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

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$18.69 +0.12 (+0.65 %)
(As of 03/20/2019 09:01 AM ET)
Previous Close$18.57
Today's Range$18.55 - $18.88
52-Week Range$9.65 - $23.55
Volume306,024 shs
Average Volume233,531 shs
Market Capitalization$873.94 million
P/E Ratio24.59
Dividend Yield1.56%
Beta2.12
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$2.0538 per share
Book Value$10.40 per share

Profitability

Net Income$125.67 million

Miscellaneous

Employees3,600
Market Cap$873.94 million
Next Earnings Date5/2/2019 (Estimated)
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 Thursday, January 31st. Stockholders of record on Thursday, February 21st will be given a dividend of $0.0725 per share on Thursday, March 21st. This represents a $0.29 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Wednesday, February 20th. View Griffon's Dividend History.

How will Griffon's stock buyback program work?

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

How were Griffon's earnings last quarter?

Griffon Co. (NYSE:GFF) posted its earnings results on Thursday, January, 31st. The conglomerate reported $0.22 EPS for the quarter, beating the consensus estimate of $0.08 by $0.14. The conglomerate had revenue of $510.52 million for the quarter, compared to analyst estimates of $518.74 million. Griffon had a net margin of 5.04% and a return on equity of 8.25%. View Griffon's Earnings History.

When is Griffon's next earnings date?

Griffon is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Griffon.

What price target have analysts set for GFF?

5 Wall Street analysts have issued 1 year price targets for Griffon's shares. Their predictions range from $17.00 to $19.00. On average, they expect Griffon's stock price to reach $18.00 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. 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?

Media headlines about GFF stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Griffon earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news coverage about the conglomerate a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of Griffon's key competitors?

What other stocks do shareholders of Griffon own?

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 retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (11.67%), BlackRock Inc. (10.64%), Dimensional Fund Advisors LP (8.16%), Dimensional Fund Advisors LP (8.16%), Gabelli Funds LLC (4.59%) and Royce & Associates LP (2.11%). 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 institutional investors are selling Griffon stock?

GFF stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Monarch Partners Asset Management LLC, Gamco Investors INC. ET AL, GSA Capital Partners LLP, Shepherd Kaplan Krochuk LLC, Two Sigma Investments LP, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. View Insider Buying and Selling for Griffon.

Which institutional investors are buying Griffon stock?

GFF stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, BlackRock Inc., Bank of New York Mellon Corp, Norges Bank, Teton Advisors Inc., Gabelli Funds LLC, Geode Capital Management LLC and Geode 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 $18.69.

How big of a company is Griffon?

Griffon has a market capitalization of $873.94 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:  144 (Vote Outperform)
Underperform Votes:  154 (Vote Underperform)
Total Votes:  298
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 3/20/2019 by MarketBeat.com Staff

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