Granite Construction/GVA

$53.23

-0.39%
-
1D1W1MYTD1YMAX

About Granite Construction

Granite Construction Incorporated is a diversified construction and construction materials company. The Company operates through two segments: Construction and Materials. The Construction segment focuses on construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure and site development for use by the general public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities and energy companies. It also provides construction of various complex projects including infrastructure and site development, mining, public safety, tunnel, solar, battery storage and other power-related projects. The Materials segment focuses on production of aggregates, asphalt concrete, liquid asphalt and recycled materials for internal use in its construction projects and for sale to third parties.

Ticker

GVA

Sector

Industrials

Trading on

NYSE

Industry

Construction Services

CEO

Kyle Larkin

Employees

2,100

Headquarters

Watsonville, United States

GVA Metrics

BasicAdvanced
$2.35B
Market cap
56.34
P/E ratio
$0.95
EPS
1.46
Beta
$0.52
Dividend rate
0.97%
Dividend yield
$2.35B
1.46167
$57.93
$33.74
361.05K
$0.52
1.596
1.495
62.906
66.992
53.07%
1.19%
4.52%
1.93%
56.34
0.67
2.403
3.333
114.561
1.45%
0.97%
0.97%
6.37%
-33.41%
-0.5%

What the Analysts think about GVA

Analyst Ratings

Majority rating from 4 analysts.
Buy

Price Targets

Average projection from 5 analysts.
17.98% upside
High $69.00
Low $50.00
$53.23
Current price
$62.80
Average price target

GVA Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
2.77% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$933.6M
-16.4%
Net income
$25.9M
-55.03%
Profit margin
2.77%
-46.21%

GVA Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 7%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.41
$1.03
$1.69
$0.82
-
Expected
$0.03
$0.99
$1.45
$0.88
-$0.35
Surprise
-1,740%
4.04%
16.19%
-7%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Granite Construction stock?

Granite Construction (GVA) has a market cap of $2.35B as of April 22, 2024.

What is the P/E ratio for Granite Construction stock?

The price to earnings (P/E) ratio for Granite Construction (GVA) stock is 56.34 as of April 22, 2024.

Does Granite Construction stock pay dividends?

Yes, the Granite Construction (GVA) stock pays dividends to shareholders. As of April 22, 2024, the dividend rate is $0.52 and the yield is 0.97%. Granite Construction has a payout ratio of 53.07% on a trailing twelve-month basis.

When is the next Granite Construction dividend payment date?

The next Granite Construction (GVA) dividend payment date is unconfirmed.

What is the beta indicator for Granite Construction?

Granite Construction (GVA) has a beta rating of 1.46. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Granite Construction stock price target?

The target price for Granite Construction (GVA) stock is $62.8, which is 17.98% above the current price of $53.23. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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