Q4 Earnings Estimate for GVA Issued By DA Davidson

Granite Construction Incorporated (NYSE:GVA) – Investment analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of Granite Construction in a research note issued to investors on Tuesday, November 11th. DA Davidson analyst B. Thielman expects that the construction company will earn $1.34 per share for the quarter. DA Davidson has a “Buy” rating and a $130.00 price target on the stock. The consensus estimate for Granite Construction’s current full-year earnings is $5.49 per share.

Granite Construction (NYSE:GVA) last issued its quarterly earnings results on Thursday, November 6th. The construction company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.14. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.51 billion. Granite Construction had a net margin of 3.89% and a return on equity of 21.64%. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.05 earnings per share. Granite Construction has set its FY 2025 guidance at EPS.

Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Granite Construction in a research report on Tuesday, October 14th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $103.00.

Granite Construction Stock Up 0.4%

Shares of GVA stock opened at $102.90 on Wednesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.57 and a quick ratio of 1.45. Granite Construction has a one year low of $69.08 and a one year high of $112.16. The company’s fifty day moving average price is $106.07 and its 200-day moving average price is $98.20. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of 33.63 and a beta of 1.42.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Nuveen LLC bought a new stake in Granite Construction in the first quarter worth $21,966,000. Conversant Capital LLC purchased a new stake in shares of Granite Construction in the first quarter valued at $21,490,000. Norges Bank bought a new stake in shares of Granite Construction in the 2nd quarter worth about $24,812,000. RPG Investment Advisory LLC lifted its holdings in shares of Granite Construction by 106.6% in the 1st quarter. RPG Investment Advisory LLC now owns 472,566 shares of the construction company’s stock worth $35,632,000 after acquiring an additional 243,875 shares during the last quarter. Finally, Cubist Systematic Strategies LLC boosted its stake in shares of Granite Construction by 95.2% during the 1st quarter. Cubist Systematic Strategies LLC now owns 454,501 shares of the construction company’s stock worth $34,269,000 after purchasing an additional 221,709 shares during the period.

Insider Activity

In related news, SVP Michael G. Tatusko sold 2,000 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $110.00, for a total value of $220,000.00. Following the completion of the transaction, the senior vice president directly owned 29,241 shares of the company’s stock, valued at approximately $3,216,510. This trade represents a 6.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Brian R. Dowd sold 2,025 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $110.16, for a total transaction of $223,074.00. Following the sale, the senior vice president directly owned 14,685 shares in the company, valued at approximately $1,617,699.60. The trade was a 12.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 5,525 shares of company stock worth $608,314. 1.00% of the stock is currently owned by insiders.

Granite Construction Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Granite Construction’s dividend payout ratio is 14.99%.

Granite Construction Company Profile

Granite Construction Incorporated operates as an infrastructure contractor 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 and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.