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NYSE:GVA

Granite Construction (GVA) Stock Price, News & Analysis

Granite Construction logo
$82.82 -1.75 (-2.07%)
As of 01:03 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Granite Construction Stock (NYSE:GVA)

Key Stats

Today's Range
$82.82
$86.00
50-Day Range
$84.52
$94.70
52-Week Range
$48.11
$105.20
Volume
109,735 shs
Average Volume
566,031 shs
Market Capitalization
$3.60 billion
P/E Ratio
33.53
Dividend Yield
0.63%
Price Target
$67.00
Consensus Rating
Hold

Company Overview

Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in our construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, railways, residential development, and energy development; and provides construction management professional services. It serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.

Granite Construction Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
21st Percentile Overall Score

GVA MarketRank™: 

Granite Construction scored higher than 21% of companies evaluated by MarketBeat, and ranked 92nd out of 104 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Granite Construction has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Granite Construction has received no research coverage in the past 90 days.

  • Read more about Granite Construction's stock forecast and price target.
  • Earnings Growth

    Earnings for Granite Construction are expected to grow by 26.96% in the coming year, from $5.49 to $6.97 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Granite Construction is 33.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.35.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Granite Construction is 33.84, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 15.68.

  • Price to Book Value per Share Ratio

    Granite Construction has a P/B Ratio of 3.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Granite Construction's valuation and earnings.
  • Percentage of Shares Shorted

    10.99% of the float of Granite Construction has been sold short.
  • Short Interest Ratio / Days to Cover

    Granite Construction has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Granite Construction has recently increased by 7.22%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Granite Construction has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Granite Construction does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Granite Construction is 21.05%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Granite Construction will have a dividend payout ratio of 7.46% next year. This indicates that Granite Construction will be able to sustain or increase its dividend.

  • Read more about Granite Construction's dividend.
  • Percentage of Shares Shorted

    10.99% of the float of Granite Construction has been sold short.
  • Short Interest Ratio / Days to Cover

    Granite Construction has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Granite Construction has recently increased by 7.22%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Granite Construction has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Granite Construction this week, compared to 5 articles on an average week.
  • Search Interest

    Only 2 people have searched for GVA on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Granite Construction to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Granite Construction insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $217,850.00 in company stock.

  • Percentage Held by Insiders

    Only 0.81% of the stock of Granite Construction is held by insiders.

  • Read more about Granite Construction's insider trading history.
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GVA Stock News Headlines

Critical ‘Buy Now’ Alert on My Favorite Stock!
My absolute favorite stock just hit a critical "buy now" trigger price.
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Analysts Set Expectations for GVA Q1 Earnings
See More Headlines

GVA Stock Analysis - Frequently Asked Questions

Granite Construction's stock was trading at $87.71 at the start of the year. Since then, GVA stock has decreased by 4.7% and is now trading at $83.58.
View the best growth stocks for 2025 here
.

Granite Construction Incorporated (NYSE:GVA) announced its earnings results on Thursday, February, 13th. The construction company reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.42 by $0.19. The construction company earned $977.30 million during the quarter. Granite Construction had a net margin of 3.15% and a trailing twelve-month return on equity of 20.67%.

Top institutional investors of Granite Construction include Vanguard Group Inc. (11.15%), Millennium Management LLC (6.07%), Fuller & Thaler Asset Management Inc. (5.02%) and Dimensional Fund Advisors LP (4.08%). Insiders that own company stock include Kyle T Larkin, James A Radich, Michael G Tatusko and Bradley Jay Williams.
View institutional ownership trends
.

Shares of GVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Granite Construction investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 1/15 Dividend
12/31/2024
Dividend Payable
1/15/2025
Last Earnings
2/13/2025
Today
2/21/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
CUSIP
38732810
Employees
2,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.00
High Stock Price Target
$70.00
Low Stock Price Target
$64.00
Potential Upside/Downside
-19.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$126.35 million
Pretax Margin
4.90%

Debt

Sales & Book Value

Annual Sales
$4.01 billion
Cash Flow
$7.59 per share
Book Value
$24.85 per share

Miscellaneous

Free Float
43,083,000
Market Cap
$3.63 billion
Optionable
Optionable
Beta
1.42

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This page (NYSE:GVA) was last updated on 2/21/2025 by MarketBeat.com Staff
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