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NYSE:GVA

Granite Construction (GVA) Stock Price, News & Analysis

Granite Construction logo
$77.59 +1.39 (+1.82%)
Closing price 03:59 PM Eastern
Extended Trading
$77.70 +0.11 (+0.14%)
As of 05:32 PM Eastern
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About Granite Construction Stock (NYSE:GVA)

Key Stats

Today's Range
$77.35
$78.65
50-Day Range
$70.97
$94.70
52-Week Range
$52.99
$105.20
Volume
843,482 shs
Average Volume
579,331 shs
Market Capitalization
$3.37 billion
P/E Ratio
31.41
Dividend Yield
0.67%
Price Target
$70.00
Consensus Rating
Sell

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.

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Granite Construction Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
22nd Percentile Overall Score

GVA MarketRank™: 

Granite Construction scored higher than 22% of companies evaluated by MarketBeat, and ranked 92nd out of 105 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 Sell. The company's average rating score is 1.00, and is based on no buy ratings, 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 31.41, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Granite Construction is 31.41, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 16.33.

  • Price to Book Value per Share Ratio

    Granite Construction has a P/B Ratio of 3.12. 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

    10.15% 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 6.8.
  • Change versus previous month

    Short interest in Granite Construction has recently decreased by 11.18%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Granite Construction has a dividend yield of 0.68%, 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

    10.15% 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 6.8.
  • Change versus previous month

    Short interest in Granite Construction has recently decreased by 11.18%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Granite Construction has a news sentiment score of 1.08. 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 13 news articles for Granite Construction this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Granite Construction to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% 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 $382,989.00 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

Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Granite Declares Quarterly Dividend
See More Headlines

GVA Stock Analysis - Frequently Asked Questions

Granite Construction's stock was trading at $87.71 on January 1st, 2025. Since then, GVA shares have decreased by 11.5% and is now trading at $77.5880.
View the best growth stocks for 2025 here
.

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

Granite Construction's top institutional investors 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, Brian R Dowd 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
3/24/2025
Ex-Dividend for 4/15 Dividend
3/31/2025
Dividend Payable
4/15/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
Current Symbol
NYSE:GVA
Employees
3,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$70.00
High Stock Price Target
$70.00
Low Stock Price Target
$70.00
Potential Upside/Downside
-9.8%
Consensus Rating
Sell
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
31.41
Forward P/E Ratio
14.13
P/E Growth
N/A
Net Income
$126.35 million
Pretax Margin
4.90%

Debt

Sales & Book Value

Annual Sales
$4.01 billion
Cash Flow
$7.24 per share
Price / Cash Flow
10.72
Book Value
$24.85 per share
Price / Book
3.12

Miscellaneous

Free Float
43,083,000
Market Cap
$3.37 billion
Optionable
Optionable
Beta
1.34

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This page (NYSE:GVA) was last updated on 3/24/2025 by MarketBeat.com Staff
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