Granite Construction

GVA

Market cap $4.59B

The infrastructure market in the United States is in full swing, given the several federal and state funding initiatives targeting the enhancement of public infrastructure alongside ensuring sustainability. These market trends are proving favorable for companies like Sterling Infrastructure, Inc. STRL and Granite Construction Incorporated GVA, which operate in the U.S. infrastructure or construction sector, competing for public works, transportation and civil engineering contracts.

Granite Construction is a leading U.S. civil works contractor with a balanced revenue mix from public and private infrastructure projects. GVA's vertical integration in materials boosts margins, and recent acquisitions position it for higher profitability and a potential business re-rating. Valuation analysis suggests GVA is undervalued relative to peers, with a three-year price target of $145 per share and a buy rating.

Granite Construction continues to deliver strong revenue, profit, and cash flow growth, driven by both organic gains and strategic acquisitions. GVA's recent purchases of Warren Paving and Papich Construction are expected to significantly boost EBITDA, operating cash flow, and net income. Despite recent share appreciation, GVA remains undervalued compared to peers, offering substantial upside potential based on relative valuation multiples.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has secured a contract valued at approximately $24 million from San Bernardino County to replace aging bridges along Route 66 in Amboy, California. Funding comes from state and federal sources, and will be reflected in Granite's third quarter CAP. This project addresses structures that no longer meet modern load-bearing standards and are unable to support today's vehicular traffic volumes and weights safely. The targeted stre.

WATSONVILLE, Calif.--(BUSINESS WIRE)--A Granite (NYSE: GVA) subsidiary, Centennial Aggregate Inc. has acquired Cinderlite Trucking Corporation (“Cinderlite”), a leading construction materials, landscape supply, and transportation company in Carson City, Nevada. “I am happy to announce the acquisition of Cinderlite,” says Granite President and CEO, Kyle Larkin. “It is a great construction materials business that is aligned with our home market strategy in the busy northern Nevada construction la.

Here is how Granite Construction (GVA) and Sterling Infrastructure (STRL) have performed compared to their sector so far this year.

WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) has secured the No. 1 ranking in Highways on Engineering News-Record (ENR) magazine's 2025 Top Contractors List for the fifth consecutive year. ENR, a leading trade publication in the construction industry, evaluates the largest public and private companies across major market sectors, highlighting the top performers in each category. This continued recognition underscores Granite's leadership and excellence in the highways sector. ENR ra.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is proud to announce that the National Stone, Sand & Gravel Association (NSSGA) has recognized Granite with the Louis Griesemer Sterling Safety Award in Silver, and a total of 10 Awards of Excellence in the categories of Community Relations and Environmental Excellence. This esteemed recognition was conferred during the NSSGA Legislative & Policy Forum, held in Washington DC on September 17, 2025. “It is with great honor that Gran.

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 October 15, 2025, to all shareholders of record at the close of business on September 30, 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.

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced today the appointment of J. Timothy Romer to its Board of Directors, effective September 8, 2025. With nearly four decades of experience in finance and infrastructure, Mr. Romer brings a wealth of expertise to support Granite's strategic growth initiatives. Mr. Romer's distinguished career includes leadership roles at top-tier financial institutions. Mr. Romer spent 30 years in senior roles at Goldman Sachs and Merrill Lynch, l.