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Granite Construction Incorporated (GVA)

123.62 +1.93 (+1.59%)
At close: October 30 at 4:00:02 PM EDT
123.62 0.00 (0.00%)
After hours: October 30 at 4:43:32 PM EDT
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GVA Q3 2026 earnings call
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Chart Range Bar
Loading chart for GVA
  • Previous Close 121.69
  • Open 121.50
  • Bid 119.15 x 10000
  • Ask 131.98 x 10000
  • Day's Range 120.43 - 126.18
  • 52 Week Range 97.26 - 162.08
  • Volume 1,072,172
  • Avg. Volume 671,028
  • Market Cap (intraday) 5.455B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -4.32
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 0.52 (0.43%)
  • 1y Target Est 170.17
  • Zacks Rating Neutral

Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through 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 and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt, and recycled materials for internal use in construction projects and sale to third parties. It also provides site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; produces construction materials; and provides construction management professional services, as well as owns and leases aggregate reserves and processing plants. 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 incorporated in 1922 and is headquartered in Watsonville, California.

www.graniteconstruction.com

2,500

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

GVA
7.50%
S&P 500 (^GSPC)
10.73%

1-Year Return

GVA
20.73%
S&P 500 (^GSPC)
11.11%

3-Year Return

GVA
267.03%
S&P 500 (^GSPC)
81.91%

5-Year Return

GVA
249.73%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.77B
Earnings 3.21M
Profit Margin 0.18%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
-15.0%
-10.0%
-5.0%
0.0%

Analyst Insights

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Analyst Price Targets

110.00 Low
170.17 Average
123.62 Current
200.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 7/31/2026
Analyst Goldman Sachs
Rating Action Maintains
Rating Sell
Price Action Lowers
Price Target 139 -> 119

Statistics

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Valuation Measures

Annual
As of 10/29/2026
  • Market Cap

    5.37B

  • Enterprise Value

    6.11B

  • Trailing P/E

    --

  • Forward P/E

    14.39

  • PEG Ratio (current)

    --

  • Price/Sales (ttm)

    1.19

  • Price/Book (mrq)

    7.07

  • Enterprise Value/Revenue

    1.23

  • Enterprise Value/EBITDA

    37.39

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -4.99%

  • Return on Assets (ttm)

    5.72%

  • Return on Equity (ttm)

    -21.68%

  • Revenue (ttm)

    5.3B

  • Net Income Avi to Common (ttm)

    -264.62M

  • Diluted EPS (ttm)

    -4.32

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    635.27M

  • Total Debt/Equity (mrq)

    171.23%

  • Levered Free Cash Flow (ttm)

    477.93M

Compare

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Company Insights

Fair Value

123.62 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Raising target price to $105.00

    GRANITE CONSTRUCTION INC has an Investment Rating of HOLD; a target price of $105.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

  • Lowering target price to $104.00

    GRANITE CONSTRUCTION INC has an Investment Rating of HOLD; a target price of $104.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

  • Lowering target price to $107.00

    GRANITE CONSTRUCTION INC has an Investment Rating of HOLD; a target price of $107.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

  • Raising target price to $115.00

    GRANITE CONSTRUCTION INC has an Investment Rating of HOLD; a target price of $115.000000; an Industry Subrating of High; a Management Subrating of Low; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Medium.

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