Granite Construction Incorporated (GVA)
| Market Cap | 3.63B |
| Revenue (ttm) | 4.03B |
| Net Income (ttm) | 123.67M |
| Shares Out | 43.74M |
| EPS (ttm) | 2.58 |
| PE Ratio | 32.17 |
| Forward PE | 14.11 |
| Dividend | $0.52 (0.63%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 588,150 |
| Open | 80.75 |
| Previous Close | 81.15 |
| Day's Range | 80.41 - 83.14 |
| 52-Week Range | 58.23 - 105.20 |
| Beta | 1.34 |
| Analysts | Strong Sell |
| Price Target | 76.00 (-8.42%) |
| Earnings Date | May 1, 2025 |
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... [Read more]
Financial Performance
In 2024, Granite Construction's revenue was $4.01 billion, an increase of 14.20% compared to the previous year's $3.51 billion. Earnings were $126.35 million, an increase of 189.79%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GVA stock is "Strong Sell" and the 12-month stock price forecast is $76.0.
News
Granite Construction Incorporated (GVA) Q1 2025 Earnings Call Transcript
Granite Construction Incorporated (NYSE:GVA) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Mike Barker - Vice President of Investor Relations Kyle Larkin - President a...
Granite Reports First Quarter 2025 Results
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended March 31, 2025. First Quarter 2025 Results Net loss attributable to Gr...
Granite Publishes Annual Sustainability Report
WATSONVILLE, Calif.--(BUSINESS WIRE)--On Wednesday, April 30, Granite (NYSE:GVA) published its 2024 Sustainability Report, highlighting the company's efforts to create enduring value through social re...
Granite Enhances Roadside Safety with Upgrades to Coachella Valley Rest Area
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $38 million contract by the California Department of Transportation (Caltrans) to upgrade both eastbound and ...
Granite's Asphalt Guru Wins AGC Innovation of the Year Award
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) new AI learning platform, Granite Asphalt Guru, has been honored with the Associated General Contractors of America (AGC) Innovation of the Y...
Granite Construction: Continued Growth And Valuation Justify Optimism
Granite Construction remains a 'buy' due to its strong financial performance, attractive valuation, and management's optimistic outlook for 2025, despite the recent stock price decline. The company's ...
Announcing Granite's $80 Million Infrastructure Project in Forney, Texas
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $80 million contract by the Texas Department of Transportation (TxDOT) to upgrade a section of Farm to Market...
Granite Announces Timing of Earnings Release and Investor Conference Call
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended March 31, 2025, before the market opens on Thursday, May 1, 202...
Granite Earns VETS Indexes 4-Star Employer Award for 2025
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) has been recognized as a 4-Star Employer in the 2025 VETS Indexes Employer Awards, one of the program's highest disti...
Granite Declares Quarterly Dividend
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April ...
Granite Earns its Fifth Consecutive Early Talent Award from Handshake
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has secured Handshake's Early Talent Award (ETA) for the fifth consecutive year. This annual award celebrates the best employers for individual...
Granite Joint Venture Team Awarded $97 Million Military Infrastructure Project in Guam
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that the joint venture team comprised of Granite and Obayashi Corporation has been awarded an approximately $97 million contrac...
Granite Announces Caldwell Avenue Interchange Reconstruction Project on SR99 in Visalia, California
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $66 million contract by the California Department of Transportation (Caltrans) for an infrastructure project ...
Granite Construction Incorporated (GVA) Q4 2024 Earnings Call Transcript
Granite Construction Incorporated (NYSE:GVA) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Mike Barker – Vice President of Investor Relations Kyle Larkin – Presi...
Granite Reports Fourth Quarter and Fiscal Year 2024 Results
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Results Net income tot...
Granite's $78 Million Road Congestion Relief Project in Anaheim, California
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a $78 million infrastructure project by the California Department of Transportation (Caltrans) in Orange County, California. P...
Granite/Lehman-Roberts Leader Pat Nelson Elected 2025 NAPA Chairman
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Regional Vice President and President of Lehman-Roberts Company, Pat Nelson, has been elected National Asphalt Pavement Association's (NAPA) 20...
Granite Construction: Still Attractive On Growth And Margin Expansion
Granite Construction has shown strong financial performance, with significant revenue and profit growth, driven by favorable conditions and acquisitions. Despite impressive gains, the stock is nearing...
Granite Announces $88 Million Highway Safety Enhancement Project Near Lake Elsinore, California
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $88 million contract by the California Department of Transportation (Caltrans) to improve a section of Ortega...
Granite Announces $71 Million Rail Yard Expansion Project at Fort Bliss, Texas
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $71 million contract by the United States Army Corps of Engineers to expand and update the rail yard at Fort ...
Granite's Pat Kelly Elected President of AGC of California for 2025
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Vice President of Operational Excellence, Pat Kelly, has been elected president of the Associated General Contractors (AGC) of California for t...
Granite Named One of Newsweek's America's Most Responsible Companies for the Third Consecutive Year
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been listed by Newsweek as one of America's Most Responsible Companies in 2025. Newsweek and Statista Inc., the world-leading statistics po...
Granite Construction: Infrastructure Spending And An Upgraded Business Model
I'm into infrastructure, and not just data centers for AI. Our road and transportation systems remain awful, and I want to invest in companies that get paid to fix it. Granite Construction is close to...
Granite Announces Phase 1 of the $425 Million Mosaic Quarter Development in Tucson, Arizona
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that it has been awarded the civil scope of work for Phase 1 of the Mosaic Quarter project, an approximately $27 million subcontract ...
Granite Construction Incorporated (GVA) Q3 2024 Earnings Call Transcript
Granite Construction Incorporated (NYSE:GVA) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Mike Barker - Vice President-Investor Relations Kyle Larkin - President...