Granite Construction Company Profile (NYSE:GVA)

About Granite Construction

Granite Construction logoGranite Construction Incorporated is a heavy civil contractor and construction materials producer in the United States. The Company operates through three segments: Construction, Large Project Construction and Construction Materials. Its Construction segment performs construction management, as well as various civil construction projects with a portion of the work focused on new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, water-related facilities, utilities and other infrastructure projects. The Company's Large Project Construction segment focuses on large and complex infrastructure projects, which have a longer duration than its Construction segment work. The Company's Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Exchange: NYSE
  • Symbol: GVA
  • CUSIP: 38732810
Key Metrics:
  • Previous Close: $44.49
  • 50 Day Moving Average: $47.17
  • 200 Day Moving Average: $46.37
  • 52-Week Range: $30.14 - $51.35
  • Trailing P/E Ratio: 28.61
  • Foreward P/E Ratio: 17.87
  • P/E Growth: 4.40
  • Market Cap: $1.76B
  • Outstanding Shares: 39,597,000
  • Beta: 1.49
  • Net Margins: 2.57%
  • Return on Equity: 7.27%
  • Return on Assets: 3.75%
  • Debt-to-Equity Ratio: 0.28%
  • Current Ratio: 1.99%
  • Quick Ratio: 1.87%
Additional Links:
Companies Related to Granite Construction:

Analyst Ratings

Consensus Ratings for Granite Construction (NYSE:GVA) (?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $53.89 (21.13% upside)

Analysts' Ratings History for Granite Construction (NYSE:GVA)
DateFirmActionRatingPrice TargetDetails
8/16/2016DA DavidsonReiterated RatingHold$53.00View Rating Details
8/16/2016Janney Montgomery ScottReiterated RatingHold$53.00View Rating Details
8/2/2016FBR & CoBoost Price TargetOutperform$48.00 -> $60.00View Rating Details
8/1/2016MKM PartnersBoost Price TargetBuy$55.00 -> $56.00View Rating Details
8/1/2016Seaport Global SecuritiesUpgradeNeutral -> Buy$49.00 -> $60.00View Rating Details
4/14/2016Cowen and CompanyInitiated CoverageOutperform$55.00View Rating Details
3/28/2016Goldman Sachs Group Inc.Boost Price Target$43.00 -> $48.00View Rating Details
12/9/2015Stifel NicolausInitiated CoverageBuy$50.00View Rating Details
11/24/2015Maxim GroupInitiated CoverageBuy$50.00View Rating Details
5/10/2015BB&T Corp.Reiterated RatingBuy$40.00 -> $44.00View Rating Details
11/4/2014Sterne Agee CRTUpgradeNeutral -> Buy$44.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Granite Construction (NYSE:GVA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/28/2016Q316$0.98$826.52 millionN/AView Earnings Details
7/29/2016Q216$0.47$0.35$632.12 million$604.60 millionViewListenView Earnings Details
4/29/2016Q116($0.12)($0.28)$432.50 million$439.50 millionViewListenView Earnings Details
2/25/2016Q415$0.54$0.72$645.16 million$630.20 millionViewListenView Earnings Details
11/2/2015Q315$0.97$0.77$790.50 million$751.40 millionViewN/AView Earnings Details
7/30/2015Q215$0.44$0.24$622.68 million$569.24 millionViewListenView Earnings Details
5/5/2015Q115($0.22)($0.22)$408.79 million$420.20 millionViewN/AView Earnings Details
2/27/2015Q414$0.69$0.39$713.96 million$589.80 millionViewN/AView Earnings Details
11/3/2014Q314$0.97$0.38$906.93 million$719.80 millionViewN/AView Earnings Details
8/1/2014Q214$0.25$0.34$640.16 million$585.90 millionViewN/AView Earnings Details
4/30/2014Q114($0.33)($0.49)$426.95 million$379.80 millionViewN/AView Earnings Details
2/27/2014Q413($0.03)$0.02$619.24 million$598.10 millionViewN/AView Earnings Details
11/4/2013Q313$0.78$0.28$900.80 million$741.60 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.32$0.07$659.68 million$550.20 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.20)($0.57)$353.93 million$378.70 millionViewN/AView Earnings Details
2/28/2013Q4 2012$0.62$0.46$609.91 million$504.80 millionViewN/AView Earnings Details
11/7/2012Q312$0.87$0.94$843.37 million$728.50 millionViewN/AView Earnings Details
5/7/2012($0.26)($0.31)ViewN/AView Earnings Details
11/2/2011$0.70$0.93ViewN/AView Earnings Details
8/3/2011$0.26$0.13ViewN/AView Earnings Details
5/5/2011($0.36)($0.24)ViewN/AView Earnings Details
2/23/2011($0.10)($1.32)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Granite Construction (NYSE:GVA)
Current Year EPS Consensus Estimate: $1.55 EPS
Next Year EPS Consensus Estimate: $2.49 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.15)$0.04($0.08)
Q2 20165$0.35$0.50$0.45
Q3 20166$0.96$1.05$1.00
Q4 20166$0.39$0.63$0.53
Q1 20172$0.06$0.07$0.07
Q2 20172$0.64$0.68$0.66
Q3 20172$1.18$1.35$1.27
Q4 20172$0.59$0.68$0.64
(Data provided by Zacks Investment Research)


