Granite Construction (GVA)
NYSE:GVA
GVA Stock Chart & Stats
$121.92
-$0.73(-0.83%)
At close: 4:00 PM EST
$121.92
-$0.73(-0.83%)
Day’s Range― - ―
52-Week Range$69.08 - $137.24
Previous CloseN/A
Volume46.12K
Average Volume (3M)672.84K
Market Cap
$5.30B
Enterprise Value$6.26B
Total Cash (Recent Filing)$734.91M
Total Debt (Recent Filing)$1.46B
Price to Earnings (P/E)26.1
Beta1.11
Next Earnings
Apr 30, 2026EPS Estimate
-0.72Next Dividend Ex-DateN/A
Dividend Yield0.45%
Share Statistics
EPS (TTM)1.03
Shares Outstanding43,503,674
10 Day Avg. Volume693,946
30 Day Avg. Volume672,842
Financial Highlights & Ratios
PEG Ratio0.49
Price to Book (P/B)4.27
Price to Sales (P/S)1.14
P/FCF Ratio15.23
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue1.41
Enterprise Value/Gross Profit8.80
Enterprise Value/Ebitda12.47
Forecast
1Y Price Target
$143.50Price Target Upside17.70% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.54
Revenue Forecast (FY)$4.97B
Bulls Say, Bears Say
Bulls Say
Record Backlog (revenue Visibility)A record $7.0B backlog meaningfully increases revenue visibility over the medium term and reduces near-term bidding risk. With roughly half 'best-value' work, the mix favors higher-margin contracts and steadier conversion of backlog into profitable revenue over coming quarters.
Materials Business TransformationMarked margin improvement and revenue growth in Materials signals durable structural gains from vertical integration and strategic capex. Higher margins and reserve growth create a recurring, more predictable earnings stream that supports Construction margins and reduces cyclicality over multiple years.
Strong Cash Generation & LiquiditySustained operating cash flow and substantial liquidity provide flexibility to fund capex, strategic Materials investment, and integration of acquisitions. Robust cash balances and revolver capacity improve resilience to project timing swings and support execution of multi-year growth plans.
Bears Say
Rising LeverageThe material step-up in debt reduces balance-sheet flexibility and amplifies downside risk if project volumes or margins soften. Elevated leverage limits the company's ability to absorb timing mismatches in receivables or fund large unexpected claims without constraining future capital allocation.
Revenue VolatilitySignificant year-to-year revenue swings undermine predictability of earnings and cash flow, complicating working-capital management. In construction, timing of awards and project starts can create large revenue churn, which magnifies margin and FCF variability despite improved underlying execution.
Reliance On M&A To Drive GrowthHeavy dependence on acquisitions to expand reserves and revenue raises integration, execution, and financing risk. Continued deal-driven growth can push net leverage higher temporarily and makes future margin progress contingent on successful cost synergies and geographic integration.
Granite Construction News
GVA FAQ
What was Granite Construction’s price range in the past 12 months?
Granite Construction lowest stock price was $69.08 and its highest was $137.24 in the past 12 months.
What is Granite Construction’s market cap?
Granite Construction’s market cap is $5.30B.
When is Granite Construction’s upcoming earnings report date?
Granite Construction’s upcoming earnings report date is Apr 30, 2026 which is in 34 days.
How were Granite Construction’s earnings last quarter?
Granite Construction released its earnings results on Feb 12, 2026. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.205 by -$0.175.
Is Granite Construction overvalued?
According to Wall Street analysts Granite Construction’s price is currently Undervalued.
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 -0.72.
How many shares outstanding does Granite Construction have?
Granite Construction has 43,503,674 shares outstanding.
What happened to Granite Construction’s price movement after its last earnings report?
Granite Construction reported an EPS of $1.03 in its last earnings report, missing expectations of $1.205. Following the earnings report the stock price went down -2.966%.
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
Granite Construction Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$143.50 (17.70% Upside)
$143.50 (17.70% Upside)
Blogger Sentiment
Bullish
GVA Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 58.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days <0.1%
Last 30 Days <0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
54.29%
12-Months-Change
Fundamentals
Return on Equity
17.58%
Trailing 12-Months
Asset Growth
32.55%
Trailing 12-Months
Company Description
Granite Construction
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer 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. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
GVA Company Deck
GVA Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong, broad-based financial and operational progress: record backlog, double-digit revenue growth, meaningful margin expansion, transformative Materials performance with substantial reserve growth, strong cash generation, and clear 2026 guidance targeting further EBITDA margin improvement. Challenges noted include weather-related delays, certain 2025 cash benefits that were non-recurring, reliance on continued successful M&A (with leverage considerations), and uncertainty/timing around federal funding and large federal programs (e.g., border work). Overall, positives around organic performance, successful integrations, and clear guidance materially outweigh the enumerated risks.View all GVA earnings summariesGVA Stock 12 Month Forecast
Average Price Target
$143.50
▲(17.70% Upside)
Technical Analysis
Ownership Overview
1.09% Insiders
33.15% Mutual Funds
25.79% Other Institutional Investors
7.42% Public Companies and
Individual Investors