Granite Construction Incorporated (GVA)

Market Cap	4.25B
Revenue (ttm)	3.96B
Net Income (ttm)	110.86M
Shares Out	43.71M
EPS (ttm)	2.18
PE Ratio	44.69
Forward PE	18.40
Dividend	$0.52 (0.53%)
Ex-Dividend Date	Sep 30, 2024

Volume	245,385
Open	97.95
Previous Close	97.52
Day's Range	95.96 - 97.95
52-Week Range	43.92 - 99.32
Beta	1.40
Analysts	Hold
Price Target	67.00 (-31.11%)
Earnings Date	Oct 31, 2024

About GVA

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...

• Industry: Engineering & Construction
• Sector: Industrials
• IPO Date: Apr 20, 1990
• Employees: 2,100
• Stock Exchange: NYSE
• Ticker Symbol: GVA
• Website: https://www.graniteconstruction.com

Financial Performance

In 2023, Granite Construction's revenue was $3.51 billion, an increase of 6.30% compared to the previous year's $3.30 billion. Earnings were $43.60 million, a decrease of -47.66%.

Analyst Forecast

According to 2 analysts, the average rating for GVA stock is "Hold." The 12-month stock price forecast is $67.0, which is a decrease of -31.11% from the latest price.

Price Target

$67.0

(-31.11% downside)

Analyst Consensus: Hold