
Griffon Corp
Griffon Corporation is a diversified management and holding company that operates through its wholly-owned subsidiaries. The business is organised into two primary segments: Home and Building Products (HBP) and Consumer and Professional Products (CPP). The HBP segment, led by its Clopay brand, is a prominent manufacturer of garage and rolling steel doors in North America, serving both residential and commercial markets. The CPP segment offers a wide array of goods, from tools and fans to home storage solutions, under a portfolio of well-known brands including AMES, Hunter, True Temper, and ClosetMaid. This structure gives Griffon a broad footprint across different areas of the consumer and home improvement markets. Investors might find its collection of established brands and market presence an interesting area to explore, keeping in mind that the performance of diversified companies can be influenced by various economic factors.
Stock Performance Snapshot
Analyst Rating
Analysts strongly recommend buying Griffon Corp's stock, expecting it to reach a higher price soon.
Financial Health
Griffon Corp is producing solid profits and cash flow, indicating robust financial health and stability.
Dividend
Griffon Corp's dividend yield of 0.95% is considered below average, which may not appeal to income-focused investors. If you invested $1000, you would be paid $9.50 a year in dividends (based on the last 12 months).
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Why You’ll Want to Watch This Stock
A Portfolio of Big Brands
Griffon owns household names like Clopay garage doors, AMES tools, and ClosetMaid storage, giving it diverse exposure. This diversification is worth watching, though performance across brands can vary.
Building on Home Trends
With a strong focus on home and building products, the company's performance is often linked to the housing and renovation markets. Investors may watch these trends to understand potential opportunities and risks.
Analyst Perspectives
Some financial analysts have noted the company's operational performance and outlook. It's always wise to remember that analyst ratings are opinions, not guarantees of future returns.
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