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Industrials - Engineering & Construction - NYSE - US
$ 71.89
-0.222 %
$ 3.12 B
Market Cap
27.44
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GVA stock under the worst case scenario is HIDDEN Compared to the current market price of 71.9 USD, Granite Construction Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GVA stock under the base case scenario is HIDDEN Compared to the current market price of 71.9 USD, Granite Construction Incorporated is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GVA stock under the best case scenario is HIDDEN Compared to the current market price of 71.9 USD, Granite Construction Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart GVA

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$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.0$75.0$75.0$70.0$70.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
4.01 B REVENUE
14.20%
207 M OPERATING INCOME
159.00%
140 M NET INCOME
222.12%
456 M OPERATING CASH FLOW
148.41%
-229 M INVESTING CASH FLOW
36.39%
-67.1 M FINANCING CASH FLOW
-22.43%
977 M REVENUE
-23.38%
60.5 M OPERATING INCOME
-41.95%
47.1 M NET INCOME
731.30%
173 M OPERATING CASH FLOW
882.44%
-17.4 M INVESTING CASH FLOW
88.92%
-39.3 M FINANCING CASH FLOW
-365.65%
Balance Sheet Granite Construction Incorporated
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Current Assets 1.72 B
Cash & Short-Term Investments 727 M
Receivables 840 M
Other Current Assets 150 M
Non-Current Assets 1.31 B
Long-Term Investments 94 M
PP&E 806 M
Other Non-Current Assets 409 M
24.01 %27.77 %4.96 %3.11 %26.64 %13.52 %Total Assets$3.0b
Current Liabilities 1.03 B
Accounts Payable 407 M
Short-Term Debt 21.3 M
Other Current Liabilities 603 M
Non-Current Liabilities 914 M
Long-Term Debt 812 M
Other Non-Current Liabilities 103 M
20.92 %31.01 %41.70 %5.28 %Total Liabilities$1.9b
EFFICIENCY
Earnings Waterfall Granite Construction Incorporated
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Revenue 4.01 B
Cost Of Revenue 3.43 B
Gross Profit 573 M
Operating Expenses 365 M
Operating Income 207 M
Other Expenses 66.9 M
Net Income 140 M
5b5b4b4b4b4b3b3b3b3b2b2b2b2b1b1b500m500m004b(3b)573m(365m)207m(67m)140mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
14.29% GROSS MARGIN
14.29%
5.17% OPERATING MARGIN
5.17%
3.15% NET MARGIN
3.15%
12.45% ROE
12.45%
4.18% ROA
4.18%
7.37% ROIC
7.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Granite Construction Incorporated
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350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 140 M
Depreciation & Amortization 126 M
Capital Expenditures -136 M
Stock-Based Compensation 19.6 M
Change in Working Capital 0
Others 156 M
Free Cash Flow 320 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Granite Construction Incorporated
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Wall Street analysts predict an average 1-year price target for GVA of $70 , with forecasts ranging from a low of $70 to a high of $70 .
GVA Lowest Price Target Wall Street Target
70 USD -2.63%
GVA Average Price Target Wall Street Target
70 USD -2.63%
GVA Highest Price Target Wall Street Target
70 USD -2.63%
Price
Max Price Target
Min Price Target
Average Price Target
1001009595909085858080757570706565606055555050May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.15% DIVIDEND YIELD
0.13 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.600.600.500.500.400.400.300.300.200.200.100.100.000.000.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.130.520.130.520.130.520.130.520.130.520.130.520.130.520.130.520.130.520.130.520.132015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 13
6. Ownership
Insider Ownership Granite Construction Incorporated
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Sold
0-3 MONTHS
533 K USD 3
3-6 MONTHS
3.37 M USD 3
6-9 MONTHS
547 K USD 2
9-12 MONTHS
45.9 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Granite Declares Quarterly Dividend 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 April 15, 2025, to all shareholders of record at the close of business on March 31, 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 as wel. businesswire.com - 1 month ago
Granite Earns its Fifth Consecutive Early Talent Award from Handshake WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has secured Handshake's Early Talent Award (ETA) for the fifth consecutive year. This annual award celebrates the best employers for individuals starting their careers. Granite is among a select group in its industry to be recognized out of over 900,000 employers using Handshake. The ETA highlights companies that excel in brand resonance, effective engagement (measured by unique clicks per message recipient), active participation in event. businesswire.com - 1 month ago
Granite Joint Venture Team Awarded $97 Million Military Infrastructure Project in Guam WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that the joint venture team comprised of Granite and Obayashi Corporation has been awarded an approximately $97 million contract by the Naval Facilities Engineering Command (NAVFAC) to improve the Battery Energy Storage System (BESS) capabilities at Polaris Point, Guam. Project funding comes from the Department of Defense (DOD), and as consolidating partner, the total contract award of $97 million will be included in Grani. businesswire.com - 1 month ago
