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Granite Construction Inc. (GVA)

Stock Price: $19.64 USD 0.64 (3.37%)
Updated Aug 10, 2020 11:51 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 917.99M
Revenue (ttm) 3.39B
Net Income (ttm) -105.38M
Shares Out 46.74M
EPS (ttm) -2.26
PE Ratio n/a
Forward PE 9.02
Dividend $0.52
Dividend Yield 2.65%

Stock Quote

Trading Day Aug 10, 2020
Last Price $19.64
Previous Close $19.00
Change ($) 0.64
Change (%) 3.37%
Day's Open 19.00
Day's Range 19.00 - 20.12
Day's Volume 140,751
52-Week Range 8.90 - 37.71

More Stats

Market Cap 917.99M
Enterprise Value 945.48M
Earnings Date (est) Oct 23, 2020
Ex-Dividend Date Jun 29, 2020
Shares Outstanding 46.74M
Float 46.21M
EPS (basic) -2.26
EPS (diluted) -2.26
FCF / Share -0.61
Dividend $0.52
Dividend Yield 2.65%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 6.06M
Short Ratio 13.12
Short % of Float 14.65%
Beta 1.44
PE Ratio n/a
Forward PE 9.02
P/FCF Ratio n/a
PS Ratio 0.27
PB Ratio 0.69
Revenue 3.39B
Operating Income -131.18M
Net Income -105.38M
Free Cash Flow -28.29M
Net Cash -27.49M
Net Cash / Share -0.59
Gross Margin 11.48%
Operating Margin -3.87%
Profit Margin -3.10%
FCF Margin -0.83%
ROA -2.76%
ROE -6.95%
ROIC -6.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 0
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$17.00*
Low
17.0
Current: $19.64
High
17.0
Target: 17.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2018201720162015201420132012201120102009
Revenue3,3182,9902,5152,3712,2752,2672,0832,0101,7631,963
Revenue Growth10.99%18.89%6.06%4.21%0.37%8.83%3.66%13.99%-10.21%-
Gross Profit389315301300240177235248178350
Operating Income64.0498.7292.3511065.10-54.6980.8499.27-109129
Net Income42.4169.1057.1260.4925.35-36.4245.2851.16-58.9873.50
Shares Outstanding43.5639.8039.5639.3439.1038.8038.4538.1237.8237.57
Earnings Per Share0.961.711.421.520.64-0.941.151.31-1.561.90
EPS Growth-43.86%20.42%-6.58%137.5%---12.21%---
Dividend Per Share0.520.520.520.520.520.520.520.520.520.52
Dividend Growth0%0%0%0%0%0%0%0%0%-
Operating Cash Flow86.3914673.1566.9843.145.3891.7992.3529.3264.30
Capital Expenditures-94.86-57.49-78.02-31.03-14.81-17.92-3.23-17.08-15.86-64.63
Free Cash Flow-8.4788.70-4.8835.9528.33-12.5488.5675.2713.46-0.32
Cash & Equivalents585549501503466442484428436449
Total Debt382225244259277278290251280304
Net Cash / Debt203325257243189164194178156145
Assets2,4771,8721,7331,6271,6001,6171,7291,5481,5361,710
Liabilities1,079879811757783831858720740827
Book Value1,352945886839794782830799761831
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Granite Construction Inc.
Country United States
Employees 7,000
CEO James Hildebrand Roberts

Stock Information

Ticker Symbol GVA
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Engineering & Construction
Unique Identifier NYSE: GVA
IPO Date April 20, 1990

Description

Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. The Water segment focuses on water-related construction and water management solutions, as well as provides trenchless cured-in-place pipe rehabilitation services. The Specialty segment constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, and power projects; and undertakes bid-build, design-build, and construction management/general contractor contracts. The Materials segment focuses on production of aggregates, asphalt, and construction related materials, as well as sanitary and storm water rehabilitation products, such as cured-in-place pipe felt and fiberglass-based lining tubes. The company also engages in the construction of streets, highways, mass transit facilities, trenchless and underground utilities, tunnels, dams, and other infrastructure-related projects. In addition, it performs site preparation and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company 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 founded in 1922 and is headquartered in Watsonville, California.