Somewhat Positive News Coverage Likely to Affect Griffon Corporation (GFF) Share Price

News articles about Griffon Corporation (NYSE:GFF) have trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Griffon Corporation earned a news impact score of 0.10 on AlphaOne’s scale. AlphaOne also gave media stories about the conglomerate an impact score of 66 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the immediate future.

Insider Buying and Selling by Quarter for Griffon Corporation (NYSE:GFF)

Griffon Corporation (NYSE:GFF) traded up 0.21% on Friday, hitting $23.35. 137,320 shares of the company were exchanged. The stock has a 50 day moving average price of $22.84 and a 200 day moving average price of $24.29. Griffon Corporation has a one year low of $15.45 and a one year high of $27.15. The firm has a market cap of $963.82 million, a price-to-earnings ratio of 33.45 and a beta of 1.42.

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 22nd. Shareholders of record on Friday, May 26th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.03%. The ex-dividend date is Wednesday, May 24th. Griffon Corporation’s payout ratio is presently 31.17%.

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About Griffon Corporation

Griffon Corporation is a management and holding company that conducts business through its subsidiaries. The Company operates through three segments: Home & Building Products (HBP), Telephonics Corporation (Telephonics) and Clopay Plastic Products Company, Inc (PPC). The HBP segment consists of two companies: The AMES Companies, Inc (AMES) and Clopay Building Products Company, Inc (CBP).

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