S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
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S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
NYSE:GFF

Griffon (GFF) Stock Price, News & Analysis

$66.55
-0.15 (-0.22%)
(As of 04/16/2024 ET)
Today's Range
$65.41
$66.89
50-Day Range
$60.19
$74.45
52-Week Range
$25.97
$75.18
Volume
255,854 shs
Average Volume
386,834 shs
Market Capitalization
$3.39 billion
P/E Ratio
49.66
Dividend Yield
0.90%
Price Target
$64.67

Griffon MarketRank™ Stock Analysis

Analyst Rating
Strong Buy
3.50 Rating Score
Upside/​Downside
2.8% Downside
$64.67 Price Target
Short Interest
Healthy
4.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
0.73mentions of Griffon in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$134,760 Sold Last Quarter
Proj. Earnings Growth
22.79%
From $4.52 to $5.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.43 out of 5 stars

Multi-Sector Conglomerates Sector

3rd out of 18 stocks

Metal Doors, Sash, & Trim Industry

1st out of 3 stocks

GFF stock logo

About Griffon Stock (NYSE:GFF)

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. The company operates through two segments: Home and Building Products, and Consumer and Professional Products. The Home and Building Products segment manufactures and markets residential and commercial sectional garage doors, rolling steel service doors, fire doors, shutters, steel security grilles, and room dividers for the use in commercial construction and repair, and home remodeling applications. The segment also sells related products, such as garage door openers. The Consumer and Professional Products segment manufactures and markets long-handled engineered tools, including spades, hoes, cultivators, weeders, post hole diggers, scrapers, edgers and forks; wheelbarrows and lawn carts; snow tools comprising pushers, roof rakes, sled sleigh shovels, scoops, and ice scrapers; and pruning products, such as pruners, loppers, shears, and other tools. The segment also offers striking tools, including axes, picks, mattocks, mauls, wood splitters, sledgehammers, pry bars, and repair handles; traditional and gardening hand tools comprising hammers, screwdrivers, pliers, adjustable wrenches, handsaws, tape measures, levels, clamps, trowels, cultivators, weeders, and other hand tools; indoor and outdoor planters and lawn accessories; and garden hoses and hose reels. In addition, the segment provides home organization products, including wire and wood shelving, containers, storage cabinets, and other closet and home organization accessories; residential, industrial, and commercial fans; and cleaning products, such as brooms, brushes, squeegees, and other cleaning products. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.

GFF Stock Price History

GFF Stock News Headlines

GFF Quantitative Stock Analysis
Griffon (NYSE:GFF) Hits New 12-Month High at $74.67
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GFF Oct 2024 70.000 put
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Griffon Corp Director Jerome Coben Sells 2,000 Shares
Griffon Stock (NYSE:GFF), Short Interest Report
Taking A Gander At Griffon
Griffon Gastropub's beer empire grows with new brewery
Griffon (GFF) Suffered from Poor Investor Perception
Are Conglomerates Stocks Lagging Griffon (GFF) This Year?
GFF Jul 2024 30.000 call
GFF Mar 2024 60.000 put
Griffon Corp Director Cheryl Turnbull Sells 5,000 Shares
See More Headlines
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Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 3/21 Dividend
2/28/2024
Dividend Payable
3/21/2024
Today
4/16/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Metal doors, sash, & trim
Sub-Industry
Building Products
CUSIP
39843310
Employees
5,700
Year Founded
1959

Price Target and Rating

Average Stock Price Target
$64.67
High Stock Price Target
$82.00
Low Stock Price Target
$37.00
Potential Upside/Downside
-3.0%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$77.62 million
Pretax Margin
3.91%

Debt

Sales & Book Value

Annual Sales
$2.69 billion
Cash Flow
$7.71 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
42,744,000
Market Cap
$3.40 billion
Optionable
Optionable
Beta
1.41

Social Links

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Key Executives

  • Mr. Ronald J. Kramer (Age 66)
    Chairman of the Board & CEO
    Comp: $10.68M
  • Mr. Robert F. Mehmel (Age 62)
    President & COO
    Comp: $3.58M
  • Mr. Brian G. Harris (Age 55)
    Senior VP & CFO
    Comp: $1.61M
  • Mr. Seth L. Kaplan (Age 55)
    Senior VP, General Counsel & Secretary
    Comp: $1.55M
  • Mr. W. Christopher Durborow
    VP & Chief Accounting Officer
  • Mr. Michael W. Hansen
    Vice President of Corporate Strategy & Development
  • Mr. Michael A. Sarrica
    Senior Vice President of Operations
  • David Sweet
    Vice President of Sustainability
  • Mr. Victor L. Weldon
    President of Clopay Building Products

GFF Stock Analysis - Frequently Asked Questions

Should I buy or sell Griffon stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Griffon in the last twelve months. 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.

