Granite Construction
About: Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, with the remainder derived from its Materials segment.
Employees: 4,400
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
1,071% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $3.66M
174% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 27
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
23% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 100
15% more capital invested
Capital invested by funds: $3.87B [Q3] → $4.47B (+$598M) [Q4]
14% more funds holding
Funds holding: 302 [Q3] → 344 (+42) [Q4]
4.7% more ownership
Funds ownership: 111.83% [Q3] → 116.54% (+4.7%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for GVA.
Financial journalist opinion
Based on 9 articles about GVA published over the past 30 days
Neutral
Business Wire
8 hours ago
Granite Publishes Annual Sustainability Report
WATSONVILLE, Calif.--(BUSINESS WIRE)--On Wednesday, April 30, Granite (NYSE:GVA) published its 2024 Sustainability Report, highlighting the company's efforts to create enduring value through social responsibility, environmental stewardship, and dependable governance. “Our mission as a business is to provide infrastructure solutions that support more prosperous and resilient communities,” said Granite President and Chief Executive Officer Kyle Larkin. “Sustainability is central to this mission.
Neutral
Business Wire
1 day ago
Granite Enhances Roadside Safety with Upgrades to Coachella Valley Rest Area
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $38 million contract by the California Department of Transportation (Caltrans) to upgrade both eastbound and westbound segments of the Cactus City Rest Area near Coachella, CA. Project funding is to come from state and federal sources and will be included in Granite's second-quarter CAP. Project scope includes demolition of existing structures, earthwork, grading, new drainage installation, ramp and parki.
Neutral
Business Wire
1 week ago
Granite's Asphalt Guru Wins AGC Innovation of the Year Award
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) new AI learning platform, Granite Asphalt Guru, has been honored with the Associated General Contractors of America (AGC) Innovation of the Year Award at the AGC Annual Convention in Columbus, OH. Finalists Daniel Mekis and Olivia McNary presented the platform to a panel of 11 judges, earning recognition for their role in capturing expert knowledge and delivering tailored training for asphalt paving professionals. This award demonstrate.
Neutral
Business Wire
1 week ago
Granite's Asphalt Guru Wins AGC Innovation of the Year Award
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) new AI learning platform, Granite Asphalt Guru, has been honored with the Associated General Contractors of America (AGC) Innovation of the Year Award at the AGC Annual Convention in Columbus, OH. Finalists Daniel Mekis and Olivia McNary presented the platform to a panel of 11 judges, earning recognition for their role in capturing expert knowledge and delivering tailored training for asphalt paving professionals. This award demonstrate.
Positive
Seeking Alpha
1 week ago
Granite Construction: Continued Growth And Valuation Justify Optimism
Granite Construction remains a 'buy' due to its strong financial performance, attractive valuation, and management's optimistic outlook for 2025, despite the recent stock price decline. The company's revenue grew 14.2% in 2024, driven by acquisitions and higher sales prices, with significant growth in both the Materials and Construction segments. Management expects 2025 revenue to rise to $4.2-$4.4 billion and EBITDA margins to improve, indicating continued profitability and cash flow growth.
Neutral
Business Wire
1 week ago
Announcing Granite's $80 Million Infrastructure Project in Forney, Texas
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $80 million contract by the Texas Department of Transportation (TxDOT) to upgrade a section of Farm to Market 548 (FM 548) near Forney, TX. Project funding is to come from state sources and will be included in Granite's first-quarter CAP. This infrastructure project will transform the existing asphalt paved roadway from FM 548 north of US 80 to Windmill Farms Blvd into a concrete paved roadway, including.
Neutral
Business Wire
1 week ago
Granite Announces Timing of Earnings Release and Investor Conference Call
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended March 31, 2025, before the market opens on Thursday, May 1, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 1, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be.
Neutral
Business Wire
2 weeks ago
Granite Earns VETS Indexes 4-Star Employer Award for 2025
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) has been recognized as a 4-Star Employer in the 2025 VETS Indexes Employer Awards, one of the program's highest distinctions. This award acknowledges the company's dedication to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. “Granite has demonstrated exceptional support for veterans and the military-connected community, earning the organization one of most prestigious awards possib.
Positive
Zacks Investment Research
2 weeks ago
Sterling Vs Granite: Which Infrastructure Stock is the Better Buy Now?
Sterling Infrastructure STRL and Granite Construction GVA are prominent mid-cap construction companies in the United States specializing in large-scale infrastructure, transportation and water-related projects. Both firms have seen tailwinds from rising federal and state infrastructure investments, especially with the momentum generated by the Infrastructure Investment and Jobs Act (IIJA).
Neutral
Business Wire
1 month ago
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 April 15, 2025, to all shareholders of record at the close of business on March 31, 2025. 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 wel.
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