Granite Construction Incorporated (GVA)
| Market Cap | 4.04B |
| Revenue (ttm) | 4.03B |
| Net Income (ttm) | 123.67M |
| Shares Out | 43.74M |
| EPS (ttm) | 2.58 |
| PE Ratio | 36.24 |
| Forward PE | 16.40 |
| Dividend | $0.52 (0.56%) |
| Ex-Dividend Date | Jun 30, 2025 |
| Volume | 619,483 |
| Open | 93.68 |
| Previous Close | 93.49 |
| Day's Range | 92.13 - 93.99 |
| 52-Week Range | 63.37 - 105.20 |
| Beta | 1.33 |
| Analysts | Strong Sell |
| Price Target | 76.00 (-17.85%) |
| Earnings Date | Jul 31, 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 Summary
According to one analyst, the rating for GVA stock is "Strong Sell" and the 12-month stock price target is $76.0.
News
Granite Awarded $111 Million Utah DOT Project in Salt Lake City
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a $111 million contract by the Utah Department of Transportation (UDOT) for a major infrastructure project in Sal...
Announcing Granite's CM/GC Rehabilitation and Construction Project at SFO
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its Construction Manager/General Contractor (CM/GC) project with San Francisco International Airport (SFO) for the Runway 1R-19L Reha...
Granite Construction Offers Compelling Upside Thanks To Growth Plans
Granite Construction continues to deliver strong growth and remains attractively valued, outperforming the S&P 500 since my initial 'buy' rating. Recent results show revenue growth across both segment...
Granite to Expand Southern Nevada Water Infrastructure with Addition of Rice Pumping Station
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is proud to announce its continued collaboration with the Southern Nevada Water Authority (SNWA) and Contri Construction Company through the aw...
Granite and JV Partner Advance Southern Nevada Water Infrastructure with Paradise Hills CMAR Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA), in partnership with Contri Construction Company, is pleased to announce the formation of Southern Nevada Construction Partners (SNCP), a joint...
Granite Selected for Tahoe Cedars Water Reconstruction Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been selected by the Tahoe City Public Utility District (TCPUD) for the approximately $3 million preconstruction portion of the Tahoe Cedar...
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 July 1...
Granite's Brunswick Facility to Support East William Street Complete Project in Carson City
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a contract valued at approximately $21 million by Carson City, Nevada to enhance the city's transportation network. Project fu...
Granite Announces San Francisco International Airport Rehabilitation Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $26 million contract by the San Francisco International Airport (SFO) to upgrade Taxiway Z and a portion of T...
Granite Awarded First Phase of CMGC Contract in Alaska for Parks Highway Realignment
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a Federally funded $54 million contract to build the first of two construction phases under a Construction Manager/General Con...
Granite COO Announces Planned Retirement Date
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) Executive Vice President and Chief Operating Officer (COO) James A. “Jim” Radich announced that he will retire on Jul...
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 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...