Current Dividend Information for Granite Construction (NYSE:GVA)
Annual Dividend:$0.52
Dividend Yield:1.17%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:33.33% (Based on Trailing 12 Months of Earnings)
33.55% (Based on Current Year Consensus EPS Estimate)
20.88% (Based on Next Year Consensus EPS Estimate)

Dividend History for Granite Construction (NYSE:GVA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Granite Construction (NYSE:GVA)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 93.11%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/7/2016James Hildebrand RobertsDirectorSell6,612$49.18$325,178.16View SEC Filing  
8/9/2016David H. KelseyDirectorSell1,113$51.09$56,863.17View SEC Filing  
6/3/2016William Glenwood DoreyDirectorSell15,000$43.18$647,700.00View SEC Filing  
6/1/2016James Hildebrand RobertsCEOSell2,830$43.12$122,029.60View SEC Filing  
5/25/2016James Hildebrand RobertsCEOSell10,000$42.33$423,300.00View SEC Filing  
5/5/2016Michael Francis DonninoSVPSell10,000$43.26$432,600.00View SEC Filing  
3/14/2016Michael Francis DonninoSVPSell4,003$43.20$172,929.60View SEC Filing  
3/3/2016William Glenwood DoreyDirectorSell15,000$44.08$661,200.00View SEC Filing  
3/1/2016David H. KelseyDirectorSell5,000$42.10$210,500.00View SEC Filing  
12/9/2015James Hildebrand RobertsCEOSell4,228$41.44$175,208.32View SEC Filing  
12/7/2015James Hildebrand RobertsCEOSell2,156$41.07$88,546.92View SEC Filing  
6/11/2015James Hildebrand RobertsCEOSell1,772$37.40$66,272.80View SEC Filing  
5/18/2015James Hildebrand RobertsCEOSell8,228$38.00$312,664.00View SEC Filing  
5/12/2015William Howard PowellDirectorSell12,000$37.63$451,560.00View SEC Filing  
5/11/2015Michael Francis DonninoSVPSell5,000$38.22$191,100.00View SEC Filing  
5/11/2015William Howard PowellDirectorSell1,990$38.29$76,197.10View SEC Filing  
5/8/2015David H KelseyDirectorSell1,848$38.20$70,593.60View SEC Filing  
5/8/2015James Hildebrand RobertsCEOSell11,454$38.09$436,282.86View SEC Filing  
12/10/2014James Hildebrand RobertsCEOSell7,983$36.25$289,383.75View SEC Filing  
12/4/2014James D RichardsSVPSell5,000$35.79$178,950.00View SEC Filing  
8/13/2014Rebecca Ann McdonaldDirectorSell6,886$34.41$236,947.26View SEC Filing  
8/7/2014Michael Francis DonninoSVPSell10,000$33.17$331,700.00View SEC Filing  
6/9/2014Gaddi H VasquezDirectorSell1,200$36.23$43,476.00View SEC Filing  
6/6/2014Thomas Scott CaseSVPSell5,000$35.99$179,950.00View SEC Filing  
5/12/2014Thomas Scott CaseSVPSell2,500$36.80$92,000.00View SEC Filing  
3/13/2014James RichardsSVPSell6,500$37.73$245,245.00View SEC Filing  
3/12/2014James Hildebrand RobertsCEOSell14,368$38.08$547,133.44View SEC Filing  
3/7/2014William Glenwood DoreyDirectorSell40,000$38.59$1,543,600.00View SEC Filing  
3/5/2014Michael Francis DonninoSVPSell10,000$37.86$378,600.00View SEC Filing  
8/14/2013Michael Francis DonninoSVPSell3,000$29.44$88,320.00View SEC Filing  
8/9/2013Michael Francis DonninoSVPSell2,000$30.18$60,360.00View SEC Filing  
8/8/2013John Anthony FranichVPSell1,500$30.11$45,165.00View SEC Filing  
8/5/2013John Anthony FranichVPSell5,000$32.12$160,600.00View SEC Filing  
