Griffin Industrial Realty (NASDAQ:GRIF) Posts Quarterly Earnings Results

Griffin Industrial Realty (NASDAQ:GRIF) released its quarterly earnings results on Wednesday. The financial services provider reported $0.20 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $8.90 million for the quarter. Griffin Industrial Realty had a net margin of 11.62% and a return on equity of 5.10%.

Shares of NASDAQ GRIF opened at $36.86 on Thursday. The firm has a market cap of $185.51 million, a price-to-earnings ratio of 38.49 and a beta of 0.74. Griffin Industrial Realty has a 52-week low of $27.98 and a 52-week high of $40.40. The business’s 50 day moving average is $36.89 and its two-hundred day moving average is $36.89.

Several research firms have recently commented on GRIF. ValuEngine raised shares of Griffin Industrial Realty from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. TheStreet raised shares of Griffin Industrial Realty from a “c” rating to a “b-” rating in a research report on Wednesday, August 14th.

Griffin Industrial Realty Company Profile

Griffin Industrial Realty, Inc develops, manages, and leases industrial and commercial properties in the United States. As of November 30, 2018, the company owned 37 buildings comprising 25 industrial/warehouse buildings, 11 office/flex buildings, and a restaurant building. It also owns real estate properties in the Hartford, Connecticut area; the Lehigh Valley of Pennsylvania; and the greater Charlotte, North Carolina area, as well as Connecticut, Massachusetts, and Florida.

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Earnings History for Griffin Industrial Realty (NASDAQ:GRIF)

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