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GVA

GVA - Granite Construction Inc Stock Price, Fair Value and News

62.69USD+0.35 (+0.56%)Market Closed

Market Summary

GVA
USD62.69+0.35
Market Closed
0.56%

GVA Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

GVA Stock Price

View Fullscreen

GVA RSI Chart

GVA Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

77.66

Price/Sales (Trailing)

0.87

EV/EBITDA

16.68

Price/Free Cashflow

17.67

GVA Price/Sales (Trailing)

GVA Profitability

Operating Margin

49.66%

EBT Margin

1.77%

Return on Equity

3.55%

Return on Assets

1.37%

Free Cashflow Yield

5.66%

GVA Fundamentals

GVA Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

20.03%

Rev. Growth (Qtr)

-41.59%

GVA Earnings

Earnings (TTM)

35.6M

Earnings Growth (Yr)

-34.57%

Earnings Growth (Qtr)

-219.17%

Breaking Down GVA Revenue

Last 7 days

4.9%

Last 30 days

13.3%

Last 90 days

32.7%

Trailing 12 Months

69.4%

How does GVA drawdown profile look like?

GVA Financial Health

Current Ratio

1.51

Debt/Equity

0.51

Debt/Cashflow

0.55

GVA Investor Care

Dividend Yield

1.04%

Dividend/Share (TTM)

0.65

Shares Dilution (1Y)

0.62%

Diluted EPS (TTM)

0.71

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.2B000
20233.2B003.5B
20223.5B3.4B3.3B3.3B
20213.3B3.4B3.5B3.5B
20203.4B3.3B3.2B3.1B
20193.3B3.4B3.4B3.4B
20183.1B3.1B3.3B3.3B
20172.5B2.7B2.9B3.0B
20162.4B2.4B2.5B2.5B
20152.3B2.3B2.3B2.4B
20142.3B2.3B2.3B2.3B
20132.2B2.2B2.2B2.3B
20122.1B2.1B2.1B2.1B
20111.8B1.8B1.9B2.0B
20101.8B1.8B1.8B1.8B
200902.4B2.2B2.0B
20080002.7B

Tracking the Latest Insider Buys and Sells of Granite Construction Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 07, 2024
williams bradley jay
sold
-45,907
61.21
-750
senior vice president
Mar 24, 2024
tatusko michael g
sold (taxes)
-301,399
55.03
-5,477
senior vice president
Mar 24, 2024
radich james a
sold (taxes)
-723,590
55.03
-13,149
executive vice president & coo
Mar 24, 2024
curtis lisa
sold (taxes)
-361,712
55.03
-6,573
executive vice president & cfo
Mar 24, 2024
williams bradley jay
sold (taxes)
-64,054
55.03
-1,164
senior vice president
Mar 24, 2024
dowd brian r
sold (taxes)
-362,318
55.03
-6,584
senior vice president
Mar 24, 2024
larkin kyle t
sold (taxes)
-2,277,360
55.03
-41,384
president & ceo
Mar 14, 2024
woolsey staci m
sold (taxes)
-39,523
54.44
-726
chief accounting officer
Mar 14, 2024
dowd brian r
acquired
-
-
15,287
senior vice president
Mar 14, 2024
dowd brian r
sold (taxes)
-67,233
54.44
-1,235
senior vice president

1–10 of 50

Which funds bought or sold GVA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
FOSTER DYKEMA CABOT & PARTNERS, LLC
sold off
-100
-510
-
-%
May 10, 2024
WELLS FARGO & COMPANY/MN
added
5.34
476,328
3,074,840
-%
May 10, 2024
Castleview Partners, LLC
unchanged
-
138
1,257
-%
May 10, 2024
CIBC Private Wealth Group, LLC
new
-
10,658
10,658
-%
May 10, 2024
Campbell & CO Investment Adviser LLC
reduced
-70.49
-2,082,110
1,032,510
0.09%
May 10, 2024
MIZUHO MARKETS AMERICAS LLC
reduced
-4.07
2,583,960
35,882,200
0.88%
May 10, 2024
Rock Point Advisors, LLC
reduced
-5.8
303,820
5,531,670
1.64%
May 10, 2024
LPL Financial LLC
added
403
1,224,110
1,486,760
-%
May 10, 2024
CITIGROUP INC
added
8.8
353,410
1,944,360
-%
May 10, 2024
CORNERCAP INVESTMENT COUNSEL INC
added
18.44
171,131
688,988
0.11%

1–10 of 46

Are Funds Buying or Selling GVA?

