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Granite Construction Stock Price, Forecast & Analysis (NYSE:GVA)

$27.10
-0.18 (-0.66 %)
(As of 11/17/2019 08:19 AM ET)
Today's Range
$27.05
Now: $27.10
$27.70
50-Day Range
$23.21
MA: $30.18
$37.45
52-Week Range
$22.55
Now: $27.10
$53.21
Volume276,225 shs
Average Volume1.56 million shs
Market Capitalization$1.27 billion
P/E Ratio11.58
Dividend Yield1.91%
Beta1.26
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. Read More…

Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP38732810
Phone831-724-1011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.32 billion
Cash Flow$4.54 per share
Book Value$27.03 per share

Profitability

Net Income$42.41 million

Miscellaneous

Employees5,700
Market Cap$1.27 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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Granite Construction (NYSE:GVA) Frequently Asked Questions

What is Granite Construction's stock symbol?

Granite Construction trades on the New York Stock Exchange (NYSE) under the ticker symbol "GVA."

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

Granite Construction announced a -- dividend on Monday, September 16th. Shareholders of record on Monday, September 30th will be given a dividend of $0.13 per share on Tuesday, October 15th. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, September 27th. View Granite Construction's Dividend History.

How were Granite Construction's earnings last quarter?

Granite Construction Inc. (NYSE:GVA) issued its quarterly earnings data on Friday, October, 25th. The construction company reported $0.43 EPS for the quarter, missing analysts' consensus estimates of $1.41 by $0.98. The construction company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.15 billion. Granite Construction had a negative return on equity of 4.63% and a negative net margin of 3.11%. The firm's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.43 earnings per share. View Granite Construction's Earnings History.

When is Granite Construction's next earnings date?

Granite Construction is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Granite Construction.

What price target have analysts set for GVA?

4 brokers have issued 1 year price targets for Granite Construction's shares. Their forecasts range from $30.00 to $61.00. On average, they anticipate Granite Construction's share price to reach $40.75 in the next year. This suggests a possible upside of 50.4% from the stock's current price. View Analyst Price Targets for Granite Construction.

What is the consensus analysts' recommendation for Granite Construction?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Construction in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Granite Construction.

Has Granite Construction been receiving favorable news coverage?

Headlines about GVA stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Granite Construction earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media coverage about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Granite Construction.

Are investors shorting Granite Construction?

Granite Construction saw a decrease in short interest in October. As of October 15th, there was short interest totalling 4,570,000 shares, a decrease of 7.7% from the September 15th total of 4,950,000 shares. Based on an average daily trading volume, of 594,300 shares, the days-to-cover ratio is presently 7.7 days. Approximately 9.9% of the company's shares are sold short. View Granite Construction's Current Options Chain.

Who are some of Granite Construction's key competitors?

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), Applied Materials (AMAT), Alibaba Group (BABA), JD.Com (JD), TENCENT HOLDING/ADR (TCEHY), Blackstone Group (BX), Ford Motor (F), Hain Celestial Group (HAIN), NVIDIA (NVDA) and Spirit Airlines (SAVE).

Who are Granite Construction's key executives?

Granite Construction's management team includes the folowing people:
  • Mr. James Hildebrand Roberts, Pres, CEO & Director (Age 62)
  • Ms. Jigisha Desai, Sr. VP & CFO (Age 52)
  • Mr. James Dave Richards, Sr. VP & Northwest Group Mang. (Age 55)
  • Mr. Dale A. Swanberg, Sr. VP & Large Projects Group Mang. (Age 56)
  • Mr. Kyle T. Larkin, Sr. VP & California Group Mang. (Age 47)

Who are Granite Construction's major shareholders?

Granite Construction's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (2.14%), Peregrine Capital Management LLC (1.26%), Tributary Capital Management LLC (1.08%), John G Ullman & Associates Inc. (0.94%), Systematic Financial Management LP (0.79%) and Skyline Asset Management LP (0.48%). Company insiders that own Granite Construction stock include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View Institutional Ownership Trends for Granite Construction.

Which major investors are selling Granite Construction stock?

GVA stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, John G Ullman & Associates Inc., Tributary Capital Management LLC, SG Americas Securities LLC, Fiduciary Financial Services of The Southwest Inc. TX, Gamco Investors INC. ET AL, Tower Research Capital LLC TRC and Envestnet Asset Management Inc.. View Insider Buying and Selling for Granite Construction.

Which major investors are buying Granite Construction stock?

GVA stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., 1492 Capital Management LLC, Virginia Retirement Systems ET AL, Systematic Financial Management LP, Daiwa Securities Group Inc., Zeke Capital Advisors LLC, California Public Employees Retirement System and Peregrine Capital Management LLC. Company insiders that have bought Granite Construction stock in the last two years include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View Insider Buying and Selling for Granite Construction.

How do I buy shares of Granite Construction?

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

What is Granite Construction's stock price today?

One share of GVA stock can currently be purchased for approximately $27.10.

How big of a company is Granite Construction?

Granite Construction has a market capitalization of $1.27 billion and generates $3.32 billion in revenue each year. The construction company earns $42.41 million in net income (profit) each year or $2.34 on an earnings per share basis. Granite Construction employs 5,700 workers across the globe.View Additional Information About Granite Construction.

What is Granite Construction's official website?

The official website for Granite Construction is http://www.graniteconstruction.com/.

How can I contact Granite Construction?

Granite Construction's mailing address is 585 WEST BEACH ST, WATSONVILLE CA, 95076. The construction company can be reached via phone at 831-724-1011 or via email at [email protected]


MarketBeat Community Rating for Granite Construction (NYSE GVA)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  740
MarketBeat's community ratings are surveys of what our community members think about Granite Construction and other stocks. Vote "Outperform" if you believe GVA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GVA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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