Granite Secures $66M Caltrans Contract for SR99 Interchange This $66 million contract boosts GVA's portfolio and enhances California's infrastructure. zacks.com - 1 month ago
Granite Announces Caldwell Avenue Interchange Reconstruction Project on SR99 in Visalia, California WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $66 million contract by the California Department of Transportation (Caltrans) for an infrastructure project that will enhance the Caldwell Avenue interchange located on SR99 in Visalia, California. Project funding comes from state and federal sources and will be included in Granite's first-quarter CAP. The project scope includes the construction of two new precast girder bridges: a two-span structure ove. businesswire.com - 1 month ago
Granite Construction Incorporated (GVA) Q4 2024 Earnings Call Transcript Granite Construction Incorporated (NYSE:GVA ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Mike Barker – Vice President of Investor Relations Kyle Larkin – President and Chief Executive Officer Staci Woolsey – Executive Vice President and Chief Financial Officer Conference Call Participants Steven Ramsey – Thompson Research Group Michael Dudas – Vertical Research Partners Jerry Revich – Goldman Sachs Jean Veliz – D.A. Davidson Operator Good morning everyone. seekingalpha.com - 2 months ago
Granite Reports Fourth Quarter and Fiscal Year 2024 Results WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Results Net income totaled $41 million, or $0.84 per diluted share, compared to net income of $26 million, or $0.55 per diluted share, for the same period in the prior year. Adjusted net income (1) totaled $56 million, or $1.23 per diluted share, compared to adjusted net income (1) of $38 million, or $0.85 per diluted s. businesswire.com - 2 months ago
Granite's $78 Million Road Congestion Relief Project in Anaheim, California WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a $78 million infrastructure project by the California Department of Transportation (Caltrans) in Orange County, California. Project funding is to come from state and federal sources and will be included in Granite's first-quarter CAP. The project is centered around the demolition and reconstruction of a 320-foot-long concrete bridge. This new bridge is designed to improve mobility throughout the State Route 55 and State. businesswire.com - 2 months ago
Outperforming Hennessy Fund Comanager Shares Favorite Stocks In a market focused on the megacap stocks, Joshua Wein steers clear of the giants while running one of the best mutual funds. The post Outperforming Hennessy Fund Comanager Shares Favorite Stocks appeared first on Investor's Business Daily. investors.com - 2 months ago
Granite/Lehman-Roberts Leader Pat Nelson Elected 2025 NAPA Chairman WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Regional Vice President and President of Lehman-Roberts Company, Pat Nelson, has been elected National Asphalt Pavement Association's (NAPA) 2025 Chairman of the Board. Pat's term began by taking the Oath of Office at NAPA's Annual Meeting on February 3. Lehman-Roberts, a Granite Company, was a founding member of NAPA 70 years ago, and Pat's steady involvement in NAPA has spanned two decades. He has served the association in numerous capa. businesswire.com - 2 months ago
Granite Construction: Still Attractive On Growth And Margin Expansion Granite Construction has shown strong financial performance, with significant revenue and profit growth, driven by favorable conditions and acquisitions. Despite impressive gains, the stock is nearing a valuation where a downgrade to 'hold' might be necessary if outperformance continues. Management's guidance for 2027 suggests continued organic growth and margin expansion, indicating potential for further upside. seekingalpha.com - 2 months ago
Granite Announces Timing of Earnings Release and Investor Conference Call WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended December 31, 2024, before market opens on Thursday, February 13, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 13, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call w. businesswire.com - 2 months ago
8. Profile Summary

Granite Construction Incorporated GVA

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COUNTRY US
INDUSTRY Engineering & Construction
MARKET CAP $ 3.12 B
Dividend Yield 0.15%
Description Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. It operates through two segments, Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies. The company also constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. In addition, it offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities; and provides construction management professional services. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California.
Contact 585 West Beach Street, Watsonville, CA, 95076 https://www.graniteconstruction.com
IPO Date April 20, 1990
Employees 2300
Officers Mr. James A. Radich Executive Vice President & Chief Operating Officer Ms. Staci M. Woolsey Executive Vice President & Chief Financial Officer Mr. Kyle T. Larkin President, Chief Executive Officer & Director