Q2 Earnings Estimate for GVA Issued By DA Davidson

Granite Construction Incorporated (NYSE:GVA - Free Report) - Equities researchers at DA Davidson issued their Q2 2025 earnings per share estimates for Granite Construction in a note issued to investors on Friday, May 2nd. DA Davidson analyst B. Thielman expects that the construction company will post earnings per share of $1.77 for the quarter. The consensus estimate for Granite Construction's current full-year earnings is $5.49 per share.

Granite Construction (NYSE:GVA - Get Free Report) last released its earnings results on Thursday, May 1st. The construction company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.43) by $0.44. The company had revenue of $699.55 million during the quarter, compared to the consensus estimate of $706.15 million. Granite Construction had a return on equity of 20.67% and a net margin of 3.15%. The company's revenue was up 4.0% compared to the same quarter last year.

Granite Construction Price Performance

GVA stock opened at $81.00 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.56 and a current ratio of 1.66. The firm has a market cap of $3.54 billion, a P/E ratio of 32.79 and a beta of 1.26. The firm's fifty day moving average is $76.85 and its 200 day moving average is $85.86. Granite Construction has a 52 week low of $58.23 and a 52 week high of $105.20.

Granite Construction Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.64%. The ex-dividend date was Monday, March 31st. Granite Construction's dividend payout ratio is presently 21.05%.

Insider Buying and Selling

In other Granite Construction news, CEO Kyle T. Larkin sold 3,617 shares of the firm's stock in a transaction on Monday, April 28th. The shares were sold at an average price of $80.38, for a total value of $290,734.46. Following the sale, the chief executive officer now owns 132,366 shares of the company's stock, valued at $10,639,579.08. This trade represents a 2.66 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO James A. Radich sold 2,500 shares of the firm's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $87.14, for a total value of $217,850.00. Following the completion of the sale, the chief operating officer now directly owns 28,256 shares in the company, valued at $2,462,227.84. The trade was a 8.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,932 shares of company stock worth $896,979 in the last ninety days. 0.81% of the stock is owned by insiders.

Institutional Investors Weigh In On Granite Construction

Several institutional investors and hedge funds have recently modified their holdings of GVA. Federated Hermes Inc. bought a new position in Granite Construction in the fourth quarter worth about $26,000. Larson Financial Group LLC lifted its stake in shares of Granite Construction by 214.2% in the 1st quarter. Larson Financial Group LLC now owns 377 shares of the construction company's stock valued at $28,000 after purchasing an additional 257 shares during the period. Quarry LP grew its stake in Granite Construction by 68.4% in the fourth quarter. Quarry LP now owns 325 shares of the construction company's stock worth $29,000 after purchasing an additional 132 shares during the period. Rothschild Investment LLC raised its holdings in Granite Construction by 80.3% in the first quarter. Rothschild Investment LLC now owns 640 shares of the construction company's stock worth $48,000 after purchasing an additional 285 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Granite Construction by 26.5% during the 1st quarter. CWM LLC now owns 674 shares of the construction company's stock valued at $51,000 after buying an additional 141 shares in the last quarter.

About Granite Construction

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 of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.

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