GRIF - Griffin Industrial Realty, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
39.30
+0.27 (+0.69%)
At close: 4:00PM EST
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Previous Close39.03
Open38.20
Bid39.30 x 900
Ask44.19 x 1400
Day's Range39.19 - 39.99
52 Week Range27.98 - 41.00
Volume2,549
Avg. Volume9,973
Market Cap199.354M
Beta (3Y Monthly)0.74
PE Ratio (TTM)32.67
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.50 (1.28%)
Ex-Dividend Date2019-12-05
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Griffin Announces 2019 Annual Dividend

    Prospectively, Griffin expects to continue to consider the payment of an annual dividend late in the fiscal year based on that fiscal year’s results and cash flows and Griffin’s estimated future cash requirements. This Press Release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Griffin believes that its plans, intentions and expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such plans, intentions or expectations will be achieved.

  • GlobeNewswire

    Griffin Announces Closing on Building Acquisition

    Griffin Industrial Realty, Inc. (GRIF) (“Griffin”) announced that it closed on the acquisition (the “Acquisition”) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the “Orlando Building”), Griffin’s first property in the Orlando area. Griffin financed the Acquisition using its new line of credit for acquisitions and cash on hand and expects to obtain a long-term mortgage loan on the Orlando Building.

  • GlobeNewswire

    Griffin Announces Closing on Land Purchase

    Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) today announced that it closed on the purchase of an approximately 14 acre parcel of undeveloped land in the Lehigh Valley of Pennsylvania (the “Lehigh Valley Land”). Griffin paid cash of $1.85 million for the Lehigh Valley Land using a portion of the proceeds from the $7.7 million sale in May 2019 of approximately 280 acres of undeveloped land that were being held in escrow for a like-kind exchange under Section 1031 of the Internal Revenue Code of 1986, as amended. Griffin expects to begin construction, on speculation, of an approximately 100,000 square foot industrial/warehouse building on the Lehigh Valley Land in the first half of 2020.

  • GlobeNewswire

    Griffin Announces Agreement for Building Acquisition

    Griffin Industrial Realty, Inc. (GRIF) (“Griffin”) announced that it recently entered into a purchase and sale agreement for an acquisition (the “Acquisition”) of an approximately 100,000 square foot fully leased industrial/warehouse building in Orlando, Florida (the “Orlando Building”). This Acquisition would be Griffin’s first property in the Orlando area. Griffin intends to finance the purchase of the Orlando Building using its new line of credit for acquisitions and cash on hand.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 Third Quarter Results

    NEW YORK, Oct. 09, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue for the three months ended August 31, 2019 (the “2019 third.

  • GlobeNewswire

    Griffin Announces New Line of Credit for Acquisitions and Extension of Revolving Credit Line

    Griffin Industrial Realty, Inc. (GRIF) (“Griffin”) announced today that it entered into a new $15.0 million line of credit (the “Acquisition Credit Line”) with Webster Bank, N.A. (“Webster Bank”) to provide financing for real estate acquisitions. The Acquisition Credit Line is unsecured, expires on September 30, 2021, and may be used to fund up to 65% of the purchase price of real estate acquisitions. Interest on advances under the Acquisition Credit Line are at the one-month LIBOR rate plus 2.75%.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 Third Quarter Leasing

    Griffin Industrial Realty, Inc. (GRIF) (“Griffin”) announced that in the three months ended August 31, 2019 (the “2019 third quarter”) it executed two new leases totaling approximately 87,000 square feet of previously vacant industrial/warehouse space and extended several leases with existing tenants totaling approximately 120,000 square feet of industrial/warehouse and office/flex space. Griffin’s two new leases included the lease of (i) approximately 64,000 square feet in 6975 Ambassador Drive, an approximately 134,000 square foot industrial/warehouse building in the Lehigh Valley of Pennsylvania that was built on speculation and completed in the fiscal 2018 fourth quarter and (ii) approximately 23,000 square feet of industrial/warehouse space that was entered into in connection with the tenant’s lease renewal and expansion in one of Griffin’s buildings in New England Tradeport (“NE Tradeport”), Griffin’s industrial park located in Windsor and East Granby, Connecticut.

  • GlobeNewswire

    Griffin Announces Closings on Land Purchases

    Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) today announced that it closed on the purchases of two adjoining parcels of undeveloped land aggregating approximately 44 acres (the “Mecklenburg Land”) in Mecklenburg County, North Carolina, located in the greater Charlotte area. Griffin paid cash of approximately $5.6 million for the Mecklenburg Land using a portion of the proceeds from the $7.7 million sale in May 2019 of approximately 280 acres of undeveloped land that were being held in escrow for a like-kind exchange under Section 1031 of the Internal Revenue Code of 1986, as amended. Griffin has obtained most of the governmental approvals required for its planned construction of three industrial/warehouse buildings aggregating approximately 500,000 square feet on the Mecklenburg Land and anticipates obtaining the remaining approvals in the near future.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 Second Quarter Results

    NEW YORK, July 09, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $17,081,000 and $26,384,000 for the three months ended May 31,.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 Second Quarter Leasing

    NEW YORK, June 06, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended May 31, 2019 (the “2019 second quarter”) a tenant.

  • GlobeNewswire

    Griffin Announces Closing on Land Sale

    Griffin Industrial Realty, Inc. (GRIF) (“Griffin”) today announced that it closed on the previously announced sale of approximately 280 acres of undeveloped land in Simsbury, Connecticut for approximately $7.7 million in cash, before transaction costs. At closing, the sale proceeds were placed in escrow for the potential purchase of a replacement property (or properties) under a like-kind exchange under Section 1031 of the Internal Revenue Code of 1986, as amended. If a Section 1031 like-kind exchange is not completed, the escrowed funds would be returned to Griffin.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 First Quarter Results

    NEW YORK, April 08, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $9,303,000 for the three months ended February 28, 2019 (the.

  • GlobeNewswire

    Griffin Announces Fiscal 2019 First Quarter Leasing

    NEW YORK, March 12, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that it leased approximately 7,000 square feet of previously vacant office/flex.

  • GlobeNewswire

    Griffin Announces Fiscal 2018 Fourth Quarter and Fiscal 2018 Full Year Results

    NEW YORK, Feb. 12, 2019 -- Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) reported total revenue of $8,403,000 and $33,800,000 for the three months ended November.