 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Wednesday, May 20th. 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 permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 6.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for GFF?

2 brokerages have issued 12 month price objectives for Griffon's shares. Their forecasts range from $24.00 to $24.00. On average, they anticipate Griffon's share price to reach $24.00 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View analysts' price targets for Griffon.

Has Griffon been receiving favorable news coverage?

Press coverage about GFF stock has been trending somewhat negative on Friday, InfoTrie reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 -1.9 on InfoTrie's scale. They also gave press coverage about the conglomerate a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutGriffon.

Who are some of Griffon's key competitors?

What other stocks do shareholders of Griffon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Griffon investors own include Ford Motor (F), VBI Vaccines (VBIV), AbbVie (ABBV), Gold Resource (GORO), IBM (IBM), Kimberly Clark (KMB), Las Vegas Sands (LVS), Ring Energy (REI), Ring Energy (REI) and SLM (SLM).

Who are Griffon's key executives?

Griffon's management team includes the following people:
  • Ronald J. Kramer, Chairman & Chief Executive Officer
  • Robert F. Mehmel, President, Chief Operating Officer & Director
  • Brian G. Harris, Chief Financial Officer & Senior Vice President
  • Seth L. Kaplan, Secretary, Senior Vice President & General Counsel
  • W. Christopher Durborow, Chief Accounting Officer, VP & Controller

What is Griffon's stock symbol?

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

Who are Griffon's major shareholders?

Griffon's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.68%), Gamco Investors INC. ET AL (10.11%), Gabelli Funds LLC (4.03%), State Street Corp (2.65%), Wells Fargo & Company MN (2.40%) and Geode Capital Management LLC (1.21%). Company insiders that own Griffon stock include Brian G Harris, Cheryl L Turnbull, Goldman Sachs Group Inc, Henry A Alpert, Kevin F Sullivan, Ronald J Kramer, Seth L Kaplan and W Christopher Durborow. View institutional ownership trends for Griffon.

Which institutional investors are selling Griffon stock?

GFF stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Morgan Stanley, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Two Sigma Advisers LP, UBS Group AG, Grantham Mayo Van Otterloo & Co. LLC, and Gamco Investors INC. ET AL. View insider buying and selling activity for Griffon.

Which institutional investors are buying Griffon stock?

GFF stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, ClariVest Asset Management LLC, 361 Capital LLC, Deutsche Bank AG, Strs Ohio, Geode Capital Management LLC, GSA Capital Partners LLP, and Virginia Retirement Systems ET AL. Company insiders that have bought Griffon stock in the last two years include Brian G Harris, Cheryl L Turnbull, Henry A Alpert, Kevin F Sullivan, Ronald J Kramer, Seth L Kaplan, and W Christopher Durborow. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Griffon's stock price today?

One share of GFF stock can currently be purchased for approximately $19.61.

How big of a company is Griffon?

Griffon has a market capitalization of $930.10 million and generates $2.21 billion in revenue each year. The conglomerate earns $37.29 million in net income (profit) each year or $1.08 on an earnings per share basis. Griffon employs 3,700 workers across the globe.

What is Griffon's official website?

The official website for Griffon is www.griffon.com.

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.

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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