6/14/2013William Howard PowellDirectorSell10,000$29.82$298,200.00View SEC Filing  
5/28/2013James Hildebrand RobertsCEOSell4,591$31.98$146,820.18View SEC Filing  
5/24/2013James Hildebrand RobertsCEOSell10,098$30.91$312,129.18View SEC Filing  
5/14/2013John Anthony FranichVPSell8,000$30.72$245,760.00View SEC Filing  
3/13/2013Thomas Scott CaseVPSell4,650$31.18$144,987.00View SEC Filing  
3/6/2013James D RichardsSVPSell5,000$31.81$159,050.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Granite Construction (NYSE:GVA)
DateHeadline logoGranite Construction : Price Forecast Of Granite Construction Incorporated At $55.285 (NYSE:GVA) - October 20 at 5:24 PM logoPeek Under The Hood: JKJ Has 14% Upside (NYSE:GVA) - October 18 at 10:22 AM logoGranite Construction : Announces Timing of Earnings Release and Investor Conference Call (NYSE:GVA) - October 14 at 5:15 PM logoGranite Announces Timing of Earnings Release and Investor Conference Call (NYSE:GVA) - October 14 at 8:29 AM logoGranite Construction, Inc. breached its 50 day moving average in a Bearish Manner : GVA-US : October 10, 2016 (NYSE:GVA) - October 10 at 9:59 AM logoGranite Construction Gets $39M Northgate Station Contract (NYSE:GVA) - October 10 at 9:59 AM logoGranite Awarded $39 Million Light Rail Station Project in Seattle (NYSE:GVA) - October 7 at 10:17 AM logoGranite Construction, Inc. : GVA-US: Dividend Analysis : September 30th, 2016 (record date) : By the numbers : September 30, 2016 (NYSE:GVA) - September 30 at 5:37 PM logoGranite Construction Incorporated (GVA) Ex-Dividend Date Scheduled for ... (NYSE:GVA) - September 29 at 5:14 PM logoGranite Construction Incorporated : Had $277.879 In Cash And Short-Term Investments (NYSE:GVA) - September 28 at 10:13 AM logo6:34 pm Granite Constr awarded $875 million joint venture design-build transit project in Hawaii; Construction will begin in spring 2017 and is estimated to be complete by 2021 (NYSE:GVA) - September 27 at 9:57 AM logoGranite Awarded $875 Million Joint Venture Design-Build Transit Project in Hawaii (NYSE:GVA) - September 27 at 9:57 AM logoBRIEF-Granite awarded $875 million joint venture design-build transit project in Hawaii (NYSE:GVA) - September 26 at 7:31 PM logoQuarterly EPS Estimate For Granite Construction Incorporated : $0.5 (NYSE:GVA) - September 26 at 5:29 PM logoEx-Dividend Reminder: Xerox, Windstream Holdings and Granite Construction (NYSE:GVA) - September 26 at 5:29 PM logoGranite Construction Incorporated : Expects Sales of $2807.599 (NYSE:GVA) - September 26 at 10:01 AM logoGranite Construction, Inc. breached its 50 day moving average in a Bearish Manner : GVA-US : September 26, 2016 (NYSE:GVA) - September 26 at 10:01 AM logoGranite Construction : Declares Quarterly Dividend (NYSE:GVA) - September 14 at 9:36 AM logoRSI Alert: Granite Construction (GVA) Now Oversold (NYSE:GVA) - September 14 at 9:36 AM logoGranite Construction declares $0.13 dividend (NYSE:GVA) - September 8 at 5:13 PM logoGranite Construction, Inc. breached its 50 day moving average in a Bearish Manner : GVA-US : September 1, 2016 (NYSE:GVA) - September 1 at 5:15 PM logoGranite