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: $48.33
  • 50 Day Moving Average: $49.29
  • 200 Day Moving Average: $44.95
  • Trailing P/E Ratio: 31.08
  • Foreward P/E Ratio: 18.52
  • P/E Growth: 4.44
  • Market Cap: $1.91B
  • Outstanding Shares: 39,597,000
  • Beta: 1.51
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 (11.50% upside)

Analysts' Ratings History for Granite Construction (NYSE:GVA)
Show:
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 8/25/2014 forward)

Earnings

Earnings History for Granite Construction (NYSE:GVA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
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)

Estimates

Earnings Estimates for Granite Construction (NYSE:GVA)
Current Year EPS Consensus Estimate: $1.58 EPS
Next Year EPS Consensus Estimate: $2.61 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)

Dividends

Current Dividend Information for Granite Construction (NYSE:GVA)
Annual Dividend:$0.52
Dividend Yield:1.08%
Payout Ratio:33.33% (Based on Trailing 12 Months of Earnings)
32.91% (Based on Current Year Consensus EPS Estimate)
19.92% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Granite Construction (NYSE:GVA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/9/2016quarterly$0.131.19%6/28/20166/30/20167/15/2016
2/11/2016quarterly$0.131.43%3/29/20163/31/20164/15/2016
12/14/2015quarterly$0.131.25%12/29/201512/31/20151/15/2016
9/10/2015quarterly$0.131.53%9/28/20159/30/201510/15/2015
6/4/2015quarterly$0.131.4%6/26/20156/30/20157/15/2015
2/5/2015quarterly$0.131.45%3/27/20153/31/20154/15/2015
12/19/2014quarterly$0.131.37%12/29/201412/31/20141/15/2015
9/15/2014quarterly$0.131.54%9/26/20149/30/201410/22/2014
9/11/2014quarterly$0.139/26/20149/30/201410/15/2014
6/4/2014quarterly$0.131.45%6/26/20146/30/20147/15/2014
2/7/2014quarterly$0.131.6%3/27/20143/31/20144/15/2014
12/19/2013quarterly$0.131.56%12/27/201312/31/20131/15/2014
9/12/2013quarterly$0.131.75%9/26/20139/30/201310/15/2013
6/5/2013quarterly$0.131.74%6/26/20136/28/20137/12/2013
1/17/2013quarterly$0.131.48%3/26/20133/29/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Granite Construction (NYSE:GVA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Granite Construction (NYSE:GVA)
DateHeadline
4-traders.com logoGranite Construction Incorporated : Given Price Target Of $55.571 (NYSE:GVA)
www.4-traders.com - August 20 at 9:34 AM
capitalcube.com logoETF’s with exposure to Granite Construction, Inc. : August 17, 2016 (NYSE:GVA)
www.capitalcube.com - August 17 at 5:35 PM
publicnow.com logoGranite Awarded $29 Million Army Airfield Repaving Project in Kentucky (NYSE:GVA)
www.publicnow.com - August 5 at 5:29 PM
capitalcube.com logoGranite Construction, Inc. :GVA-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:GVA)
www.capitalcube.com - August 5 at 5:29 PM
publicnow.com logoGranite Awarded $22 Million NAVFAC Contract in Southern California (NYSE:GVA)
www.publicnow.com - August 4 at 5:40 PM
finance.yahoo.com logoGRANITE CONSTRUCTION INC Financials (NYSE:GVA)
finance.yahoo.com - August 4 at 5:40 PM
finance.yahoo.com logoGranite Subsidiary Awarded $23 Million Bridge Reconstruction Project in Chicago (NYSE:GVA)
finance.yahoo.com - August 4 at 5:40 PM
breakingfinancenews.com logoMKM Partners issued a report on (NYSE:GVA) Granite Construction Inc., bumping up its target price to $56 earlier today (NYSE:GVA)
breakingfinancenews.com - August 3 at 8:28 AM
breakingfinancenews.com logoMKM Partners disclosed (NYSE:GVA) Granite Construction Inc., increasing its target price to $56 today (NYSE:GVA)
breakingfinancenews.com - August 2 at 5:37 PM
nasdaq.com logoGVA Crosses Above Average Analyst Target (NYSE:GVA)
www.nasdaq.com - July 30 at 4:54 PM
rttnews.com logoGranite Construction Inc. Q2 Income Climbs 47% (NYSE:GVA)
www.rttnews.com - July 30 at 4:54 PM
twst.com logoGranite Construction Inc.: Granite Reports Second Quarter 2016 Results (NYSE:GVA)
www.twst.com - July 30 at 4:54 PM
finance.yahoo.com logoEdited Transcript of GVA earnings conference call or presentation 29-Jul-16 3:00pm GMT (NYSE:GVA)
finance.yahoo.com - July 29 at 6:14 PM
biz.yahoo.com logoGRANITE CONSTRUCTION INC Files SEC form 8-K, Results of Operations and Financial Condition (NYSE:GVA)
biz.yahoo.com - July 29 at 8:46 AM
publicnow.com logoGranite Reports Second Quarter 2016 Results (NYSE:GVA)
www.publicnow.com - July 29 at 7:08 AM
biz.yahoo.com logoQ2 2016 Granite Construction Inc Earnings Release - Before Market Open (NYSE:GVA)
biz.yahoo.com - July 29 at 7:07 AM
sg.finance.yahoo.com logoGranite Construction misses Street 2Q forecasts (NYSE:GVA)
sg.finance.yahoo.com - July 29 at 7:02 AM
finance.yahoo.com logoConstruction Stocks Earnings Releases on Jul 29: AWI, GVA (NYSE:GVA)
finance.yahoo.com - July 28 at 7:29 AM
