Granite Construction Incorporated Stock Today

GVA Stock  USD 92.37  0.16  0.17%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Granite Construction is trading at 92.37 as of the 18th of January 2025, a 0.17 percent increase since the beginning of the trading day. The stock's open price was 92.21. Granite Construction has only a 6 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
20th of April 1990
Category
Industrials
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. The company has 43.71 M outstanding shares of which 4.57 M shares are currently shorted by investors with about 7.37 days to cover. More on Granite Construction Incorporated

Moving together with Granite Stock

  0.77ESOA Energy ServicesPairCorr
  0.64WLGS Wang Lee Group, TrendingPairCorr
  0.9ACA Arcosa IncPairCorr

Moving against Granite Stock

  0.32VATE Innovate CorpPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Granite Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Roberts
Thematic Ideas
(View all Themes)
Business ConcentrationConstruction & Engineering, Engineering & Construction, Industrials, NYSE Composite, SP Small-Cap 600, Construction, Military Industrial, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.821.43
Significantly Up
Very volatile
Gross Profit Margin0.140.13
Significantly Up
Pretty Stable
Total Current Liabilities1.2 B1.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total913.7 M870.2 M
Sufficiently Up
Slightly volatile
Total Assets3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Current AssetsB1.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities221.8 M211.3 M
Sufficiently Up
Slightly volatile
Debt Levels
Granite Construction can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Granite Construction's financial leverage. It provides some insight into what part of Granite Construction's total assets is financed by creditors.
Liquidity
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.

Change In Cash

149.33 Million
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. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.03 B. Granite Construction runs under Construction & Engineering sector within Industrials industry. The entity has 43.71 M outstanding shares of which 4.57 M shares are currently shorted by investors with about 7.37 days to cover. Granite Construction Incorporated has about 293.99 M in cash with 183.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.02.
Check Granite Construction Probability Of Bankruptcy
Ownership Allocation
The majority of Granite Construction outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Granite Construction to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Granite Construction Incorporated. Please pay attention to any change in the institutional holdings of Granite Construction as this could imply that something significant has changed or is about to change at the company.
Check Granite Ownership Details

Granite Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-09-30
992.3 K
Hill City Capital, Lp2024-09-30
978.9 K
Hood River Capital Management Llc2024-09-30
841.1 K
First Trust Advisors L.p.2024-09-30
837.2 K
Ack Asset Management Llc2024-09-30
825 K
Bank Of Montreal2024-09-30
797 K
Bmo Capital Markets Corp.2024-09-30
797 K
Fmr Inc2024-09-30
760.9 K
Goldman Sachs Group Inc2024-09-30
725.2 K
Blackrock Inc2024-09-30
M
Vanguard Group Inc2024-09-30
4.9 M
View Granite Construction Diagnostics

Granite Construction Historical Income Statement

At present, Granite Construction's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 78.7 M, whereas Depreciation And Amortization is forecasted to decline to about 66 M. View More Fundamentals

Granite Stock Against Markets

Granite Construction Corporate Directors

Celeste MastinIndependent DirectorProfile
Jeffery LyashIndependent DirectorProfile
David DarnellIndependent DirectorProfile
Patricia GallowayIndependent DirectorProfile
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.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.