Profile
Sector:
IndustrialsIndustry:
Engineering & ConstructionCountry:
United StatesIPO:
20 April 1990Next earnings report:
21 February 2025Last dividends:
30 September 2024Next dividends:
N/APrice
regular market | 9 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
GVA Latest News
I'm into infrastructure, and not just data centers for AI. Our road and transportation systems remain awful, and I want to invest in companies that get paid to fix it. Granite Construction is close to a pure play on roadwork.
Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Granite Construction Incorporated (NYSE:GVA ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Mike Barker - Vice President-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 Brent Thielman - D.A. Davidson Michael Dudas - Vertical Research Partners Operator Good morning, my name is Andrea, and I will be your conference facilitator today.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Net income attributable to Granite Construction Incorporated totaled $79 million, or $1.57 per diluted share, compared to $58 million, or $1.13 per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite Construction Incorporated (1) totaled $91 million, or $2.05 per diluted shar.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) continues to expand its home market strategy in the Southeast through various projects, leveraging its recent acquisitions of Lehman-Roberts, Memphis Stone & Gravel (MSG), and Dickerson & Bowen Inc. (D&B). The following projects demonstrate versatility in the construction and materials industry in the region: Olive Branch Airport taxiway rehabilitation, Mississippi: Lehman-Roberts was recently awarded this project which consis.
Granite Construction has seen impressive stock growth, up 104.7% since my 'buy' recommendation in March 2023, outperforming the broader market significantly. Despite the massive rise, I maintain a soft 'buy' rating due to continued revenue growth and attractive pricing relative to peers. The company's strong performance is driven by increased public spending, favorable weather, and strategic acquisitions, with significant revenue and profit growth.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $21 million contract by the California Department of Transportation (Caltrans) to rehabilitate three miles of pavement on both the northbound and southbound lanes of State Route 99 (SR 99) through Tulare, California. Project funding is to come from federal sources and was included in Granite's third-quarter CAP. The existing pavement will be removed using cold planing and replaced with 56,300 tons of hot.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024. 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 wi.
GVA's focus on growing a high-quality CAP portfolio in a positive public funding environment and resilient private market is commendable.
What type of business is Granite Construction Incorporated?
Granite Construction Incorporated is a major construction contractor and manufacturer of construction materials in the United States. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California. The company operates nationwide, serving clients in both the public and private sectors. In the public sector, it specializes in large construction projects for civil infrastructure. In the private sector, the company offers services for site preparation and infrastructure for residential, energy, commercial, industrial, and other projects, as well as providing professional construction management services.
What sector is Granite Construction Incorporated in?
Granite Construction Incorporated is in the Industrials sector
What industry is Granite Construction Incorporated in?
Granite Construction Incorporated is in the Engineering & Construction industry
What country is Granite Construction Incorporated from?
Granite Construction Incorporated is headquartered in United States
When did Granite Construction Incorporated go public?
Granite Construction Incorporated initial public offering (IPO) was on 20 April 1990
What is Granite Construction Incorporated website?
https://www.graniteconstruction.com
Is Granite Construction Incorporated in the S&P 500?
No, Granite Construction Incorporated is not included in the S&P 500 index
Is Granite Construction Incorporated in the NASDAQ 100?
No, Granite Construction Incorporated is not included in the NASDAQ 100 index
Is Granite Construction Incorporated in the Dow Jones?
No, Granite Construction Incorporated is not included in the Dow Jones index
When was Granite Construction Incorporated the previous earnings report?
No data
When does Granite Construction Incorporated earnings report?
The next expected earnings date for Granite Construction Incorporated is 21 February 2025