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Granite Construction NYSE:GVA Stock Report

Last Price

US$71.13

Market Cap

US$3.1b

7D

3.3%

1Y

75.3%

Updated

21 Aug, 2024

Data

Company Financials +

Granite Construction Incorporated

NYSE:GVA Stock Report

Market Cap: US$3.1b

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$71.13
52 Week HighUS$73.01
52 Week LowUS$33.74
Beta1.43
11 Month Change8.48%
3 Month Change15.34%
1 Year Change75.28%
33 Year Change73.23%
5 Year Change159.79%
Change since IPO1,233.69%

Recent News & Updates

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

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

Recent updates

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

Granite Construction (NYSE:GVA) Has Affirmed Its Dividend Of $0.13

Sep 19
Granite Construction (NYSE:GVA) Has Affirmed Its Dividend Of $0.13

Granite gets ~$20M contract award to reconstruct a taxiway at the Tucson airport

Sep 13

Catalyst: Granite Construction And $550 Billion In Infrastructure Spending

Aug 31

Granite Construction gets $40M contract for improvements to SH 288

Jul 26

What Is Granite Construction Incorporated's (NYSE:GVA) Share Price Doing?

Jul 21
What Is Granite Construction Incorporated's (NYSE:GVA) Share Price Doing?

Shareholder Returns

GVAUS ConstructionUS Market
7D3.3%2.4%3.1%
1Y75.3%32.5%24.9%

Return vs Industry: GVA exceeded the US Construction industry which returned 31.9% over the past year.

Return vs Market: GVA exceeded the US Market which returned 25.4% over the past year.

Price Volatility

Is GVA's price volatile compared to industry and market?
GVA volatility
GVA Average Weekly Movement3.5%
Construction Industry Average Movement5.9%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.2%

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

Volatility Over Time: GVA's weekly volatility (4%) 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$3.07b
Earnings (TTM)US$89.53m
Revenue (TTM)US$3.81b

34.7x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GVA income statement (TTM)
RevenueUS$3.81b
Cost of RevenueUS$3.33b
Gross ProfitUS$479.95m
Other ExpensesUS$390.42m
EarningsUS$89.53m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin12.61%
Net Profit Margin2.35%
Debt/Equity Ratio74.8%

How did GVA perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

26%

Payout Ratio