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: 4,100
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
487% more call options, than puts
Call options by funds: $43.6M | Put options by funds: $7.43M
124% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 29
28% more capital invested
Capital invested by funds: $3.04B [Q2] → $3.88B (+$839M) [Q3]
11% more funds holding
Funds holding: 270 [Q2] → 301 (+31) [Q3]
0.97% more ownership
Funds ownership: 111.27% [Q2] → 112.24% (+0.97%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 107
Research analyst outlook
We haven’t received any recent analyst ratings for GVA.
Financial journalist opinion
Based on 4 articles about GVA published over the past 30 days
Neutral
Business Wire
13 hours ago
Granite Announces $88 Million Highway Safety Enhancement Project Near Lake Elsinore, California
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $88 million contract by the California Department of Transportation (Caltrans) to improve a section of Ortega Highway State Route 74 (SR 74). Project funding will come from state and federal sources and the project will be included in Granite's first-quarter CAP. The project scope includes widening the shoulders and roadway, allowing for the installation of centerline and edge line rumble strips. These en.
Positive
Zacks Investment Research
1 day ago
Granite Wins $71M Fort Bliss Contract to Expand Rail Yard
GVA expands its government contracts with a Fort Bliss project.
Neutral
Business Wire
2 days ago
Granite Announces $71 Million Rail Yard Expansion Project at Fort Bliss, Texas
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $71 million contract by the United States Army Corps of Engineers to expand and update the rail yard at Fort Bliss in El Paso, TX. Project funding is to come from federal sources and was included in Granite's 2024 third-quarter CAP. Granite's work will add new loading spurs, expand the vehicle staging area, and create a secondary connection from the rail yard to the Union Pacific Railroad. These improveme.
Neutral
Business Wire
2 weeks ago
Granite's Pat Kelly Elected President of AGC of California for 2025
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Vice President of Operational Excellence, Pat Kelly, has been elected president of the Associated General Contractors (AGC) of California for the year 2025. This appointment recognizes Pat's extensive experience and dedication to the construction industry. Pat Kelly, who has been with Granite for more than four decades, has held various leadership roles within the company, demonstrating exceptional commitment to excellence and innovation.
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 January 15, 2025, to all shareholders of record at the close of business on December 31, 2024. 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 a.
Neutral
Business Wire
1 month ago
Granite Named One of Newsweek's America's Most Responsible Companies for the Third Consecutive Year
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been listed by Newsweek as one of America's Most Responsible Companies in 2025. Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider, present this award to recognize companies for their commitment to doing the right thing for people, the planet, and their communities. This list highlights companies that excel in corporate responsibility, sustainability, and ethical practices. The initial analys.
Neutral
Seeking Alpha
2 months ago
Granite Construction: Infrastructure Spending And An Upgraded Business Model
I'm into infrastructure, and not just data centers for AI. Our road and transportation systems remain awful, and I want to invest in companies that get paid to fix it. Granite Construction is close to a pure play on roadwork.
Positive
Zacks Investment Research
2 months ago
Heavy Construction Industry Gains Momentum: 5 Stocks to Watch
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
Neutral
Business Wire
2 months ago
Granite Announces Phase 1 of the $425 Million Mosaic Quarter Development in Tucson, Arizona
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that it has been awarded the civil scope of work for Phase 1 of the Mosaic Quarter project, an approximately $27 million subcontract for general contractor Hensel Phelps. Mosaic Quarter is a sports and entertainment-focused lifestyle center, serving as a destination point for residents and visitors. It features state-of-the-art venues for entertainment, recreational and collegiate sports, including ice hockey, basketball, soccer.
Positive
Zacks Investment Research
2 months ago
Granite Construction (GVA) Is Up 5.94% in One Week: What You Should Know
Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
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