finance.yahoo.com logoGranite Awarded $128 Million Highway Realignment Project in California (NYSE:GVA)
finance.yahoo.com - July 27 at 5:30 PM
News IconVC-backed Verdezyne taps Kelsey as CFO (NYSE:GVA)
www.pehub.com - July 26 at 5:33 PM
finance.yahoo.com logoVerdezyne Appoints New Chief Financial Officer, David Kelsey (NYSE:GVA)
finance.yahoo.com - July 26 at 5:33 PM
4-traders.com logoGranite Construction : Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA)
www.4-traders.com - July 26 at 8:14 AM
zacks.com logoHeavy Construction Stocks' Earnings to Watch: CBI, EME, GVA (NYSE:GVA)
www.zacks.com - July 26 at 8:14 AM
twst.com logoGranite Construction Inc.: Granite Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA)
www.twst.com - July 26 at 8:14 AM
publicnow.com logoGranite Subsidiary Awarded $279 Million Tunnel Project in Connecticut (NYSE:GVA)
www.publicnow.com - July 25 at 5:48 PM
breakingfinancenews.com logoGranite Construction Inc. (NYSE:GVA) price target raised to $55 as recorded today by MKM Partners (NYSE:GVA)
breakingfinancenews.com - July 25 at 5:24 PM
4-traders.com logoGranite Construction Incorporated : Expected to Post Sales of $2806.347 (NYSE:GVA)
www.4-traders.com - July 22 at 8:16 AM
equities.com logoGranite Construction Incorporated (GVA) Hits New 52-week High During July 14 Session (NYSE:GVA)
www.equities.com - July 17 at 9:48 AM
twst.com logoGranite Construction Inc.: Granite Announces Timing of Earnings Release and Investor Conference Call (NYSE:GVA)
www.twst.com - July 17 at 9:48 AM
finance.yahoo.com logoGranite Construction at 52-Week High on Backlog, Projects (NYSE:GVA)
finance.yahoo.com - July 14 at 4:35 PM
capitalcube.com logoGranite Construction, Inc. : GVA-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 30, 2016 (NYSE:GVA)
www.capitalcube.com - June 30 at 12:57 PM
finance.yahoo.com logoCoverage initiated on Granite Constr by MKM Partners (NYSE:GVA)
finance.yahoo.com - June 29 at 5:47 AM
finance.yahoo.com logo4 Reasons Why Dycom (DY) is a Compelling Pick (NYSE:GVA)
finance.yahoo.com - June 28 at 9:13 AM
capitalcube.com logoGranite Construction, Inc. : GVA-US: Dividend Analysis : June 30th, 2016 : By the numbers : June 23, 2016 (NYSE:GVA)
www.capitalcube.com - June 23 at 11:35 AM
capitalcube.com logoGranite Construction, Inc. breached its 50 day moving average in a Bullish Manner : GVA-US : June 21, 2016 (NYSE:GVA)
www.capitalcube.com - June 21 at 8:25 AM
4-traders.com logoGranite Construction : GVA) Awarded Four Sewer Renewal Contracts by City of Chicago (NYSE:GVA)
www.4-traders.com - June 14 at 5:12 PM
biz.yahoo.com logoGRANITE CONSTRUCTION INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:GVA)
biz.yahoo.com - June 14 at 1:08 PM
finance.yahoo.com logoCORRECTING and REPLACING Granite Subsidiary Awarded $119 Million in Sewer Renewal Contracts in Chicago (NYSE:GVA)
finance.yahoo.com - June 13 at 8:01 PM
publicnow.com logoGranite Subsidiary Awarded $119 Million in Sewer Renewal Contracts in Chicago (NYSE:GVA)
www.publicnow.com - June 13 at 5:39 PM
publicnow.com logoGranite Named “Veterans Employer of the Year” (NYSE:GVA)
www.publicnow.com - June 10 at 8:49 AM
publicnow.com logoGranite Construction Declares Quarterly Dividend (NYSE:GVA)
www.publicnow.com - June 9 at 4:29 PM
capitalcube.com logoGranite Construction, Inc. – Value Analysis (NYSE:GVA) : June 8, 2016 (NYSE:GVA)
www.capitalcube.com - June 8 at 1:40 PM
capitalcube.com logoGranite Construction, Inc. breached its 50 day moving average in a Bullish Manner : GVA-US : June 7, 2016 (NYSE:GVA)
www.capitalcube.com - June 7 at 8:12 AM
investors.com logoGranite Construction wins taxi-ways contract at Anchorage International Airport (NYSE:GVA)
www.proactiveinvestors.com - June 3 at 5:38 PM
publicnow.com logoGranite Awarded $20 Million Airport Project in Alaska (NYSE:GVA)
www.publicnow.com - June 3 at 8:35 AM
biz.yahoo.com logoGRANITE CONSTRUCTION INC Files SEC form 8-K, Other Events (NYSE:GVA)
biz.yahoo.com - May 31 at 6:01 AM
News IconGranite Construction Incorporated (NYSE:GVA) Shorts Decreased by 4.89% After Short Covering - Wall Street Hints and News (NYSE:GVA)
hintsnewsnetwork.com - May 26 at 1:54 PM
cchdailynews.com logoRutabaga Capital Management LLC Decreased Stake in Granite Construction INC (NYSE:GVA) by $16.74 Million as ... - CCH Daily News (NYSE:GVA)
cchdailynews.com - May 26 at 1:54 PM
4-traders.com logoGranite Construction Incorporated : Focus Stock Earnings and Rating Review (NYSE:GVA)
www.4-traders.com - May 26 at 1:54 PM
finance.yahoo.com logoEdited Transcript of GVA earnings conference call or presentation 29-Apr-16 3:00pm GMT (NYSE:GVA)
finance.yahoo.com - April 29 at 6:36 PM

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Granite Construction (NYSE:GVA) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff