Griffin Industrial Realty (GRIF) Given Coverage Optimism Rating of 0.08

Headlines about Griffin Industrial Realty (NASDAQ:GRIF) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Griffin Industrial Realty earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.4963205583825 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Separately, TheStreet cut shares of Griffin Industrial Realty from a “b-” rating to a “c+” rating in a research note on Monday, October 23rd.

Shares of Griffin Industrial Realty (GRIF) opened at $36.55 on Tuesday. Griffin Industrial Realty has a one year low of $27.57 and a one year high of $37.20. The firm has a market cap of $182.79, a PE ratio of 28.78 and a beta of 1.18.

Griffin Industrial Realty (NASDAQ:GRIF) last released its earnings results on Tuesday, October 10th. The financial services provider reported $0.26 earnings per share for the quarter. Griffin Industrial Realty had a net margin of 14.22% and a return on equity of 7.03%. The business had revenue of $9.95 million during the quarter.

In related news, SVP Thomas M. Lescalleet sold 2,500 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $35.80, for a total value of $89,500.00. Following the completion of the transaction, the senior vice president now owns 2,488 shares of the company’s stock, valued at $89,070.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Susan Cullman sold 10,000 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $36.15, for a total transaction of $361,500.00. Following the completion of the transaction, the insider now directly owns 1,000 shares of the company’s stock, valued at approximately $36,150. The disclosure for this sale can be found here. 29.20% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION NOTICE: This report was first reported by Markets Daily and is the property of of Markets Daily. If you are accessing this report on another publication, it was illegally stolen and republished in violation of US & international copyright and trademark legislation. The original version of this report can be accessed at https://www.themarketsdaily.com/2017/11/14/griffin-industrial-realty-grif-given-coverage-optimism-rating-of-0-08.html.

About Griffin Industrial Realty

Griffin Industrial Realty, Inc is engaged in real estate business. The Company is principally engaged in developing, managing and leasing industrial/warehouse properties and office/flex properties. As of November 30, 2016, the Company owned 33 buildings comprising approximately 3,297,000 square feet that was 93% leased.

Insider Buying and Selling by Quarter for Griffin Industrial Realty (NASDAQ:GRIF)

Receive News & Ratings for Griffin Industrial Realty Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Griffin Industrial Realty Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply