Granite Declares Quarterly Cash Dividend
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy GVA?
Source: Businesswire
- Quarterly Cash Dividend: Granite's Board of Directors has declared a cash dividend of $0.13 per common share, reflecting the company's ongoing commitment to financial stability, which is likely to attract more investor interest.
- Dividend Payment Date: This dividend will be payable on April 15, 2026, to all shareholders of record as of March 31, 2026, ensuring shareholder returns and enhancing investor confidence in the company's financial health.
- Company Background: Founded in 1922, Granite has grown to become one of the largest diversified construction and construction materials companies in the United States, showcasing its leadership in the infrastructure sector and further solidifying its market share.
- Industry Leadership: As a leader in safety and sustainability, Granite's Code of Conduct and strong Core Values ensure high ethical standards, enhancing its brand image and competitive position in the market.
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Analyst Views on GVA
Wall Street analysts forecast GVA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GVA is 119.04 USD with a low forecast of 108.08 USD and a high forecast of 130.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 133.170
Low
108.08
Averages
119.04
High
130.00
Current: 133.170
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.
Granite Construction Reports Strong Q4 2025 Earnings and Growth Strategy
- Record Project Commitments: Granite Construction's committed and awarded projects reached a historic $7 billion by the end of 2025, showcasing its strong competitive position and potential for future growth in the construction market.
- Significant Margin Improvement: The gross profit margin in the construction segment increased from 8.8% in 2020 to 15.7% in 2025, reflecting the company's disciplined approach to project selection and high-quality execution, which is expected to further drive its 2027 financial targets.
- Strategic Acquisitions Expand Market: The company completed three acquisitions in 2025—Warren Paving, Papich Construction, and Cinderlite—enhancing its market presence in the Southeast and home markets in California and Nevada, which are seen as key moves to improve profit margins.
- Optimistic Future Outlook: Revenue for 2026 is projected to be between $4.9 billion and $5.1 billion, supported by a strong macro environment and record project commitments, indicating the company's confidence in sustained growth and profitability.
See More
Granite Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Granite's Board of Directors has declared a cash dividend of $0.13 per common share, reflecting the company's ongoing commitment to financial stability, which is likely to attract more investor interest.
- Dividend Payment Date: This dividend will be payable on April 15, 2026, to all shareholders of record as of March 31, 2026, ensuring shareholder returns and enhancing investor confidence in the company's financial health.
- Company Background: Founded in 1922, Granite has grown to become one of the largest diversified construction and construction materials companies in the United States, showcasing its leadership in the infrastructure sector and further solidifying its market share.
- Industry Leadership: As a leader in safety and sustainability, Granite's Code of Conduct and strong Core Values ensure high ethical standards, enhancing its brand image and competitive position in the market.
See More
Granite Construction Q4 Earnings Beat Expectations with Strong Revenue Growth
- Strong Earnings Performance: Granite Construction reported a Q4 non-GAAP EPS of $1.40, beating expectations by $0.02, which reflects the company's ongoing improvement in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved $1.17 billion in revenue for Q4, representing a 19.8% year-over-year increase and exceeding market expectations by $20 million, indicating robust demand and an increase in market share within the construction sector.
- Record Project Commitments: Committed and awarded projects (CAP) surged 32% year-over-year to $7.0 billion, setting a new record that highlights the company's strong momentum in project acquisition and market expansion.
- Positive Future Outlook: Granite anticipates revenue in the range of $4.9 billion to $5.1 billion for 2026, with an adjusted EBITDA margin of 12% to 13%, demonstrating confidence in future growth and clarity in strategic planning.
See More
Granite Construction Reports Q4 Earnings Growth
- Significant Earnings Growth: Granite Construction reported a fourth-quarter profit of $52.03 million, translating to earnings per share of $1.03, which marks a substantial increase from last year's profit of $41.48 million and EPS of $0.84, indicating a strong enhancement in the company's profitability.
- Adjusted Earnings Performance: Excluding special items, Granite Construction's adjusted earnings reached $64.85 million or $1.40 per share, reflecting robust performance in its core operations and improved earnings quality.
- Strong Revenue Growth: The company experienced a 19.2% year-over-year revenue increase in the fourth quarter, reaching $1.165 billion compared to $977.30 million last year, showcasing strong market demand and business expansion.
- Optimistic Market Outlook: With both revenue and earnings growth, Granite Construction demonstrates strong market competitiveness, suggesting a solid foundation for further strengthening its position in the construction industry and driving future growth.
See More
Granite Construction Q4 Earnings Preview
- Earnings Announcement Date: Granite Construction is set to release its Q4 earnings on February 12 before the market opens, with a consensus EPS estimate of $1.38, reflecting a 12.2% year-over-year growth, indicating robust profitability.
- Revenue Expectations: The anticipated revenue for Q4 is $1.15 billion, representing a 17.7% year-over-year increase, which underscores the company's strong performance amid recovering market demand and accelerated project deliveries.
- Historical Performance Review: Over the past two years, Granite has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, demonstrating its reliability and adaptability in financial forecasting.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision and two downward adjustments, while revenue estimates experienced three upward revisions with no downward changes, indicating growing market confidence in the company's future performance.
See More
Granite Selected for Major Infrastructure Project on U.S. Highway 101
- Project Scale: Granite has been selected for the rehabilitation of an eight-mile stretch of U.S. Highway 101 in Monterey County, California, with an estimated cost of $20 million, backed by federal funding, showcasing the company's robust capabilities in infrastructure.
- Construction Timeline: The project is expected to commence in late Q1 2026 and be completed by Q1 2027, aiming to address roadway issues through pavement restoration, safety device updates, and improved traffic data collection, thereby extending service life.
