Granite Construction (GVA)
NYSE:GVA
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GVA Stock Chart & Stats
$124.27
-$0.73(-0.83%)
At close: 4:00 PM EST
$124.27
-$0.73(-0.83%)
Day’s Range― - ―
52-Week Range$81.48 - $145.00
Previous CloseN/A
Volume46.12K
Average Volume (3M)577.29K
Market Cap
$6.18B
Enterprise Value$7.28B
Total Cash (Recent Filing)$314.90M
Total Debt (Recent Filing)$1.36B
Price to Earnings (P/E)―
Beta1.01
Next Earnings
Jul 23, 2026EPS Estimate
2.33Next Dividend Ex-DateN/A
Dividend Yield0.45%
Share Statistics
EPS (TTM)4.23
Shares Outstanding43,746,700
10 Day Avg. Volume524,792
30 Day Avg. Volume577,289
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/Revenue1.57
Enterprise Value/Gross Profit9.87
Enterprise Value/Ebitda15.10
Forecast
1Y Price Target
$143.50Price Target Upside15.47% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.43
Revenue Forecast (FY)$4.96B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthGranite's strong trailing‑12‑month operating cash flow and free cash flow demonstrate durable internal funding for capex, working capital and M&A. FCF covering about 77% of net income supports reinvestment and debt servicing capacity, improving resilience across cycles.
Backlog And Federal DiversificationA $7.2B backlog provides multi‑period revenue visibility for an infrastructure contractor. Growing federal CAP increases likelihood of funded work and reduces single‑state exposure; federal and mission‑critical project mix supports steadier demand and margin stability over time.
Margin Improvement & Accretive M&AManagement's raised margin guidance plus targeted acquisitions that add high‑teen EBITDA margins indicate sustainable operating leverage and disciplined growth. Combined with Materials segment outperformance, vertical integration can protect margins and improve cash conversion long term.
Bears Say
Elevated LeverageDebt materially above equity increases financial sensitivity to project delays or demand slowdowns. Elevated leverage constrains capital flexibility, lengthens deleveraging timelines even with strong FCF, and raises refinancing and covenant risks if macro conditions worsen.
Project Cancellation Reduces CAPA $300M CAP reduction highlights the execution and funding risk in public projects; cancellations materially shorten near‑term revenue runway and can idle committed resources. Recurring cancellations would erode backlog reliability and planning accuracy for crews and materials.
Execution Risks On Tactical ProjectsRapid, remote tactical infrastructure work strains recruiting, logistics and subcontractor networks, increasing cost and schedule overrun risk. Repeated execution challenges on such projects can compress margins, raise working capital needs, and impair free cash flow durability.
Granite Construction News
GVA FAQ
What was Granite Construction’s price range in the past 12 months?
Granite Construction lowest stock price was $81.48 and its highest was $145.00 in the past 12 months.
What is Granite Construction’s market cap?
Granite Construction’s market cap is $6.18B.
When is Granite Construction’s upcoming earnings report date?
Granite Construction’s upcoming earnings report date is Jul 23, 2026 which is in 75 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.
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 2.33.
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
Granite Construction Stock Smart Score
Outperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$143.50 (15.47% Upside)
$143.50 (15.47% Upside)
Blogger Sentiment
Bullish
GVA Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 58.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 6.6%
Last 30 Days ▲ 6.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.64%
12-Months-Change
Fundamentals
Return on Equity
16.70%
Trailing 12-Months
Asset Growth
30.01%
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
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 summariesGVA Stock 12 Month Forecast
Average Price Target
$143.50
▲(15.47% Upside)
Technical Analysis
Ownership Overview
0.81% Insiders
34.47% Mutual Funds
4.52% Other Institutional Investors
28.28% Public Companies and
Individual Investors