Granite Construction Incorporated (GVA): Price and Financial Metrics
GET POWR RATINGS... FREE!
GVA Price/Volume Stats
| Current price | $36.72 | 52-week high | $44.15 |
| Prev. close | $36.15 | 52-week low | $25.35 |
| Day low | $36.06 | Volume | 400,400 |
| Day high | $36.81 | Avg. volume | 399,146 |
| 50-day MA | $38.25 | Dividend yield | 1.42% |
| 200-day MA | $35.54 | Market Cap | 1.61B |
GVA Stock Price Chart Interactive Chart >
GVA POWR Grades
- Growth is the dimension where GVA ranks best; there it ranks ahead of 82.98% of US stocks.
- GVA's strongest trending metric is Value; it's been moving up over the last 179 days.
- GVA's current lowest rank is in the Sentiment metric (where it is better than 3.73% of US stocks).
GVA Stock Summary
- GRANITE CONSTRUCTION INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 84.55% of US listed stocks.
- GVA's went public 31.27 years ago, making it older than 84.1% of listed US stocks we're tracking.
- The price/operating cash flow metric for GRANITE CONSTRUCTION INC is higher than 93.02% of stocks in our set with a positive cash flow.
- Stocks with similar financial metrics, market capitalization, and price volatility to GRANITE CONSTRUCTION INC are ABM, NRC, ALG, FSS, and OLLI.
- Visit GVA's SEC page to see the company's official filings. To visit the company's web site, go to www.graniteconstruction.com.
GVA Valuation Summary
- In comparison to the median Industrials stock, GVA's price/sales ratio is 73.68% lower, now standing at 0.5.
- Over the past 243 months, GVA's EV/EBIT ratio has gone up 12.9.
Below are key valuation metrics over time for GVA.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GVA | 2023-05-19 | 0.5 | 1.8 | 22.2 | 20.4 |
| GVA | 2023-05-18 | 0.5 | 1.8 | 22.4 | 20.6 |
| GVA | 2023-05-17 | 0.5 | 1.8 | 22.3 | 20.5 |
| GVA | 2023-05-16 | 0.5 | 1.7 | 21.9 | 20.1 |
| GVA | 2023-05-15 | 0.5 | 1.8 | 22.3 | 20.5 |
| GVA | 2023-05-12 | 0.5 | 1.8 | 22.2 | 20.4 |
GVA Growth Metrics
- The year over year net income to common stockholders growth rate now stands at 143.41%.
- Its 3 year revenue growth rate is now at -14.43%.
- Its 4 year revenue growth rate is now at 40.16%.
The table below shows GVA's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 3,301.256 | 55.647 | 83.302 |
| 2022-09-30 | 2,639.517 | -52.622 | 64.392 |
| 2022-06-30 | 2,691.84 | -50.343 | 26.042 |
| 2022-03-31 | 2,887.726 | -66.336 | 63.352 |
| 2021-12-31 | 3,010.053 | 21.931 | 10.096 |
| 2021-09-30 | 3,641.786 | 189.716 | 31.319 |
GVA's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- GVA has a Quality Grade of B, ranking ahead of 80.41% of graded US stocks.
- GVA's asset turnover comes in at 1.487 -- ranking 14th of 51 Construction stocks.
- ORN, WLMS, and AGX are the stocks whose asset turnover ratios are most correlated with GVA.
The table below shows GVA's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 1.487 | 0.112 | 0.048 |
| 2021-06-30 | 1.500 | 0.113 | -0.047 |
| 2020-12-31 | 1.459 | 0.097 | -0.086 |
| 2020-09-30 | 1.392 | 0.107 | -0.041 |
| 2019-12-31 | 1.360 | 0.064 | -0.036 |
| 2019-09-30 | 1.341 | 0.055 | -0.069 |
GVA Price Target
For more insight on analysts targets of GVA, see our GVA price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $46.75 | Average Broker Recommendation | 1.83 (Hold) |
Granite Construction Incorporated (GVA) Company Bio
Granite Construction operates as a heavy civil contractor and a construction materials producer in the United States. The company operates through Construction, Large Project Construction, and Construction Materials segments. The company was founded in 1922 and is based in Watsonville, California.
Latest GVA News From Around the Web
Below are the latest news stories about GRANITE CONSTRUCTION INC that investors may wish to consider to help them evaluate GVA as an investment opportunity.
Parleys I-80 South Quarry Small Mine Air Permit Application Ready for Public CommentSALT LAKE CITY, May 17, 2023--Granite (NYSE:GVA) has received approval from the Utah Department of Air Quality (UDAQ) to begin the public comment period as part of Granite’s Parleys I-80 South Quarry Small Mine Air Permit application. During this rigorous application process, the application undergoes a comprehensive 30-day comment period, allowing the public to provide valuable input. |
Granite Construction Incorporated Announces Closing of $325 Million of Convertible Senior Notes due 2028 and Full Exercise of Initial Purchasers’ Option to Purchase Additional $48.75 Million of the Convertible Senior NotesWATSONVILLE, Calif., May 11, 2023--Granite Construction Incorporated (NYSE: GVA) ("Granite") today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.75% Convertible Senior Notes due 2028 (the "Convertible Notes") for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the initial |
Granite Construction Awarded Preconstruction Contract for Parks Hwy MP 319-325 in AlaskaWATSONVILLE, Calif., May 11, 2023--Granite (NYSE:GVA) has been awarded the preconstruction contract for Parks Highway MP 319-325, the estimated value for construction is $65 million. The project will be in collaboration with Alaska DOT & PF and its designer, Michael Baker International, to optimize the design, minimize right-of-way acquisition, improve constructability, and identify efficiency opportunities during this highway's reconstruction. |
Pyramid Highway Project Nets Granite an Approximately $58 Million ContractWATSONVILLE, Calif., May 10, 2023--Granite (NYSE:GVA) has been selected by the Nevada Department of Transportation (NDOT) to reconstruct a section of highway in Sparks, Nevada. The project, valued at approximately $58 million, is an extension of the company’s award-winning Pyramid and McCarran Intersection Improvement Project, completed in 2017. Funding will come from the Federal Highway Administration (FHWA) and was included in Granite’s first-quarter CAP. |
Granite Awarded an Approximately $173 Million Weir Widening ContractWATSONVILLE, Calif., May 10, 2023--Granite (NYSE:GVA) has been awarded an approximately $173 million contract by the U.S. Army Corps of Engineers (USACE), Sacramento District, to construct various elements along the Sacramento River in California. Project funding will come from the Emergency Supplemental Appropriations in the Bipartisan Budget Act of 2018 and other sources and will be included in Granite’s second-quarter CAP. |
GVA Price Returns
| 1-mo | -3.70% |
| 3-mo | -14.63% |
| 6-mo | 6.87% |
| 1-year | 12.80% |
| 3-year | 123.06% |
| 5-year | -29.07% |
| YTD | 5.04% |
| 2022 | -7.82% |
| 2021 | 46.80% |
| 2020 | -0.65% |
| 2019 | -30.28% |
| 2018 | -35.80% |
GVA Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
Continue Researching GVA
Here are a few links from around the web to help you further your research on Granite Construction Inc's stock as an investment opportunity:Granite Construction Inc (GVA) Stock Price | Nasdaq
Granite Construction Inc (GVA) Stock Quote, History and News - Yahoo Finance
Granite Construction Inc (GVA) Stock Price and Basic Information | MarketWatch
Loading social stream, please wait...