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GVA Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
140.020
Open
137.930
VWAP
137.81
Vol
1.07M
Mkt Cap
5.99B
Low
136.580
Amount
147.70M
EV/EBITDA(TTM)
--
Total Shares
43.75M
EV
--
EV/OCF(TTM)
--
P/S(TTM)
--
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.
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Events Timeline

(ET)
2026-05-27
16:40:00
Granite Awarded $41 Million Construction Project in Florida
select
2026-05-18 (ET)
2026-05-18
08:50:00
Granite Construction to Offer $600M Senior Notes in Private Placement
select
2026-05-14 (ET)
2026-05-14
16:40:00
Granite Awarded Parks Highway Reconstruction Project Contract Worth Approximately $32M
select
2026-04-30 (ET)
2026-04-30
07:10:00
Granite Reports Q1 Revenue of $912M, Beating Expectations
select
2026-04-01 (ET)
2026-04-01
16:40:00
Granite Awarded $114M Contract by Caltrans
select
2026-03-26 (ET)
2026-03-26
16:40:00
Granite Awarded $495M LRT-4 Webb-Zapata Project by Customs and Border Protection
select

News

seekingalpha
8.5
05-27seekingalpha
Granite Awarded $41 Million Road Project in Florida
  • Project Award: Granite has been awarded a road construction and widening project in Orange County, Florida, valued at approximately $41 million, indicating the company's ongoing expansion in the infrastructure sector and expected enhancement of its market share.
  • Project Details: The project includes the construction of a new alignment for All American Boulevard and widening work along Kennedy Boulevard, showcasing the company's capability and commitment to improving transportation infrastructure, which is expected to enhance local traffic flow.
  • Timeline: Construction is expected to begin in June 2026 and be completed by January 2029, providing the company with a stable revenue source and contributing positively to its future financial performance.
  • Financial Impact: This contract will be included in Granite's committed and awarded projects for the second quarter of 2026, further solidifying its financial foundation for the coming years and reflecting the company's competitiveness in securing large-scale projects.
Newsfilter
7.5
05-27Newsfilter
Granite Awarded Major Construction Project in Florida
  • Contract Value: Granite has been awarded the All American Boulevard Construction and Kennedy Boulevard Widening project by Orange County, Florida, with a contract value of approximately $41 million, which will be included in Granite's second quarter 2026 capital expenditures.
  • Traffic Improvement Plan: The project aims to enhance traffic flow in a busy commercial corridor by constructing a new alignment for All American Boulevard and widening Kennedy Boulevard, which is expected to significantly alleviate congestion.
  • Funding Sources: Funding for the project is provided by Orange County Public Works and the Florida Department of Transportation, ensuring financial backing and smooth execution while strengthening Granite's partnership with local government.
  • Construction Timeline: Construction is expected to begin in June 2026 and be completed by January 2029, marking Granite's first direct contract with Orange County and showcasing the company's ongoing growth potential in the infrastructure sector.
Newsfilter
8.5
05-19Newsfilter
Granite Announces Redemption of 2028 Convertible Senior Notes
  • Redemption Announcement: Granite Construction has announced the redemption of all outstanding 3.75% Convertible Senior Notes due August 10, 2026, at a price equal to the principal plus accrued interest, reflecting a proactive approach to debt management.
  • Increased Conversion Rate: The conversion rate for the 2028 Notes has been raised to 21.8116 shares per $1,000 principal from today until August 6, 2026, with an additional 0.1309 shares, which may incentivize investors to convert before redemption, potentially boosting demand for the company's stock.
  • Cash Settlement Option: Granite has opted for cash settlement for conversions during this period, up to $2,617.40 per $1,000 principal, with any excess settled in shares, a flexible approach that could enhance investor participation.
  • Risk Advisory: The company cautions investors about the risks associated with forward-looking statements, particularly regarding the potential impact of the redemption and related derivative transactions on stock prices, highlighting market uncertainties and potential volatility.
Newsfilter
8.5
05-18Newsfilter
Granite Construction Prices $600 Million Offering of 6.375% Senior Notes
  • Offering Size: Granite Construction has announced the pricing of $600 million in senior notes at a 6.375% interest rate, expected to close on June 2, 2026, which will enhance the company's capital structure and support future financial flexibility.
  • Defined Use of Proceeds: The net proceeds from this offering will be used to redeem the 2028 Convertible Senior Notes, which have an estimated market value of approximately $827.3 million, thereby reducing future interest burdens and optimizing the debt structure.
  • Conversion Impact: Granite expects that a substantial number of holders of the 2028 Notes will elect to convert, potentially settling partially in shares, which will affect cash outflows and may enhance shareholder value, reflecting the company's confidence in future growth.
  • Compliance and Market Positioning: This note offering is exempt from registration and is targeted at qualified institutional buyers, demonstrating Granite's flexibility in capital markets and indicating the company's strategic adaptability in the current market environment.
seekingalpha
8.5
05-18seekingalpha
Granite Construction Prices $600M Senior Notes Offering
  • Financing Scale: Granite Construction has priced a $600 million offering of senior notes at a 6.375% interest rate, expected to close on June 2, providing crucial funding to optimize its capital structure.
  • Debt Restructuring Plan: The company intends to use the proceeds from this offering, along with cash on hand, to redeem all outstanding 3.75% convertible senior notes due 2028, thereby reducing future interest burdens and improving financial flexibility.
  • Diverse Use of Funds: In addition to redeeming convertible notes, Granite may use any remaining proceeds to repay borrowings under its revolving credit facility and for general corporate purposes, which will enhance the company's liquidity and financial stability.
  • Subsidiary Guarantees: The senior notes will be guaranteed by certain domestic subsidiaries, further bolstering investor confidence in the debt's security and reflecting the company's robust position in the market.
seekingalpha
8.5
05-18seekingalpha
Granite Construction Plans $600M Senior Notes Offering
  • Notes Offering Plan: Granite Construction announced its intention to offer $600 million in senior notes through a private placement, maturing in 2034, which will provide additional funding to enhance financial flexibility.
  • Guarantee Structure: The notes will be guaranteed on an unsecured basis by Granite's existing and future domestic subsidiaries, ensuring investor rights and reducing financing risks.
  • Use of Proceeds: The company plans to use the net proceeds from the offering, along with cash on hand and cash payments from financial institutions, primarily to repay the 2028 convertible senior notes and outstanding borrowings under its revolving credit facility.
  • Market Value Assessment: The estimated market value of the 2028 notes is approximately $827.3 million, based on the closing price of $138.55 per share on the NYSE on May 15, 2026, indicating strong stock performance and future growth potential.
Wall Street analysts forecast GVA stock price to rise
2 Analyst Rating
Wall Street analysts forecast GVA stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
108.08
Averages
119.04
High
130.00
Current: 0.000
sliders
Low
108.08
Averages
119.04
High
130.00
Oppenheimer
Outperform
initiated
$170
AI Analysis
2026-05-28
New
Reason
Oppenheimer
Price Target
$170
AI Analysis
2026-05-28
New
initiated
Outperform
Reason
Oppenheimer initiated coverage of Granite with an Outperform rating and $170 price target. The company's strategic changes under current CEO Kyle Larkin are underappreciated at current share levels, the analyst tells investors in a research note. The firm says Granite has "significantly improved" profitability and cash conversion metrics. The company offers exposure to public infrastructure funding and potential for expanding contributions from "high margin" federal and data center heavy civil services, contends Oppenheimer.
Goldman Sachs
Adam Bubes
Neutral
maintain
$124 -> $132
2026-02-17
Reason
Goldman Sachs
Adam Bubes
Price Target
$124 -> $132
2026-02-17
maintain
Neutral
Reason
Goldman Sachs analyst Adam Bubes raised the firm's price target on Granite to $132 from $124 and keeps a Neutral rating on the shares. The firm is citing the company's strong backlog growth and continued cash conversion execution revealed with its Q4 earnings beat and above-consensus FY26 guide, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for GVA
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Valuation Metrics

