Granite Awarded $495M LRT-4 Webb-Zapata Project by Customs and Border Protection
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy GVA?
Granite announced that it has been awarded the LRT-4 Webb-Zapata project by Customs and Border Protection. The approximately $495M project will be included in the company's first quarter 2026 CAP. The project scope consists of 27 miles of tactical infrastructure improvements near Laredo, Texas. This includes significant mass excavation, grading, roads, as well as fencing and cattle guards. Granite will construct seven bridges, eight major culvert crossings, 68 paved concrete low water crossings, and install approximately 27 miles of electrical, lighting, cameras, and fiberoptics. Work on the project is expected to begin in April 2026 and is expected to conclude in July 2027.
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Analyst Views on GVA
Wall Street analysts forecast GVA stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 116.490
Low
108.08
Averages
119.04
High
130.00
Current: 116.490
Low
108.08
Averages
119.04
High
130.00
About GVA
Granite Construction Incorporated is a diversified construction and construction materials company in the United States as well as a full-suite civil construction provider. The Company's segments include Construction and Materials. The Construction segment is focused on construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure and site development for use by the general public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities and energy companies. It also provides construction of various complex projects including infrastructure/site development, mining, public safety, tunnel, solar, battery storage and other power-related projects. The Materials segment is focused on production of aggregates, asphalt concrete, liquid asphalt and recycled materials production for internal use in its construction projects and for sale to third parties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Executive Share Sale Announcement
- Executive Sale: On March 27, 2026, Kyle T Larkin, Director, President, and CEO, sold 38,675 shares of the company, indicating a cautious outlook from executives that may impact investor confidence.
- Market Reaction: Such sales often trigger market interpretations of internal signals, leading investors to worry about executives' confidence in the company's future performance, potentially causing stock price volatility.
- Shareholding Changes: This sale may affect Larkin's ownership percentage, prompting investors to monitor his subsequent holdings to assess implications for the company's strategic direction.
- Investor Attention: The news of executive share sales may spark widespread discussion among investors, particularly in uncertain performance and market conditions, potentially exerting short-term pressure on the company's stock price.
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Granite Construction (GVA.US) Officer Plans to Sell $4.6 Million in Common Stock via Form 144
Stock Sale Announcement: Officer Kyle Tarkin intends to sell 38,675 shares of Granite Construction (GVA.US) on March 27, with a total market value of approximately $4.6 million.
Recent Shareholding Reduction: Tarkin has reduced his shareholding in Granite Construction by 7,314 shares since March 19, 2026, with a total value of around $876.51K.
See More
Granite Awarded $495M LRT-4 Webb-Zapata Project
- Contract Value: Granite has been awarded the LRT-4 Webb-Zapata project by U.S. Customs and Border Protection, valued at approximately $495 million, marking a significant advancement in the company's portfolio of large-scale infrastructure projects, which is expected to substantially enhance its revenue and market position.
- Infrastructure Improvements: The project encompasses 27 miles of infrastructure enhancements near Laredo, Texas, including excavation, grading, roads, fencing, seven bridges, eight culvert crossings, and 68 low water crossings, which will comprehensively improve transportation and safety in the region.
- Technological Installations: Additionally, the project will install electrical systems, lighting, cameras, and fiber optics, further modernizing and securing the infrastructure, ensuring sustainable operations in the future.
- Construction Timeline: Work is set to begin in April 2026 and finish by July 2027, with the project's implementation providing Granite with a stable revenue stream and laying the groundwork for future growth.
See More
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- Significant Political Impact: Musk's controversial political involvement, including spending around $300 million to support Trump's 2024 campaign, has exacerbated public disdain for the tunnel project, particularly when his name is mentioned.
- Local Government Opposition: Metro Nashville Council members voted this month to formally oppose the Music City Loop project, despite state approval for Musk's company to dig under city highways, highlighting tensions between local and state authorities.
- Regulatory Power Controversy: Tennessee is considering a bill that could grant the state regulatory power over underground transit systems, potentially leaving Nashville with limited options to address safety and environmental concerns, raising alarms among local officials and residents.
See More
Granite Awarded $495M LRT-4 Webb-Zapata Project
- Large Project Scope: Granite has been awarded the LRT-4 Webb-Zapata project by Customs and Border Protection, valued at approximately $495 million, which will be included in the company's capital expenditures for Q1 2026, marking a significant growth in federal projects.
- Infrastructure Improvements: The project entails 27 miles of tactical infrastructure enhancements near Laredo, Texas, including significant mass excavation, grading, road construction, fencing, and cattle guards, showcasing Granite's robust capabilities in complex infrastructure projects.
- Multiple Engineering Tasks: Granite will construct seven bridges, eight major culvert crossings, 68 paved concrete low water crossings, and install approximately 27 miles of electrical, lighting, cameras, and fiber optics, further enhancing its competitiveness in federal infrastructure projects.
- Project Timeline: Work on the project is expected to commence in April 2026 and conclude in July 2027, demonstrating Granite's commitment to meeting client needs and its dedication to federal infrastructure development.
See More
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- New Investment Position: On February 17, 2026, Candelo Capital Management acquired 49,088 shares of Granite Construction for approximately $5.66 million, reflecting confidence in the company's future growth, particularly as public infrastructure spending remains robust.