Are funds buying GVA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GVA
No. of Funds

Unveiling Granite Construction Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
fmr llc
-
0
SC 13G/A
Feb 13, 2024
vanguard group inc
11.23%
4,933,608
SC 13G/A
Feb 12, 2024
fuller & thaler asset management, inc.
6.26%
2,752,012
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.1%
2,697,476
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
state street corp
6.03%
2,648,716
SC 13G/A
Jan 22, 2024
blackrock inc.
16.5%
7,238,313
SC 13G/A
Mar 10, 2023
fmr llc
-
0
SC 13G/A
Feb 14, 2023
fuller & thaler asset management, inc.
6.74%
2,948,153
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
6.1%
2,674,753
SC 13G/A

Recent SEC filings of Granite Construction Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
144
Notice of Insider Sale Intent
May 07, 2024
4
Insider Trading
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
8-K
Current Report
Apr 25, 2024
ARS
ARS
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
DEFA14A
DEFA14A
Apr 10, 2024
SC 13G/A
Major Ownership Report
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading

Peers (Alternatives to Granite Construction Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
176.2B
67.0B
-2.44% 70.24%
15.67
2.63
8.59% 58.17%
174.6B
69.5B
3.18% 61.48%
49.74
2.51
16.04% -60.91%
39.9B
34.0B
-2.35% 34.23%
19.34
1.17
12.85% -19.64%
39.4B
6.7B
-5.35% 16.96%
29.86
5.84
7.11% 10.53%
12.5B
15.3B
-1.72% 17.74%
-908.64
0.82
13.36% -103.70%
MID-CAP
10.1B
6.9B
-4.46% 63.08%
58.75
1.46
3.19% 62.26%
6.6B
15.5B
-5.12% 50.06%
21.79
0.43
7.53% 3145.00%
6.5B
4.4B
5.55% 40.88%
27.69
1.46
17.31% 1.26%
4.3B
2.4B
8.86% 27.33%
29.86
1.81
4.48% -49.27%
2.4B
1.7B
-8.07% 10.42%
17.56
1.39
8.96% 15.52%
SMALL-CAP
1.5B
1.4B
36.71% -33.83%
25.59
1.07
-13.54% -25.70%
891.2M
573.3M
12.62% 61.41%
27.54
1.55
26.00% -2.24%
746.1M
35.8M
-21.43% -28.36%
-0.79
20.82
-27.93% -18.06%
430.9M
135.4M
12.34% 228.34%
-26.27
3.18
-25.90% 65.37%
255.9M
100.1M
3.28% 447.10%
-31.36
2.56
2.80% 39.07%

Granite Construction Inc News

Latest updates
Yahoo New Zealand News • 33 hours ago
MarketBeat • 09 May 2024 • 07:24 pm
Simply Wall St • 03 May 2024 • 12:19 pm
Business Wire • 02 May 2024 • 10:45 am
CNN • 2 months ago
The Motley Fool • 6 months ago

