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Granite Construction NYSE:GVA Stock Report

Last Price

US$91.35

Market Cap

US$3.8b

7D

10.7%

1Y

102.1%

Updated

05 Nov, 2024

Data

Company Financials +

Granite Construction Incorporated

NYSE:GVA Stock Report

Market Cap: US$3.8b

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Granite Construction Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Granite Construction
Historical stock prices
Current Share PriceUS$91.35
52 Week HighUS$91.60
52 Week LowUS$43.92
Beta1.4
11 Month Change12.38%
3 Month Change34.02%
1 Year Change102.06%
33 Year Change118.85%
5 Year Change233.27%
Change since IPO1,612.81%

Recent News & Updates

Granite Construction: Still Cruising Higher

Oct 28

Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

Oct 05
Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

Recent updates

Granite Construction: Still Cruising Higher

Oct 28

Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

Oct 05
Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

We Think Granite Construction (NYSE:GVA) Can Stay On Top Of Its Debt

Sep 18
We Think Granite Construction (NYSE:GVA) Can Stay On Top Of Its Debt

Investors Interested In Granite Construction Incorporated's (NYSE:GVA) Earnings

Sep 04
Investors Interested In Granite Construction Incorporated's (NYSE:GVA) Earnings

Granite Construction (NYSE:GVA) Is Experiencing Growth In Returns On Capital

Aug 22
Granite Construction (NYSE:GVA) Is Experiencing Growth In Returns On Capital

Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 47% Undervaluation?

Jul 29
Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 47% Undervaluation?

Granite Construction (NYSE:GVA) Is Paying Out A Dividend Of $0.13

Jun 16
Granite Construction (NYSE:GVA) Is Paying Out A Dividend Of $0.13

At US$61.29, Is It Time To Put Granite Construction Incorporated (NYSE:GVA) On Your Watch List?

Jun 04
At US$61.29, Is It Time To Put Granite Construction Incorporated (NYSE:GVA) On Your Watch List?

These 4 Measures Indicate That Granite Construction (NYSE:GVA) Is Using Debt Reasonably Well

May 03
These 4 Measures Indicate That Granite Construction (NYSE:GVA) Is Using Debt Reasonably Well

With Granite Construction Incorporated (NYSE:GVA) It Looks Like You'll Get What You Pay For

Apr 13
With Granite Construction Incorporated (NYSE:GVA) It Looks Like You'll Get What You Pay For

Granite Construction: Expect Higher Margins And Tailwinds To Spur Stock

Jan 17

Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 38% Undervaluation?

Dec 20
Is There An Opportunity With Granite Construction Incorporated's (NYSE:GVA) 38% Undervaluation?

Granite Construction (NYSE:GVA) Has Some Difficulty Using Its Capital Effectively

Nov 16
Granite Construction (NYSE:GVA) Has Some Difficulty Using Its Capital Effectively

Granite Construction: Cheap Multiples, Mid And Long-Term Economics Not Supportive

Oct 27

Here's Why Granite Construction (NYSE:GVA) Can Manage Its Debt Responsibly

Oct 11
Here's Why Granite Construction (NYSE:GVA) Can Manage Its Debt Responsibly

Granite Construction (NYSE:GVA) Is Due To Pay A Dividend Of $0.13

Sep 17
Granite Construction (NYSE:GVA) Is Due To Pay A Dividend Of $0.13

Is Now The Time To Put Granite Construction (NYSE:GVA) On Your Watchlist?

Sep 05
Is Now The Time To Put Granite Construction (NYSE:GVA) On Your Watchlist?

Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

Aug 18
Is There Now An Opportunity In Granite Construction Incorporated (NYSE:GVA)?

Granite Construction: Good Long-Term Growth Prospects At Attractive Valuation

Aug 07

Why Granite Construction Incorporated (NYSE:GVA) Could Be Worth Watching

Apr 27
Why Granite Construction Incorporated (NYSE:GVA) Could Be Worth Watching

Here's Why We Think Granite Construction (NYSE:GVA) Might Deserve Your Attention Today

Apr 06
Here's Why We Think Granite Construction (NYSE:GVA) Might Deserve Your Attention Today

Granite Construction Q4 2022 Earnings Preview

Feb 15

Is Granite Construction (NYSE:GVA) Using Too Much Debt?

Jan 27
Is Granite Construction (NYSE:GVA) Using Too Much Debt?

Granite Construction's Outperformance Can Continue

Dec 27

Granite Construction bags $174M contract for work on Los Angeles airport runways

Dec 20

Granite Construction bags $14M traffic flow improvement project from Caltrans

Dec 06

An Intrinsic Calculation For Granite Construction Incorporated (NYSE:GVA) Suggests It's 43% Undervalued

Dec 06
An Intrinsic Calculation For Granite Construction Incorporated (NYSE:GVA) Suggests It's 43% Undervalued

Granite Construction gets $30M contract from US Dept of Homeland Security

Nov 03

Granite bags $33M street improvement project in California

Oct 25

Granite gets ~$11M construction award for a bikeway in California

Oct 11

Here's Why Granite Construction (NYSE:GVA) Has A Meaningful Debt Burden

Oct 07
Here's Why Granite Construction (NYSE:GVA) Has A Meaningful Debt Burden

Granite Construction: Recent Correction Is A Buying Opportunity

Oct 05

Shareholder Returns

GVAUS ConstructionUS Market
7D10.7%4.0%-0.8%
1Y102.1%83.7%31.5%

Return vs Industry: GVA exceeded the US Construction industry which returned 71.2% over the past year.

Return vs Market: GVA exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is GVA's price volatile compared to industry and market?
GVA volatility
GVA Average Weekly Movement3.1%
Construction Industry Average Movement6.3%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.8%

Stable Share Price: GVA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GVA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19222,100Kyle Larkinwww.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

How do Granite Construction's earnings and revenue compare to its market cap?
GVA fundamental statistics
Market capUS$3.84b
Earnings (TTM)US$110.86m
Revenue (TTM)US$3.96b

36.0x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GVA income statement (TTM)
RevenueUS$3.96b
Cost of RevenueUS$3.45b
Gross ProfitUS$516.26m
Other ExpensesUS$405.40m
EarningsUS$110.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.54
Gross Margin13.02%
Net Profit Margin2.80%
Debt/Equity Ratio69.0%

How did GVA perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

21%

Payout Ratio