The current forward P/E ratio for Granite Construction Inc (GVA.N) is 21.28, compared to its 5-year average forward P/E of 15.83. For a more detailed relative valuation and DCF analysis to assess Granite Construction Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.83
Current PE
21.28
Overvalued PE
20.57
Undervalued PE
11.08

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.32
Current EV/EBITDA
-376.91
Overvalued EV/EBITDA
52.57
Undervalued EV/EBITDA
-51.94

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.66
Current PS
1.06
Overvalued PS
0.88
Undervalued PS
0.44

Financials

AI Analysis
Annual
Quarterly

Whales Holding GVA

H
Hood River Capital Management LLC
Holding
GVA
+24.71%
3M Return
H
Hill City Capital LP
Holding
GVA
+19.85%
3M Return
F
Frontier Capital Management
Holding
GVA
+15.92%
3M Return
S
Systematic Financial Management LP
Holding
GVA
+15.87%
3M Return
H
Hennessy Advisors, Inc.
Holding
GVA
+12.76%
3M Return
P
PDT Partners, LLC
Holding
GVA
+9.63%
3M Return

Trading Trends

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Frequently Asked Questions

What is Granite Construction Inc (GVA) stock price today?

The current price of GVA is 136.84 USD — it has decreased -0.34

What is Granite Construction Inc (GVA)'s business?

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.

What is the price predicton of GVA Stock?

Wall Street analysts forecast GVA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GVA is119.04 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.

What is Granite Construction Inc (GVA)'s revenue for the last quarter?

Granite Construction Inc revenue for the last quarter amounts to 912.47M USD, increased 30.44

What is Granite Construction Inc (GVA)'s earnings per share (EPS) for the last quarter?

Granite Construction Inc. EPS for the last quarter amounts to -0.96 USD, increased 24.68

How many employees does Granite Construction Inc (GVA). have?

Granite Construction Inc (GVA) has 2500 emplpoyees as of May 31 2026.

What is Granite Construction Inc (GVA) market cap?

Today GVA has the market capitalization of 5.99B USD.