Griffin Industrial Realty (GRIF) Earns News Sentiment Score of 0.03
Media coverage about Griffin Industrial Realty (NASDAQ:GRIF) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news 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 nearest to one being the most favorable. Griffin Industrial Realty earned a daily sentiment score of 0.03 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.7073372700345 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, TheStreet downgraded shares of Griffin Industrial Realty from a “b-” rating to a “c+” rating in a research report on Monday, October 23rd.
Shares of Griffin Industrial Realty (NASDAQ:GRIF) traded down $0.03 during midday trading on Monday, hitting $37.13. 1,639 shares of the stock were exchanged, compared to its average volume of 5,162. Griffin Industrial Realty has a 1 year low of $27.57 and a 1 year high of $37.20. The firm has a market cap of $185.84, a P/E ratio of 29.26 and a beta of 1.18.
Griffin Industrial Realty (NASDAQ:GRIF) last posted its quarterly earnings data on Tuesday, October 10th. The financial services provider reported $0.26 earnings per share for the quarter. The company had revenue of $9.95 million for the quarter. Griffin Industrial Realty had a net margin of 14.22% and a return on equity of 7.03%.
In related news, SVP Thomas M. Lescalleet sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $35.80, for a total value of $89,500.00. Following the transaction, the senior vice president now directly owns 2,488 shares in the company, valued at $89,070.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Susan Cullman sold 10,000 shares of the company’s stock in a transaction that occurred on 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 owns 1,000 shares in the company, valued at $36,150. The disclosure for this sale can be found here. 29.20% of the stock is currently owned by corporate insiders.
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.
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