Griffin Industrial Realty (NASDAQ:GRIF) released its quarterly earnings results on Wednesday. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $8.90 million for the quarter. Griffin Industrial Realty had a return on equity of 5.10% and a net margin of 11.62%.
GRIF stock opened at $36.86 on Thursday. The company has a market cap of $185.51 million, a P/E ratio of 38.49 and a beta of 0.74. Griffin Industrial Realty has a 1 year low of $27.98 and a 1 year high of $40.40. The stock’s fifty day moving average price is $36.89 and its 200-day moving average price is $36.89.
A number of research firms have recently issued reports on GRIF. TheStreet upgraded Griffin Industrial Realty from a “c” rating to a “b-” rating in a research note on Wednesday, August 14th. ValuEngine upgraded Griffin Industrial Realty from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.
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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