Granite Construction Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-41.6%672,2751,150,947560,068789,2131,008,910849,247653,886805,6511,062,129964,172669,913830,390955,761811,866530,862885,5871,112,114866,092581,813836,1231,070,899
Gross Profit-42.4%54,28594,31132,35996,781115,05597,56660,09262,446119,935116,94663,31893,319113,01581,04817,27151,224122,55846,7581,13830,491160,661
  S&GA Expenses7.3%87,99381,98773,12280,57461,79560,12170,12090,61977,60358,62861,16192,15672,88978,02373,21613,57073,42470,99880,15579,43970,769
EBITDA Margin15.0%0.06*0.05*0.05*0.06*0.06*0.05*0.05*0.04*0.04*0.00*-----------
Interest Expenses-37.5%4,0996,5632,8913,9242,5193,8993,5854,7275,1315,5025,3726,2986,3596,5494,9945,0414,8394,1584,0144,4814,452
Income Taxes-214.9%-9,5268,289-9,4695,650-7,7108,6686,35221,2518,9047,710-21,7574,93811,272-1,782-14,710-77211,747-5,913-17,350-13,47112,698
Earnings Before Taxes-229.9%-38,96829,998-35,24124,82657,48828,246-18,74314,15841,32733,855-84,15810,625-87,085-2,755-87,2487,93356,513-27,559-77,111-53,98683,959
EBT Margin3.7%0.02*0.02*0.02*0.03*0.02*0.02*0.02*0.00*0.00*-0.04*-----------
Net Income-219.2%-30,98325,998-23,02322,05265,19818,681-26,733-13,21335,04354,461-66,1958,010-91,1623,405-65,370-19,38045,901-24,242-62,470-52,67667,836
Net Income Margin-9.6%0.01*0.01*0.03*0.02*0.01*0.00*0.01*0.00*0.01*-0.03*-----------
Free Cashflow-103.2%-3,798118,088-117,14946,41964,110-95,045-81,449-59,83764,399-96,751-----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-7.8%2,5952,8142,5802,3772,0772,1687867277172,4952,5622,4792,3742,3802,4882,5092,3842,5022,6132,5252,359
  Current Assets-13.7%1,4181,6431,6951,4911,2461,3471,5741,5871,5741,8271,6651,5661,4511,4551,5451,4241,3011,3771,4931,3771,210
    Cash Equivalents-23.0%322418292214200294255175361396464378441425388289243252185145200
  Inventory12.6%11710492.0092.0098.0087.0081.0079.0074.0062.0077.0067.0066.0062.0010210599.0089.0095.0010297.00
  Net PPE0.4%666663570564531509501465450434511433427421536540535542543558553
  Goodwill3.8%16115574.0079.0074.0074.0074.0054.0054.0054.0011754.0054.0054.00117249248264264264260
  Current Liabilities-9.1%9361,0301,0568677237981,0521,0009361,0691,1001,0481,000943975890810842877840676
  Long Term Debt-16.5%513615404459287287287287291331331331332331406406356356395367333
    LT Debt, Current0.1%40.0040.001.001.001.001.001.001.009.009.009.009.009.008.008.008.008.008.008.0048.0047.00
    LT Debt, Non Current-100.0%-615404459287287287287291331331331332331406406356356395367333
Shareholder's Equity2.8%1,0059779559419729539709059429969859889319929721,0911,1001,1781,1841,1941,225
  Retained Earnings-7.3%465502482430453481465402389411430401353425423520523594620580610
  Additional Paid-In Capital1.2%480474472471472470469467515560558557554555554553551549567568566
Shares Outstanding0.5%44.0044.0044.0044.0044.0044.0045.0045.0045.0046.0046.0046.00---------
Minority Interest17.1%58.0050.0051.0040.0047.0032.0036.0033.0036.0028.0037.0033.0028.0016.0017.0023.0032.0037.0038.0048.0048.00
Float----1,700---1,300---1,900---855---2,200-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-83.9%24,073149,509153,146-42,260-76,68870,27888,647-53,098-50,180-37,99190,926-69,09138,087129,794126,18332,608-20,125137,93667,017-57,151-36,364
  Share Based Compensation598.2%12,8951,8471,9281,8744,8281,6141,7751,7622,6141,2261,5392,5771,0651,1741,2671,5382,3981,2891,7031,4735,748
Cashflow From Investing96.0%-10,762-270,020-24,892-40,042-24,336-24,874-16,443-59,07989,396-4,097-19,04217,964-16,303639-20,494-27,3095,9024,8862,718-23,583-24,343
Cashflow From Financing-144.4%-109,222246,050-50,57696,9976,784-6,497-759-74,151-82,904-9,818-1,016-8,620-4,992-82,321-6,58737,650-6,400-65,045-30,18725,429-11,834
  Dividend Payments-100.0%-5,7105,7105,7045,6875,6845,7305,8985,9595,9585,9565,9535,9375,9355,9355,9275,9156,0766,0886,0856,067
  Buy Backs3218.1%7,4162241342443,52317335050,16420,2121271061982,29913225.0075.0065329,9842,96881.003,867
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GVA Income Statement

