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Granite Construction

GVA

Market cap $5.46B

123.62 USD

+1.93

1.59%

At close Updated Oct 30, 4:00 PM EDT

Pre-market

After hours

123.62

0.00

0%

1 day

1.59%

5 days

14.72%

1 month

6.65%

3 months

7.57%

6 months

-9.81%

Year to date

4.17%

1 year

20.23%

5 years

228.17%

10 years

151.46%

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. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, 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, and rest from Materials segment.

Employees: 5,800

Industrials Engineering & Construction

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 39.1%

Neutral 60.9%

Negative 0%

Investors Business Daily

Construction Stocks Begin Turnaround Even As AI Spending Fears Mount

MasTec and Quanta Services both soared after beating earnings earlier this week. The gains mark a turnaround for construction stocks.

Construction Stocks Begin Turnaround Even As AI Spending Fears Mount

Granite Construction Q3 Earnings Call Highlights

Granite Construction NYSE: GVA reported record third-quarter revenue, gross profit and adjusted EBITDA, citing strong construction execution, a record committed-and-awarded projects backlog and contributions from recent acquisitions. The company also raised the low end of its 2026 revenue outlook and outlined financial targets through 2029.

Granite Construction Q3 Earnings Call Highlights

Granite Construction Incorporated (GVA) Q3 2026 Earnings Call Transcript

Granite Construction Incorporated ( GVA ) Q3 2026 Earnings Call October 29, 2026 11:00 AM EDT Company Participants Michael Barker - Vice President of Investor Relations Kyle Larkin - President, CEO & Director Staci Woolsey - Executive VP & CFO Conference Call Participants Brent Thielman - Oppenheimer & Co. Inc., Research Division Ethan Roberts - Stephens Inc., Research Division Steven Ramsey - Thompson Research Group, LLC Kevin Gainey - Thompson, Davis & Company, Inc., Research Division Michael Dudas - Vertical Research Partners, LLC Anuj Khandelwal - Goldman Sachs Group, Inc., Research Division Presentation Operator Good morning. My name is Steve, and I'll be your conference facilitator today.

Granite Construction Incorporated (GVA) Q3 2026 Earnings Call Transcript

Zacks Investment Research

Granite Construction (GVA) Q3 Earnings and Revenues Beat Estimates

Granite Construction (GVA) came out with quarterly earnings of $3.81 per share, beating the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $2.7 per share a year ago.

Granite Construction (GVA) Q3 Earnings and Revenues Beat Estimates

Granite Reports Third Quarter 2026 Results and Introduces 2029 Targets

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended September 30, 2026. Third Quarter 2026 Results Net income attributable to Granite totaled $3 million, or $0.07 per diluted share, compared to net income attributable to Granite of $103 million, or $1.98 per diluted share, for the same period in the prior year. Current period net income was unfavorably impacted by $162 million of net non-operating charges associated with settling the conversio.

Granite Reports Third Quarter 2026 Results and Introduces 2029 Targets

Granite Awarded SR 202 Widening and Trestle Replacement Project

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the SR 202 Widening and Trestle Replacement Project - Phase B by the City of Woodinville, Washington. The contract is valued at approximately $16 million and will be included in Granite's fourth quarter 2026 CAP. The project will widen SR 202/131st Avenue NE between NE 177th Street and NE 175th Street from five lanes to eight lanes, and replace the existing railroad trestle with a new, unique arched.

Granite Awarded SR 202 Widening and Trestle Replacement Project

Granite Awarded Aircraft Arresting System Project in Florida

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded a contract by the U.S. Army Corps of Engineers (USACE) for the construction of a BAK-12/14 aircraft arresting system at Homestead Air Reserve Base in Homestead, Florida. The project is valued at approximately $11 million and will be included in Granite's third quarter 2026 CAP. Granite's scope of work includes constructing and installing the BAK-12/14 aircraft arresting system, which provides a cri.

Granite Awarded Aircraft Arresting System Project in Florida

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 September 30, 2026, before the market opens on Thursday, October 29, 2026. The Company's quarterly earnings presentation will also be available at that time on its Investor Relations website, investor.graniteconstruction.com. Granite will host an investor conference call at 8:00 a.m. PT that day to discuss its results. The Company invites investors to listen to a live audio webcast of.

Granite Announces Timing of Earnings Release and Investor Conference Call

Granite Construction: More EBITDA, Less Multiple, Still A Buy

Granite Construction remains a Buy with a revised FY27 price target of $159, reflecting faster-than-expected EBITDA growth driven by Construction, not Materials. GVA's FY26 EBITDA guidance of $689M surpasses prior FY28 estimates, with the Construction segment organic growth at 15.3% and a robust $7.4B backlog supporting near-term revenue. I apply a 10.3x EV/EBITDA multiple, reflecting contractor comps and margin improvement above 10%, while maintaining conservative margin assumptions below company guidance.

Granite Construction: More EBITDA, Less Multiple, Still A Buy

Granite Joint Venture Awarded $324.8 Million Big Creek Tunnel Project in Ohio

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that the Granite-Super Joint Venture has been awarded a contract by the Northeast Ohio Regional Sewer District (NEORSD) for the Big Creek Tunnel (BCT) project in Cleveland, Ohio. The contract, a joint venture between Granite and Super Excavators, is valued at approximately $324.8 million and will be included in third quarter CAP. The BCT is part of Project Clean Lake, a $3 billion, 24-year program that NEORSD began in 2011.

Granite Joint Venture Awarded $324.8 Million Big Creek Tunnel Project in Ohio

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