Q3 Earnings Estimate for GVA Issued By DA Davidson

Key Points

• DA Davidson has estimated Granite Construction's Q3 2025 earnings per share (EPS) to be $2.56, with the full-year estimate at $5.49.
• Granite Construction's stock was recently upgraded from a "hold" to a "buy" rating by Wall Street Zen, while Goldman Sachs increased its price target from $69.00 to $76.00 but maintains a "sell" rating.
• The company reported Q2 earnings of $1.93 per share, exceeding the consensus estimate of $1.77, with a revenue of $1.13 billion, though slightly below analysts' expectations of $1.16 billion.

Granite Construction Incorporated (NYSE:GVA - Free Report) - DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Granite Construction in a note issued to investors on Friday, August 8th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings per share of $2.56 for the quarter. The consensus estimate for Granite Construction's current full-year earnings is $5.49 per share. DA Davidson also issued estimates for Granite Construction's FY2025 earnings at $6.10 EPS and FY2026 earnings at $7.19 EPS.

A number of other equities analysts have also weighed in on GVA. Wall Street Zen upgraded shares of Granite Construction from a "hold" rating to a "buy" rating in a research report on Saturday. The Goldman Sachs Group boosted their price target on shares of Granite Construction from $69.00 to $76.00 and gave the stock a "sell" rating in a research note on Monday, May 5th.

Granite Construction Trading Up 5.1%

Shares of GVA opened at $106.04 on Monday. The firm has a market cap of $4.64 billion, a P/E ratio of 34.65 and a beta of 1.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.57 and a quick ratio of 1.45. Granite Construction has a 1 year low of $67.92 and a 1 year high of $107.66. The company has a 50 day simple moving average of $92.76 and a two-hundred day simple moving average of $85.31.

Granite Construction (NYSE:GVA - Get Free Report) last released its earnings results on Thursday, August 7th. The construction company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.16. Granite Construction had a return on equity of 21.64% and a net margin of 3.89%. The firm had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.16 billion. During the same quarter last year, the business posted $1.73 earnings per share. The firm's revenue was up 4.4% on a year-over-year basis.

Granite Construction Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, June 30th. Granite Construction's dividend payout ratio is 21.67%.

Insider Activity

In other news, SVP Brian R. Dowd sold 2,025 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $91.76, for a total transaction of $185,814.00. Following the completion of the transaction, the senior vice president directly owned 18,819 shares in the company, valued at approximately $1,726,831.44. This represents a 9.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Granite Construction

A number of hedge funds have recently bought and sold shares of the business. Intech Investment Management LLC grew its stake in shares of Granite Construction by 6.8% in the 2nd quarter. Intech Investment Management LLC now owns 48,863 shares of the construction company's stock worth $4,569,000 after buying an additional 3,132 shares in the last quarter. Creative Planning lifted its holdings in shares of Granite Construction by 40.8% in the 2nd quarter. Creative Planning now owns 17,345 shares of the construction company's stock valued at $1,622,000 after acquiring an additional 5,025 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Granite Construction by 8.0% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,229 shares of the construction company's stock worth $1,050,000 after acquiring an additional 835 shares in the last quarter. Empower Advisory Group LLC grew its position in Granite Construction by 2.0% in the second quarter. Empower Advisory Group LLC now owns 252,838 shares of the construction company's stock worth $23,643,000 after acquiring an additional 4,978 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey increased its stake in Granite Construction by 7.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 10,103 shares of the construction company's stock worth $945,000 after acquiring an additional 726 shares during the last quarter.

Granite Construction Company Profile

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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