Equities Analysts Offer Predictions for GVA Q4 Earnings

Granite Construction Incorporated (NYSE:GVA) – Stock analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of Granite Construction in a research note issued 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 announced its earnings results on Thursday, November 6th. The construction company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.14. Granite Construction had a net margin of 3.89% and a return on equity of 21.64%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the firm posted $2.05 earnings per share. The company’s revenue was up 12.1% on a year-over-year basis. Granite Construction has set its FY 2025 guidance at EPS.

Several other equities research analysts have also recently commented on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Granite Construction in a research report on Tuesday, October 14th. Wall Street Zen lowered shares of Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Granite Construction presently has an average rating of “Hold” and an average target price of $103.00.

Granite Construction Stock Performance

Shares of Granite Construction stock opened at $102.44 on Wednesday. The firm has a 50 day simple moving average of $106.25 and a 200 day simple moving average of $98.14. The firm has a market cap of $4.49 billion, a P/E ratio of 33.48 and a beta of 1.42. Granite Construction has a fifty-two week low of $69.08 and a fifty-two week high of $112.16. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.57 and a quick ratio of 1.45.

Institutional Trading of Granite Construction

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Frontier Capital Management Co. LLC lifted its stake in shares of Granite Construction by 14.3% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,370,029 shares of the construction company’s stock valued at $128,111,000 after acquiring an additional 171,904 shares during the last quarter. First Trust Advisors LP lifted its stake in Granite Construction by 4.0% in the second quarter. First Trust Advisors LP now owns 1,221,031 shares of the construction company’s stock valued at $114,179,000 after buying an additional 46,552 shares during the period. Hill City Capital LP boosted its stake in Granite Construction by 1.1% during the first quarter. Hill City Capital LP now owns 1,060,048 shares of the construction company’s stock worth $79,928,000 after acquiring an additional 11,110 shares in the last quarter. Geode Capital Management LLC increased its position in Granite Construction by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 1,037,916 shares of the construction company’s stock valued at $97,066,000 after buying an additional 7,979 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Granite Construction by 12.4% during the 1st quarter. Invesco Ltd. now owns 652,759 shares of the construction company’s stock worth $49,218,000 after buying an additional 72,175 shares during the period.

Insiders Place Their Bets

In other news, SVP Brian R. Dowd sold 2,025 shares of the business’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $110.16, for a total transaction of $223,074.00. Following the transaction, the senior vice president directly owned 14,685 shares in the company, valued at $1,617,699.60. The trade was a 12.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Michael G. Tatusko sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 29,241 shares of the company’s stock, valued at approximately $3,216,510. The trade was a 6.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 5,525 shares of company stock valued at $608,314. 1.00% of the stock is currently owned by corporate insiders.

Granite Construction Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. Granite Construction’s dividend payout ratio (DPR) is currently 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.