Granite Construction Incorporated (GVA)
| Market Cap | 1.50B |
| Revenue (ttm) | 2.89B |
| Net Income (ttm) | 63.35M |
| Shares Out | 45.36M |
| EPS (ttm) | 1.38 |
| PE Ratio | 24.01 |
| Forward PE | 17.92 |
| Dividend | $0.52 (1.57%) |
| Ex-Dividend Date | Mar 30, 2022 |
| Volume | 186,109 |
| Open | 32.70 |
| Previous Close | 32.55 |
| Day's Range | 32.70 - 33.36 |
| 52-Week Range | 27.84 - 44.31 |
| Beta | 1.41 |
| Analysts | Buy |
| Price Target | 45.08 (+36.2%) |
| Earnings Date | Apr 28, 2022 |
About GVA
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer 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. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industr...
Financial Performance
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for GVA stock is "Buy." The 12-month stock price forecast is 45.08, which is an increase of 36.23% from the latest price.
News
Granite Wins Third Segment of I-40 Median Fill Project
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #100YearsOfGranite--Granite (NYSE:GVA) announced today that it has secured the contract for Segment Five of the I-40 Median Fill PM 100-125 in San Bernardino Count...
Granite Construction (GVA) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now
Granite Construction (GVA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement am...
Granite Publishes Annual Sustainability Report Reflecting on 100-Year History
WATSONVILLE, Calif.--(BUSINESS WIRE)--On Friday, May 6, Granite (NYSE:GVA) published its 2021 Sustainability Report, highlighting the company's advancement on environmental, social, and governance (ESG)...
Granite Wins More Work in Guam with $36 Million Navy Contract
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the approximately $36 million Navy-Commercial Tie-In Hardening (P661) project ...
Granite Announces $50 Million Accelerated Share Repurchase Program
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced that it has entered into an agreement to repurchase $50 million of its common stock in an accelerated ...
Granite Reports First Quarter 2022 Results
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended March 31, 2022. First Quarter 2022 Results Net loss from continuing oper...
Granite Announces Timing of Earnings Release and Investor Conference Call
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release first quarter financial results on Thursday, April 28, 2022, before the market opens. The Company will ho...
CORRECTING and REPLACING GARCO Testing Laboratory Joins California Green Business Network
WATSONVILLE, Calif.--(BUSINESS WIRE)--Second paragraph, first sentence of release should read: GARCO Testing Laboratories offers material design and quality testing services. (instead of GARCO Testing L...
GARCO Testing Laboratory Joins California Green Business Network
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that GARCO's San Jose Testing Laboratory recently joined the California Green Business Network. The testing facility functions as...
Granite's Derby Dam Fish Screen Wins More Recognition
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite's (NYSE:GVA) construction of the Derby Dam Fish Screen near McCarran, Nevada continues to win accolades with the recent award ...
Granite Secures $20 Million Road Improvement Contract in Chandler, Arizona
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today it has been awarded a major road improvement project by the City of Chandler, Arizona. The approxim...
Granite Secures $75 Million Roadway Project in Las Vegas
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the approximately $75 million contract for the I-515 and Charleston Boulev...
Granite Announces Completion of the Inliner Sale
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced the close of the sale of its trenchless and pipe rehabilitation services business (“Inliner”) to Inlan...
Granite Bridge Replacement Project Wins Award from the Associated General Contractors of California
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--On Friday, March 11th, Granite (NYSE:GVA) received an AGC of California Constructor Award. The Constructor Awards program “recognizes ...
Granite Secures $22 Million Metrolink Station Expansion Project
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today the approval and award of the approximately $22 million contract for the Moreno Valley/March Field ...
Granite Awarded $32 Million Highway Realignment in California
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) has been selected for the State Route 20 Omega Curve Realignment project in Nevada County, California. The project ...
Granite Removes Large Boulder Blocking Popular Route to Lake Tahoe
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite's (NYSE:GVA) Nevada Region responded to a roadway emergency on US Highway 50 near Echo Summit where a gigantic boulder slid, b...
Granite Reports Fourth Quarter and Fiscal Year 2021 Results
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE:GVA) today announced results for the fourth quarter and year ended December 31, 2021. Fiscal Year 2021 Results Fiscal year 2...
Granite Secures $23.8 Million Award for North Texas Watershed Upgrades
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced the award of three contracts totaling approximately $23.8 million by Ellis-Prairie Soil and Water Conserv...
Granite to Operate Anderson Rock Quarry at DTG Sustainability Park
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) and DTG Recycle today announced the execution of an agreement for Granite to operate the Anderson Rock Quarry at th...
Granite's Salinas Asphalt Facility Latest to be Certified Green Business
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) is proud to announce that the Salinas Asphalt Facility has been certified as a Green Business by Monterey County an...
Granite Receives NAPA Recognition – 72 Awards and Commendations
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) has received 72 awards and commendations from the National Asphalt Pavement Association (NAPA), recognizing the com...
Granite's Alaska Region Receives Major Safety Award
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced that its Alaska Region received the Associated General Contractors of Alaska's 2021 ConocoPhillips Excell...
Granite Joint Venture Secures $155 Million Progressive Design Build Project in Utah
WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today that Sand Ridge Constructors, a joint venture of Granite and W.W. Clyde & Co., has been awarded the...
Granite Declares Quarterly Dividend
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The divi...