David Kelsey - Granite Construction Independent Director

GVA Stock  USD 98.21  0.96  0.99%   

Director

Mr. David H. Kelsey is Independent Director of the Company. He has served as Chief Financial Officer of Verdezyne, Inc. from 2016 to 2018. Verdezyne is a privatelyowned company that uses synthetic biology to produce highvalue chemicals. Prior to joining Verdezyne, Mr. Kelsey was the Chief Financial Officer of Elevance Renewable Sciences, Inc., a privatelyowned producer of high performance specialty chemicals. From 2002 to 2011, Mr. Kelsey served as Chief Financial Officer of Sealed Air Corporationrationration, an SP 500 manufacturer of specialty packaging for food and other protective applications. We believe that Mr. Kelseys experience as the chief financial officer of a major NYSElisted company, as well as his indepth knowledge and understanding of generally accepted accounting principles, experience in preparing, auditing and analyzing financial statements, understanding of internal control over financial reporting, and his understanding of audit committee functions qualify him to serve on our Board since 2003.
Age 69
Tenure 21 years
Professional MarksMBA
Address 585 West Beach Street, Watsonville, CA, United States, 95076
Phone831 724 1011
Webhttps://www.graniteconstruction.com
Kelsey holds a B.S.E. degree in Civil and Geological Engineering from Princeton University and an M.B.A. degree from Harvard University Graduate School of Business.

Granite Construction Management Efficiency

The company has Return on Asset of 0.0267 % which means that on every $100 spent on assets, it made $0.0267 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1109 %, implying that it generated $0.1109 on every 100 dollars invested. Granite Construction's management efficiency ratios could be used to measure how well Granite Construction manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.02. At present, Granite Construction's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 68.3 M, whereas Total Assets are forecasted to decline to about 1.4 B.
Granite Construction Incorporated has 735.09 M in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. Granite Construction has a current ratio of 1.49, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Granite to invest in growth at high rates of return.

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Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. Granite Construction Incorporated was founded in 1922 and is headquartered in Watsonville, California. Granite Construction operates under Engineering Construction classification in the United States and is traded on New York Stock Exchange. It employs 1900 people. Granite Construction Incorporated (GVA) is traded on New York Stock Exchange in USA. It is located in 585 West Beach Street, Watsonville, CA, United States, 95076 and employs 2,100 people. Granite Construction is listed under Construction & Engineering category by Fama And French industry classification.

Management Performance

Granite Construction Leadership Team

Elected by the shareholders, the Granite Construction's board of directors comprises two types of representatives: Granite Construction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Granite. The board's role is to monitor Granite Construction's management team and ensure that shareholders' interests are well served. Granite Construction's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Granite Construction's outside directors are responsible for providing unbiased perspectives on the board's policies.
M Hall, Senior Vice President General Counsel, Corporate Compliance Officer and Secretary
Louis Caldera, Independent Director
Celeste Mastin, Independent Director
Jeffery Lyash, Independent Director
Timothy Gruber, Senior Resources
Alan Krusi, Independent Director
Staci Woolsey, Senior Officer
David Darnell, Independent Director
Patricia Galloway, Independent Director
Laura Mullen, Independent Director
Robert Chase, Vice Strategy
Molly Campbell, Independent Director
Jigisha Desai, Executive Vice President, Assistant Secretary, Chief Strategy Officer
Tim Gruber, Senior Resources
Kyle Larkin, Senior Vice President and California Group Manager
James Radich, Chief Operating Officer, Executive Vice President
Dave Hulverson, Health, Safety
Alan Krussi, Independent Director
Elizabeth Curtis, Chief Financial Officer, Executive Vice President, Assistant Secretary
James Richards, Senior Vice President - Group Manager
Brian Dowd, Senior Vice President and California Group Manager
Michael Barker, Vice Relations
Michael McNally, Independent Chairman of the Board
Michael Tatusko, Senior Vice President and Group Manager
Claes Bjork, Independent Chairman of the board
Kim Craig, Senior Treasurer
Erin Kuhlman, Senior Officer
Craig Hall, Senior Vice President Corporate Compliance Officer, General Counsel, Secretary
Elizabeth CPA, Executive Officer
Kenneth Olson, Vice President Treasurer, and Assistant Financial Officer Assistant Secretary
Craig JD, General VP
Gaddi Vasquez, Independent Director
David Kelsey, Independent Director
James Bradford, Independent Director
James Roberts, CEO and President Director and Member of Executive Committee

Granite Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Granite Construction a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Construction Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
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Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.38
Dividend Share
0.52
Earnings Share
2.36
Revenue Per Share
90.257
Quarterly Revenue Growth
0.142
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.