- Significant Stake: This acquisition brings Candelo's stake in Granite Construction to 5.05%, representing 5.1% of its 13F reportable assets under management, indicating a strategic positioning in the infrastructure sector.
- Strong Performance: Granite Construction reported revenue of approximately $4.4 billion in 2025, a 10% year-over-year increase, with net income soaring to about $193 million, up over 60%, highlighting significant improvements in project execution and margins.
- Future Growth Potential: The company ended the year with nearly $7 billion in committed and awarded projects, a record pipeline that is expected to support continued revenue expansion, further attracting investor interest.
See More
Executive Share Sale Announcement
- Executive Sale: On March 27, 2026, Kyle T Larkin, Director, President, and CEO, sold 38,675 shares of the company, indicating a cautious outlook from executives that may impact investor confidence.
- Market Reaction: Such sales often trigger market interpretations of internal signals, leading investors to worry about executives' confidence in the company's future performance, potentially causing stock price volatility.
- Shareholding Changes: This sale may affect Larkin's ownership percentage, prompting investors to monitor his subsequent holdings to assess implications for the company's strategic direction.
- Investor Attention: The news of executive share sales may spark widespread discussion among investors, particularly in uncertain performance and market conditions, potentially exerting short-term pressure on the company's stock price.
See More
Granite Construction (GVA.US) Officer Plans to Sell $4.6 Million in Common Stock via Form 144
Stock Sale Announcement: Officer Kyle Tarkin intends to sell 38,675 shares of Granite Construction (GVA.US) on March 27, with a total market value of approximately $4.6 million.
Recent Shareholding Reduction: Tarkin has reduced his shareholding in Granite Construction by 7,314 shares since March 19, 2026, with a total value of around $876.51K.
See More
Granite Awarded $495M LRT-4 Webb-Zapata Project
- Contract Value: Granite has been awarded the LRT-4 Webb-Zapata project by U.S. Customs and Border Protection, valued at approximately $495 million, marking a significant advancement in the company's portfolio of large-scale infrastructure projects, which is expected to substantially enhance its revenue and market position.
- Infrastructure Improvements: The project encompasses 27 miles of infrastructure enhancements near Laredo, Texas, including excavation, grading, roads, fencing, seven bridges, eight culvert crossings, and 68 low water crossings, which will comprehensively improve transportation and safety in the region.
- Technological Installations: Additionally, the project will install electrical systems, lighting, cameras, and fiber optics, further modernizing and securing the infrastructure, ensuring sustainable operations in the future.
- Construction Timeline: Work is set to begin in April 2026 and finish by July 2027, with the project's implementation providing Granite with a stable revenue stream and laying the groundwork for future growth.
See More
Nashville Tunnel Project Faces Resident Opposition
- Rising Resident Opposition: A recent Vanderbilt University survey reveals that 51% of Nashville residents disapprove of Elon Musk's tunnel project, a significant increase from 35%, indicating that public support is heavily influenced by partisanship.
- Significant Political Impact: Musk's controversial political involvement, including spending around $300 million to support Trump's 2024 campaign, has exacerbated public disdain for the tunnel project, particularly when his name is mentioned.
- Local Government Opposition: Metro Nashville Council members voted this month to formally oppose the Music City Loop project, despite state approval for Musk's company to dig under city highways, highlighting tensions between local and state authorities.
- Regulatory Power Controversy: Tennessee is considering a bill that could grant the state regulatory power over underground transit systems, potentially leaving Nashville with limited options to address safety and environmental concerns, raising alarms among local officials and residents.
See More
Granite Awarded $495M LRT-4 Webb-Zapata Project
- Large Project Scope: Granite has been awarded the LRT-4 Webb-Zapata project by Customs and Border Protection, valued at approximately $495 million, which will be included in the company's capital expenditures for Q1 2026, marking a significant growth in federal projects.
- Infrastructure Improvements: The project entails 27 miles of tactical infrastructure enhancements near Laredo, Texas, including significant mass excavation, grading, road construction, fencing, and cattle guards, showcasing Granite's robust capabilities in complex infrastructure projects.
- Multiple Engineering Tasks: Granite will construct seven bridges, eight major culvert crossings, 68 paved concrete low water crossings, and install approximately 27 miles of electrical, lighting, cameras, and fiber optics, further enhancing its competitiveness in federal infrastructure projects.
- Project Timeline: Work on the project is expected to commence in April 2026 and conclude in July 2027, demonstrating Granite's commitment to meeting client needs and its dedication to federal infrastructure development.
See More
Candelo Capital Management Acquires Stake in Granite Construction
- New Investment Position: On February 17, 2026, Candelo Capital Management acquired 49,088 shares of Granite Construction for approximately $5.66 million, reflecting confidence in the company's future growth, particularly as public infrastructure spending remains robust.
- Significant Stake: This acquisition brings Candelo's stake in Granite Construction to 5.05%, representing 5.1% of its 13F reportable assets under management, indicating a strategic positioning in the infrastructure sector.
- Strong Performance: Granite Construction reported revenue of approximately $4.4 billion in 2025, a 10% year-over-year increase, with net income soaring to about $193 million, up over 60%, highlighting significant improvements in project execution and margins.
- Future Growth Potential: The company ended the year with nearly $7 billion in committed and awarded projects, a record pipeline that is expected to support continued revenue expansion, further attracting investor interest.
See More