What is Griffon's stock price target for 2024?

2 brokerages have issued 12 month target prices for Griffon's shares. Their GFF share price targets range from $37.00 to $82.00. On average, they expect the company's share price to reach $64.67 in the next year. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for GFF
or view top-rated stocks among Wall Street analysts.

How have GFF shares performed in 2024?

Griffon's stock was trading at $60.95 at the beginning of 2024. Since then, GFF stock has increased by 9.1% and is now trading at $66.52.
View the best growth stocks for 2024 here
.

Are investors shorting Griffon?

Griffon saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,190,000 shares, a decline of 10.2% from the March 15th total of 2,440,000 shares. Based on an average trading volume of 393,300 shares, the days-to-cover ratio is currently 5.6 days. Approximately 4.9% of the shares of the stock are short sold.
View Griffon's Short Interest
.

When is Griffon's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our GFF earnings forecast
.

How were Griffon's earnings last quarter?

Griffon Co. (NYSE:GFF) announced its quarterly earnings data on Wednesday, February, 7th. The conglomerate reported $1.07 EPS for the quarter, topping the consensus estimate of $0.78 by $0.29. The conglomerate earned $643.20 million during the quarter, compared to the consensus estimate of $595.87 million. Griffon had a trailing twelve-month return on equity of 72.80% and a net margin of 2.65%. Griffon's quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 earnings per share.

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

Griffon declared a quarterly dividend on Wednesday, February 7th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.15 per share on Thursday, March 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for GFF
.

Is Griffon a good dividend stock?

Griffon (NYSE:GFF) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.89%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 44.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GFF will have a dividend payout ratio of 10.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GFF.

How will Griffon's stock buyback program work?

Griffon announced that its board has initiated a share buyback plan on Wednesday, November 15th 2023, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

What other stocks do shareholders of Griffon own?

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).

Who are Griffon's major shareholders?

Griffon's stock is owned by many different institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.06%), Los Angeles Capital Management LLC (0.02%), Welch Group LLC (0.01%), GAMMA Investing LLC (0.00%) and PFS Partners LLC (0.00%). Insiders that own company stock include James W Sight and Louis J Grabowsky.
View institutional ownership trends
.

How do I buy shares of Griffon?

Shares of GFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Griffon have any subsidiaries?
The following companies are subsidiares of Griffon: 1346039 Alberta ULC, AMES Australasia Pty Ltd., ATT Southern LLC, Altia Holdings Limited, Ames New Zealand Ltd., Ames True Temper Australia Pty Ltd., Apta, CC Installation Company Inc., Clopay Ames Holding Corp., Clopay Ames Inc., Clopay Ames LLC, Clopay Corporation, ClosetMaid, ClosetMaid (Jiangmen) Storage Limited, ClosetMaid LLC, ClosetMaid Reynosa S. de R.L. de C.V., Comercializadora ClosetMaid S. de R.L. de C.V., Cornell Real Estate Holdings LLC, Cornell Storefront Systems Inc., CornellCookson, CornellCookson LLC, Garant GP, Griffon Australia Holdings PTY Ltd, Gritel Holding Company Inc., Harper Brush Works Inc, Hunter Fan Company, Kelkay, Kelkay Limited, La Hacienda Limited, Northcote Imports Pty Ltd., Northcote Pots Australia Pty Ltd., Quatro, Quatro Design Pty Ltd, Systems Engineering Group Inc, Telephonics Corporation, The Ames Companies Inc., The Ames Companies UK Ltd., Tuscan Path, Vatre Group Limited, and Vatre Terracotta Limited.
Read More
This page (NYSE:GFF) was last updated on 4/16/2024 by MarketBeat.com Staff

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