2024-03-31
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue  
Total revenue$ 672,275$ 560,068
Cost of revenue  
Total cost of revenue617,990527,709
Gross profit54,28532,359
Selling, general and administrative expenses87,99373,122
Other costs, net11,0104,523
Gain on sales of property and equipment, net(1,418)(2,037)
Operating loss(43,300)(43,249)
Other (income) expense  
Interest income(6,702)(3,762)
Interest expense8,0832,891
Net income from affiliates(3,970)(5,187)
Other income, net(1,743)(1,950)
Total other income, net(4,332)(8,008)
Loss before income taxes(38,968)(35,241)
Benefit from income taxes(9,526)(9,469)
Net loss(29,442)(25,772)
Amount attributable to non-controlling interests(1,541)2,749
Net loss attributable to Granite Construction Incorporated$ (30,983)$ (23,023)
Net loss per share attributable to common shareholders  
Basic (USD per share)$ (0.70)$ (0.53)
Diluted (USD per share)$ (0.70)$ (0.53)
Weighted average shares outstanding:  
Basic (shares)43,98843,764
Diluted (shares)43,98843,764
Construction  
Revenue  
Total revenue$ 595,213$ 503,416
Cost of revenue  
Total cost of revenue538,385466,711
Materials  
Revenue  
Total revenue77,06256,652
Cost of revenue  
Total cost of revenue$ 79,605$ 60,998

GVA Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents ($137,121 and $120,224 related to consolidated construction joint ventures (“CCJVs”))$ 321,752$ 417,663
Short-term marketable securities15,50035,863
Receivables, net ($45,744 and $62,040 related to CCJVs)429,830598,705
Contract assets ($79,779 and $68,520 related to CCJVs)306,004262,987
Inventories116,957103,898
Equity in construction joint ventures168,985171,233
Other current assets ($5,780 and $5,590 related to CCJVs)59,07853,102
Total current assets1,418,1061,643,451
Property and equipment, net ($7,592 and $7,557 related to CCJVs)665,524662,864
Investments in affiliates92,67792,910
Goodwill160,842155,004
Intangible assets113,201117,322
Right of use assets79,58078,176
Deferred income taxes, net8,1088,179
Other noncurrent assets56,99755,634
Total assets2,595,0352,813,540
Current liabilities  
Current maturities of long-term debt39,98639,932
Accounts payable ($55,374 and $62,755 related to CCJVs)347,382408,363
Contract liabilities ($49,339 and $50,929 related to CCJVs)223,964243,848
Accrued expenses and other current liabilities ($6,573 and $5,426 related to CCJVs)325,103337,740
Total current liabilities936,4351,029,883
Long-term debt513,203614,781
Long-term lease liabilities65,11563,548
Deferred income taxes, net3,6363,708
Other long-term liabilities72,04174,654
Commitments and contingencies
Equity  
Preferred stock, $0.01 par value, authorized 3,000,000 shares, none outstanding00
Common stock, $0.01 par value, authorized 150,000,000 shares; issued and outstanding: 44,149,644 shares as of March 31, 2024 and 43,944,118 shares as of December 31, 2023441439
Additional paid-in capital479,680474,134
Accumulated other comprehensive income1,290881
Retained earnings465,047501,844
Total Granite Construction Incorporated shareholders’ equity946,458977,298
Non-controlling interests58,14749,668
Total equity1,004,6051,026,966
Total liabilities and equity$ 2,595,035$ 2,813,540
GVA
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company 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. The Materials segment is involved in the production of aggregates and asphalt for internal use, as well as for sale to third parties. It also focuses on water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar, and power projects. In addition, the company 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. It 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. The company was incorporated in 1922 and is headquartered in Watsonville, California.
 CEO
 WEBSITEgraniteconstruction.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES2000

Granite Construction Inc Frequently Asked Questions


What is the ticker symbol for Granite Construction Inc? What does GVA stand for in stocks?

GVA is the stock ticker symbol of Granite Construction Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Granite Construction Inc (GVA)?

As of Mon May 13 2024, market cap of Granite Construction Inc is 2.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GVA stock?

You can check GVA's fair value in chart for subscribers.

What is the fair value of GVA stock?

You can check GVA's fair value in chart for subscribers. The fair value of Granite Construction Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Granite Construction Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GVA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Granite Construction Inc a good stock to buy?

The fair value guage provides a quick view whether GVA is over valued or under valued. Whether Granite Construction Inc is cheap or expensive depends on the assumptions which impact Granite Construction Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GVA.

What is Granite Construction Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, GVA's PE ratio (Price to Earnings) is 77.66 and Price to Sales (PS) ratio is 0.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GVA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Granite Construction Inc's stock?

In the past 10 years, Granite Construction Inc has provided 0.072 (multiply by 100 for percentage) rate of return.