S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
One company did the impossible with AI (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
One company did the impossible with AI (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
One company did the impossible with AI (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
"Chilling War Games Show US Forces Crushed" – FOX NEWS (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
One company did the impossible with AI (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
NYSE:GVA

Granite Construction (GVA) Stock Price, News & Analysis

$50.18
+0.12 (+0.24%)
(As of 02/21/2024 ET)
Today's Range
$49.88
$51.09
50-Day Range
$44.33
$52.07
52-Week Range
$33.74
$52.24
Volume
774,612 shs
Average Volume
309,394 shs
Market Capitalization
$2.20 billion
P/E Ratio
74.89
Dividend Yield
1.04%
Price Target
N/A

Granite Construction MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
9.34% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.68mentions of Granite Construction in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
37.50%
From $3.12 to $4.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.72 out of 5 stars

Construction Sector

97th out of 98 stocks

Heavy Construction, Except Building Construction - Contractors Industry

9th out of 9 stocks


GVA stock logo

About Granite Construction Stock (NYSE:GVA)

Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company 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. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. In addition, the company offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. It 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. The company was incorporated in 1922 and is headquartered in Watsonville, California.

GVA Stock Price History

GVA Stock News Headlines

GVA Mar 2024 30.000 put
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
GVA Apr 2024 60.000 call
Granite Construction (GVA) to Release Earnings on Thursday
Here’s Why Granite Construction (GVA) Rose in Q4
Free Stock Analysis Report: See The True Value of Any Stock
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Bullish on Granite Construction Inc.
Granite Unveils State-of-the-Art Aggregate Plant
3 Housing Stocks to Buy as Home-Builder Confidence Surges
Granite Construction Inc GVA
Granite and Veracio Aim to Revolutionize Mining Industry
See More Headlines
Receive GVA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Granite Construction and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 1/12 Dividend
12/28/2023
Ex-Dividend for 1/12 Dividend
12/28/2023
Dividend Payable
1/12/2024
Dividend Payable
1/12/2024
Today
2/21/2024
Next Earnings (Confirmed)
2/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
CUSIP
38732810
Employees
3,800
Year Founded
N/A

Profitability

Net Income
$83.30 million
Pretax Margin
1.63%

Debt

Sales & Book Value

Annual Sales
$3.30 billion
Cash Flow
$4.27 per share
Book Value
$22.53 per share

Miscellaneous

Free Float
43,683,000
Market Cap
$2.20 billion
Optionable
Optionable
Beta
1.43
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Kyle T. Larkin (Age 52)
    President, CEO & Director
    Comp: $1.52M
  • Ms. Elizabeth Lisa Curtis (Age 57)
    Executive VP & CFO
    Comp: $793.64k
  • Mr. James A. Radich (Age 65)
    Executive VP & COO
    Comp: $789.81k
  • Ms. Staci M. Woolsey (Age 47)
    Chief Accounting Officer
    Comp: $863.36k
  • Mr. Michael G. Tatusko (Age 59)
    Senior VP of Construction
    Comp: $745.11k
  • Ms. Kim Craig
    Senior VP of Corporate Finance & Treasurer
  • Mr. M. Craig Hall
    Senior VP, General Counsel, Corporate Compliance Officer & Secretary
  • Ms. Erin Kuhlman
    Senior VP and Chief Marketing & Communications Officer
  • Mr. Tim Gruber
    Senior Vice President of Human Resources
  • Mr. Brian A. Dowd (Age 60)
    Senior Vice President of Construction
    Comp: $587.66k














GVA Stock Analysis - Frequently Asked Questions

How have GVA shares performed in 2024?

Granite Construction's stock was trading at $50.86 on January 1st, 2024. Since then, GVA stock has decreased by 1.3% and is now trading at $50.1750.
View the best growth stocks for 2024 here
.

Are investors shorting Granite Construction?

Granite Construction saw a decline in short interest in January. As of January 15th, there was short interest totaling 3,980,000 shares, a decline of 5.0% from the December 31st total of 4,190,000 shares. Based on an average daily trading volume, of 357,100 shares, the days-to-cover ratio is presently 11.1 days. Approximately 9.2% of the shares of the company are short sold.
View Granite Construction's Short Interest
.

When is Granite Construction's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our GVA earnings forecast
.

How can I listen to Granite Construction's earnings call?

Granite Construction will be holding an earnings conference call on Thursday, February 22nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "3276603".

How were Granite Construction's earnings last quarter?

Granite Construction Incorporated (NYSE:GVA) posted its earnings results on Thursday, October, 28th. The construction company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.82 by $0.09. The construction company had revenue of $1.06 billion for the quarter. Granite Construction had a trailing twelve-month return on equity of 13.10% and a net margin of 1.18%. During the same period in the prior year, the company posted $0.90 earnings per share.

How often does Granite Construction pay dividends? What is the dividend yield for Granite Construction?

Granite Construction announced a quarterly dividend on Wednesday, December 13th. Stockholders of record on Friday, December 29th will be given a dividend of $0.13 per share on Friday, January 12th. This represents a $0.52 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Thursday, December 28th.
Read our dividend analysis for GVA
.

Is Granite Construction a good dividend stock?

Granite Construction (NYSE:GVA) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.02%. The dividend payout ratio is 77.61%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GVA will have a dividend payout ratio of 12.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GVA.

What ETFs hold Granite Construction's stock?

ETFs with the largest weight of Granite Construction (NYSE:GVA) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR) and Invesco S&P SmallCap Industrials ETF (PSCI).SPDR S&P 600 Small Cap ETF (SLY).

What is Kyle T. Larkin's approval rating as Granite Construction's CEO?

4 employees have rated Granite Construction Chief Executive Officer Kyle T. Larkin on Glassdoor.com. Kyle T. Larkin has an approval rating of 100% among the company's employees. This puts Kyle T. Larkin in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Granite Construction own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Construction investors own include U.S. Silica (SLCA), Alibaba Group (BABA), Enterprise Products Partners (EPD), AT&T (T), Applied Materials (AMAT), JD.com (JD), NVIDIA (NVDA), Ford Motor (F), The Hain Celestial Group (HAIN) and Carnival Co. & (CCL).

Who are Granite Construction's major shareholders?

Granite Construction's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.23%), Dimensional Fund Advisors LP (6.14%), Frontier Capital Management Co. LLC (3.16%), Franklin Resources Inc. (1.93%), Boston Partners (1.59%) and Charles Schwab Investment Management Inc. (1.53%).
View institutional ownership trends
.

How do I buy shares of Granite Construction?

Shares of GVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GVA) was last updated on 2/22/2024 by MarketBeat.com Staff