Construction Incorporated : Given Price Target Of $55.571 (NYSE:GVA) - August 20 at 9:34 AM logoETF’s with exposure to Granite Construction, Inc. : August 17, 2016 (NYSE:GVA) - August 17 at 5:35 PM logoGranite Awarded $29 Million Army Airfield Repaving Project in Kentucky (NYSE:GVA) - August 5 at 5:29 PM logoGranite Construction, Inc. :GVA-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:GVA) - August 5 at 5:29 PM logoGranite Awarded $22 Million NAVFAC Contract in Southern California (NYSE:GVA) - August 4 at 5:40 PM logoGRANITE CONSTRUCTION INC Financials (NYSE:GVA) - August 4 at 5:40 PM logoGranite Subsidiary Awarded $23 Million Bridge Reconstruction Project in Chicago (NYSE:GVA) - August 4 at 5:40 PM logoMKM Partners issued a report on (NYSE:GVA) Granite Construction Inc., bumping up its target price to $56 earlier today (NYSE:GVA) - August 3 at 8:28 AM logoMKM Partners disclosed (NYSE:GVA) Granite Construction Inc., increasing its target price to $56 today (NYSE:GVA) - August 2 at 5:37 PM logoGVA Crosses Above Average Analyst Target (NYSE:GVA) - July 30 at 4:54 PM logoGranite Construction Inc. Q2 Income Climbs 47% (NYSE:GVA) - July 30 at 4:54 PM logoGranite Construction Inc.: Granite Reports Second Quarter 2016 Results (NYSE:GVA) - July 30 at 4:54 PM logoEdited Transcript of GVA earnings conference call or presentation 29-Jul-16 3:00pm GMT (NYSE:GVA) - July 29 at 6:14 PM logoGRANITE CONSTRUCTION INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:GVA) - July 29 at 8:46 AM logoGranite Reports Second Quarter 2016 Results (NYSE:GVA) - July 29 at 7:08 AM logoQ2 2016 Granite Construction Inc Earnings Release - Before Market Open (NYSE:GVA) - July 29 at 7:07 AM logoGranite Construction misses Street 2Q forecasts (NYSE:GVA) - July 29 at 7:02 AM logoConstruction Stocks Earnings Releases on Jul 29: AWI, GVA (NYSE:GVA) - July 28 at 7:29 AM logoGranite Awarded $128 Million Highway Realignment Project in California (NYSE:GVA) - July 27 at 5:30 PM
News IconVC-backed Verdezyne taps Kelsey as CFO (NYSE:GVA) - July 26 at 5:33 PM logoVerdezyne Appoints New Chief Financial Officer, David Kelsey (NYSE:GVA) - July 26 at 5:33 PM logoGranite Construction : Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA) - July 26 at 8:14 AM logoHeavy Construction Stocks' Earnings to Watch: CBI, EME, GVA (NYSE:GVA) - July 26 at 8:14 AM logoGranite Construction Inc.: Granite Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA) - July 26 at 8:14 AM logoGranite Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA) - July 25 at 5:48 PM logoGranite Construction Inc. (NYSE:GVA) price target raised to $55 as recorded today by MKM Partners (NYSE:GVA) - July 25 at 5:24 PM logoGranite Construction Incorporated : Expected to Post Sales of $2806.347 (NYSE:GVA) - July 22 at 8:16 AM logoGranite Construction Incorporated (GVA) Hits New 52-week High During July 14 Session (NYSE:GVA) - July 17 at 9:48 AM logoGranite Construction Inc.: Granite Announces Timing of Earnings Release and Investor Conference Call (NYSE:GVA) - July 17 at 9:48 AM


Granite Construction (NYSE:GVA) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff