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Granite Construction (GVA)
NYSE:GVA
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Granite Construction (GVA) Price & Analysis

301 Followers

GVA Stock Chart & Stats

$124.27
-$0.73(-0.83%)
At close: 4:00 PM EST
$124.27
-$0.73(-0.83%)

Bulls Say, Bears Say

Bulls Say
Strong Free Cash Flow GenerationSustained high operating and free cash flow provides durable internal funding for capex, M&A, and debt reduction. Over months this supports deleveraging, funds working capital seasonality, and underpins disciplined capital allocation even if revenue cycles fluctuate.
Raised Revenue And Margin GuidanceUpward guidance reflects durable improvement in bidding, execution and mix, signaling stronger contract wins and margin discipline. If sustainable, higher revenue and EBITDA guidance indicate structural recovery in competitiveness and predictable cash generation over the next several quarters.
Vertical Integration And Accretive M&AOwning materials production and integrating targeted acquisitions increases margin control, reduces input exposure, and broadens regional scale. Accretive M&A plus stronger materials profitability enhance long-run resilience and competitive differentiation in bidding and execution.
Bears Say
Elevated LeverageMeaningful debt above equity reduces financial flexibility and increases interest and refinancing risk if revenues soften. Deleveraging depends on continued strong FCF; elevated leverage can constrain bidding agility, capital spending, and response to project setbacks over months.
Project Cancellation Reduced CAP/backlogCancellation directly lowers near-term backlog and optionality on future work, creating headwinds to revenue visibility. For a project-driven contractor, lost CAP reduces absorption of fixed costs and can pressure margins and cash flow until replacement awards are secured.
Capital-structure Actions Create Non-cash ComplexityShifting from convertible to straight debt reduces dilution risk but introduces large non-cash derivative accounting impacts and higher fixed interest obligations. This raises reported volatility and interest burden over time, tightening covenant and liquidity cushions if execution weakens.

Granite Construction News

GVA FAQ

What was Granite Construction’s price range in the past 12 months?
Granite Construction lowest stock price was $88.28 and its highest was $148.00 in the past 12 months.
    What is Granite Construction’s market cap?
    Granite Construction’s market cap is $6.42B.
      When is Granite Construction’s upcoming earnings report date?
      Granite Construction’s upcoming earnings report date is Jul 23, 2026 which is in 32 days.
        How were Granite Construction’s earnings last quarter?
        Granite Construction released its earnings results on Apr 30, 2026. The company reported -$0.96 earnings per share for the quarter, missing the consensus estimate of -$0.767 by -$0.193.
          Is Granite Construction overvalued?
          According to Wall Street analysts Granite Construction’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Granite Construction pay dividends?
            Granite Construction pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 0.45%. See more information on Granite Construction dividends here
              What is Granite Construction’s EPS estimate?
              Granite Construction’s EPS estimate is 2.26.
                How many shares outstanding does Granite Construction have?
                Granite Construction has 43,746,700 shares outstanding.
                  What happened to Granite Construction’s price movement after its last earnings report?
                  Granite Construction reported an EPS of -$0.96 in its last earnings report, missing expectations of -$0.767. Following the earnings report the stock price went up 11.848%.
                    Which hedge fund is a major shareholder of Granite Construction?
                    Currently, no hedge funds are holding shares in GVA
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Granite Construction

                      Granite Construction Incorporated is a leading U.S. company that functions as both an infrastructure contractor and a producer of essential construction materials. Its activities are primarily divided into two key segments: Construction and Materials. The Construction division is responsible for developing and restoring public infrastructure, encompassing roadways, bridges, rail systems, airports, marine facilities, dams, reservoirs, and aqueducts, alongside general site development. This segment also specializes in water infrastructure projects for a diverse clientele, including municipal bodies, commercial water suppliers, industrial facilities, and energy companies. Furthermore, it undertakes complex ventures such as mining operations, public safety installations, tunnel construction, and both solar and conventional power projects. The Materials segment focuses on manufacturing aggregates and asphalt, supplying these critical components for both the company's internal construction needs and for external sale to third parties. Additionally, this division provides various services including site preparation, mining, and infrastructure development for residential, energy, commercial, and industrial sites, alongside professional construction management expertise. Granite Construction serves an extensive range of clients, from federal and state government agencies, transportation authorities, and local public works departments, to educational institutions, property developers, utility providers, other contractors, landscapers, manufacturers reliant on aggregate materials, retailers, homeowners, agricultural businesses, brokers, and private owners of industrial, commercial, and residential properties. Established in 1922, Granite Construction Incorporated maintains its headquarters in Watsonville, California.

                      Granite Construction (GVA) Earnings & Revenues

                      GVA Company Deck

                      GVA Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed a broadly positive outlook driven by strong top-line growth (revenue +30%), margin and EBITDA improvement, accretive M&A (Kenny Sain and Warren Paving), raised guidance, and a growing, high-quality CAP base including federal and tactical infrastructure work. Management acknowledged near-term cash usage, a project cancellation that reduced CAP by ~$300 million, energy cost volatility, and execution risks on fast-burn tactical projects, but indicated those issues are mitigated and outweighed by the company’s operational momentum and disciplined capital allocation.View all GVA earnings summaries

                      GVA Stock 12 Month Forecast

                      Average Price Target

                      $170.00
                      ▲(36.80% Upside)
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                      Ownership Overview

                      0.72%34.41%22.66%9.96%
                      22.66% Other Institutional Investors
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