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

303 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 Cash GenerationSustained TTM operating and free cash flow provides durable internal funding for capex, debt service, and M&A. With FCF covering ~77% of net income, management has recurring capacity to invest and deleverage over multiple quarters, cushioning the firm in a cyclical construction market.
Large, Diversified Backlog (CAP)A $7.2B CAP with growing federal and mission-critical exposure increases medium-term revenue visibility and reduces reliance on local markets. The federal mix and larger backlog support steadier utilization and bidding leverage, improving predictability of revenue and resource planning over coming quarters.
Accretive M&A And Materials StrengthTargeted, accretive acquisitions plus stronger materials performance expand high-margin capabilities and local supply control. Combining inorganic revenue with improved materials cash gross profit enhances margin sustainability, reduces procurement risk, and supports scalable growth across project cycles.
Bears Say
Elevated LeverageDebt at roughly 1.3x equity and operating cash flow to total debt near ~0.31x constrain financial flexibility. Elevated leverage increases vulnerability to execution hiccups or slower collections, meaning deleveraging will require sustained FCF or asset actions over multiple quarters.
Project Cancellation Reduced CAPA $300M CAP reduction trims anticipated backlog and near-term revenue runway. Lost project scope reduces utilization and optionality for deployment of crews and materials, weakening short-to-medium-term growth cadence and forcing reliance on other projects or new awards to replace lost volume.
Execution Risks On Tactical ProjectsRapid, remote tactical projects pose structural execution challenges that can compress margins and raise working capital needs. Persistent recruiting, logistics, or subcontractor capacity shortfalls would strain operations and could erode the improved profitability unless execution protocols scale reliably across multiple fast-turn projects.

Granite Construction News

GVA FAQ

What was Granite Construction’s price range in the past 12 months?
Granite Construction lowest stock price was $89.80 and its highest was $162.08 in the past 12 months.
    What is Granite Construction’s market cap?
    Granite Construction’s market cap is $5.49B.
      When is Granite Construction’s upcoming earnings report date?
      Granite Construction’s upcoming earnings report date is Jul 23, 2026 which is in 12 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 2.25.
                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

                      $168.50
                      ▲(35.59% Upside)
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