- Material Supply: Granite's Coalinga Asphalt Plant will supply approximately 31,900 tons of Rubberized Hot Mix Asphalt and 5,930 tons of Hot Mix Asphalt for the project, ensuring high-quality materials and continuous supply, further solidifying the company's market position.
- Strategic Value: Granite's Vice President Larry Camilleri noted that this project reinforces the value created through the acquisition of Papich Construction, leveraging multi-regional capabilities and expertise to deliver high-quality, long-lasting infrastructure, enhancing community service capabilities.
See More
Granite Construction Reports Strong Q4 2025 Earnings and Growth Strategy
- Record Project Commitments: Granite Construction's committed and awarded projects reached a historic $7 billion by the end of 2025, showcasing its strong competitive position and potential for future growth in the construction market.
- Significant Margin Improvement: The gross profit margin in the construction segment increased from 8.8% in 2020 to 15.7% in 2025, reflecting the company's disciplined approach to project selection and high-quality execution, which is expected to further drive its 2027 financial targets.
- Strategic Acquisitions Expand Market: The company completed three acquisitions in 2025—Warren Paving, Papich Construction, and Cinderlite—enhancing its market presence in the Southeast and home markets in California and Nevada, which are seen as key moves to improve profit margins.
- Optimistic Future Outlook: Revenue for 2026 is projected to be between $4.9 billion and $5.1 billion, supported by a strong macro environment and record project commitments, indicating the company's confidence in sustained growth and profitability.
See More
Granite Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Granite's Board of Directors has declared a cash dividend of $0.13 per common share, reflecting the company's ongoing commitment to financial stability, which is likely to attract more investor interest.
- Dividend Payment Date: This dividend will be payable on April 15, 2026, to all shareholders of record as of March 31, 2026, ensuring shareholder returns and enhancing investor confidence in the company's financial health.
- Company Background: Founded in 1922, Granite has grown to become one of the largest diversified construction and construction materials companies in the United States, showcasing its leadership in the infrastructure sector and further solidifying its market share.
- Industry Leadership: As a leader in safety and sustainability, Granite's Code of Conduct and strong Core Values ensure high ethical standards, enhancing its brand image and competitive position in the market.
See More
Granite Construction Q4 Earnings Beat Expectations with Strong Revenue Growth
- Strong Earnings Performance: Granite Construction reported a Q4 non-GAAP EPS of $1.40, beating expectations by $0.02, which reflects the company's ongoing improvement in profitability and boosts investor confidence.
- Significant Revenue Growth: The company achieved $1.17 billion in revenue for Q4, representing a 19.8% year-over-year increase and exceeding market expectations by $20 million, indicating robust demand and an increase in market share within the construction sector.
- Record Project Commitments: Committed and awarded projects (CAP) surged 32% year-over-year to $7.0 billion, setting a new record that highlights the company's strong momentum in project acquisition and market expansion.
- Positive Future Outlook: Granite anticipates revenue in the range of $4.9 billion to $5.1 billion for 2026, with an adjusted EBITDA margin of 12% to 13%, demonstrating confidence in future growth and clarity in strategic planning.
See More
Granite Construction Reports Q4 Earnings Growth
- Significant Earnings Growth: Granite Construction reported a fourth-quarter profit of $52.03 million, translating to earnings per share of $1.03, which marks a substantial increase from last year's profit of $41.48 million and EPS of $0.84, indicating a strong enhancement in the company's profitability.
- Adjusted Earnings Performance: Excluding special items, Granite Construction's adjusted earnings reached $64.85 million or $1.40 per share, reflecting robust performance in its core operations and improved earnings quality.
- Strong Revenue Growth: The company experienced a 19.2% year-over-year revenue increase in the fourth quarter, reaching $1.165 billion compared to $977.30 million last year, showcasing strong market demand and business expansion.
- Optimistic Market Outlook: With both revenue and earnings growth, Granite Construction demonstrates strong market competitiveness, suggesting a solid foundation for further strengthening its position in the construction industry and driving future growth.
See More
Granite Construction Q4 Earnings Preview
- Earnings Announcement Date: Granite Construction is set to release its Q4 earnings on February 12 before the market opens, with a consensus EPS estimate of $1.38, reflecting a 12.2% year-over-year growth, indicating robust profitability.
- Revenue Expectations: The anticipated revenue for Q4 is $1.15 billion, representing a 17.7% year-over-year increase, which underscores the company's strong performance amid recovering market demand and accelerated project deliveries.
- Historical Performance Review: Over the past two years, Granite has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, demonstrating its reliability and adaptability in financial forecasting.
- Estimate Revision Dynamics: In the last three months, EPS estimates saw one upward revision and two downward adjustments, while revenue estimates experienced three upward revisions with no downward changes, indicating growing market confidence in the company's future performance.
See More
Granite Selected for Major Infrastructure Project on U.S. Highway 101
- Project Scale: Granite has been selected for the rehabilitation of an eight-mile stretch of U.S. Highway 101 in Monterey County, California, with an estimated cost of $20 million, backed by federal funding, showcasing the company's robust capabilities in infrastructure.
- Construction Timeline: The project is expected to commence in late Q1 2026 and be completed by Q1 2027, aiming to address roadway issues through pavement restoration, safety device updates, and improved traffic data collection, thereby extending service life.
- Material Supply: Granite's Coalinga Asphalt Plant will supply approximately 31,900 tons of Rubberized Hot Mix Asphalt and 5,930 tons of Hot Mix Asphalt for the project, ensuring high-quality materials and continuous supply, further solidifying the company's market position.
- Strategic Value: Granite's Vice President Larry Camilleri noted that this project reinforces the value created through the acquisition of Papich Construction, leveraging multi-regional capabilities and expertise to deliver high-quality, long-lasting infrastructure, enhancing community service capabilities.
See More
