GVA Stock Overview
Granite Construction Incorporated operates as an infrastructure contractor in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Granite Construction Incorporated Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$54.76 |
| 52 Week High | US$57.93 |
| 52 Week Low | US$33.74 |
| Beta | 1.47 |
| 1 Month Change | -3.56% |
| 3 Month Change | 21.74% |
| 1 Year Change | 45.29% |
| 3 Year Change | 40.66% |
| 5 Year Change | 20.51% |
| Change since IPO | 926.75% |
Recent News & Updates
Recent updates
With Granite Construction Incorporated (NYSE:GVA) It Looks Like You'll Get What You Pay For
Apr 13
Granite Construction: Expect Higher Margins And Tailwinds To Spur Stock
Jan 17Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 38% Undervaluation?
Dec 20Granite Construction (NYSE:GVA) Has Some Difficulty Using Its Capital Effectively
Nov 16Granite Construction: Cheap Multiples, Mid And Long-Term Economics Not Supportive
Oct 27Here's Why Granite Construction (NYSE:GVA) Can Manage Its Debt Responsibly
Oct 11Granite Construction (NYSE:GVA) Is Due To Pay A Dividend Of $0.13
Sep 17Is Now The Time To Put Granite Construction (NYSE:GVA) On Your Watchlist?
Sep 05Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?
Aug 18Granite Construction: Good Long-Term Growth Prospects At Attractive Valuation
Aug 07Why Granite Construction Incorporated (NYSE:GVA) Could Be Worth Watching
Apr 27Here's Why We Think Granite Construction (NYSE:GVA) Might Deserve Your Attention Today
Apr 06Granite Construction Q4 2022 Earnings Preview
Feb 15Is Granite Construction (NYSE:GVA) Using Too Much Debt?
Jan 27Granite Construction's Outperformance Can Continue
Dec 27Granite Construction bags $174M contract for work on Los Angeles airport runways
Dec 20Granite Construction bags $14M traffic flow improvement project from Caltrans
Dec 06An Intrinsic Calculation For Granite Construction Incorporated (NYSE:GVA) Suggests It's 43% Undervalued
Dec 06Granite Construction gets $30M contract from US Dept of Homeland Security
Nov 03Granite bags $33M street improvement project in California
Oct 25Granite gets ~$11M construction award for a bikeway in California
Oct 11Here's Why Granite Construction (NYSE:GVA) Has A Meaningful Debt Burden
Oct 07Granite Construction: Recent Correction Is A Buying Opportunity
Oct 05Granite Construction (NYSE:GVA) Has Affirmed Its Dividend Of $0.13
Sep 19Granite gets ~$20M contract award to reconstruct a taxiway at the Tucson airport
Sep 13Catalyst: Granite Construction And $550 Billion In Infrastructure Spending
Aug 31Granite Construction gets $40M contract for improvements to SH 288
Jul 26What Is Granite Construction Incorporated's (NYSE:GVA) Share Price Doing?
Jul 21Granite bags $55M improvement contract for Alaskan Roadway
Jul 06Granite Construction (NYSE:GVA) Has Re-Affirmed Its Dividend Of US$0.13
Jun 28Granite Construction Is A Good Buy At The Current Levels
May 31We Think Granite Construction (NYSE:GVA) Is Taking Some Risk With Its Debt
May 28Estimating The Fair Value Of Granite Construction Incorporated (NYSE:GVA)
May 02Granite Construction (NYSE:GVA) Will Pay A Dividend Of US$0.13
Feb 27We Think Granite Construction (NYSE:GVA) Can Stay On Top Of Its Debt
Feb 23Is Granite Construction Incorporated (NYSE:GVA) Trading At A 40% Discount?
Jan 21Shareholders Will Be Pleased With The Quality of Granite Construction's (NYSE:GVA) Earnings
Nov 04Shareholder Returns
| GVA | US Construction | US Market | |
|---|---|---|---|
| 7D | 2.0% | 2.0% | 1.2% |
| 1Y | 45.3% | 41.7% | 24.9% |
Return vs Industry: GVA exceeded the US Construction industry which returned 41.7% over the past year.
Return vs Market: GVA exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| GVA volatility | |
|---|---|
| GVA Average Weekly Movement | 3.2% |
| Construction Industry Average Movement | 5.6% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: GVA has not had significant price volatility in the past 3 months.
Volatility Over Time: GVA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1922 | 2,100 | Kyle Larkin | www.graniteconstruction.com |
Granite Construction Incorporated operates as an infrastructure contractor in the United States. It 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 and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.
Granite Construction Incorporated Fundamentals Summary
| GVA fundamental statistics | |
|---|---|
| Market cap | US$2.39b |
| Earnings (TTM) | US$43.60m |
| Revenue (TTM) | US$3.51b |
55.2x
P/E Ratio0.7x
P/S RatioIs GVA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GVA income statement (TTM) | |
|---|---|
| Revenue | US$3.51b |
| Cost of Revenue | US$3.11b |
| Gross Profit | US$396.40m |
| Other Expenses | US$352.80m |
| Earnings | US$43.60m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 02, 2024
| Earnings per share (EPS) | 0.99 |
| Gross Margin | 11.30% |
| Net Profit Margin | 1.24% |
| Debt/Equity Ratio | 63.8% |
How did GVA perform over the long term?
See historical performance and comparison