NYSE:GFF - Griffon Stock Price, News, & Analysis

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$13.17 +0.29 (+2.25 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$12.88
Today's Range$12.95 - $13.45
52-Week Range$9.65 - $23.55
Volume213,660 shs
Average Volume165,020 shs
Market Capitalization$583.37 million
P/E Ratio17.33
Dividend Yield2.30%
Beta1.57
Griffon Corporation, through its subsidiaries, engages in the home and building products, and defense electronics businesses primarily in the United States, Canada, Australia, the United Kingdom, Mexico, and China. The company's Home & Building Products segment manufactures and markets wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; residential and commercial garage doors to professional dealers and various home center retail chains; and rolling steel door and grille products designed for commercial, industrial, institutional, and retail uses, as well as long-handled tools and landscaping products for homeowners and professionals. Its Defense Electronics 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 formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation founded in 1959 and is headquartered in New York, New York.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.98 billion
Cash Flow$2.1311 per share
Book Value$10.40 per share

Profitability

Net Income$125.67 million

Miscellaneous

Employees3,600
Market Cap$583.37 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 declared a quarterly dividend on Wednesday, November 14th. Investors of record on Thursday, November 29th will be paid a dividend of $0.0725 per share on Thursday, December 20th. This represents a $0.29 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Wednesday, November 28th. This is an increase from Griffon's previous quarterly dividend of $0.07. View Griffon's Dividend History.

How will Griffon's stock buyback program work?

Griffon announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 1st 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 6.2% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

How were Griffon's earnings last quarter?

Griffon Co. (NYSE:GFF) posted its quarterly earnings data on Wednesday, November, 14th. The conglomerate reported $0.38 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.02. The conglomerate had revenue of $545.51 million for the quarter, compared to analysts' expectations of $590.58 million. Griffon had a return on equity of 6.94% and a net margin of 6.35%. During the same quarter last year, the company posted $0.36 EPS. View Griffon's Earnings History.

When is Griffon's next earnings date?

Griffon is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Griffon.

What price target have analysts set for GFF?

5 Wall Street analysts have issued 12 month price targets for Griffon's shares. Their forecasts range from $15.00 to $19.00. On average, they anticipate Griffon's share price to reach $17.50 in the next twelve months. This suggests a possible upside of 32.9% 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?

News headlines about GFF stock have trended positive on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Griffon earned a media sentiment score of 2.8 on InfoTrie's scale. They also assigned news coverage about the conglomerate a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Griffon's key competitors?

Who are Griffon's key executives?

Griffon's management team includes the folowing people:
  • Mr. Ronald J. Kramer, Chairman & CEO (Age 61)
  • Mr. Robert F. Mehmel, Pres, COO & Director (Age 57)
  • Mr. Brian G. Harris, Sr. VP & CFO (Age 50)
  • Mr. Seth L. Kaplan, Sr. VP, Gen. Counsel & Sec. (Age 50)
  • Mr. W. Christopher Durborow, VP, Controller & Chief Accounting Officer

Who are Griffon's major shareholders?

Griffon's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Nisa Investment Advisors LLC (0.03%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Griffon stock include Brian G Harris, Cheryl L Turnbull, Goldman Sachs Group Inc, 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 Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. 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 $13.17.

How big of a company is Griffon?

Griffon has a market capitalization of $583.37 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?

The official website for Griffon is http://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.


MarketBeat Community Rating for Griffon (NYSE GFF)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  148 (Vote Underperform)
Total Votes:  286
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.
This page was last updated on 1/19/2019 by MarketBeat.com Staff

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