Log in

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

$35.30
+0.39 (+1.12 %)
(As of 10/21/2019 04:22 AM ET)
Today's Range
$34.65
Now: $35.30
$35.43
50-Day Range
$27.30
MA: $31.50
$35.30
52-Week Range
$26.57
Now: $35.30
$58.93
Volume402,715 shs
Average Volume426,340 shs
Market Capitalization$1.65 billion
P/E Ratio15.09
Dividend Yield1.49%
Beta1.34
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$4.62 per share
Book Value$29.80 per share

Profitability

Net Income$42.41 million

Miscellaneous

Employees5,700
Market Cap$1.65 billion
Next Earnings Date10/25/2019 (Estimated)
OptionableOptionable

Receive GVA News and Ratings via Email

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


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 is Friday, September 27th. View Granite Construction's Dividend History.

How were Granite Construction's earnings last quarter?

Granite Construction Inc. (NYSE:GVA) posted its earnings results on Friday, August, 2nd. The construction company reported ($1.83) earnings per share for the quarter, topping the Zacks' consensus estimate of ($2.04) by $0.21. The construction company earned $789.54 million during the quarter, compared to the consensus estimate of $789.73 million. Granite Construction had a negative return on equity of 1.57% and a negative net margin of 2.09%. The company's revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last year, the business posted $0.44 EPS. 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 Friday, October 25th 2019. View Earnings Estimates for Granite Construction.

What guidance has Granite Construction issued on next quarter's earnings?

Granite Construction issued an update on its second quarter 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $-2.1--2.05 for the period. The company issued revenue guidance of $785-790 million, compared to the consensus revenue estimate of $955.68 million.

What price target have analysts set for GVA?

4 Wall Street analysts have issued 12 month target prices for Granite Construction's shares. Their forecasts range from $31.00 to $61.00. On average, they anticipate Granite Construction's share price to reach $48.25 in the next twelve months. This suggests a possible upside of 36.7% 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Granite Construction.

Has Granite Construction been receiving favorable news coverage?

News coverage about GVA stock has been trending somewhat positive on Monday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Granite Construction earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press 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 company's share price in the near term. View News Stories for Granite Construction.

Are investors shorting Granite Construction?

Granite Construction saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,950,000 shares, an increase of 17.0% from the August 30th total of 4,230,000 shares. Based on an average trading volume of 588,500 shares, the days-to-cover ratio is presently 8.4 days. Approximately 10.7% of the company's shares are short sold. 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 Applied Materials (AMAT), Alibaba Group (BABA), TENCENT HOLDING/ADR (TCEHY), JD.Com (JD), NVIDIA (NVDA), Square (SQ), AbbVie (ABBV), Booz Allen Hamilton (BAH), Bristol-Myers Squibb (BMY) and Leidos (LDOS).

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 a number of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (1.26%), Tributary Capital Management LLC (1.08%), Skyline Asset Management LP (0.48%), Zeke Capital Advisors LLC (0.10%), Envestnet Asset Management Inc. (0.08%) and Zurcher Kantonalbank Zurich Cantonalbank (0.08%). Company insiders that own Granite Construction stock include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin, Patricia D Galloway and William Howard Powell. View Institutional Ownership Trends for Granite Construction.

Which institutional investors are selling Granite Construction stock?

GVA stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Envestnet Asset Management Inc. and Pacer Advisors Inc.. View Insider Buying and Selling for Granite Construction.

Which institutional investors are buying Granite Construction stock?

GVA stock was acquired by a variety of institutional investors in the last quarter, including Zeke Capital Advisors LLC, Peregrine Capital Management LLC, State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , Tompkins Financial Corp and Skyline Asset Management LP. 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 $35.30.

How big of a company is Granite Construction?

Granite Construction has a market capitalization of $1.65 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:  318 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  710
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 10/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel