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 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
2,457% more call options, than puts
Call options by funds: $29.5M | Put options by funds: $1.15M
46% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 97
0.7% less ownership
Funds ownership: 116.56% [Q4 2024] → 115.86% (-0.7%) [Q1 2025]
6% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 54
2% less funds holding
Funds holding: 345 [Q4 2024] → 337 (-8) [Q1 2025]
15% less capital invested
Capital invested by funds: $4.47B [Q4 2024] → $3.8B (-$674M) [Q1 2025]
43% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 4 (-3) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$76
20%
downside
Avg. target
$76
20%
downside
High target
$76
20%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
Goldman Sachs Jerry Revich | 20%downside $76 | Sell Maintained | 5 May 2025 |
Financial journalist opinion
Based on 7 articles about GVA published over the past 30 days
Neutral
Business Wire
1 day ago
Granite Selected for Garnet Valley Wastewater System Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) today announced that it has secured the second and third work packages, valued at approximately $160 million and $70 million, respectively, under a $230 million Construction Manager at Risk (CMAR) contract for the Garnet Valley Wastewater System project. Awarded by the Southern Nevada Water Authority (SNWA), this contract represents a key component of a broader $900 million infrastructure initiative in the Apex Industrial Park, developed.
Neutral
Business Wire
1 week ago
Granite Announces Timing of Earnings Release and Investor Conference Call
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) will release financial results for the quarter ended June 30, 2025, before market opens on Thursday, August 7, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 7, 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 available by calling 1-8.
Neutral
Business Wire
1 week ago
Granite Joint Venture Awarded $158 Million Guam Defense System Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that its joint venture with Obayashi Corporation has received a federally funded $158 million task order from the Naval Facilities Engineering Command (NAVFAC). The project, issued under the Facilities and Infrastructure Multiple Award Construction Contract (F&I MACC), involves the construction of the Missile Defense Agency (MDA) P694-2 PDI: Guam Defense System, Enhanced Integrated Air and Missile Defense (EIAMD), Phase 1, i.
Neutral
Business Wire
2 weeks ago
Granite Awarded UDOT Bridge Replacement Project in Riverdale, UT
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a $17 million contract by the Utah Department of Transportation (UDOT) for a bridge replacement project in Riverdale, Utah. Project funding is to come from State and Federal sources, and will be included in Granite's second quarter CAP. This project involves the replacement of the 4400 South bridge over Interstate 15 (I-15) and two Interstate 84 (I-84) bridges over 4400 South, originally constructed in the 1960s and now n.
Neutral
Business Wire
3 weeks ago
Granite Awarded $111 Million Utah DOT Project in Salt Lake City
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a $111 million contract by the Utah Department of Transportation (UDOT) for a major infrastructure project in Salt Lake City. Project funding is to come from UDOT and Federal sources and will be included in Granite's second quarter CAP. The Interstate 215 (I-215); State Route 201 (SR-201) to North Temple project spans from milepost 19.53 to 22.8 and includes the rehabilitation of 3 miles of I-215, and 12 mile.
Neutral
Business Wire
3 weeks ago
Announcing Granite's CM/GC Rehabilitation and Construction Project at SFO
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its Construction Manager/General Contractor (CM/GC) project with San Francisco International Airport (SFO) for the Runway 1R-19L Rehabilitation and Taxiway W Construction Project. This project is a key component of SFO's Capital Improvement Program (CIP), a multi-billion-dollar initiative to modernize and improve the airport's infrastructure, including runways, taxiways, and terminals. Project Timeline: Preconstruction: June 202.
Positive
Seeking Alpha
3 weeks ago
Granite Construction Offers Compelling Upside Thanks To Growth Plans
Granite Construction continues to deliver strong growth and remains attractively valued, outperforming the S&P 500 since my initial 'buy' rating. Recent results show revenue growth across both segments, with private sector strength and successful acquisitions fueling expansion despite a slight dip in profitability. Management projects robust organic growth, ongoing acquisitions, and margin improvements, targeting significant EBITDA and cash flow increases by 2027.
Positive
Zacks Investment Research
1 month ago
Tutor Perini vs. Granite: Which Infrastructure Stock is a Better Buy?
Infrastructure spending is booming lately. Read on to find out which among TPC and GVA is gaining more.
Neutral
Business Wire
1 month ago
Granite to Expand Southern Nevada Water Infrastructure with Addition of Rice Pumping Station
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is proud to announce its continued collaboration with the Southern Nevada Water Authority (SNWA) and Contri Construction Company through the award of the Rice Pumping Station & Pipeline Project—part of the Horizon Lateral Program. In partnership with Contri, Granite operates under the Southern Nevada Construction Partners (SNCP), a joint venture. The Horizon Lateral Program is a strategic initiative designed to enhance system reliabil.
Neutral
Business Wire
1 month ago
Granite and JV Partner Advance Southern Nevada Water Infrastructure with Paradise Hills CMAR Project
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA), in partnership with Contri Construction Company, is pleased to announce the formation of Southern Nevada Construction Partners (SNCP), a joint venture. SNCP has been selected to deliver the preconstruction phase of the Paradise Hills Construction Manager at Risk (CMAR) Project for the Southern Nevada Water Authority (SNWA). This infrastructure initiative is a cornerstone of SNWA's Horizon Lateral Program, which is designed to enhance lon.
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