GVA

Granite Construction Incorporated
NYSEINDUSTRIALSENGINEERING & CONSTRUCTION

Key Statistics

Market Cap
$6.28B
P/E Ratio
39.11
EPS
$3.67
Beta
1.30
52W High
$161.95
52W Low
$89.42
50-Day MA
$140.50
200-Day MA
$122.44
Dividend Yield
0.36%
Profit Margin
3.99%
Forward P/E
22.12
PEG Ratio
0.18

About Granite Construction Incorporated

Granite Construction Incorporated is an infrastructure contractor and producer of building materials in the United States. The company is headquartered in Watsonville, California.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$4.64B
Gross Profit (TTM)$737.27M
EBITDA$451.69M
Operating Margin-3.74%
Return on Equity20.00%
Return on Assets5.19%
Revenue/Share (TTM)$106.20
Book Value$23.59
Price-to-Book6.19
Price-to-Sales (TTM)1.35
EV/Revenue1.582
EV/EBITDA14.38
Quarterly Earnings Growth (YoY)25.10%
Quarterly Revenue Growth (YoY)30.40%
Shares Outstanding$43.75M
Float$43.41M
% Insiders0.94%
% Institutions118.72%

Historical Volatility

HV 10-Day
42.06%
HV 20-Day
37.67%
HV 30-Day
32.73%
HV 60-Day
36.72%
HV Rank
86.1%

Volatility is currently expanding

Analyst Ratings

Consensus ($169.33 target)
3
Buy
1
Hold

Latest News

Granite JV Wins Preconstruction CMAR Contract for Reno Bridge Project

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that Keystone Bridge Partners, a Granite-led joint venture with Condon-Johnson & Associates, Inc., has been selected by the Regional Transportation Commission (RTC) of Washoe County to provide preconstruction services for the Keystone Avenue Bridge Replacement Project in Reno, Nevada. The project will be delivered using the Construction Manager at Risk (CMAR) method. Built in 1966, the Keystone Avenue Bridge spans the T.

Business Wire7/1/2026Neutral
Granite Awarded West Davis Corridor Expansion Project in Utah

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the West Davis Corridor (SR-177) expansion project by the Utah Department of Transportation (UDOT). The contract, valued at approximately $116.9 million, will be included in Granite's second quarter 2026 CAP. Located in West Point, Utah, the project will: Extend the recently completed West Davis Corridor by approximately three miles Enhance mobility and connectivity for the northern Davis County ar.

Business Wire6/24/2026Neutral
Granite Declares Quarterly Dividend

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on July 15, 2026, to all shareholders of record at the close of business on June 30, 2026. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well.

Business Wire6/4/2026Neutral
Granite to Complete Initial Phase of Tahoe Cedars Water System Reconstruction

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced it has been awarded an approximately $19 million Progressive Design-Build (PDB) Guaranteed Maximum Price (GMP) 1 for the Tahoe Cedars Water System Replacement Project by the Tahoe City Public Utility District (TCPUD). The Tahoe Cedars Water System Replacement Project, located on the west shore of Lake Tahoe, California, will modernize critical infrastructure serving the Tahoe Cedars community by replacing aging pipelines and sy.

Business Wire6/3/2026Neutral
Granite Awarded $41 Million Project in Orange County, Florida

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded the All American Boulevard Construction and Kennedy Boulevard Widening project by Orange County, Florida. The project will deliver critical roadway and intersection improvements aimed at easing congestion and improving traffic flow in a busy commercial corridor. The contract value is approximately $41 million and will be included in Granite's second quarter 2026 CAP. The scope of work includes cons.

Business Wire5/27/2026Neutral
Granite Construction Incorporated Announces Redemption of Outstanding 3.75% Convertible Senior Notes due 2028

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has called all of its outstanding 3.75% Convertible Senior Notes due 2028 (the “2028 Notes”) (CUSIP No. 387328 AD9) for redemption on August 10, 2026 (the “Redemption Date”). The redemption price will be an amount in cash equal to 100% of the principal amount of each 2028 Note called for redemption, plus accrued and unpaid interest on such 2028 Note to, but excluding, the Rede.

Business Wire5/19/2026Neutral
Granite Construction Incorporated Prices $600 Million Senior Notes Offering

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) announced today that it has priced its previously announced offering of $600.0 million aggregate principal amount of 6.375% senior notes due 2034 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed by each of Granite's existing and future domestic subsidiaries that is a borrower or gua.

Business Wire5/18/2026Neutral
Granite Construction Incorporated Announces Private Offering of $600 Million of Senior Notes Due 2034

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) announced today that it plans to offer $600.0 million aggregate principal amount of senior notes due 2034 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the “Securities Act”). The Notes will be guaranteed on an unsecured basis by each of Granite's existing and future domestic subsidiaries that is a borrower or a guarantor under Gra.

Business Wire5/18/2026Neutral
Granite Awarded Parks Highway MP 315–325 Reconstruction Project in Alaska

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the Parks Highway MP 315–325 Reconstruction (Construction MP 322–325) project by the Alaska Department of Transportation and Public Facilities. Located near Nenana, Alaska, the project is the second of two phases of the Parks Highway MP 319–325 CM/GC program that Granite has been delivering since 2022. The contract value is approximately $32 million. Work includes approximately 1.2 million cubic ya.

Business Wire5/14/2026Neutral
Granite to Complete $15M Pavement Preservation Near Chickaloon, Alaska

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the Glenn Highway MP 66.5 to 92 Pavement Preservation project by the Alaska Department of Transportation and Public Facilities. The approximately $15M contract is federally funded and was included in Granite's first quarter 2026 CAP. Glenn Highway travels 179 miles from Anchorage to Glennallen. A National Scenic Byway, the road provides access to stunning landscapes and a wealth of outdoor activiti.

Business Wire5/12/2026Neutral

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Data last updated: 7/9/2026